NEW GOLD INC (NGD.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NGD - CA6445351068 - Common Stock
12.41 CAD
-0.29 (-2.28%)
Taking everything into account, NGD scores 6 out of 10 in our fundamental rating. NGD was compared to 814 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 growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
NGD had positive earnings in the past year.
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.
NGD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NGD has a Return On Assets of 10.52%. This is amongst the best in the industry. NGD outperforms 92.87% of its industry peers.
NGD has a Return On Equity of 20.11%. This is amongst the best in the industry. NGD outperforms 95.45% of its industry peers.
The Return On Invested Capital of NGD (15.96%) is better than 96.93% 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 Profit Margin of 20.07%. This is amongst the best in the industry. NGD outperforms 93.86% of its industry peers.
In the last couple of years the Profit Margin of NGD has declined.
NGD has a Operating Margin of 36.13%. This is amongst the best in the industry. NGD outperforms 95.58% of its industry peers.
NGD's Operating Margin has improved in the last couple of years.
NGD has a better Gross Margin (86.65%) than 99.39% 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 just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, NGD has more shares outstanding
Compared to 5 years ago, NGD has more shares outstanding
Compared to 1 year ago, NGD has a worse debt to assets ratio.
2.2 Solvency
NGD has an Altman-Z score of 3.64. This indicates that NGD is financially healthy and has little risk of bankruptcy at the moment.
NGD's Altman-Z score of 3.64 is in line compared to the rest of the industry. NGD outperforms 51.97% of its industry peers.
The Debt to FCF ratio of NGD is 4.95, which is a neutral value as it means it would take NGD, 4.95 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of NGD (4.95) is better than 90.79% of its industry peers.
NGD has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of NGD (0.32) is worse than 71.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 4.95 | ||
| Altman-Z | 3.64 |
ROIC/WACC1.71
WACC9.35%
2.3 Liquidity
NGD has a Current 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.
The Current ratio of NGD (0.88) is worse than 64.62% of its industry peers.
A Quick Ratio of 0.48 indicates that NGD may have some problems paying its short term obligations.
NGD's Quick ratio of 0.48 is on the low side compared to the rest of the industry. NGD is outperformed by 70.76% of its industry peers.
| 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 32.56% yearly.
Based on estimates for the next years, NGD will show a quite strong growth in Revenue. The Revenue will grow by 17.05% on average per year.
EPS Next Y228.06%
EPS Next 2Y147.86%
EPS Next 3Y77.1%
EPS Next 5Y32.56%
Revenue Next Year59.88%
Revenue Next 2Y58.66%
Revenue Next 3Y32.94%
Revenue Next 5Y17.05%
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
Based on the Price/Earnings ratio of 20.02, the valuation of NGD can be described as rather expensive.
Based on the Price/Earnings ratio, NGD is valued cheaper than 92.51% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.59, NGD is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 7.77, the valuation of NGD can be described as very cheap.
Based on the Price/Forward Earnings ratio, NGD is valued cheaper than 95.45% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.03. NGD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.02 | ||
| Fwd PE | 7.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NGD is valued cheaper than 94.35% of the companies in the same industry.
NGD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NGD is cheaper than 91.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 89.42 | ||
| EV/EBITDA | 10.67 |
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.
The decent profitability rating of NGD may justify a higher PE ratio.
NGD's earnings are expected to grow with 77.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y147.86%
EPS Next 3Y77.1%
5. Dividend
5.1 Amount
NGD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:NGD (12/24/2025, 7:00:00 PM)
12.41
-0.29 (-2.28%)
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 Cap9.83B
Revenue(TTM)1.24B
Net Income(TTM)249.30M
Analysts75.56
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)10.37%
PT rev (3m)34.48%
EPS NQ rev (1m)3.37%
EPS NQ rev (3m)10.58%
EPS NY rev (1m)9.12%
EPS NY rev (3m)16.81%
Revenue NQ rev (1m)7.87%
Revenue NQ rev (3m)9.47%
Revenue NY rev (1m)2.88%
Revenue NY rev (3m)7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.02 | ||
| Fwd PE | 7.77 | ||
| P/S | 5.78 | ||
| P/FCF | 89.42 | ||
| P/OCF | 10.55 | ||
| P/B | 5.79 | ||
| P/tB | 5.79 | ||
| EV/EBITDA | 10.67 |
EPS(TTM)0.62
EY5%
EPS(NY)1.6
Fwd EY12.87%
FCF(TTM)0.14
FCFY1.12%
OCF(TTM)1.18
OCFY9.48%
SpS2.15
BVpS2.14
TBVpS2.14
PEG (NY)0.09
PEG (5Y)N/A
Graham Number5.47
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 | 3.64 |
F-Score7
WACC9.35%
ROIC/WACC1.71
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 Y228.06%
EPS Next 2Y147.86%
EPS Next 3Y77.1%
EPS Next 5Y32.56%
Revenue 1Y (TTM)44.19%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%83.53%
Revenue Next Year59.88%
Revenue Next 2Y58.66%
Revenue Next 3Y32.94%
Revenue Next 5Y17.05%
EBIT growth 1Y325.4%
EBIT growth 3Y10.12%
EBIT growth 5YN/A
EBIT Next Year455.63%
EBIT Next 3Y115.33%
EBIT Next 5Y48.65%
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 228.06% in the next year.