Newmont Corp’s share price is лв80.9. Its GF Value is лв70.24. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Newmont Corp stock is .
The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.
In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:
| Price: лв80.9 | GF Value | Price/GF Value | ||
|---|---|---|---|---|
| Current | лв70.24 | 1.15 | ||
| Next FY1 End | лв73.38 | 1.10 | ||
| Next 12 Month | лв76.59 | 1.06 | ||
| Next FY2 End | лв78.9 | 1.03 |
GuruFocus performed a correlation analysis comparing Newmont Corp's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.
The findings reveal that Newmont Corp's stock price shows no significant correlation with any of these four metrics.