Newmont Goldcorp Corp Stock Fundamentals
| NGT Stock | CAD 66.45 0.51 0.77% |
Newmont Goldcorp Corp fundamentals help investors to digest information that contributes to Newmont Goldcorp's financial success or failures. It also enables traders to predict the movement of Newmont Stock. The fundamental analysis module provides a way to measure Newmont Goldcorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Newmont Goldcorp stock.
At this time, Newmont Goldcorp's Operating Income is very stable compared to the past year. As of the 16th of March 2025, EBIT is likely to grow to about 1.2 B, while EBITDA is likely to drop about 2 B. Newmont | Select Account or Indicator |
Newmont Goldcorp Corp Company Return On Equity Analysis
Newmont Goldcorp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Newmont Goldcorp Return On Equity | 0.11 |
Most of Newmont Goldcorp's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Newmont Goldcorp Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Newmont Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Newmont Goldcorp is extremely important. It helps to project a fair market value of Newmont Stock properly, considering its historical fundamentals such as Return On Equity. Since Newmont Goldcorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Newmont Goldcorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Newmont Goldcorp's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Newmont Total Stockholder Equity
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Based on the latest financial disclosure, Newmont Goldcorp Corp has a Return On Equity of 0.1117. This is 87.73% lower than that of the Metals & Mining sector and 11.7% higher than that of the Materials industry. The return on equity for all Canada stocks is 136.03% lower than that of the firm.
Newmont Goldcorp Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newmont Goldcorp's current stock value. Our valuation model uses many indicators to compare Newmont Goldcorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newmont Goldcorp competition to find correlations between indicators driving Newmont Goldcorp's intrinsic value. More Info.Newmont Goldcorp Corp is regarded second in return on equity category among its peers. It also is regarded second in return on asset category among its peers reporting about 0.59 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Newmont Goldcorp Corp is roughly 1.69 . At this time, Newmont Goldcorp's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Newmont Goldcorp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Newmont Goldcorp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Newmont Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newmont Goldcorp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Newmont Goldcorp could also be used in its relative valuation, which is a method of valuing Newmont Goldcorp by comparing valuation metrics of similar companies.Newmont Goldcorp is currently under evaluation in return on equity category among its peers.
Newmont Goldcorp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Newmont Goldcorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Newmont Goldcorp's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Newmont Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0661 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 81.54 B | ||||
| Shares Outstanding | 1.13 B | ||||
| Shares Owned By Insiders | 0.24 % | ||||
| Shares Owned By Institutions | 74.60 % | ||||
| Number Of Shares Shorted | 252.4 K | ||||
| Price To Book | 1.72 X | ||||
| Price To Sales | 4.01 X | ||||
| Revenue | 18.68 B | ||||
| Gross Profit | 9.39 B | ||||
| EBITDA | 8.86 B | ||||
| Net Income | 3.35 B | ||||
| Cash And Equivalents | 1.85 B | ||||
| Cash Per Share | 2.26 X | ||||
| Total Debt | 924 M | ||||
| Debt To Equity | 33.90 % | ||||
| Current Ratio | 1.83 X | ||||
| Book Value Per Share | 26.56 X | ||||
| Cash Flow From Operations | 6.36 B | ||||
| Short Ratio | 1.02 X | ||||
| Earnings Per Share | 4.13 X | ||||
| Price To Earnings To Growth | 1.24 X | ||||
| Target Price | 81.13 | ||||
| Number Of Employees | 22.2 K | ||||
| Beta | 0.56 | ||||
| Market Capitalization | 74.88 B | ||||
| Total Asset | 56.35 B | ||||
| Retained Earnings | (1.32 B) | ||||
| Working Capital | 4.73 B | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 56.35 B | ||||
| Last Dividend Paid | 1.0 |
About Newmont Goldcorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Newmont Goldcorp Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newmont Goldcorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newmont Goldcorp Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 3 B | 3.1 B | |
| Total Revenue | 18.7 B | 19.6 B | |
| Cost Of Revenue | 11.5 B | 12.1 B | |
| Stock Based Compensation To Revenue | 0.00 | 0.01 | |
| Sales General And Administrative To Revenue | 0.02 | 0.03 | |
| Research And Ddevelopement To Revenue | 0.01 | 0.01 | |
| Capex To Revenue | 0.26 | 0.25 | |
| Revenue Per Share | 16.19 | 9.06 | |
| Ebit Per Revenue | 0.31 | 0.33 |
Pair Trading with Newmont Goldcorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Newmont Goldcorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Newmont Goldcorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Newmont Stock
Moving against Newmont Stock
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The ability to find closely correlated positions to Newmont Goldcorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newmont Goldcorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Newmont Goldcorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Newmont Goldcorp Corp to buy it.
The correlation of Newmont Goldcorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Newmont Goldcorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newmont Goldcorp Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Newmont Goldcorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.