NEM

NYSE

NEWMONT Corp /DE/

Materials, Gold

$112.98

close 7 Aug 2026

+64.05%

52-week change

$119.05B

market cap

$67.11

$134.88

52-week range

Expected price

$120.75 – $147.59

Current price

$112.98

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)14.27x

P/S (TTM)4.62x

P/B3.38x

EV/EBITDA (TTM)7.03x

FCF yield (TTM)8.18%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average25.48x

P/E, sector median31.36x*

Price at 5-year median P/E$143.89*

Indicated dividend yield0.92%

Forward — analyst consensus

Forward P/E (FY2026)12.04x*

Forward P/E (FY2027)10.71x

Forward PEG0.97*

Consensus EPS FY2026 (14 analysts)$9.38

EPS growth (FY2026→FY2027)12.47%

Revenue growth (FY2026)18.43%

Street view

Price target (mean)$129.27*

Target upside14.42%

Ratings (buy / hold / sell)20 / 2 / 1

FY2026 EPS revisions, 30d (up / down)1 / 9

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 23 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +15.31%10Y CAGR +24.23%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$112.98

Cash & equivalents$9.01B

Total debt$5.08B

Shares outstanding1.05B

Result

DCF price per share$469.89

Current price$112.98

Margin of safety+315.90%

PV of years 1–10$142.02B

PV of terminal value$349.17B

Equity value$495.12B

Market-implied growth-3.37%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$11.22B	$12.94B	$14.92B	$17.21B	$19.84B	$22.88B	$26.38B	$30.42B	$35.08B	$40.45B	$753.84B
PV	$10.39B	$11.10B	$11.85B	$12.65B	$13.50B	$14.42B	$15.39B	$16.44B	$17.55B	$18.74B	$349.17B

period to 30 Jun 2026, filed 23 Jul 2026, close 7 Aug 2026