Newmont Corporation (NGT.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:NGT • US6516391066

116 CAD
-1.24 (-1.06%)
Last: Sep 24, 2025, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

7

Overall NGT gets a fundamental rating of 7 out of 10. We evaluated NGT against 812 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 could make NGT a good candidate for value and quality investing.


Dividend Valuation Growth Profitability Health

8

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.
  • The reported net income has been mixed in the past 5 years: NGT reported negative net income in multiple years.
  • NGT had a positive operating cash flow in each of the past 5 years.
NGT.CA Yearly Net Income VS EBIT VS OCF VS FCFNGT.CA 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 0 2B -2B 4B 6B

1.2 Ratios

  • The Return On Assets of NGT (11.38%) is better than 93.43% of its industry peers.
  • The Return On Equity of NGT (19.55%) is better than 95.38% of its industry peers.
  • NGT has a better Return On Invested Capital (11.01%) than 95.38% 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 12.05%.
  • The last Return On Invested Capital (11.01%) for NGT 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%
NGT.CA Yearly ROA, ROE, ROICNGT.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

  • The Profit Margin of NGT (30.49%) is better than 96.84% of its industry peers.
  • NGT's Profit Margin has declined in the last couple of years.
  • NGT has a Operating Margin of 38.86%. This is amongst the best in the industry. NGT outperforms 96.84% of its industry peers.
  • NGT's Operating Margin has improved in the last couple of years.
  • With an excellent Gross Margin value of 57.21%, NGT belongs to the best of the industry, outperforming 96.72% of the companies in the same industry.
  • NGT'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%
NGT.CA Yearly Profit, Operating, Gross MarginsNGT.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

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.
  • The number of shares outstanding for NGT has been increased compared to 5 years ago.
  • NGT has a better debt/assets ratio than last year.
NGT.CA Yearly Shares OutstandingNGT.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
NGT.CA Yearly Total Debt VS Total AssetsNGT.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.2 Solvency

  • NGT has an Altman-Z score of 3.39. This indicates that NGT is financially healthy and has little risk of bankruptcy at the moment.
  • With a Altman-Z score value of 3.39, NGT perfoms like the industry average, outperforming 54.50% of the companies in the same industry.
  • NGT has a debt to FCF ratio of 1.36. This is a very positive value and a sign of high solvency as it would only need 1.36 years to pay back of all of its debts.
  • The Debt to FCF ratio of NGT (1.36) is better than 93.80% of its industry peers.
  • A Debt/Equity ratio of 0.23 indicates that NGT is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.23, NGT is doing worse than 68.61% of the companies in the same industry.
  • Even though the debt/equity ratio score it not favorable for NGT, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF 1.36
Altman-Z 3.39
ROIC/WACC1.21
WACC9.08%
NGT.CA Yearly LT Debt VS Equity VS FCFNGT.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 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 NGT has no problem at all paying its short term obligations.
  • The Current ratio of NGT (2.23) is comparable to the rest of the industry.
  • NGT has a Quick Ratio of 1.74. This is a normal value and indicates that NGT is financially healthy and should not expect problems in meeting its short term obligations.
  • NGT's Quick ratio of 1.74 is in line compared to the rest of the industry. NGT outperforms 52.07% of its industry peers.
Industry RankSector Rank
Current Ratio 2.23
Quick Ratio 1.74
NGT.CA Yearly Current Assets VS Current LiabilitesNGT.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 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. 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
  • NGT shows a strong growth in Revenue. In the last year, the Revenue has grown by 38.38%.
  • NGT 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

  • NGT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.43% yearly.
  • NGT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.53% yearly.
EPS Next Y60.56%
EPS Next 2Y28.01%
EPS Next 3Y17.7%
EPS Next 5Y4.43%
Revenue Next Year15.23%
Revenue Next 2Y8.42%
Revenue Next 3Y5.5%
Revenue Next 5Y-1.53%

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.
NGT.CA Yearly Revenue VS EstimatesNGT.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B
NGT.CA Yearly EPS VS EstimatesNGT.CA 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

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 16.98 indicates a correct valuation of NGT.
  • Based on the Price/Earnings ratio, NGT is valued cheaper than 93.43% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of NGT to the average of the S&P500 Index (28.23), we can say NGT is valued slightly cheaper.
  • Based on the Price/Forward Earnings ratio of 14.57, the valuation of NGT can be described as correct.
  • 90.88% of the companies in the same industry are more expensive than NGT, based on the Price/Forward Earnings ratio.
  • NGT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.01.
Industry RankSector Rank
PE 16.98
Fwd PE 14.57
NGT.CA Price Earnings VS Forward Price EarningsNGT.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

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 95.62% of the companies listed in the same industry.
  • 95.62% of the companies in the same industry are more expensive than NGT, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 16.35
EV/EBITDA 8.71
NGT.CA Per share dataNGT.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

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.
  • NGT's earnings are expected to grow with 17.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.28
PEG (5Y)0.79
EPS Next 2Y28.01%
EPS Next 3Y17.7%

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

4

5. Dividend

5.1 Amount

  • NGT has a Yearly Dividend Yield of 1.16%.
  • NGT's Dividend Yield is rather good when compared to the industry average which is at 0.40. NGT pays more dividend than 97.08% of the companies in the same industry.
  • NGT's Dividend Yield is slightly below the S&P500 average, which is at 1.79.
Industry RankSector Rank
Dividend Yield 1.16%

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
NGT.CA Yearly Dividends per shareNGT.CA Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2

5.3 Sustainability

  • NGT pays out 17.99% of its income as dividend. This is a sustainable payout ratio.
DP17.99%
EPS Next 2Y28.01%
EPS Next 3Y17.7%
NGT.CA Yearly Income VS Free CF VS DividendNGT.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B
NGT.CA Dividend Payout.NGT.CA Dividend Payout, showing the Payout Ratio.NGT.CA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

Newmont Corporation

TSX:NGT (9/24/2025, 7:00:00 PM)

116

-1.24 (-1.06%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)07-24
Earnings (Next)10-23
Inst Owners80.06%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap127.42B
Revenue(TTM)20.58B
Net Income(TTM)6.28B
Analysts80
Price Target110.02 (-5.16%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.16%
Yearly Dividend1.4
Dividend Growth(5Y)-5.4%
DP17.99%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)4.14%
PT rev (3m)20.32%
EPS NQ rev (1m)1.41%
EPS NQ rev (3m)21.1%
EPS NY rev (1m)1.57%
EPS NY rev (3m)25.19%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)5.25%
Revenue NY rev (1m)0.99%
Revenue NY rev (3m)9.57%
Valuation
Industry RankSector Rank
PE 16.98
Fwd PE 14.57
P/S 4.43
P/FCF 16.35
P/OCF 10.33
P/B 2.84
P/tB 3.1
EV/EBITDA 8.71
EPS(TTM)6.83
EY5.89%
EPS(NY)7.96
Fwd EY6.86%
FCF(TTM)7.09
FCFY6.12%
OCF(TTM)11.23
OCFY9.68%
SpS26.17
BVpS40.83
TBVpS37.45
PEG (NY)0.28
PEG (5Y)0.79
Graham NumberN/A
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%
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 Turnover0.37
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 3.39
F-Score9
WACC9.08%
ROIC/WACC1.21
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 Y60.56%
EPS Next 2Y28.01%
EPS Next 3Y17.7%
EPS Next 5Y4.43%
Revenue 1Y (TTM)38.38%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%20.79%
Revenue Next Year15.23%
Revenue Next 2Y8.42%
Revenue Next 3Y5.5%
Revenue Next 5Y-1.53%
EBIT growth 1Y286.99%
EBIT growth 3Y43.59%
EBIT growth 5Y30.75%
EBIT Next Year113.95%
EBIT Next 3Y30.46%
EBIT Next 5Y9.79%
FCF growth 1Y1700%
FCF growth 3Y2.44%
FCF growth 5Y15.01%
OCF growth 1Y236.2%
OCF growth 3Y13.31%
OCF growth 5Y16.78%

Newmont Corporation / NGT.CA FAQ

What is the fundamental rating for NGT stock?

ChartMill assigns a fundamental rating of 7 / 10 to NGT.CA.


What is the valuation status for NGT stock?

ChartMill assigns a valuation rating of 8 / 10 to Newmont Corporation (NGT.CA). This can be considered as Undervalued.


What is the profitability of NGT stock?

Newmont Corporation (NGT.CA) has a profitability rating of 8 / 10.


What are the PE and PB ratios of Newmont Corporation (NGT.CA) stock?

The Price/Earnings (PE) ratio for Newmont Corporation (NGT.CA) is 16.98 and the Price/Book (PB) ratio is 2.84.


What is the financial health of Newmont Corporation (NGT.CA) stock?

The financial health rating of Newmont Corporation (NGT.CA) is 7 / 10.