NEWMONT CORP (NMM.DE) Stock Fundamental Analysis
FRA:NMM - Deutsche Boerse Ag - US6516391066 - Common Stock - Currency: EUR
Overall NMM gets a fundamental rating of 6 out of 10. We evaluated NMM against 39 industry peers in the Metals & Mining industry. While NMM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. NMM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
NMM had positive earnings in the past year.
In the past year NMM had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: NMM reported negative net income in multiple years.
NMM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NMM has a better Return On Assets (9.13%) than 89.74% of its industry peers.
The Return On Equity of NMM (16.22%) is better than 87.18% of its industry peers.
With an excellent Return On Invested Capital value of 9.63%, NMM belongs to the best of the industry, outperforming 82.05% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NMM is in line with the industry average of 6.07%.
The last Return On Invested Capital (9.63%) for NMM is above the 3 year average (4.19%), which is a sign of increasing profitability.
| 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
NMM's Profit Margin of 25.77% is amongst the best of the industry. NMM outperforms 92.31% of its industry peers.
In the last couple of years the Profit Margin of NMM has declined.
NMM has a Operating Margin of 35.28%. This is amongst the best in the industry. NMM outperforms 94.87% of its industry peers.
In the last couple of years the Operating Margin of NMM has grown nicely.
Looking at the Gross Margin, with a value of 54.43%, NMM belongs to the top of the industry, outperforming 82.05% of the companies in the same industry.
In the last couple of years the Gross Margin of NMM 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
NMM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, NMM has less shares outstanding
Compared to 5 years ago, NMM has more shares outstanding
Compared to 1 year ago, NMM has an improved debt to assets ratio.
2.2 Solvency
NMM has an Altman-Z score of 2.37. This is not the best score and indicates that NMM is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.37, NMM is doing good in the industry, outperforming 66.67% of the companies in the same industry.
The Debt to FCF ratio of NMM is 1.78, which is an excellent value as it means it would take NMM, only 1.78 years of fcf income to pay off all of its debts.
NMM's Debt to FCF ratio of 1.78 is amongst the best of the industry. NMM outperforms 89.74% of its industry peers.
NMM has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
NMM's Debt to Equity ratio of 0.25 is in line compared to the rest of the industry. NMM outperforms 46.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 1.78 | ||
| Altman-Z | 2.37 |
ROIC/WACC0.99
WACC9.69%
2.3 Liquidity
NMM has a Current Ratio of 1.98. This is a normal value and indicates that NMM is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.98, NMM is doing good in the industry, outperforming 71.79% of the companies in the same industry.
A Quick Ratio of 1.56 indicates that NMM should not have too much problems paying its short term obligations.
The Quick ratio of NMM (1.56) is better than 79.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 140.23% over the past year.
Measured over the past years, NMM 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!
The Revenue has been growing by 13.91% on average over the past years. This is quite good.
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
Based on estimates for the next years, NMM will show a small growth in Earnings Per Share. The EPS will grow by 3.54% on average per year.
Based on estimates for the next years, NMM will show a decrease in Revenue. The Revenue will decrease by -5.25% on average per year.
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
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
NMM is valuated correctly with a Price/Earnings ratio of 12.79.
61.54% of the companies in the same industry are more expensive than NMM, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.79, NMM is valued rather cheaply.
A Price/Forward Earnings ratio of 12.22 indicates a correct valuation of NMM.
NMM's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of NMM to the average of the S&P500 Index (21.38), we can say NMM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.79 | ||
| Fwd PE | 12.22 |
4.2 Price Multiples
NMM's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, NMM is valued cheaper than 82.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.4 | ||
| EV/EBITDA | 6.72 |
4.3 Compensation for Growth
NMM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NMM has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.8
PEG (5Y)0.59
EPS Next 2Y12.13%
EPS Next 3Y6.13%
5. Dividend
5.1 Amount
NMM has a Yearly Dividend Yield of 1.80%.
Compared to an average industry Dividend Yield of 3.70, NMM has a dividend in line with its industry peers.
NMM's Dividend Yield is slightly below the S&P500 average, which is at 2.47.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
5.2 History
The dividend of NMM decreases each year by -5.40%.
Dividend Growth(5Y)-5.4%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NMM 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%
FRA:NMM (4/25/2025, 7:00:00 PM)
47.06
-1.12 (-2.33%)
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 Cap53.05B
Analysts79.17
Price Target55.17 (17.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
Yearly Dividend0.88
Dividend Growth(5Y)-5.4%
DP22.47%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)5.86%
PT rev (3m)-0.34%
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 | 12.79 | ||
| Fwd PE | 12.22 | ||
| P/S | 3.06 | ||
| P/FCF | 13.4 | ||
| P/OCF | 7.65 | ||
| P/B | 1.93 | ||
| P/tB | 2.11 | ||
| EV/EBITDA | 6.72 |
EPS(TTM)3.68
EY7.82%
EPS(NY)3.85
Fwd EY8.19%
FCF(TTM)3.51
FCFY7.46%
OCF(TTM)6.15
OCFY13.07%
SpS15.36
BVpS24.41
TBVpS22.33
PEG (NY)0.8
PEG (5Y)0.59
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 | 2.37 |
F-Score7
WACC9.69%
ROIC/WACC0.99
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%