Which is better, NG or RGLD?

On the Buffett-Fit framework, Royal Gold, Inc. (RGLD) currently grades higher than NG — 73/100 (B grade) vs 6/100 (F). That said, "better" depends on which framework you trust — NG wins on none; RGLD wins on Warren Buffett, Benjamin Graham, Philip Fisher, Peter Lynch, Joel Greenblatt, Charlie Munger, and Terry Smith. The full pillar breakdown is on this page.

Should I buy NG or RGLD?

This page is an educational comparison, not investment advice. Both NG and RGLD are graded against the same Buffett 5-pillar framework (moat, earnings durability, management quality, financial health, valuation) plus six other documented investor frameworks. Read the side-by-side breakdown to see which one matches the criteria you care about most — and always do your own research before making any investment decision.

Is NG better than RGLD for value investing?

On the Buffett-style value-investing framework, RGLD currently grades higher — 73/100 vs 6/100, a 67-point gap. The gap is driven by which pillars each stock passes; the table on this page shows moat, durability, management, financial health, and valuation side-by-side.

What's the difference between NG and RGLD on Warren Buffett's framework?

Both stocks are evaluated on the same five pillars: economic moat (durable competitive advantage), earnings durability (consistent profitability), management quality (capital allocation), financial health (conservative balance sheet), and valuation (margin of safety). NG currently scores 6/100 (F grade); RGLD scores 73/100 (B grade). The "Where each wins" section on this page breaks down which pillar each stock dominates.

Which has the stronger moat, NG or RGLD?

Moat strength is one of the five pillars in the Buffett-Fit score on this page. NG and RGLD are each scored on ROIC sustainability, gross-margin durability, and qualitative signals like brand strength, switching costs, network effects, and regulatory barriers. The pillar breakdown on this page shows the moat sub-score side-by-side so you can see which one has the more durable competitive advantage.

Which is more undervalued, NG or RGLD?

Valuation is one of the five Buffett-Fit pillars on this page. Both stocks are scored on owner-earnings yield, price-to-intrinsic-value vs the underlying compounding rate, and the margin of safety relative to a conservative DCF. The valuation sub-score in the table below tells you which one currently trades at a more attractive price relative to its underlying business quality.

Are NG and RGLD both Basic Materials stocks?

Yes — both NovaGold Resources Inc. (NG) and Royal Gold, Inc. (RGLD) operate in the Basic Materials sector. That makes this a direct sector-peer comparison, which is the apples-to-apples way to use the Buffett-Fit framework: the score weighs each stock against its sector's specific quality and valuation benchmarks (sector-relative bonus), so the cross-stock comparison isn't distorted by inter-sector base-rate differences.

Is this NG vs RGLD comparison investment advice?

No. This page is an educational pattern-match against documented public frameworks (Buffett, Graham, Fisher, Lynch, Greenblatt, Munger, Smith), not personalised investment advice. The scores reflect how closely each stock matches each framework's documented criteria — they are not buy/hold/sell recommendations. Always do your own research and consult a licensed financial adviser for personalised advice.

Stock comparison

NovaGold Resources

Royal Gold

Scored across Buffett, Graham, Lynch and Greenblatt - plus a side-by-side metric table covering valuation, quality, growth and balance sheet.

NovaGold Resources

Market cap

$3.39B

Sector

Materials

RGLD

Royal Gold

Market cap

$15.17B

Sector

Materials

Overall winner

Royal Gold RGLD

Wins on the combined sum of fit scores across all four strategies. Per-strategy breakdown below.

Fit scores by strategy

Strategy	NG	RGLD	Winner
Warren Buffett	6F	73B	RGLD
Benjamin Graham	45D	80A	RGLD
Philip Fisher	29F	69C	RGLD
Peter Lynch	16F	66B	RGLD
Joel Greenblatt	0F	46D	RGLD
Charlie Munger	23F	57D	RGLD
Terry Smith	22F	62D	RGLD

Side-by-side metrics

Metric	NG	RGLD
Market cap	$3.39B	$15.17B
P/E (TTM)	-	32.8x
EV/EBIT	-	26.2x
ROIC (TTM)	-9.35%	7.56%
Gross margin	0.0%	68.47%
Net margin	0.0%	48.53%
Revenue CAGR 5y	-	12.42%
EPS CAGR 5y	-	12.65%
Debt / Equity	0.4x	0.1x
Dividend yield	0.0%	0.75%

Where each one wins

The metrics with the biggest gap between the two - sorted so the most decisive edges read first.

NG leads on

P/E (TTM)-vs 32.8x+200%
EV/EBIT-vs 26.2x+135%

RGLD leads on

ROIC (TTM)7.56%vs -9.35%+181%
Gross margin68.47%vs 0.0%+100%
Net margin48.53%vs 0.0%+100%
Dividend yield0.75%vs 0.0%+100%

More like NG

NG vs GFI NG vs SCCO NG vs FRES.L NG vs BHP NG vs ASIANPAINT.NS NG vs FNV

More like RGLD

RGLD vs GFI RGLD vs SCCO RGLD vs FRES.L RGLD vs BHP RGLD vs ASIANPAINT.NS RGLD vs FNV

Read the full Buffett-Brain analysis for NG Read the full Buffett-Brain analysis for RGLD

Related on invest-like

Strongest Moat Highest ROIC Warren Buffett strategy Economic Moat

Key terms in this analysis

ROIC Free Cash Flow (FCF)Economic Moat P/E Ratio Margin of Safety Quality Score

Educational tool. Fit scores are deterministic projections from public financials onto each investor's published criteria - not personal recommendations or advice.

Stock comparison

NovaGold Resources

Royal Gold

Scored across Buffett, Graham, Lynch and Greenblatt - plus a side-by-side metric table covering valuation, quality, growth and balance sheet.

NovaGold Resources

Market cap

$3.39B

Sector

Materials

RGLD

Royal Gold

Market cap

$15.17B

Sector

Materials

Overall winner

Royal Gold RGLD

Wins on the combined sum of fit scores across all four strategies. Per-strategy breakdown below.

Fit scores by strategy

Strategy	NG	RGLD	Winner
Warren Buffett	6F	73B	RGLD
Benjamin Graham	45D	80A	RGLD
Philip Fisher	29F	69C	RGLD
Peter Lynch	16F	66B	RGLD
Joel Greenblatt	0F	46D	RGLD
Charlie Munger	23F	57D	RGLD
Terry Smith	22F	62D	RGLD

Side-by-side metrics

Metric	NG	RGLD
Market cap	$3.39B	$15.17B
P/E (TTM)	-	32.8x
EV/EBIT	-	26.2x
ROIC (TTM)	-9.35%	7.56%
Gross margin	0.0%	68.47%
Net margin	0.0%	48.53%
Revenue CAGR 5y	-	12.42%
EPS CAGR 5y	-	12.65%
Debt / Equity	0.4x	0.1x
Dividend yield	0.0%	0.75%

Where each one wins

The metrics with the biggest gap between the two - sorted so the most decisive edges read first.

NG leads on

P/E (TTM)-vs 32.8x+200%
EV/EBIT-vs 26.2x+135%

RGLD leads on

ROIC (TTM)7.56%vs -9.35%+181%
Gross margin68.47%vs 0.0%+100%
Net margin48.53%vs 0.0%+100%
Dividend yield0.75%vs 0.0%+100%

More like NG

NG vs GFI NG vs SCCO NG vs FRES.L NG vs BHP NG vs ASIANPAINT.NS NG vs FNV

More like RGLD

RGLD vs GFI RGLD vs SCCO RGLD vs FRES.L RGLD vs BHP RGLD vs ASIANPAINT.NS RGLD vs FNV

Read the full Buffett-Brain analysis for NG Read the full Buffett-Brain analysis for RGLD

Related on invest-like

Strongest Moat Highest ROIC Warren Buffett strategy Economic Moat

Key terms in this analysis

ROIC Free Cash Flow (FCF)Economic Moat P/E Ratio Margin of Safety Quality Score

Educational tool. Fit scores are deterministic projections from public financials onto each investor's published criteria - not personal recommendations or advice.