BBY.L vs. NGD.TO

Last updated Jun 13, 2026

BBY.L (Balfour Beatty plc) and NGD.TO (New Gold Inc.) are both stocks. BBY.L operates in Engineering & Construction (Industrials), while NGD.TO operates in Gold (Basic Materials). At a 0.07 correlation, their price movements are largely independent.

Performance

BBY.L vs. NGD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Balfour Beatty plc (BBY.L) and New Gold Inc. (NGD.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BBY.L is traded in GBp, while NGD.TO is traded in CAD. To make them comparable, the NGD.TO values have been converted to GBp using the latest available exchange rates.

Returns By Period

BBY.L

• 1D: 2.25%
• 1M: 0.48%
• YTD: 19.40%
• 6M: 19.82%
• 1Y: 71.74%
• 3Y*: 35.84%
• 5Y*: 26.13%
• 10Y*: 16.44%

NGD.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBY.L vs. NGD.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBY.L Balfour Beatty plc	19.40%	60.14%	41.45%	1.07%	33.46%	-1.39%	5.28%	7.22%	-14.87%	11.65%
NGD.TO New Gold Inc.	1.86%	224.21%	75.39%	40.49%	-25.95%	-31.83%	142.07%	9.89%	-75.16%	-14.08%

Correlation

The correlation between BBY.L and NGD.TO is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007	0.07

Fundamentals

Market Cap BBY.L : £4.19B NGD.TO : CA$9.63B
EPS BBY.L : £0.87 NGD.TO : $1.09
PE Ratio BBY.L : 9.64 NGD.TO : 7.99
PEG Ratio BBY.L : 0.25 NGD.TO : 0.01
PS Ratio BBY.L : 0.24 NGD.TO : 4.65
PB Ratio BBY.L : 3.67 NGD.TO : 3.61
Total Revenue (TTM) BBY.L : £17.72B NGD.TO : $1.49B
Gross Profit (TTM) BBY.L : £872.00M NGD.TO : $767.09M
EBITDA (TTM) BBY.L : £509.00M NGD.TO : $810.05M

Return for Risk

BBY.L vs. NGD.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBY.L

BBY.L Risk / Return Rank: 95
BBY.L Sharpe Ratio Rank: 96
BBY.L Sortino Ratio Rank: 96
BBY.L Omega Ratio Rank: 94
BBY.L Calmar Ratio Rank: 94
BBY.L Martin Ratio Rank: 97

NGD.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBY.L vs. NGD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Balfour Beatty plc (BBY.L) and New Gold Inc. (NGD.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BBY.L	NGD.TO	Difference
Sharpe ratio: Return per unit of total volatility	3.01	—	—
Sortino ratio: Return per unit of downside risk	4.06	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	5.67	—	—
Martin ratio: Return relative to average drawdown	23.85	—	—

Drawdowns

Drawdown Indicators

	BBY.L	NGD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-54.74%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.91%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.04%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.32%	—	—
Current Drawdown Current decline from peak	-2.53%	—	—
Average Drawdown Average peak-to-trough decline	-14.42%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	—	—

Volatility

Volatility by Period

	BBY.L	NGD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.41%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.37%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.34%	—	—

Dividends

BBY.L vs. NGD.TO - Dividend Comparison

BBY.L's dividend yield for the trailing twelve months is around 1.67%, while NGD.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BBY.L Balfour Beatty plc	1.67%	1.81%	2.59%	3.17%	2.81%	1.72%	1.59%	2.03%	1.60%	1.01%	0.33%
NGD.TO New Gold Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both BBY.L and NGD.TO in my portfolio?

BBY.L and NGD.TO have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.