NEWMONT CORP (NMM.DE) Stock Fundamental Analysis
FRA:NMM - Deutsche Boerse Ag - US6516391066 - Common Stock - Currency: EUR
Taking everything into account, NMM scores 6 out of 10 in our fundamental rating. NMM was compared to 35 industry peers in the Metals & Mining industry. NMM scores excellent points on both the profitability and health parts. This is a solid base for a good stock. NMM has a decent growth rate and is not valued too expensively. These ratings could make NMM a good candidate for quality investing.
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.
In the past 5 years NMM always reported a positive cash flow from operatings.
1.2 Ratios
NMM's Return On Assets of 9.13% is amongst the best of the industry. NMM outperforms 85.71% of its industry peers.
NMM's Return On Equity of 16.22% is amongst the best of the industry. NMM outperforms 88.57% of its industry peers.
The Return On Invested Capital of NMM (9.63%) is better than 80.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NMM is below the industry average of 7.32%.
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
Looking at the Profit Margin, with a value of 25.77%, NMM belongs to the top of the industry, outperforming 91.43% of the companies in the same industry.
NMM's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 35.28%, NMM belongs to the best of the industry, outperforming 88.57% of the companies in the same industry.
NMM's Operating Margin has improved in the last couple of years.
The Gross Margin of NMM (54.43%) is better than 77.14% of its industry peers.
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 just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for NMM has been reduced compared to 1 year ago.
NMM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NMM has been reduced compared to a year ago.
2.2 Solvency
NMM has an Altman-Z score of 2.54. 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.
The Altman-Z score of NMM (2.54) is comparable to the rest of the 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 has a better Debt to FCF ratio (1.78) than 82.86% of its industry peers.
A Debt/Equity ratio of 0.25 indicates that NMM is not too dependend on debt financing.
NMM has a worse Debt to Equity ratio (0.25) than 62.86% of its industry peers.
Although NMM 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 | 2.54 |
ROIC/WACC1.05
WACC9.19%
2.3 Liquidity
A Current Ratio of 1.98 indicates that NMM should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.98, NMM is doing good in the industry, outperforming 65.71% 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.
With a decent Quick ratio value of 1.56, NMM is doing good in the industry, outperforming 77.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
NMM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 140.23%, which is quite impressive.
NMM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.58% yearly.
NMM shows a strong growth in Revenue. In the last year, the Revenue has grown by 49.51%.
NMM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.91% yearly.
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 decrease by -9.00% on average over the next years.
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 Y28.25%
EPS Next 2Y15.08%
EPS Next 3Y9.13%
EPS Next 5Y-9%
Revenue Next Year5.17%
Revenue Next 2Y2.24%
Revenue Next 3Y1.08%
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.
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
NMM is valuated correctly with a Price/Earnings ratio of 14.32.
Based on the Price/Earnings ratio, NMM is valued a bit cheaper than 65.71% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.45. NMM is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 12.99, which indicates a correct valuation of NMM.
The rest of the industry has a similar Price/Forward Earnings ratio as NMM.
NMM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.32 | ||
| Fwd PE | 12.99 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NMM is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, NMM is valued cheaply inside the industry as 82.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.9 | ||
| EV/EBITDA | 7.44 |
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.
The decent profitability rating of NMM may justify a higher PE ratio.
PEG (NY)0.51
PEG (5Y)0.66
EPS Next 2Y15.08%
EPS Next 3Y9.13%
5. Dividend
5.1 Amount
NMM has a Yearly Dividend Yield of 1.67%.
Compared to an average industry Dividend Yield of 3.17, NMM has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.38, NMM is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
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
22.47% of the earnings are spent on dividend by NMM. This is a low number and sustainable payout ratio.
The Dividend Rate of NMM has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP22.47%
EPS Next 2Y15.08%
EPS Next 3Y9.13%
FRA:NMM (7/4/2025, 7:00:00 PM)
50.83
-0.31 (-0.61%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners75.44%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap56.57B
Analysts80
Price Target58.03 (14.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
Yearly Dividend0.85
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)33.24%
Min EPS beat(2)28.27%
Max EPS beat(2)38.22%
EPS beat(4)3
Avg EPS beat(4)18.75%
Min EPS beat(4)-6.75%
Max EPS beat(4)38.22%
EPS beat(8)5
Avg EPS beat(8)11.51%
EPS beat(12)6
Avg EPS beat(12)4.48%
EPS beat(16)8
Avg EPS beat(16)2.25%
Revenue beat(2)2
Avg Revenue beat(2)7.29%
Min Revenue beat(2)6.03%
Max Revenue beat(2)8.55%
Revenue beat(4)3
Avg Revenue beat(4)4.51%
Min Revenue beat(4)-2.42%
Max Revenue beat(4)8.55%
Revenue beat(8)5
Avg Revenue beat(8)2.04%
Revenue beat(12)6
Avg Revenue beat(12)0.46%
Revenue beat(16)7
Avg Revenue beat(16)-0.56%
PT rev (1m)-0.17%
PT rev (3m)14.16%
EPS NQ rev (1m)-0.1%
EPS NQ rev (3m)23.28%
EPS NY rev (1m)-0.13%
EPS NY rev (3m)40.11%
Revenue NQ rev (1m)-1.95%
Revenue NQ rev (3m)8.87%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.32 | ||
| Fwd PE | 12.99 | ||
| P/S | 3.39 | ||
| P/FCF | 14.9 | ||
| P/OCF | 8.49 | ||
| P/B | 2.13 | ||
| P/tB | 2.33 | ||
| EV/EBITDA | 7.44 |
EPS(TTM)3.55
EY6.98%
EPS(NY)3.91
Fwd EY7.7%
FCF(TTM)3.41
FCFY6.71%
OCF(TTM)5.99
OCFY11.78%
SpS15
BVpS23.83
TBVpS21.8
PEG (NY)0.51
PEG (5Y)0.66
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 | 22.75% |
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 | 83.06% | ||
| Profit Quality | 88.28% | ||
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | 2.54 |
F-Score7
WACC9.19%
ROIC/WACC1.05
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 Y28.25%
EPS Next 2Y15.08%
EPS Next 3Y9.13%
EPS Next 5Y-9%
Revenue 1Y (TTM)49.51%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%24.53%
Revenue Next Year5.17%
Revenue Next 2Y2.24%
Revenue Next 3Y1.08%
Revenue Next 5Y-5.25%
EBIT growth 1Y506.64%
EBIT growth 3Y43.59%
EBIT growth 5Y30.75%
EBIT Next Year88.5%
EBIT Next 3Y22.8%
EBIT Next 5Y3.64%
FCF growth 1Y468.62%
FCF growth 3Y2.44%
FCF growth 5Y15.01%
OCF growth 1Y161.16%
OCF growth 3Y13.31%
OCF growth 5Y16.78%