BARRICK MINING CORP (ABX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:ABX - CA06849F1080 - Common Stock
56.51 CAD
-0.91 (-1.58%)
ABX gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 796 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making ABX a very profitable company, without any liquidiy or solvency issues. An interesting combination arises when we look at growth and value: ABX is growing strongly while it also seems undervalued. These ratings could make ABX a good candidate for value and growth and quality 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.
ABX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.41%, ABX belongs to the top of the industry, outperforming 90.45% of the companies in the same industry.
With an excellent Return On Equity value of 14.25%, ABX belongs to the best of the industry, outperforming 92.34% of the companies in the same industry.
ABX has a Return On Invested Capital of 9.83%. This is amongst the best in the industry. ABX outperforms 94.10% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ABX is significantly below the industry average of 12.63%.
The 3 year average ROIC (5.32%) for ABX is below the current ROIC(9.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.41% | ||
| ROE | 14.25% | ||
| ROIC | 9.83% |
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 24.53%, ABX belongs to the top of the industry, outperforming 95.35% of the companies in the same industry.
In the last couple of years the Profit Margin of ABX has declined.
Looking at the Operating Margin, with a value of 44.74%, ABX belongs to the top of the industry, outperforming 98.24% of the companies in the same industry.
ABX's Operating Margin has improved in the last couple of years.
ABX has a better Gross Margin (48.32%) than 95.23% of its industry peers.
ABX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.74% | ||
| PM (TTM) | 24.53% | ||
| GM | 48.32% |
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
ABX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for ABX has been reduced compared to 1 year ago.
ABX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ABX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.57 indicates that ABX is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of ABX (2.57) is comparable to the rest of the industry.
ABX has a debt to FCF ratio of 1.71. This is a very positive value and a sign of high solvency as it would only need 1.71 years to pay back of all of its debts.
ABX has a better Debt to FCF ratio (1.71) than 92.46% of its industry peers.
ABX has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ABX (0.18) is worse than 67.59% of its industry peers.
Although ABX does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.71 | ||
| Altman-Z | 2.57 |
ROIC/WACC1.11
WACC8.84%
2.3 Liquidity
A Current Ratio of 2.94 indicates that ABX has no problem at all paying its short term obligations.
With a Current ratio value of 2.94, ABX perfoms like the industry average, outperforming 59.80% of the companies in the same industry.
ABX has a Quick Ratio of 2.33. This indicates that ABX is financially healthy and has no problem in meeting its short term obligations.
ABX has a Quick ratio (2.33) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 72.22% over the past year.
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 18.39% 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)72.22%
EPS 3Y2.77%
EPS 5Y19.55%
EPS Q2Q%93.33%
Revenue 1Y (TTM)18.39%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%23.16%
3.2 Future
ABX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.99% yearly.
The Revenue is expected to grow by 8.02% on average over the next years. This is quite good.
EPS Next Y71.05%
EPS Next 2Y50.42%
EPS Next 3Y31.44%
EPS Next 5Y20.99%
Revenue Next Year20.11%
Revenue Next 2Y18.65%
Revenue Next 3Y13.85%
Revenue Next 5Y8.02%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 21.82, the valuation of ABX can be described as rather expensive.
Based on the Price/Earnings ratio, ABX is valued cheaper than 91.33% of the companies in the same industry.
ABX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.37.
With a Price/Forward Earnings ratio of 14.10, ABX is valued correctly.
91.08% 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 36.20. ABX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.82 | ||
| Fwd PE | 14.1 |
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 95.85% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ABX is valued cheaper than 94.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.87 | ||
| EV/EBITDA | 8.18 |
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.
The excellent profitability rating of ABX may justify a higher PE ratio.
A more expensive valuation may be justified as ABX's earnings are expected to grow with 31.44% in the coming years.
PEG (NY)0.31
PEG (5Y)1.12
EPS Next 2Y50.42%
EPS Next 3Y31.44%
5. Dividend
5.1 Amount
ABX has a yearly dividend return of 0.94%, which is pretty low.
Compared to an average industry Dividend Yield of 11.98, ABX pays a better dividend. On top of this ABX pays more dividend than 96.86% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, ABX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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.
The dividend of ABX decreased recently.
Dividend Growth(5Y)1.44%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
21.43% of the earnings are spent on dividend by ABX. This is a low number and sustainable payout ratio.
The dividend of ABX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP21.43%
EPS Next 2Y50.42%
EPS Next 3Y31.44%
TSX:ABX (12/3/2025, 7:00:00 PM)
56.51
-0.91 (-1.58%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners62.88%
Inst Owner ChangeN/A
Ins Owners0.76%
Ins Owner ChangeN/A
Market Cap95.36B
Revenue(TTM)14.60B
Net Income(TTM)3.58B
Analysts82.35
Price Target61.24 (8.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
Yearly Dividend0.56
Dividend Growth(5Y)1.44%
DP21.43%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.14%
Min EPS beat(2)-0.07%
Max EPS beat(2)2.36%
EPS beat(4)3
Avg EPS beat(4)8.98%
Min EPS beat(4)-0.07%
Max EPS beat(4)22.67%
EPS beat(8)6
Avg EPS beat(8)12.29%
EPS beat(12)10
Avg EPS beat(12)14.11%
EPS beat(16)14
Avg EPS beat(16)13.2%
Revenue beat(2)1
Avg Revenue beat(2)2.05%
Min Revenue beat(2)-1.29%
Max Revenue beat(2)5.38%
Revenue beat(4)2
Avg Revenue beat(4)-0.85%
Min Revenue beat(4)-11.66%
Max Revenue beat(4)5.38%
Revenue beat(8)2
Avg Revenue beat(8)-1.85%
Revenue beat(12)4
Avg Revenue beat(12)-0.97%
Revenue beat(16)8
Avg Revenue beat(16)-0.05%
PT rev (1m)24.31%
PT rev (3m)50.92%
EPS NQ rev (1m)36.16%
EPS NQ rev (3m)38.64%
EPS NY rev (1m)5.38%
EPS NY rev (3m)5.36%
Revenue NQ rev (1m)20.26%
Revenue NQ rev (3m)28.18%
Revenue NY rev (1m)1.73%
Revenue NY rev (3m)1.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.82 | ||
| Fwd PE | 14.1 | ||
| P/S | 4.68 | ||
| P/FCF | 24.87 | ||
| P/OCF | 10.76 | ||
| P/B | 2.72 | ||
| P/tB | 3.11 | ||
| EV/EBITDA | 8.18 |
EPS(TTM)2.59
EY4.58%
EPS(NY)4.01
Fwd EY7.09%
FCF(TTM)2.27
FCFY4.02%
OCF(TTM)5.25
OCFY9.29%
SpS12.07
BVpS20.78
TBVpS18.15
PEG (NY)0.31
PEG (5Y)1.12
Graham Number34.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.41% | ||
| ROE | 14.25% | ||
| ROCE | 14.42% | ||
| ROIC | 9.83% | ||
| ROICexc | 11.06% | ||
| ROICexgc | 12.01% | ||
| OM | 44.74% | ||
| PM (TTM) | 24.53% | ||
| GM | 48.32% | ||
| FCFM | 18.83% |
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 Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.71 | ||
| Debt/EBITDA | 0.56 | ||
| Cap/Depr | 201.28% | ||
| Cap/Sales | 24.69% | ||
| Interest Coverage | 21.56 | ||
| Cash Conversion | 76.34% | ||
| Profit Quality | 76.75% | ||
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.33 | ||
| Altman-Z | 2.57 |
F-Score9
WACC8.84%
ROIC/WACC1.11
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)72.22%
EPS 3Y2.77%
EPS 5Y19.55%
EPS Q2Q%93.33%
EPS Next Y71.05%
EPS Next 2Y50.42%
EPS Next 3Y31.44%
EPS Next 5Y20.99%
Revenue 1Y (TTM)18.39%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%23.16%
Revenue Next Year20.11%
Revenue Next 2Y18.65%
Revenue Next 3Y13.85%
Revenue Next 5Y8.02%
EBIT growth 1Y86.74%
EBIT growth 3Y-0.26%
EBIT growth 5Y13.86%
EBIT Next Year101.92%
EBIT Next 3Y35.9%
EBIT Next 5Y24.44%
FCF growth 1Y564.25%
FCF growth 3Y-12.16%
FCF growth 5Y3.07%
OCF growth 1Y80.03%
OCF growth 3Y0.85%
OCF growth 5Y9.65%
BARRICK MINING CORP / ABX.CA FAQ
Can you provide the ChartMill fundamental rating for BARRICK MINING CORP?
ChartMill assigns a fundamental rating of 7 / 10 to ABX.CA.
What is the valuation status of BARRICK MINING CORP (ABX.CA) stock?
ChartMill assigns a valuation rating of 8 / 10 to BARRICK MINING CORP (ABX.CA). This can be considered as Undervalued.
How profitable is BARRICK MINING CORP (ABX.CA) stock?
BARRICK MINING CORP (ABX.CA) has a profitability rating of 8 / 10.
What is the valuation of BARRICK MINING CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BARRICK MINING CORP (ABX.CA) is 21.82 and the Price/Book (PB) ratio is 2.72.
Is the dividend of BARRICK MINING CORP sustainable?
The dividend rating of BARRICK MINING CORP (ABX.CA) is 5 / 10 and the dividend payout ratio is 21.43%.