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 811 industry peers in the Metals & Mining industry. NGT 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 NGT. This makes NGT very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year NGT was profitable.
In the past year NGT had a positive cash flow from operations.
In multiple years NGT reported negative net income over the last 5 years.
Each year in the past 5 years NGT had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 9.13%, NGT belongs to the best of the industry, outperforming 93.59% of the companies in the same industry.
NGT has a Return On Equity of 16.22%. This is amongst the best in the industry. NGT outperforms 94.82% of its industry peers.
The Return On Invested Capital of NGT (9.63%) is better than 95.44% of its industry peers.
NGT had an Average Return On Invested Capital over the past 3 years of 4.19%. This is significantly below the industry average of 24.67%.
The 3 year average ROIC (4.19%) for NGT is below the current ROIC(9.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.13% | ||
| ROE | 16.22% | ||
| ROIC | 9.63% |
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 25.77%, NGT belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
In the last couple of years the Profit Margin of NGT has declined.
NGT has a Operating Margin of 35.28%. This is amongst the best in the industry. NGT outperforms 97.04% of its industry peers.
NGT's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 54.43%, NGT belongs to the best of the industry, outperforming 96.42% of the companies in the same industry.
In the last couple of years the Gross Margin of NGT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.28% | ||
| PM (TTM) | 25.77% | ||
| GM | 54.43% |
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), NGT is creating some value.
The number of shares outstanding for NGT has been reduced compared to 1 year ago.
Compared to 5 years ago, NGT has more shares outstanding
The debt/assets ratio for NGT has been reduced compared to a year ago.
2.2 Solvency
NGT has an Altman-Z score of 2.32. This is not the best score and indicates that NGT is in the grey zone with still only limited risk for bankruptcy at the moment.
NGT's Altman-Z score of 2.32 is in line compared to the rest of the industry. NGT outperforms 57.21% of its industry peers.
NGT has a debt to FCF ratio of 1.78. This is a very positive value and a sign of high solvency as it would only need 1.78 years to pay back of all of its debts.
NGT's Debt to FCF ratio of 1.78 is amongst the best of the industry. NGT outperforms 94.08% of its industry peers.
A Debt/Equity ratio of 0.25 indicates that NGT is not too dependend on debt financing.
NGT's Debt to Equity ratio of 0.25 is on the low side compared to the rest of the industry. NGT is outperformed by 67.32% 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 | 0.25 | ||
| Debt/FCF | 1.78 | ||
| Altman-Z | 2.32 |
ROIC/WACC1.01
WACC9.54%
2.3 Liquidity
NGT has a Current Ratio of 1.98. This is a normal value and indicates that NGT is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.98, NGT perfoms like the industry average, outperforming 55.73% of the companies in the same industry.
NGT has a Quick Ratio of 1.56. This is a normal value and indicates that NGT is financially healthy and should not expect problems in meeting its short term obligations.
NGT has a Quick ratio (1.56) which is in line with its industry peers.
NGT does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
NGT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 140.23%, which is quite impressive.
Measured over the past years, NGT shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.58% on average per year.
The Revenue has grown by 49.51% 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)140.23%
EPS 3Y5.66%
EPS 5Y21.58%
EPS Q2Q%127.27%
Revenue 1Y (TTM)49.51%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%24.53%
3.2 Future
The Earnings Per Share is expected to grow by 3.54% on average over the next years.
The Revenue is expected to decrease by -5.25% on average over the next years.
EPS Next Y15.92%
EPS Next 2Y12.13%
EPS Next 3Y6.13%
EPS Next 5Y3.54%
Revenue Next Year2.03%
Revenue Next 2Y1.02%
Revenue Next 3Y0.8%
Revenue Next 5Y-5.25%
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
A Price/Earnings ratio of 12.33 indicates a correct valuation of NGT.
NGT's Price/Earnings ratio is rather cheap when compared to the industry. NGT is cheaper than 93.34% of the companies in the same industry.
When comparing the Price/Earnings ratio of NGT to the average of the S&P500 Index (27.75), we can say NGT is valued rather cheaply.
The Price/Forward Earnings ratio is 11.78, which indicates a very decent valuation of NGT.
91.62% of the companies in the same industry are more expensive than NGT, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NGT to the average of the S&P500 Index (20.49), we can say NGT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.33 | ||
| Fwd PE | 11.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NGT indicates a rather cheap valuation: NGT is cheaper than 93.83% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, NGT is valued cheaper than 95.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.92 | ||
| EV/EBITDA | 6.49 |
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.
The excellent profitability rating of NGT may justify a higher PE ratio.
PEG (NY)0.77
PEG (5Y)0.57
EPS Next 2Y12.13%
EPS Next 3Y6.13%
5. Dividend
5.1 Amount
NGT has a Yearly Dividend Yield of 1.80%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.89, NGT pays a better dividend. On top of this NGT pays more dividend than 97.16% of the companies listed in the same industry.
NGT's Dividend Yield is slightly below the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
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
NGT pays out 22.47% of its income as dividend. This is a sustainable payout ratio.
DP22.47%
EPS Next 2Y12.13%
EPS Next 3Y6.13%
TSX:NGT (5/1/2025, 7:00:00 PM)
71.26
-1.34 (-1.85%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners73.84%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap80.33B
Analysts79.17
Price Target86.1 (20.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
Yearly Dividend1.39
Dividend Growth(5Y)-5.4%
DP22.47%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.01%
Min EPS beat(2)28.27%
Max EPS beat(2)37.75%
EPS beat(4)3
Avg EPS beat(4)18.63%
Min EPS beat(4)-6.75%
Max EPS beat(4)37.75%
EPS beat(8)5
Avg EPS beat(8)11.45%
EPS beat(12)6
Avg EPS beat(12)4.44%
EPS beat(16)8
Avg EPS beat(16)2.23%
Revenue beat(2)2
Avg Revenue beat(2)8.06%
Min Revenue beat(2)7.58%
Max Revenue beat(2)8.55%
Revenue beat(4)3
Avg Revenue beat(4)4.9%
Min Revenue beat(4)-2.42%
Max Revenue beat(4)8.55%
Revenue beat(8)5
Avg Revenue beat(8)2.24%
Revenue beat(12)6
Avg Revenue beat(12)0.59%
Revenue beat(16)7
Avg Revenue beat(16)-0.47%
PT rev (1m)7.81%
PT rev (3m)3.46%
EPS NQ rev (1m)31.17%
EPS NQ rev (3m)11.03%
EPS NY rev (1m)26.64%
EPS NY rev (3m)1.26%
Revenue NQ rev (1m)9.79%
Revenue NQ rev (3m)-0.44%
Revenue NY rev (1m)-2.43%
Revenue NY rev (3m)-3.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.33 | ||
| Fwd PE | 11.78 | ||
| P/S | 2.95 | ||
| P/FCF | 12.92 | ||
| P/OCF | 7.38 | ||
| P/B | 1.86 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 6.49 |
EPS(TTM)5.78
EY8.11%
EPS(NY)6.05
Fwd EY8.49%
FCF(TTM)5.52
FCFY7.74%
OCF(TTM)9.66
OCFY13.56%
SpS24.13
BVpS38.34
TBVpS35.07
PEG (NY)0.77
PEG (5Y)0.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.13% | ||
| ROE | 16.22% | ||
| ROCE | 13.85% | ||
| ROIC | 9.63% | ||
| ROICexc | 10.63% | ||
| ROICexgc | 11.29% | ||
| OM | 35.28% | ||
| PM (TTM) | 25.77% | ||
| GM | 54.43% | ||
| FCFM | 22.86% |
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-Score7
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 1.78 | ||
| Debt/EBITDA | 0.83 | ||
| Cap/Depr | 134.31% | ||
| Cap/Sales | 17.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.29% | ||
| Profit Quality | 88.72% | ||
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | 2.32 |
F-Score7
WACC9.54%
ROIC/WACC1.01
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)140.23%
EPS 3Y5.66%
EPS 5Y21.58%
EPS Q2Q%127.27%
EPS Next Y15.92%
EPS Next 2Y12.13%
EPS Next 3Y6.13%
EPS Next 5Y3.54%
Revenue 1Y (TTM)49.51%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%24.53%
Revenue Next Year2.03%
Revenue Next 2Y1.02%
Revenue Next 3Y0.8%
Revenue Next 5Y-5.25%
EBIT growth 1Y506.64%
EBIT growth 3Y43.59%
EBIT growth 5Y30.75%
EBIT Next Year68.24%
EBIT Next 3Y19.81%
EBIT Next 5Y6.02%
FCF growth 1Y471.41%
FCF growth 3Y2.44%
FCF growth 5Y15.01%
OCF growth 1Y161.89%
OCF growth 3Y13.31%
OCF growth 5Y16.78%