Using the PEG framework with analyst consensus forward EPS growth of 15.0% plus 1.0% dividend yield, Newmont Corporation has a fair value of $152.68 based on NTM EPS (FY2026) of $10.15. The current PEG ratio is 0.66.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
PEG works well for steady growers with predictable earnings.
| EPS Growth RateForward | 14.0% |
| Dividend Yield | +1.0% |
| Adjusted Growth (clamped 8–25%) | 15.0% |
| Fair P/E | 15.0x |
| NTM EPS (FY2026) | $10.15 |
| Fair Value | $152.68 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $6.41 | — | — |
| FY2026E | $10.15 | +58.3% | 12 |
| FY2027E | $11.27 | +11.1% | 12 |
| FY2028E | $10.45 | -7.3% | 13 |
| FY2029E | $10.11 | -3.3% | 12 |
| FY2030E | $12.36 | +22.3% | 6 |
5Y Forward EPS CAGR: 14.0%
| Year | Net Income | EPS | YoY |
|---|---|---|---|
| FY2021 | $1.2B | $1.46 | — |
| FY2022 | $-459.0M | $-0.58 | -139.7% |
| FY2023 | $-2.5B | $-3.00 | — |
| FY2024 | $3.3B | $2.86 | — |
| FY2025 | $7.1B | $6.41 | +124.1% |
4Y Historical EPS CAGR: 44.8%
The PEG Fair Value uses the Price/Earnings-to-Growth framework. A stock is fairly valued when its P/E ratio equals its earnings growth rate (PEG = 1.0). This model adds dividend yield to the growth rate per the original PEGY formula.
Growth rate priority: analyst consensus forward EPS CAGR (when ≥ 3 analysts cover the stock), falling back to historical EPS CAGR. Using EPS rather than net income avoids distortion from share buybacks. The growth rate is clamped between 8% and 25% — below 8% would undervalue stable earners, while above 25% would overvalue unsustainable spikes.