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Newmont (ASX:NEM) Cyclically Adjusted Revenue per Share : A$24.23 (As of Sep. 2024)


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What is Newmont Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Newmont's adjusted revenue per share for the three months ended in Sep. 2024 was A$5.920. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is A$24.23 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Newmont's average Cyclically Adjusted Revenue Growth Rate was -0.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Newmont was 9.40% per year. The lowest was -1.30% per year. And the median was 1.80% per year.

As of today (2024-12-15), Newmont's current stock price is A$65.23. Newmont's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was A$24.23. Newmont's Cyclically Adjusted PS Ratio of today is 2.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Newmont was 5.01. The lowest was 0.94. And the median was 2.32.


Newmont Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Newmont's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Newmont Cyclically Adjusted Revenue per Share Chart

Newmont Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 24.10

Newmont Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 24.10 24.89 25.19 24.23

Competitive Comparison of Newmont's Cyclically Adjusted Revenue per Share

For the Gold subindustry, Newmont's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Newmont's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newmont's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Newmont's Cyclically Adjusted PS Ratio falls into.



Newmont Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Newmont's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=5.92/133.0289*133.0289
=5.920

Current CPI (Sep. 2024) = 133.0289.

Newmont Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.747 99.070 5.031
201503 5.107 99.621 6.820
201506 4.887 100.684 6.457
201509 4.171 100.392 5.527
201512 3.774 99.792 5.031
201603 3.670 100.470 4.859
201606 4.230 101.688 5.534
201609 4.425 101.861 5.779
201612 4.497 101.863 5.873
201703 4.160 102.862 5.380
201706 4.633 103.349 5.964
201709 4.396 104.136 5.616
201712 4.704 104.011 6.016
201803 4.378 105.290 5.531
201806 4.144 106.317 5.185
201809 4.478 106.507 5.593
201812 5.340 105.998 6.702
201903 4.767 107.251 5.913
201906 4.232 108.070 5.209
201909 4.842 108.329 5.946
201912 5.247 108.420 6.438
202003 5.130 108.902 6.267
202006 4.257 108.767 5.207
202009 5.443 109.815 6.594
202012 5.571 109.897 6.744
202103 4.645 111.754 5.529
202106 4.993 114.631 5.794
202109 4.950 115.734 5.690
202112 5.939 117.630 6.717
202203 5.163 121.301 5.662
202206 5.474 125.017 5.825
202209 4.966 125.227 5.275
202212 5.950 125.222 6.321
202303 5.048 127.348 5.273
202306 5.029 128.729 5.197
202309 4.873 129.860 4.992
202312 6.039 129.419 6.207
202403 5.321 131.776 5.372
202406 5.740 132.554 5.761
202409 5.920 133.029 5.920

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Newmont  (ASX:NEM) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Newmont's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=65.23/24.23
=2.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Newmont was 5.01. The lowest was 0.94. And the median was 2.32.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Newmont Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Newmont's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Newmont Business Description

Industry
Address
6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 5.5 million ounces of gold in 2024 from its core mines and 6.8 million in total. It is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.