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 42,059 108,785 138,269 - -
Change - -24.4% 27.33% -11.83% 158.65% 27.1% - -
Enterprise Value (EV) 1 50,784 39,890 54,138 47,367 106,727 132,522 125,033 116,587
Change - -21.45% 35.72% -12.51% 125.32% 24.17% -5.65% -6.76%
P/E 42.5x -87.4x -14.1x 12.7x 15.6x 13.4x 11.9x 11.1x
PBR 2.26x 1.93x 1.64x 1.43x 3.27x 3.59x 3.01x 2.61x
PEG - 1x -0x -0x 0x 0.2x 0.9x 1.66x
Capitalization / Revenue 4.05x 3.14x 4.04x 2.25x 4.8x 5.18x 4.77x 4.66x
EV / Revenue 4.16x 3.35x 4.58x 2.54x 4.71x 4.96x 4.31x 3.93x
EV / EBITDA 8.52x 8.77x 12.8x 5.46x 7.92x 7.79x 6.67x 6.03x
EV / EBIT 40.4x 197x -33x 10.5x 9.74x 8.99x 7.49x 6.83x
EV / FCF 19.3x 36.6x 558x 16.2x 14.6x 14.4x 11.8x 10x
FCF Yield 5.17% 2.73% 0.18% 6.16% 6.84% 6.95% 8.5% 9.97%
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% 0.8% 0.82% 0.89%
EPS 2 1.46 -0.54 -2.94 2.92 6.39 9.843 11.09 11.83
Distribution rate 151% -380% -54.4% 34.2% 15.8% 10.6% 9.69% 9.87%
Net sales 1 12,222 11,915 11,812 18,682 22,669 26,705 29,007 29,693
EBITDA 1 5,963 4,550 4,217 8,675 13,480 17,009 18,741 19,345
EBIT 1 1,257 203 -1,643 4,527 10,961 14,743 16,692 17,071
Net income 1 1,166 -429 -2,475 3,348 7,085 10,338 11,360 11,819
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 99.85 131.58 131.58 131.58
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 A 2/23/23 A 2/22/24 A 2/20/25 A 2/19/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.37x4.96x7.79x0.8% 138B
17.23x6.78x9.47x0.75% 109B
13.74x3.49x5.07x1.77% 78.37B
32.13x19.33x22.61x0.5% 71.6B
15.56x4.99x6.87x3.35% 61.88B
11.35x3.91x5.88x0.45% 38.8B
18.89x3.96x8.27x2.07% 24.46B
22.09x11.49x14.13x0.74% 21.95B
14.79x4.21x8.1x - 21.56B
Average 17.68x 7.01x 9.80x 1.3% 62.92B
Weighted average by Cap. 17.27x 7.04x 9.66x 1.21%

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