Newmont Corporation
NYSE:NEM

Watchlist Manager
Newmont Corporation Logo
Newmont Corporation
NYSE:NEM
Watchlist
Price: 40.08 USD -0.35% Market Closed
Market Cap: 45.6B USD
Have any thoughts about
Newmont Corporation?
Write Note
Section:
 

Relative Value

The Relative Value of one NEM stock under the Base Case scenario is 78.34 USD. Compared to the current market price of 40.08 USD, Newmont Corporation is Undervalued by 49%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NEM Relative Value
Base Case
78.34 USD
Undervaluation 49%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.7
P/S
P/S
Price to Sales
2.7
vs History
90
vs Industry
39
Median 3Y
3.2
Median 5Y
3.5
Industry
1.8
Forward
2.5
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-19.1
Median 5Y
12.5
Industry
15.8
Forward
12.6
More Details
10.6
P/OCF
P/OCF
Price to OCF
10.6
vs History
63
vs Industry
8
Median 3Y
12
Median 5Y
11.3
Industry
9.4
More Details
93
P/FCFE
P/FCFE
Price to FCFE
93
vs History
19
vs Industry
0
Median 3Y
24.1
Median 5Y
20.9
Industry
15.4
More Details
1.5
P/B
P/B
Price to Book Value
1.5
vs History
79
vs Industry
32
Median 3Y
1.7
Median 5Y
1.8
Industry
1.5
More Details
3
EV/S
EV/S
Enterprise Value to Sales
3
vs History
87
vs Industry
37
Median 3Y
3.4
Median 5Y
3.8
Industry
2.2
Forward
2.8
More Details
6.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.4
vs History
84
vs Industry
28
Median 3Y
7.4
Median 5Y
7.6
Industry
7.4
More Details
9.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.1
vs History
77
vs Industry
10
Median 3Y
11.5
Median 5Y
10.6
Industry
10.4
Forward
6.3
More Details
16.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
16.7
vs History
77
vs Industry
3
Median 3Y
29.5
Median 5Y
24.2
Industry
13.1
Forward
9.7
More Details
12
EV/OCF
EV/OCF
Enterprise Value to OCF
12
vs History
53
vs Industry
9
Median 3Y
12.8
Median 5Y
12.4
Industry
10.6
More Details
58.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
58.8
vs History
19
vs Industry
0
Median 3Y
41.2
Median 5Y
24.6
Industry
13.5
More Details
1
EV/IC
EV/IC
Enterprise Value to IC
1
vs History
82
vs Industry
42
Median 3Y
1.1
Median 5Y
1.2
Industry
1.3
More Details

Multiples Across Competitors

NEM Competitors Multiples
Newmont Corporation Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Newmont Corporation
NYSE:NEM
45.9B USD 2.7 -37.8 9.1 16.7
RU
Polyus PJSC
LSE:PLZL
70.4T USD 15 191.9 47 280.3 26 083.2 29 932.1
ZA
Gold Fields Ltd
JSE:GFI
232.3B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
100.9B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
412B CNY 1.4 14.1 12.3 12.3
CA
Agnico Eagle Mines Ltd
TSX:AEM
59.1B CAD 5.3 41.2 9.9 15.5
CA
Barrick Gold Corp
TSX:ABX
40.7B CAD 2.3 17.6 5.3 8.3
CA
Wheaton Precious Metals Corp
TSX:WPM
38.8B CAD 22.4 44.7 29.2 40.1
CA
Franco-Nevada Corp
TSX:FNV
32.7B CAD 21 -37.9 23.5 31.5
RU
Polyus PAO
MOEX:PLZL
1.8T RUB 3.4 7.2 6.2 7
CN
Shandong Gold Mining Co Ltd
SSE:600547
106B CNY 1.2 41.1 17.5 17.5
P/E Multiple
Earnings Growth P/E to Growth
US
Newmont Corporation
NYSE:NEM
Average P/E: 6 778
Negative Multiple: -37.8 		N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
47 280.3
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
192%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
99%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
14.1
102%
0.1
CA
Agnico Eagle Mines Ltd
TSX:AEM
41.2
12%
3.5
CA
Barrick Gold Corp
TSX:ABX
17.6
163%
0.1
CA
Wheaton Precious Metals Corp
TSX:WPM
44.7
54%
0.8
CA
Franco-Nevada Corp
TSX:FNV
Negative Multiple: -37.9 N/A N/A
RU
Polyus PAO
MOEX:PLZL
7.2
N/A N/A
CN
Shandong Gold Mining Co Ltd
SSE:600547
41.1
155%
0.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Newmont Corporation
NYSE:NEM
Average EV/EBITDA: 2 910.7
9.1
247%
0
RU
P
Polyus PJSC
LSE:PLZL
26 083.2
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
63%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
97%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.3
140%
0.1
CA
Agnico Eagle Mines Ltd
TSX:AEM
9.9
54%
0.2
CA
Barrick Gold Corp
TSX:ABX
5.3
70%
0.1
CA
Wheaton Precious Metals Corp
TSX:WPM
29.2
76%
0.4
CA
Franco-Nevada Corp
TSX:FNV
23.5
31%
0.8
RU
Polyus PAO
MOEX:PLZL
6.2
N/A N/A
CN
Shandong Gold Mining Co Ltd
SSE:600547
17.5
258%
0.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Newmont Corporation
NYSE:NEM
Average EV/EBIT: 3 342.3
16.7
912%
0
RU
P
Polyus PJSC
LSE:PLZL
29 932.1
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
93%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
45%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.3
95%
0.1
CA
Agnico Eagle Mines Ltd
TSX:AEM
15.5
62%
0.3
CA
Barrick Gold Corp
TSX:ABX
8.3
106%
0.1
CA
Wheaton Precious Metals Corp
TSX:WPM
40.1
84%
0.5
CA
Franco-Nevada Corp
TSX:FNV
31.5
14%
2.3
RU
Polyus PAO
MOEX:PLZL
7
N/A N/A
CN
Shandong Gold Mining Co Ltd
SSE:600547
17.5
140%
0.1

See Also

Summary
NEM intrinsic value, competitors valuation, and company profile.
DCF Valuation
NEM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NEM stock valuation using valuation multiples.
Wall Street Estimates
NEM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NEM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 208,600+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2024 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.