AEM vs. NEM: A Head-to-Head Stock Comparison
Here’s a clear look at AEM and NEM, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | AEM | NEM |
|---|---|---|
| Company Name | Agnico Eagle Mines Limited | Newmont Corporation |
| Country | Canada | United States |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Metals & Mining |
| GICS Sub-Industry | Gold | Gold |
| Market Capitalization | 98.43 billion USD | 128.82 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
AEM’s market capitalization stands at 98.43 billion USD, while NEM’s is 128.82 billion USD, indicating their market valuations are broadly comparable.
Historical Performance
This chart compares the performance of AEM and NEM by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | AEM | NEM |
|---|---|---|
| 5-Day Price Return | 8.07% | 10.70% |
| 13-Week Price Return | 1.96% | 4.64% |
| 26-Week Price Return | 15.82% | 47.84% |
| 52-Week Price Return | 65.72% | 123.55% |
| Month-to-Date Return | 3.54% | 8.62% |
| Year-to-Date Return | 13.63% | 20.85% |
| 10-Day Avg. Volume | 0.79M | 6.83M |
| 3-Month Avg. Volume | 1.00M | 9.73M |
| 3-Month Volatility | 50.85% | 52.95% |
| Beta | 2.65 | 0.47 |
AEM’s beta of 2.65 points to significantly higher volatility compared to NEM (beta: 0.47), suggesting AEM has greater potential for both gains and losses relative to market movements.
Profitability
Return on Equity (TTM)
AEM
22.01%
Metals & Mining Industry
- Max
- 42.25%
- Q3
- 21.22%
- Median
- 12.20%
- Q1
- 5.06%
- Min
- -17.83%
In the upper quartile for the Metals & Mining industry, AEM’s Return on Equity of 22.01% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
NEM
21.72%
Metals & Mining Industry
- Max
- 42.25%
- Q3
- 21.22%
- Median
- 12.20%
- Q1
- 5.06%
- Min
- -17.83%
In the upper quartile for the Metals & Mining industry, NEM’s Return on Equity of 21.72% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Net Profit Margin (TTM)
AEM
39.46%
Metals & Mining Industry
- Max
- 61.01%
- Q3
- 27.39%
- Median
- 12.19%
- Q1
- 4.72%
- Min
- -20.48%
A Net Profit Margin of 39.46% places AEM in the upper quartile for the Metals & Mining industry, signifying strong profitability and more effective cost management than most of its peers.
NEM
31.25%
Metals & Mining Industry
- Max
- 61.01%
- Q3
- 27.39%
- Median
- 12.19%
- Q1
- 4.72%
- Min
- -20.48%
A Net Profit Margin of 31.25% places NEM in the upper quartile for the Metals & Mining industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin (TTM)
AEM
59.07%
Metals & Mining Industry
- Max
- 90.15%
- Q3
- 42.76%
- Median
- 19.77%
- Q1
- 6.26%
- Min
- -39.91%
An Operating Profit Margin of 59.07% places AEM in the upper quartile for the Metals & Mining industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
NEM
47.91%
Metals & Mining Industry
- Max
- 90.15%
- Q3
- 42.76%
- Median
- 19.77%
- Q1
- 6.26%
- Min
- -39.91%
An Operating Profit Margin of 47.91% places NEM in the upper quartile for the Metals & Mining industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | AEM | NEM |
|---|---|---|
| Return on Equity (TTM) | 22.01% | 21.72% |
| Return on Assets (TTM) | 15.95% | 12.74% |
| Net Profit Margin (TTM) | 39.46% | 31.25% |
| Operating Profit Margin (TTM) | 59.07% | 47.91% |
| Gross Profit Margin (TTM) | 73.94% | 64.33% |
Financial Strength
Current Ratio (MRQ)
AEM
3.15
Metals & Mining Industry
- Max
- 5.16
- Q3
- 3.14
- Median
- 2.59
- Q1
- 1.75
- Min
- 0.54
AEM’s Current Ratio of 3.15 is in the upper quartile for the Metals & Mining industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
NEM
2.29
Metals & Mining Industry
- Max
- 5.16
- Q3
- 3.14
- Median
- 2.59
- Q1
- 1.75
- Min
- 0.54
NEM’s Current Ratio of 2.29 aligns with the median group of the Metals & Mining industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
AEM
0.01
Metals & Mining Industry
- Max
- 1.06
- Q3
- 0.50
- Median
- 0.28
- Q1
- 0.11
- Min
- 0.00
Falling into the lower quartile for the Metals & Mining industry, AEM’s Debt-to-Equity Ratio of 0.01 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
NEM
0.17
Metals & Mining Industry
- Max
- 1.06
- Q3
- 0.50
- Median
- 0.28
- Q1
- 0.11
- Min
- 0.00
NEM’s Debt-to-Equity Ratio of 0.17 is typical for the Metals & Mining industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
AEM
13.07
Metals & Mining Industry
- Max
- 42.22
- Q3
- 22.98
- Median
- 6.63
- Q1
- 2.00
- Min
- -13.32
AEM’s Interest Coverage Ratio of 13.07 is positioned comfortably within the norm for the Metals & Mining industry, indicating a standard and healthy capacity to cover its interest payments.
NEM
184.08
Metals & Mining Industry
- Max
- 42.22
- Q3
- 22.98
- Median
- 6.63
- Q1
- 2.00
- Min
- -13.32
With an Interest Coverage Ratio of 184.08, NEM demonstrates a superior capacity to service its debt, placing it well above the typical range for the Metals & Mining industry. This stems from either robust earnings or a conservative debt load.
Financial Strength at a Glance
| Symbol | AEM | NEM |
|---|---|---|
| Current Ratio (MRQ) | 3.15 | 2.29 |
| Quick Ratio (MRQ) | 2.08 | 1.82 |
| Debt-to-Equity Ratio (MRQ) | 0.01 | 0.17 |
| Interest Coverage Ratio (TTM) | 13.07 | 184.08 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | AEM | NEM |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 66.09% | 20.63% |
| Revenue Growth (TTM vs Prior YoY) | 51.71% | 21.34% |
| 3-Year Revenue CAGR | 27.53% | 23.91% |
| 5-Year Revenue CAGR | 30.57% | 14.54% |
EPS Growth
EPS Growth at a Glance
| Symbol | AEM | NEM |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 108.94% | -3.62% |
| EPS Growth (TTM vs Prior YoY) | 125.93% | 118.49% |
| 3-Year EPS CAGR | 79.65% | -- |
| 5-Year EPS CAGR | 33.31% | 12.75% |
Dividend
Dividend Yield (TTM)
AEM
0.78%
Metals & Mining Industry
- Max
- 2.92%
- Q3
- 1.35%
- Median
- 0.48%
- Q1
- 0.00%
- Min
- 0.00%
AEM’s Dividend Yield of 0.78% is consistent with its peers in the Metals & Mining industry, providing a dividend return that is standard for its sector.
NEM
0.86%
Metals & Mining Industry
- Max
- 2.92%
- Q3
- 1.35%
- Median
- 0.48%
- Q1
- 0.00%
- Min
- 0.00%
NEM’s Dividend Yield of 0.86% is consistent with its peers in the Metals & Mining industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio (TTM)
AEM
14.15%
Metals & Mining Industry
- Max
- 70.98%
- Q3
- 31.99%
- Median
- 15.38%
- Q1
- 0.00%
- Min
- 0.00%
AEM’s Dividend Payout Ratio of 14.15% is within the typical range for the Metals & Mining industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
NEM
15.61%
Metals & Mining Industry
- Max
- 70.98%
- Q3
- 31.99%
- Median
- 15.38%
- Q1
- 0.00%
- Min
- 0.00%
NEM’s Dividend Payout Ratio of 15.61% is within the typical range for the Metals & Mining industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | AEM | NEM |
|---|---|---|
| Dividend Yield (TTM) | 0.78% | 0.86% |
| Dividend Payout Ratio (TTM) | 14.15% | 15.61% |
Valuation
Price-to-Earnings Ratio (TTM)
AEM
18.15
Metals & Mining Industry
- Max
- 59.02
- Q3
- 35.81
- Median
- 22.28
- Q1
- 16.40
- Min
- 6.27
AEM’s P/E Ratio of 18.15 is within the middle range for the Metals & Mining industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
NEM
18.18
Metals & Mining Industry
- Max
- 59.02
- Q3
- 35.81
- Median
- 22.28
- Q1
- 16.40
- Min
- 6.27
NEM’s P/E Ratio of 18.18 is within the middle range for the Metals & Mining industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
AEM
7.16
Metals & Mining Industry
- Max
- 11.56
- Q3
- 6.67
- Median
- 3.28
- Q1
- 1.37
- Min
- 0.20
AEM’s P/S Ratio of 7.16 is in the upper echelon for the Metals & Mining industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
NEM
5.68
Metals & Mining Industry
- Max
- 11.56
- Q3
- 6.67
- Median
- 3.28
- Q1
- 1.37
- Min
- 0.20
NEM’s P/S Ratio of 5.68 aligns with the market consensus for the Metals & Mining industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
AEM
3.94
Metals & Mining Industry
- Max
- 6.56
- Q3
- 4.10
- Median
- 2.78
- Q1
- 1.74
- Min
- 0.41
AEM’s P/B Ratio of 3.94 is within the conventional range for the Metals & Mining industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
NEM
3.22
Metals & Mining Industry
- Max
- 6.56
- Q3
- 4.10
- Median
- 2.78
- Q1
- 1.74
- Min
- 0.41
NEM’s P/B Ratio of 3.22 is within the conventional range for the Metals & Mining industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | AEM | NEM |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 18.15 | 18.18 |
| Price-to-Sales Ratio (TTM) | 7.16 | 5.68 |
| Price-to-Book Ratio (MRQ) | 3.94 | 3.22 |
| Price-to-Free Cash Flow Ratio (TTM) | 21.45 | 17.32 |