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Barrick Gold Corp.

Part of MojoOne Strategy
  • Market Cap: Large Cap
  • Industry: Gems, Jewellery And Watches
  • ISIN: CA0679011084
  • TSE: ABX
CAD
59.95
-0.29 (-0.48%)

Sep 21

TSE

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Part of MojoOne Strategy
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.
Agnico Eagle Mines Ltd.
Pan American Silver Corp.
Kinross Gold Corp.
Alamos Gold, Inc.
SSR Mining, Inc.
Franco-Nevada Corp.
B2Gold Corp.
Lundin Gold, Inc.
Wheaton Precious Metals Corp.
Endeavour Mining Plc

Why is Barrick Gold Corp. ?

1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 10.49
2
Low Debt Company with Strong Long Term Fundamental Strength
3
With a growth in Operating Profit of 70.44%, the company declared Very Positive results in Jun 26
  • The company has declared positive results for the last 5 consecutive quarters
  • OPERATING CASH FLOW(Y) Highest at CAD 13,636.44 MM
  • NET PROFIT(HY) At CAD 3,889.31 MM has Grown at 108.23%
  • INTEREST COVERAGE RATIO(Q) Highest at 4,791.3
4
With ROE of 32.25%, it has a attractive valuation with a 2.28 Price to Book Value
  • The stock is trading at a premium compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 77.43%, its profits have risen by 184.1% ; the PEG ratio of the company is 0
5
High Institutional Holdings at 71.22%
  • These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
  • Their stake has increased by 2.32% over the previous quarter.
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Barrick Gold Corp. should be less than 10%
  2. 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 Barrick Gold Corp. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Barrick Gold Corp.
31.61%
3.23
47.59%
S&P/TSX 60
20.36%
2.51
12.02%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
9.39%
EBIT Growth (5y)
16.54%
EBIT to Interest (avg)
14.49
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0.03
Sales to Capital Employed (avg)
0.49
Tax Ratio
23.97%
Dividend Payout Ratio
28.39%
Pledged Shares
0
Institutional Holding
71.22%
ROCE (avg)
20.65%
ROE (avg)
12.36%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
2.28
EV to EBIT
6.22
EV to EBITDA
5.13
EV to Capital Employed
2.40
EV to Sales
3.18
PEG Ratio
0.04
Dividend Yield
NA
ROCE (Latest)
38.61%
ROE (Latest)
32.25%
stock-recommendationTechnicals

Technical 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
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

27What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CAD 13,636.44 MM

NET PROFIT(HY)

At CAD 3,889.31 MM has Grown at 108.23%

INTEREST COVERAGE RATIO(Q)

Highest at 4,791.3

ROCE(HY)

Highest at 24.87%

RAW MATERIAL COST(Y)

Fallen by -12.06% (YoY

CASH AND EQV(HY)

Highest at CAD 18,360.6 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 5 times

DEBTORS TURNOVER RATIO(HY)

Highest at 23.26 times

DIVIDEND PER SHARE(HY)

Highest at CAD 23.26

NET SALES(Q)

At CAD 7,352.46 MM has Grown at 44.56%

PRE-TAX PROFIT(Q)

At CAD 3,390.36 MM has Grown at 90.09%

-1What is not working for the Company
DIVIDEND PAYOUT RATIO(Y)

Lowest at 23.99%

Here's what is working for Barrick Gold Corp.

Interest Coverage Ratio
Highest at 4,791.3 and Grown
In each period in the last five periods
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Net Profit
At CAD 3,889.31 MM has Grown at 108.23%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (CAD MM)

Operating Cash Flow
Highest at CAD 13,636.44 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (CAD MM)

Net Sales
At CAD 7,352.46 MM has Grown at 44.56%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (CAD MM)

Pre-Tax Profit
At CAD 3,390.36 MM has Grown at 90.09%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CAD MM)

Cash and Eqv
Highest at CAD 18,360.6 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio
Highest at 5 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio
Highest at 23.26 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Dividend per share
Highest at CAD 23.26
in the last five years
MOJO Watch
Company is distributing higher dividend from profits generated

DPS (CAD)

Raw Material Cost
Fallen by -12.06% (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

Here's what is not working for Barrick Gold Corp.

Dividend Payout Ratio
Lowest at 23.99%
in the last five years
MOJO Watch
Company is distributing lower proportion of profits generated as dividend

DPR (%)

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