Novagold Resources Inc. (NG) intrinsic value & 10-year financials
Novagold Resources Inc. (NG) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue reached to $0, with an average return on invested capital of -60.5%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $6.60
- Revenue (FY2025)
- $0
- ROIC (10-yr avg)
- -60.5%
- Free cash flow (FY2025)
- —
NG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $0 | -$94.7M | — | — | — | -81.3% |
| FY2024 | $0 | -$45.6M | — | — | — | 136.1% |
| FY2023 | — | -$46.8M | — | — | — | -371.9% |
| FY2022 | — | -$53.3M | — | — | — | -89.2% |
| FY2021 | $0 | -$40.5M | — | — | — | -73.3% |
| FY2020 | $0 | -$33.6M | — | — | — | -53.9% |
| FY2019 | $0 | -$27.8M | — | — | — | -38.1% |
| FY2018 | $0 | -$112.8M | — | — | — | -12.3% |
| FY2017 | $0 | -$39.0M | — | — | — | -11.5% |
| FY2016 | $0 | -$33.8M | — | — | — | -10.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
National Grid plc revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
National Grid plc has historically struggled to out-earn its cost of capital, averaging just -23.7% ROIC.
National Grid plc capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
National Grid plc is evaluated under Benjamin Graham's defensive framework using SEC EDGAR fundamentals using an 8.5 + 2g earnings multiple and a 5.1% AAA bond-yield baseline.