NGD Valuation

New Gold Inc

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7.340

-0.02(-0.272%)1D

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 7.37 is considered Overvalued compared with the five-year average of 13.09. The fair price of New Gold Inc (NGD) is between 5.57 to 6.55 according to relative valuation methord. Compared to the current price of 7.34 USD , New Gold Inc is Overvalued By 12.03%.

Relative Value

Fair Zone

5.57-6.55

Current Price：7.34

12.03%

Overvalued

6.25

Trailing

Forward

3.80

EV/EBITDA

New Gold Inc. (NGD) has a current EV/EBITDA of 3.80. The 5-year average EV/EBITDA is 3.59. The thresholds are as follows: Strongly Undervalued below 1.24, Undervalued between 1.24 and 2.41, Fairly Valued between 4.76 and 2.41, Overvalued between 4.76 and 5.93, and Strongly Overvalued above 5.93. The current Forward EV/EBITDA of 3.80 falls within the Historic Trend Line -Fairly Valued range.

5.50

EV/EBIT

New Gold Inc. (NGD) has a current EV/EBIT of 5.50. The 5-year average EV/EBIT is -32.72. The thresholds are as follows: Strongly Undervalued below -399.77, Undervalued between -399.77 and -216.25, Fairly Valued between 150.81 and -216.25, Overvalued between 150.81 and 334.34, and Strongly Overvalued above 334.34. The current Forward EV/EBIT of 5.50 falls within the Historic Trend Line -Fairly Valued range.

7.37

New Gold Inc. (NGD) has a current PS of 7.37. The 5-year average PS is 1.46. The thresholds are as follows: Strongly Undervalued below 0.23, Undervalued between 0.23 and 0.84, Fairly Valued between 2.07 and 0.84, Overvalued between 2.07 and 2.69, and Strongly Overvalued above 2.69. The current Forward PS of 7.37 falls within the Strongly Overvalued range.

4.48

P/OCF

New Gold Inc. (NGD) has a current P/OCF of 4.48. The 5-year average P/OCF is 3.30. The thresholds are as follows: Strongly Undervalued below 1.33, Undervalued between 1.33 and 2.32, Fairly Valued between 4.28 and 2.32, Overvalued between 4.28 and 5.26, and Strongly Overvalued above 5.26. The current Forward P/OCF of 4.48 falls within the Overvalued range.

4.83

P/FCF

New Gold Inc. (NGD) has a current P/FCF of 4.83. The 5-year average P/FCF is 6.67. The thresholds are as follows: Strongly Undervalued below -179.65, Undervalued between -179.65 and -86.49, Fairly Valued between 99.83 and -86.49, Overvalued between 99.83 and 192.99, and Strongly Overvalued above 192.99. The current Forward P/FCF of 4.83 falls within the Historic Trend Line -Fairly Valued range.

New Gold Inc (NGD) has a current Price-to-Book (P/B) ratio of 4.70. Compared to its 3-year average P/B ratio of 1.83 , the current P/B ratio is approximately 156.67% higher. Relative to its 5-year average P/B ratio of 1.57, the current P/B ratio is about 199.35% higher. New Gold Inc (NGD) has a Forward Free Cash Flow (FCF) yield of approximately 1.38%. Compared to its 3-year average FCF yield of -1.86%, the current FCF yield is approximately -174.03% lower. Relative to its 5-year average FCF yield of -0.05% , the current FCF yield is about -2800.60% lower.

4.70

P/B

Median3y

1.83

Median5y

1.57

1.38

FCF Yield

Median3y

-1.86

Median5y

-0.05

Competitors Valuation Multiple

The average P/S ratio for NGD's competitors is 21.37, providing a benchmark for relative valuation. New Gold Inc Corp (NGD) exhibits a P/S ratio of 7.37, which is -65.54% above the industry average. Given its robust revenue growth of 83.53%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Triple Flag Precious Metals Corp

Performance Decomposition

Market capitalization of NGD increased by 166.91% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 15.04 to 30.77.

The secondary factor is the Revenue Growth, contributed 83.53%to the performance.

Overall, the performance of NGD in the past 1 year is driven by Margin Expansion. Which is more sustainable.

83.53%

252.00M → 462.50M

Revenue Growth

104.59%

15.04 → 30.77

Margin Expansion

-21.21%

29.68 → 23.38

P/E Change

166.91%