Barrick Gold Net Income vs. Current Valuation
Based on the measurements of profitability obtained from Barrick Gold's financial statements, Barrick Gold Corp may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Barrick Gold's ability to earn profits and add value for shareholders.
Check out Trending Equities to better understand how to build diversified portfolios. 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.
Please note, there is a significant difference between Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Barrick Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Barrick Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Barrick Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Barrick Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Barrick Gold Corp over time as well as its relative position and ranking within its peers.
Barrick |
Barrick Gold Corp Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Barrick Gold's current stock value. Our valuation model uses many indicators to compare Barrick Gold value to that of its competitors to determine the firm's financial worth. Barrick Gold Corp is number one stock in net income category among its peers. It also is the top company in current valuation category among its peers reporting about 22.73 of Current Valuation per Net Income. Comparative valuation analysis is a catch-all model that can be used if you cannot value Barrick Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Barrick Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Barrick Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Barrick Gold |
| = | 1.95 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Barrick Gold |
| = | 44.39 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Barrick Current Valuation vs Competition
Barrick Gold Corp is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 314.1 Billion. Barrick Gold retains roughly 44.39 Billion in current valuation claiming about 14% of all equities under Materials industry.
Barrick Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Barrick Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Barrick Gold will eventually generate negative long term returns. The profitability progress is the general direction of Barrick Gold's change in net profit over the period of time. It can combine multiple indicators of Barrick Gold, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada. BARRICK GOLD operates under Metals And Minerals Mining And Exploration classification in Canada and is traded on Toronto Stock Exchange.
Barrick Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Barrick Gold. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Barrick Gold position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Barrick Gold's important profitability drivers and their relationship over time.
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Check out Trending Equities to better understand how to build diversified portfolios. 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
To fully project Barrick Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Barrick Gold Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Barrick Gold's income statement, its balance sheet, and the statement of cash flows.