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 1,08,785 1,34,722 - -
Change - -24.4% 27.33% -11.83% 158.65% 23.84% - -
Enterprise Value (EV) 1 50,784 39,890 54,138 47,367 1,06,727 1,28,975 1,21,486 1,13,039
Change - -21.45% 35.72% -12.51% 125.32% 20.85% -5.81% -6.95%
P/E 42.5x -87.4x -14.1x 12.7x 15.6x 13x 11.7x 10.6x
PBR 2.26x 1.93x 1.64x 1.43x 3.27x 3.51x 2.94x 2.55x
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 4.52x
EV / Revenue 4.16x 3.35x 4.58x 2.54x 4.71x 4.83x 4.2x 3.79x
EV / EBITDA 8.52x 8.77x 12.8x 5.46x 7.92x 7.58x 6.48x 5.84x
EV / EBIT 40.4x 197x -33x 10.5x 9.74x 8.77x 7.33x 6.6x
EV / FCF 19.3x 36.6x 558x 16.2x 14.6x 14x 11.4x 9.72x
FCF Yield 5.17% 2.73% 0.18% 6.16% 6.84% 7.14% 8.75% 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% 0.81% 0.83% 0.91%
EPS 2 1.46 -0.54 -2.94 2.92 6.39 9.873 11.04 12.12
Distribution rate 151% -380% -54.4% 34.2% 15.8% 10.6% 9.73% 9.63%
Net sales 1 12,222 11,915 11,812 18,682 22,669 26,687 28,925 29,832
EBITDA 1 5,963 4,550 4,217 8,675 13,480 17,008 18,741 19,346
EBIT 1 1,257 203 -1,643 4,527 10,961 14,714 16,581 17,130
Net income 1 1,166 -429 -2,475 3,348 7,085 10,352 11,308 12,006
Net Debt 1 1,228 2,426 6,434 5,308 -2,058 -5,746 -13,235 -21,682
Reference price 2 62.02 47.20 41.39 37.22 99.85 128.71 128.71 128.71
Nbr of stocks (in thousands) 7,99,026 7,93,739 11,52,544 11,29,999 10,89,482 10,46,706 - -
Announcement Date 24/02/22 23/02/23 22/02/24 20/02/25 19/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.04x4.83x7.58x0.81% 13TCr
16.15x6.33x8.85x0.8% 10TCr
12.96x3.26x4.91x2.01% 7.34TCr
31.99x19.24x22.51x0.5% 7.13TCr
13.93x4.36x6.23x3.52% 5.54TCr
10.49x3.58x5.43x0.5% 3.59TCr
18.03x3.8x7.93x2.17% 2.35TCr
22.5x11.68x14.35x0.73% 2.22TCr
14.81x4.21x8.11x - 2.16TCr
16.02x7.04x9.62x5.36% 1.69TCr
Average 16.99x 6.83x 9.55x 1.82% 5.57TCr
Weighted average by Cap. 16.70x 6.89x 9.47x 1.39%

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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  4. Valuation Newmont Corporation
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