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Newmont NEM

US equityMarket cap rank #121GoldSafe-Haven Assets
$121.09
−$2.46 (-1.99%)
Market open · Sep 24, 1:10 pm ET
After hours $122.99 -0.45%
Open$122.40
Prev close$123.55
Day range$120.02 – $122.50
Volume2.53M
Market cap$127.59B
P/E (TTM)15.3
Dividend yield0.84%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings15.4x
CheapRich

Above its usual level · 61st percentile, 5-year average 1.3x

#1157 of 2975 stocks by PE (1 = cheapest)

Price / book3.6x
CheapRich

Near the top of its 5-year range · 94th percentile, 5-year average 2.2x

#3879 of 5302 stocks by PB (1 = cheapest)

Price / sales5.0x
CheapRich

Near the top of its 5-year range · 90th percentile, 5-year average 3.7x

#3845 of 5141 stocks by PS (1 = cheapest)

P/E over five years

-107x-48x10x68xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$67.00
Price vs. fair value+80.7%Trading above the estimate
Star rating★☆☆☆☆
UncertaintyHigh
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 3.64 2.20 94% (pricier than usual) #3879 of 5302 (1 = cheapest)
PE 15.35 1.32 61% (pricier than usual) #1157 of 2975 (1 = cheapest)
PS 4.98 3.72 90% (pricier than usual) #3845 of 5141 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating
Fair value estimate$67.00
UncertaintyHigh
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