4.58 USD
-0.05 (-1.08%)
4.6136 USD
+0.03 (+0.73%)
Overall BTG gets a fundamental rating of 6 out of 10. We evaluated BTG against 156 industry peers in the Metals & Mining industry. While BTG belongs to the best of the industry regarding profitability, there are concerns on its financial health. BTG has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
1. Profitability
1.1 Basic Checks
- BTG had positive earnings in the past year.
- BTG had a positive operating cash flow in the past year.
- Of the past 5 years BTG 4 years were profitable.
- BTG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- BTG's Return On Assets of 3.85% is fine compared to the rest of the industry. BTG outperforms 71.79% of its industry peers.
- BTG has a better Return On Equity (6.60%) than 68.59% of its industry peers.
- BTG has a better Return On Invested Capital (17.36%) than 91.03% of its industry peers.
- BTG had an Average Return On Invested Capital over the past 3 years of 11.55%. This is in line with the industry average of 10.26%.
- The 3 year average ROIC (11.55%) for BTG is below the current ROIC(17.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 6.6% | ||
| ROIC | 17.36% |
ROA(3y)-2%
ROA(5y)4.89%
ROE(3y)-4.15%
ROE(5y)5.33%
ROIC(3y)11.55%
ROIC(5y)14.74%
1.3 Margins
- With a decent Profit Margin value of 8.75%, BTG is doing good in the industry, outperforming 75.00% of the companies in the same industry.
- Looking at the Operating Margin, with a value of 40.82%, BTG belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
- In the last couple of years the Operating Margin of BTG has remained more or less at the same level.
- BTG's Gross Margin of 46.01% is amongst the best of the industry. BTG outperforms 81.41% of its industry peers.
- In the last couple of years the Gross Margin of BTG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.82% | ||
| PM (TTM) | 8.75% | ||
| GM | 46.01% |
OM growth 3Y-7.12%
OM growth 5Y-0.62%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.22%
GM growth 5Y-0.97%
2. Health
2.1 Basic Checks
- BTG has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- Compared to 1 year ago, BTG has more shares outstanding
- The number of shares outstanding for BTG has been increased compared to 5 years ago.
- Compared to 1 year ago, BTG has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.50 indicates that BTG is not a great score, but indicates only limited risk for bankruptcy at the moment.
- BTG has a Altman-Z score of 2.50. This is in the lower half of the industry: BTG underperforms 63.46% of its industry peers.
- BTG has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
- BTG's Debt to Equity ratio of 0.18 is in line compared to the rest of the industry. BTG outperforms 52.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.5 |
ROIC/WACC1.82
WACC9.54%
2.3 Liquidity
- BTG has a Current Ratio of 1.03. This is a normal value and indicates that BTG is financially healthy and should not expect problems in meeting its short term obligations.
- With a Current ratio value of 1.03, BTG is not doing good in the industry: 82.05% of the companies in the same industry are doing better.
- BTG has a Quick Ratio of 1.03. This is a bad value and indicates that BTG is not financially healthy enough and could expect problems in meeting its short term obligations.
- BTG has a worse Quick ratio (0.46) than 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 71.43% over the past year.
- BTG shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.71% yearly.
- The Revenue has grown by 30.97% in the past year. This is a very strong growth!
- Measured over the past years, BTG shows a quite strong growth in Revenue. The Revenue has been growing by 10.48% on average per year.
EPS 1Y (TTM)71.43%
EPS 3Y-25.99%
EPS 5Y-9.71%
EPS Q2Q%600%
Revenue 1Y (TTM)30.97%
Revenue growth 3Y2.58%
Revenue growth 5Y10.48%
Sales Q2Q%74.68%
3.2 Future
- The Earnings Per Share is expected to grow by 47.30% on average over the next years. This is a very strong growth
- The Revenue is expected to grow by 17.03% on average over the next years. This is quite good.
EPS Next Y256.87%
EPS Next 2Y126.51%
EPS Next 3Y95.52%
EPS Next 5Y47.3%
Revenue Next Year65.82%
Revenue Next 2Y42.68%
Revenue Next 3Y33.06%
Revenue Next 5Y17.03%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 12.72 indicates a correct valuation of BTG.
- Compared to the rest of the industry, the Price/Earnings ratio of BTG indicates a rather cheap valuation: BTG is cheaper than 98.08% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.38, BTG is valued rather cheaply.
- The Price/Forward Earnings ratio is 5.95, which indicates a rather cheap valuation of BTG.
- BTG's Price/Forward Earnings ratio is rather cheap when compared to the industry. BTG is cheaper than 98.08% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, BTG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.72 | ||
| Fwd PE | 5.95 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BTG is valued cheaper than 98.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.51 |
4.3 Compensation for Growth
- BTG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- BTG has a very decent profitability rating, which may justify a higher PE ratio.
- BTG's earnings are expected to grow with 95.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y126.51%
EPS Next 3Y95.52%
5. Dividend
5.1 Amount
- BTG has a Yearly Dividend Yield of 3.38%.
- Compared to an average industry Dividend Yield of 0.96, BTG pays a better dividend. On top of this BTG pays more dividend than 94.23% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.85, BTG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.38% |
5.2 History
- On average, the dividend of BTG grows each year by 69.07%, which is quite nice.
- BTG has been paying a dividend for over 5 years, so it has already some track record.
- BTG has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)69.07%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
- 56.73% of the earnings are spent on dividend by BTG. This is a bit on the high side, but may be sustainable.
- The dividend of BTG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP56.73%
EPS Next 2Y126.51%
EPS Next 3Y95.52%
4.58
-0.05 (-1.08%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)02-17 2026-02-17/amc
Inst Owners63.39%
Inst Owner Change-0.14%
Ins Owners0.58%
Ins Owner ChangeN/A
Market Cap6.12B
Revenue(TTM)2.51B
Net Income(TTM)219.32M
Analysts71.25
Price Target5.98 (30.57%)
Short Float %3.93%
Short Ratio1.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.38% |
Yearly Dividend0.14
Dividend Growth(5Y)69.07%
DP56.73%
Div Incr Years0
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.26%
Min EPS beat(2)-11.53%
Max EPS beat(2)-0.99%
EPS beat(4)1
Avg EPS beat(4)-24.29%
Min EPS beat(4)-86.5%
Max EPS beat(4)1.84%
EPS beat(8)2
Avg EPS beat(8)-22.01%
EPS beat(12)4
Avg EPS beat(12)-14.1%
EPS beat(16)5
Avg EPS beat(16)-14.09%
Revenue beat(2)0
Avg Revenue beat(2)-4.79%
Min Revenue beat(2)-6.76%
Max Revenue beat(2)-2.83%
Revenue beat(4)0
Avg Revenue beat(4)-4.94%
Min Revenue beat(4)-9.16%
Max Revenue beat(4)-1.03%
Revenue beat(8)3
Avg Revenue beat(8)-1.22%
Revenue beat(12)5
Avg Revenue beat(12)-0.51%
Revenue beat(16)7
Avg Revenue beat(16)-0.79%
PT rev (1m)0.88%
PT rev (3m)20.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.39%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)15.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.72 | ||
| Fwd PE | 5.95 | ||
| P/S | 2.44 | ||
| P/FCF | N/A | ||
| P/OCF | 8.43 | ||
| P/B | 1.84 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | 4.51 |
EPS(TTM)0.36
EY7.86%
EPS(NY)0.77
Fwd EY16.8%
FCF(TTM)-0.15
FCFYN/A
OCF(TTM)0.54
OCFY11.87%
SpS1.88
BVpS2.49
TBVpS2.49
PEG (NY)0.05
PEG (5Y)N/A
Graham Number4.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 6.6% | ||
| ROCE | 21.98% | ||
| ROIC | 17.36% | ||
| ROICexc | 18.89% | ||
| ROICexgc | 18.89% | ||
| OM | 40.82% | ||
| PM (TTM) | 8.75% | ||
| GM | 46.01% | ||
| FCFM | N/A |
ROA(3y)-2%
ROA(5y)4.89%
ROE(3y)-4.15%
ROE(5y)5.33%
ROIC(3y)11.55%
ROIC(5y)14.74%
ROICexc(3y)13.08%
ROICexc(5y)17.32%
ROICexgc(3y)13.08%
ROICexgc(5y)17.32%
ROCE(3y)14.62%
ROCE(5y)18.66%
ROICexgc growth 3Y-16.06%
ROICexgc growth 5Y-0.47%
ROICexc growth 3Y-16.06%
ROICexc growth 5Y-0.47%
OM growth 3Y-7.12%
OM growth 5Y-0.62%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.22%
GM growth 5Y-0.97%
F-Score6
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.43 | ||
| Cap/Depr | 239.32% | ||
| Cap/Sales | 37.22% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 51.39% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | 2.5 |
F-Score6
WACC9.54%
ROIC/WACC1.82
Cap/Depr(3y)185.06%
Cap/Depr(5y)150.39%
Cap/Sales(3y)37.73%
Cap/Sales(5y)30.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)71.43%
EPS 3Y-25.99%
EPS 5Y-9.71%
EPS Q2Q%600%
EPS Next Y256.87%
EPS Next 2Y126.51%
EPS Next 3Y95.52%
EPS Next 5Y47.3%
Revenue 1Y (TTM)30.97%
Revenue growth 3Y2.58%
Revenue growth 5Y10.48%
Sales Q2Q%74.68%
Revenue Next Year65.82%
Revenue Next 2Y42.68%
Revenue Next 3Y33.06%
Revenue Next 5Y17.03%
EBIT growth 1Y64.97%
EBIT growth 3Y-4.73%
EBIT growth 5Y9.8%
EBIT Next Year718.35%
EBIT Next 3Y133.61%
EBIT Next 5Y63.41%
FCF growth 1Y-267.06%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-6.83%
OCF growth 3Y6.62%
OCF growth 5Y12.27%
B2GOLD CORP / BTG FAQ
What is the ChartMill fundamental rating of B2GOLD CORP (BTG) stock?
ChartMill assigns a fundamental rating of 6 / 10 to BTG.
What is the valuation status for BTG stock?
ChartMill assigns a valuation rating of 8 / 10 to B2GOLD CORP (BTG). This can be considered as Undervalued.
How profitable is B2GOLD CORP (BTG) stock?
B2GOLD CORP (BTG) has a profitability rating of 7 / 10.
What is the financial health of B2GOLD CORP (BTG) stock?
The financial health rating of B2GOLD CORP (BTG) is 2 / 10.
How sustainable is the dividend of B2GOLD CORP (BTG) stock?
The dividend rating of B2GOLD CORP (BTG) is 6 / 10 and the dividend payout ratio is 56.73%.