BARRICK MINING CORP (B) Stock Fundamental Analysis
NYSE:B - CA06849F1080 - Common Stock
29.48 USD
+0.32 (+1.1%)
29.6 USD
+0.12 (+0.41%)
We assign a fundamental rating of 7 out of 10 to B. B was compared to 155 industry peers in the Metals & Mining industry. B has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. B is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make B suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year B was profitable.
B had a positive operating cash flow in the past year.
In the past 5 years B has always been profitable.
Each year in the past 5 years B had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.85%, B is doing good in the industry, outperforming 78.06% of the companies in the same industry.
With an excellent Return On Equity value of 11.13%, B belongs to the best of the industry, outperforming 81.94% of the companies in the same industry.
The Return On Invested Capital of B (8.42%) is better than 75.48% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for B is significantly below the industry average of 13.00%.
The last Return On Invested Capital (8.42%) for B is above the 3 year average (5.32%), which is a sign of increasing profitability.
| 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
B's Profit Margin of 19.99% is amongst the best of the industry. B outperforms 86.45% of its industry peers.
B's Profit Margin has declined in the last couple of years.
B has a Operating Margin of 39.96%. This is amongst the best in the industry. B outperforms 91.61% of its industry peers.
B's Operating Margin has improved in the last couple of years.
B has a Gross Margin of 44.23%. This is amongst the best in the industry. B outperforms 83.23% of its industry peers.
B'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
B has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, B has less shares outstanding
Compared to 5 years ago, B has less shares outstanding
The debt/assets ratio for B has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.04 indicates that B is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of B (2.04) is worse than 60.00% of its industry peers.
B has a debt to FCF ratio of 2.76. This is a good value and a sign of high solvency as B would need 2.76 years to pay back of all of its debts.
B has a Debt to FCF ratio of 2.76. This is in the better half of the industry: B outperforms 75.48% of its industry peers.
B has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
B has a Debt to Equity ratio (0.19) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.76 | ||
| Altman-Z | 2.04 |
ROIC/WACC0.91
WACC9.27%
2.3 Liquidity
A Current Ratio of 3.21 indicates that B has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.21, B is in the better half of the industry, outperforming 66.45% of the companies in the same industry.
B has a Quick Ratio of 2.53. This indicates that B is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.53, B is doing good in the industry, outperforming 67.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.21 | ||
| Quick Ratio | 2.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 54.90% over the past year.
The Earnings Per Share has been growing by 19.55% on average over the past years. This is quite good.
B shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.86%.
Measured over the past years, B shows a small growth in Revenue. The Revenue has been growing by 5.87% on average per year.
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, B will show a small growth in Earnings Per Share. The EPS will grow by 5.71% on average per year.
Based on estimates for the next years, B will show a decrease in Revenue. The Revenue will decrease by -1.13% on average per year.
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
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. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.66, the valuation of B can be described as rather expensive.
B's Price/Earnings ratio is rather cheap when compared to the industry. B is cheaper than 83.23% of the companies in the same industry.
When comparing the Price/Earnings ratio of B to the average of the S&P500 Index (27.03), we can say B is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 11.68, the valuation of B can be described as reasonable.
Based on the Price/Forward Earnings ratio, B is valued a bit cheaper than 76.77% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.54, B is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.66 | ||
| Fwd PE | 11.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, B is valued cheaper than 87.10% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, B is valued a bit cheaper than the industry average as 76.13% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.33 | ||
| EV/EBITDA | 6.85 |
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 B may justify a higher PE ratio.
A more expensive valuation may be justified as B's earnings are expected to grow with 25.96% in the coming years.
PEG (NY)0.3
PEG (5Y)0.95
EPS Next 2Y40.99%
EPS Next 3Y25.96%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.44%, B has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.74, B pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.44, B pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
5.2 History
The dividend of B has a limited annual growth rate of 1.44%.
B has been paying a dividend for over 5 years, so it has already some track record.
B has decreased its dividend recently.
Dividend Growth(5Y)1.44%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
24.89% of the earnings are spent on dividend by B. This is a low number and sustainable payout ratio.
The dividend of B is growing, but earnings are growing more, so the dividend growth is sustainable.
DP24.89%
EPS Next 2Y40.99%
EPS Next 3Y25.96%
29.48
+0.32 (+1.1%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners61.61%
Inst Owner Change1230.74%
Ins Owners0.75%
Ins Owner Change0%
Market Cap50.29B
Analysts81.18
Price Target29.23 (-0.85%)
Short Float %0.91%
Short Ratio1.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
Yearly Dividend0.4
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.49%
PT rev (3m)-40.17%
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)N/A
Revenue NY rev (1m)3.64%
Revenue NY rev (3m)4.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.66 | ||
| Fwd PE | 11.68 | ||
| P/S | 3.64 | ||
| P/FCF | 29.33 | ||
| P/OCF | 9.84 | ||
| P/B | 2.03 | ||
| P/tB | 2.33 | ||
| EV/EBITDA | 6.85 |
EPS(TTM)1.58
EY5.36%
EPS(NY)2.52
Fwd EY8.56%
FCF(TTM)1.01
FCFY3.41%
OCF(TTM)3
OCFY10.17%
SpS8.1
BVpS14.55
TBVpS12.65
PEG (NY)0.3
PEG (5Y)0.95
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 | 2.04 |
F-Score9
WACC9.27%
ROIC/WACC0.91
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%