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Newcrest Mining Ltd
ASX:NCM

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Newcrest Mining Ltd Logo
Newcrest Mining Ltd
ASX:NCM
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Price: 23.35 AUD Market Closed
Updated: May 2, 2024

Relative Value

The Relative Value of one NCM stock under the Base Case scenario is 27.85 AUD. Compared to the current market price of 23.35 AUD, Newcrest Mining Ltd is Undervalued by 16%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NCM Relative Value
Base Case
27.85 AUD
Undervaluation 16%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
74
vs Industry
43
Median 3Y
3
Median 5Y
3.2
Industry
1.7
Forward
2.8
vs History
50
vs Industry
14
Median 3Y
15.3
Median 5Y
17.4
Industry
15.6
Forward
16.5
vs History
46
vs Industry
17
Median 3Y
7.8
Median 5Y
8.3
Industry
9
vs History
24
vs Industry
9
Median 3Y
19.3
Median 5Y
17.4
Industry
15.5
vs History
83
vs Industry
48
Median 3Y
1.2
Median 5Y
1.4
Industry
1.5
vs History
62
vs Industry
42
Median 3Y
3.3
Median 5Y
3.4
Industry
2.1
Forward
3.1
vs History
41
vs Industry
24
Median 3Y
9.9
Median 5Y
11.4
Industry
7.4
vs History
58
vs Industry
20
Median 3Y
7.1
Median 5Y
7.3
Industry
10.2
Forward
7
vs History
46
vs Industry
15
Median 3Y
11
Median 5Y
12.6
Industry
12.7
Forward
12.3
vs History
45
vs Industry
19
Median 3Y
8.1
Median 5Y
8.9
Industry
10.2
vs History
27
vs Industry
7
Median 3Y
29.5
Median 5Y
20.5
Industry
12.8
vs History
85
vs Industry
51
Median 3Y
1
Median 5Y
1.1
Industry
1.3

Multiples Across Competitors

NCM Competitors Multiples
Newcrest Mining Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Newcrest Mining Ltd
ASX:NCM
20.8B AUD 3 17.5 7.3 12.8
ZA
Gold Fields Ltd
JSE:GFI
277.6B Zac 0 0 0 0
ZA
AngloGold Ashanti Ltd
JSE:ANG
188.5B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
102.5B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
462.5B CNY 1.6 21.9 17.9 17.9
US
Newmont Corporation
NYSE:NEM
46.7B USD 4 -18.7 18.2 72.8
CA
Agnico Eagle Mines Ltd
TSX:AEM
44B CAD 4.8 16.5 10.4 19.4
CA
Barrick Gold Corp
TSX:ABX
39.5B CAD 2.5 22.6 6 10.2
CA
Wheaton Precious Metals Corp
TSX:WPM
33B CAD 23.7 44.7 32.6 46.5
CA
Franco-Nevada Corp
TSX:FNV
32.2B CAD 19.2 -50.3 21.8 29.9
RU
Polyus PJSC
OTC:OPYGY
20.6B USD 4 12.5 6.7 7.7

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