NEWMONT CORP (NEM) Fundamental Analysis & Valuation

NYSE:NEM • US6516391066

Current stock price

110.494 USD
+0.3 (+0.28%)
Last:

This NEM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. NEM Profitability Analysis

1.1 Basic Checks

  • In the past year NEM was profitable.
  • In the past year NEM had a positive cash flow from operations.
  • 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B 8B 10B

1.2 Ratios

  • NEM has a Return On Assets of 12.40%. This is amongst the best in the industry. NEM outperforms 87.90% of its industry peers.
  • NEM has a Return On Equity of 20.92%. This is amongst the best in the industry. NEM outperforms 91.72% of its industry peers.
  • NEM has a better Return On Invested Capital (13.70%) than 86.62% of its industry peers.
  • NEM had an Average Return On Invested Capital over the past 3 years of 7.47%. This is below the industry average of 11.64%.
  • The last Return On Invested Capital (13.70%) for NEM is above the 3 year average (7.47%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 12.4%
ROE 20.92%
ROIC 13.7%
ROA(3y)4.62%
ROA(5y)3.12%
ROE(3y)7.84%
ROE(5y)5.32%
ROIC(3y)7.47%
ROIC(5y)5.75%
NEM Yearly ROA, ROE, ROICNEM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10 15 20

1.3 Margins

  • Looking at the Profit Margin, with a value of 31.25%, NEM belongs to the top of the industry, outperforming 91.08% of the companies in the same industry.
  • In the last couple of years the Profit Margin of NEM has grown nicely.
  • With an excellent Operating Margin value of 48.19%, NEM belongs to the best of the industry, outperforming 93.63% of the companies in the same industry.
  • In the last couple of years the Operating Margin of NEM has grown nicely.
  • The Gross Margin of NEM (64.33%) is better than 92.36% of its industry peers.
  • In the last couple of years the Gross Margin of NEM has grown nicely.
Industry RankSector Rank
OM 48.19%
PM (TTM) 31.25%
GM 64.33%
OM growth 3Y51.85%
OM growth 5Y11.44%
PM growth 3YN/A
PM growth 5Y4.9%
GM growth 3Y12.06%
GM growth 5Y2.67%
NEM Yearly Profit, Operating, Gross MarginsNEM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. NEM Health Analysis

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.
  • Compared to 1 year ago, NEM has more shares outstanding
  • NEM has more shares outstanding than it did 5 years ago.
  • NEM has a better debt/assets ratio than last year.
NEM Yearly Shares OutstandingNEM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
NEM Yearly Total Debt VS Total AssetsNEM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.2 Solvency

  • An Altman-Z score of 4.36 indicates that NEM is not in any danger for bankruptcy at the moment.
  • With a decent Altman-Z score value of 4.36, NEM is doing good in the industry, outperforming 61.78% of the companies in the same industry.
  • NEM has a debt to FCF ratio of 0.75. This is a very positive value and a sign of high solvency as it would only need 0.75 years to pay back of all of its debts.
  • NEM's Debt to FCF ratio of 0.75 is amongst the best of the industry. NEM outperforms 87.90% of its industry peers.
  • NEM has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
  • With a Debt to Equity ratio value of 0.16, NEM perfoms like the industry average, outperforming 52.87% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 0.75
Altman-Z 4.36
ROIC/WACC1.19
WACC11.54%
NEM Yearly LT Debt VS Equity VS FCFNEM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.3 Liquidity

  • NEM has a Current Ratio of 2.29. This indicates that NEM is financially healthy and has no problem in meeting its short term obligations.
  • NEM has a Current ratio of 2.29. This is comparable to the rest of the industry: NEM outperforms 49.04% of its industry peers.
  • A Quick Ratio of 1.82 indicates that NEM should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.82, NEM perfoms like the industry average, outperforming 56.05% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.29
Quick Ratio 1.82
NEM Yearly Current Assets VS Current LiabilitesNEM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. NEM Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 98.56% over the past year.
  • NEM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.13% yearly.
  • Looking at the last year, NEM shows a very strong growth in Revenue. The Revenue has grown by 21.34%.
  • Measured over the past years, NEM shows a quite strong growth in Revenue. The Revenue has been growing by 14.54% on average per year.
EPS 1Y (TTM)98.56%
EPS 3Y54.88%
EPS 5Y21.13%
EPS Q2Q%80%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y23.91%
Revenue growth 5Y14.54%
Sales Q2Q%20.63%

3.2 Future

  • The Earnings Per Share is expected to decrease by -8.41% on average over the next years.
  • NEM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -9.32% yearly.
EPS Next Y34.19%
EPS Next 2Y21.22%
EPS Next 3Y13.69%
EPS Next 5Y-8.41%
Revenue Next Year22.51%
Revenue Next 2Y12.89%
Revenue Next 3Y8.86%
Revenue Next 5Y-9.32%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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.
NEM Yearly Revenue VS EstimatesNEM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B
NEM Yearly EPS VS EstimatesNEM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

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Find the best growth stocksShow best growing peers

8

4. NEM Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 15.99, which indicates a correct valuation of NEM.
  • Compared to the rest of the industry, the Price/Earnings ratio of NEM indicates a rather cheap valuation: NEM is cheaper than 87.26% of the companies listed in the same industry.
  • NEM is valuated rather cheaply when we compare the Price/Earnings ratio to 25.96, which is the current average of the S&P500 Index.
  • NEM is valuated reasonably with a Price/Forward Earnings ratio of 11.92.
  • Based on the Price/Forward Earnings ratio, NEM is valued a bit cheaper than 75.80% of the companies in the same industry.
  • NEM is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 15.99
Fwd PE 11.92
NEM Price Earnings VS Forward Price EarningsNEM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 81.53% of the companies in the same industry are more expensive than NEM, based on the Enterprise Value to EBITDA ratio.
  • 91.72% of the companies in the same industry are more expensive than NEM, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 16.16
EV/EBITDA 8.67
NEM Per share dataNEM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • NEM's 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 13.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.47
PEG (5Y)0.76
EPS Next 2Y21.22%
EPS Next 3Y13.69%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. NEM Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.91%, NEM is not a good candidate for dividend investing.
  • NEM's Dividend Yield is a higher than the industry average which is at 1.08.
  • With a Dividend Yield of 0.91, NEM pays less dividend than the S&P500 average, which is at 1.91.
Industry RankSector Rank
Dividend Yield 0.91%

5.2 History

  • The dividend of NEM decreases each year by -8.39%.
  • NEM has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-8.39%
Div Incr Years0
Div Non Decr Years0
NEM Yearly Dividends per shareNEM Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • 15.61% of the earnings are spent on dividend by NEM. This is a low number and sustainable payout ratio.
  • NEM's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP15.61%
EPS Next 2Y21.22%
EPS Next 3Y13.69%
NEM Yearly Income VS Free CF VS DividendNEM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B
NEM Dividend Payout.NEM Dividend Payout, showing the Payout Ratio.NEM Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

NEM Fundamentals: All Metrics, Ratios and Statistics

NEWMONT CORP

NYSE:NEM (3/17/2026, 1:31:08 PM)

110.494

+0.3 (+0.28%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-19
Earnings (Next)04-21
Inst Owners80.74%
Inst Owner Change-2.66%
Ins Owners0.07%
Ins Owner Change-1.13%
Market Cap120.20B
Revenue(TTM)22.67B
Net Income(TTM)7.08B
Analysts82.07
Price Target133.14 (20.5%)
Short Float %2.07%
Short Ratio2.27
Dividend
Industry RankSector Rank
Dividend Yield 0.91%
Yearly Dividend0.67
Dividend Growth(5Y)-8.39%
DP15.61%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-03
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.5%
Min EPS beat(2)18.31%
Max EPS beat(2)24.7%
EPS beat(4)4
Avg EPS beat(4)25.42%
Min EPS beat(4)18.31%
Max EPS beat(4)38.22%
EPS beat(8)7
Avg EPS beat(8)23.9%
EPS beat(12)9
Avg EPS beat(12)14.58%
EPS beat(16)9
Avg EPS beat(16)7.07%
Revenue beat(2)2
Avg Revenue beat(2)7.54%
Min Revenue beat(2)5.52%
Max Revenue beat(2)9.56%
Revenue beat(4)4
Avg Revenue beat(4)7.09%
Min Revenue beat(4)5.52%
Max Revenue beat(4)9.56%
Revenue beat(8)7
Avg Revenue beat(8)6.2%
Revenue beat(12)8
Avg Revenue beat(12)2.92%
Revenue beat(16)9
Avg Revenue beat(16)1.61%
PT rev (1m)7.18%
PT rev (3m)25.62%
EPS NQ rev (1m)6.66%
EPS NQ rev (3m)20.2%
EPS NY rev (1m)8.24%
EPS NY rev (3m)23.55%
Revenue NQ rev (1m)7.92%
Revenue NQ rev (3m)14.39%
Revenue NY rev (1m)6.1%
Revenue NY rev (3m)13.12%
Valuation
Industry RankSector Rank
PE 15.99
Fwd PE 11.92
P/S 5.3
P/FCF 16.16
P/OCF 11.48
P/B 3.55
P/tB 3.85
EV/EBITDA 8.67
EPS(TTM)6.91
EY6.25%
EPS(NY)9.27
Fwd EY8.39%
FCF(TTM)6.84
FCFY6.19%
OCF(TTM)9.63
OCFY8.71%
SpS20.84
BVpS31.13
TBVpS28.69
PEG (NY)0.47
PEG (5Y)0.76
Graham Number69.57
Profitability
Industry RankSector Rank
ROA 12.4%
ROE 20.92%
ROCE 21.25%
ROIC 13.7%
ROICexc 16.32%
ROICexgc 17.39%
OM 48.19%
PM (TTM) 31.25%
GM 64.33%
FCFM 32.81%
ROA(3y)4.62%
ROA(5y)3.12%
ROE(3y)7.84%
ROE(5y)5.32%
ROIC(3y)7.47%
ROIC(5y)5.75%
ROICexc(3y)8.57%
ROICexc(5y)6.59%
ROICexgc(3y)9.12%
ROICexgc(5y)7.03%
ROCE(3y)11.58%
ROCE(5y)8.92%
ROICexgc growth 3Y69.91%
ROICexgc growth 5Y19.72%
ROICexc growth 3Y69.93%
ROICexc growth 5Y20.35%
OM growth 3Y51.85%
OM growth 5Y11.44%
PM growth 3YN/A
PM growth 5Y4.9%
GM growth 3Y12.06%
GM growth 5Y2.67%
F-Score9
Asset Turnover0.4
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 0.75
Debt/EBITDA 0.41
Cap/Depr 120.39%
Cap/Sales 13.39%
Interest Coverage 46.89
Cash Conversion 77.88%
Profit Quality 104.97%
Current Ratio 2.29
Quick Ratio 1.82
Altman-Z 4.36
F-Score9
WACC11.54%
ROIC/WACC1.19
Cap/Depr(3y)126.31%
Cap/Depr(5y)109.52%
Cap/Sales(3y)18.06%
Cap/Sales(5y)17.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)98.56%
EPS 3Y54.88%
EPS 5Y21.13%
EPS Q2Q%80%
EPS Next Y34.19%
EPS Next 2Y21.22%
EPS Next 3Y13.69%
EPS Next 5Y-8.41%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y23.91%
Revenue growth 5Y14.54%
Sales Q2Q%20.63%
Revenue Next Year22.51%
Revenue Next 2Y12.89%
Revenue Next 3Y8.86%
Revenue Next 5Y-9.32%
EBIT growth 1Y85.52%
EBIT growth 3Y88.16%
EBIT growth 5Y27.65%
EBIT Next Year66.27%
EBIT Next 3Y19.57%
EBIT Next 5Y-8.4%
FCF growth 1Y163.44%
FCF growth 3Y89.72%
FCF growth 5Y15.75%
OCF growth 1Y68.22%
OCF growth 3Y48.16%
OCF growth 5Y16.49%

NEWMONT CORP / NEM Fundamental Analysis 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 15.61%.