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NEWMONT CORP (NEM) Stock Fundamental Analysis

NYSE:NEM - US6516391066 - Common Stock

70.09 USD
+1.09 (+1.58%)
Last: 8/21/2025, 8:04:00 PM
69.66 USD
-0.43 (-0.61%)
Pre-Market: 8/22/2025, 4:40:36 AM
Fundamental Rating

7

Overall NEM gets a fundamental rating of 7 out of 10. We evaluated NEM against 156 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making NEM a very profitable company, without any liquidiy or solvency issues. NEM scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, NEM could be worth investigating further for value and quality investing!.


Dividend Valuation Growth Profitability Health

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8

1. Profitability

1.1 Basic Checks

In the past year NEM was profitable.
In the past year NEM had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: NEM reported negative net income in multiple years.
NEM had a positive operating cash flow in each of the past 5 years.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B

1.2 Ratios

NEM's Return On Assets of 11.38% is amongst the best of the industry. NEM outperforms 90.38% of its industry peers.
NEM has a better Return On Equity (19.55%) than 91.03% of its industry peers.
NEM has a Return On Invested Capital of 11.01%. This is amongst the best in the industry. NEM outperforms 83.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NEM is significantly below the industry average of 12.76%.
The last Return On Invested Capital (11.01%) for NEM is above the 3 year average (4.19%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 11.38%
ROE 19.55%
ROIC 11.01%
ROA(3y)0.11%
ROA(5y)2.01%
ROE(3y)0.13%
ROE(5y)3.59%
ROIC(3y)4.19%
ROIC(5y)4.42%
NEM Yearly ROA, ROE, ROICNEM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

NEM's Profit Margin of 30.49% is amongst the best of the industry. NEM outperforms 93.59% of its industry peers.
In the last couple of years the Profit Margin of NEM has declined.
NEM has a better Operating Margin (38.86%) than 91.03% of its industry peers.
In the last couple of years the Operating Margin of NEM has grown nicely.
The Gross Margin of NEM (57.21%) is better than 91.03% of its industry peers.
In the last couple of years the Gross Margin of NEM has grown nicely.
Industry RankSector Rank
OM 38.86%
PM (TTM) 30.49%
GM 57.21%
OM growth 3Y24.65%
OM growth 5Y14.78%
PM growth 3Y23.39%
PM growth 5Y-9.05%
GM growth 3Y-2.15%
GM growth 5Y2.2%
NEM Yearly Profit, Operating, Gross MarginsNEM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

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7

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NEM is creating some value.
NEM has less shares outstanding than it did 1 year ago.
The number of shares outstanding for NEM has been increased compared to 5 years ago.
NEM has a better debt/assets ratio than last year.
NEM Yearly Shares OutstandingNEM Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
NEM Yearly Total Debt VS Total AssetsNEM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.2 Solvency

NEM has an Altman-Z score of 3.02. This indicates that NEM is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.02, NEM perfoms like the industry average, outperforming 55.13% of the companies in the same industry.
The Debt to FCF ratio of NEM is 1.36, which is an excellent value as it means it would take NEM, only 1.36 years of fcf income to pay off all of its debts.
NEM has a better Debt to FCF ratio (1.36) than 85.90% of its industry peers.
NEM has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of NEM (0.23) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF 1.36
Altman-Z 3.02
ROIC/WACC1.13
WACC9.73%
NEM Yearly LT Debt VS Equity VS FCFNEM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

2.3 Liquidity

NEM has a Current Ratio of 2.23. This indicates that NEM is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.23, NEM perfoms like the industry average, outperforming 46.79% of the companies in the same industry.
NEM has a Quick Ratio of 1.74. This is a normal value and indicates that NEM is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.74, NEM perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.23
Quick Ratio 1.74
NEM Yearly Current Assets VS Current LiabilitesNEM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

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6

3. Growth

3.1 Past

NEM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 129.58%, which is quite impressive.
The Earnings Per Share has been growing by 21.58% on average over the past years. This is a very strong growth
Looking at the last year, NEM shows a very strong growth in Revenue. The Revenue has grown by 38.38%.
The Revenue has been growing by 13.91% on average over the past years. This is quite good.
EPS 1Y (TTM)129.58%
EPS 3Y5.66%
EPS 5Y21.58%
EPS Q2Q%98.61%
Revenue 1Y (TTM)38.38%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%20.79%

3.2 Future

The Earnings Per Share is expected to grow by 0.77% on average over the next years.
The Revenue is expected to grow by 0.54% on average over the next years.
EPS Next Y37.23%
EPS Next 2Y19.33%
EPS Next 3Y11.63%
EPS Next 5Y0.77%
Revenue Next Year11.96%
Revenue Next 2Y5.6%
Revenue Next 3Y3.54%
Revenue Next 5Y0.54%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
NEM Yearly Revenue VS EstimatesNEM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B
NEM Yearly EPS VS EstimatesNEM Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4 5

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8

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 14.33 indicates a correct valuation of NEM.
Based on the Price/Earnings ratio, NEM is valued cheaply inside the industry as 86.54% of the companies are valued more expensively.
NEM is valuated rather cheaply when we compare the Price/Earnings ratio to 26.76, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 14.14 indicates a correct valuation of NEM.
Based on the Price/Forward Earnings ratio, NEM is valued a bit cheaper than 67.31% of the companies in the same industry.
NEM is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.91, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 14.33
Fwd PE 14.14
NEM Price Earnings VS Forward Price EarningsNEM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NEM indicates a rather cheap valuation: NEM is cheaper than 82.69% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, NEM is valued cheaper than 89.10% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.8
EV/EBITDA 7.36
NEM Per share dataNEM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

NEM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NEM has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.38
PEG (5Y)0.66
EPS Next 2Y19.33%
EPS Next 3Y11.63%

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4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 1.46%, NEM has a reasonable but not impressive dividend return.
NEM's Dividend Yield is a higher than the industry average which is at 2.61.
Compared to the average S&P500 Dividend Yield of 2.36, NEM is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.46%

5.2 History

The dividend of NEM decreases each year by -5.40%.
NEM has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-5.4%
Div Incr Years0
Div Non Decr Years0
NEM Yearly Dividends per shareNEM Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2

5.3 Sustainability

NEM pays out 17.99% of its income as dividend. This is a sustainable payout ratio.
DP17.99%
EPS Next 2Y19.33%
EPS Next 3Y11.63%
NEM Yearly Income VS Free CF VS DividendNEM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B
NEM Dividend Payout.NEM Dividend Payout, showing the Payout Ratio.NEM Dividend Payout.PayoutRetained Earnings

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NEWMONT CORP

NYSE:NEM (8/21/2025, 8:04:00 PM)

Premarket: 69.66 -0.43 (-0.61%)

70.09

+1.09 (+1.58%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)07-24 2025-07-24/amc
Earnings (Next)10-21 2025-10-21/amc
Inst Owners77.19%
Inst Owner Change3.79%
Ins Owners0.08%
Ins Owner Change3.2%
Market Cap76.99B
Analysts80
Price Target74.52 (6.32%)
Short Float %1.77%
Short Ratio1.64
Dividend
Industry RankSector Rank
Dividend Yield 1.46%
Yearly Dividend1
Dividend Growth(5Y)-5.4%
DP17.99%
Div Incr Years0
Div Non Decr Years0
Ex-Date09-04 2025-09-04 (0.25)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29.33%
Min EPS beat(2)20.44%
Max EPS beat(2)38.22%
EPS beat(4)3
Avg EPS beat(4)20.05%
Min EPS beat(4)-6.75%
Max EPS beat(4)38.22%
EPS beat(8)6
Avg EPS beat(8)17.26%
EPS beat(12)7
Avg EPS beat(12)8.52%
EPS beat(16)8
Avg EPS beat(16)3.21%
Revenue beat(2)2
Avg Revenue beat(2)6.64%
Min Revenue beat(2)6.03%
Max Revenue beat(2)7.24%
Revenue beat(4)3
Avg Revenue beat(4)4.85%
Min Revenue beat(4)-2.42%
Max Revenue beat(4)8.55%
Revenue beat(8)6
Avg Revenue beat(8)4.16%
Revenue beat(12)7
Avg Revenue beat(12)1.12%
Revenue beat(16)8
Avg Revenue beat(16)0.1%
PT rev (1m)11.5%
PT rev (3m)12.94%
EPS NQ rev (1m)10.64%
EPS NQ rev (3m)40.01%
EPS NY rev (1m)0%
EPS NY rev (3m)6.86%
Revenue NQ rev (1m)3.1%
Revenue NQ rev (3m)9.28%
Revenue NY rev (1m)3.6%
Revenue NY rev (3m)6.11%
Valuation
Industry RankSector Rank
PE 14.33
Fwd PE 14.14
P/S 3.74
P/FCF 13.8
P/OCF 8.72
P/B 2.4
P/tB 2.61
EV/EBITDA 7.36
EPS(TTM)4.89
EY6.98%
EPS(NY)4.96
Fwd EY7.07%
FCF(TTM)5.08
FCFY7.25%
OCF(TTM)8.04
OCFY11.47%
SpS18.74
BVpS29.23
TBVpS26.81
PEG (NY)0.38
PEG (5Y)0.66
Profitability
Industry RankSector Rank
ROA 11.38%
ROE 19.55%
ROCE 15.84%
ROIC 11.01%
ROICexc 12.68%
ROICexgc 13.49%
OM 38.86%
PM (TTM) 30.49%
GM 57.21%
FCFM 27.11%
ROA(3y)0.11%
ROA(5y)2.01%
ROE(3y)0.13%
ROE(5y)3.59%
ROIC(3y)4.19%
ROIC(5y)4.42%
ROICexc(3y)4.56%
ROICexc(5y)4.97%
ROICexgc(3y)4.86%
ROICexgc(5y)5.36%
ROCE(3y)6.03%
ROCE(5y)6.37%
ROICexcg growth 3Y27.94%
ROICexcg growth 5Y23.87%
ROICexc growth 3Y29.12%
ROICexc growth 5Y24.33%
OM growth 3Y24.65%
OM growth 5Y14.78%
PM growth 3Y23.39%
PM growth 5Y-9.05%
GM growth 3Y-2.15%
GM growth 5Y2.2%
F-Score9
Asset Turnover0.37
Health
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF 1.36
Debt/EBITDA 0.71
Cap/Depr 128.39%
Cap/Sales 15.8%
Interest Coverage 250
Cash Conversion 83.86%
Profit Quality 88.9%
Current Ratio 2.23
Quick Ratio 1.74
Altman-Z 3.02
F-Score9
WACC9.73%
ROIC/WACC1.13
Cap/Depr(3y)118.69%
Cap/Depr(5y)96.77%
Cap/Sales(3y)19.56%
Cap/Sales(5y)16.7%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)129.58%
EPS 3Y5.66%
EPS 5Y21.58%
EPS Q2Q%98.61%
EPS Next Y37.23%
EPS Next 2Y19.33%
EPS Next 3Y11.63%
EPS Next 5Y0.77%
Revenue 1Y (TTM)38.38%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%20.79%
Revenue Next Year11.96%
Revenue Next 2Y5.6%
Revenue Next 3Y3.54%
Revenue Next 5Y0.54%
EBIT growth 1Y286.99%
EBIT growth 3Y43.59%
EBIT growth 5Y30.75%
EBIT Next Year112.69%
EBIT Next 3Y27.27%
EBIT Next 5Y10.93%
FCF growth 1Y1700%
FCF growth 3Y2.44%
FCF growth 5Y15.01%
OCF growth 1Y236.2%
OCF growth 3Y13.31%
OCF growth 5Y16.78%