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Barrick Gold Corp
NYSE:GOLD

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Barrick Gold Corp
NYSE:GOLD
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Price: 42.63 USD -5.66% Market Closed
Market Cap: $1.1B

EV/IC

1.5
Current
84%
More Expensive
vs 3-y average of 0.8

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.5
=
Enterprise Value
$113.1B
/
Invested Capital
$43B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.5
=
Enterprise Value
$113.1B
/
Invested Capital
$43B

Valuation Scenarios

Barrick Gold Corp is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.8), the stock would be worth $23.18 (46% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-46%
Maximum Upside
+117%
Average Upside
10%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.5 $42.63
0%
3-Year Average 0.8 $23.18
-46%
5-Year Average 0.8 $23.33
-45%
Industry Average 3.2 $92.39
+117%
Country Average 1.7 $48.96
+15%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
CA
Barrick Gold Corp
NYSE:GOLD
89.4B USD 1.5 13
RU
Polyus PJSC
LSE:PLZL
70.4T USD 8 391.6 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
636.8B ZAR 3.2 10.9
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
164.6B ZAR 1.6 10.1
CN
Zijin Mining Group Co Ltd
SSE:601899
885.4B CNY 2.3 14.4
US
Newmont Corporation
NYSE:NEM
118.3B USD 2.4 16.7
CA
Agnico Eagle Mines Ltd
TSX:AEM
127.7B CAD 2.9 20.4
CA
Barrick Mining Corp
F:ABR0
55.5B EUR 1.5 13.1
CA
Wheaton Precious Metals Corp
TSX:WPM
77.9B CAD 6.9 38.2
HK
Zijin Gold International Co Ltd
HKEX:2259
403.6B HKD 5.6 32.2
ZA
AngloGold Ashanti Ltd
NYSE:AU
46.8B USD 4.1 17.8

Market Distribution

Lower than 100% of companies in Canada
Percentile
0th
Based on 3 166 companies
0th percentile
-0
Low
0 — 1
Typical Range
1 — 3.7
High
3.7 —
Distribution Statistics
Canada
Min 0
30th Percentile 1
Median 1.7
70th Percentile 3.7
Max 95 179.6

Barrick Gold Corp
Glance View

Barrick Gold Corporation, a titan in the gold mining industry, was founded in 1983 by Canadian entrepreneur Peter Munk. From its modest beginnings, Barrick swiftly ascended, driven by Munk’s strategic vision and a series of successful acquisitions, transforming it into the world's second-largest gold producer. Central to Barrick's operations is the exploration, mining, and production of gold and copper, commodities that are often seen as both investments and industrial necessities. With mines and projects situated in prolific mining territories like North and South America, Africa, and the Middle East, Barrick's global presence is a testament to its ambitious reach and operational resilience. Earning its revenues primarily through the sale of gold and copper, Barrick Gold embraces efficiencies and innovations to navigate the volatile commodity markets. The company implements cutting-edge technological advancements and sustainable practices, aiming to reduce operational costs and environmental impact while maximizing yields. Barrick thrives by continuously optimizing its portfolio, focusing on tier-one gold assets and maintaining a robust pipeline of future projects. By balancing its current mining operations with an eye toward future growth, Barrick positions itself as a steadfast player in the fluctuating landscape of precious metals.

GOLD Intrinsic Value
51.8 USD
Undervaluation 18%
Intrinsic Value
Price $42.63
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