NEW GOLD INC (NGD.CA) Fundamental Analysis & Valuation

TSX:NGD • CA6445351068

Current stock price

12.16 CAD
+0.39 (+3.31%)
Last:

This NGD.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. NGD.CA Profitability Analysis

1.1 Basic Checks

  • In the past year NGD was profitable.
  • NGD had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: NGD reported negative net income in multiple years.
  • Of the past 5 years NGD 4 years had a positive operating cash flow.
NGD.CA Yearly Net Income VS EBIT VS OCF VS FCFNGD.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -500M -1B

1.2 Ratios

  • NGD has a Return On Assets of 10.52%. This is amongst the best in the industry. NGD outperforms 92.20% of its industry peers.
  • Looking at the Return On Equity, with a value of 20.11%, NGD belongs to the top of the industry, outperforming 95.09% of the companies in the same industry.
  • NGD has a better Return On Invested Capital (15.96%) than 96.60% of its industry peers.
Industry RankSector 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
NGD.CA Yearly ROA, ROE, ROICNGD.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

  • NGD has a better Profit Margin (20.07%) than 93.33% of its industry peers.
  • In the last couple of years the Profit Margin of NGD has declined.
  • The Operating Margin of NGD (36.13%) is better than 94.84% of its industry peers.
  • NGD's Operating Margin has improved in the last couple of years.
  • The Gross Margin of NGD (86.65%) is better than 99.37% of its industry peers.
  • NGD's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
NGD.CA Yearly Profit, Operating, Gross MarginsNGD.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150 -200

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. NGD.CA Health Analysis

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.
  • There is no outstanding debt for NGD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
NGD.CA Yearly Shares OutstandingNGD.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
NGD.CA Yearly Total Debt VS Total AssetsNGD.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

  • NGD has an Altman-Z score of 3.50. This indicates that NGD is financially healthy and has little risk of bankruptcy at the moment.
  • NGD has a Altman-Z score (3.50) which is comparable to the rest of the industry.
  • 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.
  • With an excellent Debt to FCF ratio value of 4.95, NGD belongs to the best of the industry, outperforming 90.82% of the companies in the same industry.
  • A Debt/Equity ratio of 0.32 indicates that NGD is not too dependend on debt financing.
  • NGD has a Debt to Equity ratio of 0.32. This is in the lower half of the industry: NGD underperforms 70.06% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 4.95
Altman-Z 3.5
ROIC/WACC1.31
WACC12.16%
NGD.CA Yearly LT Debt VS Equity VS FCFNGD.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

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.
  • NGD has a Current ratio of 0.88. This is in the lower half of the industry: NGD underperforms 65.28% 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 71.19% of its industry peers.
Industry RankSector Rank
Current Ratio 0.88
Quick Ratio 0.48
NGD.CA Yearly Current Assets VS Current LiabilitesNGD.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. NGD.CA Growth Analysis

3.1 Past

  • NGD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 273.68%, which is quite impressive.
  • NGD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 88.29% yearly.
EPS 1Y (TTM)273.68%
EPS 3YN/A
EPS 5Y88.29%
EPS Q2Q%371.43%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%89.21%

3.2 Future

  • Based on estimates for the next years, NGD will show a small growth in Earnings Per Share. The EPS will grow by 2.30% on average per year.
  • The Revenue is expected to grow by 5.73% on average over the next years.
EPS Next Y82.69%
EPS Next 2Y28.57%
EPS Next 3Y8.58%
EPS Next 5Y2.3%
Revenue Next Year66.02%
Revenue Next 2Y23.39%
Revenue Next 3Y5.73%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
NGD.CA Yearly Revenue VS EstimatesNGD.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B
NGD.CA Yearly EPS VS EstimatesNGD.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.2 0.4 0.6 0.8 1

More info and screens

Find the best growth stocksShow best growing peers

8

4. NGD.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 12.28, the valuation of NGD can be described as correct.
  • Based on the Price/Earnings ratio, NGD is valued cheaper than 95.09% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of NGD to the average of the S&P500 Index (26.91), we can say NGD is valued rather cheaply.
  • NGD is valuated cheaply with a Price/Forward Earnings ratio of 6.74.
  • Based on the Price/Forward Earnings ratio, NGD is valued cheaply inside the industry as 95.60% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of NGD to the average of the S&P500 Index (23.68), we can say NGD is valued rather cheaply.
Industry RankSector Rank
PE 12.28
Fwd PE 6.74
NGD.CA Price Earnings VS Forward Price EarningsNGD.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NGD is valued cheaper than 93.96% of the companies in the same industry.
  • 91.07% of the companies in the same industry are more expensive than NGD, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 86.2
EV/EBITDA 10.3
NGD.CA Per share dataNGD.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5 2

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.
PEG (NY)0.15
PEG (5Y)0.14
EPS Next 2Y28.57%
EPS Next 3Y8.58%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. NGD.CA Dividend Analysis

5.1 Amount

  • No dividends for NGD!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

NGD.CA Fundamentals: All Metrics, Ratios and Statistics

NEW GOLD INC

TSX:NGD (3/23/2026, 7:00:00 PM)

12.16

+0.39 (+3.31%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-20
Earnings (Next)04-27
Inst Owners70.15%
Inst Owner ChangeN/A
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap9.63B
Revenue(TTM)N/A
Net Income(TTM)249.30M
Analysts78
Price Target11.06 (-9.05%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)-16.44%
PT rev (3m)-5.17%
EPS NQ rev (1m)16.82%
EPS NQ rev (3m)8.7%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.67%
Valuation
Industry RankSector Rank
PE 12.28
Fwd PE 6.74
P/S 5.57
P/FCF 86.2
P/OCF 10.17
P/B 5.58
P/tB 5.58
EV/EBITDA 10.3
EPS(TTM)0.99
EY8.14%
EPS(NY)1.8
Fwd EY14.84%
FCF(TTM)0.14
FCFY1.16%
OCF(TTM)1.2
OCFY9.84%
SpS2.18
BVpS2.18
TBVpS2.18
PEG (NY)0.15
PEG (5Y)0.14
Graham Number6.96
Profitability
Industry RankSector 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 RankSector 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 3.5
F-Score7
WACC12.16%
ROIC/WACC1.31
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)273.68%
EPS 3YN/A
EPS 5Y88.29%
EPS Q2Q%371.43%
EPS Next Y82.69%
EPS Next 2Y28.57%
EPS Next 3Y8.58%
EPS Next 5Y2.3%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%89.21%
Revenue Next Year66.02%
Revenue Next 2Y23.39%
Revenue Next 3Y5.73%
Revenue Next 5YN/A
EBIT growth 1Y325.4%
EBIT growth 3Y10.12%
EBIT growth 5YN/A
EBIT Next Year452.23%
EBIT Next 3Y121.53%
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 Fundamental Analysis FAQ

What is the ChartMill fundamental rating of NEW GOLD INC (NGD.CA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to NGD.CA.


Can you provide the valuation status for NEW GOLD INC?

ChartMill assigns a valuation rating of 8 / 10 to NEW GOLD INC (NGD.CA). This can be considered as Undervalued.


How profitable is NEW GOLD INC (NGD.CA) stock?

NEW GOLD INC (NGD.CA) has a profitability rating of 7 / 10.


How financially healthy is NEW GOLD INC?

The financial health rating of NEW GOLD INC (NGD.CA) is 4 / 10.


What is the expected EPS growth for NEW GOLD INC (NGD.CA) stock?

The Earnings per Share (EPS) of NEW GOLD INC (NGD.CA) is expected to grow by 82.69% in the next year.