NEWMONT CORP (NGT.CA) Stock Fundamental Analysis
TSX:NGT - Toronto Stock Exchange - US6516391066 - Common Stock - Currency: CAD
Overall NGT gets a fundamental rating of 7 out of 10. We evaluated NGT against 794 industry peers in the Metals & Mining industry. NGT scores excellent points on both the profitability and health parts. This is a solid base for a good stock. NGT may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make NGT suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
NGT had positive earnings in the past year.
NGT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: NGT reported negative net income in multiple years.
Each year in the past 5 years NGT had a positive operating cash flow.
1.2 Ratios
NGT has a better Return On Assets (11.38%) than 93.95% of its industry peers.
NGT has a Return On Equity of 19.55%. This is amongst the best in the industry. NGT outperforms 94.58% of its industry peers.
NGT has a Return On Invested Capital of 11.01%. This is amongst the best in the industry. NGT outperforms 95.47% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NGT is significantly below the industry average of 11.36%.
The 3 year average ROIC (4.19%) for NGT is below the current ROIC(11.01%), indicating increased profibility in the last year.
| 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
NGT's Profit Margin of 30.49% is amongst the best of the industry. NGT outperforms 96.85% of its industry peers.
NGT's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 38.86%, NGT belongs to the best of the industry, outperforming 97.10% of the companies in the same industry.
In the last couple of years the Operating Margin of NGT has grown nicely.
The Gross Margin of NGT (57.21%) is better than 96.60% of its industry peers.
NGT'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
NGT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for NGT has been reduced compared to 1 year ago.
NGT has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NGT has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.97 indicates that NGT is not a great score, but indicates only limited risk for bankruptcy at the moment.
NGT has a Altman-Z score (2.97) which is comparable to the rest of the industry.
The Debt to FCF ratio of NGT is 1.36, which is an excellent value as it means it would take NGT, only 1.36 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.36, NGT belongs to the best of the industry, outperforming 93.95% of the companies in the same industry.
NGT has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
NGT's Debt to Equity ratio of 0.23 is on the low side compared to the rest of the industry. NGT is outperformed by 68.89% of its industry peers.
Although NGT does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.36 | ||
| Altman-Z | 2.97 |
ROIC/WACC1.14
WACC9.65%
2.3 Liquidity
A Current Ratio of 2.23 indicates that NGT has no problem at all paying its short term obligations.
NGT has a Current ratio (2.23) which is comparable to the rest of the industry.
A Quick Ratio of 1.74 indicates that NGT should not have too much problems paying its short term obligations.
NGT has a Quick ratio of 1.74. This is comparable to the rest of the industry: NGT outperforms 55.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.23 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
NGT 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
The Revenue has grown by 38.38% in the past year. This is a very strong growth!
Measured over the past years, NGT shows a quite strong growth in Revenue. The Revenue has been growing by 13.91% on average per year.
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, NGT will show a decrease in Earnings Per Share. The EPS will decrease by -9.00% on average per year.
The Revenue is expected to decrease by -5.25% on average over the next years.
EPS Next Y37.23%
EPS Next 2Y19.33%
EPS Next 3Y11.63%
EPS Next 5Y-9%
Revenue Next Year11.96%
Revenue Next 2Y5.6%
Revenue Next 3Y3.54%
Revenue Next 5Y-5.25%
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.02, NGT is valued correctly.
Based on the Price/Earnings ratio, NGT is valued cheaply inside the industry as 92.70% of the companies are valued more expensively.
NGT is valuated rather cheaply when we compare the Price/Earnings ratio to 27.11, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 13.84, the valuation of NGT can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NGT indicates a rather cheap valuation: NGT is cheaper than 89.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.78, NGT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.02 | ||
| Fwd PE | 13.84 |
4.2 Price Multiples
94.46% of the companies in the same industry are more expensive than NGT, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, NGT is valued cheaper than 95.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.5 | ||
| EV/EBITDA | 7.2 |
4.3 Compensation for Growth
NGT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NGT has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.38
PEG (5Y)0.65
EPS Next 2Y19.33%
EPS Next 3Y11.63%
5. Dividend
5.1 Amount
NGT has a Yearly Dividend Yield of 1.45%.
NGT's Dividend Yield is rather good when compared to the industry average which is at 17.11. NGT pays more dividend than 96.98% of the companies in the same industry.
NGT's Dividend Yield is slightly below the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
5.2 History
The dividend of NGT decreases each year by -5.40%.
NGT has been paying a dividend for over 5 years, so it has already some 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 NGT. This is a low number and sustainable payout ratio.
NGT's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP17.99%
EPS Next 2Y19.33%
EPS Next 3Y11.63%
TSX:NGT (8/13/2025, 7:00:00 PM)
94.38
-0.58 (-0.61%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners77.19%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap103.67B
Analysts80
Price Target98.38 (4.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
Yearly Dividend1.38
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)7.59%
PT rev (3m)8.02%
EPS NQ rev (1m)10.55%
EPS NQ rev (3m)39.9%
EPS NY rev (1m)0%
EPS NY rev (3m)18.38%
Revenue NQ rev (1m)3.06%
Revenue NQ rev (3m)9.24%
Revenue NY rev (1m)3.6%
Revenue NY rev (3m)6.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.02 | ||
| Fwd PE | 13.84 | ||
| P/S | 3.66 | ||
| P/FCF | 13.5 | ||
| P/OCF | 8.53 | ||
| P/B | 2.35 | ||
| P/tB | 2.56 | ||
| EV/EBITDA | 7.2 |
EPS(TTM)6.73
EY7.13%
EPS(NY)6.82
Fwd EY7.22%
FCF(TTM)6.99
FCFY7.41%
OCF(TTM)11.06
OCFY11.72%
SpS25.78
BVpS40.23
TBVpS36.9
PEG (NY)0.38
PEG (5Y)0.65
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 | 2.97 |
F-Score9
WACC9.65%
ROIC/WACC1.14
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 5Y-9%
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 5Y-5.25%
EBIT growth 1Y286.99%
EBIT growth 3Y43.59%
EBIT growth 5Y30.75%
EBIT Next Year112.69%
EBIT Next 3Y27.27%
EBIT Next 5Y3.64%
FCF growth 1Y1700%
FCF growth 3Y2.44%
FCF growth 5Y15.01%
OCF growth 1Y236.2%
OCF growth 3Y13.31%
OCF growth 5Y16.78%