NEW GOLD INC (NGD.CA) Stock Fundamental Analysis
Canada - TSX:NGD - CA6445351068 - Common Stock
9.49 CAD
+0.37 (+4.06%)
Overall NGD gets a fundamental rating of 5 out of 10. We evaluated NGD against 808 industry peers in the Metals & Mining industry. NGD scores excellent on profitability, but there are concerns on its financial health. An interesting combination arises when we look at growth and value: NGD is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
In the past year NGD was profitable.
NGD had a positive operating cash flow in the past year.
In multiple years NGD reported negative net income over the last 5 years.
Each year in the past 5 years NGD had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 5.89%, NGD belongs to the best of the industry, outperforming 90.72% of the companies in the same industry.
NGD has a better Return On Equity (13.15%) than 93.56% of its industry peers.
With an excellent Return On Invested Capital value of 10.04%, NGD belongs to the best of the industry, outperforming 95.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 13.15% | ||
| ROIC | 10.04% |
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 Profit Margin of 14.04%. This is amongst the best in the industry. NGD outperforms 93.07% of its industry peers.
NGD's Profit Margin has declined in the last couple of years.
NGD has a Operating Margin of 27.28%. This is amongst the best in the industry. NGD outperforms 93.94% of its industry peers.
NGD's Operating Margin has improved in the last couple of years.
The Gross Margin of NGD (83.76%) is better than 99.38% 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.
The number of shares outstanding for NGD has been increased compared to 1 year ago.
The number of shares outstanding for NGD has been increased compared to 5 years ago.
Compared to 1 year ago, NGD has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.84 indicates that NGD is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.84, NGD perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
NGD has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
NGD has a worse Debt to Equity ratio (0.50) than 72.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.84 |
ROIC/WACC1.16
WACC8.69%
2.3 Liquidity
A Current Ratio of 0.89 indicates that NGD may have some problems paying 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 60.89% 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.
NGD has a Quick ratio of 0.62. This is in the lower half of the industry: NGD underperforms 64.11% of its industry peers.
| 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.
NGD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.55% yearly.
The Revenue has grown by 27.24% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 7.95% on average over the past years.
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
NGD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.82% yearly.
Based on estimates for the next years, NGD will show a quite strong growth in Revenue. The Revenue will grow by 12.73% on average per year.
EPS Next Y180.85%
EPS Next 2Y126.49%
EPS Next 3Y66.29%
EPS Next 5Y24.82%
Revenue Next Year49.43%
Revenue Next 2Y48.59%
Revenue Next 3Y25.92%
Revenue Next 5Y12.73%
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.
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
With a Price/Earnings ratio of 24.33, NGD is valued on the expensive side.
Based on the Price/Earnings ratio, NGD is valued cheaper than 90.97% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.41. NGD is around the same levels.
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 96.04% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of NGD to the average of the S&P500 Index (22.87), we can say NGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.33 | ||
| 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 rather cheap valuation: NGD is cheaper than 93.56% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.26 |
4.3 Compensation for Growth
NGD's 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 66.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y126.49%
EPS Next 3Y66.29%
5. Dividend
5.1 Amount
No dividends for NGD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:NGD (9/22/2025, 7:00:00 PM)
9.49
+0.37 (+4.06%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners64.48%
Inst Owner ChangeN/A
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap7.51B
Analysts78.46
Price Target8.1 (-14.65%)
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)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)3.25%
PT rev (3m)65.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)74.31%
EPS NY rev (1m)0%
EPS NY rev (3m)38.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)30.15%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)9.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.33 | ||
| Fwd PE | 7.05 | ||
| P/S | 5.27 | ||
| P/FCF | N/A | ||
| P/OCF | 10.7 | ||
| P/B | 4.94 | ||
| P/tB | 4.94 | ||
| EV/EBITDA | 11.26 |
EPS(TTM)0.39
EY4.11%
EPS(NY)1.35
Fwd EY14.19%
FCF(TTM)-0.13
FCFYN/A
OCF(TTM)0.89
OCFY9.35%
SpS1.8
BVpS1.92
TBVpS1.92
PEG (NY)0.13
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 13.15% | ||
| ROCE | 13.94% | ||
| ROIC | 10.04% | ||
| ROICexc | 11.35% | ||
| ROICexgc | 11.35% | ||
| 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
ROICexcg growth 3Y11.53%
ROICexcg 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 | 1.84 |
F-Score7
WACC8.69%
ROIC/WACC1.16
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 Y180.85%
EPS Next 2Y126.49%
EPS Next 3Y66.29%
EPS Next 5Y24.82%
Revenue 1Y (TTM)27.24%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%41.34%
Revenue Next Year49.43%
Revenue Next 2Y48.59%
Revenue Next 3Y25.92%
Revenue Next 5Y12.73%
EBIT growth 1Y327.01%
EBIT growth 3Y10.12%
EBIT growth 5YN/A
EBIT Next Year336.51%
EBIT Next 3Y93.28%
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%