COMP <GO>

GFI vs NEM // FORWARD P/E MULTIPLE

Gold Fields Limited (NYSE) VS. Newmont Corporation (NYSE) • 15-METRIC TALLY: GFI 1 — NEM 13

▲ FORWARD P/E MULTIPLE LEADER: NEM

LAST: $32.92 (-6.26%) • MKT CAP: $31.43B

forward-pe

30.5x

LAST: $106.61 (-4.64%) • MKT CAP: $116.18B

forward-pe

13.8x

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (GFI VS. NEM) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	GFI	NEM	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.00%	41.00%	0.00	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	9.90%	21.80%	-11.90	NEM	/roic <GO>
EV/EBITDA & P/E Valuation	21.0x	11.9x	+9.10	NEM	/valuation <GO>
Free Cash Flow Yield	2.21%	8.02%	-5.81	NEM	/fcf-yield <GO>
Operating Margin	13.90%	38.10%	-24.20	NEM	/operating-margins <GO>
Net Profit Margin	10.90%	31.30%	-20.40	NEM	/net-margins <GO>
Revenue Growth (YoY)	5.50%	21.30%	-15.80	NEM	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.95%	-0.95	NEM	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.74	4.16	-0.42	NEM	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	9/9	-1.00	NEM	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.70%	7.00%	-0.30	GFI	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	34.2	36.1	-1.92	NEM	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.94	1.04	-0.10	NEM	/macro-sensitivity <GO>
Forward P/E Multiple ACTIVE	30.5x	13.8x	+16.70	NEM	/forward-pe <GO>
Enterprise Scale & Market Cap	$31.43B	$116.18B	-$84.75B	NEM	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	GFI REV	NEM REV	GFI GROSS %	NEM GROSS %	GFI FCF	NEM FCF
FY 2025	—	$22.67B	—	44.0%	—	$9.31B
FY 2024	—	$18.68B	—	44.0%	—	$5.52B
FY 2023	—	$11.81B	—	44.0%	—	$2.23B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

GFI // BETA 0.94

NEM // BETA 1.04