NEW GOLD INC (NGD) Stock Fundamental Analysis

NYSEARCA:NGD • CA6445351068

11.225 USD
+0.46 (+4.22%)
Last: Feb 18, 2026, 10:22 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Overall NGD gets a fundamental rating of 6 out of 10. We evaluated NGD against 157 industry peers in the Metals & Mining industry. While NGD belongs to the best of the industry regarding profitability, there are concerns on its financial health. An interesting combination arises when we look at growth and value: NGD is growing strongly while it also seems undervalued.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • NGD had positive earnings in the past year.
  • NGD had a positive operating cash flow in the past year.
  • In multiple years NGD reported negative net income over the last 5 years.
  • Each year in the past 5 years NGD had a positive operating cash flow.
NGD Yearly Net Income VS EBIT VS OCF VS FCFNGD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -500M -1B

1.2 Ratios

  • The Return On Assets of NGD (10.52%) is better than 89.17% of its industry peers.
  • NGD has a Return On Equity of 20.11%. This is amongst the best in the industry. NGD outperforms 92.36% of its industry peers.
  • NGD has a Return On Invested Capital of 17.52%. This is amongst the best in the industry. NGD outperforms 91.72% of its industry peers.
Industry RankSector Rank
ROA 10.52%
ROE 20.11%
ROIC 17.52%
ROA(3y)-0.23%
ROA(5y)0.29%
ROE(3y)-1.79%
ROE(5y)-0.14%
ROIC(3y)N/A
ROIC(5y)N/A
NGD Yearly ROA, ROE, ROICNGD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

  • With an excellent Profit Margin value of 20.07%, NGD belongs to the best of the industry, outperforming 84.08% of the companies in the same industry.
  • In the last couple of years the Profit Margin of NGD has declined.
  • With an excellent Operating Margin value of 36.13%, NGD belongs to the best of the industry, outperforming 85.35% of the companies in the same industry.
  • In the last couple of years the Operating Margin of NGD has grown nicely.
  • NGD has a better Gross Margin (86.65%) than 99.36% of its industry peers.
  • NGD's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 36.13%
PM (TTM) 20.07%
GM 86.65%
OM growth 3Y2.5%
OM growth 5YN/A
PM growth 3Y-16.2%
PM growth 5YN/A
GM growth 3Y1.61%
GM growth 5Y2.32%
NGD Yearly Profit, Operating, Gross MarginsNGD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150 -200

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NGD is creating some value.
  • Compared to 1 year ago, NGD has more shares outstanding
  • NGD has more shares outstanding than it did 5 years ago.
  • NGD has a worse debt/assets ratio than last year.
NGD Yearly Shares OutstandingNGD Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
NGD Yearly Total Debt VS Total AssetsNGD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

  • An Altman-Z score of 4.36 indicates that NGD is not in any danger for bankruptcy at the moment.
  • NGD's Altman-Z score of 4.36 is in line compared to the rest of the industry. NGD outperforms 56.05% of its industry peers.
  • The Debt to FCF ratio of NGD is 4.95, which is a neutral value as it means it would take NGD, 4.95 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of NGD (4.95) is better than 70.70% of its industry peers.
  • A Debt/Equity ratio of 0.32 indicates that NGD is not too dependend on debt financing.
  • The Debt to Equity ratio of NGD (0.32) is worse than 64.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 4.95
Altman-Z 4.36
ROIC/WACC1.68
WACC10.44%
NGD Yearly LT Debt VS Equity VS FCFNGD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • NGD has a Current Ratio of 0.88. This is a bad value and indicates that NGD is not financially healthy enough and could expect problems in meeting its short term obligations.
  • NGD's Current ratio of 0.88 is on the low side compared to the rest of the industry. NGD is outperformed by 88.53% of its industry peers.
  • NGD has a Quick Ratio of 0.88. This is a bad value and indicates that NGD is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.48, NGD is not doing good in the industry: 90.45% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.88
Quick Ratio 0.48
NGD Yearly Current Assets VS Current LiabilitesNGD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. Growth

3.1 Past

  • NGD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 309.09%, which is quite impressive.
  • NGD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.55% yearly.
  • Looking at the last year, NGD shows a very strong growth in Revenue. The Revenue has grown by 44.19%.
  • The Revenue has been growing slightly by 7.95% on average over the past years.
EPS 1Y (TTM)309.09%
EPS 3Y16.55%
EPS 5YN/A
EPS Q2Q%212.5%
Revenue 1Y (TTM)44.19%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%83.53%

3.2 Future

  • Based on estimates for the next years, NGD will show a very strong growth in Earnings Per Share. The EPS will grow by 32.56% on average per year.
  • The Revenue is expected to grow by 17.05% on average over the next years. This is quite good.
EPS Next Y226.54%
EPS Next 2Y147.86%
EPS Next 3Y77.1%
EPS Next 5Y32.56%
Revenue Next Year58.81%
Revenue Next 2Y60.86%
Revenue Next 3Y34.22%
Revenue Next 5Y17.05%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
NGD Yearly Revenue VS EstimatesNGD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B
NGD Yearly EPS VS EstimatesNGD Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.2 0.4 0.6 0.8 1

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 24.94, which indicates a rather expensive current valuation of NGD.
  • Compared to the rest of the industry, the Price/Earnings ratio of NGD indicates a rather cheap valuation: NGD is cheaper than 82.80% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.16. NGD is around the same levels.
  • The Price/Forward Earnings ratio is 9.62, which indicates a very decent valuation of NGD.
  • Based on the Price/Forward Earnings ratio, NGD is valued cheaply inside the industry as 89.81% of the companies are valued more expensively.
  • NGD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.10.
Industry RankSector Rank
PE 24.94
Fwd PE 9.62
NGD Price Earnings VS Forward Price EarningsNGD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150 200

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NGD is valued a bit cheaper than the industry average as 72.61% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, NGD is valued a bit cheaper than the industry average as 64.33% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 110.68
EV/EBITDA 12.59
NGD Per share dataNGD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • NGD has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as NGD's earnings are expected to grow with 77.10% in the coming years.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y147.86%
EPS Next 3Y77.1%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for NGD!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

NEW GOLD INC

NYSEARCA:NGD (2/18/2026, 10:22:08 AM)

11.225

+0.46 (+4.22%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-17
Earnings (Next)04-27
Inst Owners67.49%
Inst Owner Change0.77%
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap8.89B
Revenue(TTM)1.24B
Net Income(TTM)249.30M
Analysts77.78
Price Target9.29 (-17.24%)
Short Float %1.26%
Short Ratio0.48
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.36%
Min EPS beat(2)4.72%
Max EPS beat(2)36%
EPS beat(4)4
Avg EPS beat(4)47.2%
Min EPS beat(4)4.72%
Max EPS beat(4)131.06%
EPS beat(8)7
Avg EPS beat(8)104.59%
EPS beat(12)10
Avg EPS beat(12)73.59%
EPS beat(16)11
Avg EPS beat(16)48.71%
Revenue beat(2)1
Avg Revenue beat(2)2.44%
Min Revenue beat(2)-4.85%
Max Revenue beat(2)9.74%
Revenue beat(4)2
Avg Revenue beat(4)6.7%
Min Revenue beat(4)-4.85%
Max Revenue beat(4)24.28%
Revenue beat(8)4
Avg Revenue beat(8)3.57%
Revenue beat(12)7
Avg Revenue beat(12)2.81%
Revenue beat(16)10
Avg Revenue beat(16)1.53%
PT rev (1m)10.63%
PT rev (3m)31.83%
EPS NQ rev (1m)-6.96%
EPS NQ rev (3m)-18.22%
EPS NY rev (1m)-0.46%
EPS NY rev (3m)8.62%
Revenue NQ rev (1m)-7.14%
Revenue NQ rev (3m)-0.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.88%
Valuation
Industry RankSector Rank
PE 24.94
Fwd PE 9.62
P/S 7.15
P/FCF 110.68
P/OCF 13.05
P/B 7.17
P/tB 7.17
EV/EBITDA 12.59
EPS(TTM)0.45
EY4.01%
EPS(NY)1.17
Fwd EY10.4%
FCF(TTM)0.1
FCFY0.9%
OCF(TTM)0.86
OCFY7.66%
SpS1.57
BVpS1.57
TBVpS1.57
PEG (NY)0.11
PEG (5Y)N/A
Graham Number3.98
Profitability
Industry RankSector Rank
ROA 10.52%
ROE 20.11%
ROCE 22.17%
ROIC 17.52%
ROICexc 18.66%
ROICexgc 18.66%
OM 36.13%
PM (TTM) 20.07%
GM 86.65%
FCFM 6.46%
ROA(3y)-0.23%
ROA(5y)0.29%
ROE(3y)-1.79%
ROE(5y)-0.14%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y11.53%
ROICexgc growth 5YN/A
ROICexc growth 3Y11.53%
ROICexc growth 5YN/A
OM growth 3Y2.5%
OM growth 5YN/A
PM growth 3Y-16.2%
PM growth 5YN/A
GM growth 3Y1.61%
GM growth 5Y2.32%
F-Score7
Asset Turnover0.52
Health
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 4.95
Debt/EBITDA 0.57
Cap/Depr 240.3%
Cap/Sales 48.34%
Interest Coverage 9.82
Cash Conversion 97.44%
Profit Quality 32.21%
Current Ratio 0.88
Quick Ratio 0.48
Altman-Z 4.36
F-Score7
WACC10.44%
ROIC/WACC1.68
Cap/Depr(3y)123.96%
Cap/Depr(5y)128.72%
Cap/Sales(3y)37.2%
Cap/Sales(5y)37.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)309.09%
EPS 3Y16.55%
EPS 5YN/A
EPS Q2Q%212.5%
EPS Next Y226.54%
EPS Next 2Y147.86%
EPS Next 3Y77.1%
EPS Next 5Y32.56%
Revenue 1Y (TTM)44.19%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%83.53%
Revenue Next Year58.81%
Revenue Next 2Y60.86%
Revenue Next 3Y34.22%
Revenue Next 5Y17.05%
EBIT growth 1Y325.4%
EBIT growth 3Y10.12%
EBIT growth 5YN/A
EBIT Next Year455.63%
EBIT Next 3Y115.33%
EBIT Next 5Y48.65%
FCF growth 1Y388.85%
FCF growth 3Y16.79%
FCF growth 5Y64.19%
OCF growth 1Y173.63%
OCF growth 3Y6.66%
OCF growth 5Y8.31%

NEW GOLD INC / NGD FAQ

What is the ChartMill fundamental rating of NEW GOLD INC (NGD) stock?

ChartMill assigns a fundamental rating of 6 / 10 to NGD.


Can you provide the valuation status for NEW GOLD INC?

ChartMill assigns a valuation rating of 7 / 10 to NEW GOLD INC (NGD). This can be considered as Undervalued.


Can you provide the profitability details for NEW GOLD INC?

NEW GOLD INC (NGD) has a profitability rating of 7 / 10.


What are the PE and PB ratios of NEW GOLD INC (NGD) stock?

The Price/Earnings (PE) ratio for NEW GOLD INC (NGD) is 24.94 and the Price/Book (PB) ratio is 7.17.


How financially healthy is NEW GOLD INC?

The financial health rating of NEW GOLD INC (NGD) is 3 / 10.