NEM

Newmont Corporation

Fundamental data last updated:July 22, 2026

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company profile

SECTOR

Basic Materials

industry

Gold

Exchange

NYSE

County of HQ

US

Next Earnings Date

07/23/2026

Business Summary

Newmont Corporation is primarily involved in the mining and exploration of gold resources. Additionally, the company undertakes prospecting for other base and precious metals, including copper, silver, zinc, and lead. Its operations and assets are geographically widespread, located across various countries such as the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of the close of 2021 (December 31st), Newmont reported substantial proven and probable gold reserves, totaling 92.8 million ounces, and managed a vast land portfolio covering 62,800 square kilometers. Founded in 1916, the company's corporate headquarters are situated in Denver, Colorado.

 


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VALUATION

P/E

12.60

Market Cap ($M USD)

$104.83B

Forward P/E

10.98

PEG

0.74

PRICE TO SALES

4.29

PRICE TO BOOK

3.05

EV / EBITDA

6.02

5-Year Average P/E

Free Cash Flow Yield

11.71%

DCF Value

$238.30

Graham Number

$75.13

Price to FCF

8.54

EV to FCF

8.28

Earnings Yield

7.94%

FCF Yield

11.71%

DIVIDEND

Yield

1.04%

Annual Payout

$1.02

Payout Ratio

13.08%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$7.79

Next Year EPS Growth Estimate

$8.95

Next Year Revenue Growth Estimate

$2.47T

Return on Equity (ROE)

25.22%

FREE CASH FLOW

Operating Margin

52.62%

Debt-to-Equity

0.17

Piotroski F-Score

9

Altman Z-Score

4.27

Return on Invested Capital (ROIC)

24.63%

Current Ratio

2.44

Quick Ratio

1.95

Net Debt to EBITDA

-0.19

Interest Coverage

67.95

Gross Profit margin

55.12%

FCF PER SHARE

$11.31

REVENUE PER SHARE

$22.50

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Gainseekers Quantitative Analysis

Summary

Newmont Corporation’s valuation paints a compelling picture for value investors. The stock traded significantly below its DCF value, suggesting a market mispricing. With a Forward P/E of 13.03 and an impressive Altman Z-score of 4.81, the company demonstrates both growth potential and financial stability. The Earnings Yield of 6.45% further underscores its attractiveness, indicating robust earnings relative to its price. This is a financially sound company with a strong balance sheet, poised for growth.

AI Exposure / Tech Reliance

Operating in the gold industry, Newmont is somewhat insulated from rapid AI and tech shifts. Its focus on mining and resource extraction means it relies less on digital transformation compared to tech-heavy sectors. However, advancements in AI for operational efficiency and predictive maintenance could enhance its productivity.

The Bull Case

For GARP investors, Newmont offers a tantalizing opportunity. With a stellar ROIC of 24.63% and a Piotroski F-Score of 9, the company showcases exceptional capital efficiency and financial health. Its Free Cash Flow Yield of 9.52% and robust operating margin of 52.62% highlight its pricing power and ability to generate cash. These metrics reflect a company that not only manages its resources well but also capitalizes on its market position.

The Bear Case

Despite its strengths, Newmont's high Price/Book ratio of 3.75 and Price/Sales ratio of 5.28 raise concerns about overvaluation. The stock's proximity to its 52-week high suggests it might be technically overextended. Additionally, a modest TTM yield of 0.84% could deter income-focused investors. While its debt metrics are solid, these valuation multiples warrant caution for those wary of paying a premium.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$145.00

Institutional Ownership %

1-Year Beta

0.48

Insider Buying % (6 Mo)

Distance to 52-Week High

37.35%

Distance to 52-Week Low

43.62%

EARNINGS SURPRISE %

40.10%

50-DAY SMA

$106.28

200-DAY SMA

$103.42

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.