Newmont (NEM) fundamentals: P/E, valuation, undervalued?
Newmont · Materials · ref. ETF XLB · price $115.59
In short — Newmont trades at 14.6× earnings (P/E), 11.6× forward, with a net margin of 33.4 % and revenue growth of +15 %. Read: Fairly valued (P/E 12 in line with ~11% growth (PEG 1.0)).
Is Newmont stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$115.59+27.7% over range
Oct 14, 25low $78.63 · high $135.14Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
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100% recommend buying · 10 analysts
Valuation : Fairly valued — P/E 12 in line with ~11% growth (PEG 1.0)
Valuation
14.6
P/E (price/earnings)
11.6
Forward P/E
1.28
PEG
3.5
Price/book (P/B)
$121.8B
Market cap
7.93
EPS
Profitability & growth
33.4 %
Net margin
+15 %
Revenue growth
+11 %
Earnings growth
$5.6B
Total debt
Newmont income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $11.9B | $-429M | -3.6 % |
| 2023 | $11.8B | $-2.5B | -21.0 % |
| 2024 | $18.7B | $3.3B | 17.9 % |
| 2025 | $22.7B | $7.1B | 31.3 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Newmont's P/E and is the stock undervalued? What's a good P/E?
Newmont's P/E is 14.6 (forward 11.6). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Fairly valued".
Is Newmont profitable?
Newmont has a net margin of 33.4 % (EPS 7.93). The company is profitable.
Is NEM stock expensive?
Our read: "Fairly valued" — P/E 12 in line with ~11% growth (PEG 1.0). Cross-check with growth and sector.
💬 A question about Newmont? The JPI assistant answers using our backtest data.