NEW GOLD INC (NGD) Stock Fundamental Analysis
NYSEARCA:NGD - CA6445351068 - Common Stock
5.54 USD
+0.1 (+1.84%)
5.5499 USD
+0.01 (+0.18%)
Taking everything into account, NGD scores 5 out of 10 in our fundamental rating. NGD was compared to 156 industry peers in the Metals & Mining industry. NGD has an excellent profitability rating, but there are concerns on its financial health. NGD is not overvalued while it is showing excellent growth. This is an interesting 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.
The reported net income has been mixed in the past 5 years: NGD reported negative net income in multiple years.
In the past 5 years NGD always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of NGD (5.89%) is better than 78.21% of its industry peers.
NGD has a better Return On Equity (13.15%) than 84.62% of its industry peers.
NGD has a better Return On Invested Capital (11.01%) than 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 13.15% | ||
| ROIC | 11.01% |
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 in the better half of the industry: NGD outperforms 79.49% of its industry peers.
NGD's Profit Margin has declined in the last couple of years.
NGD has a better Operating Margin (27.28%) than 80.13% of its industry peers.
NGD's Operating Margin has improved in the last couple of years.
NGD has a better Gross Margin (83.76%) than 99.36% of its industry peers.
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.
NGD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for NGD has been increased compared to 5 years ago.
The debt/assets ratio for NGD is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.38, we must say that NGD is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.38, NGD is not doing good in the industry: 72.44% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.50 indicates that NGD is not too dependend on debt financing.
The Debt to Equity ratio of NGD (0.50) is worse than 77.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.38 |
ROIC/WACC1.15
WACC9.57%
2.3 Liquidity
NGD has a Current 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 Current ratio value of 0.89, NGD is not doing good in the industry: 87.82% of the companies in the same industry are doing better.
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.
NGD's Quick ratio of 0.62 is on the low side compared to the rest of the industry. NGD is outperformed by 83.33% of its industry peers.
| 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.
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.
The Revenue has grown by 27.24% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 7.95% on average over the past years.
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
The Earnings Per Share is expected to grow by 24.82% on average over the next years. This is a very strong growth
Based on estimates for the next years, NGD will show a quite strong growth in Revenue. The Revenue will grow by 12.73% on average per year.
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.
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
NGD is valuated rather expensively with a Price/Earnings ratio of 19.79.
Based on the Price/Earnings ratio, NGD is valued a bit cheaper than 78.85% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.24. NGD is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 5.68 indicates a rather cheap valuation of NGD.
NGD's Price/Forward Earnings ratio is rather cheap when compared to the industry. NGD is cheaper than 96.79% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.82. NGD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.79 | ||
| Fwd PE | 5.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NGD is valued a bit cheaper than 73.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.23 |
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.
The decent profitability rating of NGD may justify a higher PE ratio.
NGD's earnings are expected to grow with 66.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y126.49%
EPS Next 3Y66.29%
5. Dividend
5.1 Amount
No dividends for NGD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.54
+0.1 (+1.84%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners64.48%
Inst Owner Change2.82%
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap4.38B
Analysts78.46
Price Target5.64 (1.81%)
Short Float %2.05%
Short Ratio0.84
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)8.7%
PT rev (3m)28.95%
EPS NQ rev (1m)14%
EPS NQ rev (3m)74.31%
EPS NY rev (1m)38.13%
EPS NY rev (3m)38.13%
Revenue NQ rev (1m)1.91%
Revenue NQ rev (3m)30.15%
Revenue NY rev (1m)9.13%
Revenue NY rev (3m)9.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.79 | ||
| Fwd PE | 5.68 | ||
| P/S | 4.25 | ||
| P/FCF | N/A | ||
| P/OCF | 8.63 | ||
| P/B | 3.98 | ||
| P/tB | 3.98 | ||
| EV/EBITDA | 9.23 |
EPS(TTM)0.28
EY5.05%
EPS(NY)0.97
Fwd EY17.59%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)0.64
OCFY11.59%
SpS1.3
BVpS1.39
TBVpS1.39
PEG (NY)0.11
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 13.15% | ||
| ROCE | 13.94% | ||
| ROIC | 11.01% | ||
| ROICexc | 12.45% | ||
| ROICexgc | 12.45% | ||
| 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 | 1.38 |
F-Score7
WACC9.57%
ROIC/WACC1.15
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%