COMPARE · Data as of October 9, 2026

IAG vs NEM

Verdict: Side-by-side breakdown using the Bull Rankings model. IAG scored 70.6, NEM scored 65.4 — IAG leads.
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IAG
IAMGOLD Corporation
Gold · Quality-Growth
70.6
$18.80 · $10.7B
fundamentals as of
Score gap
5.2
IAG leads
NEM
Newmont Corporation
Gold · Quality-Growth
65.4
$117.84 · $124.2B
fundamentals as of
  • CheapestIAG9.5x
  • Fastest growthIAG+74.7%
  • Strongest balance sheetIAG0.12
  • Highest qualityNEM86 / 100
  • Largest discount to fair valueNEM-57%
THE BULL RANKINGS SCORECARD70.6/ 100 · BULL SCOREPEER MEDIANQUALITY85.3GROWTH50.0VALUE82.6
THE BULL RANKINGS SCORECARD65.4/ 100 · BULL SCOREPEER MEDIANQUALITY85.9GROWTH50.0VALUE65.3
IAGNEMQuality85.385.9Growth50.050.0Value82.665.3
cheap & fastrevenue growth →← cheaper (lower multiple)11%31%+9.9x20x+off-scaleIAGNEM

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFIAG$1.6bNEM$9.7b
RevIAG+74.7%NEM+21.3%
D/EIAG0.12NEM0.16
P/EIAG9.5xNEM14.9x
PEGIAG13.52NEM2.78
IAG
stronger →← stronger
NEM
85
Qualityreturns · margins · balance sheet
86
50
Growthrevenue & earnings expansion
50
83
Valuevaluation vs sector peers
65
IAG and NEM split the three pillars evenly.
IAG
NEM
$1.6bC+
FCF
$9.7bB+
+74.7%A
Rev
+21.3%A-
0.12A-
D/E
0.16B+
9.5xA-
P/E
14.9xB+
13.52D
PEG
2.78C
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
IAG
NEM
53% below
Price vs fair valuelower is cheaper
57% below
~-5%/yr
Growth the price impliesyr-1 FCF growth, fading to 4% · lower = less priced in
~-10%/yr
+66%
1-yr DCF upside
+103%
+113%
5-yr DCF upside
+134%
+199%
10-yr DCF upside
+191%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
IAG
Why this score
  • Durable high returns
  • Diluting shareholders
  • Cyclical growth
NEM
Why this score
  • Buying back stock
  • Cyclical growth
IAGIAMGOLD Corporation
Gold · $18.80 · beta 2.35
Why now
Gold · market cap $10.7b. Down 24% from 52-week high of $24.87 — deep drawdown territory. Revenue growing +75% — in hypergrowth territory. 6 sell-side analysts rate this a Buy with a mean 1-yr target of $24.33 (implying +29% upside).
Moat
Net margin 31% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 32% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 139% of net income — earnings translate cleanly into cash.
Risk
Beta 2.35 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Production-cost sensitivity — top-quartile cost producers generate cash through the cycle while marginal producers burn it; watch the cost-per-unit trend, not just headline revenue.
NEMNewmont Corporation
Gold · $117.84 · beta 0.53
Why now
Gold · market cap $124.2b. 13% off the 52-week high of $135.29. Revenue growing +21%, comfortably above the S&P median. 21 sell-side analysts rate this a Buy with a mean 1-yr target of $137.33 (implying +17% upside).
Moat
Net margin 33% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 26% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 113% of net income — earnings translate cleanly into cash.
Risk
Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Where IAG and NEM diverge

On the headline score the gap is 5.2 points in favor of IAG. The widest single difference is Value, where IAG leads by 17.3 points.

Pillars run 0–100. Value is judged against each company's own sector, so a Value score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.

Common questions

Is IAG or NEM the better stock?

IAG scores higher: IAG 70.6, NEM 65.4 out of 100 on the Bull Rankings quality-growth score, which blends business quality, growth and valuation into one number. A higher score means a stronger business at a more reasonable price — it is not a price target or a recommendation.

Where do IAG and NEM differ most?

The widest gap is value, where IAG leads by 17 points on the 0–100 pillar scale. The other two pillars are close enough to call level, so this is the one place they genuinely separate.

How are IAG and NEM scored?

Each carries the same 0–100 quality-growth score used everywhere on the site, built from three pillars — quality (profitability and returns on capital), growth (revenue and earnings), and value (what you pay for them) — combined as a geometric mean, so a weak pillar cannot be papered over by a strong one.

How current is this comparison?

The whole universe is re-scored every trading day after the US market close, so the scores and fundamentals here reflect the latest published edition.