Barrick Gold Corp
TSX:ABX

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Barrick Gold Corp
TSX:ABX
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Price: 23.88 CAD 1.49%
Market Cap: 41.9B CAD
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Relative Value

The Relative Value of one ABX stock under the Base Case scenario is 37.71 CAD. Compared to the current market price of 23.88 CAD, Barrick Gold Corp is Undervalued by 37%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ABX Relative Value
Base Case
37.71 CAD
Undervaluation 37%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.4
P/S
P/S
Price to Sales
2.4
vs History
88
vs Industry
44
Median 3Y
2.6
Median 5Y
2.8
Industry
1.8
Forward
2.2
More Details
18.2
P/E
P/E
Price to Earnings
18.2
vs History
42
vs Industry
11
Median 3Y
19.9
Median 5Y
16
Industry
16
Forward
13
More Details
7.3
P/OCF
P/OCF
Price to OCF
7.3
vs History
69
vs Industry
17
Median 3Y
8
Median 5Y
8.2
Industry
9.6
More Details
46.2
P/FCFE
P/FCFE
Price to FCFE
46.2
vs History
34
vs Industry
3
Median 3Y
20
Median 5Y
22
Industry
15.3
More Details
1.2
P/B
P/B
Price to Book Value
1.2
vs History
84
vs Industry
41
Median 3Y
1.3
Median 5Y
1.4
Industry
1.5
More Details
2.4
EV/S
EV/S
Enterprise Value to Sales
2.4
vs History
88
vs Industry
43
Median 3Y
2.7
Median 5Y
2.8
Industry
2.2
Forward
2.3
More Details
7
EV/GP
EV/GP
Enterprise Value to Gross Profit
7
vs History
71
vs Industry
31
Median 3Y
8.2
Median 5Y
8.5
Industry
7.6
More Details
5.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
5.4
vs History
69
vs Industry
21
Median 3Y
6
Median 5Y
6.1
Industry
10.5
Forward
4.7
More Details
8.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
8.5
vs History
65
vs Industry
17
Median 3Y
9.8
Median 5Y
9.9
Industry
13.5
Forward
6.6
More Details
7.3
EV/OCF
EV/OCF
Enterprise Value to OCF
7.3
vs History
69
vs Industry
19
Median 3Y
8.2
Median 5Y
8.3
Industry
10.8
More Details
31.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
31.3
vs History
42
vs Industry
4
Median 3Y
37.8
Median 5Y
28.1
Industry
13.9
More Details
0.7
EV/IC
EV/IC
Enterprise Value to IC
0.7
vs History
87
vs Industry
54
Median 3Y
0.8
Median 5Y
0.8
Industry
1.3
More Details

Multiples Across Competitors

ABX Competitors Multiples
Barrick Gold Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Barrick Gold Corp
TSX:ABX
41B CAD 2.4 18.2 5.4 8.5
RU
Polyus PJSC
LSE:PLZL
70.4T USD 14 444 44 952.7 24 799.1 28 458.6
ZA
Gold Fields Ltd
JSE:GFI
222.5B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
105.7B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
414.9B CNY 1.4 16 13.6 13.6
US
Newmont Corporation
NYSE:NEM
46.6B USD 2.8 -38.6 9.3 17
CA
Agnico Eagle Mines Ltd
TSX:AEM
52.9B CAD 4.8 37.6 9 14.1
CA
Wheaton Precious Metals Corp
TSX:WPM
37.5B CAD 22 44 28.7 39.4
CA
Franco-Nevada Corp
TSX:FNV
30.5B CAD 20.1 -36.4 22.2 29.8
RU
Polyus PAO
MOEX:PLZL
1.9T RUB 3.6 7.7 6.5 7.4
ZA
DRDGOLD Ltd
JSE:DRD
15.1B Zac 0 0 0 0
P/E Multiple
Earnings Growth
CA
Barrick Gold Corp
TSX:ABX
Average P/E: 7 512.7
18.2
152%
RU
P
Polyus PJSC
LSE:PLZL
44 952.7
N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
192%
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
99%
CN
Zijin Mining Group Co Ltd
SSE:601899
16
102%
US
Newmont Corporation
NYSE:NEM
Negative Multiple: -38.6 N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
37.6
7%
CA
Wheaton Precious Metals Corp
TSX:WPM
44
48%
CA
Franco-Nevada Corp
TSX:FNV
Negative Multiple: -36.4 N/A
RU
Polyus PAO
MOEX:PLZL
7.7
N/A
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available N/A

See Also

Summary
ABX intrinsic value, competitors valuation, and company profile.
DCF Valuation
ABX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ABX stock valuation using valuation multiples.
Wall Street Estimates
ABX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ABX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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