Barrick Gold Corp Stock Fundamentals
| ABX Stock | CAD 22.54 1.22 5.13% |
Barrick Gold Corp fundamentals help investors to digest information that contributes to Barrick Gold's financial success or failures. It also enables traders to predict the movement of Barrick Stock. The fundamental analysis module provides a way to measure Barrick Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Barrick Gold stock.
At this time, Barrick Gold's Total Operating Expenses is very stable compared to the past year. As of the 4th of June 2024, Income Before Tax is likely to grow to about 3 B, while Total Revenue is likely to drop about 5.7 B. Barrick | Select Account or Indicator |
Barrick Gold Corp Company Current Valuation Analysis
Barrick Gold's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Barrick Gold Current Valuation | 49.11 B |
Most of Barrick Gold's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Barrick Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Barrick Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Barrick Gold is extremely important. It helps to project a fair market value of Barrick Stock properly, considering its historical fundamentals such as Current Valuation. Since Barrick Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Barrick Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Barrick Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Barrick Gold Corp has a Current Valuation of 49.11 B. This is 330.43% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current valuation for all Canada stocks is 195.41% lower than that of the firm.
Barrick Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Barrick Gold's current stock value. Our valuation model uses many indicators to compare Barrick Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Barrick Gold competition to find correlations between indicators driving Barrick Gold's intrinsic value. More Info.Barrick Gold Corp is rated third in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about 0.52 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Barrick Gold Corp is roughly 1.91 . At this time, Barrick Gold's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Barrick Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Barrick Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Barrick Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Barrick Gold's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Barrick Gold could also be used in its relative valuation, which is a method of valuing Barrick Gold by comparing valuation metrics of similar companies.Barrick Gold is currently under evaluation in current valuation category among its peers.
Barrick Gold ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Barrick Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Barrick Gold's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Barrick Fundamentals
| Return On Equity | 0.0683 | ||||
| Return On Asset | 0.0358 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 49.11 B | ||||
| Shares Outstanding | 1.76 B | ||||
| Shares Owned By Insiders | 0.60 % | ||||
| Shares Owned By Institutions | 60.64 % | ||||
| Number Of Shares Shorted | 14.23 M | ||||
| Price To Earning | 13.40 X | ||||
| Price To Book | 1.35 X | ||||
| Price To Sales | 3.79 X | ||||
| Revenue | 11.4 B | ||||
| Gross Profit | 3.47 B | ||||
| EBITDA | 4.99 B | ||||
| Net Income | 1.27 B | ||||
| Cash And Equivalents | 3 M | ||||
| Cash Per Share | 3.27 X | ||||
| Total Debt | 32 M | ||||
| Debt To Equity | 0.16 % | ||||
| Current Ratio | 3.95 X | ||||
| Book Value Per Share | 13.36 X | ||||
| Cash Flow From Operations | 3.53 B | ||||
| Short Ratio | 3.54 X | ||||
| Earnings Per Share | 1.12 X | ||||
| Price To Earnings To Growth | 2.23 X | ||||
| Target Price | 30.79 | ||||
| Beta | 0.46 | ||||
| Market Capitalization | 41.71 B | ||||
| Total Asset | 45.81 B | ||||
| Retained Earnings | (6.71 B) | ||||
| Working Capital | 5.08 B | ||||
| Current Asset | 5.47 B | ||||
| Current Liabilities | 1.85 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.34 % | ||||
| Net Asset | 45.81 B | ||||
| Last Dividend Paid | 0.4 |
About Barrick Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Barrick Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Barrick Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Barrick Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 62.1 M | 75.6 M | |
| Total Revenue | 11.4 B | 5.7 B | |
| Cost Of Revenue | 7.9 B | 4.1 B | |
| Stock Based Compensation To Revenue | 0.01 | 0 | |
| Sales General And Administrative To Revenue | 0.01 | 0.01 | |
| Research And Ddevelopement To Revenue | 0.0009 | 0.0008 | |
| Capex To Revenue | (0.27) | (0.28) | |
| Revenue Per Share | 6.49 | 4.06 | |
| Ebit Per Revenue | 0.29 | 0.23 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Barrick Stock
When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.