Overview Dividends

(NEM) Newmont Goldcorp - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6516391066

Gold,Copper,Silver,Zinc,Lead

Description: NEM Newmont Goldcorp September 25, 2025

Newmont Corporation (NYSE: NEM) is a diversified mining company primarily focused on gold production and exploration, while also pursuing copper, silver, zinc, lead, and other base metals across a global portfolio that includes assets in North America, South America, Africa, Oceania, and the Caribbean. Founded in 1916 and headquartered in Denver, Colorado, the firm operates both mature mines and development projects, positioning itself as one of the world’s largest gold producers.

Key recent metrics: in 2023 Newmont delivered approximately 5.9 million ounces of gold, generating an all-in sustaining cost (AISC) of about $1,020 per ounce, and reported free cash flow of $2.3 billion, reflecting a 12 % increase year-over-year. The company’s exposure to copper is growing through the Ahafo and Ahafo-Birim projects in Ghana, where copper-by-product credits are expected to improve overall margins. Macro-driven catalysts include a persistently high gold price (averaging $1,950/oz in 2023) supported by elevated inflation expectations and a low-interest-rate environment, while sector-wide supply constraints from declining ore grades and tighter ESG regulations add a structural premium to gold miners.

Given the blend of solid cash generation, expanding copper exposure, and favorable macro trends, a deeper dive into Newmont’s valuation assumptions-particularly the sensitivity of its AISC to commodity price swings-could be worthwhile; you might find ValueRay’s detailed model inputs helpful for that analysis.

NEM Stock Overview

Market Cap in USD 97,663m
Sub-Industry Gold
IPO / Inception 1978-01-13

NEM Stock Ratings

Growth Rating 68.7%
Fundamental 93.3%
Dividend Rating 16.8%
Return 12m vs S&P 500 39.8%
Analyst Rating 4.15 of 5

NEM Dividends

Dividend Yield 12m 1.26%
Yield on Cost 5y 1.87%
Annual Growth 5y -0.98%
Payout Consistency 87.6%
Payout Ratio 15.2%

NEM Growth Ratios

Growth Correlation 3m 92.1%
Growth Correlation 12m 94.4%
Growth Correlation 5y -19.6%
CAGR 5y 27.97%
CAGR/Max DD 3y (Calmar Ratio) 0.64
CAGR/Mean DD 3y (Pain Ratio) 1.68
Sharpe Ratio 12m 1.28
Alpha 54.49
Beta 0.356
Volatility 52.08%
Current Volume 11081.6k
Average Volume 20d 11306.9k
Stop Loss 73.7 (-7.1%)
Signal 0.34

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (8.65b TTM) > 0 and > 6% of Revenue (6% = 952.2m TTM)
FCFTA 0.08 (>2.0%) and ΔFCFTA 6.50pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 12.96% (prev 36.65%; Δ -23.69pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.13 (>3.0%) and CFO 6.93b <= Net Income 8.65b (YES >=105%, WARN >=100%)
Net Debt (-5.17b) to EBITDA (13.02b) ratio: -0.40 <= 3.0 (WARN <= 3.5)
Current Ratio 1.40 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (1.10b) change vs 12m ago -4.26% (target <= -2.0% for YES)
Gross Margin 44.73% (prev 21.57%; Δ 23.16pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 28.63% (prev 29.96%; Δ -1.33pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 55.67 (EBITDA TTM 13.02b / Interest Expense TTM 185.0m) >= 6 (WARN >= 3)

Altman Z'' 1.88

(A) 0.04 = (Total Current Assets 7.14b - Total Current Liabilities 5.09b) / Total Assets 54.69b
(B) 0.05 = Retained Earnings (Balance) 2.70b / Total Assets 54.69b
(C) 0.19 = EBIT TTM 10.30b / Avg Total Assets 55.43b
(D) 0.21 = Book Value of Equity 4.57b / Total Liabilities 21.28b
Total Rating: 1.88 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 93.27

1. Piotroski 7.50pt = 2.50
2. FCF Yield 4.92% = 2.46
3. FCF Margin 28.68% = 7.17
4. Debt/Equity 0.01 = 2.50
5. Debt/Ebitda -0.40 = 2.50
6. ROIC - WACC (= 27.58)% = 12.50
7. RoE 27.31% = 2.28
8. Rev. Trend 88.72% = 6.65
9. EPS Trend 94.19% = 4.71

What is the price of NEM shares?

As of October 30, 2025, the stock is trading at USD 79.34 with a total of 11,081,646 shares traded.
Over the past week, the price has changed by -8.09%, over one month by -6.15%, over three months by +25.05% and over the past year by +67.36%.

Is Newmont Goldcorp a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Newmont Goldcorp (NYSE:NEM) is currently (October 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 93.27 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of NEM is around 78.84 USD . This means that NEM is currently overvalued and has a potential downside of -0.63%.

Is NEM a buy, sell or hold?

Newmont Goldcorp has received a consensus analysts rating of 4.15. Therefore, it is recommended to buy NEM.
  • Strong Buy: 10
  • Buy: 3
  • Hold: 7
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the NEM price?

Issuer Target Up/Down from current
Wallstreet Target Price 102.6 29.3%
Analysts Target Price 102.6 29.3%
ValueRay Target Price 87 9.6%

NEM Fundamental Data Overview October 25, 2025

Market Cap USD = 97.66b (97.66b USD * 1.0 USD.USD)
P/E Trailing = 12.9658
P/E Forward = 15.8228
P/S = 4.5418
P/B = 2.9565
P/EG = 2.8267
Beta = 0.356
Revenue TTM = 15.87b USD
EBIT TTM = 10.30b USD
EBITDA TTM = 13.02b USD
Long Term Debt = 7.55b USD (from longTermDebt, last fiscal year)
Short Term Debt = 471.0m USD (from shortTermDebt, last quarter)
Debt = 471.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -5.17b USD (from netDebt column, last quarter)
Enterprise Value = 92.50b USD (97.66b + Debt 471.0m - CCE 5.64b)
Interest Coverage Ratio = 55.67 (Ebit TTM 10.30b / Interest Expense TTM 185.0m)
FCF Yield = 4.92% (FCF TTM 4.55b / Enterprise Value 92.50b)
FCF Margin = 28.68% (FCF TTM 4.55b / Revenue TTM 15.87b)
Net Margin = 54.50% (Net Income TTM 8.65b / Revenue TTM 15.87b)
Gross Margin = 44.73% ((Revenue TTM 15.87b - Cost of Revenue TTM 8.77b) / Revenue TTM)
Gross Margin QoQ = none% (prev 47.58%)
Tobins Q-Ratio = 1.69 (Enterprise Value 92.50b / Total Assets 54.69b)
Interest Expense / Debt = -11.04% (Interest Expense -52.0m / Debt 471.0m)
Taxrate = -31.39% (negative due to tax credits) (-787.0m / 2.51b)
NOPAT = 13.53b (EBIT 10.30b * (1 - -31.39%)) [negative tax rate / tax credits]
Current Ratio = 1.40 (Total Current Assets 7.14b / Total Current Liabilities 5.09b)
Debt / Equity = 0.01 (Debt 471.0m / totalStockholderEquity, last quarter 33.41b)
Debt / EBITDA = -0.40 (Net Debt -5.17b / EBITDA 13.02b)
Debt / FCF = -1.14 (Net Debt -5.17b / FCF TTM 4.55b)
Total Stockholder Equity = 31.67b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.81% (Net Income 8.65b / Total Assets 54.69b)
RoE = 27.31% (Net Income TTM 8.65b / Total Stockholder Equity 31.67b)
RoCE = 26.26% (EBIT 10.30b / Capital Employed (Equity 31.67b + L.T.Debt 7.55b))
RoIC = 34.88% (NOPAT 13.53b / Invested Capital 38.80b)
WACC = 7.29% (E(97.66b)/V(98.13b) * Re(7.33%) + (debt cost/tax rate unavailable))
Discount Rate = 7.33% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 6.00%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈3.14b ; Y1≈2.06b ; Y5≈942.5m
Fair Price DCF = 16.86 (DCF Value 18.52b / Shares Outstanding 1.10b; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 94.19 | EPS CAGR: 63.82% | SUE: 1.85 | # QB: 4
Revenue Correlation: 88.72 | Revenue CAGR: 22.93% | SUE: 0.27 | # QB: 0

Additional Sources for NEM Stock

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