Barrick Gold Corp Stock Book Value Per Share
| ABX Stock | CAD 22.06 0.05 0.23% |
Barrick Gold Corp fundamentals help investors to digest information that contributes to Barrick Gold's financial success or failures. It also enables traders to predict the movement of Barrick Stock. The fundamental analysis module provides a way to measure Barrick Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Barrick Gold stock.
| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 13.30 | 8.53 | |
| Tangible Book Value Per Share | 16.16 | 16.96 |
Barrick | Book Value Per Share |
Barrick Gold Corp Company Book Value Per Share Analysis
Barrick Gold's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Barrick Gold Book Value Per Share | 13.36 X |
Most of Barrick Gold's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Barrick Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Barrick Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Barrick Gold is extremely important. It helps to project a fair market value of Barrick Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Barrick Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Barrick Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Barrick Gold's interrelated accounts and indicators.
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The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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Barrick Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, the book value per share of Barrick Gold Corp is about 13.364 times. This is 97.34% lower than that of the Metals & Mining sector and 111.12% higher than that of the Materials industry. The book value per share for all Canada stocks is 99.31% higher than that of the company.
Barrick Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Barrick Gold's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Barrick Gold could also be used in its relative valuation, which is a method of valuing Barrick Gold by comparing valuation metrics of similar companies.Barrick Gold is currently under evaluation in book value per share category among its peers.
Barrick Gold ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Barrick Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Barrick Gold's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Barrick Fundamentals
| Return On Equity | 0.0683 | ||||
| Return On Asset | 0.0358 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 48.18 B | ||||
| Shares Outstanding | 1.76 B | ||||
| Shares Owned By Insiders | 0.60 % | ||||
| Shares Owned By Institutions | 60.53 % | ||||
| Number Of Shares Shorted | 14.23 M | ||||
| Price To Earning | 13.40 X | ||||
| Price To Book | 1.35 X | ||||
| Price To Sales | 3.79 X | ||||
| Revenue | 11.4 B | ||||
| Gross Profit | 3.47 B | ||||
| EBITDA | 4.99 B | ||||
| Net Income | 1.27 B | ||||
| Cash And Equivalents | 3 M | ||||
| Cash Per Share | 3.27 X | ||||
| Total Debt | 32 M | ||||
| Debt To Equity | 0.16 % | ||||
| Current Ratio | 3.95 X | ||||
| Book Value Per Share | 13.36 X | ||||
| Cash Flow From Operations | 3.53 B | ||||
| Short Ratio | 2.48 X | ||||
| Earnings Per Share | 1.12 X | ||||
| Price To Earnings To Growth | 2.23 X | ||||
| Target Price | 31.01 | ||||
| Beta | 0.45 | ||||
| Market Capitalization | 38.73 B | ||||
| Total Asset | 45.81 B | ||||
| Retained Earnings | (6.71 B) | ||||
| Working Capital | 5.08 B | ||||
| Current Asset | 5.47 B | ||||
| Current Liabilities | 1.85 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.34 % | ||||
| Net Asset | 45.81 B | ||||
| Last Dividend Paid | 0.4 |
About Barrick Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Barrick Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Barrick Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Barrick Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Barrick Stock
When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.