Logo image of NEM

NEWMONT CORP (NEM) Stock Fundamental Analysis

USA - NYSE:NEM - US6516391066 - Common Stock

79.235 USD
-0.42 (-0.52%)
Last: 9/12/2025, 3:40:09 PM
Fundamental Rating

7

NEM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 155 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. NEM may be a bit undervalued, certainly considering the very reasonable score on growth This makes NEM very considerable for value and quality investing!


Dividend Valuation Growth Profitability Health

Quickly go to:

8

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.
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

The Return On Assets of NEM (11.38%) is better than 91.61% of its industry peers.
Looking at the Return On Equity, with a value of 19.55%, NEM belongs to the top of the industry, outperforming 91.61% of the companies in the same industry.
NEM's Return On Invested Capital of 11.01% is amongst the best of the industry. NEM outperforms 84.52% 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 13.00%.
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 93.55% of its industry peers.
NEM's Profit Margin has declined in the last couple of years.
NEM has a better Operating Margin (38.86%) than 90.32% of its industry peers.
In the last couple of years the Operating Margin of NEM has grown nicely.
NEM has a better Gross Margin (57.21%) than 90.97% of its industry peers.
NEM's Gross Margin has improved in the last couple of years.
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

More info and screens

7

2. Health

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.
Compared to 1 year ago, NEM has less shares outstanding
Compared to 5 years ago, NEM has more shares outstanding
Compared to 1 year ago, NEM has an improved debt to assets ratio.
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 3.29. This indicates that NEM is financially healthy and has little risk of bankruptcy at the moment.
NEM's Altman-Z score of 3.29 is in line compared to the rest of the industry. NEM outperforms 56.13% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 1.36, NEM belongs to the top of the industry, outperforming 85.81% 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.
Looking at the Debt to Equity ratio, with a value of 0.23, NEM is in line with its industry, outperforming 43.87% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF 1.36
Altman-Z 3.29
ROIC/WACC1.15
WACC9.54%
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

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.
A Quick Ratio of 1.74 indicates that NEM should not have too much problems paying its short term obligations.
NEM has a Quick ratio (1.74) which is in line with its industry peers.
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

More info and screens

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
NEM shows a strong growth in Revenue. In the last year, the Revenue has grown by 38.38%.
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

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 Y58.07%
EPS Next 2Y25.79%
EPS Next 3Y14.21%
EPS Next 5Y0.77%
Revenue Next Year14.1%
Revenue Next 2Y6.51%
Revenue Next 3Y4.38%
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

More info and screens

8

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 16.20, which indicates a correct valuation of NEM.
NEM's Price/Earnings ratio is rather cheap when compared to the industry. NEM is cheaper than 86.45% 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 27.43.
NEM is valuated correctly with a Price/Forward Earnings ratio of 14.39.
NEM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NEM is cheaper than 66.45% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NEM to the average of the S&P500 Index (22.87), we can say NEM is valued slightly cheaper.
Industry RankSector Rank
PE 16.2
Fwd PE 14.39
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

NEM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NEM is cheaper than 81.29% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NEM is valued cheaper than 88.39% of the companies in the same industry.
Industry RankSector Rank
P/FCF 15.6
EV/EBITDA 8.35
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

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 14.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.28
PEG (5Y)0.75
EPS Next 2Y25.79%
EPS Next 3Y14.21%

More info and screens

4

5. Dividend

5.1 Amount

NEM has a Yearly Dividend Yield of 1.34%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.74, NEM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, NEM's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.34%

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

17.99% of the earnings are spent on dividend by NEM. This is a low number and sustainable payout ratio.
DP17.99%
EPS Next 2Y25.79%
EPS Next 3Y14.21%
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

More info and screens

NEWMONT CORP

NYSE:NEM (9/12/2025, 3:40:09 PM)

79.235

-0.42 (-0.52%)

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 Change3.81%
Ins Owners0.08%
Ins Owner Change0.26%
Market Cap87.04B
Analysts80
Price Target77.14 (-2.64%)
Short Float %1.93%
Short Ratio1.93
Dividend
Industry RankSector Rank
Dividend Yield 1.34%
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)10.56%
PT rev (3m)16.8%
EPS NQ rev (1m)2.35%
EPS NQ rev (3m)43.19%
EPS NY rev (1m)15.19%
EPS NY rev (3m)23.08%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)9.11%
Revenue NY rev (1m)1.91%
Revenue NY rev (3m)8.95%
Valuation
Industry RankSector Rank
PE 16.2
Fwd PE 14.39
P/S 4.23
P/FCF 15.6
P/OCF 9.85
P/B 2.71
P/tB 2.95
EV/EBITDA 8.35
EPS(TTM)4.89
EY6.17%
EPS(NY)5.51
Fwd EY6.95%
FCF(TTM)5.08
FCFY6.41%
OCF(TTM)8.04
OCFY10.15%
SpS18.74
BVpS29.23
TBVpS26.81
PEG (NY)0.28
PEG (5Y)0.75
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 3.29
F-Score9
WACC9.54%
ROIC/WACC1.15
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 Y58.07%
EPS Next 2Y25.79%
EPS Next 3Y14.21%
EPS Next 5Y0.77%
Revenue 1Y (TTM)38.38%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%20.79%
Revenue Next Year14.1%
Revenue Next 2Y6.51%
Revenue Next 3Y4.38%
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%