New Gold (TSX:NGD) FCF Yield % : 1.74 (As of Apr. 27, 2024)

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What is New Gold FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, New Gold's Trailing 12-Month Free Cash Flow is C$30 Mil, and Market Cap is C$1,707 Mil. Therefore, New Gold's FCF Yield % for today is 1.74%.

The historical rank and industry rank for New Gold's FCF Yield % or its related term are showing as below:

TSX:NGD' s FCF Yield % Range Over the Past 10 Years
Min: -21.17 Med: -2.98 Max: 19.11
Current: 1.74

During the past 13 years, the highest FCF Yield % of New Gold was 19.11%. The lowest was -21.17%. And the median was -2.98%.

TSX:NGD's FCF Yield % is ranked better than
88.29% of 2706 companies
in the Metals & Mining industry
Industry Median: -13.38 vs TSX:NGD: 1.74

New Gold's FCF Margin % for the quarter that ended in Dec. 2023 was 5.02%.

New Gold FCF Yield % Historical Data

The historical data trend for New Gold's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New Gold FCF Yield % Chart

New Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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1.73

0.71

7.60

-15.30

2.21

New Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial															-22.10	-1.36	-8.20	18.66	4.07

Competitive Comparison of New Gold's FCF Yield %

For the Gold subindustry, New Gold's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New Gold's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Gold's FCF Yield % distribution charts can be found below:

* The bar in red indicates where New Gold's FCF Yield % falls into.

New Gold FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

New Gold's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	29.113	/	1319.05152
	=	2.21%

New Gold's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	13.416	*	4	/	1319.05152
	=	4.07%

New Gold FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

New Gold FCF Yield % Related Terms

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New Gold (TSX:NGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Gold Inc (TSX:NGD) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

NGD:USA 32N:Germany

Address

181 Bay Street, Suite 3320, Toronto, ON, CAN, M5J 2T3

Website

https://www.newgold.com

New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver to various banks engaged in the trading of precious metals and refineries.