BARRICK MINING CORP (ABX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:ABX - CA06849F1080 - Common Stock
63 CAD
+2.48 (+4.1%)
Taking everything into account, ABX scores 8 out of 10 in our fundamental rating. ABX was compared to 812 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. With these ratings, ABX could be worth investigating further for value and growth and quality 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.
Each year in the past 5 years ABX had a positive operating cash flow.
1.2 Ratios
ABX has a Return On Assets of 7.41%. This is amongst the best in the industry. ABX outperforms 91.13% of its industry peers.
ABX's Return On Equity of 14.25% is amongst the best of the industry. ABX outperforms 92.49% of its industry peers.
ABX has a better Return On Invested Capital (9.83%) than 93.72% of its industry peers.
ABX had an Average Return On Invested Capital over the past 3 years of 5.32%. This is significantly below the industry average of 12.91%.
The last Return On Invested Capital (9.83%) for ABX is above the 3 year average (5.32%), which is a sign of increasing profitability.
| 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
ABX has a Profit Margin of 24.53%. This is amongst the best in the industry. ABX outperforms 95.07% of its industry peers.
ABX's Profit Margin has declined in the last couple of years.
The Operating Margin of ABX (44.74%) is better than 98.15% of its industry peers.
In the last couple of years the Operating Margin of ABX has grown nicely.
The Gross Margin of ABX (48.32%) is better than 95.44% 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
ABX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, ABX has less shares outstanding
Compared to 5 years ago, ABX has less shares outstanding
ABX has a better debt/assets ratio than last year.
2.2 Solvency
ABX has an Altman-Z score of 2.81. 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's Altman-Z score of 2.81 is in line compared to the rest of the industry. ABX outperforms 49.51% of its industry peers.
The Debt to FCF ratio of ABX is 1.71, which is an excellent value as it means it would take ABX, only 1.71 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ABX (1.71) is better than 92.61% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that ABX is not too dependend on debt financing.
ABX's Debt to Equity ratio of 0.18 is on the low side compared to the rest of the industry. ABX is outperformed by 65.89% 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 | 2.81 |
ROIC/WACC1.06
WACC9.26%
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 of 2.94. This is in the better half of the industry: ABX outperforms 62.19% of its industry peers.
A Quick Ratio of 2.33 indicates that ABX has no problem at all paying its short term obligations.
ABX has a Quick ratio (2.33) which is comparable to the rest of the industry.
| 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.
The Revenue has grown by 18.39% in the past year. This is quite good.
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
Based on estimates for the next years, ABX will show a very strong growth in Earnings Per Share. The EPS will grow by 20.99% on average per year.
The Revenue is expected to grow by 8.02% on average over the next years. This is quite good.
EPS Next Y79.89%
EPS Next 2Y62.59%
EPS Next 3Y44.19%
EPS Next 5Y20.99%
Revenue Next Year21.51%
Revenue Next 2Y23.75%
Revenue Next 3Y18.11%
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 24.71, the valuation of ABX can be described as rather expensive.
Based on the Price/Earnings ratio, ABX is valued cheaply inside the industry as 91.38% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.17, ABX is valued at the same level.
Based on the Price/Forward Earnings ratio of 13.71, the valuation of ABX can be described as correct.
92.24% of the companies in the same industry are more expensive than ABX, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ABX to the average of the S&P500 Index (23.79), we can say ABX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.71 | ||
| Fwd PE | 13.71 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ABX is valued cheaply inside the industry as 95.81% of the companies are valued more expensively.
94.70% of the companies in the same industry are more expensive than ABX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.23 | ||
| EV/EBITDA | 9.29 |
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.
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 44.19% in the coming years.
PEG (NY)0.31
PEG (5Y)1.26
EPS Next 2Y62.59%
EPS Next 3Y44.19%
5. Dividend
5.1 Amount
With a yearly dividend of 0.91%, ABX is not a good candidate for dividend investing.
ABX's Dividend Yield is rather good when compared to the industry average which is at 0.66. ABX pays more dividend than 96.67% of the companies in the same industry.
With a Dividend Yield of 0.91, ABX pays less dividend than the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.91% |
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.
ABX has decreased its dividend 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.
ABX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP21.43%
EPS Next 2Y62.59%
EPS Next 3Y44.19%
TSX:ABX (1/5/2026, 7:00:00 PM)
63
+2.48 (+4.1%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners65.73%
Inst Owner ChangeN/A
Ins Owners0.75%
Ins Owner ChangeN/A
Market Cap106.31B
Revenue(TTM)14.60B
Net Income(TTM)3.58B
Analysts83.53
Price Target68.34 (8.48%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.91% |
Yearly Dividend0.55
Dividend Growth(5Y)1.44%
DP21.43%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
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)13.25%
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)0.03%
PT rev (1m)11.59%
PT rev (3m)38.72%
EPS NQ rev (1m)6.64%
EPS NQ rev (3m)40.6%
EPS NY rev (1m)1.28%
EPS NY rev (3m)10.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)20.26%
Revenue NY rev (1m)0.5%
Revenue NY rev (3m)2.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.71 | ||
| Fwd PE | 13.71 | ||
| P/S | 5.32 | ||
| P/FCF | 28.23 | ||
| P/OCF | 12.22 | ||
| P/B | 3.09 | ||
| P/tB | 3.53 | ||
| EV/EBITDA | 9.29 |
EPS(TTM)2.55
EY4.05%
EPS(NY)4.6
Fwd EY7.3%
FCF(TTM)2.23
FCFY3.54%
OCF(TTM)5.16
OCFY8.18%
SpS11.85
BVpS20.41
TBVpS17.83
PEG (NY)0.31
PEG (5Y)1.26
Graham Number34.22
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 | 2.81 |
F-Score9
WACC9.26%
ROIC/WACC1.06
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 Y79.89%
EPS Next 2Y62.59%
EPS Next 3Y44.19%
EPS Next 5Y20.99%
Revenue 1Y (TTM)18.39%
Revenue growth 3Y2.54%
Revenue growth 5Y5.87%
Sales Q2Q%23.16%
Revenue Next Year21.51%
Revenue Next 2Y23.75%
Revenue Next 3Y18.11%
Revenue Next 5Y8.02%
EBIT growth 1Y86.74%
EBIT growth 3Y-0.26%
EBIT growth 5Y13.86%
EBIT Next Year110.42%
EBIT Next 3Y50.19%
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 8 / 10 to ABX.CA.
What is the valuation status for ABX 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 financial health of BARRICK MINING CORP (ABX.CA) stock?
The financial health rating of BARRICK MINING CORP (ABX.CA) is 8 / 10.
What is the earnings growth outlook for BARRICK MINING CORP?
The Earnings per Share (EPS) of BARRICK MINING CORP (ABX.CA) is expected to grow by 79.89% in the next year.