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 42,059 108,785 134,486 - -
Change - -24.4% 27.33% -11.83% 158.65% 23.63% - -
Enterprise Value (EV) 1 50,784 39,890 54,138 47,367 106,727 128,739 121,250 112,803
Change - -21.45% 35.72% -12.51% 125.32% 20.63% -5.82% -6.97%
P/E 42.5x -87.4x -14.1x 12.7x 15.6x 13x 11.6x 10.6x
PBR 2.26x 1.93x 1.64x 1.43x 3.27x 3.49x 2.93x 2.53x
PEG - 1x -0x -0x 0x 0.2x 1x 1.08x
Capitalization / Revenue 4.05x 3.14x 4.04x 2.25x 4.8x 5.05x 4.66x 4.48x
EV / Revenue 4.16x 3.35x 4.58x 2.54x 4.71x 4.83x 4.2x 3.76x
EV / EBITDA 8.52x 8.77x 12.8x 5.46x 7.92x 7.58x 6.48x 5.78x
EV / EBIT 40.4x 197x -33x 10.5x 9.74x 8.75x 7.31x 6.59x
EV / FCF 19.3x 36.6x 558x 16.2x 14.6x 14x 11.4x 9.7x
FCF Yield 5.17% 2.73% 0.18% 6.16% 6.84% 7.15% 8.77% 10.3%
Dividend per Share 2 2.2 2.05 1.6 1 1.01 1.048 1.074 1.168
Rate of return 3.55% 4.34% 3.87% 2.69% 1.01% 0.82% 0.84% 0.91%
EPS 2 1.46 -0.54 -2.94 2.92 6.39 9.874 11.04 12.12
Distribution rate 151% -380% -54.4% 34.2% 15.8% 10.6% 9.73% 9.64%
Net sales 1 12,222 11,915 11,812 18,682 22,669 26,636 28,861 30,038
EBITDA 1 5,963 4,550 4,217 8,675 13,480 16,977 18,718 19,513
EBIT 1 1,257 203 -1,643 4,527 10,961 14,715 16,581 17,130
Net income 1 1,166 -429 -2,475 3,348 7,085 10,354 11,324 12,240
Net Debt 1 1,228 2,426 6,434 5,308 -2,058 -5,747 -13,236 -21,683
Reference price 2 62.02 47.20 41.39 37.22 99.85 127.98 127.98 127.98
Nbr of stocks (in thousands) 799,026 793,739 1,152,544 1,129,999 1,089,482 1,050,839 - -
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.($)
12.96x4.83x7.58x0.82% 134B
16.45x6.45x9.02x0.79% 104B
13.32x3.35x4.99x1.84% 75.27B
31.29x18.83x22.02x0.51% 69.71B
14.53x4.64x6.47x3.57% 57.78B
10.86x3.72x5.6x0.47% 37.13B
19.53x4.11x8.57x2% 25.31B
14.91x4.24x8.16x - 21.72B
22.52x11.69x14.37x0.73% 22.27B
Average 17.37x 6.88x 9.64x 1.34% 60.9B
Weighted average by Cap. 16.80x 6.85x 9.43x 1.25%

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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  5. Valuation Newmont Corporation