BARRICK MINING CORP (ABX.CA) Stock Fundamental Analysis
TSX:ABX - Toronto Stock Exchange - CA06849F1080 - Common Stock - Currency: CAD
ABX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 807 industry peers in the Metals & Mining industry. While ABX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ABX may be a bit undervalued, certainly considering the very reasonable score on growth This makes ABX very considerable 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.
In the past 5 years ABX always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 4.83%, ABX belongs to the best of the industry, outperforming 89.22% of the companies in the same industry.
ABX has a Return On Equity of 9.50%. This is amongst the best in the industry. ABX outperforms 91.45% of its industry peers.
ABX's Return On Invested Capital of 7.34% is amongst the best of the industry. ABX outperforms 92.81% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ABX is significantly below the industry average of 12.23%.
The 3 year average ROIC (5.32%) for ABX is below the current ROIC(7.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.83% | ||
| ROE | 9.5% | ||
| ROIC | 7.34% |
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 has a better Profit Margin (17.46%) than 94.42% of its industry peers.
In the last couple of years the Profit Margin of ABX has declined.
The Operating Margin of ABX (36.66%) is better than 96.41% of its industry peers.
ABX's Operating Margin has improved in the last couple of years.
ABX's Gross Margin of 41.30% is amongst the best of the industry. ABX outperforms 93.80% of its industry peers.
ABX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.66% | ||
| PM (TTM) | 17.46% | ||
| GM | 41.3% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ABX 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
Compared to 1 year ago, ABX has an improved debt to assets ratio.
2.2 Solvency
ABX has an Altman-Z score of 1.46. This is a bad value and indicates that ABX is not financially healthy and even has some risk of bankruptcy.
ABX has a Altman-Z score (1.46) which is in line with its industry peers.
The Debt to FCF ratio of ABX is 2.85, which is a good value as it means it would take ABX, 2.85 years of fcf income to pay off all of its debts.
ABX's Debt to FCF ratio of 2.85 is amongst the best of the industry. ABX outperforms 92.44% of its industry peers.
A Debt/Equity ratio of 0.19 indicates that ABX is not too dependend on debt financing.
The Debt to Equity ratio of ABX (0.19) is worse than 66.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.85 | ||
| Altman-Z | 1.46 |
ROIC/WACC0.85
WACC8.61%
2.3 Liquidity
A Current Ratio of 2.87 indicates that ABX has no problem at all paying its short term obligations.
The Current ratio of ABX (2.87) is better than 62.08% of its industry peers.
A Quick Ratio of 2.16 indicates that ABX has no problem at all paying its short term obligations.
ABX has a Quick ratio of 2.16. This is comparable to the rest of the industry: ABX outperforms 58.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 60.67% over the past year.
ABX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.55% yearly.
The Revenue has grown by 15.69% in the past year. This is quite good.
Measured over the past years, ABX shows a small growth in Revenue. The Revenue has been growing by 5.87% on average per year.
EPS 1Y (TTM)60.67%
EPS 3Y2.77%
EPS 5Y19.55%
EPS Q2Q%84.21%
Revenue 1Y (TTM)15.69%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%13.94%
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 5.07% 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 Y27.68%
EPS Next 2Y21.39%
EPS Next 3Y14.5%
EPS Next 5Y5.07%
Revenue Next Year12.94%
Revenue Next 2Y11%
Revenue Next 3Y8.86%
Revenue Next 5Y-1.13%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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. Valuation
4.1 Price/Earnings Ratio
ABX is valuated correctly with a Price/Earnings ratio of 14.18.
Based on the Price/Earnings ratio, ABX is valued cheaply inside the industry as 92.57% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ABX to the average of the S&P500 Index (26.59), we can say ABX is valued slightly cheaper.
ABX is valuated reasonably with a Price/Forward Earnings ratio of 10.85.
ABX's Price/Forward Earnings ratio is rather cheap when compared to the industry. ABX is cheaper than 91.82% of the companies in the same industry.
ABX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.18 | ||
| Fwd PE | 10.85 |
4.2 Price Multiples
ABX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ABX is cheaper than 95.66% of the companies in the same industry.
93.18% of the companies in the same industry are more expensive than ABX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.13 | ||
| EV/EBITDA | 5.18 |
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.
ABX has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ABX's earnings are expected to grow with 14.50% in the coming years.
PEG (NY)0.51
PEG (5Y)0.73
EPS Next 2Y21.39%
EPS Next 3Y14.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.98%, ABX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.62, ABX pays a better dividend. On top of this ABX pays more dividend than 97.77% of the companies listed in the same industry.
ABX's Dividend Yield is comparable with the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
5.2 History
The dividend of ABX has a limited annual growth rate of 1.44%.
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)1.44%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
29.83% of the earnings are spent on dividend by ABX. This is a low number and sustainable payout ratio.
ABX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP29.83%
EPS Next 2Y21.39%
EPS Next 3Y14.5%
TSX:ABX (6/9/2025, 7:00:00 PM)
27.79
+0.64 (+2.36%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners62.18%
Inst Owner ChangeN/A
Ins Owners0.7%
Ins Owner ChangeN/A
Market Cap48.00B
Analysts80
Price Target37.91 (36.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
Yearly Dividend0.55
Dividend Growth(5Y)1.44%
DP29.83%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.82%
Min EPS beat(2)10.98%
Max EPS beat(2)22.67%
EPS beat(4)3
Avg EPS beat(4)11%
Min EPS beat(4)-4.73%
Max EPS beat(4)22.67%
EPS beat(8)7
Avg EPS beat(8)15.69%
EPS beat(12)11
Avg EPS beat(12)15.63%
EPS beat(16)15
Avg EPS beat(16)13.78%
Revenue beat(2)1
Avg Revenue beat(2)-3.74%
Min Revenue beat(2)-11.66%
Max Revenue beat(2)4.17%
Revenue beat(4)1
Avg Revenue beat(4)-4.28%
Min Revenue beat(4)-11.66%
Max Revenue beat(4)4.17%
Revenue beat(8)1
Avg Revenue beat(8)-3.15%
Revenue beat(12)5
Avg Revenue beat(12)-0.81%
Revenue beat(16)7
Avg Revenue beat(16)-0.62%
PT rev (1m)1.64%
PT rev (3m)12.69%
EPS NQ rev (1m)19.97%
EPS NQ rev (3m)19.86%
EPS NY rev (1m)0%
EPS NY rev (3m)4.88%
Revenue NQ rev (1m)-1.33%
Revenue NQ rev (3m)-1.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.18 | ||
| Fwd PE | 10.85 | ||
| P/S | 2.64 | ||
| P/FCF | 21.13 | ||
| P/OCF | 7.1 | ||
| P/B | 1.43 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 5.18 |
EPS(TTM)1.96
EY7.05%
EPS(NY)2.56
Fwd EY9.22%
FCF(TTM)1.32
FCFY4.73%
OCF(TTM)3.92
OCFY14.09%
SpS10.54
BVpS19.37
TBVpS16.8
PEG (NY)0.51
PEG (5Y)0.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.83% | ||
| ROE | 9.5% | ||
| ROCE | 10.76% | ||
| ROIC | 7.34% | ||
| ROICexc | 8.07% | ||
| ROICexgc | 8.75% | ||
| OM | 36.66% | ||
| PM (TTM) | 17.46% | ||
| GM | 41.3% | ||
| FCFM | 12.48% |
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-Score7
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.85 | ||
| Debt/EBITDA | 0.7 | ||
| Cap/Depr | 177.27% | ||
| Cap/Sales | 24.67% | ||
| Interest Coverage | 12.9 | ||
| Cash Conversion | 73.45% | ||
| Profit Quality | 71.46% | ||
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.16 | ||
| Altman-Z | 1.46 |
F-Score7
WACC8.61%
ROIC/WACC0.85
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)60.67%
EPS 3Y2.77%
EPS 5Y19.55%
EPS Q2Q%84.21%
EPS Next Y27.68%
EPS Next 2Y21.39%
EPS Next 3Y14.5%
EPS Next 5Y5.07%
Revenue 1Y (TTM)15.69%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%13.94%
Revenue Next Year12.94%
Revenue Next 2Y11%
Revenue Next 3Y8.86%
Revenue Next 5Y-1.13%
EBIT growth 1Y61.74%
EBIT growth 3Y-0.26%
EBIT growth 5Y13.86%
EBIT Next Year85.54%
EBIT Next 3Y30.25%
EBIT Next 5Y7.37%
FCF growth 1Y1207.09%
FCF growth 3Y-12.16%
FCF growth 5Y3.07%
OCF growth 1Y51.95%
OCF growth 3Y0.85%
OCF growth 5Y9.65%