Newmont Price To Sales Ratio vs Free Cash Flow Yield Analysis

NEM Stock

USD 38.28 1.26 3.40%

Newmont Goldcorp financial indicator trend analysis is infinitely more than just investigating Newmont Goldcorp Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newmont Goldcorp Corp is a good investment. Please check the relationship between Newmont Goldcorp Price To Sales Ratio and its Free Cash Flow Yield accounts. 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 income.

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newmont Goldcorp Corp Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Newmont Goldcorp's Price To Sales Ratio and Free Cash Flow Yield is 0.19. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Newmont Goldcorp Corp, assuming nothing else is changed. The correlation between historical values of Newmont Goldcorp's Price To Sales Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Newmont Goldcorp Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Newmont Goldcorp's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Newmont Goldcorp Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Newmont Goldcorp sales, a figure that is much harder to manipulate than other Newmont Goldcorp Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Newmont Goldcorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newmont Goldcorp Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 income.

At this time, Newmont Goldcorp's Discontinued Operations is very stable compared to the past year. As of the 22nd of December 2024, Tax Provision is likely to grow to about 753.3 M, though Enterprise Value Over EBITDA is likely to grow to (236.03).

	2021	2022	2023	2024 (projected)
Gross Profit	4.5B	3.3B	1.2B	1.9B
Total Revenue	12.2B	11.9B	11.8B	12.4B

Gross Profit Total Revenue

Newmont Goldcorp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		0.91	0.88	0.88	0.99	0.99	0.65	-0.34	0.36	1.0	0.04	0.39	0.58	0.93	0.98	0.81	0.33	0.96	0.99	0.89	0.66	0.92	0.97	0.91	0.38	0.58
Short Long Term Debt Total	0.91		0.81	0.83	0.85	0.89	0.81	-0.36	0.26	0.9	0.35	0.27	0.57	0.83	0.9	0.86	0.44	0.85	0.91	0.83	0.61	0.89	0.86	0.72	0.29	0.77
Other Current Liab	0.88	0.81		0.81	0.86	0.89	0.65	-0.58	0.17	0.89	-0.11	0.21	0.47	0.78	0.9	0.62	0.45	0.91	0.91	0.66	0.72	0.81	0.9	0.86	0.27	0.44
Total Current Liabilities	0.88	0.83	0.81		0.85	0.9	0.73	-0.44	0.07	0.89	0.04	0.08	0.86	0.72	0.81	0.71	0.37	0.85	0.88	0.71	0.86	0.95	0.84	0.68	0.25	0.4
Total Stockholder Equity	0.99	0.85	0.86	0.85		0.99	0.55	-0.33	0.41	0.99	-0.08	0.43	0.53	0.94	0.97	0.77	0.25	0.97	0.98	0.88	0.65	0.88	0.98	0.94	0.41	0.5
Property Plant And Equipment Net	0.99	0.89	0.89	0.9	0.99		0.67	-0.42	0.29	1.0	-0.03	0.32	0.6	0.91	0.98	0.81	0.28	0.98	0.99	0.84	0.7	0.94	0.98	0.91	0.31	0.53
Net Debt	0.65	0.81	0.65	0.73	0.55	0.67		-0.44	-0.33	0.67	0.32	-0.31	0.65	0.43	0.62	0.7	0.46	0.59	0.67	0.4	0.54	0.8	0.58	0.39	-0.12	0.62
Retained Earnings	-0.34	-0.36	-0.58	-0.44	-0.33	-0.42	-0.44		0.24	-0.38	0.27	0.25	-0.29	-0.22	-0.37	-0.27	0.02	-0.54	-0.4	-0.04	-0.67	-0.42	-0.5	-0.39	0.29	0.06
Cash	0.36	0.26	0.17	0.07	0.41	0.29	-0.33	0.24		0.31	0.18	0.99	-0.2	0.6	0.38	0.22	0.05	0.32	0.32	0.67	-0.02	0.08	0.36	0.45	0.7	0.35
Non Current Assets Total	1.0	0.9	0.89	0.89	0.99	1.0	0.67	-0.38	0.31		0.0	0.33	0.6	0.91	0.98	0.8	0.32	0.97	1.0	0.86	0.68	0.93	0.98	0.91	0.34	0.56
Non Currrent Assets Other	0.04	0.35	-0.11	0.04	-0.08	-0.03	0.32	0.27	0.18	0.0		0.17	0.16	0.1	0.03	0.27	0.39	-0.14	0.03	0.27	-0.19	0.15	-0.1	-0.23	0.06	0.7
Cash And Short Term Investments	0.39	0.27	0.21	0.08	0.43	0.32	-0.31	0.25	0.99	0.33	0.17		-0.21	0.64	0.42	0.23	0.09	0.34	0.36	0.69	-0.04	0.11	0.38	0.49	0.71	0.37
Net Receivables	0.58	0.57	0.47	0.86	0.53	0.6	0.65	-0.29	-0.2	0.6	0.16	-0.21		0.36	0.47	0.45	0.29	0.52	0.57	0.42	0.76	0.77	0.51	0.29	0.02	0.2
Common Stock Shares Outstanding	0.93	0.83	0.78	0.72	0.94	0.91	0.43	-0.22	0.6	0.91	0.1	0.64	0.36		0.95	0.73	0.32	0.89	0.93	0.95	0.49	0.79	0.92	0.91	0.46	0.59
Non Current Liabilities Total	0.98	0.9	0.9	0.81	0.97	0.98	0.62	-0.37	0.38	0.98	0.03	0.42	0.47	0.95		0.8	0.33	0.96	0.99	0.87	0.58	0.88	0.97	0.95	0.33	0.6
Inventory	0.81	0.86	0.62	0.71	0.77	0.81	0.7	-0.27	0.22	0.8	0.27	0.23	0.45	0.73	0.8		0.05	0.75	0.8	0.75	0.44	0.84	0.77	0.66	0.21	0.68
Other Current Assets	0.33	0.44	0.45	0.37	0.25	0.28	0.46	0.02	0.05	0.32	0.39	0.09	0.29	0.32	0.33	0.05		0.21	0.35	0.33	0.17	0.33	0.23	0.17	0.13	0.53
Other Stockholder Equity	0.96	0.85	0.91	0.85	0.97	0.98	0.59	-0.54	0.32	0.97	-0.14	0.34	0.52	0.89	0.96	0.75	0.21		0.97	0.79	0.74	0.87	1.0	0.94	0.31	0.43
Total Liab	0.99	0.91	0.91	0.88	0.98	0.99	0.67	-0.4	0.32	1.0	0.03	0.36	0.57	0.93	0.99	0.8	0.35	0.97		0.86	0.67	0.93	0.98	0.92	0.32	0.57
Total Current Assets	0.89	0.83	0.66	0.71	0.88	0.84	0.4	-0.04	0.67	0.86	0.27	0.69	0.42	0.95	0.87	0.75	0.33	0.79	0.86		0.44	0.76	0.83	0.78	0.57	0.65
Short Term Debt	0.66	0.61	0.72	0.86	0.65	0.7	0.54	-0.67	-0.02	0.68	-0.19	-0.04	0.76	0.49	0.58	0.44	0.17	0.74	0.67	0.44		0.71	0.71	0.52	0.18	0.06
Accounts Payable	0.92	0.89	0.81	0.95	0.88	0.94	0.8	-0.42	0.08	0.93	0.15	0.11	0.77	0.79	0.88	0.84	0.33	0.87	0.93	0.76	0.71		0.88	0.74	0.16	0.55
Common Stock	0.97	0.86	0.9	0.84	0.98	0.98	0.58	-0.5	0.36	0.98	-0.1	0.38	0.51	0.92	0.97	0.77	0.23	1.0	0.98	0.83	0.71	0.88		0.94	0.32	0.47
Other Liab	0.91	0.72	0.86	0.68	0.94	0.91	0.39	-0.39	0.45	0.91	-0.23	0.49	0.29	0.91	0.95	0.66	0.17	0.94	0.92	0.78	0.52	0.74	0.94		0.35	0.39
Other Assets	0.38	0.29	0.27	0.25	0.41	0.31	-0.12	0.29	0.7	0.34	0.06	0.71	0.02	0.46	0.33	0.21	0.13	0.31	0.32	0.57	0.18	0.16	0.32	0.35		0.29
Long Term Debt	0.58	0.77	0.44	0.4	0.5	0.53	0.62	0.06	0.35	0.56	0.7	0.37	0.2	0.59	0.6	0.68	0.53	0.43	0.57	0.65	0.06	0.55	0.47	0.39	0.29

Click cells to compare fundamentals

Newmont Goldcorp Account Relationship Matchups

Newmont Goldcorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.0B	41.4B	40.6B	38.5B	55.5B	58.3B
Short Long Term Debt Total	6.8B	6.7B	6.3B	6.1B	9.4B	9.9B
Other Current Liab	1.2B	1.4B	1.6B	2.0B	2.9B	3.1B
Total Current Liabilities	2.4B	3.4B	2.7B	2.9B	6.0B	6.3B
Total Stockholder Equity	21.4B	23.0B	22.0B	19.4B	29.0B	30.5B
Property Plant And Equipment Net	25.3B	24.3B	24.1B	24.1B	37.6B	39.4B
Net Debt	4.6B	1.2B	1.3B	3.3B	6.4B	6.8B
Retained Earnings	2.3B	4.0B	3.1B	916M	(3.0B)	(2.8B)
Cash	2.2B	5.5B	5.0B	2.9B	3.0B	1.5B
Non Current Assets Total	33.7B	32.9B	32.9B	32.0B	48.0B	50.4B
Non Currrent Assets Other	2.0B	2.3B	2.5B	2.5B	2.5B	1.7B
Cash And Short Term Investments	2.5B	5.8B	5.1B	3.8B	3.0B	1.6B
Net Receivables	373M	449M	337M	366M	1.2B	1.3B
Common Stock Shares Outstanding	737M	806M	801M	795M	841M	883.1M
Liabilities And Stockholders Equity	40.0B	41.4B	40.6B	38.5B	55.5B	58.3B
Non Current Liabilities Total	15.2B	14.1B	16.0B	16.0B	20.3B	21.3B
Inventory	1.8B	1.8B	1.8B	1.8B	2.6B	2.8B
Other Current Assets	570M	436M	498M	639M	618M	323.3M
Other Stockholder Equity	18.1B	17.9B	17.8B	17.1B	30.2B	31.7B
Total Liab	17.6B	17.5B	18.7B	18.9B	26.3B	27.6B
Total Current Assets	6.3B	8.5B	7.7B	6.5B	7.5B	7.9B
Short Term Debt	100M	780M	193M	96M	2.0B	2.1B
Accounts Payable	539M	493M	518M	633M	960M	1.0B
Common Stock	1.3B	1.3B	1.3B	1.3B	1.9B	1.9B
Other Liab	8.4B	8.1B	9.9B	9.9B	11.4B	12.0B
Other Assets	2.4B	28.9B	7.1B	7.2B	8.2B	4.7B
Long Term Debt	6.1B	5.5B	5.6B	5.6B	7.0B	4.3B
Short Term Investments	237M	290M	82M	880M	23M	21.9M
Property Plant Equipment	25.3B	1.7B	1.8B	1.7B	2.0B	1.9B
Current Deferred Revenue	523M	1.0B	770M	173M	88M	83.6M
Accumulated Other Comprehensive Income	(265M)	(216M)	(133M)	29M	14M	13.3M
Common Stock Total Equity	1.3B	1.3B	1.3B	1.3B	1.5B	935.4M
Property Plant And Equipment Gross	25.3B	24.3B	40.1B	42.2B	57.6B	60.5B
Net Tangible Assets	18.8B	20.3B	19.3B	17.4B	20.0B	14.9B
Noncontrolling Interest In Consolidated Entity	950M	837M	(209M)	179M	161.1M	153.0M
Retained Earnings Total Equity	2.3B	4.0B	3.1B	916M	824.4M	1.6B
Long Term Debt Total	6.1B	6.0B	6.1B	6.0B	6.9B	5.9B
Capital Surpluse	18.2B	18.1B	18.0B	17.4B	20.0B	12.6B

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When determining whether Newmont Goldcorp Corp is a strong investment it is important to analyze Newmont Goldcorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newmont Goldcorp's future performance. For an informed investment choice regarding Newmont Stock, refer to the following important reports:

How To Invest In Newmont

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Is Newmont Stock a good investment?

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What is Newmont Goldcorp's Net Worth?

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Largest Metals & Mining Companies

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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 income.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

3.039

Dividend Share

Earnings Share

(2.19)

Revenue Per Share

15.331

Quarterly Revenue Growth

0.847

The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Newmont Price To Sales Ratio vs Free Cash Flow Yield Analysis

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Free Cash Flow Yield

Newmont Goldcorp fundamental ratios Correlations

Newmont Goldcorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Newmont Goldcorp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Assets Total
Common Stock	+ 1.0	Other Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Short Term Debt	- 0.67	Retained Earnings
Retained Earnings	- 0.58	Other Current Liab
Other Stockholder Equity	- 0.54	Retained Earnings
Common Stock	- 0.5	Retained Earnings
Retained Earnings	- 0.44	Net Debt
Retained Earnings	- 0.44	Total Current Liabilities