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STOCK COMPARISON

Gold Royalty vs Newmont Goldcorp: Fair Value & Quality

Both stocks run through our valuation models. Here is how Gold Royalty (GROY) and Newmont Goldcorp (NEM) compare, as of Oct 2, 2026.

As of Oct 2, 2026, Fair Value Calculator sees Newmont Goldcorp as the more attractively valued of the two: Gold Royalty trades at $2.99 versus a fair value of $0.26 (−91.2%), while Newmont Goldcorp trades at $115 versus $127 (+10.6%).
Gold Royalty
GROY · USD · Materials
−91.2%
upside to fair value
overvalued
Price$2.99
Fair Value$0.26
Quality34/100
Newmont Goldcorp
NEM · USD · Materials
+10.6%
upside to fair value
undervalued
Price$115
Fair Value$127
Quality69/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Gold RoyaltyNewmont Goldcorp
Valuation
n/aP/E (TTM)14.5×
n/aP/E ex one-offs (FY2025)8.9×
29.9×Forward P/E (FY2027)11.2×
34.71×P/S (TTM)4.78×
1.12×P/B3.63×
77.8×EV/EBITDA7.1×
n/aPEG2.83×
−91.2%Fair value upside+10.6%
n/aDividend yield0.9%
n/aDividend per share$1.03
Profitability
27.7%Operating margin51.6%
n/aEBIT margin trend (5Y)1.80×
0.2%Return on equity25.9%
0.4%Return on assets15.8%
Growth
76.1%Revenue growth (YoY)15.1%
58.2%Avg. growth/yr (3Y)22.7%
n/aAvg. growth/yr (5Y)14.1%
n/aValue creation/yr+40.9%
Balance & size
0.2×Interest coverage (EBIT/interest)34.4×
0.07×Debt / equity0.15×
$783MMarket cap$123B
mixedGrowth qualityhealthy
The P/E excluding one-off items is only shown where the special items are documented in the accounts (our own raw data or SEC filings). If one side lacks it, the reported P/E stays scored.
Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.

Newmont Goldcorp leads: 3 to 7 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Gold Royaltyof which business quality 34 · market factors 27 Newmont Goldcorpof which business quality 68 · market factors 64
ProfitabilityMargins and returns on capital today
7
61
Quality GrowthAre margins and returns improving?
80
92
CashflowEarnings quality: real cash, not paper profit
24
81
Fin. StrengthBalance sheet, leverage, solvency risk
61
85
InvestmentDisciplined investing over empire-building
40
22
Low VolatilityCalm price path (market factor)
38
59
MomentumPrice trend over the last 3–12 months (market factor)
28
65
52W MomentumDistance to the 52-week high (market factor)
13
70
Net IssuanceShare count: buybacks or dilution?
0
50

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyGold RoyaltyPrice $2.99Newmont GoldcorpPrice $115
DCF Models−89.3%below the price$0.32+25.8%above the price$144
Earnings-Basedn/a−35.8%below the price$73.63
Multiples−99.0%below the price$0.03−8.1%close to the price$105
Asset-Based−32.4%below the price$2.02−81.2%below the price$21.53
Growth DCF−87.3%below the price$0.38−3.2%close to the price$111
Economic Profitn/a−39.7%below the price$69.15
Growth Earningsn/a−5.2%close to the price$109
Minimum−99.0%below the price$0.03−81.2%below the price$21.53
Maximum−32.4%below the price$2.02+25.8%above the price$144
Median−88.3%below the price$0.35−8.1%close to the price$105
Geometric mean−90.2%below the price$0.29−30.6%below the price$79.53

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Gold Royalty: 9 of 9 models see the stock below the current price.

Newmont Goldcorp: 14 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Gold Royalty
Price $2.99
Fair Value $0.26
Bear $0.11Bull $0.39
Newmont Goldcorp
Price $115
Fair Value $127
Bear $95.15Bull $159

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Gold Royalty · Materials

Quality score34 · bottom 25%
Fair value upside−91.2% · bottom 25%

Newmont Goldcorp · Materials

Quality score69 · Top 25%
Fair value upside+10.6% · above median

Bottom line

As of Oct 2, 2026, Fair Value Calculator sees Newmont Goldcorp as the more attractively valued of the two: Gold Royalty trades at $2.99 versus a fair value of $0.26 (−91.2%), while Newmont Goldcorp trades at $115 versus $127 (+10.6%).

Newmont Goldcorp has the higher quality score (69/100).

Open Newmont Goldcorp live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.