BARRICK MINING CORP (ABX.CA) Stock Fundamental Analysis
Canada - TSX:ABX - CA06849F1080 - Common Stock
45.55 CAD
+4.03 (+9.71%)
Taking everything into account, ABX scores 7 out of 10 in our fundamental rating. ABX was compared to 807 industry peers in the Metals & Mining industry. ABX has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ABX may be a bit undervalued, certainly considering the very reasonable score on growth This makes ABX very considerable for value investing!
1. Profitability
1.1 Basic Checks
ABX had positive earnings in the past year.
In the past year ABX had a positive cash flow from operations.
ABX had positive earnings in each of the past 5 years.
Each year in the past 5 years ABX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ABX (5.85%) is better than 90.46% of its industry peers.
ABX has a better Return On Equity (11.13%) than 92.32% of its industry peers.
ABX's Return On Invested Capital of 8.42% is amongst the best of the industry. ABX outperforms 93.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ABX is significantly below the industry average of 11.74%.
The last Return On Invested Capital (8.42%) for ABX 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
ABX's Profit Margin of 19.99% is amongst the best of the industry. ABX outperforms 94.67% of its industry peers.
In the last couple of years the Profit Margin of ABX has declined.
ABX's Operating Margin of 39.96% is amongst the best of the industry. ABX outperforms 97.15% of its industry peers.
In the last couple of years the Operating Margin of ABX has grown nicely.
The Gross Margin of ABX (44.23%) is better than 94.05% of its industry peers.
ABX'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
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
The number of shares outstanding for ABX has been reduced compared to 5 years ago.
Compared to 1 year ago, ABX has an improved debt to assets ratio.
2.2 Solvency
ABX has an Altman-Z score of 2.07. This is not the best score and indicates that ABX is in the grey zone with still only limited risk for bankruptcy at the moment.
ABX has a Altman-Z score (2.07) which is in line with its industry peers.
The Debt to FCF ratio of ABX is 2.76, which is a good value as it means it would take ABX, 2.76 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 2.76, ABX belongs to the best of the industry, outperforming 92.19% 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 worse Debt to Equity ratio (0.19) than 66.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.76 | ||
| Altman-Z | 2.07 |
ROIC/WACC0.94
WACC8.91%
2.3 Liquidity
ABX has a Current Ratio of 3.21. This indicates that ABX is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 3.21, ABX is doing good in the industry, outperforming 65.55% of the companies in the same industry.
A Quick Ratio of 2.53 indicates that ABX has no problem at all paying its short term obligations.
ABX's Quick ratio of 2.53 is fine compared to the rest of the industry. ABX outperforms 61.34% of its industry peers.
| 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.
Measured over the past years, ABX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.55% on average per year.
Looking at the last year, ABX shows a quite strong growth in Revenue. The Revenue has grown by 16.86% 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)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, ABX will show a small growth in Earnings Per Share. The EPS will grow by 5.71% on average per year.
The Revenue is expected to decrease by -1.13% on average over the next years.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
The Price/Earnings ratio is 20.89, which indicates a rather expensive current valuation of ABX.
91.70% of the companies in the same industry are more expensive than ABX, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of ABX to the average of the S&P500 Index (27.38), we can say ABX is valued slightly cheaper.
With a Price/Forward Earnings ratio of 13.09, ABX is valued correctly.
Based on the Price/Forward Earnings ratio, ABX is valued cheaply inside the industry as 91.20% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.86. ABX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.89 | ||
| Fwd PE | 13.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ABX is valued cheaper than 95.91% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ABX is valued cheaply inside the industry as 93.56% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.88 | ||
| EV/EBITDA | 7 |
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.
A more expensive valuation may be justified as ABX's earnings are expected to grow with 25.96% in the coming years.
PEG (NY)0.34
PEG (5Y)1.07
EPS Next 2Y40.99%
EPS Next 3Y25.96%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.33%, ABX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 13.98, ABX pays a better dividend. On top of this ABX pays more dividend than 97.15% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, ABX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.33% |
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 24.89% 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.
DP24.89%
EPS Next 2Y40.99%
EPS Next 3Y25.96%
TSX:ABX (9/19/2025, 7:00:00 PM)
45.55
+4.03 (+9.71%)
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 Cap77.71B
Analysts81.18
Price Target42.8 (-6.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.33% |
Yearly Dividend0.55
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)1
Avg Revenue beat(2)-3.14%
Min Revenue beat(2)-11.66%
Max Revenue beat(2)5.38%
Revenue beat(4)2
Avg Revenue beat(4)-2.3%
Min Revenue beat(4)-11.66%
Max Revenue beat(4)5.38%
Revenue beat(8)2
Avg Revenue beat(8)-1.94%
Revenue beat(12)5
Avg Revenue beat(12)-0.47%
Revenue beat(16)8
Avg Revenue beat(16)-0.16%
PT rev (1m)10.41%
PT rev (3m)12.89%
EPS NQ rev (1m)0.87%
EPS NQ rev (3m)56.13%
EPS NY rev (1m)27.16%
EPS NY rev (3m)27.16%
Revenue NQ rev (1m)3.87%
Revenue NQ rev (3m)16.27%
Revenue NY rev (1m)3.64%
Revenue NY rev (3m)4.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.89 | ||
| Fwd PE | 13.09 | ||
| P/S | 4.08 | ||
| P/FCF | 32.88 | ||
| P/OCF | 11.03 | ||
| P/B | 2.27 | ||
| P/tB | 2.61 | ||
| EV/EBITDA | 7 |
EPS(TTM)2.18
EY4.79%
EPS(NY)3.48
Fwd EY7.64%
FCF(TTM)1.39
FCFY3.04%
OCF(TTM)4.13
OCFY9.07%
SpS11.17
BVpS20.06
TBVpS17.44
PEG (NY)0.34
PEG (5Y)1.07
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 | 2.07 |
F-Score9
WACC8.91%
ROIC/WACC0.94
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%