B2gold Corp Stock Current Valuation
| BTO Stock | CAD 4.06 0.07 1.75% |
Valuation analysis of B2Gold Corp helps investors to measure B2Gold Corp's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 23rd of November 2024, Enterprise Value is likely to grow to about 4 B, while Enterprise Value Over EBITDA is likely to drop 4.61. Fundamental drivers impacting B2Gold Corp's valuation include:
Price Book 1.2539 | Enterprise Value 5.1 B | Enterprise Value Ebitda 6.9747 | Price Sales 2.7814 | Forward PE 6.8446 |
Overvalued
Today
Please note that B2Gold Corp's price fluctuation is moderately volatile at this time. Calculation of the real value of B2Gold Corp is based on 3 months time horizon. Increasing B2Gold Corp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since B2Gold Corp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of B2Gold Stock. However, B2Gold Corp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 4.06 | Real 3.45 | Hype 4.06 | Naive 4.08 |
The intrinsic value of B2Gold Corp's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence B2Gold Corp's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of B2Gold Corp helps investors to forecast how B2Gold stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of B2Gold Corp more accurately as focusing exclusively on B2Gold Corp's fundamentals will not take into account other important factors: B2Gold Corp Company Current Valuation Analysis
B2Gold Corp's 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.
Current B2Gold Corp Current Valuation | 5.06 B |
Most of B2Gold Corp's fundamental indicators, such as Current Valuation, 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, B2Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
B2Gold Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for B2Gold Corp is extremely important. It helps to project a fair market value of B2Gold Stock properly, considering its historical fundamentals such as Current Valuation. Since B2Gold Corp'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 B2Gold Corp'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 B2Gold Corp's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
| Competition |
In accordance with the recently published financial statements, B2Gold Corp has a Current Valuation of 5.06 B. This is 55.69% lower than that of the Metals & Mining sector and 28.63% higher than that of the Materials industry. The current valuation for all Canada stocks is 69.59% higher than that of the company.
B2Gold Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses B2Gold Corp's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of B2Gold Corp could also be used in its relative valuation, which is a method of valuing B2Gold Corp by comparing valuation metrics of similar companies.B2Gold Corp is currently under evaluation in current valuation category among its peers.
B2Gold Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of B2Gold Corp from analyzing B2Gold Corp's financial statements. These drivers represent accounts that assess B2Gold Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of B2Gold Corp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.1B | 5.8B | 4.1B | 3.8B | 3.9B | 4.1B | |
| Enterprise Value | 4.2B | 5.5B | 3.6B | 3.2B | 3.8B | 4.0B |
B2Gold Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.0254 | ||||
| Profit Margin | (0.38) % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 5.06 B | ||||
| Shares Outstanding | 1.31 B | ||||
| Shares Owned By Insiders | 0.65 % | ||||
| Shares Owned By Institutions | 62.04 % | ||||
| Number Of Shares Shorted | 13.86 M | ||||
| Price To Earning | 21.37 X | ||||
| Price To Book | 1.25 X | ||||
| Price To Sales | 2.78 X | ||||
| Revenue | 1.93 B | ||||
| Gross Profit | 988.1 M | ||||
| EBITDA | 1.11 B | ||||
| Net Income | 41.59 M | ||||
| Cash And Equivalents | 651.95 M | ||||
| Cash Per Share | 0.60 X | ||||
| Total Debt | 192.12 M | ||||
| Debt To Equity | 0.21 % | ||||
| Current Ratio | 3.51 X | ||||
| Book Value Per Share | 2.31 X | ||||
| Cash Flow From Operations | 714.45 M | ||||
| Short Ratio | 4.33 X | ||||
| Earnings Per Share | (0.78) X | ||||
| Target Price | 4.6 | ||||
| Beta | 1.24 | ||||
| Market Capitalization | 5.32 B | ||||
| Total Asset | 4.87 B | ||||
| Retained Earnings | 395.85 M | ||||
| Working Capital | 397.26 M | ||||
| Annual Yield | 0.05 % | ||||
| Net Asset | 4.87 B | ||||
| Last Dividend Paid | 0.16 |
About B2Gold Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze B2Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of B2Gold Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of B2Gold 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.
Pair Trading with B2Gold Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if B2Gold Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in B2Gold Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with B2Gold Stock
Moving against B2Gold Stock
The ability to find closely correlated positions to B2Gold Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B2Gold Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back B2Gold Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling B2Gold Corp to buy it.
The correlation of B2Gold Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as B2Gold Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if B2Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for B2Gold Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold 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. To learn how to invest in B2Gold Stock, please use our How to Invest in B2Gold Corp guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.