BARRICK MINING CORP (ABX.CA) Stock Fundamental Analysis
TSX:ABX - Toronto Stock Exchange - CA06849F1080 - Common Stock - Currency: CAD
ABX gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 797 industry peers in the Metals & Mining industry. ABX has an excellent profitability rating, but there are some minor concerns on its financial health. ABX may be a bit undervalued, certainly considering the very reasonable score on growth 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.
In the past 5 years ABX has always been profitable.
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 4.83%, ABX belongs to the top of the industry, outperforming 89.46% of the companies in the same industry.
ABX has a Return On Equity of 9.50%. This is amongst the best in the industry. ABX outperforms 91.72% of its industry peers.
The Return On Invested Capital of ABX (7.34%) is better than 93.10% 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 12.25%.
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 94.35% 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 96.11% of its industry peers.
In the last couple of years the Operating Margin of ABX has grown nicely.
Looking at the Gross Margin, with a value of 41.30%, ABX belongs to the top of the industry, outperforming 93.85% 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.
ABX has less shares outstanding than it did 1 year ago.
ABX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ABX has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.54, we must say that ABX is in the distress zone and has some risk of bankruptcy.
ABX has a Altman-Z score (1.54) which is comparable to the rest of the industry.
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.
With an excellent Debt to FCF ratio value of 2.85, ABX belongs to the best of the industry, outperforming 92.47% of the companies in the same industry.
A Debt/Equity ratio of 0.19 indicates that ABX is not too dependend on debt financing.
ABX has a Debt to Equity ratio of 0.19. This is in the lower half of the industry: ABX underperforms 66.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.85 | ||
| Altman-Z | 1.54 |
ROIC/WACC0.85
WACC8.67%
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.
The Current ratio of ABX (2.87) is better than 62.86% of its industry peers.
A Quick Ratio of 2.16 indicates that ABX has no problem at all paying its short term obligations.
ABX has a Quick ratio (2.16) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 60.67% 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.
The Revenue has grown by 15.69% in the past year. This is quite good.
The Revenue has been growing slightly by 5.87% on average over the past years.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.14, ABX is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of ABX indicates a rather cheap valuation: ABX is cheaper than 92.22% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ABX to the average of the S&P500 Index (27.29), we can say ABX is valued slightly cheaper.
ABX is valuated reasonably with a Price/Forward Earnings ratio of 11.55.
90.72% of the companies in the same industry are more expensive than ABX, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.74, ABX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.14 | ||
| Fwd PE | 11.55 |
4.2 Price Multiples
ABX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ABX is cheaper than 95.73% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ABX is valued cheaper than 93.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.49 | ||
| EV/EBITDA | 5.64 |
4.3 Compensation for Growth
The 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 14.50% in the coming years.
PEG (NY)0.55
PEG (5Y)0.77
EPS Next 2Y21.39%
EPS Next 3Y14.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.86%, ABX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 13.23, ABX pays a better dividend. On top of this ABX pays more dividend than 97.49% of the companies listed in the same industry.
ABX's Dividend Yield is slightly below the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.86% |
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 29.83% 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.
DP29.83%
EPS Next 2Y21.39%
EPS Next 3Y14.5%
TSX:ABX (7/7/2025, 7:00:00 PM)
29.52
+0.34 (+1.17%)
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 Cap50.98B
Analysts78.75
Price Target37.82 (28.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.86% |
Yearly Dividend0.54
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)1.39%
PT rev (3m)54.18%
EPS NQ rev (1m)0.85%
EPS NQ rev (3m)29.44%
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 | 15.14 | ||
| Fwd PE | 11.55 | ||
| P/S | 2.81 | ||
| P/FCF | 22.49 | ||
| P/OCF | 7.55 | ||
| P/B | 1.53 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 5.64 |
EPS(TTM)1.95
EY6.61%
EPS(NY)2.56
Fwd EY8.66%
FCF(TTM)1.31
FCFY4.45%
OCF(TTM)3.91
OCFY13.24%
SpS10.52
BVpS19.33
TBVpS16.77
PEG (NY)0.55
PEG (5Y)0.77
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 | 1.54 |
F-Score7
WACC8.67%
ROIC/WACC0.85
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%