BARRICK MINING CORP (ABX.CA) Stock Fundamental Analysis
Canada - TSX:ABX - CA06849F1080 - Common Stock
48.06 CAD
+0.25 (+0.52%)
We assign a fundamental rating of 7 out of 10 to ABX. ABX was compared to 808 industry peers in the Metals & Mining industry. ABX has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on ABX. These ratings could make ABX a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year ABX was profitable.
ABX had a positive operating cash flow in the past year.
ABX had positive earnings in each of the past 5 years.
Each year in the past 5 years ABX had a positive operating cash flow.
1.2 Ratios
ABX has a better Return On Assets (5.85%) than 90.59% of its industry peers.
The Return On Equity of ABX (11.13%) is better than 92.57% of its industry peers.
The Return On Invested Capital of ABX (8.42%) is better than 93.56% of its industry peers.
ABX had an Average Return On Invested Capital over the past 3 years of 5.32%. This is significantly below the industry average of 11.68%.
The 3 year average ROIC (5.32%) for ABX is below the current ROIC(8.42%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.85% | ||
| ROE | 11.13% | ||
| ROIC | 8.42% |
ROA(3y)2.74%
ROA(5y)3.51%
ROE(3y)5.39%
ROE(5y)6.92%
ROIC(3y)5.32%
ROIC(5y)5.94%
1.3 Margins
ABX's Profit Margin of 19.99% is amongst the best of the industry. ABX outperforms 94.80% of its industry peers.
In the last couple of years the Profit Margin of ABX has declined.
ABX's Operating Margin of 39.96% is amongst the best of the industry. ABX outperforms 97.28% of its industry peers.
ABX's Operating Margin has improved in the last couple of years.
ABX has a better Gross Margin (44.23%) than 94.18% of its industry peers.
In the last couple of years the Gross Margin of ABX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.96% | ||
| PM (TTM) | 19.99% | ||
| GM | 44.23% |
OM growth 3Y-2.73%
OM growth 5Y7.55%
PM growth 3Y-0.55%
PM growth 5Y-16.49%
GM growth 3Y-2.05%
GM growth 5Y5.86%
2. Health
2.1 Basic Checks
ABX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ABX has been reduced compared to 1 year ago.
Compared to 5 years ago, ABX has less shares outstanding
ABX has a better debt/assets ratio than last year.
2.2 Solvency
ABX has an Altman-Z score of 2.26. This is not the best score and indicates that ABX is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of ABX (2.26) is comparable to the rest of the industry.
ABX has a debt to FCF ratio of 2.76. This is a good value and a sign of high solvency as ABX would need 2.76 years to pay back of all of its debts.
ABX has a better Debt to FCF ratio (2.76) than 92.45% of its industry peers.
ABX has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
ABX has a Debt to Equity ratio of 0.19. This is in the lower half of the industry: ABX underperforms 66.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.76 | ||
| Altman-Z | 2.26 |
ROIC/WACC0.98
WACC8.6%
2.3 Liquidity
A Current Ratio of 3.21 indicates that ABX has no problem at all paying its short term obligations.
The Current ratio of ABX (3.21) is better than 65.72% of its industry peers.
ABX has a Quick Ratio of 2.53. This indicates that ABX is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of ABX (2.53) is better than 61.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.21 | ||
| Quick Ratio | 2.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 54.90% over the past year.
The Earnings Per Share has been growing by 19.55% on average over the past years. This is quite good.
Looking at the last year, ABX shows a quite strong growth in Revenue. The Revenue has grown by 16.86% in the last year.
The Revenue has been growing slightly by 5.87% on average over the past years.
EPS 1Y (TTM)54.9%
EPS 3Y2.77%
EPS 5Y19.55%
EPS Q2Q%46.87%
Revenue 1Y (TTM)16.86%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%16.41%
3.2 Future
Based on estimates for the next years, ABX will show a small growth in Earnings Per Share. The EPS will grow by 5.71% on average per year.
ABX is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.13% yearly.
EPS Next Y62.35%
EPS Next 2Y40.99%
EPS Next 3Y25.96%
EPS Next 5Y5.71%
Revenue Next Year17.85%
Revenue Next 2Y17.35%
Revenue Next 3Y12.68%
Revenue Next 5Y-1.13%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.85 indicates a rather expensive valuation of ABX.
Based on the Price/Earnings ratio, ABX is valued cheaply inside the industry as 91.83% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.32, ABX is valued a bit cheaper.
With a Price/Forward Earnings ratio of 13.70, ABX is valued correctly.
Based on the Price/Forward Earnings ratio, ABX is valued cheaply inside the industry as 90.97% of the companies are valued more expensively.
ABX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.89, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.85 | ||
| Fwd PE | 13.7 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ABX is valued cheaper than 95.67% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ABX is valued cheaper than 93.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.41 | ||
| EV/EBITDA | 8 |
4.3 Compensation for Growth
ABX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of ABX may justify a higher PE ratio.
A more expensive valuation may be justified as ABX's earnings are expected to grow with 25.96% in the coming years.
PEG (NY)0.35
PEG (5Y)1.12
EPS Next 2Y40.99%
EPS Next 3Y25.96%
5. Dividend
5.1 Amount
ABX has a Yearly Dividend Yield of 1.31%.
Compared to an average industry Dividend Yield of 14.19, ABX pays a better dividend. On top of this ABX pays more dividend than 97.15% of the companies listed in the same industry.
With a Dividend Yield of 1.31, ABX pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
5.2 History
The dividend of ABX has a limited annual growth rate of 1.44%.
ABX has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of ABX decreased recently.
Dividend Growth(5Y)1.44%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
ABX pays out 24.89% of its income as dividend. This is a sustainable payout ratio.
The dividend of ABX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP24.89%
EPS Next 2Y40.99%
EPS Next 3Y25.96%
TSX:ABX (9/26/2025, 7:00:00 PM)
48.06
+0.25 (+0.52%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners61.61%
Inst Owner ChangeN/A
Ins Owners0.75%
Ins Owner ChangeN/A
Market Cap81.99B
Analysts81.18
Price Target42.8 (-10.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
Yearly Dividend0.55
Dividend Growth(5Y)1.44%
DP24.89%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.51%
Min EPS beat(2)2.36%
Max EPS beat(2)22.67%
EPS beat(4)3
Avg EPS beat(4)7.82%
Min EPS beat(4)-4.73%
Max EPS beat(4)22.67%
EPS beat(8)7
Avg EPS beat(8)14.74%
EPS beat(12)11
Avg EPS beat(12)15.29%
EPS beat(16)15
Avg EPS beat(16)13.36%
Revenue beat(2)1
Avg Revenue beat(2)-3.14%
Min Revenue beat(2)-11.66%
Max Revenue beat(2)5.38%
Revenue beat(4)2
Avg Revenue beat(4)-2.3%
Min Revenue beat(4)-11.66%
Max Revenue beat(4)5.38%
Revenue beat(8)2
Avg Revenue beat(8)-1.94%
Revenue beat(12)5
Avg Revenue beat(12)-0.47%
Revenue beat(16)8
Avg Revenue beat(16)-0.16%
PT rev (1m)10.41%
PT rev (3m)12.89%
EPS NQ rev (1m)1.77%
EPS NQ rev (3m)56.13%
EPS NY rev (1m)0%
EPS NY rev (3m)27.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)16.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.85 | ||
| Fwd PE | 13.7 | ||
| P/S | 4.27 | ||
| P/FCF | 34.41 | ||
| P/OCF | 11.54 | ||
| P/B | 2.38 | ||
| P/tB | 2.73 | ||
| EV/EBITDA | 8 |
EPS(TTM)2.2
EY4.58%
EPS(NY)3.51
Fwd EY7.3%
FCF(TTM)1.4
FCFY2.91%
OCF(TTM)4.16
OCFY8.66%
SpS11.26
BVpS20.22
TBVpS17.58
PEG (NY)0.35
PEG (5Y)1.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.85% | ||
| ROE | 11.13% | ||
| ROCE | 12.34% | ||
| ROIC | 8.42% | ||
| ROICexc | 9.43% | ||
| ROICexgc | 10.27% | ||
| OM | 39.96% | ||
| PM (TTM) | 19.99% | ||
| GM | 44.23% | ||
| FCFM | 12.41% |
ROA(3y)2.74%
ROA(5y)3.51%
ROE(3y)5.39%
ROE(5y)6.92%
ROIC(3y)5.32%
ROIC(5y)5.94%
ROICexc(3y)5.89%
ROICexc(5y)6.64%
ROICexgc(3y)6.46%
ROICexgc(5y)7.43%
ROCE(3y)7.8%
ROCE(5y)8.7%
ROICexcg growth 3Y-3.04%
ROICexcg growth 5Y11.36%
ROICexc growth 3Y-1.4%
ROICexc growth 5Y12.6%
OM growth 3Y-2.73%
OM growth 5Y7.55%
PM growth 3Y-0.55%
PM growth 5Y-16.49%
GM growth 3Y-2.05%
GM growth 5Y5.86%
F-Score9
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.76 | ||
| Debt/EBITDA | 0.64 | ||
| Cap/Depr | 187.94% | ||
| Cap/Sales | 24.58% | ||
| Interest Coverage | 15.3 | ||
| Cash Conversion | 69.74% | ||
| Profit Quality | 62.05% | ||
| Current Ratio | 3.21 | ||
| Quick Ratio | 2.53 | ||
| Altman-Z | 2.26 |
F-Score9
WACC8.6%
ROIC/WACC0.98
Cap/Depr(3y)156.49%
Cap/Depr(5y)135.67%
Cap/Sales(3y)26.44%
Cap/Sales(5y)23.19%
Profit Quality(3y)70.74%
Profit Quality(5y)90.6%
High Growth Momentum
Growth
EPS 1Y (TTM)54.9%
EPS 3Y2.77%
EPS 5Y19.55%
EPS Q2Q%46.87%
EPS Next Y62.35%
EPS Next 2Y40.99%
EPS Next 3Y25.96%
EPS Next 5Y5.71%
Revenue 1Y (TTM)16.86%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%16.41%
Revenue Next Year17.85%
Revenue Next 2Y17.35%
Revenue Next 3Y12.68%
Revenue Next 5Y-1.13%
EBIT growth 1Y68.06%
EBIT growth 3Y-0.26%
EBIT growth 5Y13.86%
EBIT Next Year85.54%
EBIT Next 3Y30.25%
EBIT Next 5Y6.77%
FCF growth 1Y8066.67%
FCF growth 3Y-12.16%
FCF growth 5Y3.07%
OCF growth 1Y61.75%
OCF growth 3Y0.85%
OCF growth 5Y9.65%