Validea’s Guru Fundamental Report: NEWMONT CORPORATION (NEM)
Of the 22 guru strategies we follow, NEWMONT CORPORATION (NEM) rates highest using our P/E/Growth Investor model, based on the published strategy of Peter Lynch. This strategy targets stocks trading at a reasonable price relative to earnings growth, while also possessing strong balance sheets.
About NEWMONT CORPORATION (NEM)
NEM is a large-cap value stock in the Gold & Silver industry. Using the Peter Lynch P/E/Growth Investor model, the stock earns a rating of 91% based on its underlying fundamentals and valuation. Typically, a score of 80% or above suggests the strategy has some interest in the stock, while a score above 90% indicates strong interest.
Summary of Strategy Criteria for NEM
| Criterion | Result |
|———————————–|———|
| Inventory to Sales | PASS |
| Yield Adjusted P/E to Growth (PEG) Ratio | PASS |
| Earnings Per Share | PASS |
| Total Debt/Equity Ratio | PASS |
| Free Cash Flow | NEUTRAL |
| Net Cash Position | NEUTRAL |
*Note:* Not all criteria carry equal weight, nor are they fully independent, but this table provides an overview of NEM’s strengths and weaknesses in the context of Peter Lynch’s strategy.
Detailed Analysis of NEWMONT CORPORATION (NEM)
[Link to NEM Guru Analysis]
[Link to NEM Fundamental Analysis]
About Peter Lynch
Peter Lynch is perhaps the greatest mutual fund manager of all time. He managed Fidelity Investments’ Magellan Fund from 1977 until his retirement in 1990, achieving an average annual return of 29.2%—almost double the S&P 500’s 15.8% yearly return over the same period.
Lynch’s common-sense investing approach and quick wit have made him one of the most quoted investors on Wall Street. One of his many pearls of wisdom is:
“Go for a business that any idiot can run — because sooner or later, any idiot probably is going to run it.”
His bestselling book, *One Up on Wall Street*, breaks down his investment philosophy into easy-to-understand concepts, making it accessible for everyday investors.
Additional Research Links
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About Validea
Validea is an investment research service that follows the published strategies of legendary investors. We offer both stock analysis and model portfolios based on gurus who have outperformed the market over the long term, including Warren Buffett, Benjamin Graham, Peter Lynch, and Martin Zweig.
For more information about Validea, please visit [Validea Website].
*Disclaimer:* The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
https://www.nasdaq.com/articles/nem-quantitative-stock-analysis-peter-lynch