NEM Newmont Corporation - Fundamental Analysis
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NEM Stock | Fundamental Analysis & Investment Insights
NYSE
Basic Materials
Gold
Current Price
Live
$114.12
Analyst Target
$115.25
+1.0%
Upside
52W High
$115.7
52W Low
$40.85
At a glance
Key valuation, profitability, growth, and risk metrics.
Updated Jan 17, 2026
Market cap
$125.36B
P/E
17.75
ROE
22.9%
Profit margin
33.4%
Debt/Equity
0.17
Dividend yield
0.88%
AI Analysis
AI-powered fundamental assessment
Confidence
72%
Newmont Corporation (NEM) exhibits a mixed financial profile with a weak Piotroski F-Score of 4/9, indicating borderline financial health, and lacks an Altman Z-Score for distress risk assessment. Despite strong profitability metrics—ROE of 22.88%, gross margin of 59.30%, and robust YoY earnings growth of 108.10%—the stock trades near its 52-week high with a technical trend score of just 10/100, suggesting near-term overbought conditions. Valuation is stretched relative to Graham’s defensive standard ($66.32 vs. current price of $114.12), though growth-based intrinsic value supports a higher fair value of $189.69. Bearish insider activity and declining Q/Q EPS growth temper otherwise strong fundamentals.
Key Strengths
Exceptional profitability with ROE of 22.88% and operating margin of 46.85%, well above sector average ROE of 15.61%
Strong year-over-year revenue and earnings growth: 20.00% and 108.10% respectively, outpacing peer average revenue growth of 5.90%
Low leverage with Debt/Equity ratio of 0.17, significantly below sector average of 0.91, indicating conservative capital structure
Consistently beats earnings estimates over recent quarters, with 3 out of last 4 beats and an average surprise of 38.55%
Attractive dividend payout ratio of 15.55%, providing sustainability despite low yield of 0.88%
Key Risks
Weak Piotroski F-Score of 4/9 suggests suboptimal financial health, particularly in earnings quality and leverage trends
Bearish technical trend score of 10/100 indicates potential near-term downside or exhaustion in price momentum
Insider selling activity: $1.90M in net sales by executives and directors over the last 6 months, signaling lack of confidence at current levels
Q/Q EPS growth declined by 9.7%, indicating a recent earnings slowdown despite strong YoY performance
Valuation premium: current price of $114.12 is 72% above Graham Number ($66.32), raising concerns about downside risk if growth falters
AI Fair Value Estimate
Based on comprehensive analysis
$165.0
+44.6% above current price
Performance Snowflake
Multi-dimensional analysis across 5 key categories
Overall
62
Strong
50
75
70
55
60
AI Verdict
Moderately positive with caution due to valuation and technical risks
Key drivers: High profitability and strong earnings growth, Low debt and solid balance sheet, Premium valuation and weak technical trend, Bearish insider activity, Recent Q/Q earnings decline
Confidence
75%
Value
50/100
Ref P/E, PEG, Graham Number
Positives
- Forward P/E of 14.04 is below trailing P/E of 17.75, suggesting earnings growth expectations
- P/E of 17.75 is below sector average of 28.82
Watchpoints
- Current price ($114.12) trades at a 72% premium to Graham Number ($66.32)
- Price/Book of 3.75 is high for a materials company, indicating rich valuation
Future
75/100
Ref Growth rates
Positives
- YoY earnings growth of 108.10% and revenue growth of 20.00% indicate strong momentum
- Forward P/E compression suggests improving earnings outlook
Watchpoints
- Q/Q EPS growth declined by 9.7%, signaling potential near-term softness
- PEG Ratio is unavailable, limiting growth-adjusted valuation insight
Past
70/100
Ref Historical trends
Positives
- Long-term price performance is strong: +178.6% 1Y return
- History of beating earnings estimates, especially in last 4 quarters
Watchpoints
- Earnings surprises were negative in several prior quarters, including -26.9% in Q3 2023
- Historical volatility in quarterly performance reduces predictability
Health
55/100
Ref Altman Z-Score, Piotroski F-Score
Positives
- Current ratio of 2.04 and quick ratio of 1.38 indicate solid short-term liquidity
- Debt/Equity of 0.17 reflects minimal financial leverage
Watchpoints
- Piotroski F-Score of 4/9 indicates weak financial health per critical thresholds
- Altman Z-Score is unavailable, leaving a gap in bankruptcy risk assessment
Dividend
60/100
Ref Yield, Payout
Positives
- Low payout ratio of 15.55% ensures dividend sustainability
- Dividend has been maintained despite commodity price volatility
Watchpoints
- Dividend yield of 0.88% is low compared to sector and income benchmarks
- Dividend Strength score of 25/100 indicates limited attractiveness as income vehicle
Stock Price & Analyst Targets
Real-time price movements and analyst price targets
Current Price
$114.12
Analyst Target
$115.25
Upside/Downside
+1.0%
Multi-Horizon Performance vs Peers
Price momentum across 5Y → 1W horizons for NEM and closest competitors.
Updated 2026-01-16
| Company | 5Y | 3Y | 1Y | 6M | 1M | 1W |
|---|---|---|---|---|---|---|
|
NEM
Newmont Corporation
Primary
|
+116.1% | +135.9% | +178.6% | +97.3% | +14.8% | +4.7% |
|
AEM
Agnico Eagle Mines Limited
Peer
|
+242.0% | +301.0% | +145.0% | +70.0% | +18.3% | +8.6% |
|
SHW
The Sherwin-Williams Company
Peer
|
+54.7% | +48.4% | +1.9% | +5.7% | +9.1% | +1.3% |
|
B
Barrick Mining Corporation
Peer
|
+148.8% | +178.8% | +226.4% | +135.0% | +12.4% | +4.8% |
|
FCX
Freeport-McMoRan Inc.
Peer
|
+98.3% | +38.6% | +48.7% | +31.9% | +23.1% | +4.1% |
Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.
Historical Performance Trends
Long-term financial metrics and growth patterns
Revenue & Net Income
Profit & Operating Margins
Return on Equity (ROE)
Quarterly Revenue Growth
Historical data shows last 12 quarters (3 years)
Valuation Metrics
Key valuation ratios and pricing indicators
P/E Ratio
17.75
Forward P/E
14.04
PEG Ratio
N/A
P/B Ratio
3.75
P/S Ratio
5.83
EV/Revenue
5.79
EV/EBITDA
10.16
Market Cap
$125.36B
Profitability
Profit margins and return metrics
Profit Margin
33.42%
Operating Margin
46.85%
Gross Margin
59.3%
ROE
22.88%
ROA
10.55%
Growth
Revenue and earnings growth rates
Revenue Growth
+20.0%
Earnings Growth
+108.1%
Q/Q Revenue Growth
N/A
Q/Q Earnings Growth
+98.7%
Financial Health
Balance sheet strength and liquidity metrics
Debt/Equity
0.17
Low debt
Current Ratio
2.04
Strong
Quick Ratio
1.38
Good
Cash/Share
$5.47
Quarterly Earnings History
EPS performance vs analyst estimates
2026-02-19
$N/A
2025-10-23
$1.67
+18.3% surprise
2025-07-24
$1.85
+60.3% surprise
2025-04-23
$1.25
+37.1% surprise
Basic Materials Sector Comparison
Comparing NEM against 41 companies in the Basic Materials sector
(1 bullish, 21 neutral, 19 bearish)
P/E Ratio
17.75
This Stock
vs
30.38
Sector Avg
-41.6%
(Discount)
Return on Equity (ROE)
22.88%
This Stock
vs
0.39%
Sector Avg
+5696.5%
(Excellent)
Profit Margin
33.42%
This Stock
vs
-2.41%
Sector Avg
-1487.3%
(Weaker)
Debt to Equity
0.17
This Stock
vs
0.61
Sector Avg
-72.1%
(Less Debt)
Revenue Growth
20.0%
This Stock
vs
15.82%
Sector Avg
+26.4%
(Fast Growth)
Current Ratio
2.04
This Stock
vs
2.28
Sector Avg
-10.5%
(Weaker)
Similar Companies
Peer comparison within the same industry
| Company | AI Rating | Market Cap | P/E | ROE | Profit Margin | Price | |
|---|---|---|---|---|---|---|---|
|
NEM
Newmont Corporation
|
NEUTRAL | $125.36B | 17.75 | 22.9% | 33.4% | $114.12 | |
|
AEM
Agnico Eagle Mines Limited
|
NEUTRAL | $107.71B | 31.23 | 15.7% | 32.6% | $214.54 | |
|
SHW
The Sherwin-Williams Company
|
NEUTRAL | $89.22B | 34.88 | 59.9% | 11.0% | $357.83 | |
|
B
Barrick Mining Corporation
|
NEUTRAL | $87.34B | 23.65 | 15.3% | 24.5% | $51.08 | |
|
FCX
Freeport-McMoRan Inc.
|
NEUTRAL | $84.3B | 41.06 | 14.5% | 8.0% | $58.71 |
Recent Insider Trading
Insider buy and sell transactions from the last 6 months
| Date | Insider | Position | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2025-12-01 | BROOK BRUCE R | Director | Sale | 2,080 | $192,109 |
| 2025-11-03 | PALMER THOMAS RONALD | Chief Executive Officer | Sale | 5,000 | $406,700 |
| 2025-11-03 | BROOK BRUCE R | Director | Sale | 2,080 | $168,397 |
| 2025-10-01 | BROOK BRUCE R | Director | Sale | 2,080 | $176,779 |
| 2025-09-02 | BROOK BRUCE R | Director | Sale | 2,077 | $154,923 |
| 2025-08-06 | TABOLT BRIAN | Officer | Sale | 7,015 | $477,160 |
| 2025-08-01 | TOTH PETER | Officer | Sale | 3,000 | $190,980 |
| 2025-08-01 | BROOK BRUCE R | Director | Sale | 2,077 | $132,222 |
| 2025-07-28 | WEXLER PETER | Chief Financial Officer | Stock Award | 15,708 | - |
Insider transactions can signal confidence or concerns about company prospects
Wall Street Analysts
Professional analyst ratings and price targets
Consensus
BUY
20 analysts
UBS
2025-12-01
Buy
Buy
Scotiabank
2025-10-23
Sector Perform
Sector Outperform
UBS
2025-10-16
Buy
Buy
B of A Securities
2025-10-16
Buy
Buy
Citigroup
2025-10-15
Buy
Buy
CIBC
2025-10-10
Neutral
Outperformer
Raymond James
2025-09-23
Outperform
Outperform
UBS
2025-09-19
Buy
Buy
RBC Capital
2025-09-10
Sector Perform
Outperform
Macquarie
2025-09-02
Outperform
Neutral
Past News Coverage
Recent headlines mentioning NEM from our newsroom.
Newest → oldest
No matching news yet.