Company Valuation: Newmont Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 49,556 37,464 47,704 42,059 108,785 100,902 - -
Change - -24.4% 27.33% -11.83% 158.65% -7.25% - -
Enterprise Value (EV) 1 50,784 39,890 54,138 47,367 106,727 95,056 87,899 79,161
Change - -21.45% 35.72% -12.51% 125.32% -10.94% -7.53% -9.94%
P/E 42.5x -87.4x -14.1x 12.7x 15.6x 9.87x 8.86x 8.2x
PBR 2.26x 1.93x 1.64x 1.43x 3.27x 2.65x 2.18x 1.9x
PEG - 1x -0x -0x 0x 0.2x 0.8x 1.02x
Capitalization / Revenue 4.05x 3.14x 4.04x 2.25x 4.8x 3.76x 3.48x 3.41x
EV / Revenue 4.16x 3.35x 4.58x 2.54x 4.71x 3.54x 3.03x 2.67x
EV / EBITDA 8.52x 8.77x 12.8x 5.46x 7.92x 5.52x 4.61x 4x
EV / EBIT 40.4x 197x -33x 10.5x 9.74x 6.48x 5.33x 4.69x
EV / FCF 19.3x 36.6x 558x 16.2x 14.6x 10x 8.07x 6.91x
FCF Yield 5.17% 2.73% 0.18% 6.16% 6.84% 9.96% 12.4% 14.5%
Dividend per Share 2 2.2 2.05 1.6 1 1.01 1.045 1.066 1.162
Rate of return 3.55% 4.34% 3.87% 2.69% 1.01% 1.09% 1.11% 1.21%
EPS 2 1.46 -0.54 -2.94 2.92 6.39 9.702 10.81 11.68
Distribution rate 151% -380% -54.4% 34.2% 15.8% 10.8% 9.87% 9.95%
Net sales 1 12,222 11,915 11,812 18,682 22,669 26,847 28,966 29,621
EBITDA 1 5,963 4,550 4,217 8,675 13,480 17,226 19,067 19,801
EBIT 1 1,257 203 -1,643 4,527 10,961 14,680 16,487 16,875
Net income 1 1,166 -429 -2,475 3,348 7,085 10,255 11,192 11,663
Net Debt 1 1,228 2,426 6,434 5,308 -2,058 -5,845 -13,003 -21,740
Reference price 2 62.02 47.20 41.39 37.22 99.85 95.76 95.76 95.76
Nbr of stocks (in thousands) 799,026 793,739 1,152,544 1,129,999 1,089,482 1,053,692 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/20/25 2/19/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.79x3.54x5.51x1.08% 101B
11.7x4.51x6.26x1.04% 76.33B
10.31x2.78x3.96x2.27% 63.08B
24.12x14.05x16.78x0.68% 51.44B
9.47x3.16x4.65x4.93% 41.64B
8.18x2.68x4.13x0.64% 28.01B
16.53x3.82x6.97x2.58% 19.98B
18.67x9.02x10.82x0.95% 17.23B
11.41x2.88x4.65x - 15.93B
14.4x6.01x8.53x5.83% 14.35B
Average 13.46x 5.25x 7.23x 2.22% 42.89B
Weighted average by Cap. 12.67x 5.06x 6.94x 1.8%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation Newmont Corporation