NEWMONT CORPORATION REGISTERED (NEM)
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NEM - NEWMONT CORPORATION REGISTERED

FNArena Sector : Gold & Silver
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 2.17
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$62.33

02 Jul
2024

-0.170

OPEN

$62.38

-0.27%

HIGH

$62.63

369,551

LOW

$62.14

TARGET
$76.75 23.1% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
A1M . ADT . ALK . AMI . BC8 . BEZ . BGL . CAI . CEL . CMM . CNB . CVV . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . MMC . NST . NVA . OBM . PDI . PNR . PRU . RED . RMS . RRL . RSG . RXL . RXM . SBM . SPR . SSR . STM . STN . SVL . TBR . TTM . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
NEM: 1
Title FY24
Forecast
FY25
Forecast
EPS (cps) 394.9 xxx
DPS (cps) 152.5 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 15.9 xxx
Dividend Yield 2.4% xxx
Div Pay Ratio(%) 38.6% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 11.49%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.95

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 03/06 - ex-div 26.84c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-451.6
DPS All xxxxxxxxxxxxxxx59.4
Sales/Revenue xxxxxxxxxxxxxxx17,739.7 M
Book Value Per Share xxxxxxxxxxxxxxx3,692.7
Net Operating Cash Flow xxxxxxxxxxxxxxx4,162.6 M
Net Profit Margin xxxxxxxxxxxxxxx-21.41 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-10.69 %
Return on Invested Capital xxxxxxxxxxxxxxx-8.34 %
Return on Assets xxxxxxxxxxxxxxx-5.50 %
Return on Equity xxxxxxxxxxxxxxx-10.69 %
Return on Total Capital xxxxxxxxxxxxxxx2.07 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-1,985.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx3,020 M
Long Term Debt xxxxxxxxxxxxxxx10,984 M
Total Debt xxxxxxxxxxxxxxx14,005 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx4,449 M
Price To Book Value xxxxxxxxxxxxxxx1.64

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx4,016.5 M
Capex % of Sales xxxxxxxxxxxxxxx22.64 %
Cost of Goods Sold xxxxxxxxxxxxxxx15,977 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx783 M
Research & Development xxxxxxxxxxxxxxx301 M
Investments - Total xxxxxxxxxxxxxxx6,850 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

18/06/2024

1

Upgrade to Buy from Neutral

$75.00

20.33%

UBS continues to be positive on the gold price and believes Newmont Corp, a serial underperformer since 2019 against the gold price and peers, can now be re-rated.

The broker expects significant earnings upgrades including funds from US$2-US$4bn divestments over the next 12 months, accelerating deleveraging and cash returns.

The UBS gold price forecast sits around 30% above consensus for 2025. The broker anticipates it could underpin earnings upgrades for the company in FY25.

EPS forecasts are lifted higher with an according revision in the price target to $75 from $60.

Rating upgraded to Buy from Neutral.

FORECAST
UBS forecasts a full year FY24 dividend of 152.49 cents and EPS of 336.99 cents.
UBS forecasts a full year FY25 dividend of 152.49 cents and EPS of 480.33 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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NEM STOCK CHART