NEWMONT CORP (NEM) Fundamental Analysis & Valuation

NYSE:NEM • US6516391066

Current stock price

114.65 USD
+1.82 (+1.61%)
At close:
118.19 USD
+3.54 (+3.09%)
After Hours:

This NEM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. NEM Profitability Analysis

1.1 Basic Checks

  • In the past year NEM was profitable.
  • NEM had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: NEM reported negative net income in multiple years.
  • Each year in the past 5 years NEM had a positive operating cash flow.
NEM Yearly Net Income VS EBIT VS OCF VS FCFNEM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B 8B 10B

1.2 Ratios

  • NEM's Return On Assets of 12.40% is amongst the best of the industry. NEM outperforms 87.26% of its industry peers.
  • Looking at the Return On Equity, with a value of 20.92%, NEM belongs to the top of the industry, outperforming 91.08% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 13.70%, NEM belongs to the top of the industry, outperforming 86.62% of the companies in the same industry.
  • NEM had an Average Return On Invested Capital over the past 3 years of 7.47%. This is significantly below the industry average of 61.57%.
  • The last Return On Invested Capital (13.70%) for NEM is above the 3 year average (7.47%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 12.4%
ROE 20.92%
ROIC 13.7%
ROA(3y)4.62%
ROA(5y)3.12%
ROE(3y)7.84%
ROE(5y)5.32%
ROIC(3y)7.47%
ROIC(5y)5.75%
NEM Yearly ROA, ROE, ROICNEM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10 15 20

1.3 Margins

  • NEM has a Profit Margin of 31.25%. This is amongst the best in the industry. NEM outperforms 90.45% of its industry peers.
  • NEM's Profit Margin has improved in the last couple of years.
  • NEM has a better Operating Margin (48.19%) than 93.63% of its industry peers.
  • In the last couple of years the Operating Margin of NEM has grown nicely.
  • Looking at the Gross Margin, with a value of 64.33%, NEM belongs to the top of the industry, outperforming 92.99% of the companies in the same industry.
  • In the last couple of years the Gross Margin of NEM has grown nicely.
Industry RankSector Rank
OM 48.19%
PM (TTM) 31.25%
GM 64.33%
OM growth 3Y51.85%
OM growth 5Y11.44%
PM growth 3YN/A
PM growth 5Y4.9%
GM growth 3Y12.06%
GM growth 5Y2.67%
NEM Yearly Profit, Operating, Gross MarginsNEM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. NEM Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NEM is still creating some value.
  • The number of shares outstanding for NEM has been reduced compared to 1 year ago.
  • The number of shares outstanding for NEM has been increased compared to 5 years ago.
  • The debt/assets ratio for NEM has been reduced compared to a year ago.
NEM Yearly Shares OutstandingNEM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
NEM Yearly Total Debt VS Total AssetsNEM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.2 Solvency

  • NEM has an Altman-Z score of 4.43. This indicates that NEM is financially healthy and has little risk of bankruptcy at the moment.
  • NEM has a better Altman-Z score (4.43) than 63.06% of its industry peers.
  • The Debt to FCF ratio of NEM is 0.75, which is an excellent value as it means it would take NEM, only 0.75 years of fcf income to pay off all of its debts.
  • NEM's Debt to FCF ratio of 0.75 is amongst the best of the industry. NEM outperforms 87.26% of its industry peers.
  • A Debt/Equity ratio of 0.16 indicates that NEM is not too dependend on debt financing.
  • NEM has a Debt to Equity ratio (0.16) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 0.75
Altman-Z 4.43
ROIC/WACC1.07
WACC12.79%
NEM Yearly LT Debt VS Equity VS FCFNEM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.3 Liquidity

  • A Current Ratio of 2.29 indicates that NEM has no problem at all paying its short term obligations.
  • NEM's Current ratio of 2.29 is in line compared to the rest of the industry. NEM outperforms 47.77% of its industry peers.
  • A Quick Ratio of 1.82 indicates that NEM should not have too much problems paying its short term obligations.
  • The Quick ratio of NEM (1.82) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.29
Quick Ratio 1.82
NEM Yearly Current Assets VS Current LiabilitesNEM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. NEM Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 98.56% over the past year.
  • The Earnings Per Share has been growing by 21.13% on average over the past years. This is a very strong growth
  • NEM shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.34%.
  • NEM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.54% yearly.
EPS 1Y (TTM)98.56%
EPS 3Y54.88%
EPS 5Y21.13%
EPS Q2Q%80%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y23.91%
Revenue growth 5Y14.54%
Sales Q2Q%20.63%

3.2 Future

  • NEM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.41% yearly.
  • The Revenue is expected to decrease by -9.32% on average over the next years.
EPS Next Y34.19%
EPS Next 2Y21.22%
EPS Next 3Y13.69%
EPS Next 5Y-8.41%
Revenue Next Year27.65%
Revenue Next 2Y16.22%
Revenue Next 3Y10.78%
Revenue Next 5Y-9.32%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
NEM Yearly Revenue VS EstimatesNEM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B
NEM Yearly EPS VS EstimatesNEM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

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Find the best growth stocksShow best growing peers

8

4. NEM Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 16.59 indicates a correct valuation of NEM.
  • Based on the Price/Earnings ratio, NEM is valued cheaper than 86.62% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of NEM to the average of the S&P500 Index (26.21), we can say NEM is valued slightly cheaper.
  • NEM is valuated correctly with a Price/Forward Earnings ratio of 12.36.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of NEM indicates a somewhat cheap valuation: NEM is cheaper than 75.16% of the companies listed in the same industry.
  • NEM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 16.59
Fwd PE 12.36
NEM Price Earnings VS Forward Price EarningsNEM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NEM is valued cheaply inside the industry as 82.17% of the companies are valued more expensively.
  • NEM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NEM is cheaper than 91.72% of the companies in the same industry.
Industry RankSector Rank
P/FCF 16.77
EV/EBITDA 8.89
NEM Per share dataNEM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The excellent profitability rating of NEM may justify a higher PE ratio.
  • NEM's earnings are expected to grow with 13.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.49
PEG (5Y)0.79
EPS Next 2Y21.22%
EPS Next 3Y13.69%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. NEM Dividend Analysis

5.1 Amount

  • NEM has a Yearly Dividend Yield of 1.02%. Purely for dividend investing, there may be better candidates out there.
  • NEM's Dividend Yield is a higher than the industry average which is at 1.16.
  • Compared to an average S&P500 Dividend Yield of 1.89, NEM's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.02%

5.2 History

  • The dividend of NEM decreases each year by -0.77%.
  • NEM has paid a dividend for at least 10 years, which is a reliable track record.
  • NEM has decreased its dividend recently.
Dividend Growth(5Y)-0.77%
Div Incr Years0
Div Non Decr Years1
NEM Yearly Dividends per shareNEM Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • 15.61% of the earnings are spent on dividend by NEM. This is a low number and sustainable payout ratio.
  • The Dividend Rate of NEM has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP15.61%
EPS Next 2Y21.22%
EPS Next 3Y13.69%
NEM Yearly Income VS Free CF VS DividendNEM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B
NEM Dividend Payout.NEM Dividend Payout, showing the Payout Ratio.NEM Dividend Payout.PayoutRetained Earnings

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NEM Fundamentals: All Metrics, Ratios and Statistics

NEWMONT CORP

NYSE:NEM (4/7/2026, 8:04:00 PM)

After market: 118.19 +3.54 (+3.09%)

114.65

+1.82 (+1.61%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-19
Earnings (Next)04-23
Inst Owners80.74%
Inst Owner Change0%
Ins Owners0.07%
Ins Owner Change-1.81%
Market Cap124.72B
Revenue(TTM)22.67B
Net Income(TTM)7.08B
Analysts83.45
Price Target142.78 (24.54%)
Short Float %1.96%
Short Ratio1.89
Dividend
Industry RankSector Rank
Dividend Yield 1.02%
Yearly Dividend1
Dividend Growth(5Y)-0.77%
DP15.61%
Div Incr Years0
Div Non Decr Years1
Ex-Date03-03
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.5%
Min EPS beat(2)18.31%
Max EPS beat(2)24.7%
EPS beat(4)4
Avg EPS beat(4)25.42%
Min EPS beat(4)18.31%
Max EPS beat(4)38.22%
EPS beat(8)7
Avg EPS beat(8)23.9%
EPS beat(12)9
Avg EPS beat(12)14.58%
EPS beat(16)9
Avg EPS beat(16)7.07%
Revenue beat(2)2
Avg Revenue beat(2)7.54%
Min Revenue beat(2)5.52%
Max Revenue beat(2)9.56%
Revenue beat(4)4
Avg Revenue beat(4)7.09%
Min Revenue beat(4)5.52%
Max Revenue beat(4)9.56%
Revenue beat(8)7
Avg Revenue beat(8)6.2%
Revenue beat(12)8
Avg Revenue beat(12)2.92%
Revenue beat(16)9
Avg Revenue beat(16)1.61%
PT rev (1m)7.24%
PT rev (3m)28.71%
EPS NQ rev (1m)-1.93%
EPS NQ rev (3m)10.12%
EPS NY rev (1m)0%
EPS NY rev (3m)15.9%
Revenue NQ rev (1m)2.69%
Revenue NQ rev (3m)9.45%
Revenue NY rev (1m)4.2%
Revenue NY rev (3m)14.65%
Valuation
Industry RankSector Rank
PE 16.59
Fwd PE 12.36
P/S 5.5
P/FCF 16.77
P/OCF 11.91
P/B 3.68
P/tB 4
EV/EBITDA 8.89
EPS(TTM)6.91
EY6.03%
EPS(NY)9.27
Fwd EY8.09%
FCF(TTM)6.84
FCFY5.96%
OCF(TTM)9.63
OCFY8.4%
SpS20.84
BVpS31.13
TBVpS28.69
PEG (NY)0.49
PEG (5Y)0.79
Graham Number69.57
Profitability
Industry RankSector Rank
ROA 12.4%
ROE 20.92%
ROCE 21.25%
ROIC 13.7%
ROICexc 16.32%
ROICexgc 17.39%
OM 48.19%
PM (TTM) 31.25%
GM 64.33%
FCFM 32.81%
ROA(3y)4.62%
ROA(5y)3.12%
ROE(3y)7.84%
ROE(5y)5.32%
ROIC(3y)7.47%
ROIC(5y)5.75%
ROICexc(3y)8.57%
ROICexc(5y)6.59%
ROICexgc(3y)9.12%
ROICexgc(5y)7.03%
ROCE(3y)11.58%
ROCE(5y)8.92%
ROICexgc growth 3Y69.91%
ROICexgc growth 5Y19.72%
ROICexc growth 3Y69.93%
ROICexc growth 5Y20.35%
OM growth 3Y51.85%
OM growth 5Y11.44%
PM growth 3YN/A
PM growth 5Y4.9%
GM growth 3Y12.06%
GM growth 5Y2.67%
F-Score9
Asset Turnover0.4
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 0.75
Debt/EBITDA 0.41
Cap/Depr 120.39%
Cap/Sales 13.39%
Interest Coverage 46.89
Cash Conversion 77.88%
Profit Quality 104.97%
Current Ratio 2.29
Quick Ratio 1.82
Altman-Z 4.43
F-Score9
WACC12.79%
ROIC/WACC1.07
Cap/Depr(3y)126.31%
Cap/Depr(5y)109.52%
Cap/Sales(3y)18.06%
Cap/Sales(5y)17.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)98.56%
EPS 3Y54.88%
EPS 5Y21.13%
EPS Q2Q%80%
EPS Next Y34.19%
EPS Next 2Y21.22%
EPS Next 3Y13.69%
EPS Next 5Y-8.41%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y23.91%
Revenue growth 5Y14.54%
Sales Q2Q%20.63%
Revenue Next Year27.65%
Revenue Next 2Y16.22%
Revenue Next 3Y10.78%
Revenue Next 5Y-9.32%
EBIT growth 1Y85.52%
EBIT growth 3Y88.16%
EBIT growth 5Y27.65%
EBIT Next Year66.27%
EBIT Next 3Y19.57%
EBIT Next 5Y-8.4%
FCF growth 1Y163.44%
FCF growth 3Y89.72%
FCF growth 5Y15.75%
OCF growth 1Y68.22%
OCF growth 3Y48.16%
OCF growth 5Y16.49%

NEWMONT CORP / NEM Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for NEWMONT CORP?

ChartMill assigns a fundamental rating of 7 / 10 to NEM.


What is the valuation status of NEWMONT CORP (NEM) stock?

ChartMill assigns a valuation rating of 8 / 10 to NEWMONT CORP (NEM). This can be considered as Undervalued.


What is the profitability of NEM stock?

NEWMONT CORP (NEM) has a profitability rating of 8 / 10.


Can you provide the financial health for NEM stock?

The financial health rating of NEWMONT CORP (NEM) is 7 / 10.


What is the expected EPS growth for NEWMONT CORP (NEM) stock?

The Earnings per Share (EPS) of NEWMONT CORP (NEM) is expected to grow by 34.19% in the next year.