Newmont Corporation (NEM) DCF Valuation
Transparent DCF models put Newmont Corporation (NEM)'s fair value in a range of $46.18 – $226.06 — the low end is TGM's conservative base case (5% FCF growth, 10% discount), the high end the analyst consensus (FMP). Today's price of $98.54 sits within that range — roughly fairly valued on these assumptions.
Reverse DCF: at today's $98.54, the market is pricing in roughly +15.7%/yr free-cash-flow growth over the next decade (at a 10% required return) — versus its actual 5-year FCF CAGR of +29.2%. The price assumes a slowdown from its track record — a potential value signal if growth holds.
Current Price
$98.54
Fair-Value Range
$46.18 – $226.06
Market-Implied Growth
+15.7%/yr
vs +29.2% 5Y actual
NEM DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.
Base inputs: FCF $2.9B · 1.07B shares · net cash $2.4B
Estimated Fair Value
$46.18
-53.1% vs $98.54
Sensitivity — fair value by discount rate × terminal growth
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $98.54; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.0% | $56.85 | $59.65 | $62.95 | $66.93 | $71.78 |
| 9.0% | $49.14 | $51.06 | $53.26 | $55.84 | $58.89 |
| 10.0% | $43.27 | $44.63 | $46.18 | $47.94 | $49.98 |
| 11.0% | $38.66 | $39.66 | $40.77 | $42.03 | $43.45 |
| 12.0% | $34.94 | $35.69 | $36.52 | $37.44 | $38.47 |
About Newmont Corporation
Newmont Corporation is primarily involved in the mining and exploration of gold resources. Additionally, the company undertakes prospecting for other base and precious metals, including copper, silver, zinc, and lead. Its operations and assets are geographically widespread, located across various countries such as the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of the close of 2021 (December 31st), Newmont reported substantial proven and probable gold reserves, totaling 92.8 million ounces, and managed a vast land portfolio covering 62,800 square kilometers. Founded in 1916, the company's corporate headquarters are situated in Denver, Colorado.
- Sector
- Basic Materials
- Industry
- Gold
- CEO
- Natascha Viljoen