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New Gold Inc
TSX:NGD

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New Gold Inc
TSX:NGD
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Price: 16.16 CAD -0.8% Market Closed
Market Cap: CA$12.8B

Relative Value

The Relative Value of one NGD stock under the Base Case scenario is 7.59 CAD. Compared to the current market price of 16.16 CAD, New Gold Inc is Overvalued by 53%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NGD Relative Value
Base Case
7.59 CAD
Overvaluation 53%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

NGD Competitors Multiples
New Gold Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
New Gold Inc
TSX:NGD
12.7B CAD 7.4 36.8 13.5 21
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 233.1 34 959.7 19 286.2 22 132.2
ZA
Gold Fields Ltd
JSE:GFI
738.4B ZAR 5.2 12.9 7.9 9.3
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
211B ZAR 2.9 14.7 7.8 9.6
CN
Zijin Mining Group Co Ltd
SSE:601899
994.5B CNY 3 21.8 17.6 17.6
US
Newmont Corporation
NYSE:NEM
130.2B USD 5.8 18.4 9.5 11.7
AU
Greatland Gold PLC
ASX:GGP
173.3B AUD 95.8 271.9 195.8 219.8
CA
Agnico Eagle Mines Ltd
TSX:AEM
159.1B CAD 9.7 26 14.2 17.9
CA
Barrick Mining Corp
F:ABR0
67.5B EUR 4.7 15.9 7.8 9.6
CA
Barrick Gold Corp
TSX:ABX
106.5B CAD 4.6 15.6 7.6 9.4
HK
Zijin Gold International Co Ltd
HKEX:2259
555.2B HKD 23.7 147.4 50.5 71.5
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett