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NEW FOUND GOLD CORP (NFG.CA) Stock Fundamental Analysis

TSX-V:NFG - TSX Venture Exchange - CA64440N1033 - Common Stock - Currency: CAD

1.57  +0.04 (+2.61%)

Fundamental Rating

2

Overall NFG gets a fundamental rating of 2 out of 10. We evaluated NFG against 802 industry peers in the Metals & Mining industry. NFG scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. NFG has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year NFG has reported negative net income.
NFG had a negative operating cash flow in the past year.
NFG had negative earnings in each of the past 5 years.
NFG had a negative operating cash flow in each of the past 5 years.
NFG.CA Yearly Net Income VS EBIT VS OCF VS FCFNFG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 -20M -40M -60M -80M -100M

1.2 Ratios

NFG's Return On Assets of -67.91% is on the low side compared to the rest of the industry. NFG is outperformed by 69.58% of its industry peers.
Looking at the Return On Equity, with a value of -75.51%, NFG is doing worse than 61.72% of the companies in the same industry.
Industry RankSector Rank
ROA -67.91%
ROE -75.51%
ROIC N/A
ROA(3y)-81.22%
ROA(5y)-64.42%
ROE(3y)-101.76%
ROE(5y)-78.24%
ROIC(3y)N/A
ROIC(5y)N/A
NFG.CA Yearly ROA, ROE, ROICNFG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 -50 -100 -150 -200

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for NFG so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
NFG.CA Yearly Profit, Operating, Gross MarginsNFG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024

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5

2. Health

2.1 Basic Checks

The number of shares outstanding for NFG has been increased compared to 1 year ago.
NFG has more shares outstanding than it did 5 years ago.
NFG has a better debt/assets ratio than last year.
NFG.CA Yearly Shares OutstandingNFG.CA Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
NFG.CA Yearly Total Debt VS Total AssetsNFG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 50M 100M

2.2 Solvency

An Altman-Z score of 17.86 indicates that NFG is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 17.86, NFG belongs to the best of the industry, outperforming 80.92% of the companies in the same industry.
NFG has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
NFG's Debt to Equity ratio of 0.00 is in line compared to the rest of the industry. NFG outperforms 57.86% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 17.86
ROIC/WACCN/A
WACCN/A
NFG.CA Yearly LT Debt VS Equity VS FCFNFG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M

2.3 Liquidity

NFG has a Current Ratio of 4.03. This indicates that NFG is financially healthy and has no problem in meeting its short term obligations.
NFG's Current ratio of 4.03 is fine compared to the rest of the industry. NFG outperforms 71.95% of its industry peers.
NFG has a Quick Ratio of 4.03. This indicates that NFG is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 4.03, NFG is doing good in the industry, outperforming 72.82% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 4.03
Quick Ratio 4.03
NFG.CA Yearly Current Assets VS Current LiabilitesNFG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

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1

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 39.53% over the past year.
EPS 1Y (TTM)39.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%30%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

Based on estimates for the next years, NFG will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.87% on average per year.
NFG is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -18.92% yearly.
EPS Next Y30.67%
EPS Next 2Y38.59%
EPS Next 3Y22.46%
EPS Next 5Y14.87%
Revenue Next Year-100%
Revenue Next 2Y-41.42%
Revenue Next 3YN/A
Revenue Next 5Y-18.92%

3.3 Evolution

NFG.CA Yearly Revenue VS EstimatesNFG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2024 500K 1M 1.5M
NFG.CA Yearly EPS VS EstimatesNFG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 -0.1 -0.2 -0.3 -0.4

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1

4. Valuation

4.1 Price/Earnings Ratio

NFG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year NFG is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NFG.CA Price Earnings VS Forward Price EarningsNFG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NFG.CA Per share dataNFG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2

4.3 Compensation for Growth

A more expensive valuation may be justified as NFG's earnings are expected to grow with 22.46% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y38.59%
EPS Next 3Y22.46%

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0

5. Dividend

5.1 Amount

NFG does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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NEW FOUND GOLD CORP

TSX-V:NFG (5/2/2025, 7:00:00 PM)

1.57

+0.04 (+2.61%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-21 2025-03-21/bmo
Earnings (Next)05-09 2025-05-09
Inst Owners5.26%
Inst Owner ChangeN/A
Ins Owners3.61%
Ins Owner ChangeN/A
Market Cap315.11M
Analysts83.08
Price Target3.84 (144.59%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)1
Avg EPS beat(2)-2.48%
Min EPS beat(2)-29.45%
Max EPS beat(2)24.49%
EPS beat(4)2
Avg EPS beat(4)-2.48%
Min EPS beat(4)-29.45%
Max EPS beat(4)24.49%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-62.75%
PT rev (3m)-62.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-100%
Revenue NY rev (3m)-100%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 4.73
P/tB 4.73
EV/EBITDA N/A
EPS(TTM)-0.26
EYN/A
EPS(NY)-0.18
Fwd EYN/A
FCF(TTM)-0.3
FCFYN/A
OCF(TTM)-0.28
OCFYN/A
SpS0
BVpS0.33
TBVpS0.33
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -67.91%
ROE -75.51%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-81.22%
ROA(5y)-64.42%
ROE(3y)-101.76%
ROE(5y)-78.24%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 551.11%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 4.03
Quick Ratio 4.03
Altman-Z 17.86
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)455.56%
Cap/Depr(5y)707.74%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)39.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%30%
EPS Next Y30.67%
EPS Next 2Y38.59%
EPS Next 3Y22.46%
EPS Next 5Y14.87%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year-100%
Revenue Next 2Y-41.42%
Revenue Next 3YN/A
Revenue Next 5Y-18.92%
EBIT growth 1Y41.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year92.46%
EBIT Next 3Y23.71%
EBIT Next 5Y14.87%
FCF growth 1Y40.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y43.91%
OCF growth 3YN/A
OCF growth 5YN/A