Newport Gold, Inc.
NWPGdata completeness 50%9 fiscal years on fileData notes: no data for concept 'revenue'; no data for concept 'capex'; no data for concept 'cash'; no data for concept 'totalDebt'; no data for concept 'incomeTaxExpense'; no data for concept 'pretaxIncome'
i. The business — what you’d actually own
| Figure | FY 2008 | FY 2009 | FY 2010 | FY 2011 | FY 2012 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Net income | −$2.64M1 | $5,8041 | −$182,2381 | −$240,9231 | −$223,2591 |
| Operating cash flow | — | — | $11,3682 | −$128,6843 | −$113,2373 |
| Capital expenditure | — | — | — | — | — |
| Free cash flow (derived) | — | — | — | — | — |
| Total debt | — | — | — | — | — |
| Cash & equivalents | — | — | — | — | — |
| Diluted shares | — | — | 34.8M | 36.8M | 57.3M |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
−$0.02
your share of equity
Profit it earned you last year
−$0.04
Free cash flow it threw off
—
Debt you’d be carrying
—
10 shares is a claim on −$0.02 of net worth that earned you −$0.04 last year.
iii. Is this a good business?
Moat signal · return on equity
— avg · 5y
Not enough data in the filings for a return-on-capital reading.
seeing a moat in the numbers →Management signal · capital allocation
+65% shares · 5y
Share count is up 65% over 5 years — owners have been diluted. Worth asking what they got for it.
reading capital allocation →Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.
iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined
Different models answer different questions — which to trust when →
Sources — the receipts
- 10-K · period ending 2008-12-31 · accession 0001477932-13-001505 (NetIncomeLoss)
- 10-K · period ending 2010-12-31 · accession 0001477932-12-001295 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2011-12-31 · accession 0001477932-13-001505 (NetCashProvidedByUsedInOperatingActivities)