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NGD Valuation

New Gold Inc
$
4.130
-0.28(-6.349%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings

NGD Relative Valuation

NGD's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NGD is overvalued; if below, it's undervalued.

Historical Valuation

New Gold Inc (NGD) is now in the Overvalued zone, suggesting that its current forward PS ratio of 2.30 is considered Overvalued compared with the five-year average of 13.54. The fair price of New Gold Inc (NGD) is between 2.54 to 3.89 according to relative valuation methord. Compared to the current price of 4.13 USD , New Gold Inc is Overvalued By 6.29%.
Relative Value
Fair Zone
2.54-3.89
Current Price:4.13
6.29%
Overvalued
5.84
PE
1Y
3Y
5Y
Trailing
Forward
3.16
EV/EBITDA
New Gold Inc. (NGD) has a current EV/EBITDA of 3.16. The 5-year average EV/EBITDA is 3.61. The thresholds are as follows: Strongly Undervalued below 1.28, Undervalued between 1.28 and 2.44, Fairly Valued between 4.77 and 2.44, Overvalued between 4.77 and 5.94, and Strongly Overvalued above 5.94. The current Forward EV/EBITDA of 3.16 falls within the Historic Trend Line -Fairly Valued range.
5.69
EV/EBIT
New Gold Inc. (NGD) has a current EV/EBIT of 5.69. The 5-year average EV/EBIT is -32.22. The thresholds are as follows: Strongly Undervalued below -397.17, Undervalued between -397.17 and -214.70, Fairly Valued between 150.26 and -214.70, Overvalued between 150.26 and 332.74, and Strongly Overvalued above 332.74. The current Forward EV/EBIT of 5.69 falls within the Historic Trend Line -Fairly Valued range.
2.30
PS
New Gold Inc. (NGD) has a current PS of 2.30. The 5-year average PS is 1.40. The thresholds are as follows: Strongly Undervalued below 0.46, Undervalued between 0.46 and 0.93, Fairly Valued between 1.87 and 0.93, Overvalued between 1.87 and 2.33, and Strongly Overvalued above 2.33. The current Forward PS of 2.30 falls within the Overvalued range.
4.17
P/OCF
New Gold Inc. (NGD) has a current P/OCF of 4.17. The 5-year average P/OCF is 3.28. The thresholds are as follows: Strongly Undervalued below 1.36, Undervalued between 1.36 and 2.32, Fairly Valued between 4.24 and 2.32, Overvalued between 4.24 and 5.20, and Strongly Overvalued above 5.20. The current Forward P/OCF of 4.17 falls within the Historic Trend Line -Fairly Valued range.
5.96
P/FCF
New Gold Inc. (NGD) has a current P/FCF of 5.96. The 5-year average P/FCF is 7.47. The thresholds are as follows: Strongly Undervalued below -177.85, Undervalued between -177.85 and -85.19, Fairly Valued between 100.13 and -85.19, Overvalued between 100.13 and 192.79, and Strongly Overvalued above 192.79. The current Forward P/FCF of 5.96 falls within the Historic Trend Line -Fairly Valued range.
New Gold Inc (NGD) has a current Price-to-Book (P/B) ratio of 3.18. Compared to its 3-year average P/B ratio of 1.50 , the current P/B ratio is approximately 111.31% higher. Relative to its 5-year average P/B ratio of 1.42, the current P/B ratio is about 123.59% higher. New Gold Inc (NGD) has a Forward Free Cash Flow (FCF) yield of approximately 4.59%. Compared to its 3-year average FCF yield of -1.72%, the current FCF yield is approximately -366.77% lower. Relative to its 5-year average FCF yield of -0.08% , the current FCF yield is about -6125.99% lower.
3.18
P/B
Median3y
1.50
Median5y
1.42
4.59
FCF Yield
Median3y
-1.72
Median5y
-0.08

Competitors Valuation Multiple

The average P/S ratio for NGD's competitors is 2.94, providing a benchmark for relative valuation. New Gold Inc Corp (NGD) exhibits a P/S ratio of 2.30, which is -21.58% above the industry average. Given its robust revenue growth of 41.34%, this premium appears sustainable.

Performance Decomposition

1Y
3Y
5Y
Market capitalization of NGD increased by 78.79% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 17.09 to 24.97.
The secondary factor is the Revenue Growth, contributed 41.34%to the performance.
Overall, the performance of NGD in the past 1 year is driven by P/E Change. Which is more unsustainable.
41.34%
218.20M → 308.40M
Revenue Growth
+
-8.63%
24.34 → 22.24
Margin Expansion
+
46.08%
17.09 → 24.97
P/E Change
=
78.79%
2.31 → 4.13
Mkt Cap Growth

FAQ

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Is New Gold Inc (NGD) currently overvalued or undervalued?

New Gold Inc (NGD) is now in the Overvalued zone, suggesting that its current forward PS ratio of 2.30 is considered Overvalued compared with the five-year average of 13.54. The fair price of New Gold Inc (NGD) is between 2.54 to 3.89 according to relative valuation methord. Compared to the current price of 4.13 USD , New Gold Inc is Overvalued By 6.29% .
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What is New Gold Inc (NGD) fair value?

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How does NGD's valuation metrics compare to the industry average?

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What is the current P/B ratio for New Gold Inc (NGD) as of Jul 29 2025?

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What is the current FCF Yield for New Gold Inc (NGD) as of Jul 29 2025?

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What is the current Forward P/E ratio for New Gold Inc (NGD) as of Jul 29 2025?

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What is the current Forward P/S ratio for New Gold Inc (NGD) as of Jul 29 2025?