Discounted Cash Flow

Newmont Corp.

NEM · Based on 10 years of SEC filings · Converted from AUD to USD

⚠ Cash flow predictability 35/100 (unstable) — FCF YoY std dev 84%, net income 85% (full history)

DCF estimate unavailable — only_3_profitable_out_of_10

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $4.8b $212.3m $1.2b 4.4% $-0.41
2017 $5.3b (10.0%) $-7.9m (-103.7%) $-621.2m (-152.4%) -0.1% (-103.4%) $-0.11 (73.2%)
2018 $5.2b (-1.7%) $-28.0m (-254.5%) $570.2m (191.8%) -0.5% (-260.7%) $0.53 (581.8%)
2019 $7.0b (34.3%) $-56.7m (-102.6%) $1.0b (76.5%) -0.8% (-50.8%) $3.91 (637.7%)
2020 $8.2b (18.0%) $27.3m (148.1%) $2.6b (155.2%) 0.3% (140.8%) $3.31 (-15.3%)
2021 $8.8b (6.3%) $669.2m (2355.3%) $1.9b (-26.6%) 7.6% (2209.6%) $1.39 (-58.0%)
2022 $8.5b (-2.5%) $-43.0m (-106.4%) $765.3m (-59.4%) -0.5% (-106.6%) $-0.58 (-141.7%)
2023 $8.5b (-0.9%) $-19.4m (55.0%) $63.1m (-91.8%) -0.2% (54.6%) $-3.00 (-417.2%)
2024 $13.4b (58.2%) $-23.7m (-22.2%) $2.1b (3213.6%) -0.2% (22.7%) $2.86 (195.3%)
2025 $16.3b (21.3%) $-58.8m (-148.5%) $5.2b (150.3%) -0.4% (-104.8%) $6.39 (123.4%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in AUD. Values above are converted to USD for comparison with the US-listed share price.

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

only_3_profitable_out_of_10

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.