NEWMONT CORP (NEM) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:NEM • US6516391066
117.14 USD
+4.29 (+3.8%)
At close: Feb 3, 2026
120.4 USD
+3.26 (+2.78%)
Pre-Market: 2/4/2026, 4:14:05 AM
Taking everything into account, NEM scores 7 out of 10 in our fundamental rating. NEM was compared to 157 industry peers in the Metals & Mining industry. NEM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on NEM. With these ratings, NEM could be worth investigating further 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.
- In multiple years NEM reported negative net income over the last 5 years.
- Each year in the past 5 years NEM had a positive operating cash flow.
1.2 Ratios
- NEM has a Return On Assets of 13.14%. This is amongst the best in the industry. NEM outperforms 92.99% of its industry peers.
- NEM has a better Return On Equity (21.63%) than 93.63% of its industry peers.
- With an excellent Return On Invested Capital value of 13.04%, NEM belongs to the best of the industry, outperforming 87.90% of the companies in the same industry.
- NEM had an Average Return On Invested Capital over the past 3 years of 4.19%. This is significantly below the industry average of 10.48%.
- The last Return On Invested Capital (13.04%) for NEM is above the 3 year average (4.19%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.14% | ||
| ROE | 21.63% | ||
| ROIC | 13.04% |
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
- Looking at the Profit Margin, with a value of 33.42%, NEM belongs to the top of the industry, outperforming 95.54% of the companies in the same industry.
- NEM's Profit Margin has declined in the last couple of years.
- NEM has a Operating Margin of 43.31%. This is amongst the best in the industry. NEM outperforms 92.99% of its industry peers.
- In the last couple of years the Operating Margin of NEM has grown nicely.
- With an excellent Gross Margin value of 60.71%, NEM belongs to the best of the industry, outperforming 92.36% of the companies in the same industry.
- NEM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.31% | ||
| PM (TTM) | 33.42% | ||
| GM | 60.71% |
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
- NEM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- NEM has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, NEM has more shares outstanding
- Compared to 1 year ago, NEM has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 4.71 indicates that NEM is not in any danger for bankruptcy at the moment.
- With a decent Altman-Z score value of 4.71, NEM is doing good in the industry, outperforming 60.51% of the companies in the same industry.
- The Debt to FCF ratio of NEM is 0.90, which is an excellent value as it means it would take NEM, only 0.90 years of fcf income to pay off all of its debts.
- NEM has a Debt to FCF ratio of 0.90. This is amongst the best in the industry. NEM outperforms 87.90% of its industry peers.
- NEM has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
- NEM has a Debt to Equity ratio of 0.17. This is comparable to the rest of the industry: NEM outperforms 52.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.9 | ||
| Altman-Z | 4.71 |
ROIC/WACC1.24
WACC10.48%
2.3 Liquidity
- A Current Ratio of 2.04 indicates that NEM has no problem at all paying its short term obligations.
- With a Current ratio value of 2.04, NEM perfoms like the industry average, outperforming 40.76% of the companies in the same industry.
- A Quick Ratio of 1.56 indicates that NEM should not have too much problems paying its short term obligations.
- With a Quick ratio value of 1.56, NEM perfoms like the industry average, outperforming 52.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
- NEM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 124.42%, 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
- The Revenue has grown by 26.59% 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)124.42%
EPS 3Y5.66%
EPS 5Y21.58%
EPS Q2Q%111.11%
Revenue 1Y (TTM)26.59%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%19.96%
3.2 Future
- The Earnings Per Share is expected to grow by 11.66% on average over the next years. This is quite good.
- Based on estimates for the next years, NEM will show a small growth in Revenue. The Revenue will grow by 3.88% on average per year.
EPS Next Y85.61%
EPS Next 2Y54.73%
EPS Next 3Y38.07%
EPS Next 5Y11.66%
Revenue Next Year20.38%
Revenue Next 2Y17.1%
Revenue Next 3Y12.93%
Revenue Next 5Y3.88%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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.
4. Valuation
4.1 Price/Earnings Ratio
- NEM is valuated rather expensively with a Price/Earnings ratio of 20.23.
- NEM's Price/Earnings ratio is rather cheap when compared to the industry. NEM is cheaper than 87.26% of the companies in the same industry.
- NEM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.18.
- A Price/Forward Earnings ratio of 14.06 indicates a correct valuation of NEM.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of NEM indicates a somewhat cheap valuation: NEM is cheaper than 73.89% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of NEM to the average of the S&P500 Index (25.51), we can say NEM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.23 | ||
| Fwd PE | 14.06 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NEM is valued cheaply inside the industry as 80.89% 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 91.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.41 | ||
| EV/EBITDA | 10.73 |
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.
- A more expensive valuation may be justified as NEM's earnings are expected to grow with 38.07% in the coming years.
PEG (NY)0.24
PEG (5Y)0.94
EPS Next 2Y54.73%
EPS Next 3Y38.07%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.79%, NEM is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 1.01, NEM pays a bit more dividend than its industry peers.
- With a Dividend Yield of 0.79, NEM pays less dividend than the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
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
5.3 Sustainability
- 15.53% of the earnings are spent on dividend by NEM. This is a low number and sustainable payout ratio.
DP15.53%
EPS Next 2Y54.73%
EPS Next 3Y38.07%
117.14
+4.29 (+3.8%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)10-23 2025-10-23/amc
Earnings (Next)02-19 2026-02-19/amc
Inst Owners80.16%
Inst Owner Change-2.89%
Ins Owners0.06%
Ins Owner Change-1.35%
Market Cap127.83B
Revenue(TTM)21.50B
Net Income(TTM)7.19B
Analysts82.22
Price Target113.95 (-2.72%)
Short Float %2%
Short Ratio2.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
Yearly Dividend1
Dividend Growth(5Y)-5.4%
DP15.53%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.37%
Min EPS beat(2)18.31%
Max EPS beat(2)20.44%
EPS beat(4)4
Avg EPS beat(4)26.31%
Min EPS beat(4)18.31%
Max EPS beat(4)38.22%
EPS beat(8)7
Avg EPS beat(8)21.79%
EPS beat(12)8
Avg EPS beat(12)12.12%
EPS beat(16)9
Avg EPS beat(16)5.58%
Revenue beat(2)2
Avg Revenue beat(2)6.38%
Min Revenue beat(2)5.52%
Max Revenue beat(2)7.24%
Revenue beat(4)4
Avg Revenue beat(4)6.83%
Min Revenue beat(4)5.52%
Max Revenue beat(4)8.55%
Revenue beat(8)7
Avg Revenue beat(8)6.7%
Revenue beat(12)8
Avg Revenue beat(12)2.27%
Revenue beat(16)9
Avg Revenue beat(16)1.03%
PT rev (1m)2.71%
PT rev (3m)6.48%
EPS NQ rev (1m)5.95%
EPS NQ rev (3m)12.58%
EPS NY rev (1m)1.05%
EPS NY rev (3m)11.23%
Revenue NQ rev (1m)1.82%
Revenue NQ rev (3m)4.85%
Revenue NY rev (1m)0.41%
Revenue NY rev (3m)3.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.23 | ||
| Fwd PE | 14.06 | ||
| P/S | 5.94 | ||
| P/FCF | 20.41 | ||
| P/OCF | 13.65 | ||
| P/B | 3.85 | ||
| P/tB | 4.18 | ||
| EV/EBITDA | 10.73 |
EPS(TTM)5.79
EY4.94%
EPS(NY)8.33
Fwd EY7.11%
FCF(TTM)5.74
FCFY4.9%
OCF(TTM)8.58
OCFY7.33%
SpS19.7
BVpS30.45
TBVpS28.01
PEG (NY)0.24
PEG (5Y)0.94
Graham Number62.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.14% | ||
| ROE | 21.63% | ||
| ROCE | 18.77% | ||
| ROIC | 13.04% | ||
| ROICexc | 14.83% | ||
| ROICexgc | 15.79% | ||
| OM | 43.31% | ||
| PM (TTM) | 33.42% | ||
| GM | 60.71% | ||
| FCFM | 29.12% |
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%
ROICexgc growth 3Y27.94%
ROICexgc 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 Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.9 | ||
| Debt/EBITDA | 0.47 | ||
| Cap/Depr | 121.89% | ||
| Cap/Sales | 14.43% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.97% | ||
| Profit Quality | 87.13% | ||
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | 4.71 |
F-Score9
WACC10.48%
ROIC/WACC1.24
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)124.42%
EPS 3Y5.66%
EPS 5Y21.58%
EPS Q2Q%111.11%
EPS Next Y85.61%
EPS Next 2Y54.73%
EPS Next 3Y38.07%
EPS Next 5Y11.66%
Revenue 1Y (TTM)26.59%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%19.96%
Revenue Next Year20.38%
Revenue Next 2Y17.1%
Revenue Next 3Y12.93%
Revenue Next 5Y3.88%
EBIT growth 1Y201.16%
EBIT growth 3Y43.59%
EBIT growth 5Y30.75%
EBIT Next Year140.49%
EBIT Next 3Y47.25%
EBIT Next 5Y19.07%
FCF growth 1Y718.56%
FCF growth 3Y2.44%
FCF growth 5Y15.01%
OCF growth 1Y196.61%
OCF growth 3Y13.31%
OCF growth 5Y16.78%
NEWMONT CORP / NEM 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.
Can you provide the profitability details for NEWMONT CORP?
NEWMONT CORP (NEM) has a profitability rating of 8 / 10.
How financially healthy is NEWMONT CORP?
The financial health rating of NEWMONT CORP (NEM) is 7 / 10.
Can you provide the dividend sustainability for NEM stock?
The dividend rating of NEWMONT CORP (NEM) is 3 / 10 and the dividend payout ratio is 15.53%.