Research / Stock / NEM
N
NEM
NEWMONT Corp /DE/
135.14
+3.30 +2.50%
close 2026-08-25
Assumptions
1.0%
Market is pricing 1.0%— you agree
Actually grew +15.3%/yrFCF, 2020–2025 — the market is pricing 14.3pts SLOWER than history
10 yrs
3.00%
7.34%
7.3% derived for this company beta 0.59 (1254d vs the S&P 500) · cost of equity 7.3% = 4.7% risk-free + 0.59 × 4.5% premium · treated as all-equity no market cap; capital structure assumed all-equity
Fair value
$135.36
+0.2%
At the market's assumptionsCurrent price $135.14Enterprise value 147.3B
Bear $90.34 (-4.0% growth)Bull $203.09 (6.0%)
Today's market price is inside the range · band = your growth ±5pts, same model · the market itself prices 1.0%
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Present value of each projected year, Y1–Y10
36% the 10 forecast years64% terminal value