Newmont Valuation

Is NEWM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NEWM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NEWM (€48.62) is trading above our estimate of fair value (€44.64)

Significantly Below Fair Value: NEWM is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for NEWM?

Other financial metrics that can be useful for relative valuation.

NEWM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.5x
Enterprise Value/EBITDA14x
PEG Ration/a

Price to Sales Ratio vs Peers

How does NEWM's PS Ratio compare to its peers?

The above table shows the PS ratio for NEWM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.5x
2899 Zijin Mining Group
1.5x9.4%HK$522.8b
VOE Voestalpine
0.2x0.9%€3.8b
ABX Barrick Gold
3x8.3%CA$47.1b
AEM Agnico Eagle Mines
5.4x4.0%US$40.0b
NEWM Newmont
4.1x8.3%€61.0b

Price-To-Sales vs Peers: NEWM is expensive based on its Price-To-Sales Ratio (4.1x) compared to the peer average (2.5x).


Price to Earnings Ratio vs Industry

How does NEWM's PE Ratio compare vs other companies in the European Metals and Mining Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a26.0%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a26.0%
n/an/an/a
No more companies

Price-To-Sales vs Industry: NEWM is expensive based on its Price-To-Sales Ratio (4.1x) compared to the European Metals and Mining industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

What is NEWM's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NEWM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.1x
Fair PS Ratio1.6x

Price-To-Sales vs Fair Ratio: NEWM is expensive based on its Price-To-Sales Ratio (4.1x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NEWM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€48.62
€52.11
+7.2%
12.1%€61.25€40.80n/a17
Sep ’25€48.03
€47.94
-0.2%
10.6%€55.03€34.54n/a19
Aug ’25€45.46
€48.18
+6.0%
10.7%€56.18€35.27n/a20
Jul ’25€39.07
€46.21
+18.3%
9.5%€54.20€35.78n/a20
Jun ’25€38.31
€44.31
+15.7%
9.2%€50.00€35.45n/a20
May ’25€38.22
€43.52
+13.9%
9.3%€50.51€35.81n/a21
Apr ’25€33.46
€41.73
+24.7%
14.7%€55.42€30.77n/a21
Mar ’25€29.44
€42.76
+45.2%
13.3%€55.37€33.22n/a20
Feb ’25€32.58
€45.14
+38.6%
11.4%€55.20€35.88n/a20
Jan ’25€37.80
€44.83
+18.6%
13.7%€56.15€34.78n/a20
Dec ’24€37.48
€45.43
+21.2%
13.1%€55.17€35.32n/a19
Nov ’24€35.28
€46.93
+33.0%
13.1%€56.51€35.79n/a18
Oct ’24€35.02
€50.43
+44.0%
11.0%€59.59€39.73€49.0918
Sep ’24€36.62
€49.63
+35.5%
11.2%€57.87€38.58€48.0319
Aug ’24€38.28
€49.75
+30.0%
9.1%€56.95€39.78€45.4619
Jul ’24€38.88
€52.47
+35.0%
11.3%€61.40€40.15€39.0720
Jun ’24€39.52
€53.80
+36.1%
11.0%€62.69€39.88€38.3120
May ’24€43.00
€51.77
+20.4%
10.6%€60.80€38.80€38.2220
Apr ’24€44.95
€52.16
+16.0%
9.8%€64.58€44.28€33.4619
Mar ’24€41.42
€53.50
+29.2%
8.3%€65.99€47.14€29.4419
Feb ’24€48.73
€51.48
+5.7%
7.6%€58.87€42.32€32.5819
Jan ’24€44.57
€49.77
+11.7%
11.5%€59.90€36.50€37.8019
Dec ’23€46.72
€50.86
+8.9%
11.8%€61.43€37.43€37.4818
Nov ’23€42.74
€55.82
+30.6%
16.5%€80.51€39.48€35.2818
Oct ’23€43.43
€63.09
+45.3%
21.1%€102.72€43.14€35.0218

Analyst Forecast: Target price is less than 20% higher than the current share price.


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