NOVAGOLD RESOURCES INC (NG.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NG - CA66987E2069 - Common Stock
14.46 CAD
+0.67 (+4.86%)
Overall NG gets a fundamental rating of 2 out of 10. We evaluated NG against 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 is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year NG has reported negative net income.
- NG had a negative operating cash flow in the past year.
- 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 of -26.03%. This is comparable to the rest of the industry: NG outperforms 47.49% of its industry peers.
- 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
- Compared to 1 year ago, NG has about the same amount of shares outstanding.
- The number of shares outstanding for NG has been increased compared to 5 years ago.
- The debt/assets ratio for NG is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 6.54 indicates that NG is not in any danger for bankruptcy at the moment.
- NG has a Altman-Z score of 6.54. This is comparable to the rest of the industry: NG outperforms 56.30% of its industry peers.
- NG has a Debt/Equity ratio of 0.92. This is a neutral value indicating NG is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.92, NG is doing worse than 73.32% of the companies in the same industry.
| 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.
- Looking at the Current ratio, with a value of 26.91, NG belongs to the top of the industry, outperforming 94.37% of the companies in the same industry.
- A Quick Ratio of 26.91 indicates that NG has no problem at all paying its short term obligations.
- The Quick ratio of NG (26.91) is better than 94.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 26.91 | ||
| Quick Ratio | 26.91 |
3. Growth
3.1 Past
- NG shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.69%.
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.
- Also next year NG is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| 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
- NG's earnings are expected to decrease with -3.58% in the coming years. This may justify a cheaper valuation.
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.