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SBSW vs NEM
Revenue, margins, valuation, and 5-year total return — side by side.
Gold
SBSW vs NEM — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Gold | Gold |
| Market Cap | $9.51B | $127.53B |
| Revenue (TTM) | $238.26B | $17.23B |
| Net Income (TTM) | $-12.39B | $5.26B |
| Gross Margin | 21.2% | 52.1% |
| Operating Margin | 18.9% | 49.3% |
| Forward P/E | 0.3x | 11.0x |
| Total Debt | $44.34B | $474M |
| Cash & Equiv. | $17.16B | $7.65B |
SBSW vs NEM — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Sibanye Stillwater … (SBSW) | 100 | 183.1 | +83.1% |
| Newmont Corporation (NEM) | 100 | 196.9 | +96.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SBSW vs NEM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
SBSW is the clearest fit if your priority is value and momentum.
- Lower P/E (0.3x vs 11.0x)
- +178.1% vs NEM's +112.6%
NEM carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 0.75, yield 0.9%
- Rev growth 19.1%, EPS growth 124.1%, 3Y rev CAGR 22.7%
- 271.4% 10Y total return vs SBSW's 15.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 19.1% revenue growth vs SBSW's 7.1% | |
| Value | Lower P/E (0.3x vs 11.0x) | |
| Quality / Margins | 30.5% margin vs SBSW's -5.2% | |
| Stability / Safety | Beta 0.75 vs SBSW's 1.27, lower leverage | |
| Dividends | 0.9% yield, 1-year raise streak, vs SBSW's 0.2% | |
| Momentum (1Y) | +178.1% vs NEM's +112.6% | |
| Efficiency (ROA) | 9.4% ROA vs SBSW's -8.3%, ROIC 24.9% vs 22.9% |
SBSW vs NEM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
SBSW vs NEM — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NEM leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
SBSW is the larger business by revenue, generating $238.3B annually — 13.8x NEM's $17.2B. NEM is the more profitable business, keeping 30.5% of every revenue dollar as net income compared to SBSW's -5.2%. On growth, SBSW holds the edge at +25.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $238.3B | $17.2B |
| EBITDAEarnings before interest/tax | $63.5B | $12.7B |
| Net IncomeAfter-tax profit | -$12.4B | $5.3B |
| Free Cash FlowCash after capex | -$9.5B | $12.9B |
| Gross MarginGross profit ÷ Revenue | +21.2% | +52.1% |
| Operating MarginEBIT ÷ Revenue | +18.9% | +49.3% |
| Net MarginNet income ÷ Revenue | -5.2% | +30.5% |
| FCF MarginFCF ÷ Revenue | -4.0% | +75.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +25.4% | -100.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -10.0% | -100.0% |
Valuation Metrics
SBSW leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
On an enterprise value basis, SBSW's 5.8x EV/EBITDA is more attractive than NEM's 9.2x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $9.5B | $127.5B |
| Enterprise ValueMkt cap + debt − cash | $11.2B | $120.4B |
| Trailing P/EPrice ÷ TTM EPS | -32.65x | 17.96x |
| Forward P/EPrice ÷ next-FY EPS est. | 0.25x | 11.05x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.40x |
| EV / EBITDAEnterprise value multiple | 5.80x | 9.17x |
| Price / SalesMarket cap ÷ Revenue | 1.31x | 5.77x |
| Price / BookPrice ÷ Book value/share | 3.56x | 3.75x |
| Price / FCFMarket cap ÷ FCF | 93.20x | 17.47x |
Profitability & Efficiency
NEM leads this category, winning 9 of 9 comparable metrics.
Profitability & Efficiency
NEM delivers a 15.6% return on equity — every $100 of shareholder capital generates $16 in annual profit, vs $-28 for SBSW. NEM carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to SBSW's 1.00x. On the Piotroski fundamental quality scale (0–9), NEM scores 9/9 vs SBSW's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -28.1% | +15.6% |
| ROA (TTM)Return on assets | -8.3% | +9.4% |
| ROICReturn on invested capital | +22.9% | +24.9% |
| ROCEReturn on capital employed | +19.1% | +20.7% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 9 |
| Debt / EquityFinancial leverage | 1.00x | 0.01x |
| Net DebtTotal debt minus cash | $27.2B | -$7.2B |
| Cash & Equiv.Liquid assets | $17.2B | $7.6B |
| Total DebtShort + long-term debt | $44.3B | $474M |
| Interest CoverageEBIT ÷ Interest expense | 1.31x | 50.54x |
Total Returns (Dividends Reinvested)
NEM leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NEM five years ago would be worth $18,360 today (with dividends reinvested), compared to $8,271 for SBSW. Over the past 12 months, SBSW leads with a +178.1% total return vs NEM's +112.6%. The 3-year compound annual growth rate (CAGR) favors NEM at 34.9% vs SBSW's 12.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -4.8% | +14.0% |
| 1-Year ReturnPast 12 months | +178.1% | +112.6% |
| 3-Year ReturnCumulative with dividends | +43.5% | +145.5% |
| 5-Year ReturnCumulative with dividends | -17.3% | +83.6% |
| 10-Year ReturnCumulative with dividends | +15.9% | +271.4% |
| CAGR (3Y)Annualised 3-year return | +12.8% | +34.9% |
Risk & Volatility
NEM leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
NEM is the less volatile stock with a 0.75 beta — it tends to amplify market swings less than SBSW's 1.27 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NEM currently trades 85.3% from its 52-week high vs SBSW's 63.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.27x | 0.75x |
| 52-Week HighHighest price in past year | $21.29 | $134.88 |
| 52-Week LowLowest price in past year | $4.52 | $48.27 |
| % of 52W HighCurrent price vs 52-week peak | +63.1% | +85.3% |
| RSI (14)Momentum oscillator 0–100 | 39.9 | 46.1 |
| Avg Volume (50D)Average daily shares traded | 5.8M | 9.2M |
Analyst Outlook
NEM leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates SBSW as "Hold" and NEM as "Buy". Consensus price targets imply 35.9% upside for SBSW (target: $18) vs 19.5% for NEM (target: $138). For income investors, NEM offers the higher dividend yield at 0.87% vs SBSW's 0.18%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $18.27 | $137.50 |
| # AnalystsCovering analysts | 12 | 36 |
| Dividend YieldAnnual dividend ÷ price | +0.2% | +0.9% |
| Dividend StreakConsecutive years of raises | 1 | 1 |
| Dividend / ShareAnnual DPS | $0.40 | $1.00 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.8% |
NEM leads in 5 of 6 categories (Income & Cash Flow, Profitability & Efficiency). SBSW leads in 1 (Valuation Metrics).
SBSW vs NEM: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is SBSW or NEM a better buy right now?
For growth investors, Newmont Corporation (NEM) is the stronger pick with 19.
1% revenue growth year-over-year, versus 7. 1% for Sibanye Stillwater Limited (SBSW). Newmont Corporation (NEM) offers the better valuation at 18. 0x trailing P/E (11. 0x forward), making it the more compelling value choice. Analysts rate Newmont Corporation (NEM) a "Buy" — based on 36 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — SBSW or NEM?
On forward P/E, Sibanye Stillwater Limited is actually cheaper at 0.
3x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — SBSW or NEM?
Over the past 5 years, Newmont Corporation (NEM) delivered a total return of +83.
6%, compared to -17. 3% for Sibanye Stillwater Limited (SBSW). Over 10 years, the gap is even starker: NEM returned +271. 4% versus SBSW's +15. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — SBSW or NEM?
By beta (market sensitivity over 5 years), Newmont Corporation (NEM) is the lower-risk stock at 0.
75β versus Sibanye Stillwater Limited's 1. 27β — meaning SBSW is approximately 69% more volatile than NEM relative to the S&P 500. On balance sheet safety, Newmont Corporation (NEM) carries a lower debt/equity ratio of 1% versus 100% for Sibanye Stillwater Limited — giving it more financial flexibility in a downturn.
05Which is growing faster — SBSW or NEM?
By revenue growth (latest reported year), Newmont Corporation (NEM) is pulling ahead at 19.
1% versus 7. 1% for Sibanye Stillwater Limited (SBSW). On earnings-per-share growth, the picture is similar: Newmont Corporation grew EPS 124. 1% year-over-year, compared to 34. 1% for Sibanye Stillwater Limited. Over a 3-year CAGR, NEM leads at 22. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — SBSW or NEM?
Newmont Corporation (NEM) is the more profitable company, earning 32.
1% net margin versus -4. 0% for Sibanye Stillwater Limited — meaning it keeps 32. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NEM leads at 46. 9% versus 18. 5% for SBSW. At the gross margin level — before operating expenses — NEM leads at 49. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is SBSW or NEM more undervalued right now?
On forward earnings alone, Sibanye Stillwater Limited (SBSW) trades at 0.
3x forward P/E versus 11. 0x for Newmont Corporation — 10. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SBSW: 35. 9% to $18. 27.
08Which pays a better dividend — SBSW or NEM?
All stocks in this comparison pay dividends.
Newmont Corporation (NEM) offers the highest yield at 0. 9%, versus 0. 2% for Sibanye Stillwater Limited (SBSW).
09Is SBSW or NEM better for a retirement portfolio?
For long-horizon retirement investors, Newmont Corporation (NEM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
75), 0. 9% yield, +271. 4% 10Y return). Both have compounded well over 10 years (NEM: +271. 4%, SBSW: +15. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between SBSW and NEM?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: SBSW is a small-cap quality compounder stock; NEM is a mid-cap high-growth stock. NEM pays a dividend while SBSW does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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