NEM vs AU vs AGI Stock Comparison

Newmont, AngloGold Ashanti and Alamos Gold Prices as of Oct 23, 2026 Peers: Industry group
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NEM NEWMONT Corp /DE/
$108.86 -11.9% 1M +22.4% 1Y
Market cap
$115.72B
P/E
12.5x
Revenue (TTM)
$26.61B
Div. yield
0.01%
Gold Basic Materials
4 wins
AU AngloGold Ashanti PLC
$83.57 -15.4% 1M +21.8% 1Y
Market cap
$43.27B
P/E
11.4x
Revenue (TTM)
$11.83B
Div. yield
–
Gold Basic Materials
5 wins
AGI Alamos Gold Inc
$29.95 -13.2% 1M -6.0% 1Y
Market cap
$12.69B
P/E
10.8x
Revenue (TTM)
$2.23B
Div. yield
–
Gold Basic Materials
2 wins

Head to Head

11 decided of 12

AngloGold Ashanti leads on 5 of the 12 questions below (AngloGold Ashanti 5, Newmont 4, Alamos Gold 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNEMAUAGILeader
Larger companyMarket capitalisation $115.72B $43.27B $12.69B NEM
Cheaper on earningsLower P/E, profitable companies only 12.5x 11.4x 10.8x AGI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.5x 9.6x 13.0x AU
Faster revenue growthRevenue growth, trailing twelve months +23.7% +54.6% +47.8% AU
More profitableNet margin, trailing twelve months 34.7% 32.2% 52.6% AGI
Better return on capitalReturn on invested capital 8.6% 40.5% 30.3% AU
Less leveragedLower net debt / EBITDA -0.5x — -0.3x NEM
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +22.4% +21.8% -6.0% NEM
Better 5-year returnAnnualised price return, 5 years +13.6%/yr +33.8%/yr +30.2%/yr AU
Less volatileAnnualised volatility, 1 year 48.7% 60.4% 54.8% NEM
Higher overall scoreMean of the five percentile scores vs peers 72/100 81/100 72/100 AU

Percentile Scorecard

NEMAUAGI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNEMAUAGI
Valuation 72 #46 of 162 76 #40 of 162 60 #65 of 162
Growth 83 #26 of 147 88 #18 of 147 78 #33 of 147
Profitability 84 #20 of 122 97 #5 of 122 89 #14 of 122
Financial Health 54 #77 of 166 49 #85 of 166 69 #52 of 166
Shareholder Returns 65 #38 of 107 97 #4 of 107 62 #41 of 107
Overall 72 81 72
  • NEM ranked among 176 companies in Metals and Mining
  • AU ranked among 176 companies in Metals and Mining
  • AGI ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNEMAUAGISPY
1 month -11.9%-15.4%-13.2% -1.0%
3 months +16.8%+4.9%+1.2% +2.9%
6 months -9.8%-15.8%-33.7% +6.4%
Year to date +9.0%-2.0%-22.4% +11.4%
1 year +22.4%+21.8%-6.0% +13.1%
3 years +183.1%+347.1%+131.8% +79.4%
3 years, per year +41.5%+64.8%+32.4% +21.5%
5 years +89.0%+328.1%+274.4% +67.7%
5 years, per year +13.6%+33.8%+30.2% +10.9%
10 years +199.5%+502.1%+244.3% +255.2%
10 years, per year +11.6%+19.7%+13.2% +13.5%

Risk

MeasureNEMAUAGISPY
Volatility, 1Y 48.7%60.4%54.8% 12.7%
Downside volatility, 1Y 52.5%62.1%59.3% 12.7%
Beta vs S&P 500, 1Y 1.702.131.85 1.00
Return / volatility, 1Y 0.460.36-0.11 1.03
Max drawdown, 5Y -65.0%-52.8%-49.7% -25.4%
From 52-week high -19.4%-34.8%-45.9% -2.5%
52-week high $135.14$128.26$55.33 $779.14
52-week low $78.63$63.61$27.82 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNEMAUAGI
P/E now vs peer median 12.4xmedian 12.7x 11.2xmedian 12.7x 10.7xmedian 12.7x
P/S now vs peer median 4.3xmedian 3.1x 3.6xmedian 3.1x 5.6xmedian 3.1x
EV/EBITDA now vs peer median 13.5xmedian 6.9x —median 6.9x 7.2xmedian 6.9x
P/FCF now vs peer median 11.2xmedian 15.1x 6.7xmedian 15.1x -109.3xmedian 15.1x
P/B now vs peer median 3.2xmedian 2.1x 4.7xmedian 2.1x 2.6xmedian 2.1x
PEG now vs peer median 0.10median 0.27 —median 0.27 0.12median 0.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNEMAUAGI
Revenue $26.61B $11.83B $2.23B
Gross profit $18.41B $6.48B –
Operating income $5.60B $4.91B $1.49B
Net income $9.44B $4.48B $1.17B
Free cash flow $10.07B $6.34B -$115.10M
R&D $193.00M $259.00M $27.80M
EPS (diluted) $8.79 $7.48 $2.78
Cash & equivalents $8.83B $2.78B $636.90M
Total debt $5.09B $1.57B $900.00M
Shares (diluted) 1.05B 509.09M 422.66M
Enterprise value $80.86B $31.16B $10.12B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNEMAUAGI
P/E 12.4x 11.2x 10.7x
P/FCF 11.2x 6.7x -109.3x
P/Operating cash flow 8.6x 6.8x –
P/S 4.3x 3.6x 5.6x
P/B 3.2x 4.7x 2.6x
P/Tangible book 3.2x 4.7x 2.6x
EV/EBITDA 13.5x – 7.2x
EV/EBIT 19.5x 8.3x 8.1x
EV/Revenue 4.1x 3.5x 5.4x
EV/FCF 10.9x 6.4x -105.1x
EV/Operating cash flow 8.4x 6.6x –
PEG (3Y EPS CAGR) 0.10 – 0.12

Growth

14 metrics
MetricNEMAUAGI
Revenue growth (1Y) 23.7% 54.6% 47.8%
Revenue CAGR (3Y) 34.0% – 32.5%
Gross profit growth (1Y) 41.0% 97.4% –
Gross profit CAGR (3Y) 55.7% – –
Operating income growth (1Y) 298.7% 165.2% 128.1%
Operating income CAGR (3Y) 42.0% – 80.0%
Net income growth (1Y) 30.4% 115.8% 238.3%
Net income CAGR (3Y) 136.8% – 92.1%
EPS growth (1Y) 34.6% 78.5% 228.6%
EPS CAGR (3Y) 119.7% – 90.4%
Operating cash flow growth (1Y) 42.0% 103.4% –
Operating cash flow CAGR (3Y) 60.7% – –
Free cash flow growth (1Y) 64.6% 108.6% -144.0%
Free cash flow CAGR (3Y) 136.1% – -30.7%

Profitability

14 metrics
MetricNEMAUAGI
Gross margin 69.2% 54.8% –
EBITDA margin 30.6% – 75.7%
Operating margin 21.0% 41.5% 66.8%
Pretax margin 52.8% 51.7% 75.9%
Net margin 34.7% 32.2% 52.6%
FCF margin 37.9% 53.6% -5.2%
Operating cash flow margin 49.2% 52.3% –
Return on equity 26.5% 46.3% 24.9%
Return on assets 16.3% 28.7% 17.7%
Return on invested capital 8.6% 40.5% 30.3%
Return on capital employed 10.7% 35.2% 24.5%
Asset turnover 0.5x 0.8x 0.3x
Cash conversion (OCF / net income) 1.4x 1.4x –
Stock comp / revenue – – 2.1%

Financial Health

11 metrics
MetricNEMAUAGI
Debt / assets 8.7% 10.1% 3.0%
Debt / equity 0.1x 0.2x 0.0x
Net debt / EBITDA -0.5x – -0.3x
Debt / FCF 0.5x 0.2x -1.7x
Liabilities / assets 38.4% 42.4% 28.4%
Equity / assets 61.6% 57.6% 71.6%
Interest coverage – – 316.7x
Current ratio 2.5x 2.7x 2.1x
Quick ratio 1.9x 2.1x 1.3x
Cash ratio 1.6x 1.8x 1.2x
Altman Z-score 4.14 – 5.25

Shareholder Returns

7 metrics
MetricNEMAUAGI
Dividend yield 0.9% 5.4% 0.5%
Net buyback yield 5.0% – 0.0%
Shareholder yield 6.0% 5.4% 0.5%
Payout ratio (earnings) 11.7% – –
Payout ratio (FCF) 10.9% – –
Dividend growth (1Y) -1.2% – –
Dividend CAGR (3Y) -7.4% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNEMAUAGI
Forward P/E 11.5xFY2026 9.6xFY2026 13.0xFY2026
EPS, next fiscal year $9.48FY2026 $8.67FY2026 $2.31FY2026
EPS growth, next FY +37.6%FY2026 +61.5%FY2026 +65.0%FY2026
EPS growth, the year after +13.9% +11.0% +20.3%
Revenue, next fiscal year $24.93BFY2026 $11.91BFY2026 $2.53BFY2026
Revenue growth, next FY +10.0%FY2026 +22.5%FY2026 +39.8%FY2026
Revenue growth, the year after +21.3% +4.2% +27.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNEMAUAGI
Held by institutions 77.2% 45.9% 56.4%
Institutions holding 1,786 563 472
Change in shares held, QoQ +1.5% +3.0% -1.1%
Institutions buying 841 323 240
Institutions selling 719 166 151
Buyers to sellers 1.17 1.95 1.59

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NEMAUAGI
NEM 1.00 0.86 0.82
AU 0.86 1.00 0.83
AGI 0.82 0.83 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, NEM, AU and AGI?

Newmont (NEM) is the largest by market capitalisation: Newmont (NEM) $115.72B, AngloGold Ashanti (AU) $43.27B, Alamos Gold (AGI) $12.69B.

Which stock is cheaper, NEM, AU and AGI?

Alamos Gold (AGI) trades on the lowest price-to-earnings ratio (Newmont (NEM) 12.5x, AngloGold Ashanti (AU) 11.4x, Alamos Gold (AGI) 10.8x). On next year's consensus earnings, AngloGold Ashanti (AU) is cheapest (Newmont (NEM) 11.5x, AngloGold Ashanti (AU) 9.6x, Alamos Gold (AGI) 13.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

AngloGold Ashanti (AU) grew revenue fastest over the trailing twelve months: Newmont (NEM) +23.7%, AngloGold Ashanti (AU) +54.6%, Alamos Gold (AGI) +47.8%.

Which company is more profitable?

Alamos Gold (AGI) has the highest net margin (Newmont (NEM) 34.7%, AngloGold Ashanti (AU) 32.2%, Alamos Gold (AGI) 52.6%). On return on invested capital, AngloGold Ashanti (AU) leads (Newmont (NEM) 8.6%, AngloGold Ashanti (AU) 40.5%, Alamos Gold (AGI) 30.3%).

Which stock has performed better?

Over the past year Newmont (NEM) returned the most: Newmont (NEM) +22.4%, AngloGold Ashanti (AU) +21.8%, Alamos Gold (AGI) -6.0%. Over five years, AngloGold Ashanti (AU) compounded fastest (Newmont (NEM) +13.6%/yr, AngloGold Ashanti (AU) +33.8%/yr, Alamos Gold (AGI) +30.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Newmont (NEM) 0.01%, AngloGold Ashanti (AU) 0.00%, Alamos Gold (AGI) 0.00%. AngloGold Ashanti (AU) and Alamos Gold (AGI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Newmont (NEM) has been the steadiest (Newmont (NEM) 48.7%, AngloGold Ashanti (AU) 60.4%, Alamos Gold (AGI) 54.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NEM, AU and AGI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, AngloGold Ashanti (AU) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.