NOVAGOLD RESOURCES INC (NG.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NG - CA66987E2069 - Common Stock
13.57 CAD
-0.89 (-6.15%)
Taking everything into account, NG scores 2 out of 10 in our fundamental rating. NG was compared to 817 industry peers in the Metals & Mining industry. While NG seems to be doing ok healthwise, there are quite some concerns on its profitability. NG has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year NG has reported negative net income.
- In the past year NG has reported a negative cash flow from operations.
- In the past 5 years NG always reported negative net income.
- In the past 5 years NG always reported negative operating cash flow.
1.2 Ratios
- NG has a Return On Assets (-26.03%) which is comparable to the rest of the industry.
- The Return On Equity of NG (-50.76%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -26.03% | ||
| ROE | -50.76% | ||
| ROIC | N/A |
ROA(3y)-36.73%
ROA(5y)-29.11%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Profit Margin and Operating Margin and Gross Margin are not available for NG so they could not be analyzed.
| Industry Rank | Sector 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
2. Health
2.1 Basic Checks
- NG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- An Altman-Z score of 6.54 indicates that NG is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 6.54, NG is in line with its industry, outperforming 56.30% of the companies in the same industry.
- NG has a Debt/Equity ratio of 0.92. This is a neutral value indicating NG is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.92, NG is not doing good in the industry: 73.32% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 6.54 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- NG has a Current Ratio of 26.91. This indicates that NG is financially healthy and has no problem in meeting its short term obligations.
- NG's Current ratio of 26.91 is amongst the best of the industry. NG outperforms 94.37% of its industry peers.
- NG has a Quick Ratio of 26.91. This indicates that NG is financially healthy and has no problem in meeting its short term obligations.
- NG has a Quick ratio of 26.91. This is amongst the best in the industry. NG outperforms 94.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 26.91 | ||
| Quick Ratio | 26.91 |
3. Growth
3.1 Past
- The earnings per share for NG have decreased by -7.69% in the last year.
EPS 1Y (TTM)-7.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-33.33%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
3.2 Future
- NG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.58% yearly.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-68.37%
EPS Next 2Y-8.2%
EPS Next 3Y-3.58%
EPS Next 5Y12.58%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for NG. In the last year negative earnings were reported.
- Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NG. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A cheap valuation may be justified as NG's earnings are expected to decrease with -3.58% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.2%
EPS Next 3Y-3.58%
5. Dividend
5.1 Amount
- No dividends for NG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NOVAGOLD RESOURCES INC / NG.CA FAQ
What is the fundamental rating for NG stock?
ChartMill assigns a fundamental rating of 2 / 10 to NG.CA.
Can you provide the valuation status for NOVAGOLD RESOURCES INC?
ChartMill assigns a valuation rating of 0 / 10 to NOVAGOLD RESOURCES INC (NG.CA). This can be considered as Overvalued.
How profitable is NOVAGOLD RESOURCES INC (NG.CA) stock?
NOVAGOLD RESOURCES INC (NG.CA) has a profitability rating of 1 / 10.
Can you provide the financial health for NG stock?
The financial health rating of NOVAGOLD RESOURCES INC (NG.CA) is 5 / 10.