NEW GOLD INC (NGD.CA) Stock Fundamental Analysis
TSX:NGD - CA6445351068 - Common Stock
8.1 CAD
+0.27 (+3.45%)
We assign a fundamental rating of 5 out of 10 to NGD. NGD was compared to 803 industry peers in the Metals & Mining industry. While NGD has a great profitability rating, there are quite some concerns on its financial health. NGD has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
1. Profitability
1.1 Basic Checks
NGD had positive earnings in the past year.
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 90.66% of the companies in the same industry.
The Return On Equity of NGD (13.15%) is better than 93.28% of its industry peers.
NGD's Return On Invested Capital of 10.04% is amongst the best of the industry. NGD outperforms 94.77% of its industry peers.
| 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 92.78% of its industry peers.
In the last couple of years the Profit Margin of NGD has declined.
NGD has a Operating Margin of 27.28%. This is amongst the best in the industry. NGD outperforms 93.52% of its industry peers.
In the last couple of years the Operating Margin of NGD has grown nicely.
With an excellent Gross Margin value of 83.76%, NGD belongs to the best of the industry, outperforming 99.38% of the companies in the same industry.
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
NGD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for NGD has been increased compared to 1 year ago.
NGD has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NGD has a worse debt to assets ratio.
2.2 Solvency
NGD has an Altman-Z score of 1.50. This is a bad value and indicates that NGD is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.50, NGD is in line with its industry, outperforming 49.19% of the companies in the same industry.
A Debt/Equity ratio of 0.50 indicates that NGD is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.50, NGD is not doing good in the industry: 73.60% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.5 |
ROIC/WACC1.05
WACC9.54%
2.3 Liquidity
A Current Ratio of 0.89 indicates that NGD may have some problems paying its short term obligations.
NGD has a worse Current ratio (0.89) than 61.27% 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.
With a Quick ratio value of 0.62, NGD is not doing good in the industry: 64.38% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
NGD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 366.67%, which is quite impressive.
The Earnings Per Share has been growing by 16.55% on average over the past years. This is quite good.
NGD shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.24%.
NGD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.95% yearly.
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
Based on estimates for the next years, NGD will show a very strong growth in Earnings Per Share. The EPS will grow by 24.82% on average per year.
NGD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.73% yearly.
EPS Next Y180.85%
EPS Next 2Y126.49%
EPS Next 3Y66.29%
EPS Next 5Y24.82%
Revenue Next Year49.22%
Revenue Next 2Y48.48%
Revenue Next 3Y25.92%
Revenue Next 5Y12.73%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 21.32, which indicates a rather expensive current valuation of NGD.
Based on the Price/Earnings ratio, NGD is valued cheaply inside the industry as 91.03% of the companies are valued more expensively.
NGD is valuated rather cheaply when we compare the Price/Earnings ratio to 26.90, which is the current average of the S&P500 Index.
NGD is valuated cheaply with a Price/Forward Earnings ratio of 6.05.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NGD indicates a rather cheap valuation: NGD is cheaper than 96.39% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.52, NGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.32 | ||
| Fwd PE | 6.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NGD is valued cheaper than 92.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.77 |
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.
A more expensive valuation may be justified as NGD's earnings are expected to grow with 66.29% in the coming years.
PEG (NY)0.12
PEG (5Y)N/A
EPS Next 2Y126.49%
EPS Next 3Y66.29%
5. Dividend
5.1 Amount
NGD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:NGD (8/29/2025, 7:00:00 PM)
8.1
+0.27 (+3.45%)
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 Cap6.41B
Analysts78.46
Price Target7.85 (-3.09%)
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)10.1%
PT rev (3m)29.64%
EPS NQ rev (1m)3.64%
EPS NQ rev (3m)74.31%
EPS NY rev (1m)38.13%
EPS NY rev (3m)38.13%
Revenue NQ rev (1m)-0.2%
Revenue NQ rev (3m)30.15%
Revenue NY rev (1m)2.87%
Revenue NY rev (3m)9.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.32 | ||
| Fwd PE | 6.05 | ||
| P/S | 4.52 | ||
| P/FCF | N/A | ||
| P/OCF | 9.17 | ||
| P/B | 4.23 | ||
| P/tB | 4.23 | ||
| EV/EBITDA | 9.77 |
EPS(TTM)0.38
EY4.69%
EPS(NY)1.34
Fwd EY16.54%
FCF(TTM)-0.13
FCFYN/A
OCF(TTM)0.88
OCFY10.9%
SpS1.79
BVpS1.91
TBVpS1.91
PEG (NY)0.12
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 | 1.5 |
F-Score7
WACC9.54%
ROIC/WACC1.05
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 Year49.22%
Revenue Next 2Y48.48%
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%