As of 2024-07-27, the Fair Value of New Gold Inc (NGD.TO) is -3.31 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 2.85 CAD, the upside of New Gold Inc is -216.09%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
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% |
| Market Cap (mil) | 2,252.85 |
| P/E | |
| Forward P/E |
| EPS | -0.10 |
| Avg earnings growth rate | 43.88% |
| TTM earnings | -76.20 |