Barrick Gold Corp
TSX:ABX

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Barrick Gold Corp
TSX:ABX
Watchlist
Price: 27.15 CAD -0.73% Market Closed
Market Cap: 46.9B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one ABX stock under the Base Case scenario is 41.3 CAD. Compared to the current market price of 27.15 CAD, Barrick Gold Corp is Undervalued by 34%.

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
41.3 CAD
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.6
P/S
P/S
Price to Sales
2.6
vs History
65
vs Industry
46
Median 3Y
2.6
Median 5Y
2.7
Industry
1.8
Forward
2.3
More Details
14.7
P/E
P/E
Price to Earnings
14.7
vs History
57
vs Industry
15
Median 3Y
19.9
Median 5Y
15.8
Industry
16.1
Forward
12.2
More Details
6.9
P/OCF
P/OCF
Price to OCF
6.9
vs History
63
vs Industry
20
Median 3Y
7.9
Median 5Y
7.5
Industry
9.6
More Details
23.5
P/FCFE
P/FCFE
Price to FCFE
23.5
vs History
41
vs Industry
9
Median 3Y
24.3
Median 5Y
21.7
Industry
15.9
More Details
1.4
P/B
P/B
Price to Book Value
1.4
vs History
39
vs Industry
44
Median 3Y
1.3
Median 5Y
1.4
Industry
1.6
More Details
2.6
EV/S
EV/S
Enterprise Value to Sales
2.6
vs History
61
vs Industry
46
Median 3Y
2.6
Median 5Y
2.7
Industry
2.1
Forward
2.3
More Details
6.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.3
vs History
69
vs Industry
39
Median 3Y
8.1
Median 5Y
7.9
Industry
7.3
More Details
5.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
5.2
vs History
61
vs Industry
24
Median 3Y
5.8
Median 5Y
5.7
Industry
10.5
Forward
4.3
More Details
7.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
7.1
vs History
68
vs Industry
21
Median 3Y
9.7
Median 5Y
9.2
Industry
13.3
Forward
5.9
More Details
7
EV/OCF
EV/OCF
Enterprise Value to OCF
7
vs History
61
vs Industry
23
Median 3Y
8.1
Median 5Y
7.6
Industry
11
More Details
20.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
20.9
vs History
57
vs Industry
9
Median 3Y
37.8
Median 5Y
23.8
Industry
14.4
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
38
vs Industry
55
Median 3Y
0.8
Median 5Y
0.8
Industry
1.4
More Details

Multiples Across Competitors

ABX Competitors Multiples
Barrick Gold Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Barrick Gold Corp
TSX:ABX
46.7B CAD 2.6 14.7 5.2 7.1
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 562.4 35 984.5 19 851.6 22 781
ZA
Gold Fields Ltd
JSE:GFI
391.6B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
161.9B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
482.1B CNY 1.6 13.4 11.4 11.4
CA
Agnico Eagle Mines Ltd
TSX:AEM
81.2B CAD 6.6 25.1 11.1 15.8
US
Newmont Corporation
NYSE:NEM
58.6B USD 3 11.6 6.5 8.9
CA
Wheaton Precious Metals Corp
TSX:WPM
55.1B CAD 27.6 65.1 38.6 52
RU
Polyus PAO
MOEX:PLZL
2.4T RUB 3.5 7.9 6.1 6.7
CA
Franco-Nevada Corp
TSX:FNV
44.1B CAD 26.3 52.2 29.8 38.5
ZA
DRDGOLD Ltd
JSE:DRD
21.8B Zac 0 0 0 0
P/S Multiple
Revenue Growth P/S to Growth
CA
Barrick Gold Corp
TSX:ABX
Average P/S: 1 454.2
2.6
10%
0.3
RU
P
Polyus PJSC
LSE:PLZL
11 562.4
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
13%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
13%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
1.6
9%
0.2
CA
Agnico Eagle Mines Ltd
TSX:AEM
6.6
7%
0.9
US
Newmont Corporation
NYSE:NEM
3
0%
N/A
CA
Wheaton Precious Metals Corp
TSX:WPM
27.6
15%
1.8
RU
Polyus PAO
MOEX:PLZL
3.5
N/A N/A
CA
Franco-Nevada Corp
TSX:FNV
26.3
7%
3.8
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
12%
N/A
P/E Multiple
Earnings Growth PEG
CA
Barrick Gold Corp
TSX:ABX
Average P/E: 4 521.8
14.7
15%
1
RU
P
Polyus PJSC
LSE:PLZL
35 984.5
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
24%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
43%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
13.4
17%
0.8
CA
Agnico Eagle Mines Ltd
TSX:AEM
25.1
9%
2.8
US
Newmont Corporation
NYSE:NEM
11.6
13%
0.9
CA
Wheaton Precious Metals Corp
TSX:WPM
65.1
20%
3.3
RU
Polyus PAO
MOEX:PLZL
7.9
N/A N/A
CA
Franco-Nevada Corp
TSX:FNV
52.2
21%
2.5
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
29%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Barrick Gold Corp
TSX:ABX
Average EV/EBITDA: 2 495
5.2
16%
0.3
RU
P
Polyus PJSC
LSE:PLZL
19 851.6
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
17%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
27%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11.4
26%
0.4
CA
Agnico Eagle Mines Ltd
TSX:AEM
11.1
9%
1.2
US
Newmont Corporation
NYSE:NEM
6.5
6%
1.1
CA
Wheaton Precious Metals Corp
TSX:WPM
38.6
18%
2.1
RU
Polyus PAO
MOEX:PLZL
6.1
N/A N/A
CA
Franco-Nevada Corp
TSX:FNV
29.8
17%
1.8
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
37%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Barrick Gold Corp
TSX:ABX
Average EV/EBIT: 2 865.2
7.1
14%
0.5
RU
P
Polyus PJSC
LSE:PLZL
22 781
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
18%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
34%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11.4
19%
0.6
CA
Agnico Eagle Mines Ltd
TSX:AEM
15.8
12%
1.3
US
Newmont Corporation
NYSE:NEM
8.9
7%
1.3
CA
Wheaton Precious Metals Corp
TSX:WPM
52
16%
3.3
RU
Polyus PAO
MOEX:PLZL
6.7
N/A N/A
CA
Franco-Nevada Corp
TSX:FNV
38.5
14%
2.7
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
51%
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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