NEW GOLD INC (NGD) Stock Fundamental Analysis
USA - NYSEARCA:NGD - CA6445351068 - Common Stock
6.52 USD
-0.01 (-0.15%)
6.55 USD
+0.03 (+0.46%)
Overall NGD gets a fundamental rating of 5 out of 10. We evaluated NGD against 156 industry peers in the Metals & Mining industry. NGD scores excellent on profitability, but there are concerns on its financial health. NGD is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
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.
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 79.49% of its industry peers.
NGD has a Return On Equity of 13.15%. This is amongst the best in the industry. NGD outperforms 84.62% of its industry peers.
NGD's Return On Invested Capital of 11.01% is amongst the best of the industry. NGD outperforms 85.26% 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's Profit Margin of 14.04% is amongst the best of the industry. NGD outperforms 80.13% of its industry peers.
In the last couple of years the Profit Margin of NGD has declined.
NGD's Operating Margin of 27.28% is amongst the best of the industry. NGD outperforms 80.13% of its industry peers.
NGD's Operating Margin has improved in the last couple of years.
The Gross Margin of NGD (83.76%) is better 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NGD is creating some value.
Compared to 1 year ago, NGD has more shares outstanding
Compared to 5 years ago, NGD has more shares outstanding
NGD has a worse debt/assets ratio than last year.
2.2 Solvency
NGD has an Altman-Z score of 1.72. This is a bad value and indicates that NGD is not financially healthy and even has some risk of bankruptcy.
NGD has a Altman-Z score of 1.72. This is in the lower half of the industry: NGD underperforms 71.15% of its industry peers.
A Debt/Equity ratio of 0.50 indicates that NGD is not too dependend on debt financing.
NGD has a Debt to Equity ratio of 0.50. This is in the lower half of the industry: NGD underperforms 77.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.72 |
ROIC/WACC1.16
WACC9.51%
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.
NGD has a worse Current ratio (0.89) than 87.18% of its industry peers.
A Quick Ratio of 0.62 indicates that NGD may have some problems paying 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 82.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 366.67% over the past year.
NGD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.55% yearly.
NGD shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.24%.
Measured over the past years, NGD shows a small growth in Revenue. The Revenue has been growing by 7.95% on average per year.
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.
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 Year49.43%
Revenue Next 2Y48.59%
Revenue Next 3Y25.92%
Revenue Next 5Y12.73%
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.
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
Based on the Price/Earnings ratio of 23.29, the valuation of NGD can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of NGD indicates a somewhat cheap valuation: NGD is cheaper than 76.92% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of NGD to the average of the S&P500 Index (27.30), we can say NGD is valued inline with the index average.
With a Price/Forward Earnings ratio of 6.69, the valuation of NGD can be described as very cheap.
96.15% of the companies in the same industry are more expensive than NGD, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.73. NGD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.29 | ||
| Fwd PE | 6.69 |
4.2 Price Multiples
NGD's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NGD is cheaper than 73.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.72 |
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.
NGD has a very decent profitability rating, which 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)0.13
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 |
6.52
-0.01 (-0.15%)
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 Cap5.16B
Analysts78.46
Price Target5.85 (-10.28%)
Short Float %1.92%
Short Ratio0.92
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)-0.56%
PT rev (3m)74.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)74.31%
EPS NY rev (1m)38.13%
EPS NY rev (3m)38.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)30.15%
Revenue NY rev (1m)3.01%
Revenue NY rev (3m)9.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.29 | ||
| Fwd PE | 6.69 | ||
| P/S | 5 | ||
| P/FCF | N/A | ||
| P/OCF | 10.15 | ||
| P/B | 4.68 | ||
| P/tB | 4.68 | ||
| EV/EBITDA | 10.72 |
EPS(TTM)0.28
EY4.29%
EPS(NY)0.97
Fwd EY14.95%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)0.64
OCFY9.85%
SpS1.3
BVpS1.39
TBVpS1.39
PEG (NY)0.13
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 | 1.72 |
F-Score7
WACC9.51%
ROIC/WACC1.16
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 Year49.43%
Revenue Next 2Y48.59%
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%