NEW GOLD INC (NGD.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NGD - CA6445351068 - Common Stock
10.81 CAD
+0.45 (+4.34%)
NGD gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 803 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. 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
NGD has a better Return On Assets (10.52%) than 92.40% of its industry peers.
With an excellent Return On Equity value of 20.11%, NGD belongs to the best of the industry, outperforming 95.02% of the companies in the same industry.
The Return On Invested Capital of NGD (15.96%) is better than 97.26% 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's Profit Margin of 20.07% is amongst the best of the industry. NGD outperforms 93.90% 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 95.52% of its industry peers.
In the last couple of years the Operating Margin of NGD has grown nicely.
Looking at the Gross Margin, with a value of 86.65%, NGD belongs to the top of the industry, outperforming 99.50% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NGD is still creating some value.
Compared to 1 year ago, NGD has more shares outstanding
Compared to 5 years ago, NGD has more shares outstanding
The debt/assets ratio for NGD is higher compared to a year ago.
2.2 Solvency
NGD has an Altman-Z score of 3.11. This indicates that NGD is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.11, NGD is in line with its industry, outperforming 51.31% of the companies in the same industry.
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.
NGD has a better Debt to FCF ratio (4.95) than 90.29% 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.
With a Debt to Equity ratio value of 0.32, NGD is not doing good in the industry: 71.61% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 4.95 | ||
| Altman-Z | 3.11 |
ROIC/WACC1.69
WACC9.44%
2.3 Liquidity
A Current Ratio of 0.88 indicates that NGD may have some problems paying its short term obligations.
NGD's Current ratio of 0.88 is on the low side compared to the rest of the industry. NGD is outperformed by 64.51% of its industry peers.
A Quick Ratio of 0.48 indicates that NGD may have some problems paying its short term obligations.
With a Quick ratio value of 0.48, NGD is not doing good in the industry: 70.86% 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.
Measured over the past years, NGD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.55% on average per year.
NGD shows a strong growth in Revenue. In the last year, the Revenue has grown by 44.19%.
The Revenue has been growing slightly by 7.95% on average over the past years.
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.
The Revenue is expected to grow by 17.05% on average over the next years. This is quite good.
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
A Price/Earnings ratio of 17.44 indicates a rather expensive valuation of NGD.
93.03% of the companies in the same industry are more expensive than NGD, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.29. NGD is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 6.69, the valuation of NGD can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NGD indicates a rather cheap valuation: NGD is cheaper than 95.52% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of NGD to the average of the S&P500 Index (23.51), we can say NGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.44 | ||
| Fwd PE | 6.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NGD is valued cheaper than 95.02% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NGD is valued cheaply inside the industry as 91.03% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 76.97 | ||
| EV/EBITDA | 9.24 |
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.
NGD has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as NGD's earnings are expected to grow with 77.10% in the coming years.
PEG (NY)0.08
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 | N/A |
TSX:NGD (12/9/2025, 7:00:00 PM)
10.81
+0.45 (+4.34%)
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 Cap8.56B
Revenue(TTM)1.24B
Net Income(TTM)249.30M
Analysts75.56
Price Target10.9 (0.83%)
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)10.37%
PT rev (3m)37.36%
EPS NQ rev (1m)-12.1%
EPS NQ rev (3m)10.58%
EPS NY rev (1m)9.12%
EPS NY rev (3m)16.81%
Revenue NQ rev (1m)6.86%
Revenue NQ rev (3m)9.47%
Revenue NY rev (1m)2.88%
Revenue NY rev (3m)7.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.44 | ||
| Fwd PE | 6.69 | ||
| P/S | 4.98 | ||
| P/FCF | 76.97 | ||
| P/OCF | 9.08 | ||
| P/B | 4.99 | ||
| P/tB | 4.99 | ||
| EV/EBITDA | 9.24 |
EPS(TTM)0.62
EY5.74%
EPS(NY)1.62
Fwd EY14.95%
FCF(TTM)0.14
FCFY1.3%
OCF(TTM)1.19
OCFY11.02%
SpS2.17
BVpS2.17
TBVpS2.17
PEG (NY)0.08
PEG (5Y)N/A
Graham Number5.5
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 | 3.11 |
F-Score7
WACC9.44%
ROIC/WACC1.69
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.