Newmont Goldcorp Shares Owned By Insiders vs. Return On Equity

NEM Stock  USD 41.41  0.16  0.38%   
Considering Newmont Goldcorp's profitability and operating efficiency indicators, Newmont Goldcorp Corp may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Newmont Goldcorp's ability to earn profits and add value for shareholders. At this time, Newmont Goldcorp's Price To Sales Ratio is very stable compared to the past year. As of the 4th of December 2024, EV To Sales is likely to grow to 4.62, while Operating Cash Flow Sales Ratio is likely to drop 0.20. At this time, Newmont Goldcorp's Operating Income is very stable compared to the past year. As of the 4th of December 2024, Net Income Per E B T is likely to grow to 1.30, while Accumulated Other Comprehensive Income is likely to drop about 13.3 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.09710.1022
Notably Down
Slightly volatile
For Newmont Goldcorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Newmont Goldcorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Newmont Goldcorp Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Newmont Goldcorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Newmont Goldcorp Corp over time as well as its relative position and ranking within its peers.
  

Newmont Goldcorp's Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.039
Dividend Share
1
Earnings Share
(2.19)
Revenue Per Share
15.331
Quarterly Revenue Growth
0.847
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Newmont Goldcorp Corp Return On Equity vs. Shares Owned By Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Newmont Goldcorp's current stock value. Our valuation model uses many indicators to compare Newmont Goldcorp value to that of its competitors to determine the firm's financial worth.
Newmont Goldcorp Corp is considered to be number one stock in shares owned by insiders category among its peers. It also is considered to be number one stock in return on equity category among its peers . At this time, Newmont Goldcorp's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Newmont Goldcorp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Newmont Return On Equity vs. Shares Owned By Insiders

Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Newmont Goldcorp

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
0.08 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Newmont Goldcorp

Return On Equity

 = 

Net Income

Total Equity

 = 
-0.0516
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Newmont Return On Equity Comparison

Newmont Goldcorp is currently under evaluation in return on equity category among its peers.

Newmont Goldcorp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Newmont Goldcorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Newmont Goldcorp will eventually generate negative long term returns. The profitability progress is the general direction of Newmont Goldcorp's change in net profit over the period of time. It can combine multiple indicators of Newmont Goldcorp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income14 M13.3 M
Operating Income708 M1.1 B
Income Before Tax-2 B-1.9 B
Total Other Income Expense Net-2.7 B-2.6 B
Net Loss-2.5 B-2.3 B
Income Tax Expense526 M295.7 M
Net Loss-493.4 M-468.7 M
Net Loss-803 M-762.9 M
Non Operating Income Net Other92 M87.4 M
Interest Income143 M123.9 M
Net Interest Income-72 M-75.6 M
Change To Netincome-93.6 M-88.9 M
Net Loss(3.00)(2.85)
Income Quality(1.12)(1.06)
Net Income Per E B T 1.24  1.30 

Newmont Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Newmont Goldcorp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Newmont Goldcorp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Newmont Goldcorp's important profitability drivers and their relationship over time.

Use Newmont Goldcorp in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Newmont Goldcorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Newmont Goldcorp will appreciate offsetting losses from the drop in the long position's value.

Newmont Goldcorp Pair Trading

Newmont Goldcorp Corp Pair Trading Analysis

The ability to find closely correlated positions to Newmont Goldcorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newmont Goldcorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Newmont Goldcorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Newmont Goldcorp Corp to buy it.
The correlation of Newmont Goldcorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Newmont Goldcorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newmont Goldcorp Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Newmont Goldcorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Newmont Goldcorp position

In addition to having Newmont Goldcorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Non-Metallic and Industrial Metal Mining Thematic Idea Now

Non-Metallic and Industrial Metal Mining
Non-Metallic and Industrial Metal Mining Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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When determining whether Newmont Goldcorp Corp is a strong investment it is important to analyze Newmont Goldcorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newmont Goldcorp's future performance. For an informed investment choice regarding Newmont Stock, refer to the following important reports:
To fully project Newmont Goldcorp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Newmont Goldcorp Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Newmont Goldcorp's income statement, its balance sheet, and the statement of cash flows.
Potential Newmont Goldcorp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Newmont Goldcorp investors may work on each financial statement separately, they are all related. The changes in Newmont Goldcorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Newmont Goldcorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.