NGD.TO
New Gold Inc
Price:  
2.69 
CAD
Volume:  
1,303,699.00
Canada | Metals & Mining
Valuation
Overview
Financials
Forecast
Compare
Historical Price
SolvencyDividends
Transactions
People

NGD.TO Fair Value

-240.29 %
Upside

As of 2024-05-26, the Fair Value of New Gold Inc (NGD.TO) is -3.77 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 2.69 CAD, the upside of New Gold Inc is -240.29%.

Note: valuation result may not be accurate due to the company's negative EPS.

2.69 CAD
Stock Price
-3.77 CAD
Fair Price
FAIR VALUE CALCULATION

NGD.TO Fair Value

Peter Lynch's formula is:

NGD.TO Fair Value
= Earnings Growth Rate x TTM EPS
NGD.TO Fair Value
= 25.00 x -0.11
NGD.TO Fair Value
= -3.77

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income -73.50 -79.30 140.60 -66.80 -64.50 -28.70
YoY growth 94.07% -7.89% 277.30% -147.51% 3.44% 43.88%

NGD.TO Fair Value - Key Data

Market Cap (mil) 1,855.56
P/E
Forward P/E
EPS -0.11
Avg earnings growth rate 43.88%
TTM earnings -76.20