NEWMONT Corp (NEM)

Gold and Silver Ores

Latest Price

$106.61

TTM P/E

12.40

Normalized P/E

40.51

TTM Div Yield

0.73%

Fwd Div Yield

0.73%

Book Value

33.86

P/B Ratio

3.15

Valuation metrics

EPS: $6.39

Book value / share: $31.10

Formula: √(22.5 × EPS × BVPS)

Graham Number

$66.87

40% downside

Norm. op. income: $3.1B (median of 7yr)

Tax rate: 27%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$24.08

78% downside

Base FCF: $2.6B (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$43.99

61% downside

EPS: $6.39

Target P/E: 42×

Formula: EPS × P/E

P/E Fair Value

$268.38

+140% upside

78.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	120.88M	$11.29B	11.34%	-5.21M	2026-06-30
Vanguard Capital Management LLC	69.66M	$6.51B	6.54%	-1.06M	2026-06-30
State Street Corp	52.40M	$4.89B	4.92%	+1.57M	2026-06-30
Vanguard Portfolio Management LLC	38.58M	$3.60B	3.62%	+774.0K	2026-06-30
Van Eck Associates Corp	32.11M	$3.00B	3.01%	-3.88M	2026-06-30
Geode Capital Management, LLC	27.98M	$2.69B	2.62%	-288.8K	2026-06-30
FMR LLC	19.96M	$1.86B	1.87%	+467.4K	2026-06-30
Invesco Ltd.	17.44M	$1.63B	1.64%	+2.87M	2026-06-30
Norges Bank	14.35M	$1.34B	1.35%	-104.0K	2026-06-30
Bank of New York Mellon Corp	13.06M	$1.22B	1.22%	+818.9K	2026-06-30