APD vs. NEM: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at APD and NEM, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
APD’s market capitalization stands at 64.95 billion USD, while NEM’s is 66.67 billion USD, indicating their market valuations are broadly comparable.
APD’s beta of 0.87 points to significantly higher volatility compared to NEM (beta: 0.32), suggesting APD has greater potential for both gains and losses relative to market movements.
Symbol | APD | NEM |
---|---|---|
Company Name | Air Products and Chemicals, Inc. | Newmont Corporation |
Country | US | US |
Sector | Basic Materials | Basic Materials |
Industry | Chemicals - Specialty | Gold |
CEO | Eduardo F. Menezes | Thomas Ronald Palmer |
Price | 291.84 USD | 59.9 USD |
Market Cap | 64.95 billion USD | 66.67 billion USD |
Beta | 0.87 | 0.32 |
Exchange | NYSE | NYSE |
IPO Date | March 17, 1980 | March 17, 1980 |
ADR | No | No |
Historical Performance
This chart compares the performance of APD 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.
Profitability
Return on Equity
APD
9.65%
Chemicals - Specialty Industry
- Max
- 34.45%
- Q3
- 15.78%
- Median
- 7.65%
- Q1
- 2.96%
- Min
- -12.04%
APD’s Return on Equity of 9.65% is on par with the norm for the Chemicals - Specialty industry, indicating its profitability relative to shareholder equity is typical for the sector.
NEM
16.86%
Gold Industry
- Max
- 25.86%
- Q3
- 12.48%
- Median
- 8.15%
- Q1
- 2.34%
- Min
- -3.82%
In the upper quartile for the Gold industry, NEM’s Return on Equity of 16.86% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Return on Invested Capital
APD
3.50%
Chemicals - Specialty Industry
- Max
- 20.22%
- Q3
- 10.99%
- Median
- 5.25%
- Q1
- 3.06%
- Min
- -8.62%
APD’s Return on Invested Capital of 3.50% is in line with the norm for the Chemicals - Specialty industry, reflecting a standard level of efficiency in generating profits from its capital base.
NEM
10.00%
Gold Industry
- Max
- 20.84%
- Q3
- 9.90%
- Median
- 5.11%
- Q1
- 1.36%
- Min
- -10.62%
In the upper quartile for the Gold industry, NEM’s Return on Invested Capital of 10.00% signifies a highly effective use of its capital to generate profits when compared to its peers.
Net Profit Margin
APD
12.76%
Chemicals - Specialty Industry
- Max
- 23.23%
- Q3
- 10.64%
- Median
- 5.14%
- Q1
- 0.64%
- Min
- -8.93%
A Net Profit Margin of 12.76% places APD in the upper quartile for the Chemicals - Specialty industry, signifying strong profitability and more effective cost management than most of its peers.
NEM
25.80%
Gold Industry
- Max
- 26.48%
- Q3
- 21.01%
- Median
- 16.48%
- Q1
- 8.22%
- Min
- -6.63%
A Net Profit Margin of 25.80% places NEM in the upper quartile for the Gold industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
APD
12.29%
Chemicals - Specialty Industry
- Max
- 26.42%
- Q3
- 15.81%
- Median
- 10.07%
- Q1
- 4.82%
- Min
- -7.44%
APD’s Operating Profit Margin of 12.29% is around the midpoint for the Chemicals - Specialty industry, indicating that its efficiency in managing core business operations is typical for the sector.
NEM
34.99%
Gold Industry
- Max
- 67.43%
- Q3
- 40.39%
- Median
- 30.64%
- Q1
- 19.83%
- Min
- -9.84%
NEM’s Operating Profit Margin of 34.99% is around the midpoint for the Gold industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
Symbol | APD | NEM |
---|---|---|
Return on Equity (TTM) | 9.65% | 16.86% |
Return on Assets (TTM) | 3.94% | 9.13% |
Return on Invested Capital (TTM) | 3.50% | 10.00% |
Net Profit Margin (TTM) | 12.76% | 25.80% |
Operating Profit Margin (TTM) | 12.29% | 34.99% |
Gross Profit Margin (TTM) | 31.94% | 39.32% |
Financial Strength
Current Ratio
APD
1.00
Chemicals - Specialty Industry
- Max
- 3.95
- Q3
- 2.60
- Median
- 2.04
- Q1
- 1.60
- Min
- 0.77
APD’s Current Ratio of 1.00 falls into the lower quartile for the Chemicals - Specialty industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
NEM
1.98
Gold Industry
- Max
- 4.98
- Q3
- 3.76
- Median
- 2.34
- Q1
- 1.51
- Min
- 0.52
NEM’s Current Ratio of 1.98 aligns with the median group of the Gold industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio
APD
1.12
Chemicals - Specialty Industry
- Max
- 1.65
- Q3
- 1.10
- Median
- 0.73
- Q1
- 0.55
- Min
- 0.01
APD’s leverage is in the upper quartile of the Chemicals - Specialty industry, with a Debt-to-Equity Ratio of 1.12. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
NEM
0.26
Gold Industry
- Max
- 0.67
- Q3
- 0.34
- Median
- 0.17
- Q1
- 0.06
- Min
- 0.00
NEM’s Debt-to-Equity Ratio of 0.26 is typical for the Gold 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
APD
7.77
Chemicals - Specialty Industry
- Max
- 13.69
- Q3
- 9.06
- Median
- 5.24
- Q1
- 1.68
- Min
- -3.09
APD’s Interest Coverage Ratio of 7.77 is positioned comfortably within the norm for the Chemicals - Specialty industry, indicating a standard and healthy capacity to cover its interest payments.
NEM
19.04
Gold Industry
- Max
- 45.23
- Q3
- 25.79
- Median
- 13.44
- Q1
- 2.91
- Min
- -6.26
NEM’s Interest Coverage Ratio of 19.04 is positioned comfortably within the norm for the Gold industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
Symbol | APD | NEM |
---|---|---|
Current Ratio (TTM) | 1.00 | 1.98 |
Quick Ratio (TTM) | 0.85 | 1.56 |
Debt-to-Equity Ratio (TTM) | 1.12 | 0.26 |
Debt-to-Asset Ratio (TTM) | 0.42 | 0.14 |
Net Debt-to-EBITDA Ratio (TTM) | 4.19 | 0.34 |
Interest Coverage Ratio (TTM) | 7.77 | 19.04 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for APD and NEM. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
APD
2.44%
Chemicals - Specialty Industry
- Max
- 9.19%
- Q3
- 2.44%
- Median
- 1.46%
- Q1
- 0.25%
- Min
- 0.00%
With a Dividend Yield of 2.44%, APD offers a more attractive income stream than most of its peers in the Chemicals - Specialty industry, signaling a strong commitment to shareholder returns.
NEM
1.67%
Gold Industry
- Max
- 3.65%
- Q3
- 1.37%
- Median
- 0.47%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 1.67%, NEM offers a more attractive income stream than most of its peers in the Gold industry, signaling a strong commitment to shareholder returns.
Dividend Payout Ratio
APD
102.68%
Chemicals - Specialty Industry
- Max
- 163.70%
- Q3
- 57.04%
- Median
- 30.02%
- Q1
- 12.51%
- Min
- 0.00%
APD’s Dividend Payout Ratio of 102.68% is above 100%. This means the company is paying out more in dividends than it earned, a practice that is often unsustainable and could indicate a risk to future dividend stability.
NEM
22.47%
Gold Industry
- Max
- 110.70%
- Q3
- 42.09%
- Median
- 15.45%
- Q1
- 0.00%
- Min
- 0.00%
NEM’s Dividend Payout Ratio of 22.47% is within the typical range for the Gold industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
Symbol | APD | NEM |
---|---|---|
Dividend Yield (TTM) | 2.44% | 1.67% |
Dividend Payout Ratio (TTM) | 102.68% | 22.47% |
Valuation
Price-to-Earnings Ratio
APD
42.39
Chemicals - Specialty Industry
- Max
- 56.68
- Q3
- 33.75
- Median
- 23.45
- Q1
- 16.09
- Min
- 7.50
A P/E Ratio of 42.39 places APD in the upper quartile for the Chemicals - Specialty industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
NEM
13.31
Gold Industry
- Max
- 64.00
- Q3
- 46.06
- Median
- 29.03
- Q1
- 16.74
- Min
- 1.00
In the lower quartile for the Gold industry, NEM’s P/E Ratio of 13.31 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
Forward P/E to Growth Ratio
APD
6.80
Chemicals - Specialty Industry
- Max
- 6.58
- Q3
- 3.23
- Median
- 1.64
- Q1
- 0.96
- Min
- 0.16
APD’s Forward PEG Ratio of 6.80 is exceptionally high for the Chemicals - Specialty industry. This suggests its stock price is very high relative to its expected earnings growth, signaling significant overvaluation risk.
NEM
-0.79
Gold Industry
- Max
- 14.01
- Q3
- 6.52
- Median
- 3.33
- Q1
- 0.82
- Min
- 0.05
The Forward PEG Ratio is often not a primary valuation metric in the Gold industry.
Price-to-Sales Ratio
APD
5.40
Chemicals - Specialty Industry
- Max
- 3.76
- Q3
- 2.31
- Median
- 1.38
- Q1
- 0.89
- Min
- 0.16
With a P/S Ratio of 5.40, APD trades at a valuation that eclipses even the highest in the Chemicals - Specialty industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
NEM
3.39
Gold Industry
- Max
- 15.12
- Q3
- 7.63
- Median
- 3.25
- Q1
- 2.30
- Min
- 0.79
NEM’s P/S Ratio of 3.39 aligns with the market consensus for the Gold industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
APD
4.42
Chemicals - Specialty Industry
- Max
- 6.73
- Q3
- 3.78
- Median
- 1.56
- Q1
- 1.27
- Min
- 0.35
APD’s P/B Ratio of 4.42 is in the upper tier for the Chemicals - Specialty industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
NEM
2.16
Gold Industry
- Max
- 6.10
- Q3
- 3.60
- Median
- 2.02
- Q1
- 1.35
- Min
- 0.26
NEM’s P/B Ratio of 2.16 is within the conventional range for the Gold 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 | APD | NEM |
---|---|---|
Price-to-Earnings Ratio (P/E, TTM) | 42.39 | 13.31 |
Forward PEG Ratio (TTM) | 6.80 | -0.79 |
Price-to-Sales Ratio (P/S, TTM) | 5.40 | 3.39 |
Price-to-Book Ratio (P/B, TTM) | 4.42 | 2.16 |
Price-to-Free Cash Flow Ratio (P/FCF, TTM) | -14.99 | 15.85 |
EV-to-EBITDA (TTM) | 22.33 | 7.15 |
EV-to-Sales (TTM) | 6.65 | 3.56 |