BARRICK MINING CORP (ABX.CA) Stock Fundamental Analysis
TSX:ABX - Toronto Stock Exchange - CA06849F1080 - Common Stock - Currency: CAD
Overall ABX gets a fundamental rating of 7 out of 10. We evaluated ABX against 794 industry peers in the Metals & Mining industry. While ABX has a great profitability rating, there are some minor concerns on its financial health. ABX scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make ABX suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year ABX was profitable.
In the past year ABX had a positive cash flow from operations.
Each year in the past 5 years ABX has been profitable.
ABX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 4.83%, ABX belongs to the best of the industry, outperforming 89.47% of the companies in the same industry.
With an excellent Return On Equity value of 9.50%, ABX belongs to the best of the industry, outperforming 91.73% of the companies in the same industry.
ABX has a Return On Invested Capital of 7.34%. This is amongst the best in the industry. ABX outperforms 92.98% 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 11.36%.
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 94.36% of its industry peers.
ABX's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 36.66%, ABX belongs to the best of the industry, outperforming 95.99% of the companies in the same industry.
ABX's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 41.30%, ABX belongs to the best of the industry, outperforming 93.73% of the companies in the same industry.
In the last couple of years the Gross Margin of ABX has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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 1.62. 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 of 1.62. This is comparable to the rest of the industry: ABX outperforms 51.25% of 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 92.48% 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 worse Debt to Equity ratio (0.19) than 67.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.85 | ||
| Altman-Z | 1.62 |
ROIC/WACC0.86
WACC8.56%
2.3 Liquidity
ABX has a Current Ratio of 2.87. 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 2.87, ABX is in the better half of the industry, outperforming 62.28% of the companies in the same industry.
A Quick Ratio of 2.16 indicates that ABX has no problem at all paying its short term obligations.
With a Quick ratio value of 2.16, ABX perfoms like the industry average, outperforming 58.90% of the companies in the same industry.
| 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.
The Earnings Per Share has been growing by 19.55% on average over the past years. This is quite good.
ABX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.69%.
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
The Earnings Per Share is expected to grow by 12.93% on average over the next years. This is quite good.
ABX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.67% yearly.
EPS Next Y27.68%
EPS Next 2Y21.39%
EPS Next 3Y14.5%
EPS Next 5Y12.93%
Revenue Next Year13.71%
Revenue Next 2Y14.24%
Revenue Next 3Y10.2%
Revenue Next 5Y4.67%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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 16.44 indicates a correct valuation of ABX.
Based on the Price/Earnings ratio, ABX is valued cheaply inside the industry as 91.48% of the companies are valued more expensively.
ABX is valuated rather cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 12.53, which indicates a correct valuation of ABX.
90.60% of the companies in the same industry are more expensive than ABX, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.09, ABX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.44 | ||
| Fwd PE | 12.53 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ABX is valued cheaply inside the industry as 95.49% 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 93.11% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.4 | ||
| EV/EBITDA | 6.11 |
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.
ABX's earnings are expected to grow with 14.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.59
PEG (5Y)0.84
EPS Next 2Y21.39%
EPS Next 3Y14.5%
5. Dividend
5.1 Amount
ABX has a Yearly Dividend Yield of 1.71%.
Compared to an average industry Dividend Yield of 17.11, ABX pays a better dividend. On top of this ABX pays more dividend than 97.24% of the companies listed in the same industry.
ABX's Dividend Yield is slightly below the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.71% |
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 29.83% 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.
DP29.83%
EPS Next 2Y21.39%
EPS Next 3Y14.5%
TSX:ABX (8/8/2025, 7:00:00 PM)
32.22
+0.45 (+1.42%)
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 Cap55.65B
Analysts80
Price Target38.77 (20.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.71% |
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)2.51%
PT rev (3m)3.93%
EPS NQ rev (1m)8.54%
EPS NQ rev (3m)31.32%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.33%
Revenue NY rev (1m)0.68%
Revenue NY rev (3m)5.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.44 | ||
| Fwd PE | 12.53 | ||
| P/S | 3.04 | ||
| P/FCF | 24.4 | ||
| P/OCF | 8.19 | ||
| P/B | 1.66 | ||
| P/tB | 1.91 | ||
| EV/EBITDA | 6.11 |
EPS(TTM)1.96
EY6.08%
EPS(NY)2.57
Fwd EY7.98%
FCF(TTM)1.32
FCFY4.1%
OCF(TTM)3.93
OCFY12.2%
SpS10.58
BVpS19.45
TBVpS16.87
PEG (NY)0.59
PEG (5Y)0.84
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 | 1.62 |
F-Score7
WACC8.56%
ROIC/WACC0.86
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 5Y12.93%
Revenue 1Y (TTM)15.69%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%13.94%
Revenue Next Year13.71%
Revenue Next 2Y14.24%
Revenue Next 3Y10.2%
Revenue Next 5Y4.67%
EBIT growth 1Y61.74%
EBIT growth 3Y-0.26%
EBIT growth 5Y13.86%
EBIT Next Year85.54%
EBIT Next 3Y30.25%
EBIT Next 5Y18.1%
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%