BARRICK MINING CORP (ABX.CA) Stock Fundamental Analysis
TSX:ABX - CA06849F1080 - Common Stock
39.37 CAD
+1.71 (+4.54%)
Taking everything into account, ABX scores 7 out of 10 in our fundamental rating. ABX was compared to 803 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. ABX scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, ABX could be worth investigating further 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
With an excellent Return On Assets value of 5.85%, ABX belongs to the best of the industry, outperforming 90.54% of the companies in the same industry.
ABX's Return On Equity of 11.13% is amongst the best of the industry. ABX outperforms 92.28% of its industry peers.
The Return On Invested Capital of ABX (8.42%) is better than 93.28% 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 11.82%.
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 94.52% of its industry peers.
In the last couple of years the Profit Margin of ABX has declined.
ABX has a Operating Margin of 39.96%. This is amongst the best in the industry. ABX outperforms 96.89% of its industry peers.
ABX's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 44.23%, ABX belongs to the best of the industry, outperforming 94.02% of the companies in the same industry.
ABX's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ABX is destroying value.
Compared to 1 year ago, ABX has less shares outstanding
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 1.93. 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.
ABX has a Altman-Z score of 1.93. This is comparable to the rest of the industry: ABX outperforms 51.43% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 2.76, ABX belongs to the top of the industry, outperforming 92.65% of the companies in the same industry.
ABX has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.19, ABX is doing worse than 67.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.76 | ||
| Altman-Z | 1.93 |
ROIC/WACC0.89
WACC9.41%
2.3 Liquidity
A Current Ratio of 3.21 indicates that ABX has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.21, ABX is in the better half of the industry, outperforming 65.13% of the companies in the same industry.
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.
ABX has a better Quick ratio (2.53) than 60.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.21 | ||
| Quick Ratio | 2.53 |
3. Growth
3.1 Past
ABX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 54.90%, which is quite impressive.
Measured over the past years, ABX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.55% on average per year.
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
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
With a Price/Earnings ratio of 18.06, ABX is valued on the expensive side.
ABX's Price/Earnings ratio is rather cheap when compared to the industry. ABX is cheaper than 92.15% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.06. ABX is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 11.29, the valuation of ABX can be described as reasonable.
Based on the Price/Forward Earnings ratio, ABX is valued cheaper than 92.53% of the companies in the same industry.
ABX is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.06 | ||
| Fwd PE | 11.29 |
4.2 Price Multiples
95.89% of the companies in the same industry are more expensive than ABX, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ABX is valued cheaper than 93.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.34 | ||
| EV/EBITDA | 6.33 |
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.
ABX's earnings are expected to grow with 25.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.29
PEG (5Y)0.92
EPS Next 2Y40.99%
EPS Next 3Y25.96%
5. Dividend
5.1 Amount
ABX has a Yearly Dividend Yield of 1.44%. Purely for dividend investing, there may be better candidates out there.
ABX's Dividend Yield is rather good when compared to the industry average which is at 15.99. ABX pays more dividend than 97.26% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.32, ABX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
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.
ABX has decreased its dividend 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.
ABX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP24.89%
EPS Next 2Y40.99%
EPS Next 3Y25.96%
TSX:ABX (9/5/2025, 7:00:00 PM)
39.37
+1.71 (+4.54%)
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 Cap67.16B
Analysts81.18
Price Target40.58 (3.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
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)6.81%
PT rev (3m)8.78%
EPS NQ rev (1m)12.45%
EPS NQ rev (3m)53.42%
EPS NY rev (1m)27.16%
EPS NY rev (3m)27.16%
Revenue NQ rev (1m)8.02%
Revenue NQ rev (3m)16.27%
Revenue NY rev (1m)3.64%
Revenue NY rev (3m)4.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.06 | ||
| Fwd PE | 11.29 | ||
| P/S | 3.52 | ||
| P/FCF | 28.34 | ||
| P/OCF | 9.51 | ||
| P/B | 1.96 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | 6.33 |
EPS(TTM)2.18
EY5.54%
EPS(NY)3.49
Fwd EY8.86%
FCF(TTM)1.39
FCFY3.53%
OCF(TTM)4.14
OCFY10.52%
SpS11.2
BVpS20.11
TBVpS17.48
PEG (NY)0.29
PEG (5Y)0.92
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 | 1.93 |
F-Score9
WACC9.41%
ROIC/WACC0.89
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%