Company Valuation: Newmont Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 47,990 49,556 37,464 47,704 42,059 124,223 124,223 -
Change - 3.26% -24.4% 27.33% -11.83% 195.36% 0% -
Enterprise Value (EV) 1 49,152 50,784 39,890 54,138 47,367 122,976 117,261 109,889
Change - 3.32% -21.45% 35.72% -12.51% 159.63% -4.65% -6.29%
P/E ratio 17.1x 42.5x -87.4x -14.1x 12.7x 15.8x 13.4x 12x
PBR 2.08x 2.26x 1.93x 1.64x 1.43x 3.59x 2.97x 2.53x
PEG - -0.7x 1x -0x -0x 0x 0.7x 1x
Capitalization / Revenue 4.17x 4.05x 3.14x 4.04x 2.25x 5.64x 4.93x 4.73x
EV / Revenue 4.28x 4.16x 3.35x 4.58x 2.54x 5.58x 4.66x 4.18x
EV / EBITDA 8.88x 8.52x 8.77x 12.8x 5.46x 9.39x 7.1x 6.38x
EV / EBIT 17.5x 40.4x 197x -33x 10.5x 11.3x 8.55x 7.72x
EV / FCF 13.7x 19.3x 36.6x 558x 16.2x 18.8x 14x 11.6x
FCF Yield 7.3% 5.17% 2.73% 0.18% 6.16% 5.32% 7.12% 8.59%
Dividend per Share 2 1.45 2.2 2.05 1.6 1 1 1.009 1
Rate of return 2.42% 3.55% 4.34% 3.87% 2.69% 0.88% 0.88% 0.88%
EPS 2 3.51 1.46 -0.54 -2.94 2.92 7.205 8.547 9.528
Distribution rate 41.3% 151% -380% -54.4% 34.2% 13.9% 11.8% 10.5%
Net sales 1 11,497 12,222 11,915 11,812 18,682 22,033 25,176 26,264
EBITDA 1 5,537 5,963 4,550 4,217 8,675 13,101 16,505 17,227
EBIT 1 2,806 1,257 203 -1,643 4,527 10,895 13,719 14,236
Net income 1 2,829 1,166 -429 -2,475 3,348 7,939 9,462 10,312
Net Debt 1 1,162 1,228 2,426 6,434 5,308 -1,247 -6,963 -14,334
Reference price 2 59.89 62.02 47.20 41.39 37.22 114.12 114.12 114.12
Nbr of stocks (in thousands) 801,309 799,026 793,739 1,152,544 1,129,999 1,088,531 1,088,531 -
Announcement Date 18/02/21 24/02/22 23/02/23 22/02/24 20/02/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.83x5.58x9.39x0.88% 124B
23.84x8.17x12.01x0.73% 99.14B
21.44x5.01x8.28x1.18% 83.99B
47.61x28.42x35.18x0.48% 62.63B
18.14x5.01x8.01x2.82% 50B
19.32x5.58x9.15x0.37% 42.05B
18.66x4.58x8.56x1.91% 26.56B
33.33x21.78x26.66x0.66% 22.38B
25.45x10.99x15.51x3.31% 21.07B
32.9x8.25x16.89x0.45% 17.18B
Average 25.65x 10.34x 14.96x 1.28% 54.92B
Weighted average by Cap. 23.99x 9.42x 13.62x 1.11%
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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