4.42 USD
-0.11 (-2.43%)
4.42 USD
0 (0%)
BTG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 157 industry peers in the Metals & Mining industry. While BTG belongs to the best of the industry regarding profitability, there are concerns on its financial health. An interesting combination arises when we look at growth and value: BTG is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
In the past year BTG was profitable.
BTG had a positive operating cash flow in the past year.
BTG had positive earnings in 4 of the past 5 years.
In the past 5 years BTG always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 3.85%, BTG is doing good in the industry, outperforming 71.97% of the companies in the same industry.
BTG has a Return On Equity of 6.60%. This is in the better half of the industry: BTG outperforms 68.79% of its industry peers.
BTG has a Return On Invested Capital of 17.36%. This is amongst the best in the industry. BTG outperforms 91.72% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BTG is in line with the industry average of 10.33%.
The 3 year average ROIC (11.55%) for BTG is below the current ROIC(17.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 6.6% | ||
| ROIC | 17.36% |
ROA(3y)-2%
ROA(5y)4.89%
ROE(3y)-4.15%
ROE(5y)5.33%
ROIC(3y)11.55%
ROIC(5y)14.74%
1.3 Margins
With a decent Profit Margin value of 8.75%, BTG is doing good in the industry, outperforming 74.52% of the companies in the same industry.
BTG has a better Operating Margin (40.82%) than 91.08% of its industry peers.
In the last couple of years the Operating Margin of BTG has remained more or less at the same level.
BTG has a better Gross Margin (46.01%) than 81.53% of its industry peers.
BTG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.82% | ||
| PM (TTM) | 8.75% | ||
| GM | 46.01% |
OM growth 3Y-7.12%
OM growth 5Y-0.62%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.22%
GM growth 5Y-0.97%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BTG is creating value.
The number of shares outstanding for BTG has been increased compared to 1 year ago.
BTG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BTG has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.45 indicates that BTG is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.45, BTG is not doing good in the industry: 63.06% of the companies in the same industry are doing better.
BTG has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
BTG has a Debt to Equity ratio of 0.18. This is comparable to the rest of the industry: BTG outperforms 52.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.45 |
ROIC/WACC1.88
WACC9.26%
2.3 Liquidity
A Current Ratio of 1.03 indicates that BTG should not have too much problems paying its short term obligations.
BTG has a Current ratio of 1.03. This is amonst the worse of the industry: BTG underperforms 81.53% of its industry peers.
A Quick Ratio of 0.46 indicates that BTG may have some problems paying its short term obligations.
The Quick ratio of BTG (0.46) is worse than 91.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 71.43% over the past year.
The Earnings Per Share has been decreasing by -9.71% on average over the past years.
The Revenue has grown by 30.97% in the past year. This is a very strong growth!
The Revenue has been growing by 10.48% on average over the past years. This is quite good.
EPS 1Y (TTM)71.43%
EPS 3Y-25.99%
EPS 5Y-9.71%
EPS Q2Q%600%
Revenue 1Y (TTM)30.97%
Revenue growth 3Y2.58%
Revenue growth 5Y10.48%
Sales Q2Q%74.68%
3.2 Future
BTG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 47.30% yearly.
The Revenue is expected to grow by 17.03% on average over the next years. This is quite good.
EPS Next Y256.87%
EPS Next 2Y126.51%
EPS Next 3Y95.52%
EPS Next 5Y47.3%
Revenue Next Year65.82%
Revenue Next 2Y42.68%
Revenue Next 3Y33.06%
Revenue Next 5Y17.03%
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 accelerating.
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
With a Price/Earnings ratio of 12.28, BTG is valued correctly.
Based on the Price/Earnings ratio, BTG is valued cheaply inside the industry as 98.09% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.92, BTG is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.74, the valuation of BTG can be described as very cheap.
BTG's Price/Forward Earnings ratio is rather cheap when compared to the industry. BTG is cheaper than 98.09% of the companies in the same industry.
BTG is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.28 | ||
| Fwd PE | 5.74 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BTG is valued cheaply inside the industry as 98.09% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.36 |
4.3 Compensation for Growth
BTG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BTG has a very decent profitability rating, which may justify a higher PE ratio.
BTG's earnings are expected to grow with 95.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y126.51%
EPS Next 3Y95.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.52%, BTG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.99, BTG pays a better dividend. On top of this BTG pays more dividend than 94.90% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, BTG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
5.2 History
The dividend of BTG is nicely growing with an annual growth rate of 69.07%!
BTG has been paying a dividend for over 5 years, so it has already some track record.
As BTG did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)69.07%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
56.73% of the earnings are spent on dividend by BTG. This is a bit on the high side, but may be sustainable.
BTG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP56.73%
EPS Next 2Y126.51%
EPS Next 3Y95.52%
4.42
-0.11 (-2.43%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners63.39%
Inst Owner Change0%
Ins Owners0.58%
Ins Owner ChangeN/A
Market Cap5.91B
Revenue(TTM)2.51B
Net Income(TTM)219.32M
Analysts71.25
Price Target5.98 (35.29%)
Short Float %3.93%
Short Ratio1.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
Yearly Dividend0.14
Dividend Growth(5Y)69.07%
DP56.73%
Div Incr Years0
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.26%
Min EPS beat(2)-11.53%
Max EPS beat(2)-0.99%
EPS beat(4)1
Avg EPS beat(4)-24.29%
Min EPS beat(4)-86.5%
Max EPS beat(4)1.84%
EPS beat(8)2
Avg EPS beat(8)-22.01%
EPS beat(12)4
Avg EPS beat(12)-14.1%
EPS beat(16)5
Avg EPS beat(16)-14.09%
Revenue beat(2)0
Avg Revenue beat(2)-4.79%
Min Revenue beat(2)-6.76%
Max Revenue beat(2)-2.83%
Revenue beat(4)0
Avg Revenue beat(4)-4.94%
Min Revenue beat(4)-9.16%
Max Revenue beat(4)-1.03%
Revenue beat(8)3
Avg Revenue beat(8)-1.22%
Revenue beat(12)5
Avg Revenue beat(12)-0.51%
Revenue beat(16)7
Avg Revenue beat(16)-0.79%
PT rev (1m)1.24%
PT rev (3m)21.09%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.8%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)15.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.28 | ||
| Fwd PE | 5.74 | ||
| P/S | 2.36 | ||
| P/FCF | N/A | ||
| P/OCF | 8.13 | ||
| P/B | 1.78 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 4.36 |
EPS(TTM)0.36
EY8.14%
EPS(NY)0.77
Fwd EY17.41%
FCF(TTM)-0.15
FCFYN/A
OCF(TTM)0.54
OCFY12.3%
SpS1.88
BVpS2.49
TBVpS2.49
PEG (NY)0.05
PEG (5Y)N/A
Graham Number4.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 6.6% | ||
| ROCE | 21.98% | ||
| ROIC | 17.36% | ||
| ROICexc | 18.89% | ||
| ROICexgc | 18.89% | ||
| OM | 40.82% | ||
| PM (TTM) | 8.75% | ||
| GM | 46.01% | ||
| FCFM | N/A |
ROA(3y)-2%
ROA(5y)4.89%
ROE(3y)-4.15%
ROE(5y)5.33%
ROIC(3y)11.55%
ROIC(5y)14.74%
ROICexc(3y)13.08%
ROICexc(5y)17.32%
ROICexgc(3y)13.08%
ROICexgc(5y)17.32%
ROCE(3y)14.62%
ROCE(5y)18.66%
ROICexgc growth 3Y-16.06%
ROICexgc growth 5Y-0.47%
ROICexc growth 3Y-16.06%
ROICexc growth 5Y-0.47%
OM growth 3Y-7.12%
OM growth 5Y-0.62%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.22%
GM growth 5Y-0.97%
F-Score6
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.43 | ||
| Cap/Depr | 239.32% | ||
| Cap/Sales | 37.22% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 51.39% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | 2.45 |
F-Score6
WACC9.26%
ROIC/WACC1.88
Cap/Depr(3y)185.06%
Cap/Depr(5y)150.39%
Cap/Sales(3y)37.73%
Cap/Sales(5y)30.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)71.43%
EPS 3Y-25.99%
EPS 5Y-9.71%
EPS Q2Q%600%
EPS Next Y256.87%
EPS Next 2Y126.51%
EPS Next 3Y95.52%
EPS Next 5Y47.3%
Revenue 1Y (TTM)30.97%
Revenue growth 3Y2.58%
Revenue growth 5Y10.48%
Sales Q2Q%74.68%
Revenue Next Year65.82%
Revenue Next 2Y42.68%
Revenue Next 3Y33.06%
Revenue Next 5Y17.03%
EBIT growth 1Y64.97%
EBIT growth 3Y-4.73%
EBIT growth 5Y9.8%
EBIT Next Year718.35%
EBIT Next 3Y133.61%
EBIT Next 5Y63.41%
FCF growth 1Y-267.06%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-6.83%
OCF growth 3Y6.62%
OCF growth 5Y12.27%
B2GOLD CORP / BTG FAQ
What is the ChartMill fundamental rating of B2GOLD CORP (BTG) stock?
ChartMill assigns a fundamental rating of 6 / 10 to BTG.
What is the valuation status for BTG stock?
ChartMill assigns a valuation rating of 8 / 10 to B2GOLD CORP (BTG). This can be considered as Undervalued.
How profitable is B2GOLD CORP (BTG) stock?
B2GOLD CORP (BTG) has a profitability rating of 7 / 10.
What is the financial health of B2GOLD CORP (BTG) stock?
The financial health rating of B2GOLD CORP (BTG) is 2 / 10.
How sustainable is the dividend of B2GOLD CORP (BTG) stock?
The dividend rating of B2GOLD CORP (BTG) is 6 / 10 and the dividend payout ratio is 56.73%.