NEWMONT CORP (NEM) Fundamental Analysis & Valuation

NYSE:NEM • US6516391066

Current stock price

111.09 USD
+3.48 (+3.23%)
At close:
111.08 USD
-0.01 (-0.01%)
Pre-Market:

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

  • NEM had positive earnings in the past year.
  • In the past year NEM had a positive cash flow from operations.
  • In multiple years NEM reported negative net income over the last 5 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B 8B 10B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 12.40%, NEM belongs to the top of the industry, outperforming 87.12% of the companies in the same industry.
  • NEM's Return On Equity of 20.92% is amongst the best of the industry. NEM outperforms 90.80% of its industry peers.
  • NEM has a Return On Invested Capital of 13.70%. This is amongst the best in the industry. NEM outperforms 85.89% of its industry peers.
  • NEM had an Average Return On Invested Capital over the past 3 years of 7.47%. This is significantly below the industry average of 58.77%.
  • 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 88.96% of its industry peers.
  • In the last couple of years the Profit Margin of NEM has grown nicely.
  • With an excellent Operating Margin value of 48.19%, NEM belongs to the best of the industry, outperforming 93.25% of the companies in the same industry.
  • NEM's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 64.33%, NEM belongs to the top of the industry, outperforming 93.25% of the companies in the same industry.
  • NEM's Gross Margin has improved in the last couple of years.
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

  • NEM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, NEM has less shares outstanding
  • The number of shares outstanding for NEM has been increased compared to 5 years ago.
  • Compared to 1 year ago, NEM has an improved debt to assets ratio.
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

  • An Altman-Z score of 4.36 indicates that NEM is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of NEM (4.36) is comparable to the rest of the industry.
  • 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.
  • Looking at the Debt to FCF ratio, with a value of 0.75, NEM belongs to the top of the industry, outperforming 87.12% of the companies in the same industry.
  • NEM has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
  • NEM's Debt to Equity ratio of 0.16 is in line compared to the rest of the industry. NEM outperforms 50.92% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 0.75
Altman-Z 4.36
ROIC/WACC1.08
WACC12.74%
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.
  • The Current ratio of NEM (2.29) is comparable to the rest of the industry.
  • A Quick Ratio of 1.82 indicates that NEM should not have too much problems paying its short term obligations.
  • NEM has a Quick ratio (1.82) which is in line with its industry peers.
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 104.78% 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%.
  • The Revenue has been growing by 14.54% on average over the past years. This is quite good.
EPS 1Y (TTM)104.78%
EPS 3Y54.88%
EPS 5Y21.13%
EPS Q2Q%132%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y23.91%
Revenue growth 5Y14.54%
Sales Q2Q%45.85%

3.2 Future

  • The Earnings Per Share is expected to decrease by -6.92% on average over the next years.
  • NEM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -9.32% yearly.
EPS Next Y40.33%
EPS Next 2Y24.74%
EPS Next 3Y16.53%
EPS Next 5Y-6.92%
Revenue Next Year31.35%
Revenue Next 2Y17.57%
Revenue Next 3Y10.83%
Revenue Next 5Y-9.32%

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.
  • 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 5 10

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8

4. NEM Valuation Analysis

4.1 Price/Earnings Ratio

  • NEM is valuated correctly with a Price/Earnings ratio of 12.98.
  • Based on the Price/Earnings ratio, NEM is valued cheaply inside the industry as 90.80% of the companies are valued more expensively.
  • NEM is valuated cheaply when we compare the Price/Earnings ratio to 26.77, which is the current average of the S&P500 Index.
  • NEM is valuated reasonably with a Price/Forward Earnings ratio of 10.33.
  • Based on the Price/Forward Earnings ratio, NEM is valued a bit cheaper than the industry average as 77.91% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of NEM to the average of the S&P500 Index (21.75), we can say NEM is valued rather cheaply.
Industry RankSector Rank
PE 12.98
Fwd PE 10.33
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 a bit cheaper than the industry average as 79.75% 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 91.41% of the companies in the same industry.
Industry RankSector Rank
P/FCF 16.13
EV/EBITDA 8.68
NEM Per share dataNEM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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.
  • The excellent profitability rating of NEM may justify a higher PE ratio.
  • A more expensive valuation may be justified as NEM's earnings are expected to grow with 16.53% in the coming years.
PEG (NY)0.32
PEG (5Y)0.61
EPS Next 2Y24.74%
EPS Next 3Y16.53%

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

3

5. NEM Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.97%, NEM is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.99, NEM pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.97, NEM pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.97%

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.
  • The dividend of NEM decreased 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 2Y24.74%
EPS Next 3Y16.53%
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 (4/30/2026, 8:07:30 PM)

Premarket: 111.08 -0.01 (-0.01%)

111.09

+3.48 (+3.23%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Industry Strength93.79
Industry Growth92.55
Earnings (Last)04-23
Earnings (Next)07-22
Inst Owners81.4%
Inst Owner Change-0.1%
Ins Owners0.05%
Ins Owner Change-1.8%
Market Cap119.97B
Revenue(TTM)22.67B
Net Income(TTM)7.08B
Analysts83.45
Price Target144.15 (29.76%)
Short Float %1.77%
Short Ratio1.89
Dividend
Industry RankSector Rank
Dividend Yield 0.97%
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)6.24%
PT rev (3m)24.14%
EPS NQ rev (1m)-3.88%
EPS NQ rev (3m)3.93%
EPS NY rev (1m)4.58%
EPS NY rev (3m)16.38%
Revenue NQ rev (1m)0.68%
Revenue NQ rev (3m)8.66%
Revenue NY rev (1m)3.51%
Revenue NY rev (3m)15.53%
Valuation
Industry RankSector Rank
PE 12.98
Fwd PE 10.33
P/S 5.29
P/FCF 16.13
P/OCF 11.46
P/B 3.54
P/tB 3.84
EV/EBITDA 8.68
EPS(TTM)8.56
EY7.71%
EPS(NY)10.75
Fwd EY9.68%
FCF(TTM)6.89
FCFY6.2%
OCF(TTM)9.7
OCFY8.73%
SpS20.99
BVpS31.36
TBVpS28.9
PEG (NY)0.32
PEG (5Y)0.61
Graham Number77.7175 (-30.04%)
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 4.36
F-Score9
WACC12.74%
ROIC/WACC1.08
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)104.78%
EPS 3Y54.88%
EPS 5Y21.13%
EPS Q2Q%132%
EPS Next Y40.33%
EPS Next 2Y24.74%
EPS Next 3Y16.53%
EPS Next 5Y-6.92%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y23.91%
Revenue growth 5Y14.54%
Sales Q2Q%45.85%
Revenue Next Year31.35%
Revenue Next 2Y17.57%
Revenue Next 3Y10.83%
Revenue Next 5Y-9.32%
EBIT growth 1Y85.52%
EBIT growth 3Y88.16%
EBIT growth 5Y27.65%
EBIT Next Year74.05%
EBIT Next 3Y24.2%
EBIT Next 5Y-7.23%
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 40.33% in the next year.