New Gold Valuation
| NGD Stock | CAD 13.68 2.65 16.23% |
At this time, the firm appears to be undervalued. New Gold secures a last-minute Real Value of C$15.35 per share. The latest price of the firm is C$13.68. Our model forecasts the value of New Gold from analyzing the firm fundamentals such as Current Valuation of 13.3 B, return on equity of 0.22, and Profit Margin of 0.20 % as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting New Gold's valuation include:
Price Book 7.6728 | Enterprise Value | Enterprise Value Ebitda 16.8154 | Price Sales 8.7191 | Forward PE 8.9686 |
Undervalued
Today
Please note that New Gold's price fluctuation is somewhat reliable at this time. Calculation of the real value of New Gold is based on 3 months time horizon. Increasing New Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since New Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of New Stock. However, New Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 13.68 | Real 15.35 | Hype 13.63 | Naive 13.4 |
The intrinsic value of New Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence New Gold's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of New Gold helps investors to forecast how New stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of New Gold more accurately as focusing exclusively on New Gold's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use New Gold's intrinsic value based on its ongoing forecasts of New Gold's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against New Gold's closest peers.
New Gold Cash |
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New Valuation Drivers Correlation
Many accounts on the financial statements of New Gold are highly interrelated and sometimes correlated. Consequently, when conducting New's valuation analysis, one should examine all of the accounts reported to obtain a complete picture of its financial situation. We provide a unique feature to present a conventional correlation table purposely composed against different valuation-related drivers of New
Click cells to compare fundamentals
New Gold Total Value Analysis
New Gold is now forecasted to have takeover price of 13.3 B with market capitalization of 11.46 B, debt of 399.7 M, and cash on hands of 19.9 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the New Gold fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
13.3 B | 11.46 B | 399.7 M | 19.9 M |
New Gold Investor Information
About 69.0% of the company shares are owned by institutional investors. The company had not issued any dividends in recent years. New Gold had 1:3 split on the 25th of July 2002. Based on the measurements of operating efficiency obtained from New Gold's historical financial statements, New Gold is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in March.New Gold Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. New Gold has an asset utilization ratio of 46.14 percent. This suggests that the Company is making C$0.46 for each dollar of assets. An increasing asset utilization means that New Gold is more efficient with each dollar of assets it utilizes for everyday operations.New Gold Profitability Analysis
Based on the measurements of profitability obtained from New Gold's financial statements, New Gold is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in March. Profitability indicators assess New Gold's ability to earn profits and add value for shareholders.Net Income | First Reported 1997-09-30 | Previous Quarter 68.6 M | Current Value 140.7 M | Quarterly Volatility 99.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.23 | 0.3 |
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For New Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of New Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well New Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between New Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of New Gold over time as well as its relative position and ranking within its peers.
New Gold Earnings per Share Projection vs Actual
By analyzing New Gold's earnings estimates, investors can diagnose different trends across New Gold's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for New Gold is based on EPS before non-recurring items and includes expenses related to employee stock options.New Gold Ownership Allocation
New Gold maintains a total of 791.73 Million outstanding shares. Over half of New Gold's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in New Gold. Please watch out for any change in the institutional holdings of New Gold as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.New Gold Profitability Analysis
The company reported the revenue of 924.5 M. Net Income was 102.6 M with profit before overhead, payroll, taxes, and interest of 784.2 M.About New Gold Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of New Gold. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of New Gold based exclusively on its fundamental and basic technical indicators. By analyzing New Gold's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of New Gold's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of New Gold. We calculate exposure to New Gold's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of New Gold's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 276.8 M | 290.6 M | |
| Pretax Profit Margin | 0.08 | 0.09 | |
| Operating Profit Margin | 0.18 | 0.19 | |
| Net Profit Margin | 0.10 | 0.10 | |
| Gross Profit Margin | 0.30 | 0.23 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in New Stock, please use our How to Invest in New Gold guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.