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NEWPNew Pacific Metals Corp.
$3.87$712M
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New Pacific Metals Corp. (NEWP) Financial Ratios

Latest Ratios: P/E Ratio -172.8x · EV/EBITDA N/A · ROE -2.8%. (2001–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

NEWP Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Market Cap$712M$230M$252M$342M$447M$743M$615M$246M$145M$54M$19M
Enterprise Value$695M$213M$230M$336M$417M$697M$585M$224M$134M$51M$15M
P/E Ratio →-172.77—————102.00——50.96—
P/S Ratio———————160319.35———
P/B Ratio4.951.711.842.953.725.914.742.641.862.220.84
P/FCF———————————
P/OCF———————————

P/E links to full P/E history page with 30-year chart

NEWP EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
EV / Revenue———————146428.60———
EV / EBITDA———————————
EV / EBIT——————90.12——160.78—
EV / FCF———————————

NEWP Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Gross Margin———————-496.5%100.8%——
Operating Margin———————-194603.9%250.1%——
Net Profit Margin———————-53624.1%306.5%——

Return on Capital

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
ROE-2.8%-2.8%-4.7%-6.9%-5.4%-5.6%5.3%-1.0%-9.2%4.4%-0.4%
ROA-2.8%-2.8%-4.7%-6.7%-5.3%-5.6%5.2%-0.9%-9.1%4.4%-0.4%
ROIC-4.0%-4.0%-4.8%-7.1%-6.4%-5.4%-4.7%-3.2%-6.5%-6.0%-3.7%
ROCE-4.5%-4.5%-5.7%-8.0%-5.9%-5.0%-4.8%-3.5%-7.5%-6.8%-3.3%

NEWP Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Debt / Equity———————————
Debt / EBITDA———————————
Net Debt / Equity—-0.13-0.16-0.05-0.24-0.37-0.23-0.23-0.14-0.12-0.18
Net Debt / EBITDA———————————
Debt / FCF———————————
Interest Coverage————-48.94————162.38-41.28

Net cash position: cash ($17M) exceeds total debt ($0)

NEWP Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Current Ratio18.4318.4318.613.238.5843.3536.1018.6217.8149.7828.60
Quick Ratio18.4318.4318.613.478.5843.3536.1018.6217.8149.7828.60
Cash Ratio18.1618.1618.292.787.6342.5629.9618.4117.6737.4028.43
Asset Turnover———————0.00-0.02——
Inventory Turnover———————————
Days Sales Outstanding———————47248.29-43.11——

NEWP Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Earnings Yield——————1.0%——2.0%—
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Shares Outstanding—$172M$168M$157M$156M$153M$151M$134M$122M$67M$67M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetAdequate
Cash FlowBurning
Top Statement Risk

Bolivian Regulatory and Political Exposure

Speculative Valuation Amidst Development Uncertainty

As reported in financial statements, NEWP trades at a price-to-book ratio of 5.06, a valuation metric that appears to reflect investor optimism regarding resource expansion rather than current earnings, which remain negative with a TTM P/E of -176.79, highlighting the speculative nature of the company's current market pricing.

The elevated P/B ratio suggests that the market is pricing in the potential future value of the Silver Sand and Carangas deposits rather than the company's historical cost-based asset base. Investors should monitor whether this premium holds as the company transitions from exploration to the more capital-intensive development phase, where execution risks in Bolivia may lead to valuation compression.

Negative Returns Reflect Capital Consumption

Based on the company's reported figures, ROIC has remained consistently negative, hovering around -1.0% over the last ten quarters, which indicates that the firm is currently in a capital consumption phase where invested capital is being deployed into exploration rather than generating immediate economic returns.

The persistent negative ROIC is typical for a pre-revenue developer, yet it underscores the necessity for management to eventually demonstrate a path toward positive returns on invested capital once production commences. The lack of positive returns suggests that the company's current value creation is entirely dependent on resource discovery and de-risking milestones rather than operational efficiency.

High Liquidity Buffers Operational Volatility

According to recent quarterly filings, NEWP maintains a strong liquidity position with a current ratio of 38.05 as of 2025Q3, which provides a significant buffer against short-term operational stress and ensures the company can continue its exploration programs without immediate reliance on external debt financing.

The exceptionally high current ratio is a function of the company's cash-heavy balance sheet and lack of significant current liabilities, which is appropriate for a firm in the development stage. While this liquidity provides a safety net, investors should note that it is primarily sustained through periodic equity dilution rather than internal cash generation.

Misapplication of P/E Multiples

As indicated by the company's financial statements, the use of P/E ratios to evaluate NEWP is fundamentally flawed, as the firm is a pre-revenue explorer where earnings are non-existent and non-cash expenses like share-based compensation distort the true economic reality of the business model.

Analysts should instead focus on the Net Asset Value (NAV) per share or the enterprise value per ounce of silver equivalent, as these metrics better capture the underlying value of the mineral resources. Relying on P/E multiples obscures the company's true progress in de-risking its assets and may lead to incorrect conclusions regarding its valuation relative to producing peers.

Download Financial Ratios Data

Includes 30+ ratios · 24 years · Updated daily

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NEWP — Frequently Asked Questions

Quick answers to the most common questions about buying NEWP stock.

What is New Pacific Metals Corp.'s P/E ratio?

New Pacific Metals Corp.'s current P/E ratio is -172.8x. The historical average is 75.2x.

What is New Pacific Metals Corp.'s ROE?

New Pacific Metals Corp.'s return on equity (ROE) is -2.8%. The historical average is -9.8%.

Is NEWP stock overvalued?

Based on historical data, New Pacific Metals Corp. is trading at a P/E of -172.8x. Compare with industry peers and growth rates for a complete picture.