Is Newmont Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Newmont Corp. has moved from attractive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 12, while the EV to EBITDA ratio is 6.42, and the PEG ratio is notably low at 0.01, indicating potential growth at a reasonable price.
In comparison to peers, Newmont Corp. has a P/E ratio of 13.99 and an EV to EBITDA of 7.88, suggesting it is slightly below the industry average in terms of valuation. The company has outperformed the S&P 500 significantly over various periods, with a year-to-date return of 143.87% compared to the S&P 500's 13.30%, reinforcing the attractiveness of its recent performance despite the current valuation grade.