B2Gold Corp. (BTO) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Barrick Gold Corp.

Lundin Gold, Inc.

B2Gold Corp.

Pan American Silver Corp.

Wheaton Precious Metals Corp.

SSR Mining, Inc.

Agnico Eagle Mines Ltd.

Alamos Gold, Inc.

Franco-Nevada Corp.

Kinross Gold Corp.

Endeavour Mining Plc

Why is B2Gold Corp. ?

Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 45.12

With a growth in Net Profit of 231.92%, the company declared Outstanding results in Mar 26

The company has declared positive results for the last 4 consecutive quarters
OPERATING CASH FLOW(Y) Highest at CAD 1,702.48 MM
ROCE(HY) Highest at 15.64%
NET SALES(Q) Highest at CAD 1,589.34 MM

With ROE of 16.26%, it has a fair valuation with a 1.44 Price to Book Value

The stock is trading at a fair value compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 10.60%, its profits have risen by 115.2% ; the PEG ratio of the company is 0.1

High Institutional Holdings at 64.05%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to B2Gold Corp. should be less than 10%
Overall Portfolio exposure to Gems, Jewellery And Watches should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gems, Jewellery And Watches)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is B2Gold Corp. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

B2Gold Corp.

34.67%

1.11

57.10%

S&P/TSX 60

29.63%

2.33

12.07%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

16.78%

EBIT Growth (5y)

16.60%

EBIT to Interest (avg)

40.09

Debt to EBITDA (avg)

Net Debt is too low

Net Debt to Equity (avg)

0.01

Sales to Capital Employed (avg)

0.60

Tax Ratio

57.78%

Dividend Payout Ratio

26.36%

Pledged Shares

Institutional Holding

64.05%

ROCE (avg)

28.48%

ROE (avg)

13.30%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.44

EV to EBIT

3.00

EV to EBITDA

2.33

EV to Capital Employed

1.45

EV to Sales

1.45

PEG Ratio

0.08

Dividend Yield

ROCE (Latest)

48.14%

ROE (Latest)

16.26%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

25What is working for the Company

NET SALES(HY)

At CAD 2,682.11 MM has Grown at 55.75%

ROCE(HY)

Highest at 22.11%

DEBTORS TURNOVER RATIO(HY)

Highest at 54.34 times

PRE-TAX PROFIT(Q)

Highest at CAD 691.58 MM

NET PROFIT(Q)

Highest at CAD 460.16 MM

EPS(Q)

Highest at CAD 0.4

-13What is not working for the Company

INTEREST(HY)

At CAD 46.54 MM has Grown at 211.64%

INTEREST COVERAGE RATIO(Q)

Lowest at 2,609.88

RAW MATERIAL COST(Y)

Grown by 23.53% (YoY

OPERATING PROFIT(Q)

Lowest at CAD 555.95 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 50.87 %

Here's what is working for B2Gold Corp.

Net Sales

At CAD 2,682.11 MM has Grown at 55.75%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (CAD MM)

Pre-Tax Profit

Highest at CAD 691.58 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CAD MM)

Pre-Tax Profit

At CAD 691.58 MM has Grown at 61.77%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CAD MM)

Net Profit

Highest at CAD 460.16 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CAD MM)

Net Profit

At CAD 460.16 MM has Grown at 99.4%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CAD MM)

EPS

Highest at CAD 0.4

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (CAD)

Debtors Turnover Ratio

Highest at 54.34 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Here's what is not working for B2Gold Corp.

Interest

At CAD 46.54 MM has Grown at 211.64%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CAD MM)

Interest Coverage Ratio

Lowest at 2,609.88

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Profit

Lowest at CAD 555.95 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CAD MM)

Operating Profit Margin

Lowest at 50.87 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Raw Material Cost

Grown by 23.53% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales