# Newmont Corporation (NEM) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Basic Materials / Mining & Metals. Price $107.47, market value $111.7 billion.

## Valuation
- **P/E (trailing): 12.5×** (5-yr avg 21.8×, 3-yr avg 14.0×). Newmont Corporation trades at 12.5× trailing earnings, well below its own five-year average of 21.8×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 10.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.09**. A PEG of 0.09 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 4.2×**. Each dollar of revenue is priced at 4.2×.
- **Price / book: 3.1×**. The shares trade at 3.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 9.0%** (5-yr avg 4.6%). Free cash flow equals 9.0% of the market value, above its five-year average of 4.6%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 8.0%**. The inverse of the P/E: 8.0% of the price is earned each year.

## Profitability
- **Net margin: 31.3%**. 31.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 20.9%**. 20.9% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 16.2%**. Each dollar of assets produces 16.2% of profit.

## Growth
- **Revenue growth (1 yr): 21.3%** (3-yr 23.9%/yr, 5-yr 14.5%/yr). Revenue grew 21.3% over the last year, against 14.5% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 118.8%** (5-yr 12.7%/yr). Earnings per share rose 118.8%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 88.5%/yr**. Free cash flow has compounded at 88.5% a year over three years.

## Financial health
- **Debt to equity: 0.15**. Debt is 0.15 times equity: a conservative balance sheet.
- **Current ratio: 2.29** (quick 2.29). Current assets cover the next year's liabilities 2.29 times.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 0.97%** ($1.04 per share, trailing). Newmont Corporation yields 0.97%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 16%** (11% of free cash flow). 16% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): -0.8%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Analyst view
- **Analyst consensus: buy** (21 analysts). 21 analysts cover Newmont Corporation; the consensus is buy, with an average price target of $135.46 (+26% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 35.7%** (YTD 9.7%, 3-mo 14.4%). The shares are up 35.7% over twelve months including dividends.
- **From 52-week high: -20.6%** (36.7% above the low). Trading 21% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 1.68** (volatility 48%). Beta of 1.68 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NEM · Page: https://foliofundamentals.com/stocks/nem

Not investment advice.