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 40 industry peers in the Metals & Mining industry. NMM scores excellent on profitability, but there are some minor concerns on its financial health. NMM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
NMM had positive earnings in the past year.
NMM had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: NMM reported negative net income in multiple years.
Each year in the past 5 years NMM had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.94%, NMM is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
With an excellent Return On Equity value of 11.19%, NMM belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
NMM has a Return On Invested Capital of 8.38%. This is in the better half of the industry: NMM outperforms 80.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NMM is in line with the industry average of 6.04%.
The 3 year average ROIC (4.19%) for NMM is below the current ROIC(8.38%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.94% | ||
| ROE | 11.19% | ||
| ROIC | 8.38% |
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 17.92%, NMM belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
NMM's Profit Margin has declined in the last couple of years.
NMM has a Operating Margin of 31.52%. This is amongst the best in the industry. NMM outperforms 95.00% of its industry peers.
NMM's Operating Margin has improved in the last couple of years.
NMM has a Gross Margin of 52.02%. This is amongst the best in the industry. NMM outperforms 85.00% of its industry peers.
NMM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.52% | ||
| PM (TTM) | 17.92% | ||
| GM | 52.02% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NMM is destroying 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.
Compared to 1 year ago, NMM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.87 indicates that NMM is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.87, NMM perfoms like the industry average, outperforming 52.50% of the companies in the same industry.
The Debt to FCF ratio of NMM is 3.18, which is a good value as it means it would take NMM, 3.18 years of fcf income to pay off all of its debts.
NMM has a Debt to FCF ratio of 3.18. This is amongst the best in the industry. NMM outperforms 87.50% of its industry peers.
NMM has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.27, NMM is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 3.18 | ||
| Altman-Z | 1.87 |
ROIC/WACC0.87
WACC9.69%
2.3 Liquidity
NMM has a Current Ratio of 1.63. This is a normal value and indicates that NMM is financially healthy and should not expect problems in meeting its short term obligations.
NMM has a Current ratio (1.63) which is in line with its industry peers.
A Quick Ratio of 1.34 indicates that NMM should not have too much problems paying its short term obligations.
NMM has a Quick ratio of 1.34. This is in the better half of the industry: NMM outperforms 77.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
NMM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 118.87%, which is quite impressive.
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.
Looking at the last year, NMM shows a very strong growth in Revenue. The Revenue has grown by 58.16%.
Measured over the past years, NMM shows a quite strong growth in Revenue. The Revenue has been growing by 13.91% on average per year.
EPS 1Y (TTM)118.87%
EPS 3Y5.66%
EPS 5Y21.58%
EPS Q2Q%180%
Revenue 1Y (TTM)58.16%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%42.84%
3.2 Future
NMM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -6.18% yearly.
NMM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.32% yearly.
EPS Next Y13.58%
EPS Next 2Y11.25%
EPS Next 3Y14.49%
EPS Next 5Y-6.18%
Revenue Next Year4.57%
Revenue Next 2Y2.05%
Revenue Next 3Y4.9%
Revenue Next 5Y-3.32%
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
The Price/Earnings ratio is 12.62, which indicates a correct valuation of NMM.
77.50% of the companies in the same industry are more expensive than NMM, based on the Price/Earnings ratio.
NMM is valuated cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 11.12, the valuation of NMM can be described as reasonable.
NMM's Price/Forward Earnings ratio is in line with the industry average.
NMM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.62 | ||
| Fwd PE | 11.12 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as NMM.
Based on the Price/Free Cash Flow ratio, NMM is valued a bit cheaper than 72.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.55 | ||
| EV/EBITDA | 6.48 |
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 excellent profitability rating of NMM may justify a higher PE ratio.
A more expensive valuation may be justified as NMM's earnings are expected to grow with 14.49% in the coming years.
PEG (NY)0.93
PEG (5Y)0.58
EPS Next 2Y11.25%
EPS Next 3Y14.49%
5. Dividend
5.1 Amount
NMM has a Yearly Dividend Yield of 2.28%.
Compared to an average industry Dividend Yield of 3.52, NMM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, NMM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.28% |
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
34.20% of the earnings are spent on dividend by NMM. This is a low number and sustainable payout ratio.
NMM's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP34.2%
EPS Next 2Y11.25%
EPS Next 3Y14.49%
FRA:NMM (3/7/2025, 7:00:00 PM)
40.495
-0.1 (-0.25%)
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 Cap45.63B
Analysts78.33
Price Target52.12 (28.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.28% |
Yearly Dividend0.93
Dividend Growth(5Y)-5.4%
DP34.2%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)10.76%
Min EPS beat(2)-6.75%
Max EPS beat(2)28.27%
EPS beat(4)3
Avg EPS beat(4)22.39%
Min EPS beat(4)-6.75%
Max EPS beat(4)52.77%
EPS beat(8)5
Avg EPS beat(8)9.16%
EPS beat(12)5
Avg EPS beat(12)0.96%
EPS beat(16)7
Avg EPS beat(16)-0.47%
Revenue beat(2)1
Avg Revenue beat(2)3.07%
Min Revenue beat(2)-2.42%
Max Revenue beat(2)8.55%
Revenue beat(4)3
Avg Revenue beat(4)5.31%
Min Revenue beat(4)-2.42%
Max Revenue beat(4)9.2%
Revenue beat(8)4
Avg Revenue beat(8)0.83%
Revenue beat(12)5
Avg Revenue beat(12)-0.22%
Revenue beat(16)6
Avg Revenue beat(16)-1.66%
PT rev (1m)-0.46%
PT rev (3m)-5.4%
EPS NQ rev (1m)-7.98%
EPS NQ rev (3m)0.74%
EPS NY rev (1m)-2.05%
EPS NY rev (3m)1.42%
Revenue NQ rev (1m)0.96%
Revenue NQ rev (3m)0.88%
Revenue NY rev (1m)-0.94%
Revenue NY rev (3m)-0.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.62 | ||
| Fwd PE | 11.12 | ||
| P/S | 2.65 | ||
| P/FCF | 17.55 | ||
| P/OCF | 7.96 | ||
| P/B | 1.66 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | 6.48 |
EPS(TTM)3.21
EY7.93%
EPS(NY)3.64
Fwd EY8.99%
FCF(TTM)2.31
FCFY5.7%
OCF(TTM)5.09
OCFY12.56%
SpS15.27
BVpS24.46
TBVpS22.29
PEG (NY)0.93
PEG (5Y)0.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.94% | ||
| ROE | 11.19% | ||
| ROCE | 12.07% | ||
| ROIC | 8.38% | ||
| ROICexc | 9.06% | ||
| ROICexgc | 9.63% | ||
| OM | 31.52% | ||
| PM (TTM) | 17.92% | ||
| GM | 52.02% | ||
| FCFM | 15.11% |
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%
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-Score8
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 3.18 | ||
| Debt/EBITDA | 0.94 | ||
| Cap/Depr | 132.07% | ||
| Cap/Sales | 18.21% | ||
| Interest Coverage | 18.58 | ||
| Cash Conversion | 73.54% | ||
| Profit Quality | 84.32% | ||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 1.87 |
F-Score8
WACC9.69%
ROIC/WACC0.87
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)118.87%
EPS 3Y5.66%
EPS 5Y21.58%
EPS Q2Q%180%
EPS Next Y13.58%
EPS Next 2Y11.25%
EPS Next 3Y14.49%
EPS Next 5Y-6.18%
Revenue 1Y (TTM)58.16%
Revenue growth 3Y15.19%
Revenue growth 5Y13.91%
Sales Q2Q%42.84%
Revenue Next Year4.57%
Revenue Next 2Y2.05%
Revenue Next 3Y4.9%
Revenue Next 5Y-3.32%
EBIT growth 1Y738.89%
EBIT growth 3Y43.59%
EBIT growth 5Y30.75%
EBIT Next Year74.63%
EBIT Next 3Y26.72%
EBIT Next 5Y6.69%
FCF growth 1Y2810.31%
FCF growth 3Y2.44%
FCF growth 5Y15.01%
OCF growth 1Y125.3%
OCF growth 3Y13.31%
OCF growth 5Y16.78%