BARRICK MINING CORP (ABX.CA) Fundamental Analysis & Valuation
TSX:ABX • CA06849F1080
60.64 CAD
-1.09 (-1.77%)
Last: Mar 12, 2026, 07:00 PM
This ABX.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Overall ABX gets a fundamental rating of 7 out of 10. We evaluated ABX against 815 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 would make ABX suitable for value investing!
1. ABX.CA Profitability Analysis
1.1 Basic Checks
- ABX had positive earnings in the past year.
- In the past year ABX had a positive cash flow from operations.
- In the past 5 years ABX has always been profitable.
- Each year in the past 5 years ABX had a positive operating cash flow.
1.2 Ratios
- ABX has a better Return On Assets (9.68%) than 91.90% of its industry peers.
- ABX's Return On Equity of 18.80% is amongst the best of the industry. ABX outperforms 94.72% of its industry peers.
- ABX's Return On Invested Capital of 12.40% is amongst the best of the industry. ABX outperforms 94.97% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ABX is below the industry average of 12.69%.
- The last Return On Invested Capital (12.40%) for ABX is above the 3 year average (8.15%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.68% | ||
| ROE | 18.8% | ||
| ROIC | 12.4% |
ROA(3y)5.65%
ROA(5y)4.44%
ROE(3y)11.03%
ROE(5y)8.69%
ROIC(3y)8.15%
ROIC(5y)7.4%
1.3 Margins
- ABX has a better Profit Margin (29.45%) than 95.71% of its industry peers.
- In the last couple of years the Profit Margin of ABX has grown nicely.
- Looking at the Operating Margin, with a value of 47.45%, ABX belongs to the top of the industry, outperforming 98.16% of the companies in the same industry.
- In the last couple of years the Operating Margin of ABX has grown nicely.
- ABX has a Gross Margin of 51.26%. This is amongst the best in the industry. ABX outperforms 95.83% of its industry peers.
- In the last couple of years the Gross Margin of ABX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 47.45% | ||
| PM (TTM) | 29.45% | ||
| GM | 51.26% |
OM growth 3Y19.57%
OM growth 5Y5.44%
PM growth 3Y95.8%
PM growth 5Y9.8%
GM growth 3Y17.09%
GM growth 5Y4.51%
2. ABX.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ABX is still creating some value.
- The number of shares outstanding for ABX has been reduced compared to 1 year ago.
- ABX has less shares outstanding than it did 5 years ago.
- ABX has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.81 indicates that ABX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- ABX has a Altman-Z score of 2.81. This is comparable to the rest of the industry: ABX outperforms 47.12% of its industry peers.
- The Debt to FCF ratio of ABX is 1.22, which is an excellent value as it means it would take ABX, only 1.22 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 1.22, ABX belongs to the top of the industry, outperforming 92.88% of the companies in the same industry.
- A Debt/Equity ratio of 0.17 indicates that ABX is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.17, ABX is not doing good in the industry: 65.77% of the companies in the same industry are doing better.
- Although ABX's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.22 | ||
| Altman-Z | 2.81 |
ROIC/WACC1.22
WACC10.13%
2.3 Liquidity
- ABX has a Current Ratio of 2.92. This indicates that ABX is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.92, ABX is in the better half of the industry, outperforming 61.47% of the companies in the same industry.
- A Quick Ratio of 2.33 indicates that ABX has no problem at all paying its short term obligations.
- ABX has a Quick ratio (2.33) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.92 | ||
| Quick Ratio | 2.33 |
3. ABX.CA Growth Analysis
3.1 Past
- ABX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 92.13%, which is quite impressive.
- ABX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.24% yearly.
- Looking at the last year, ABX shows a very strong growth in Revenue. The Revenue has grown by 31.22%.
- Measured over the past years, ABX shows a small growth in Revenue. The Revenue has been growing by 6.13% on average per year.
EPS 1Y (TTM)92.13%
EPS 3Y47.52%
EPS 5Y16.24%
EPS Q2Q%121.28%
Revenue 1Y (TTM)31.22%
Revenue growth 3Y15.47%
Revenue growth 5Y6.13%
Sales Q2Q%62.92%
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 5.64% on average per year.
- The Revenue is expected to decrease by -5.58% on average over the next years.
EPS Next Y49.87%
EPS Next 2Y35.64%
EPS Next 3Y23.66%
EPS Next 5Y5.64%
Revenue Next Year37.23%
Revenue Next 2Y22.54%
Revenue Next 3Y16.95%
Revenue Next 5Y-5.58%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. ABX.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 18.27, the valuation of ABX can be described as rather expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of ABX indicates a rather cheap valuation: ABX is cheaper than 92.39% of the companies listed in the same industry.
- ABX is valuated rather cheaply when we compare the Price/Earnings ratio to 25.71, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 9.93, which indicates a very decent valuation of ABX.
- Based on the Price/Forward Earnings ratio, ABX is valued cheaply inside the industry as 93.25% of the companies are valued more expensively.
- ABX is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.27 | ||
| Fwd PE | 9.93 |
4.2 Price Multiples
- ABX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ABX is cheaper than 96.32% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, ABX is valued cheaply inside the industry as 95.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.91 | ||
| EV/EBITDA | 7.54 |
4.3 Compensation for Growth
- The 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 23.66% in the coming years.
PEG (NY)0.37
PEG (5Y)1.13
EPS Next 2Y35.64%
EPS Next 3Y23.66%
5. ABX.CA Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.87%, ABX is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.41, ABX pays a better dividend. On top of this ABX pays more dividend than 96.93% of the companies listed in the same industry.
- With a Dividend Yield of 0.87, ABX pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.87% |
5.2 History
- On average, the dividend of ABX grows each year by 11.21%, which is quite nice.
- ABX has been paying a dividend for at least 10 years, so it has a reliable track record.
- ABX has decreased its dividend recently.
Dividend Growth(5Y)11.21%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- ABX pays out 17.82% of its income as dividend. This is a sustainable payout ratio.
- ABX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.82%
EPS Next 2Y35.64%
EPS Next 3Y23.66%
ABX.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:ABX (3/12/2026, 7:00:00 PM)
60.64
-1.09 (-1.77%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-05 2026-02-05/bmo
Earnings (Next)N/A N/A
Inst Owners65.31%
Inst Owner ChangeN/A
Ins Owners0.73%
Ins Owner ChangeN/A
Market Cap104.73B
Revenue(TTM)16.96B
Net Income(TTM)4.99B
Analysts84.44
Price Target87.2 (43.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.87% |
Yearly Dividend0.71
Dividend Growth(5Y)11.21%
DP17.82%
Div Incr Years0
Div Non Decr Years1
Ex-Date02-27 2026-02-27 (0.42)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.86%
Min EPS beat(2)-0.07%
Max EPS beat(2)13.79%
EPS beat(4)3
Avg EPS beat(4)9.69%
Min EPS beat(4)-0.07%
Max EPS beat(4)22.67%
EPS beat(8)6
Avg EPS beat(8)9.95%
EPS beat(12)10
Avg EPS beat(12)13.99%
EPS beat(16)14
Avg EPS beat(16)13.11%
Revenue beat(2)1
Avg Revenue beat(2)8.79%
Min Revenue beat(2)-1.29%
Max Revenue beat(2)18.87%
Revenue beat(4)2
Avg Revenue beat(4)2.83%
Min Revenue beat(4)-11.66%
Max Revenue beat(4)18.87%
Revenue beat(8)3
Avg Revenue beat(8)0.59%
Revenue beat(12)4
Avg Revenue beat(12)0.2%
Revenue beat(16)8
Avg Revenue beat(16)0.95%
PT rev (1m)19.08%
PT rev (3m)34.1%
EPS NQ rev (1m)-9.34%
EPS NQ rev (3m)4.14%
EPS NY rev (1m)7.66%
EPS NY rev (3m)12.14%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)9.48%
Revenue NY rev (3m)11.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.27 | ||
| Fwd PE | 9.93 | ||
| P/S | 4.54 | ||
| P/FCF | 19.91 | ||
| P/OCF | 10.01 | ||
| P/B | 2.9 | ||
| P/tB | 3.29 | ||
| EV/EBITDA | 7.54 |
EPS(TTM)3.32
EY5.47%
EPS(NY)6.11
Fwd EY10.07%
FCF(TTM)3.05
FCFY5.02%
OCF(TTM)6.06
OCFY9.99%
SpS13.35
BVpS20.92
TBVpS18.41
PEG (NY)0.37
PEG (5Y)1.13
Graham Number39.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.68% | ||
| ROE | 18.8% | ||
| ROCE | 16.73% | ||
| ROIC | 12.4% | ||
| ROICexc | 14.41% | ||
| ROICexgc | 15.62% | ||
| OM | 47.45% | ||
| PM (TTM) | 29.45% | ||
| GM | 51.26% | ||
| FCFM | 22.81% |
ROA(3y)5.65%
ROA(5y)4.44%
ROE(3y)11.03%
ROE(5y)8.69%
ROIC(3y)8.15%
ROIC(5y)7.4%
ROICexc(3y)9.23%
ROICexc(5y)8.36%
ROICexgc(3y)10.05%
ROICexgc(5y)9.21%
ROCE(3y)11%
ROCE(5y)9.98%
ROICexgc growth 3Y33.69%
ROICexgc growth 5Y9.43%
ROICexc growth 3Y34.68%
ROICexc growth 5Y10.64%
OM growth 3Y19.57%
OM growth 5Y5.44%
PM growth 3Y95.8%
PM growth 5Y9.8%
GM growth 3Y17.09%
GM growth 5Y4.51%
F-Score9
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.22 | ||
| Debt/EBITDA | 0.47 | ||
| Cap/Depr | 200.47% | ||
| Cap/Sales | 22.53% | ||
| Interest Coverage | 27.65 | ||
| Cash Conversion | 77.27% | ||
| Profit Quality | 77.47% | ||
| Current Ratio | 2.92 | ||
| Quick Ratio | 2.33 | ||
| Altman-Z | 2.81 |
F-Score9
WACC10.13%
ROIC/WACC1.22
Cap/Depr(3y)172.42%
Cap/Depr(5y)157.16%
Cap/Sales(3y)24.73%
Cap/Sales(5y)24.44%
Profit Quality(3y)63.23%
Profit Quality(5y)77.16%
High Growth Momentum
Growth
EPS 1Y (TTM)92.13%
EPS 3Y47.52%
EPS 5Y16.24%
EPS Q2Q%121.28%
EPS Next Y49.87%
EPS Next 2Y35.64%
EPS Next 3Y23.66%
EPS Next 5Y5.64%
Revenue 1Y (TTM)31.22%
Revenue growth 3Y15.47%
Revenue growth 5Y6.13%
Sales Q2Q%62.92%
Revenue Next Year37.23%
Revenue Next 2Y22.54%
Revenue Next 3Y16.95%
Revenue Next 5Y-5.58%
EBIT growth 1Y85.37%
EBIT growth 3Y38.06%
EBIT growth 5Y11.9%
EBIT Next Year71.32%
EBIT Next 3Y28.93%
EBIT Next 5Y-5.38%
FCF growth 1Y193.7%
FCF growth 3Y107.65%
FCF growth 5Y2.84%
OCF growth 1Y71.21%
OCF growth 3Y30.23%
OCF growth 5Y7.26%
BARRICK MINING CORP / ABX.CA FAQ
Can you provide the ChartMill fundamental rating for BARRICK MINING CORP?
ChartMill assigns a fundamental rating of 7 / 10 to ABX.CA.
What is the valuation status for ABX stock?
ChartMill assigns a valuation rating of 8 / 10 to BARRICK MINING CORP (ABX.CA). This can be considered as Undervalued.
How profitable is BARRICK MINING CORP (ABX.CA) stock?
BARRICK MINING CORP (ABX.CA) has a profitability rating of 9 / 10.
What is the financial health of BARRICK MINING CORP (ABX.CA) stock?
The financial health rating of BARRICK MINING CORP (ABX.CA) is 8 / 10.
What is the earnings growth outlook for BARRICK MINING CORP?
The Earnings per Share (EPS) of BARRICK MINING CORP (ABX.CA) is expected to grow by 49.87% in the next year.