BARRICK MINING CORP (ABX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:ABX - CA06849F1080 - Common Stock
62.06 CAD
-0.52 (-0.83%)
We assign a fundamental rating of 8 out of 10 to ABX. ABX was compared to 814 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making ABX a very profitable company, without any liquidiy or solvency issues. ABX is evaluated to be cheap and growing strongly. This does not happen too often! These ratings could make ABX a good candidate for value and growth and quality 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.
Each year in the past 5 years ABX has been profitable.
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 7.41%, ABX belongs to the best of the industry, outperforming 90.79% of the companies in the same industry.
ABX has a Return On Equity of 14.25%. This is amongst the best in the industry. ABX outperforms 92.38% of its industry peers.
The Return On Invested Capital of ABX (9.83%) is better than 93.61% 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 12.95%.
The 3 year average ROIC (5.32%) for ABX is below the current ROIC(9.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.41% | ||
| ROE | 14.25% | ||
| ROIC | 9.83% |
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
The Profit Margin of ABX (24.53%) is better than 95.09% of its industry peers.
In the last couple of years the Profit Margin of ABX has declined.
Looking at the Operating Margin, with a value of 44.74%, ABX belongs to the top of the industry, outperforming 98.16% of the companies in the same industry.
ABX's Operating Margin has improved in the last couple of years.
The Gross Margin of ABX (48.32%) is better than 95.33% of its industry peers.
In the last couple of years the Gross Margin of ABX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.74% | ||
| PM (TTM) | 24.53% | ||
| GM | 48.32% |
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) just above the Cost of Capital (WACC), ABX is creating some value.
ABX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ABX has less shares outstanding
The debt/assets ratio for ABX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.78 indicates that ABX is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.78, ABX is in line with its industry, outperforming 49.26% of the companies in the same industry.
The Debt to FCF ratio of ABX is 1.71, which is an excellent value as it means it would take ABX, only 1.71 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.71, ABX belongs to the top of the industry, outperforming 92.38% of the companies in the same industry.
ABX has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
ABX has a worse Debt to Equity ratio (0.18) than 67.57% of its industry peers.
Although ABX does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. 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 | 0.18 | ||
| Debt/FCF | 1.71 | ||
| Altman-Z | 2.78 |
ROIC/WACC1.06
WACC9.26%
2.3 Liquidity
ABX has a Current Ratio of 2.94. This indicates that ABX is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.94, ABX is doing good in the industry, outperforming 60.57% 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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 72.22% 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.
Looking at the last year, ABX shows a quite strong growth in Revenue. The Revenue has grown by 18.39% in the last year.
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)72.22%
EPS 3Y2.77%
EPS 5Y19.55%
EPS Q2Q%93.33%
Revenue 1Y (TTM)18.39%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%23.16%
3.2 Future
Based on estimates for the next years, ABX will show a very strong growth in Earnings Per Share. The EPS will grow by 20.99% on average per year.
Based on estimates for the next years, ABX will show a quite strong growth in Revenue. The Revenue will grow by 8.02% on average per year.
EPS Next Y77.61%
EPS Next 2Y60.24%
EPS Next 3Y42.13%
EPS Next 5Y20.99%
Revenue Next Year20.91%
Revenue Next 2Y22.81%
Revenue Next 3Y17.61%
Revenue Next 5Y8.02%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.34 indicates a rather expensive valuation of ABX.
90.91% of the companies in the same industry are more expensive than ABX, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.59. ABX is around the same levels.
The Price/Forward Earnings ratio is 13.91, which indicates a correct valuation of ABX.
Based on the Price/Forward Earnings ratio, ABX is valued cheaply inside the industry as 91.65% of the companies are valued more expensively.
ABX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.34 | ||
| Fwd PE | 13.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ABX is valued cheaply inside the industry as 95.70% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ABX indicates a rather cheap valuation: ABX is cheaper than 94.47% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.83 | ||
| EV/EBITDA | 9.15 |
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.
ABX's earnings are expected to grow with 42.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.31
PEG (5Y)1.24
EPS Next 2Y60.24%
EPS Next 3Y42.13%
5. Dividend
5.1 Amount
With a yearly dividend of 0.90%, ABX is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.61, ABX pays a better dividend. On top of this ABX pays more dividend than 96.81% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, ABX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
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
21.43% of the earnings are spent on dividend by ABX. This is a low number and sustainable payout ratio.
The dividend of ABX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP21.43%
EPS Next 2Y60.24%
EPS Next 3Y42.13%
TSX:ABX (12/24/2025, 7:00:00 PM)
62.06
-0.52 (-0.83%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners65.72%
Inst Owner ChangeN/A
Ins Owners0.74%
Ins Owner ChangeN/A
Market Cap104.72B
Revenue(TTM)14.60B
Net Income(TTM)3.58B
Analysts83.53
Price Target65.03 (4.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
Yearly Dividend0.55
Dividend Growth(5Y)1.44%
DP21.43%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.14%
Min EPS beat(2)-0.07%
Max EPS beat(2)2.36%
EPS beat(4)3
Avg EPS beat(4)8.98%
Min EPS beat(4)-0.07%
Max EPS beat(4)22.67%
EPS beat(8)6
Avg EPS beat(8)12.29%
EPS beat(12)10
Avg EPS beat(12)14.11%
EPS beat(16)14
Avg EPS beat(16)13.2%
Revenue beat(2)1
Avg Revenue beat(2)2.05%
Min Revenue beat(2)-1.29%
Max Revenue beat(2)5.38%
Revenue beat(4)2
Avg Revenue beat(4)-0.85%
Min Revenue beat(4)-11.66%
Max Revenue beat(4)5.38%
Revenue beat(8)2
Avg Revenue beat(8)-1.85%
Revenue beat(12)4
Avg Revenue beat(12)-0.97%
Revenue beat(16)8
Avg Revenue beat(16)-0.05%
PT rev (1m)14.44%
PT rev (3m)51.92%
EPS NQ rev (1m)5.03%
EPS NQ rev (3m)35.44%
EPS NY rev (1m)3.83%
EPS NY rev (3m)9.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)28.18%
Revenue NY rev (1m)0.66%
Revenue NY rev (3m)2.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.34 | ||
| Fwd PE | 13.91 | ||
| P/S | 5.24 | ||
| P/FCF | 27.83 | ||
| P/OCF | 12.04 | ||
| P/B | 3.04 | ||
| P/tB | 3.48 | ||
| EV/EBITDA | 9.15 |
EPS(TTM)2.55
EY4.11%
EPS(NY)4.46
Fwd EY7.19%
FCF(TTM)2.23
FCFY3.59%
OCF(TTM)5.15
OCFY8.3%
SpS11.84
BVpS20.39
TBVpS17.81
PEG (NY)0.31
PEG (5Y)1.24
Graham Number34.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.41% | ||
| ROE | 14.25% | ||
| ROCE | 14.42% | ||
| ROIC | 9.83% | ||
| ROICexc | 11.06% | ||
| ROICexgc | 12.01% | ||
| OM | 44.74% | ||
| PM (TTM) | 24.53% | ||
| GM | 48.32% | ||
| FCFM | 18.83% |
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%
ROICexgc growth 3Y-3.04%
ROICexgc 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 Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.71 | ||
| Debt/EBITDA | 0.56 | ||
| Cap/Depr | 201.28% | ||
| Cap/Sales | 24.69% | ||
| Interest Coverage | 21.56 | ||
| Cash Conversion | 76.34% | ||
| Profit Quality | 76.75% | ||
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.33 | ||
| Altman-Z | 2.78 |
F-Score9
WACC9.26%
ROIC/WACC1.06
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)72.22%
EPS 3Y2.77%
EPS 5Y19.55%
EPS Q2Q%93.33%
EPS Next Y77.61%
EPS Next 2Y60.24%
EPS Next 3Y42.13%
EPS Next 5Y20.99%
Revenue 1Y (TTM)18.39%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%23.16%
Revenue Next Year20.91%
Revenue Next 2Y22.81%
Revenue Next 3Y17.61%
Revenue Next 5Y8.02%
EBIT growth 1Y86.74%
EBIT growth 3Y-0.26%
EBIT growth 5Y13.86%
EBIT Next Year111.99%
EBIT Next 3Y49.26%
EBIT Next 5Y24.44%
FCF growth 1Y564.25%
FCF growth 3Y-12.16%
FCF growth 5Y3.07%
OCF growth 1Y80.03%
OCF growth 3Y0.85%
OCF growth 5Y9.65%
BARRICK MINING CORP / ABX.CA FAQ
Can you provide the ChartMill fundamental rating for BARRICK MINING CORP?
ChartMill assigns a fundamental rating of 8 / 10 to ABX.CA.
What is the valuation status of BARRICK MINING CORP (ABX.CA) 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 8 / 10.
What is the valuation of BARRICK MINING CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BARRICK MINING CORP (ABX.CA) is 24.34 and the Price/Book (PB) ratio is 3.04.
Is the dividend of BARRICK MINING CORP sustainable?
The dividend rating of BARRICK MINING CORP (ABX.CA) is 5 / 10 and the dividend payout ratio is 21.43%.