New Found Gold Corp. (NFGC) vs TRX Gold Corporation (TRX)

New Found Gold Corp. and TRX Gold Corporation are both Gold companies. New Found Gold Corp. is the larger, with a market value of $670.2M against $423.5M — 1.6× the size. New Found Gold Corp. has the higher net margin (0.00% vs −16.7%) and the lower return on invested capital (−14.3% vs 35.3%). Across the 14 metrics below, TRX Gold Corporation leads on 9 and New Found Gold Corp. on 5.

Valuation

Metric NFGC TRX Gold median
P/E n/m n/m 23.34
P/S n/m 3.70 5.02
P/B 1.53 3.53 3.53
Price to free cash flow n/m 134.06 16.73
EV/EBITDA n/m 6.52 8.34
EV/Sales n/m 3.50 4.92
Earnings yield (9.14%) (4.65%) 1.44%
Free cash flow yield (10.65%) 0.75% 0.75%

Profitability

Metric NFGC TRX Gold median
Gross margin 0.00% 58.24% 50.00%
Operating margin 0.00% 47.99% 26.32%
Net margin 0.00% (16.67%) 12.30%
Free cash flow margin 0.00% 2.76% 0.00%
Return on equity (19.43%) (20.26%) 6.36%
Return on assets (14.24%) (13.45%) 0.00%
Return on invested capital (14.31%) 35.29% 0.52%

Growth

Metric NFGC TRX Gold median
Revenue growth (TTM) — 142.07% 68.15%
EPS growth (last fiscal year) 21.05% 0.00% —
Revenue growth, 5-year CAGR — — 16.12%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NFGC TRX Gold median
Debt to equity 0.12 0.03 0.10
Current ratio 5.36 2.20 3.08
Net debt to EBITDA 1.06 (0.31) 0.00

Dividend

Metric NFGC TRX Gold median
Dividend yield — — 1.49%
Payout ratio 0.00 0.00 0.00

Size

Metric NFGC TRX Gold median
Market cap 670.23m 423.53m 1.96b

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