Barrick Gold Corp
TSX:ABX

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Barrick Gold Corp
TSX:ABX
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Price: 59.63 CAD 0.62% Market Closed
Market Cap: 100.6B CAD
Section:
 

Relative Value

The Relative Value of one ABX stock under the Base Case scenario is 70.65 CAD. Compared to the current market price of 59.63 CAD, Barrick Gold Corp is Undervalued by 16%.

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
70.65 CAD
Undervaluation 16%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5
P/S
P/S
Price to Sales
5
vs History
0
vs Industry
46
Median 3Y
2.6
Median 5Y
2.7
Industry
2
Forward
4.6
More Details
20.4
P/E
P/E
Price to Earnings
20.4
vs History
30
vs Industry
15
Median 3Y
19.9
Median 5Y
16
Industry
18.8
Forward
19.2
More Details
11.5
P/OCF
P/OCF
Price to OCF
11.5
vs History
0
vs Industry
20
Median 3Y
8.1
Median 5Y
7.5
Industry
10.9
More Details
28.8
P/FCFE
P/FCFE
Price to FCFE
28.8
vs History
23
vs Industry
9
Median 3Y
24.5
Median 5Y
21.7
Industry
18.4
More Details
2.9
P/B
P/B
Price to Book Value
2.9
vs History
0
vs Industry
44
Median 3Y
1.3
Median 5Y
1.4
Industry
2.1
More Details
5
EV/S
EV/S
Enterprise Value to Sales
5
vs History
0
vs Industry
46
Median 3Y
2.7
Median 5Y
2.7
Industry
2.5
Forward
4.6
More Details
10.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
10.3
vs History
3
vs Industry
39
Median 3Y
8.3
Median 5Y
7.7
Industry
8.3
More Details
8.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
8.7
vs History
0
vs Industry
24
Median 3Y
6.1
Median 5Y
5.6
Industry
12.3
Forward
7.8
More Details
11.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
11.1
vs History
15
vs Industry
21
Median 3Y
9.9
Median 5Y
8.7
Industry
14.9
Forward
8.9
More Details
11.4
EV/OCF
EV/OCF
Enterprise Value to OCF
11.4
vs History
0
vs Industry
23
Median 3Y
8.3
Median 5Y
7.6
Industry
12.4
More Details
26.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
26.4
vs History
39
vs Industry
9
Median 3Y
37.8
Median 5Y
21.9
Industry
16.8
More Details
1.7
EV/IC
EV/IC
Enterprise Value to IC
1.7
vs History
0
vs Industry
55
Median 3Y
0.8
Median 5Y
0.8
Industry
1.9
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
100.6B CAD 5 20.4 8.7 11.1
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 658.4 36 283.3 20 016.4 22 970.1
ZA
Gold Fields Ltd
JSE:GFI
661.2B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
211.3B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
802.7B CNY 2.5 17.6 15.8 15.8
US
Newmont Corporation
NYSE:NEM
108.8B USD 5.1 15.1 9.1 11.6
CA
Agnico Eagle Mines Ltd
TSX:AEM
116.4B CAD 8 24.5 12.1 15.8
AU
Greatland Gold PLC
ASX:GGP
123.2B AUD 63.9 181.5 130.7 146.7
CA
Barrick Mining Corp
F:ABR0
61.6B EUR 5 20.2 8.7 11
CA
Wheaton Precious Metals Corp
TSX:WPM
72.4B CAD 28.7 52.5 38.3 48.8
ZA
DRDGOLD Ltd
JSE:DRD
43.6B Zac 0 0 0 0
P/S Multiple
Revenue Growth P/S to Growth
CA
Barrick Gold Corp
TSX:ABX
Average P/S: 1 472.1
5
18%
0.3
RU
P
Polyus PJSC
LSE:PLZL
11 658.4
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
25%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
15%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
2.5
13%
0.2
US
Newmont Corporation
NYSE:NEM
5.1
10%
0.5
CA
Agnico Eagle Mines Ltd
TSX:AEM
8
18%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
63.9
-11%
N/A
CA
Barrick Mining Corp
F:ABR0
5
18%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
28.7
30%
1
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
16%
N/A
P/E Multiple
Earnings Growth PEG
CA
Barrick Gold Corp
TSX:ABX
Average P/E: 4 576.9
20.4
42%
0.5
RU
P
Polyus PJSC
LSE:PLZL
36 283.3
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
49%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
39%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
17.6
25%
0.7
US
Newmont Corporation
NYSE:NEM
15.1
40%
0.4
CA
Agnico Eagle Mines Ltd
TSX:AEM
24.5
39%
0.6
AU
G
Greatland Gold PLC
ASX:GGP
181.5
N/A N/A
CA
Barrick Mining Corp
F:ABR0
20.2
43%
0.5
CA
Wheaton Precious Metals Corp
TSX:WPM
52.5
45%
1.2
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
27%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Barrick Gold Corp
TSX:ABX
Average EV/EBITDA: 2 530
8.7
33%
0.3
RU
P
Polyus PJSC
LSE:PLZL
20 016.4
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
34%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
30%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
15.8
33%
0.5
US
Newmont Corporation
NYSE:NEM
9.1
24%
0.4
CA
Agnico Eagle Mines Ltd
TSX:AEM
12.1
27%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
130.7
-5%
N/A
CA
Barrick Mining Corp
F:ABR0
8.7
33%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
38.3
32%
1.2
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
32%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Barrick Gold Corp
TSX:ABX
Average EV/EBIT: 2 903.9
11.1
43%
0.3
RU
P
Polyus PJSC
LSE:PLZL
22 970.1
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
39%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
32%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
15.8
27%
0.6
US
Newmont Corporation
NYSE:NEM
11.6
30%
0.4
CA
Agnico Eagle Mines Ltd
TSX:AEM
15.8
36%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
146.7
-3%
N/A
CA
Barrick Mining Corp
F:ABR0
11
43%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
48.8
28%
1.7
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
42%
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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