B2Gold Corp (BTG) vs Silver Standard Resources Inc. (SSRM)

B2Gold Corp and Silver Standard Resources Inc. are both Gold companies. B2Gold Corp and Silver Standard Resources Inc. are of similar size ($7.3B and $7.0B). B2Gold Corp trades at the lower P/E: 9.0× against 30.8×. B2Gold Corp grew revenue faster over the last twelve months: 74.2% against 48.4%. B2Gold Corp has the higher net margin (21.3% vs 12.3%) and the higher return on invested capital (28.8% vs 27.2%). Both pay a dividend; B2Gold Corp yields more (6.34% vs 2.93%). Across the 23 metrics below, B2Gold Corp leads on 15 and Silver Standard Resources Inc. on 8.

Valuation

Metric BTG SSRM Gold median
P/E 9.02 30.78 23.34
P/S 1.93 3.84 5.02
P/B 1.82 2.19 3.53
Price to free cash flow 15.96 23.16 16.73
EV/EBITDA 3.04 7.37 8.34
EV/Sales 1.98 3.05 4.92
Earnings yield 11.09% 3.25% 1.44%
Free cash flow yield 6.26% 4.32% 0.75%

Profitability

Metric BTG SSRM Gold median
Gross margin 49.13% 62.63% 50.00%
Operating margin 51.07% 35.11% 26.32%
Net margin 21.33% 12.30% 12.30%
Free cash flow margin 12.08% 16.59% 0.00%
Return on equity 22.05% 6.36% 6.36%
Return on assets 14.60% 4.72% 0.00%
Return on invested capital 28.76% 27.23% 0.52%

Growth

Metric BTG SSRM Gold median
Revenue growth (TTM) 74.23% 48.40% 68.15%
EPS growth (last fiscal year) 158.33% 243.41% —
Revenue growth, 5-year CAGR 11.34% 13.82% 16.12%
Net income growth, 5-year CAGR (8.54%) 21.17% 0.00%

Health

Metric BTG SSRM Gold median
Debt to equity 0.12 0.00 0.10
Current ratio 1.58 9.79 3.08
Net debt to EBITDA 0.12 (0.36) 0.00

Dividend

Metric BTG SSRM Gold median
Dividend yield 6.34% 2.93% 1.49%
Payout ratio 0.59 0.35 0.00

Size

Metric BTG SSRM Gold median
Market cap 7.03b 7.30b 1.96b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack