NEW GOLD INC (NGD) Stock Fundamental Analysis
USA - NYSEARCA:NGD - CA6445351068 - Common Stock
6.49 USD
+0.03 (+0.46%)
6.4998 USD
+0.01 (+0.15%)
Taking everything into account, NGD scores 5 out of 10 in our fundamental rating. NGD was compared to 155 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. NGD is not priced too expensively while it is growing strongly. Keep and eye on this one!
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.
In the past 5 years NGD always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 5.89%, NGD is doing good in the industry, outperforming 80.00% of the companies in the same industry.
NGD has a better Return On Equity (13.15%) than 85.81% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.01%, NGD belongs to the top of the industry, outperforming 87.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 13.15% | ||
| ROIC | 11.01% |
ROA(3y)-0.23%
ROA(5y)0.29%
ROE(3y)-1.79%
ROE(5y)-0.14%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NGD has a better Profit Margin (14.04%) than 80.00% of its industry peers.
NGD's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 27.28%, NGD belongs to the top of the industry, outperforming 81.29% of the companies in the same industry.
In the last couple of years the Operating Margin of NGD has grown nicely.
The Gross Margin of NGD (83.76%) is better than 99.35% of its industry peers.
NGD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.28% | ||
| PM (TTM) | 14.04% | ||
| GM | 83.76% |
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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NGD is still creating some value.
NGD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for NGD has been increased compared to 5 years ago.
NGD has a worse debt/assets ratio than last year.
2.2 Solvency
NGD has an Altman-Z score of 1.70. This is a bad value and indicates that NGD is not financially healthy and even has some risk of bankruptcy.
NGD's Altman-Z score of 1.70 is on the low side compared to the rest of the industry. NGD is outperformed by 74.19% of its industry peers.
NGD has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.50, NGD is not doing good in the industry: 78.71% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.7 |
ROIC/WACC1.31
WACC8.4%
2.3 Liquidity
NGD has a Current Ratio of 0.89. 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 0.89 is on the low side compared to the rest of the industry. NGD is outperformed by 87.74% of its industry peers.
NGD has a Quick Ratio of 0.89. 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 0.62, NGD is not doing good in the industry: 83.87% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 366.67% over the past year.
Measured over the past years, NGD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.55% on average per year.
Looking at the last year, NGD shows a very strong growth in Revenue. The Revenue has grown by 27.24%.
Measured over the past years, NGD shows a small growth in Revenue. The Revenue has been growing by 7.95% on average per year.
EPS 1Y (TTM)366.67%
EPS 3Y16.55%
EPS 5YN/A
EPS Q2Q%450%
Revenue 1Y (TTM)27.24%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%41.34%
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 24.82% on average per year.
NGD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.67% yearly.
EPS Next Y168.45%
EPS Next 2Y120.11%
EPS Next 3Y64.89%
EPS Next 5Y24.82%
Revenue Next Year49.54%
Revenue Next 2Y48.87%
Revenue Next 3Y25.92%
Revenue Next 5Y16.67%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 23.18, NGD is valued on the expensive side.
Based on the Price/Earnings ratio, NGD is valued a bit cheaper than 76.77% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.91, NGD is valued at the same level.
With a Price/Forward Earnings ratio of 7.05, the valuation of NGD can be described as very cheap.
Based on the Price/Forward Earnings ratio, NGD is valued cheaply inside the industry as 96.13% 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 22.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.18 | ||
| Fwd PE | 7.05 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NGD indicates a somewhat cheap valuation: NGD is cheaper than 73.55% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.63 |
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.
NGD's earnings are expected to grow with 64.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y120.11%
EPS Next 3Y64.89%
5. Dividend
5.1 Amount
NGD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.49
+0.03 (+0.46%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners64.79%
Inst Owner Change0.03%
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap5.14B
Revenue(TTM)1.03B
Net Income(TTM)144.90M
Analysts78.46
Price Target5.94 (-8.47%)
Short Float %2.22%
Short Ratio1.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)67.89%
Min EPS beat(2)4.72%
Max EPS beat(2)131.06%
EPS beat(4)4
Avg EPS beat(4)61.24%
Min EPS beat(4)4.72%
Max EPS beat(4)131.06%
EPS beat(8)7
Avg EPS beat(8)102.11%
EPS beat(12)9
Avg EPS beat(12)61.78%
EPS beat(16)11
Avg EPS beat(16)50.02%
Revenue beat(2)1
Avg Revenue beat(2)9.71%
Min Revenue beat(2)-4.85%
Max Revenue beat(2)24.28%
Revenue beat(4)1
Avg Revenue beat(4)3.79%
Min Revenue beat(4)-4.85%
Max Revenue beat(4)24.28%
Revenue beat(8)4
Avg Revenue beat(8)2.57%
Revenue beat(12)7
Avg Revenue beat(12)2.03%
Revenue beat(16)9
Avg Revenue beat(16)0.46%
PT rev (1m)1.51%
PT rev (3m)14.52%
EPS NQ rev (1m)-7.02%
EPS NQ rev (3m)13.25%
EPS NY rev (1m)-4.42%
EPS NY rev (3m)32.03%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)1.84%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)9.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.18 | ||
| Fwd PE | 7.05 | ||
| P/S | 4.98 | ||
| P/FCF | N/A | ||
| P/OCF | 10.11 | ||
| P/B | 4.66 | ||
| P/tB | 4.66 | ||
| EV/EBITDA | 10.63 |
EPS(TTM)0.28
EY4.31%
EPS(NY)0.92
Fwd EY14.18%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)0.64
OCFY9.9%
SpS1.3
BVpS1.39
TBVpS1.39
PEG (NY)0.14
PEG (5Y)N/A
Graham Number2.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 13.15% | ||
| ROCE | 13.94% | ||
| ROIC | 11.01% | ||
| ROICexc | 12.45% | ||
| ROICexgc | 12.45% | ||
| OM | 27.28% | ||
| PM (TTM) | 14.04% | ||
| GM | 83.76% | ||
| FCFM | N/A |
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 Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.05 | ||
| Cap/Depr | 245.02% | ||
| Cap/Sales | 56.71% | ||
| Interest Coverage | 6.72 | ||
| Cash Conversion | 97.69% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 1.7 |
F-Score7
WACC8.4%
ROIC/WACC1.31
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)366.67%
EPS 3Y16.55%
EPS 5YN/A
EPS Q2Q%450%
EPS Next Y168.45%
EPS Next 2Y120.11%
EPS Next 3Y64.89%
EPS Next 5Y24.82%
Revenue 1Y (TTM)27.24%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%41.34%
Revenue Next Year49.54%
Revenue Next 2Y48.87%
Revenue Next 3Y25.92%
Revenue Next 5Y16.67%
EBIT growth 1Y327.01%
EBIT growth 3Y10.12%
EBIT growth 5YN/A
EBIT Next Year415.73%
EBIT Next 3Y101.88%
EBIT Next 5Y38.55%
FCF growth 1Y-4.63%
FCF growth 3Y16.79%
FCF growth 5Y64.19%
OCF growth 1Y151.09%
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 5 / 10 to NGD.
What is the valuation status for NGD stock?
ChartMill assigns a valuation rating of 6 / 10 to NEW GOLD INC (NGD). This can be considered as Fairly Valued.
What is the profitability of NGD stock?
NEW GOLD INC (NGD) has a profitability rating of 7 / 10.
What is the earnings growth outlook for NEW GOLD INC?
The Earnings per Share (EPS) of NEW GOLD INC (NGD) is expected to grow by 168.45% in the next year.