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Newcrest Mining (ASX:NCM) PEG Ratio : 2.08 (As of May. 14, 2024)


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What is Newcrest Mining PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Newcrest Mining's PE Ratio without NRI is 18.09. Newcrest Mining's 5-Year EBITDA growth rate is 8.70%. Therefore, Newcrest Mining's PEG Ratio for today is 2.08.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Newcrest Mining's PEG Ratio or its related term are showing as below:

ASX:NCM' s PEG Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.12   Max: 3.7
Current: 2.08


During the past 13 years, Newcrest Mining's highest PEG Ratio was 3.70. The lowest was 0.28. And the median was 1.12.


ASX:NCM's PEG Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 1.23 vs ASX:NCM: 2.08

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Newcrest Mining PEG Ratio Historical Data

The historical data trend for Newcrest Mining's PEG Ratio 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.

Newcrest Mining PEG Ratio Chart

Newcrest Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.23 1.02 1.14 2.36

Newcrest Mining Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
PEG Ratio 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 1.02 - 1.14 - 2.36

Competitive Comparison of Newcrest Mining's PEG Ratio

For the Gold subindustry, Newcrest Mining's PEG Ratio, along with its competitors' market caps and PEG 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.


Newcrest Mining's PEG Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newcrest Mining's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Newcrest Mining's PEG Ratio falls into.



Newcrest Mining PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Newcrest Mining's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=18.086754453912/8.70
=2.08

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Newcrest Mining  (ASX:NCM) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Newcrest Mining PEG Ratio Related Terms

Thank you for viewing the detailed overview of Newcrest Mining's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Newcrest Mining (ASX:NCM) Business Description

Traded in Other Exchanges
N/A
Address
600 Saint Kilda Road, Level 8, Melbourne, VIC, AUS, 3004
Newcrest is an Australia-based gold and, to a lesser extent, copper miner. Operations are mainly in Australia and Papua New Guinea. The company also owns a 32% stake in the Fruta Del Norte gold mine in Ecuador, while the acquisition of Brucejack in 2022 adds to its 70% stake in the Red Chris mine in Canada. The company is likely to produce around 2 million ounces of gold per year over the next decade, making it one of the larger global gold producers but still only accounting for less than 2% of total supply. Cash costs are below the industry average, underpinned by improvements at Lihir and Cadia. Organic growth options include its Havieron prospect, the Red Chris underground mine, and the high-grade Wafi-Golpu copper-gold prospect in PNG.

Newcrest Mining (ASX:NCM) Headlines

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