ScoreWhy is B2Gold Corp. ?
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 45.12
2
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
3
With ROE of 16.26%, it has a fair valuation with a 1.54 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 20.32%, its profits have risen by 115.2% ; the PEG ratio of the company is 0.1
4
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 ReportHow 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.
20.32%
1.32
54.50%
S&P/TSX 60
29.6%
2.31
12.81%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
16.78%
EBIT Growth (5y)
16.60%
EBIT to Interest (avg)
45.12
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
100.00%
Dividend Payout Ratio
26.36%
Pledged Shares
0
Institutional Holding
64.05%
ROCE (avg)
27.32%
ROE (avg)
13.30%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
1.54
EV to EBIT
3.20
EV to EBITDA
2.48
EV to Capital Employed
1.54
EV to Sales
1.54
PEG Ratio
0.08
Dividend Yield
NA
ROCE (Latest)
48.14%
ROE (Latest)
16.26%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
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 
Financial Trend39What is working for the Company
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
OPERATING PROFIT(Q)
Highest at CAD 1,017.53 MM
RAW MATERIAL COST(Y)
Fallen by -18.2% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 46.72 times
OPERATING PROFIT MARGIN(Q)
Highest at 64.02 %
PRE-TAX PROFIT(Q)
Highest at CAD 674.71 MM
NET PROFIT(Q)
Highest at CAD 271.38 MM
EPS(Q)
Highest at CAD 0.19
-9What is not working for the Company
INTEREST(HY)
At CAD 56.46 MM has Grown at 141.51%
DIVIDEND PAYOUT RATIO(Y)
Lowest at 13.33%
Here's what is working for B2Gold Corp.
Net Sales
Highest at CAD 1,589.34 MM and Grown
In each period in the last five periodsMOJO Watch
Near term sales trend is very positive
Net Sales (CAD MM)
Net Sales
At CAD 1,589.34 MM has Grown at 108.17%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (CAD MM)
Operating Profit
Highest at CAD 1,017.53 MM and Grown
In each period in the last five periodsMOJO Watch
Near term Operating Profit trend is quite positive
Operating Profit (CAD MM)
Pre-Tax Profit
At CAD 674.71 MM has Grown at 180.43%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (CAD MM)
Net Profit
At CAD 271.38 MM has Grown at 154.6%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (CAD MM)
Operating Cash Flow
Highest at CAD 1,702.48 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CAD MM)
Operating Profit Margin
Highest at 64.02 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at CAD 674.71 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CAD MM)
Net Profit
Highest at CAD 271.38 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CAD MM)
EPS
Highest at CAD 0.19
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CAD)
Debtors Turnover Ratio
Highest at 46.72 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -18.2% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at CAD 221.17 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (CAD MM)
Here's what is not working for B2Gold Corp.
Interest
At CAD 56.46 MM has Grown at 141.51%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CAD MM)
Dividend Payout Ratio
Lowest at 13.33%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
