Financials Barrick Gold Corporation Nyse

Equities

GOLD

CA0679011084

Gold

Market Closed - Nyse Other stock markets 01:30:43 14/05/2024 am IST			5-day change	1st Jan Change
16.94 ^USD	+0.06%		+1.62%	-6.36%

10/05	Indexes already back on top
10/05	Golden Minerals Brief: Announcing Sale of Velardena Assets and Unifin Settlement	MT

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	32,988	40,484	33,844	30,097	31,701	29,692	-	-
Enterprise Value (EV) ¹	35,210	40,451	33,714	30,439	32,279	30,411	30,211	29,940
P/E ratio	8.21 x	17.4 x	16.7 x	71.3 x	25.1 x	16.9 x	13 x	12.5 x
Yield	1.08%	1.45%	1.95%	3.8%	2.22%	2.42%	2.74%	3.41%
Capitalization / Revenue	3.39 x	3.21 x	2.82 x	2.73 x	2.78 x	2.35 x	2.12 x	2.13 x
EV / Revenue	3.62 x	3.21 x	2.81 x	2.76 x	2.83 x	2.41 x	2.15 x	2.15 x
EV / EBITDA	7.29 x	5.4 x	4.65 x	5.42 x	5.9 x	5.12 x	4.26 x	4.27 x
EV / FCF	31.1 x	12 x	17.4 x	70.5 x	50 x	26.8 x	15.1 x	12.2 x
FCF Yield	3.22%	8.31%	5.76%	1.42%	2%	3.74%	6.64%	8.17%
Price to Book	1.52 x	1.73 x	1.42 x	1.32 x	1.36 x	1.21 x	1.13 x	1.09 x
Nbr of stocks (in thousands)	17,77,782	17,78,126	17,79,286	17,58,285	17,55,523	17,55,636	-	-
Reference price ²	18.56	22.77	19.02	17.12	18.06	16.92	16.92	16.92
Announcement Date	12/02/20	18/02/21	16/02/22	15/02/23	14/02/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	9,717	12,595	11,985	11,013	11,397	12,644	14,033	13,924
EBITDA ¹	4,833	7,492	7,258	5,613	5,474	5,938	7,096	7,015
EBIT ¹	2,801	5,284	5,156	3,616	3,431	4,067	5,210	4,771
Operating Margin	28.83%	41.95%	43.02%	32.83%	30.1%	32.17%	37.13%	34.27%
Earnings before Tax (EBT) ¹	6,357	4,946	4,632	1,681	2,814	4,011	5,071	5,150
Net income ¹	3,969	2,324	2,022	432	1,272	1,842	2,453	2,370
Net margin	40.85%	18.45%	16.87%	3.92%	11.16%	14.57%	17.48%	17.02%
EPS ²	2.260	1.310	1.140	0.2400	0.7200	1.002	1.302	1.351
Free Cash Flow ¹	1,132	3,363	1,943	432	646	1,137	2,006	2,446
FCF margin	11.65%	26.7%	16.21%	3.92%	5.67%	8.99%	14.3%	17.57%
FCF Conversion (EBITDA)	23.42%	44.89%	26.77%	7.7%	11.8%	19.14%	28.27%	34.87%
FCF Conversion (Net income)	28.52%	144.71%	96.09%	100%	50.79%	61.71%	81.77%	103.22%
Dividend per Share ²	0.2000	0.3300	0.3700	0.6500	0.4000	0.4102	0.4643	0.5771
Announcement Date	12/02/20	18/02/21	16/02/22	15/02/23	14/02/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2
Net sales ¹	3,310	2,853	2,859	2,527	2,774	2,643	2,833	2,862	3,059	2,747	3,217	3,552	3,796	3,653	3,534
EBITDA ¹	2,070	1,645	1,527	1,155	1,286	1,183	1,368	1,464	1,459	1,266	1,552	1,821	1,908	2,021	2,017
EBIT ¹	1,513	1,185	1,051	698	682	688	888	960	895	792	1,138	1,381	1,553	1,396	1,412
Operating Margin	45.71%	41.54%	36.76%	27.62%	24.59%	26.03%	31.34%	33.54%	29.26%	28.83%	35.37%	38.88%	40.92%	38.21%	39.97%
Earnings before Tax (EBT) ¹	1,456	1,007	996	625	-947	474	766	803	771	661	1,125	1,310	1,490	1,400	-
Net income ¹	726	-	-	-	-735	120	305	368	479	295	462.5	578.9	658.2	683.4	645
Net margin	21.93%	-	-	-	-26.5%	4.54%	10.77%	12.86%	15.66%	10.74%	14.38%	16.3%	17.34%	18.71%	18.25%
EPS ²	0.4100	0.2500	0.2700	0.1400	-0.4200	0.0700	0.1700	0.2100	0.2700	0.1700	0.2540	0.2922	0.3348	0.3746	0.3336
Dividend per Share ²	0.1000	0.1000	0.2000	0.2000	0.1000	0.1000	0.1000	0.1000	0.1000	-	0.1000	0.1000	0.1000	0.1000	0.1000
Announcement Date	16/02/22	04/05/22	08/08/22	03/11/22	15/02/23	03/05/23	08/08/23	02/11/23	14/02/24	01/05/24	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	2,222	-	-	342	578	719	518	247
Net Cash position ¹	-	33	130	-	-	-	-	-
Leverage (Debt/EBITDA)	0.4598 x	-	-	0.0609 x	0.1056 x	0.1211 x	0.0731 x	0.0353 x
Free Cash Flow ¹	1,132	3,363	1,943	432	646	1,137	2,006	2,446
ROE (net income / shareholders' equity)	6.22%	9.12%	8.75%	5.69%	5.52%	7.18%	8.15%	7.66%
ROA (Net income/ Total Assets)	11.8%	5.11%	4.42%	2.86%	2.77%	2.8%	4.05%	4.05%
Assets ¹	33,511	45,449	45,726	15,126	45,921	65,787	60,578	58,521
Book Value Per Share ²	12.20	13.10	13.40	13.00	13.30	14.00	14.90	15.50
Cash Flow per Share ²	1.610	3.050	2.460	1.970	2.130	2.580	3.010	3.040
Capex ¹	1,701	2,054	2,435	3,049	3,086	3,120	3,102	3,330
Capex / Sales	17.51%	16.31%	20.32%	27.69%	27.08%	24.68%	22.11%	23.91%
Announcement Date	12/02/20	18/02/21	16/02/22	15/02/23	14/02/24	-	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Barrick Gold Corporation

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

16.94 USD

Average target price

21.55 USD

Spread / Average Target

+27.24%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Gold Mining