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

  • NGD had positive earnings in the past year.
  • In the past year NGD had a positive cash flow from operations.
  • In multiple years NGD reported negative net income over the last 5 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

  • Looking at the Return On Assets, with a value of 10.52%, NGD belongs to the top of the industry, outperforming 92.20% of the companies in the same industry.
  • NGD has a Return On Equity of 20.11%. This is amongst the best in the industry. NGD outperforms 95.09% of its industry peers.
  • The Return On Invested Capital of NGD (15.96%) is better 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's Profit Margin of 20.07% is amongst the best of the industry. NGD outperforms 93.33% of its industry peers.
  • NGD's Profit Margin has declined in the last couple of years.
  • NGD has a Operating Margin of 36.13%. This is amongst the best in the industry. NGD outperforms 94.84% 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 99.37% of the companies in the same industry.
  • 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

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. NGD.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NGD is 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.
  • Looking at the Altman-Z score, with a value of 3.50, NGD is in line with its industry, outperforming 50.06% 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.
  • Looking at the Debt to FCF ratio, with a value of 4.95, NGD belongs to the top of the industry, outperforming 90.82% of the companies in the same industry.
  • NGD has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
  • NGD's Debt to Equity ratio of 0.32 is on the low side compared to the rest of the industry. NGD is outperformed by 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.
  • With a Current ratio value of 0.88, NGD is not doing good in the industry: 65.28% of the companies in the same industry are doing better.
  • 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.
  • Looking at the Quick ratio, with a value of 0.48, NGD is doing worse than 71.19% of the companies in the same industry.
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

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

3

3. NGD.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 273.68% over the past year.
  • The Earnings Per Share has been growing by 88.29% on average over the past years. This is a very strong growth
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

  • The Earnings Per Share is expected to grow by 2.30% on average over the next years.
  • 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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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

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Find the best growth stocksShow best growing peers

8

4. NGD.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 12.28 indicates a correct valuation of NGD.
  • NGD's Price/Earnings ratio is rather cheap when compared to the industry. NGD is cheaper than 95.09% of the companies in the same industry.
  • NGD's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.51.
  • NGD is valuated cheaply with a Price/Forward Earnings ratio of 6.74.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of NGD indicates a rather cheap valuation: NGD is cheaper than 95.60% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 21.41. NGD is valued rather cheaply when compared to this.
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 10 20 30

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 93.96% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of NGD indicates a rather cheap valuation: NGD is cheaper than 91.07% of the companies listed in the same industry.
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
Industry Strength85.16
Industry Growth20.9
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 Number6.96478 (-42.72%)
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.