Financials Newmont Corporation Australian S.E.

Equities

NEM

AU0000297962

Gold

Delayed Australian S.E. 09:11:54 2024-05-28 pm EDT 5-day change 1st Jan Change
63.67 AUD +0.19% Intraday chart for Newmont Corporation -2.82% +4.87%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 35,622 47,990 49,556 37,464 47,704 48,381 - -
Enterprise Value (EV) 1 40,213 49,152 50,784 39,890 54,138 54,387 52,328 50,406
P/E ratio 11.4 x 17.1 x 42.5 x -87.4 x -14.1 x 19 x 13.4 x 12.8 x
Yield 1.29% 2.42% 3.55% 4.34% 3.87% 2.36% 2.52% 2.43%
Capitalization / Revenue 3.66 x 4.17 x 4.05 x 3.14 x 4.04 x 2.77 x 2.6 x 2.58 x
EV / Revenue 4.13 x 4.28 x 4.16 x 3.35 x 4.58 x 3.12 x 2.81 x 2.69 x
EV / EBITDA 10.8 x 8.88 x 8.52 x 8.77 x 12.8 x 7.26 x 6.01 x 5.75 x
EV / FCF 28.5 x 13.7 x 19.3 x 18.6 x 558 x 30.4 x 17.9 x 14.4 x
FCF Yield 3.51% 7.3% 5.17% 5.38% 0.18% 3.29% 5.59% 6.94%
Price to Book 1.64 x 2.08 x 2.26 x 1.93 x 1.64 x 1.58 x 1.47 x 1.39 x
Nbr of stocks (in thousands) 819,830 801,309 799,026 793,739 1,152,544 1,152,488 - -
Reference price 2 43.45 59.89 62.02 47.20 41.39 42.40 42.40 42.40
Announcement Date 2/20/20 2/18/21 2/24/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 9,740 11,497 12,222 11,915 11,812 17,451 18,607 18,721
EBITDA 1 3,734 5,537 5,963 4,550 4,217 7,487 8,710 8,765
EBIT 1 1,277 2,806 1,257 203 -1,643 4,407 6,010 5,832
Operating Margin 13.11% 24.41% 10.28% 1.7% -13.91% 25.25% 32.3% 31.15%
Earnings before Tax (EBT) 1 3,693 3,143 1,108 -51 -1,971 4,131 5,268 5,569
Net income 1 2,805 2,829 1,166 -429 -2,475 2,603 3,644 3,521
Net margin 28.8% 24.61% 9.54% -3.6% -20.95% 14.92% 19.58% 18.81%
EPS 2 3.810 3.510 1.460 -0.5400 -2.940 2.233 3.174 3.306
Free Cash Flow 1 1,413 3,588 2,626 2,148 97 1,788 2,927 3,498
FCF margin 14.51% 31.21% 21.49% 18.03% 0.82% 10.25% 15.73% 18.68%
FCF Conversion (EBITDA) 37.84% 64.8% 44.04% 47.21% 2.3% 23.88% 33.6% 39.91%
FCF Conversion (Net income) 50.37% 126.83% 225.21% - - 68.7% 80.32% 99.35%
Dividend per Share 2 0.5600 1.450 2.200 2.050 1.600 1.000 1.066 1.029
Announcement Date 2/20/20 2/18/21 2/24/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 3,390 3,023 3,058 2,634 3,200 2,679 2,683 2,493 3,957 4,023 4,115 4,572 4,871 4,982 4,498
EBITDA 1 1,599 1,390 1,149 850 1,161 990 910 933 1,384 1,694 1,692 1,953 2,257 2,245 2,042
EBIT 1 -626 799 465 351 -1,431 505 366 238 -2,752 400 1,069 1,332 1,571 1,568 1,146
Operating Margin -18.47% 26.43% 15.21% 13.33% -44.72% 18.85% 13.64% 9.55% -69.55% 9.94% 25.98% 29.14% 32.25% 31.47% 25.48%
Earnings before Tax (EBT) 1 -507 628 408 296 -1,383 539 300 232 -3,042 428 1,121 1,434 1,496 1,685 -
Net income 1 -46 448 387 213 - 351 155 158 -3,139 170 687.2 921.5 1,069 1,127 -
Net margin -1.36% 14.82% 12.66% 8.09% - 13.1% 5.78% 6.34% -79.33% 4.23% 16.7% 20.16% 21.94% 22.62% -
EPS 2 -0.0600 0.5600 0.4900 0.2700 -1.860 0.4400 0.1900 0.2000 -3.210 0.1500 0.6740 0.8581 0.9115 0.7686 0.6000
Dividend per Share 2 0.5500 0.5500 0.5500 0.5500 0.4000 0.4000 0.4000 0.4000 0.4000 0.2500 0.2500 0.2500 0.2500 0.2998 0.3248
Announcement Date 2/24/22 4/22/22 7/25/22 11/1/22 2/23/23 4/27/23 7/20/23 10/26/23 2/22/24 4/25/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,591 1,162 1,228 2,426 6,434 6,006 3,946 2,024
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.23 x 0.2099 x 0.2059 x 0.5332 x 1.526 x 0.8022 x 0.4531 x 0.231 x
Free Cash Flow 1 1,413 3,588 2,626 2,148 97 1,788 2,927 3,498
ROE (net income / shareholders' equity) 17.6% 9.63% 10.5% 7.1% 5.61% 9.29% 10.7% 10.2%
ROA (Net income/ Total Assets) 9.24% 6.96% 5.79% - 2.89% 4.8% 5.96% 5.89%
Assets 1 30,345 40,670 20,146 - -85,640 54,190 61,096 59,797
Book Value Per Share 2 26.50 28.80 27.50 24.40 25.20 26.80 28.80 30.50
Cash Flow per Share 2 3.890 6.070 5.340 6.440 3.880 5.070 5.560 5.460
Capex 1 1,463 1,302 1,653 2,131 2,666 3,226 3,302 3,222
Capex / Sales 15.02% 11.32% 13.52% 17.89% 22.57% 18.49% 17.75% 17.21%
Announcement Date 2/20/20 2/18/21 2/24/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
42.4 USD
Average target price
46.85 USD
Spread / Average Target
+10.50%
Consensus
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