NEW GOLD INC (NGD.CA) Stock Fundamental Analysis
Canada - TSX:NGD - CA6445351068 - Common Stock
9.31 CAD
-0.92 (-8.99%)
Taking everything into account, NGD scores 6 out of 10 in our fundamental rating. NGD was compared to 792 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 evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
In the past year NGD was profitable.
In the past year NGD had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: NGD reported negative net income in multiple years.
In the past 5 years NGD always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.52%, NGD belongs to the top of the industry, outperforming 92.55% of the companies in the same industry.
Looking at the Return On Equity, with a value of 20.11%, NGD belongs to the top of the industry, outperforming 95.20% of the companies in the same industry.
NGD has a better Return On Invested Capital (15.96%) than 97.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.52% | ||
| ROE | 20.11% | ||
| ROIC | 15.96% |
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 (20.07%) than 94.19% of its industry peers.
In the last couple of years the Profit Margin of NGD has declined.
Looking at the Operating Margin, with a value of 36.13%, NGD belongs to the top of the industry, outperforming 96.34% of the companies in the same industry.
NGD's Operating Margin has improved in the last couple of years.
The Gross Margin of NGD (86.65%) is better than 99.49% of its industry peers.
NGD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
NGD has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
NGD has more shares outstanding than it did 1 year ago.
NGD has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NGD is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.61 indicates that NGD is not a great score, but indicates only limited risk for bankruptcy at the moment.
NGD has a Altman-Z score of 2.61. This is comparable to the rest of the industry: NGD outperforms 50.88% of its industry peers.
NGD has a debt to FCF ratio of 4.95. This is a neutral value as NGD would need 4.95 years to pay back of all of its debts.
The Debt to FCF ratio of NGD (4.95) is better than 90.66% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that NGD is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.32, NGD is doing worse than 71.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 4.95 | ||
| Altman-Z | 2.61 |
ROIC/WACC1.9
WACC8.42%
2.3 Liquidity
A Current Ratio of 0.88 indicates that NGD may have some problems paying its short term obligations.
The Current ratio of NGD (0.88) is worse than 64.02% 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: 69.57% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 309.09% over the past year.
The Earnings Per Share has been growing by 16.55% on average over the past years. This is quite good.
Looking at the last year, NGD shows a very strong growth in Revenue. The Revenue has grown by 44.19%.
NGD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.95% yearly.
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
NGD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.82% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.78, the valuation of NGD can be described as correct.
Based on the Price/Earnings ratio, NGD is valued cheaply inside the industry as 93.69% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.03, NGD is valued a bit cheaper.
NGD is valuated cheaply with a Price/Forward Earnings ratio of 7.18.
NGD's Price/Forward Earnings ratio is rather cheap when compared to the industry. NGD is cheaper than 95.08% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.27. NGD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.78 | ||
| Fwd PE | 7.18 |
4.2 Price Multiples
NGD's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NGD is cheaper than 95.33% of the companies in the same industry.
91.04% of the companies in the same industry are more expensive than NGD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 65.16 | ||
| EV/EBITDA | 7.88 |
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.
The decent profitability rating of NGD 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)0.09
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 |
TSX:NGD (11/4/2025, 7:00:00 PM)
9.31
-0.92 (-8.99%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners64.79%
Inst Owner ChangeN/A
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap7.37B
Revenue(TTM)1.24B
Net Income(TTM)249.30M
Analysts78.46
Price Target9.87 (6.02%)
Short Float %N/A
Short RatioN/A
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)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)21.84%
PT rev (3m)38.51%
EPS NQ rev (1m)18.27%
EPS NQ rev (3m)20%
EPS NY rev (1m)0%
EPS NY rev (3m)32.03%
Revenue NQ rev (1m)1.48%
Revenue NQ rev (3m)0.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.78 | ||
| Fwd PE | 7.18 | ||
| P/S | 4.21 | ||
| P/FCF | 65.16 | ||
| P/OCF | 7.69 | ||
| P/B | 4.22 | ||
| P/tB | 4.22 | ||
| EV/EBITDA | 7.88 |
EPS(TTM)0.63
EY6.77%
EPS(NY)1.3
Fwd EY13.92%
FCF(TTM)0.14
FCFY1.53%
OCF(TTM)1.21
OCFY13.01%
SpS2.21
BVpS2.21
TBVpS2.21
PEG (NY)0.09
PEG (5Y)N/A
Graham Number5.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.52% | ||
| ROE | 20.11% | ||
| ROCE | 22.17% | ||
| ROIC | 15.96% | ||
| ROICexc | 17.01% | ||
| ROICexgc | 17.01% | ||
| 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 Rank | Sector 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 | 2.61 |
F-Score7
WACC8.42%
ROIC/WACC1.9
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 Y168.45%
EPS Next 2Y120.11%
EPS Next 3Y64.89%
EPS Next 5Y24.82%
Revenue 1Y (TTM)44.19%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%83.53%
Revenue Next Year49.54%
Revenue Next 2Y48.87%
Revenue Next 3Y25.92%
Revenue Next 5Y16.67%
EBIT growth 1Y325.4%
EBIT growth 3Y10.12%
EBIT growth 5YN/A
EBIT Next Year415.73%
EBIT Next 3Y101.88%
EBIT Next 5Y38.55%
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.CA FAQ
What is the ChartMill fundamental rating of NEW GOLD INC (NGD.CA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to NGD.CA.
What is the valuation status for NGD stock?
ChartMill assigns a valuation rating of 9 / 10 to NEW GOLD INC (NGD.CA). This can be considered as Undervalued.
What is the profitability of NGD stock?
NEW GOLD INC (NGD.CA) 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.CA) is expected to grow by 168.45% in the next year.