NEM vs AU vs IAG Stock Comparison

Newmont, AngloGold Ashanti and Iamgold Prices as of Oct 23, 2026 Peers: Industry group
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
3 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
IAG Iamgold Corp
$16.24 -18.4% 1M +34.9% 1Y
Market cap
$9.41B
P/E
6.5x
Revenue (TTM)
$3.68B
Div. yield
–
Gold Basic Materials
8 wins

Head to Head

11 decided of 12

Iamgold leads on 8 of the 12 questions below (Iamgold 8, Newmont 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNEMAUIAGLeader
Larger companyMarket capitalisation $115.72B $43.27B $9.41B NEM
Cheaper on earningsLower P/E, profitable companies only 12.5x 11.4x 6.5x IAG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.5x 9.6x 8.6x IAG
Faster revenue growthRevenue growth, trailing twelve months +23.7% +54.6% +87.2% IAG
More profitableNet margin, trailing twelve months 34.7% 32.2% 39.4% IAG
Better return on capitalReturn on invested capital 8.6% 40.5% 52.3% IAG
Less leveragedLower net debt / EBITDA -0.5x — 0.0x NEM
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +22.4% +21.8% +34.9% IAG
Better 5-year returnAnnualised price return, 5 years +13.6%/yr +33.8%/yr +41.6%/yr IAG
Less volatileAnnualised volatility, 1 year 48.7% 60.4% 63.4% NEM
Higher overall scoreMean of the five percentile scores vs peers 72/100 81/100 88/100 IAG

Percentile Scorecard

NEMAUIAG

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

AxisNEMAUIAG
Valuation 72 #46 of 162 76 #40 of 162 94 #11 of 162
Growth 83 #26 of 147 88 #18 of 147 97 #6 of 147
Profitability 84 #20 of 122 97 #5 of 122 100 #1 of 122
Financial Health 54 #77 of 166 49 #85 of 166 61 #65 of 166
Shareholder Returns 65 #38 of 107 97 #4 of 107 –
Overall 72 81 88
  • NEM ranked among 176 companies in Metals and Mining
  • AU ranked among 176 companies in Metals and Mining
  • IAG 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

PeriodNEMAUIAGSPY
1 month -11.9%-15.4%-18.4% -1.0%
3 months +16.8%+4.9%+10.9% +2.9%
6 months -9.8%-15.8%-5.7% +6.4%
Year to date +9.0%-2.0%-1.5% +11.4%
1 year +22.4%+21.8%+34.9% +13.1%
3 years +183.1%+347.1%+565.6% +79.4%
3 years, per year +41.5%+64.8%+88.2% +21.5%
5 years +89.0%+328.1%+467.8% +67.7%
5 years, per year +13.6%+33.8%+41.6% +10.9%
10 years +199.5%+502.1%+296.1% +255.2%
10 years, per year +11.6%+19.7%+14.8% +13.5%

Risk

MeasureNEMAUIAGSPY
Volatility, 1Y 48.7%60.4%63.4% 12.7%
Downside volatility, 1Y 52.5%62.1%64.1% 12.7%
Beta vs S&P 500, 1Y 1.702.132.21 1.00
Return / volatility, 1Y 0.460.360.55 1.03
Max drawdown, 5Y -65.0%-52.8%-73.6% -25.4%
From 52-week high -19.4%-34.8%-33.9% -2.5%
52-week high $135.14$128.26$24.57 $779.14
52-week low $78.63$63.61$10.96 $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.

MultipleNEMAUIAG
P/E now vs peer median 12.4xmedian 12.7x 11.2xmedian 12.7x 6.4xmedian 12.7x
P/S now vs peer median 4.3xmedian 3.1x 3.6xmedian 3.1x 2.6xmedian 3.1x
EV/EBITDA now vs peer median 13.5xmedian 6.9x —median 6.9x 3.2xmedian 6.9x
P/FCF now vs peer median 11.2xmedian 15.1x 6.7xmedian 15.1x 4.4xmedian 15.1x
P/B now vs peer median 3.2xmedian 2.1x 4.7xmedian 2.1x 2.2xmedian 2.1x
PEG now vs peer median 0.10median 0.27 —median 0.27 0.06median 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 monthsNEMAUIAG
Revenue $26.61B $11.83B $3.68B
Gross profit $18.41B $6.48B $1.85B
Operating income $5.60B $4.91B $2.54B
Net income $9.44B $4.48B $1.27B
Free cash flow $10.07B $6.34B $2.19B
R&D $193.00M $259.00M $30.20M
EPS (diluted) $8.79 $7.48 $2.49
Cash & equivalents $8.83B $2.78B $501.40M
Total debt $5.09B $1.57B $2.62B
Shares (diluted) 1.05B 509.09M 581.70M
Enterprise value $80.86B $31.16B $7.62B

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
MetricNEMAUIAG
P/E 12.4x 11.2x 6.4x
P/FCF 11.2x 6.7x 4.4x
P/Operating cash flow 8.6x 6.8x 4.8x
P/S 4.3x 3.6x 2.6x
P/B 3.2x 4.7x 2.2x
P/Tangible book 3.2x 4.7x 2.2x
EV/EBITDA 13.5x – 3.2x
EV/EBIT 19.5x 8.3x 3.8x
EV/Revenue 4.1x 3.5x 2.6x
EV/FCF 10.9x 6.4x 4.4x
EV/Operating cash flow 8.4x 6.6x 4.8x
PEG (3Y EPS CAGR) 0.10 – 0.06

Growth

14 metrics
MetricNEMAUIAG
Revenue growth (1Y) 23.7% 54.6% 87.2%
Revenue CAGR (3Y) 34.0% – 58.4%
Gross profit growth (1Y) 41.0% 97.4% 192.3%
Gross profit CAGR (3Y) 55.7% – 154.4%
Operating income growth (1Y) 298.7% 165.2% 57.6%
Operating income CAGR (3Y) 42.0% – 826.2%
Net income growth (1Y) 30.4% 115.8% 34.0%
Net income CAGR (3Y) 136.8% – 112.4%
EPS growth (1Y) 34.6% 78.5% 234.8%
EPS CAGR (3Y) 119.7% – 111.5%
Operating cash flow growth (1Y) 42.0% 103.4% 328.3%
Operating cash flow CAGR (3Y) 60.7% – 67.2%
Free cash flow growth (1Y) 64.6% 108.6% 144.4%
Free cash flow CAGR (3Y) 136.1% – 122.0%

Profitability

14 metrics
MetricNEMAUIAG
Gross margin 69.2% 54.8% 50.3%
EBITDA margin 30.6% – 82.1%
Operating margin 21.0% 41.5% 69.1%
Pretax margin 52.8% 51.7% 49.1%
Net margin 34.7% 32.2% 39.4%
FCF margin 37.9% 53.6% 59.5%
Operating cash flow margin 49.2% 52.3% 54.3%
Return on equity 26.5% 46.3% 29.2%
Return on assets 16.3% 28.7% 21.3%
Return on invested capital 8.6% 40.5% 52.3%
Return on capital employed 10.7% 35.2% 46.9%
Asset turnover 0.5x 0.8x 0.6x
Cash conversion (OCF / net income) 1.4x 1.4x 1.6x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricNEMAUIAG
Debt / assets 8.7% 10.1% 7.5%
Debt / equity 0.1x 0.2x 0.1x
Net debt / EBITDA -0.5x – 0.0x
Debt / FCF 0.5x 0.2x 0.2x
Liabilities / assets 38.4% 42.4% 26.1%
Equity / assets 61.6% 57.6% 73.9%
Interest coverage – – 137.4x
Current ratio 2.5x 2.7x 1.7x
Quick ratio 1.9x 2.1x 1.0x
Cash ratio 1.6x 1.8x 0.9x
Altman Z-score 4.14 – 6.16

Shareholder Returns

7 metrics
MetricNEMAUIAG
Dividend yield 0.9% 5.4% –
Net buyback yield 5.0% – –
Shareholder yield 6.0% 5.4% 0.0%
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.

ConsensusNEMAUIAG
Forward P/E 11.5xFY2026 9.6xFY2026 8.6xFY2026
EPS, next fiscal year $9.48FY2026 $8.67FY2026 $1.88FY2026
EPS growth, next FY +37.6%FY2026 +61.5%FY2026 +54.1%FY2026
EPS growth, the year after +13.9% +11.0% +11.7%
Revenue, next fiscal year $24.93BFY2026 $11.91BFY2026 $3.71BFY2026
Revenue growth, next FY +10.0%FY2026 +22.5%FY2026 +30.6%FY2026
Revenue growth, the year after +21.3% +4.2% +5.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNEMAUIAG
Held by institutions 77.2% 45.9% 65.8%
Institutions holding 1,786 563 319
Change in shares held, QoQ +1.5% +3.0% +1.5%
Institutions buying 841 323 170
Institutions selling 719 166 101
Buyers to sellers 1.17 1.95 1.68

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.

NEMAUIAG
NEM 1.00 0.86 0.86
AU 0.86 1.00 0.86
IAG 0.86 0.86 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NEM, AU and IAG?

Newmont (NEM) is the largest by market capitalisation: Newmont (NEM) $115.72B, AngloGold Ashanti (AU) $43.27B, Iamgold (IAG) $9.41B.

Which stock is cheaper, NEM, AU and IAG?

Iamgold (IAG) trades on the lowest price-to-earnings ratio (Newmont (NEM) 12.5x, AngloGold Ashanti (AU) 11.4x, Iamgold (IAG) 6.5x). On next year's consensus earnings, Iamgold (IAG) is cheapest (Newmont (NEM) 11.5x, AngloGold Ashanti (AU) 9.6x, Iamgold (IAG) 8.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Iamgold (IAG) grew revenue fastest over the trailing twelve months: Newmont (NEM) +23.7%, AngloGold Ashanti (AU) +54.6%, Iamgold (IAG) +87.2%.

Which company is more profitable?

Iamgold (IAG) has the highest net margin (Newmont (NEM) 34.7%, AngloGold Ashanti (AU) 32.2%, Iamgold (IAG) 39.4%). On return on invested capital, Iamgold (IAG) leads (Newmont (NEM) 8.6%, AngloGold Ashanti (AU) 40.5%, Iamgold (IAG) 52.3%).

Which stock has performed better?

Over the past year Iamgold (IAG) returned the most: Newmont (NEM) +22.4%, AngloGold Ashanti (AU) +21.8%, Iamgold (IAG) +34.9%. Over five years, Iamgold (IAG) compounded fastest (Newmont (NEM) +13.6%/yr, AngloGold Ashanti (AU) +33.8%/yr, Iamgold (IAG) +41.6%/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%, Iamgold (IAG) 0.00%. AngloGold Ashanti (AU) and Iamgold (IAG) 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%, Iamgold (IAG) 63.4%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Iamgold (IAG) leads on 8. 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.