(BTG) B2Gold - Ratings and Ratios
Gold
BTG EPS (Earnings per Share)
BTG Revenue
Description: BTG B2Gold
B2Gold Corp is a gold production company with a diversified portfolio of operating mines and development projects. The companys operational mines include Fekola in Mali, Masbate in the Philippines, and Otjikoto in Namibia, providing a geographically diversified gold production base. Additionally, B2Gold owns a 100% interest in the Gramalote gold project in Colombia, which presents potential for future growth.
To evaluate B2Golds performance, key performance indicators (KPIs) such as gold production volume, cash costs per ounce, and all-in sustaining costs (AISC) per ounce are crucial. A review of these metrics can indicate the companys operational efficiency and profitability. For instance, a lower AISC per ounce suggests better cost management and potentially higher margins. Furthermore, examining the companys reserve replacement ratio and exploration expenditure can provide insights into its ability to sustain production over the long term.
From a financial perspective, B2Golds market capitalization and forward price-to-earnings ratio can be used to assess its valuation relative to peers. With a market capitalization of approximately $4.56 billion and a forward P/E of 6.70, the companys valuation appears reasonable considering the current gold price environment. However, the return on equity (ROE) of -18.98% indicates that the company has faced challenges in generating returns for shareholders, potentially due to higher costs or lower gold prices during certain periods.
To further analyze B2Golds potential, it is essential to consider factors such as the companys hedging policy, debt levels, and dividend yield. A company with a prudent hedging strategy and manageable debt can better navigate fluctuations in gold prices. Additionally, a dividend yield can provide a relatively stable return for shareholders, even in periods of gold price volatility.
BTG Stock Overview
| Market Cap in USD | 5,003m |
| Sub-Industry | Gold |
| IPO / Inception | 2008-06-24 |
BTG Stock Ratings
| Growth Rating | 7.57% |
| Fundamental | 44.3% |
| Dividend Rating | 42.5% |
| Return 12m vs S&P 500 | 30.1% |
| Analyst Rating | 3.67 of 5 |
BTG Dividends
| Dividend Yield 12m | 3.89% |
| Yield on Cost 5y | 2.58% |
| Annual Growth 5y | 7.78% |
| Payout Consistency | 83.6% |
| Payout Ratio | 41.7% |
BTG Growth Ratios
| Growth Correlation 3m | 32.7% |
| Growth Correlation 12m | 60% |
| Growth Correlation 5y | -60% |
| CAGR 5y | -5.36% |
| CAGR/Max DD 5y | -0.09 |
| Sharpe Ratio 12m | 1.48 |
| Alpha | 34.73 |
| Beta | 1.250 |
| Volatility | 39.98% |
| Current Volume | 27554.9k |
| Average Volume 20d | 27568.2k |
| Stop Loss | 3.9 (-5.6%) |
| Signal | 1.76 |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (-433.6m TTM) > 0 and > 6% of Revenue (6% = 130.3m TTM) |
| FCFTA -0.00 (>2.0%) and ΔFCFTA -3.20pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -0.88% (prev 31.17%; Δ -32.05pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 538.3m > Net Income -433.6m (YES >=105%, WARN >=100%) |
| Net Debt (125.9m) to EBITDA (267.6m) ratio: 0.47 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.98 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.48b) change vs 12m ago 12.99% (target <= -2.0% for YES) |
| Gross Margin 49.71% (prev 39.79%; Δ 9.92pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 41.42% (prev 37.78%; Δ 3.64pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -3.17 (EBITDA TTM 267.6m / Interest Expense TTM 28.1m) >= 6 (WARN >= 3) |
Altman Z'' 1.28
| (A) -0.00 = (Total Current Assets 949.9m - Total Current Liabilities 969.0m) / Total Assets 5.31b |
| (B) -0.07 = Retained Earnings (Balance) -356.9m / Total Assets 5.31b |
| (C) -0.02 = EBIT TTM -89.2m / Avg Total Assets 5.24b |
| (D) 1.56 = Book Value of Equity 3.11b / Total Liabilities 1.99b |
| Total Rating: 1.28 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 44.31
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield -0.46% = -0.23 |
| 3. FCF Margin -1.09% = -0.41 |
| 4. Debt/Equity 0.12 = 2.49 |
| 5. Debt/Ebitda 1.49 = 0.98 |
| 6. ROIC - WACC -12.49% = -12.50 |
| 7. RoE -13.97% = -2.33 |
| 8. Rev. Trend 47.08% = 2.35 |
| 9. Rev. CAGR 22.91% = 2.50 |
| 10. EPS Trend -21.60% = -0.54 |
| 11. EPS CAGR 100.3% = 2.50 |
What is the price of BTG shares?
Over the past week, the price has changed by +3.77%, over one month by +20.41%, over three months by +22.15% and over the past year by +52.17%.
Is B2Gold a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BTG is around 3.93 USD . This means that BTG is currently overvalued and has a potential downside of -4.84%.
Is BTG a buy, sell or hold?
- Strong Buy: 2
- Buy: 5
- Hold: 4
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the BTG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 4.3 | 3.6% |
| Analysts Target Price | 3.9 | -5.8% |
| ValueRay Target Price | 4.4 | 7.3% |
Last update: 2025-08-21 02:49
BTG Fundamental Data Overview
CCE Cash And Equivalents = 310.3m USD (Cash And Short Term Investments, last quarter)
P/E Forward = 6.8493
P/S = 2.3031
P/B = 1.5739
P/EG = 4.71
Beta = 0.443
Revenue TTM = 2.17b USD
EBIT TTM = -89.2m USD
EBITDA TTM = 267.6m USD
Long Term Debt = 375.6m USD (from longTermDebt, last quarter)
Short Term Debt = 22.9m USD (from shortTermDebt, last quarter)
Debt = 398.5m USD (Calculated: Short Term 22.9m + Long Term 375.6m)
Net Debt = 125.9m USD (from netDebt column, last quarter)
Enterprise Value = 5.09b USD (5.00b + Debt 398.5m - CCE 310.3m)
Interest Coverage Ratio = -3.17 (Ebit TTM -89.2m / Interest Expense TTM 28.1m)
FCF Yield = -0.46% (FCF TTM -23.7m / Enterprise Value 5.09b)
FCF Margin = -1.09% (FCF TTM -23.7m / Revenue TTM 2.17b)
Net Margin = -19.96% (Net Income TTM -433.6m / Revenue TTM 2.17b)
Gross Margin = 49.71% ((Revenue TTM 2.17b - Cost of Revenue TTM 1.09b) / Revenue TTM)
Tobins Q-Ratio = 1.64 (Enterprise Value 5.09b / Book Value Of Equity 3.11b)
Interest Expense / Debt = 1.22% (Interest Expense 4.85m / Debt 398.5m)
Taxrate = 43.87% (from quarterly Income Tax Expense: 125.6m / 286.4m)
NOPAT = -89.2m (EBIT -89.2m, no tax applied on loss)
Current Ratio = 0.98 (Total Current Assets 949.9m / Total Current Liabilities 969.0m)
Debt / Equity = 0.12 (Debt 398.5m / last Quarter total Stockholder Equity 3.27b)
Debt / EBITDA = 1.49 (Net Debt 125.9m / EBITDA 267.6m)
Debt / FCF = -16.85 (Debt 398.5m / FCF TTM -23.7m)
Total Stockholder Equity = 3.10b (last 4 quarters mean)
RoA = -8.17% (Net Income -433.6m, Total Assets 5.31b )
RoE = -13.97% (Net Income TTM -433.6m / Total Stockholder Equity 3.10b)
RoCE = -2.56% (Ebit -89.2m / (Equity 3.10b + L.T.Debt 375.6m))
RoIC = -2.61% (NOPAT -89.2m / Invested Capital 3.42b)
WACC = 9.89% (E(5.00b)/V(5.40b) * Re(10.62%)) + (D(398.5m)/V(5.40b) * Rd(1.22%) * (1-Tc(0.44)))
Shares Correlation 5-Years: 100.0 | Cagr: 8.63%
Discount Rate = 10.62% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow -23.7m)
Revenue Correlation: 47.08 | Revenue CAGR: 22.91%
Rev Growth-of-Growth: 10.03
EPS Correlation: -21.60 | EPS CAGR: 100.3%
EPS Growth-of-Growth: 171.0
Additional Sources for BTG Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle