BARRICK MINING CORP (ABX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:ABX - CA06849F1080 - Common Stock
56.79 CAD
-0.32 (-0.56%)
Overall ABX gets a fundamental rating of 7 out of 10. We evaluated ABX against 803 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. This makes ABX very considerable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year ABX was profitable.
ABX had a positive operating cash flow in the past year.
In the past 5 years ABX has always been profitable.
Each year in the past 5 years ABX had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 7.41%, ABX belongs to the best of the industry, outperforming 90.16% of the companies in the same industry.
ABX has a Return On Equity of 14.25%. This is amongst the best in the industry. ABX outperforms 92.03% of its industry peers.
With an excellent Return On Invested Capital value of 9.83%, ABX belongs to the best of the industry, outperforming 94.02% of the companies in the same industry.
ABX had an Average Return On Invested Capital over the past 3 years of 5.32%. This is significantly below the industry average of 12.71%.
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
The Profit Margin of ABX (24.53%) is better than 95.27% of its industry peers.
In the last couple of years the Profit Margin of ABX has declined.
ABX has a Operating Margin of 44.74%. This is amongst the best in the industry. ABX outperforms 98.26% of its industry peers.
ABX's Operating Margin has improved in the last couple of years.
ABX's Gross Margin of 48.32% is amongst the best of the industry. ABX outperforms 95.14% of its industry peers.
In the last couple of years the Gross Margin of ABX has grown nicely.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ABX is still creating some 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 2.58. 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 of 2.58. This is comparable to the rest of the industry: ABX outperforms 49.07% of its industry peers.
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.
With an excellent Debt to FCF ratio value of 1.71, ABX belongs to the best of the industry, outperforming 92.15% of the companies in the same industry.
ABX has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.18, ABX is not doing good in the industry: 67.75% of the companies in the same industry are doing better.
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 | 2.58 |
ROIC/WACC1.05
WACC9.34%
2.3 Liquidity
A Current Ratio of 2.94 indicates that ABX has no problem at all paying its short term obligations.
ABX has a Current ratio (2.94) which is comparable to the rest of the 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
ABX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 72.22%, which is quite impressive.
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.
ABX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.39%.
The Revenue has been growing slightly by 5.87% on average over the past years.
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.
Based on estimates for the next years, ABX will show a quite strong growth in Revenue. The Revenue will grow by 8.02% on average per year.
EPS Next Y77.61%
EPS Next 2Y60.24%
EPS Next 3Y42.13%
EPS Next 5Y20.99%
Revenue Next Year20.91%
Revenue Next 2Y22.81%
Revenue Next 3Y17.61%
Revenue Next 5Y8.02%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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 21.93, the valuation of ABX can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of ABX indicates a rather cheap valuation: ABX is cheaper than 91.03% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.34, ABX is valued at the same level.
ABX is valuated correctly with a Price/Forward Earnings ratio of 12.50.
Based on the Price/Forward Earnings ratio, ABX is valued cheaply inside the industry as 91.91% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ABX to the average of the S&P500 Index (23.56), we can say ABX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.93 | ||
| Fwd PE | 12.5 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ABX is valued cheaper than 95.52% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ABX is valued cheaply inside the industry as 93.90% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25 | ||
| EV/EBITDA | 8.22 |
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.
ABX's earnings are expected to grow with 42.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.28
PEG (5Y)1.12
EPS Next 2Y60.24%
EPS Next 3Y42.13%
5. Dividend
5.1 Amount
ABX has a yearly dividend return of 0.95%, which is pretty low.
ABX's Dividend Yield is rather good when compared to the industry average which is at 10.79. ABX pays more dividend than 97.01% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, ABX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
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
ABX pays out 21.43% 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.
DP21.43%
EPS Next 2Y60.24%
EPS Next 3Y42.13%
TSX:ABX (12/5/2025, 7:00:00 PM)
56.79
-0.32 (-0.56%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners65.72%
Inst Owner ChangeN/A
Ins Owners0.74%
Ins Owner ChangeN/A
Market Cap95.83B
Revenue(TTM)14.60B
Net Income(TTM)3.58B
Analysts83.53
Price Target65.03 (14.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
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)14.44%
PT rev (3m)60.25%
EPS NQ rev (1m)32.15%
EPS NQ rev (3m)34.55%
EPS NY rev (1m)3.83%
EPS NY rev (3m)9.4%
Revenue NQ rev (1m)20.26%
Revenue NQ rev (3m)28.18%
Revenue NY rev (1m)0.66%
Revenue NY rev (3m)2.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.93 | ||
| Fwd PE | 12.5 | ||
| P/S | 4.71 | ||
| P/FCF | 25 | ||
| P/OCF | 10.82 | ||
| P/B | 2.73 | ||
| P/tB | 3.13 | ||
| EV/EBITDA | 8.22 |
EPS(TTM)2.59
EY4.56%
EPS(NY)4.54
Fwd EY8%
FCF(TTM)2.27
FCFY4%
OCF(TTM)5.25
OCFY9.24%
SpS12.06
BVpS20.77
TBVpS18.14
PEG (NY)0.28
PEG (5Y)1.12
Graham Number34.79
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 | 2.58 |
F-Score9
WACC9.34%
ROIC/WACC1.05
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 Y77.61%
EPS Next 2Y60.24%
EPS Next 3Y42.13%
EPS Next 5Y20.99%
Revenue 1Y (TTM)18.39%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%23.16%
Revenue Next Year20.91%
Revenue Next 2Y22.81%
Revenue Next 3Y17.61%
Revenue Next 5Y8.02%
EBIT growth 1Y86.74%
EBIT growth 3Y-0.26%
EBIT growth 5Y13.86%
EBIT Next Year111.99%
EBIT Next 3Y49.26%
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 21.93 and the Price/Book (PB) ratio is 2.73.
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%.