Newmont Mining Corp.Find Ratings Reports
NEWMONT MINING CORP's gross profit margin for the fourth quarter of its fiscal year 2017 has significantly increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. NEWMONT MINING CORP is extremely liquid. Currently, the Quick Ratio is 2.55 which clearly shows the ability to cover any short-term cash needs. The company managed to increase its liquidity from the same period a year ago, despite already having strong liquidity to begin with. This would indicate improved cash flow.
During the same period, stockholders' equity ("net worth") has remained virtually unchanged only decreasing by 1.04% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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|Income Statement||Q4 FY17||Q4 FY16|
|Net Sales ($mil)||1935.0||1789.0|
|Net Income ($mil)||-527.0||-344.0|
|Balance Sheet||Q4 FY17||Q4 FY16|
|Cash & Equiv. ($mil)||3321.0||2812.0|
|Total Assets ($mil)||20563.0||21031.0|
|Total Debt ($mil)||4065.0||4615.0|
|Profitability||Q4 FY17||Q4 FY16|
|Gross Profit Margin||45.63||-12.02|
|Return on Assets||-0.47||-2.98|
|Return on Equity||-0.56||-2.05|
|Debt||Q4 FY17||Q4 FY16|
|Share Data||Q4 FY17||Q4 FY16|
|Shares outstanding (mil)||533.09||530.47|
|Div / share||0.08||0.05|
|Book value / share||19.9||20.21|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||5627796.0||4651033.0|
HOLD. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. For additional comparison, its price-to-book ratio of 2.11 indicates a discount versus the S&P 500 average of 3.18 and a discount versus the industry average of 2.21. The current price-to-sales ratio is well above the S&P 500 average and above the industry average, indicating a premium. The valuation analysis reveals that, NEWMONT MINING CORP seems to be trading at a premium to investment alternatives within the industry.
|NEM NM||Peers 28.70||NEM 9.58||Peers 11.24|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
NEM's P/E is negative making this valuation measure meaningless.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
NEM is trading at a discount to its peers.
|NEM 24.58||Peers 17.29||NEM NA||Peers 0.64|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.
NEM is trading at a significant premium to its peers.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|NEM 2.11||Peers 2.21||NEM 73.18||Peers 90.05|
Average. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
NEM is trading at a valuation on par with its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, NEM is expected to trail its peers on the basis of its earnings growth rate.
|NEM 3.04||Peers 2.97||NEM 9.49||Peers 19.25|
Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
NEM is trading at a valuation on par with its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
NEM significantly trails its peers on the basis of sales growth