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Newcrest is a gold business based in Australia. Newcrest shares (NCM) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Newcrest has a trailing 12-month revenue of around $4.5 billion. If you're looking to buy shares, check out the steps below.
|52-week range||$18.3425 - $28.6767|
|50-day moving average||$25.1276|
|200-day moving average||$25.949|
|Dividend yield||$0.35 (2.3%)|
|Earnings per share (TTM)||$1.33|
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 month (2023-11-02)||23.35|
|3 months (2023-09-01)||-9.39%|
|6 months (2023-06-02)||-15.09%|
|1 year (2022-12-02)||10.72%|
|2 years (2021-12-02)||1.48%|
|3 years (2020-12-02)||-16.16%|
|5 years (2018-11-30)||12.53%|
Valuing Newcrest stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Newcrest's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Newcrest's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Newcrest shares trade at around 18x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Newcrest's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.117. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Newcrest's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Newcrest's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2 billion (£1 billion).
The EBITDA is a measure of a Newcrest's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$4.5 billion|
|Operating margin TTM||25.18%|
|Gross profit TTM||$1.2 billion|
|Return on assets TTM||3.56%|
|Return on equity TTM||6.66%|
|Market capitalisation||$20.9 billion|
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Newcrest.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 35.48
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Newcrest's overall score of 35.48 (as at 01/01/2019) is pretty weak – landing it in it in the 74th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Newcrest is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 22.51/100
Newcrest's environmental score of 22.51 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Newcrest is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 10.49/100
Newcrest's social score of 10.49 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Newcrest is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 7.48/100
Newcrest's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Newcrest is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Newcrest scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Newcrest hasn't always managed to keep its nose clean.
|Total ESG score||35.48|
|Total ESG percentile||74.28|
|Environmental score percentile||5|
|Social score percentile||5|
|Governance score percentile||5|
|Level of controversy||3|
Dividend payout ratio: 2.73% of net profits
Recently Newcrest has paid out, on average, around 2.73% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.3% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Newcrest shareholders could enjoy a 2.3% return on their shares, in the form of dividend payments. In Newcrest's case, that would currently equate to about A$0.35 per share.
While Newcrest's payout ratio might seem low, this can signify that Newcrest is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 18 October 2023 (the "ex-dividend date").
Newcrest's shares were split on a 1.0839:1 basis on 17 September 2007. So if you had owned 1 share the day before the split, the next day you would own 1.0839 shares. This wouldn't directly have changed the overall worth of your Newcrest shares – just the quantity. However, indirectly, the new 7.7% lower share price could have impacted the market appetite for Newcrest shares which in turn could have impacted Newcrest's share price.
Over the last 12 months, Newcrest's shares have ranged in value from as little as $18.3425 up to $28.6767. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Newcrest's is 0.701. This would suggest that Newcrest's shares are less volatile than average (for this exchange).
Newcrest Mining Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and gold/copper concentrates. The company is involved in the exploration and production of silver deposits. It primarily owns and operates mines and projects located in Cadia, Telfer, and Havieron, Australia; Lihir and Wafi-Golpu, Papua New Guinea; and Brucejack and Red Chris, Canada. Newcrest Mining Limited was founded in 1966 and is headquartered in Melbourne, Australia. As of October 18, 2023, Newcrest Mining Limited operates as subsidiary of Newmont Corporation.
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