NEWMONT CORP (NEM) Stock Fundamental Analysis
USA - NYSE:NEM - US6516391066 - Common Stock
87.069 USD
+0.64 (+0.74%)
NEM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. NEM scores excellent points on both the profitability and health parts. This is a solid base for a good stock. NEM is valued quite cheap, while showing a decent growth score. This is a good combination! This makes NEM very considerable for value and quality investing!
1. Profitability
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.
In the past 5 years NEM always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.38%, NEM belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
Looking at the Return On Equity, with a value of 19.55%, NEM belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
NEM has a Return On Invested Capital of 11.01%. This is amongst the best in the industry. NEM outperforms 85.90% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NEM is significantly below the industry average of 12.87%.
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 Rank | Sector 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%
1.3 Margins
NEM has a better Profit Margin (30.49%) than 94.23% of its industry peers.
NEM's Profit Margin has declined in the last couple of years.
The Operating Margin of NEM (38.86%) is better than 91.03% of its industry peers.
In the last couple of years the Operating Margin of NEM has grown nicely.
NEM's Gross Margin of 57.21% is amongst the best of the industry. NEM outperforms 91.03% of its industry peers.
NEM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
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.
NEM has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NEM has an improved debt to assets ratio.
2.2 Solvency
NEM has an Altman-Z score of 3.48. This indicates that NEM is financially healthy and has little risk of bankruptcy at the moment.
NEM has a Altman-Z score of 3.48. This is comparable to the rest of the industry: NEM outperforms 55.13% of its industry peers.
NEM has a debt to FCF ratio of 1.36. This is a very positive value and a sign of high solvency as it would only need 1.36 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.36, NEM belongs to the top of the industry, outperforming 86.54% of the companies in the same industry.
NEM has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
NEM has a Debt to Equity ratio (0.23) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.36 | ||
| Altman-Z | 3.48 |
ROIC/WACC1.22
WACC9%
2.3 Liquidity
A Current Ratio of 2.23 indicates that NEM has no problem at all paying its short term obligations.
NEM has a Current ratio (2.23) which is comparable to the rest of the 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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.23 | ||
| Quick Ratio | 1.74 |
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.
NEM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.58% yearly.
The Revenue has grown by 38.38% in the past year. This is a very strong growth!
NEM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.91% yearly.
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
Based on estimates for the next years, NEM will show a small growth in Earnings Per Share. The EPS will grow by 0.77% on average per year.
Based on estimates for the next years, NEM will show a small growth in Revenue. The Revenue will grow by 0.54% on average per year.
EPS Next Y60.56%
EPS Next 2Y28.01%
EPS Next 3Y17.7%
EPS Next 5Y0.77%
Revenue Next Year14.72%
Revenue Next 2Y7.02%
Revenue Next 3Y4.74%
Revenue Next 5Y0.54%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NEM is valuated rather expensively with a Price/Earnings ratio of 17.81.
Based on the Price/Earnings ratio, NEM is valued cheaply inside the industry as 87.18% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.86, NEM is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 15.27, the valuation of NEM can be described as correct.
Based on the Price/Forward Earnings ratio, NEM is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.29, NEM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.81 | ||
| Fwd PE | 15.27 |
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 81.41% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, NEM is valued cheaply inside the industry as 88.46% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.14 | ||
| EV/EBITDA | 9.06 |
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.
NEM has an outstanding profitability rating, which may justify a higher PE ratio.
NEM's earnings are expected to grow with 17.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.29
PEG (5Y)0.83
EPS Next 2Y28.01%
EPS Next 3Y17.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.20%, NEM has a reasonable but not impressive dividend return.
NEM's Dividend Yield is a higher than the industry average which is at 2.48.
Compared to an average S&P500 Dividend Yield of 2.41, NEM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
5.2 History
The dividend of NEM decreases each year by -5.40%.
NEM has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-5.4%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
17.99% of the earnings are spent on dividend by NEM. This is a low number and sustainable payout ratio.
DP17.99%
EPS Next 2Y28.01%
EPS Next 3Y17.7%
NYSE:NEM (10/3/2025, 9:42:06 AM)
87.069
+0.64 (+0.74%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners80.06%
Inst Owner Change3.81%
Ins Owners0.07%
Ins Owner Change0.26%
Market Cap95.64B
Analysts80
Price Target79.58 (-8.6%)
Short Float %2.1%
Short Ratio2.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
Yearly Dividend1
Dividend Growth(5Y)-5.4%
DP17.99%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)4.48%
PT rev (3m)19.08%
EPS NQ rev (1m)0.08%
EPS NQ rev (3m)31.99%
EPS NY rev (1m)1.57%
EPS NY rev (3m)25.19%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)8.59%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)9.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.81 | ||
| Fwd PE | 15.27 | ||
| P/S | 4.65 | ||
| P/FCF | 17.14 | ||
| P/OCF | 10.83 | ||
| P/B | 2.98 | ||
| P/tB | 3.25 | ||
| EV/EBITDA | 9.06 |
EPS(TTM)4.89
EY5.62%
EPS(NY)5.7
Fwd EY6.55%
FCF(TTM)5.08
FCFY5.83%
OCF(TTM)8.04
OCFY9.23%
SpS18.74
BVpS29.23
TBVpS26.81
PEG (NY)0.29
PEG (5Y)0.83
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 3.48 |
F-Score9
WACC9%
ROIC/WACC1.22
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 Y60.56%
EPS Next 2Y28.01%
EPS Next 3Y17.7%
EPS Next 5Y0.77%
Revenue 1Y (TTM)38.38%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%20.79%
Revenue Next Year14.72%
Revenue Next 2Y7.02%
Revenue Next 3Y4.74%
Revenue Next 5Y0.54%
EBIT growth 1Y286.99%
EBIT growth 3Y43.59%
EBIT growth 5Y30.75%
EBIT Next Year113.95%
EBIT Next 3Y30.46%
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%