Newmont (MEX:NEM) ROCE %: 35.74% (As of Mar. 2026)


MEX:NEM Newmont Corp MEX:NEM
81 GF Score
Price MXN1,660.00
GF Value MXN1,263.76
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Newmont ROCE %?

Newmont MEX:NEM +1.22% 81 ROCE % is 35.74% as of Mar. 2026. GuruFocus rates MEX:NEM with a GF Score™ of 81/100 and a GF Value™ of MXN1,263.76 (Significantly Overvalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Newmont's annualized ROCE % for the quarter that ended in Mar. 2026 was 35.74%.

Newmont  (MEX:NEM) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Newmont ROCE % Related Terms

Newmont ROCE % Historical Data

* Premium members only.

The historical data trend for Newmont's ROCE % 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.

Newmont ROCE % Chart

Newmont Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 0.47 -3.96 11.12 21.44

Newmont Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 20.43 24.27 20.18 25.73 35.74
MEX:NEM
81GF Score
Newmont Corp MEX:NEM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Newmont ROCE % Calculation

Newmont's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=208343.955/( ( (1175197.838 - 157314.545) + (1028503.59 - 102848.558) )/ 2 )
=208343.955/( (1017883.293+925655.032)/ 2 )
=208343.955/971769.1625
=21.44 %

Newmont's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=333388.556/( ( (1028503.59 - 102848.558) + (1039945.81 - 99738.864) )/ 2 )
=333388.556/( ( 925655.032 + 940206.946 )/ 2 )
=333388.556/932930.989
=35.74 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 35.74% mean?
Newmont (MEX:NEM) has a ROCE % of 35.74% as of Mar. 2026.
Is Newmont's ROCE % too high?
Newmont's current ROCE % is 35.74%. Overall, Newmont has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newmont's ROCE % compare to AU and CDE?
Newmont's ROCE % of 35.74% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Newmont's current ROCE % is 35.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmont stock overvalued right now?
Based on GuruFocus' analysis, Newmont (MEX:NEM) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,263.76, compared to a current price of MXN1,660.00 — trading 31.4% above its estimated fair value. The current ROCE % is 35.74%. Newmont's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Newmont (MEX:NEM), the current ROCE % is 35.74% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Newmont (MEX:NEM) Overvalued in 2026?

Based on GuruFocus' analysis, Newmont stock appears to be overvalued. The current stock price of MXN1,660.00 is trading 31.4% above its estimated GF Value™ of MXN1,263.76. GuruFocus considers Newmont to be Significantly Overvalued.

Key valuation signals for MEX:NEM:

  • ROCE %: 35.74%
  • GF Value™: MXN1,263.76 vs. price of MXN1,660.00 (31.4% above fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the MEX:NEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Newmont Business Description

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 11 mines and interests in two joint ventures in the Americas, Africa, Australia, and Papua New Guinea. The company is expected to sell roughly 5.3 million ounces of gold in 2026 from its continuing mines after selling six higher-cost, smaller mines following the Newcrest acquisition. 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 2025.
81GF Score

Get the complete analysis for MEX:NEM

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,660.00
Price
MXN1,263.76
GF Value