Newmont (FRA:NMM) EV-to-EBIT

: -29.53 (As of Today)

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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Newmont's Enterprise Value is €47,890 Mil. Newmont's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €-1,622 Mil. Therefore, Newmont's EV-to-EBIT for today is -29.53.

The historical rank and industry rank for Newmont's EV-to-EBIT or its related term are showing as below:

FRA:NMM' s EV-to-EBIT Range Over the Past 10 Years
Min: -1493.16 Med: 16.29 Max: 662.52
Current: -28.45

During the past 13 years, the highest EV-to-EBIT of Newmont was 662.52. The lowest was -1493.16. And the median was 16.29.

FRA:NMM's EV-to-EBIT is ranked worse than
100% of 581 companies
in the Metals & Mining industry
Industry Median: 12.7 vs FRA:NMM: -28.45

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Newmont's Enterprise Value for the quarter that ended in Dec. 2023 was €49,284 Mil. Newmont's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €-1,622 Mil. Newmont's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.29%.

Newmont EV-to-EBIT Historical Data

The historical data trend for Newmont's EV-to-EBIT 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

10.15

14.39

36.31

227.18

-30.36

Newmont Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EV-to-EBIT																227.18	463.00	-1,418.94	-333.99	-30.36

Competitive Comparison

For the Gold subindustry, Newmont's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the Metals & Mining industry and Basic Materials sector, Newmont's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Newmont's EV-to-EBIT falls into.

Newmont EV-to-EBIT Calculation

Newmont's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	47889.961	/	-1621.634
	=	-29.53

Newmont's current Enterprise Value is €47,890 Mil.
Newmont's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1,622 Mil.

Newmont (FRA:NMM) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Newmont's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 )	=	EBIT	/	Enterprise Value (Q: Dec. 2023 )
	=	-1621.634	/	49283.5378
	=	-3.29 %

Newmont's Enterprise Value for the quarter that ended in Dec. 2023 was €49,284 Mil.
Newmont's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1,622 Mil.

Newmont EV-to-EBIT Related Terms

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Newmont (FRA:NMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (FRA:NMM) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

NEM:USA NEM:Peru NEM:Mexico NEM_KZ:Kazakhstan 1NEM:Italy 0R28:UK NMM:Germany NEM:Chile NGT:Canada N1EM34:Brazil NEM:Australia NEWM:Austria NEM:Argentina

Address

6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237

Website

https://www.newmont.com

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 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.