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 42,059 108,785 126,965 - -
Change - -24.4% 27.33% -11.83% 158.65% 16.71% - -
Enterprise Value (EV) 1 50,784 39,890 54,138 47,367 106,727 121,894 113,237 105,566
Change - -21.45% 35.72% -12.51% 125.32% 14.21% -7.1% -6.77%
P/E 42.5x -87.4x -14.1x 12.7x 15.6x 12.3x 11x 10x
PBR 2.26x 1.93x 1.64x 1.43x 3.27x 3.31x 2.79x 2.43x
PEG - 1x -0x -0x 0x 0.2x 0.9x 1.01x
Capitalization / Revenue 4.05x 3.14x 4.04x 2.25x 4.8x 4.74x 4.35x 4.2x
EV / Revenue 4.16x 3.35x 4.58x 2.54x 4.71x 4.55x 3.88x 3.49x
EV / EBITDA 8.52x 8.77x 12.8x 5.46x 7.92x 7.12x 5.98x 5.41x
EV / EBIT 40.4x 197x -33x 10.5x 9.74x 8.17x 6.68x 5.96x
EV / FCF 19.3x 36.6x 558x 16.2x 14.6x 13.2x 10.5x 8.91x
FCF Yield 5.17% 2.73% 0.18% 6.16% 6.84% 7.57% 9.48% 11.2%
Dividend per Share 2 2.2 2.05 1.6 1 1.01 1.048 1.073 1.184
Rate of return 3.55% 4.34% 3.87% 2.69% 1.01% 0.86% 0.88% 0.98%
EPS 2 1.46 -0.54 -2.94 2.92 6.39 9.858 11.01 12.1
Distribution rate 151% -380% -54.4% 34.2% 15.8% 10.6% 9.74% 9.78%
Net sales 1 12,222 11,915 11,812 18,682 22,669 26,767 29,213 30,206
EBITDA 1 5,963 4,550 4,217 8,675 13,480 17,124 18,943 19,522
EBIT 1 1,257 203 -1,643 4,527 10,961 14,915 16,964 17,719
Net income 1 1,166 -429 -2,475 3,348 7,085 10,440 11,518 12,240
Net Debt 1 1,228 2,426 6,434 5,308 -2,058 -5,072 -13,728 -21,399
Reference price 2 62.02 47.20 41.39 37.22 99.85 121.30 121.30 121.30
Nbr of stocks (in thousands) 799,026 793,739 1,152,544 1,129,999 1,089,482 1,046,706 - -
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.($)
12.3x4.55x7.12x0.86% 127B
15.51x6.04x8.44x0.84% 98.17B
12.2x3.08x4.73x2.12% 69.58B
29.57x17.77x20.82x0.54% 65.34B
11.89x3.91x5.73x3.9% 50.27B
9.15x2.98x4.64x0.62% 28.93B
17.33x3.69x7.69x2.25% 22.23B
21.51x11.15x13.72x0.76% 21.39B
13.11x3.73x7.33x - 19.47B
Average 15.84x 6.32x 8.91x 1.49% 55.82B
Weighted average by Cap. 15.58x 6.42x 8.86x 1.36%

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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  3. NEM Stock
  4. NEM23 Stock
  5. Valuation Newmont Corporation