NMG
Nouveau Monde Graphite Inc.
Industrial Materials
Market Cap$346M
5Y Perf.+47.3%
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Stock Comparison
NMG vs LAC
Revenue, margins, valuation, and 5-year total return — side by side.
LAC
Lithium Americas Corp.
Industrial Materials
Market Cap$1.45B
5Y Perf.+134.9%
NMG vs LAC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | NMG | LAC |
|---|---|---|
| Industry | Industrial Materials | Industrial Materials |
| Market Cap | $346M | $1.45B |
| Revenue (TTM) | $0.00 | $0.00 |
| Net Income (TTM) | $-132M | $-241M |
| Total Debt | $19M | $23M |
| Cash & Equiv. | $106M | $594M |
NMG vs LAC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
NMG
LAC
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Nouveau Monde Graph… (NMG) | 100 | 147.3 | +47.3% |
| Lithium Americas Co… (LAC) | 100 | 234.9 | +134.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NMG vs LAC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: LAC leads in 4 of 6 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Nouveau Monde Graphite Inc. is the stronger pick specifically for growth and revenue expansion. As sector peers, any of these can serve as alternatives in the same allocation.
NMG
Nouveau Monde Graphite Inc.
The Growth Play
NMG is the clearest fit if your priority is growth exposure.
- EPS growth -4.5%
- -111.5% revenue growth vs LAC's -6.0%
Best for: growth exposure
LAC
Lithium Americas Corp.
The Income Pick
LAC carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- beta 1.42
- 256.5% 10Y total return vs NMG's -29.6%
- Lower volatility, beta 1.42, Low D/E 2.4%, current ratio 10.33x
Best for: income & stability and long-term compounding
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | NMG | -111.5% revenue growth vs LAC's -6.0% |
| Quality / Margins | LAC | 1.4% margin vs NMG's -0.0% |
| Stability / Safety | LAC | Beta 1.42 vs NMG's 1.89, lower leverage |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | LAC | +98.3% vs NMG's +16.8% |
| Efficiency (ROA) | LAC | -16.6% ROA vs NMG's -81.9%, ROIC -7.1% vs -0.1% |
NMG vs LAC — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLLACLAGGINGNMG
NMGNouveau Monde Graphit…
1leads
LACLithium Americas Corp.
3leads
6 Total Categories
CATEGORYLEADERvs NMGMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
NMG1/1
Valuation MetricsMultiples, price ratios, and targets
Tied
—
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
LAC4/7
Total Returns1Y, 3Y, 5Y total returns with dividends
LAC4/6
Risk & VolatilityBeta, volatility, and downside exposure
LAC2/2
Analyst OutlookRatings, price targets, and dividends
—
—
Income & Cash Flow (Last 12 Months)
NMG leads this category, winning 1 of 1 comparable metric.
Income & Cash Flow (Last 12 Months)
NMG and LAC operate at a comparable scale, with $0 and $0 in trailing revenue.
| Metric | NMGNouveau Monde Gra… | LACLithium Americas … |
|---|---|---|
| RevenueTrailing 12 months | $0 | $0 |
| EBITDAEarnings before interest/tax | $3M | -$32M |
| Net IncomeAfter-tax profit | -$132M | -$241M |
| Free Cash FlowCash after capex | -$64M | -$648M |
| Gross MarginGross profit ÷ Revenue | — | — |
| Operating MarginEBIT ÷ Revenue | — | — |
| Net MarginNet income ÷ Revenue | — | — |
| FCF MarginFCF ÷ Revenue | — | — |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | -6.0% | -21.4% |
NMG leads this category, winning 1 of 1 comparable metric.
Valuation Metrics
Evenly matched — NMG and LAC each lead in 1 of 2 comparable metrics.
Valuation Metrics
| Metric | NMGNouveau Monde Gra… | LACLithium Americas … |
|---|---|---|
| Market CapShares × price | $346M | $1.5B |
| Enterprise ValueMkt cap + debt − cash | $281M | $881M |
| Trailing P/EPrice ÷ TTM EPS | -4868.73x | -28.52x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | — | — |
| Price / BookPrice ÷ Book value/share | 2.15x | 1.27x |
| Price / FCFMarket cap ÷ FCF | — | — |
Evenly matched — NMG and LAC each lead in 1 of 2 comparable metrics.
Profitability & Efficiency
LAC leads this category, winning 4 of 7 comparable metrics.
Profitability & Efficiency
LAC delivers a -26.9% return on equity — every $100 of shareholder capital generates $-27 in annual profit, vs $-3 for NMG. LAC carries lower financial leverage with a 0.02x debt-to-equity ratio, signaling a more conservative balance sheet compared to NMG's 0.12x.
| Metric | NMGNouveau Monde Gra… | LACLithium Americas … |
|---|---|---|
| ROE (TTM)Return on equity | -2.7% | -26.9% |
| ROA (TTM)Return on assets | -81.9% | -16.6% |
| ROICReturn on invested capital | -0.1% | -7.1% |
| ROCEReturn on capital employed | -0.1% | -3.9% |
| Piotroski ScoreFundamental quality 0–9 | 2 | 2 |
| Debt / EquityFinancial leverage | 0.12x | 0.02x |
| Net DebtTotal debt minus cash | -$87M | -$571M |
| Cash & Equiv.Liquid assets | $106M | $594M |
| Total DebtShort + long-term debt | $19M | $23M |
| Interest CoverageEBIT ÷ Interest expense | -98.52x | — |
LAC leads this category, winning 4 of 7 comparable metrics.
Total Returns (Dividends Reinvested)
LAC leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in LAC five years ago would be worth $7,851 today (with dividends reinvested), compared to $1,659 for NMG. Over the past 12 months, LAC leads with a +98.3% total return vs NMG's +16.8%. The 3-year compound annual growth rate (CAGR) favors NMG at -15.7% vs LAC's -22.3% — a key indicator of consistent wealth creation.
| Metric | NMGNouveau Monde Gra… | LACLithium Americas … |
|---|---|---|
| YTD ReturnYear-to-date | -17.3% | +25.6% |
| 1-Year ReturnPast 12 months | +16.8% | +98.3% |
| 3-Year ReturnCumulative with dividends | -40.1% | -53.0% |
| 5-Year ReturnCumulative with dividends | -83.4% | -21.5% |
| 10-Year ReturnCumulative with dividends | -29.6% | +256.5% |
| CAGR (3Y)Annualised 3-year return | -15.7% | -22.3% |
LAC leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
LAC leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
LAC is the less volatile stock with a 1.42 beta — it tends to amplify market swings less than NMG's 1.89 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. LAC currently trades 56.9% from its 52-week high vs NMG's 35.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | NMGNouveau Monde Gra… | LACLithium Americas … |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.89x | 1.42x |
| 52-Week HighHighest price in past year | $6.06 | $10.52 |
| 52-Week LowLowest price in past year | $1.60 | $2.47 |
| % of 52W HighCurrent price vs 52-week peak | +35.5% | +56.9% |
| RSI (14)Momentum oscillator 0–100 | 44.9 | 63.3 |
| Avg Volume (50D)Average daily shares traded | 1.1M | 9.0M |
LAC leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates NMG as "Buy" and LAC as "Hold". Consensus price targets imply 167.4% upside for NMG (target: $6) vs 16.9% for LAC (target: $7).
| Metric | NMGNouveau Monde Gra… | LACLithium Americas … |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $5.75 | $7.00 |
| # AnalystsCovering analysts | 2 | 15 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
Insufficient data to determine a leader in this category.
Key Takeaway
LAC leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). NMG leads in 1 (Income & Cash Flow). 1 tied.
Best OverallLithium Americas Corp. (LAC)Leads 3 of 6 categories
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NMG vs LAC: Frequently Asked Questions
7 questions · data-driven answers · updated daily
01Is NMG or LAC a better buy right now?
Analysts rate Nouveau Monde Graphite Inc.
(NMG) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — NMG or LAC?
Over the past 5 years, Lithium Americas Corp.
(LAC) delivered a total return of -21. 5%, compared to -83. 4% for Nouveau Monde Graphite Inc. (NMG). Over 10 years, the gap is even starker: LAC returned +256. 5% versus NMG's -29. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — NMG or LAC?
By beta (market sensitivity over 5 years), Lithium Americas Corp.
(LAC) is the lower-risk stock at 1. 42β versus Nouveau Monde Graphite Inc. 's 1. 89β — meaning NMG is approximately 33% more volatile than LAC relative to the S&P 500. On balance sheet safety, Lithium Americas Corp. (LAC) carries a lower debt/equity ratio of 2% versus 12% for Nouveau Monde Graphite Inc. — giving it more financial flexibility in a downturn.
04Which has better profit margins — NMG or LAC?
Nouveau Monde Graphite Inc.
(NMG) is the more profitable company, earning 0. 0% net margin versus 0. 0% for Lithium Americas Corp. — meaning it keeps 0. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NMG leads at 0. 0% versus 0. 0% for LAC. At the gross margin level — before operating expenses — NMG leads at 0. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
05Which pays a better dividend — NMG or LAC?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
06Is NMG or LAC better for a retirement portfolio?
For long-horizon retirement investors, Lithium Americas Corp.
(LAC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+256. 5% 10Y return). Nouveau Monde Graphite Inc. (NMG) carries a higher beta of 1. 89 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (LAC: +256. 5%, NMG: -29. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
07What are the main differences between NMG and LAC?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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