BARRICK MINING CORP (B) Stock Fundamental Analysis
USA - NYSE:B - CA06849F1080 - Common Stock
31.5 USD
-3.23 (-9.3%)
30.22 USD
-1.28 (-4.06%)
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 may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make B a good candidate for value and quality investing.
1. Profitability
1.1 Basic Checks
In the past year B was profitable.
In the past year B had a positive cash flow from operations.
B had positive earnings in each of the past 5 years.
B had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
B has a Return On Assets of 5.85%. This is in the better half of the industry: B outperforms 78.71% of its industry peers.
B's Return On Equity of 11.13% is amongst the best of the industry. B outperforms 83.23% of its industry peers.
B's Return On Invested Capital of 8.42% is fine compared to the rest of the industry. B outperforms 76.77% of its industry peers.
B had an Average Return On Invested Capital over the past 3 years of 5.32%. This is significantly below the industry average of 12.30%.
The 3 year average ROIC (5.32%) for B 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
The Profit Margin of B (19.99%) is better than 87.74% of its industry peers.
B's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 39.96%, B belongs to the top of the industry, outperforming 92.26% of the companies in the same industry.
In the last couple of years the Operating Margin of B has grown nicely.
B's Gross Margin of 44.23% is amongst the best of the industry. B outperforms 82.58% of its industry peers.
In the last couple of years the Gross Margin of B has grown nicely.
| 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) just above the Cost of Capital (WACC), B is creating some value.
The number of shares outstanding for B has been reduced compared to 1 year ago.
B has less shares outstanding than it did 5 years ago.
The debt/assets ratio for B has been reduced compared to a year ago.
2.2 Solvency
B has an Altman-Z score of 2.13. This is not the best score and indicates that B is in the grey zone with still only limited risk for bankruptcy at the moment.
B's Altman-Z score of 2.13 is on the low side compared to the rest of the industry. B is outperformed by 64.52% 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.
The Debt to FCF ratio of B (2.76) is better than 76.77% of its industry peers.
A Debt/Equity ratio of 0.19 indicates that B is not too dependend on debt financing.
The Debt to Equity ratio of B (0.19) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.76 | ||
| Altman-Z | 2.13 |
ROIC/WACC1.03
WACC8.2%
2.3 Liquidity
A Current Ratio of 3.21 indicates that B has no problem at all paying its short term obligations.
B's Current ratio of 3.21 is fine compared to the rest of the industry. B outperforms 65.81% of its industry peers.
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.
Looking at the Quick ratio, with a value of 2.53, B is in the better half of the industry, outperforming 65.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.21 | ||
| Quick Ratio | 2.53 |
3. Growth
3.1 Past
B shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 54.90%, which is quite impressive.
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
The Earnings Per Share is expected to grow by 12.39% on average over the next years. This is quite good.
Based on estimates for the next years, B will show a small growth in Revenue. The Revenue will grow by 4.44% on average per year.
EPS Next Y62.32%
EPS Next 2Y43.74%
EPS Next 3Y26.88%
EPS Next 5Y12.39%
Revenue Next Year18.07%
Revenue Next 2Y16.09%
Revenue Next 3Y11.63%
Revenue Next 5Y4.44%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 19.94, B is valued on the expensive side.
80.65% of the companies in the same industry are more expensive than B, based on the Price/Earnings ratio.
B's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.77.
A Price/Forward Earnings ratio of 12.01 indicates a correct valuation of B.
76.77% of the companies in the same industry are more expensive than B, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.23. B is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.94 | ||
| Fwd PE | 12.01 |
4.2 Price Multiples
B's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. B is cheaper than 85.16% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of B indicates a somewhat cheap valuation: B is cheaper than 75.48% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.33 | ||
| EV/EBITDA | 7.32 |
4.3 Compensation for Growth
B'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 B may justify a higher PE ratio.
B's earnings are expected to grow with 26.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.32
PEG (5Y)1.02
EPS Next 2Y43.74%
EPS Next 3Y26.88%
5. Dividend
5.1 Amount
B has a Yearly Dividend Yield of 1.08%.
Compared to an average industry Dividend Yield of 2.42, B pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.08, B pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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.
B's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP24.89%
EPS Next 2Y43.74%
EPS Next 3Y26.88%
31.5
-3.23 (-9.3%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners62.88%
Inst Owner Change0.57%
Ins Owners0.76%
Ins Owner Change0%
Market Cap53.74B
Revenue(TTM)13.82B
Net Income(TTM)2.76B
Analysts82.35
Price Target35.34 (12.19%)
Short Float %1.49%
Short Ratio1.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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)14.29%
PT rev (3m)27.87%
EPS NQ rev (1m)3.17%
EPS NQ rev (3m)29.05%
EPS NY rev (1m)0%
EPS NY rev (3m)27.13%
Revenue NQ rev (1m)1.57%
Revenue NQ rev (3m)9.71%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)4.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.94 | ||
| Fwd PE | 12.01 | ||
| P/S | 3.89 | ||
| P/FCF | 31.33 | ||
| P/OCF | 10.51 | ||
| P/B | 2.16 | ||
| P/tB | 2.49 | ||
| EV/EBITDA | 7.32 |
EPS(TTM)1.58
EY5.02%
EPS(NY)2.62
Fwd EY8.33%
FCF(TTM)1.01
FCFY3.19%
OCF(TTM)3
OCFY9.51%
SpS8.1
BVpS14.55
TBVpS12.65
PEG (NY)0.32
PEG (5Y)1.02
Graham Number22.75
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%
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 Turnover0.29
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 | 2.13 |
F-Score9
WACC8.2%
ROIC/WACC1.03
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 Y62.32%
EPS Next 2Y43.74%
EPS Next 3Y26.88%
EPS Next 5Y12.39%
Revenue 1Y (TTM)16.86%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%16.41%
Revenue Next Year18.07%
Revenue Next 2Y16.09%
Revenue Next 3Y11.63%
Revenue Next 5Y4.44%
EBIT growth 1Y68.06%
EBIT growth 3Y-0.26%
EBIT growth 5Y13.86%
EBIT Next Year101.92%
EBIT Next 3Y35.9%
EBIT Next 5Y17.53%
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%