New Gold Stock Profit Margin
| NGD Stock | CAD 2.85 0.16 5.32% |
New Gold fundamentals help investors to digest information that contributes to New Gold's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New Gold stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | (0.08) | (0.09) |
New | Profit Margin |
New Gold Company Profit Margin Analysis
New Gold's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current New Gold Profit Margin | (0.1) % |
Most of New Gold's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
New Profit Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for New Gold is extremely important. It helps to project a fair market value of New Stock properly, considering its historical fundamentals such as Profit Margin. Since New Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of New Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of New Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
New Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, New Gold has a Profit Margin of -0.0981%. This is 98.35% lower than that of the Metals & Mining sector and 98.36% lower than that of the Materials industry. The profit margin for all Canada stocks is 92.28% lower than that of the firm.
New Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Gold's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New Gold could also be used in its relative valuation, which is a method of valuing New Gold by comparing valuation metrics of similar companies.New Gold is currently under evaluation in profit margin category among related companies.
New Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of New Gold from analyzing New Gold's financial statements. These drivers represent accounts that assess New Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of New Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 540.8M | 1.5B | 1.0B | 990.1M | 891.1M | 897.4M | |
| Enterprise Value | 1.2B | 1.8B | 1.0B | 1.2B | 1.1B | 1.0B |
New Fundamentals
| Return On Equity | -0.0944 | ||||
| Return On Asset | 0.0143 | ||||
| Profit Margin | (0.1) % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 2.31 B | ||||
| Shares Outstanding | 790.49 M | ||||
| Shares Owned By Insiders | 5.06 % | ||||
| Shares Owned By Institutions | 47.14 % | ||||
| Number Of Shares Shorted | 12.43 M | ||||
| Price To Earning | 24.85 X | ||||
| Price To Book | 1.58 X | ||||
| Price To Sales | 2.17 X | ||||
| Revenue | 786.5 M | ||||
| Gross Profit | 221.7 M | ||||
| EBITDA | 295.8 M | ||||
| Net Income | (64.5 M) | ||||
| Cash And Equivalents | 33.1 M | ||||
| Cash Per Share | 1.04 X | ||||
| Total Debt | 396.2 M | ||||
| Debt To Equity | 1.33 % | ||||
| Current Ratio | 5.06 X | ||||
| Book Value Per Share | 1.07 X | ||||
| Cash Flow From Operations | 248.8 M | ||||
| Short Ratio | 7.31 X | ||||
| Earnings Per Share | (0.14) X | ||||
| Price To Earnings To Growth | (2.09) X | ||||
| Target Price | 3.11 | ||||
| Beta | 1.6 | ||||
| Market Capitalization | 2.38 B | ||||
| Total Asset | 2.29 B | ||||
| Retained Earnings | (2.35 B) | ||||
| Working Capital | 122.8 M | ||||
| Current Asset | 614.6 M | ||||
| Current Liabilities | 147.3 M | ||||
| Net Asset | 2.29 B |
About New Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in New Stock, please use our How to Invest in New Gold guide.Note that the New Gold information on this page should be used as a complementary analysis to other New Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for New Stock analysis
When running New Gold's price analysis, check to measure New Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Gold is operating at the current time. Most of New Gold's value examination focuses on studying past and present price action to predict the probability of New Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Gold's price. Additionally, you may evaluate how the addition of New Gold to your portfolios can decrease your overall portfolio volatility.
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