This module uses fundamental data of Barrick Mining to approximate its Piotroski F score. Barrick Mining F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Barrick Mining. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Barrick Mining financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Barrick Mining Altman Z Score, Barrick Mining Correlation, Barrick Mining Valuation, as well as analyze Barrick Mining Alpha and Beta and Barrick Mining Hype Analysis.
At present, Barrick Mining's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 1.2 B, whereas Short Term Debt is forecasted to decline to 0.00. At present, Barrick Mining's Price To Sales Ratio is projected to drop based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 0.73, whereas PTB Ratio is forecasted to decline to 25.46.
At this time, it appears that Barrick Mining's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
The critical factor to consider when applying the Piotroski F Score to Barrick Mining is to make sure Barrick is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Barrick Mining's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Barrick Mining's financial numbers are properly reported.
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Barrick Mining's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Barrick Mining in a much-optimized way.
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.
Free Cash Flow
1.38 Billion
At present, Barrick Mining's Free Cash Flow is projected to increase significantly based on the last few years of reporting.
Barrick Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of Barrick Mining from analyzing Barrick Mining's financial statements. These drivers represent accounts that assess Barrick Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Barrick Mining's important valuation drivers and their relationship over time.
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 Mining's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Barrick Mining's managers, analysts, and investors.
Environmental
Governance
Social
About Barrick Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Barrick Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Barrick Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Barrick Mining 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
For information on how to trade Barrick Stock refer to our How to Trade Barrick Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barrick Mining. If investors know Barrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barrick Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.607
Dividend Share
0.4
Earnings Share
1.32
Revenue Per Share
7.632
Quarterly Revenue Growth
0.139
The market value of Barrick Mining is measured differently than its book value, which is the value of Barrick that is recorded on the company's balance sheet. Investors also form their own opinion of Barrick Mining's value that differs from its market value or its book value, called intrinsic value, which is Barrick Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barrick Mining's market value can be influenced by many factors that don't directly affect Barrick Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barrick Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Mining'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.