Is Newmont Corp. overvalued or undervalued?

As of 24 July 2025, the valuation grade for Newmont Corp. has moved from attractive to very attractive, indicating a stronger position in the market. The company appears to be undervalued, supported by a P/E ratio of 12, which is lower than the peer average of approximately 13.99, and an EV to EBITDA ratio of 6.42, compared to the peer average of 7.88. Additionally, the PEG ratio stands at an impressive 0.01, suggesting significant growth potential relative to its valuation.
In terms of peer comparison, Newmont Corp. is positioned favorably against its competitors, with a higher return on capital employed (ROCE) of 19.69% and return on equity (ROE) of 15.35%. While the company has experienced a decline of 1.67% over the past week, it has significantly outperformed the S&P 500 with a year-to-date return of 110.42% compared to the index's 12.22%. This strong performance reinforces the notion that Newmont Corp. is currently undervalued in the market.