Is Newmont Corp. overvalued or undervalued?

As of 20 February 2025, Newmont Corp. has moved from a risky to an attractive valuation grade, indicating a positive shift in its financial outlook. The company is currently considered undervalued. Key ratios include a P/E ratio of 12, a Price to Book Value of 1.87, and an EV to EBITDA of 6.42, which suggest that the stock is trading at a reasonable price relative to its earnings and book value.
In comparison to its peers, Newmont Corp. has a lower P/E ratio than the industry average of approximately 13.63, and its EV to EBITDA ratio of 6.42 is more favorable than the peer average of 7.14. Additionally, the company's PEG ratio stands at an impressive 0.01, indicating strong growth potential relative to its price. Notably, Newmont Corp. has outperformed the S&P 500 with a year-to-date return of 59.75% compared to the index's 2.44%, reinforcing the attractiveness of its current valuation.