Barrick Mining Corporation

XTRA:ABR0 Stock Report

Market Cap: €59.5b

Barrick Mining Valuation

Is ABR0 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ABR0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

€124.86
Fair Value
71.6% undervalued intrinsic discount
10
Number of Analysts

Below Fair Value: ABR0 (€35.51) is trading below our estimate of fair value (€124.86)

Significantly Below Fair Value: ABR0 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for ABR0?

Key metric: As ABR0 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ABR0. This is calculated by dividing ABR0's market cap by their current earnings.
What is ABR0's PE Ratio?
PE Ratio19.3x
EarningsUS$3.58b
Market CapUS$69.30b

Price to Earnings Ratio vs Peers

How does ABR0's PE Ratio compare to its peers?

The above table shows the PE ratio for ABR0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.6x
HEI Heidelberg Materials
20.8x11.01%€38.7b
BAS BASF
126x31.27%€39.0b
NDA Aurubis
8.4x16.41%€5.2b
SY1 Symrise
19.1x7.27%€9.7b
ABR0 Barrick Mining
19.3x14.76%€95.8b

Price-To-Earnings vs Peers: ABR0 is good value based on its Price-To-Earnings Ratio (19.3x) compared to the peer average (43.6x).


Price to Earnings Ratio vs Industry

How does ABR0's PE Ratio compare vs other companies in the European Metals and Mining Industry?

18 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ABR0 19.3xIndustry Avg. 16.3xNo. of Companies18PE01020304050+
18 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ABR0 is expensive based on its Price-To-Earnings Ratio (19.3x) compared to the European Metals and Mining industry average (16.3x).


Price to Earnings Ratio vs Fair Ratio

What is ABR0's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ABR0 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.3x
Fair PE Ratio28.7x

Price-To-Earnings vs Fair Ratio: ABR0 is good value based on its Price-To-Earnings Ratio (19.3x) compared to the estimated Fair Price-To-Earnings Ratio (28.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ABR0 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€35.51
€37.80
+6.46%
17.04%€47.93€23.31n/a10
Nov ’26€28.13
€32.45
+15.34%
22.66%€41.92€19.32n/a10
Oct ’26€28.83
€28.59
-0.82%
20.12%€36.73€19.08n/a9
Sep ’26€22.90
€23.53
+2.76%
14.41%€31.01€19.30n/a10
Aug ’26€18.44
€23.58
+27.87%
16.16%€32.27€19.62n/a10
Jul ’26€17.79
€21.86
+22.86%
10.39%€26.73€19.21n/a10
Jun ’26€16.69
€22.13
+32.61%
10.71%€27.41€18.98n/a10
May ’26€16.70
€22.34
+33.79%
12.60%€27.81€18.98n/a10
Apr ’26€18.24
€21.18
+16.12%
10.66%€25.92€17.61n/a9
Mar ’26€16.89
€21.13
+25.07%
10.07%€26.14€18.24n/a10
Feb ’26€16.09
€20.79
+29.20%
13.73%€26.11€16.07n/a10
Jan ’26€14.99
€21.75
+45.07%
9.63%€25.83€18.05n/a11
Dec ’25€16.58
€22.06
+33.03%
9.95%€25.88€18.21€36.5011
Nov ’25€17.75
€22.29
+25.58%
7.96%€25.50€19.42€28.1311
Oct ’25€18.27
€20.70
+13.32%
9.46%€25.10€18.61€28.8311
Sep ’25€18.13
€20.15
+11.16%
9.55%€24.78€17.65€22.9011
Aug ’25€16.92
€20.21
+19.42%
11.10%€25.80€17.21€18.4411
Jul ’25€15.50
€20.27
+30.76%
11.87%€24.45€17.38€17.7911
Jun ’25€15.67
€19.91
+27.03%
12.14%€24.09€16.66€16.6911
May ’25€15.78
€19.87
+25.91%
13.30%€24.47€15.99€16.7011
Apr ’25€15.36
€18.27
+18.94%
16.02%€23.79€13.17€18.2411
Mar ’25€13.78
€18.26
+32.54%
16.05%€23.83€13.18€16.8911
Feb ’25€14.72
€19.45
+32.14%
14.51%€24.93€15.81€16.0911
Jan ’25€16.36
€19.68
+20.31%
15.58%€27.30€15.53€14.9910
Dec ’24€16.22
€19.23
+18.57%
17.58%€27.55€14.14€16.5811
€38.05
Fair Value
6.7% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/07 01:52
End of Day Share Price 2025/12/05 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Barrick Mining Corporation is covered by 52 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
David ColemanArgus Research Company
Farooq HamedBarclays