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 805 industry peers in the Metals & Mining industry. While ABX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ABX is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make ABX a good candidate 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.
ABX had positive earnings in each of the past 5 years.
In the past 5 years ABX always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ABX (4.83%) is better than 89.32% of its industry peers.
With an excellent Return On Equity value of 9.50%, ABX belongs to the best of the industry, outperforming 91.55% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.34%, ABX belongs to the top of the industry, outperforming 93.17% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ABX is significantly below the industry average of 12.37%.
The last Return On Invested Capital (7.34%) for ABX is above the 3 year average (5.32%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 17.46%, ABX belongs to the top of the industry, outperforming 94.41% of the companies in the same industry.
In the last couple of years the Profit Margin of ABX has declined.
ABX has a Operating Margin of 36.66%. This is amongst the best in the industry. ABX outperforms 96.15% of its industry peers.
ABX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 41.30%, ABX belongs to the top of the industry, outperforming 93.91% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ABX is destroying value.
Compared to 1 year ago, ABX has less shares outstanding
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
Based on the Altman-Z score of 1.50, we must say that ABX is in the distress zone and has some risk of bankruptcy.
ABX has a Altman-Z score (1.50) which is in line with 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.
Looking at the Debt to FCF ratio, with a value of 2.85, ABX belongs to the top of the industry, outperforming 92.55% of the companies in the same industry.
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 Debt to Equity ratio of 0.19. This is in the lower half of the industry: ABX underperforms 66.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.85 | ||
| Altman-Z | 1.5 |
ROIC/WACC0.84
WACC8.71%
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.
ABX has a better Current ratio (2.87) than 62.48% of its industry peers.
ABX has a Quick Ratio of 2.16. This indicates that ABX is financially healthy and has no problem in meeting its short term obligations.
ABX's Quick ratio of 2.16 is in line compared to the rest of the industry. ABX outperforms 58.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.16 |
3. Growth
3.1 Past
ABX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 60.67%, which is quite impressive.
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 15.69% 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)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
ABX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.93% yearly.
The Revenue is expected to grow by 4.67% on average over the next years.
EPS Next Y27.68%
EPS Next 2Y21.39%
EPS Next 3Y14.5%
EPS Next 5Y12.93%
Revenue Next Year12.94%
Revenue Next 2Y11%
Revenue Next 3Y8.86%
Revenue Next 5Y4.67%
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
A Price/Earnings ratio of 14.43 indicates a correct valuation of ABX.
ABX's Price/Earnings ratio is rather cheap when compared to the industry. ABX is cheaper than 92.17% of the companies in the same industry.
ABX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.50.
The Price/Forward Earnings ratio is 11.04, which indicates a very decent valuation of ABX.
91.18% of the companies in the same industry are more expensive than ABX, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.44. ABX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.43 | ||
| Fwd PE | 11.04 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ABX indicates a rather cheap valuation: ABX is cheaper than 95.78% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ABX indicates a rather cheap valuation: ABX is cheaper than 93.29% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.49 | ||
| EV/EBITDA | 5.42 |
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)0.52
PEG (5Y)0.74
EPS Next 2Y21.39%
EPS Next 3Y14.5%
5. Dividend
5.1 Amount
ABX has a Yearly Dividend Yield of 1.89%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 14.98, ABX pays a better dividend. On top of this ABX pays more dividend than 97.52% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, ABX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
5.2 History
The dividend of ABX has a limited annual growth rate of 1.44%.
ABX has been paying a dividend for at least 10 years, so it has a reliable track record.
ABX has decreased its dividend 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.
The dividend of ABX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP29.83%
EPS Next 2Y21.39%
EPS Next 3Y14.5%
TSX:ABX (7/18/2025, 7:00:00 PM)
28.43
-0.16 (-0.56%)
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 Cap49.10B
Analysts78.75
Price Target37.82 (33.03%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
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)-0.25%
PT rev (3m)54.18%
EPS NQ rev (1m)0.85%
EPS NQ rev (3m)20.99%
EPS NY rev (1m)0%
EPS NY rev (3m)9.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.43 | ||
| Fwd PE | 11.04 | ||
| P/S | 2.68 | ||
| P/FCF | 21.49 | ||
| P/OCF | 7.22 | ||
| P/B | 1.46 | ||
| P/tB | 1.68 | ||
| EV/EBITDA | 5.42 |
EPS(TTM)1.97
EY6.93%
EPS(NY)2.58
Fwd EY9.06%
FCF(TTM)1.32
FCFY4.65%
OCF(TTM)3.94
OCFY13.86%
SpS10.6
BVpS19.48
TBVpS16.9
PEG (NY)0.52
PEG (5Y)0.74
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 | 1.5 |
F-Score7
WACC8.71%
ROIC/WACC0.84
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 Year12.94%
Revenue Next 2Y11%
Revenue Next 3Y8.86%
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%