Newmont Corporation
TSX:NGT
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Newmont Corporation
TSX:NGT
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Intrinsic Value
The intrinsic value of 
Newmont Corporation (NGT) under the Base Case is 82.14 CAD per share.
Compared with the current market price of 116 CAD, the stock appears
Overvalued by 29% .
The intrinsic value is the average of valuations using the DCF method and multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Newmont Does
Newmont Corporation is one of the world’s largest gold mining companies. It explores for mineral deposits, develops mines, and extracts gold from the ground, along with smaller amounts of copper, silver, lead, and zinc from some sites. Its products are sold into the metals market, where gold is bought by bullion dealers, refiners, investors, and industrial users, while other metals go mainly to smelters and refiners.
- Headquarters
- United States of America US
- Employees
- 17 500
- IPO date
- Jan 27, 1940
Newmont has no economic moat
Buyers can choose among many gold and copper producers, and Newmont’s metals are sold as commodities rather than as products with a distinct identity. Its large size does not prevent rivals such as Barrick and Agnico Eagle from competing for the same customers, so competitors can still win business through their own production and costs.
Read the full moat analysisLatest Earnings Call
- EPS
- $2.10
- Expected
- $2.05
- Surprise
- +2.4%
Revenue & Expenses Breakdown
Newmont Corporation
Earnings Waterfall
Newmont Corporation
The intrinsic value for Newmont Corporation (NGT) under the Base Case is 82.14 CAD.
Compared with the current market price of 116 CAD, the stock appears Overvalued by 29% .