KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KGC - CA4969024047 - Common Stock
28.34 USD
+0.23 (+0.82%)
27.9 USD
-0.44 (-1.55%)
KGC gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. KGC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. KGC is valued quite cheap, while showing a decent growth score. This is a good combination! This makes KGC very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year KGC was profitable.
In the past year KGC had a positive cash flow from operations.
Of the past 5 years KGC 4 years were profitable.
Each year in the past 5 years KGC had a positive operating cash flow.
1.2 Ratios
KGC's Return On Assets of 13.34% is amongst the best of the industry. KGC outperforms 92.86% of its industry peers.
Looking at the Return On Equity, with a value of 20.25%, KGC belongs to the top of the industry, outperforming 92.21% of the companies in the same industry.
KGC's Return On Invested Capital of 13.90% is amongst the best of the industry. KGC outperforms 90.26% of its industry peers.
The Average Return On Invested Capital over the past 3 years for KGC is significantly below the industry average of 13.20%.
The 3 year average ROIC (6.23%) for KGC is below the current ROIC(13.90%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.34% | ||
| ROE | 20.25% | ||
| ROIC | 13.9% |
ROA(3y)2.29%
ROA(5y)4.25%
ROE(3y)3.43%
ROE(5y)6.8%
ROIC(3y)6.23%
ROIC(5y)6.54%
1.3 Margins
KGC has a Profit Margin of 25.19%. This is amongst the best in the industry. KGC outperforms 90.26% of its industry peers.
In the last couple of years the Profit Margin of KGC has declined.
Looking at the Operating Margin, with a value of 38.20%, KGC belongs to the top of the industry, outperforming 89.61% of the companies in the same industry.
In the last couple of years the Operating Margin of KGC has grown nicely.
KGC's Gross Margin of 44.10% is fine compared to the rest of the industry. KGC outperforms 79.22% of its industry peers.
In the last couple of years the Gross Margin of KGC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.2% | ||
| PM (TTM) | 25.19% | ||
| GM | 44.1% |
OM growth 3Y9.12%
OM growth 5Y8.75%
PM growth 3Y45.92%
PM growth 5Y-2.15%
GM growth 3Y3.98%
GM growth 5Y4.42%
2. Health
2.1 Basic Checks
KGC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for KGC remains at a similar level compared to 1 year ago.
Compared to 5 years ago, KGC has less shares outstanding
KGC has a better debt/assets ratio than last year.
2.2 Solvency
KGC has an Altman-Z score of 5.74. This indicates that KGC is financially healthy and has little risk of bankruptcy at the moment.
KGC's Altman-Z score of 5.74 is fine compared to the rest of the industry. KGC outperforms 67.53% of its industry peers.
KGC has a debt to FCF ratio of 0.62. This is a very positive value and a sign of high solvency as it would only need 0.62 years to pay back of all of its debts.
KGC has a better Debt to FCF ratio (0.62) than 91.56% of its industry peers.
A Debt/Equity ratio of 0.16 indicates that KGC is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.16, KGC perfoms like the industry average, outperforming 53.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 5.74 |
ROIC/WACC1.58
WACC8.79%
2.3 Liquidity
A Current Ratio of 2.84 indicates that KGC has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.84, KGC is in line with its industry, outperforming 57.79% of the companies in the same industry.
KGC has a Quick Ratio of 1.45. This is a normal value and indicates that KGC is financially healthy and should not expect problems in meeting its short term obligations.
KGC's Quick ratio of 1.45 is in line compared to the rest of the industry. KGC outperforms 45.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 133.90% over the past year.
The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
Looking at the last year, KGC shows a very strong growth in Revenue. The Revenue has grown by 32.90%.
The Revenue has been growing by 8.04% on average over the past years. This is quite good.
EPS 1Y (TTM)133.9%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%83.33%
Revenue 1Y (TTM)32.9%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%25.84%
3.2 Future
The Earnings Per Share is expected to grow by 2.16% on average over the next years.
Based on estimates for the next years, KGC will show a decrease in Revenue. The Revenue will decrease by -4.86% on average per year.
EPS Next Y151.89%
EPS Next 2Y83.97%
EPS Next 3Y51.22%
EPS Next 5Y2.16%
Revenue Next Year35.4%
Revenue Next 2Y23.06%
Revenue Next 3Y14.33%
Revenue Next 5Y-4.86%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 20.54 indicates a rather expensive valuation of KGC.
78.57% of the companies in the same industry are more expensive than KGC, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.11, KGC is valued a bit cheaper.
With a Price/Forward Earnings ratio of 12.31, KGC is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KGC indicates a somewhat cheap valuation: KGC is cheaper than 75.32% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, KGC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.54 | ||
| Fwd PE | 12.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KGC is valued a bit cheaper than 71.43% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KGC is valued cheaply inside the industry as 90.26% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.25 | ||
| EV/EBITDA | 10.27 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of KGC may justify a higher PE ratio.
A more expensive valuation may be justified as KGC's earnings are expected to grow with 51.22% in the coming years.
PEG (NY)0.14
PEG (5Y)1.38
EPS Next 2Y83.97%
EPS Next 3Y51.22%
5. Dividend
5.1 Amount
KGC has a yearly dividend return of 0.43%, which is pretty low.
KGC's Dividend Yield is a higher than the industry average which is at 2.60.
With a Dividend Yield of 0.43, KGC pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
KGC has paid a dividend for at least 10 years, which is a reliable track record.
KGC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
KGC pays out 9.65% of its income as dividend. This is a sustainable payout ratio.
DP9.65%
EPS Next 2Y83.97%
EPS Next 3Y51.22%
28.34
+0.23 (+0.82%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners64%
Inst Owner Change0.96%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap34.21B
Revenue(TTM)6.44B
Net Income(TTM)1.53B
Analysts80
Price Target29.79 (5.12%)
Short Float %1.81%
Short Ratio1.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend0.12
Dividend Growth(5Y)N/A
DP9.65%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)37.38%
Min EPS beat(2)28.59%
Max EPS beat(2)46.17%
EPS beat(4)3
Avg EPS beat(4)20.46%
Min EPS beat(4)-18.81%
Max EPS beat(4)46.17%
EPS beat(8)7
Avg EPS beat(8)21.33%
EPS beat(12)10
Avg EPS beat(12)25.78%
EPS beat(16)12
Avg EPS beat(16)18.03%
Revenue beat(2)2
Avg Revenue beat(2)51455.9%
Min Revenue beat(2)20.12%
Max Revenue beat(2)102892%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)33.53%
PT rev (3m)42.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.68%
EPS NY rev (1m)11.3%
EPS NY rev (3m)16.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)4.32%
Revenue NY rev (3m)4.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.54 | ||
| Fwd PE | 12.31 | ||
| P/S | 5.63 | ||
| P/FCF | 17.25 | ||
| P/OCF | 11.19 | ||
| P/B | 4.53 | ||
| P/tB | 4.53 | ||
| EV/EBITDA | 10.27 |
EPS(TTM)1.38
EY4.87%
EPS(NY)2.3
Fwd EY8.12%
FCF(TTM)1.64
FCFY5.8%
OCF(TTM)2.53
OCFY8.94%
SpS5.03
BVpS6.26
TBVpS6.26
PEG (NY)0.14
PEG (5Y)1.38
Graham Number13.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.34% | ||
| ROE | 20.25% | ||
| ROCE | 22.11% | ||
| ROIC | 13.9% | ||
| ROICexc | 13.9% | ||
| ROICexgc | 13.9% | ||
| OM | 38.2% | ||
| PM (TTM) | 25.19% | ||
| GM | 44.1% | ||
| FCFM | 32.66% |
ROA(3y)2.29%
ROA(5y)4.25%
ROE(3y)3.43%
ROE(5y)6.8%
ROIC(3y)6.23%
ROIC(5y)6.54%
ROICexc(3y)6.62%
ROICexc(5y)7.08%
ROICexgc(3y)6.62%
ROICexgc(5y)7.14%
ROCE(3y)9.92%
ROCE(5y)10.4%
ROICexgc growth 3Y20.62%
ROICexgc growth 5Y13.48%
ROICexc growth 3Y21.33%
ROICexc growth 5Y13.94%
OM growth 3Y9.12%
OM growth 5Y8.75%
PM growth 3Y45.92%
PM growth 5Y-2.15%
GM growth 3Y3.98%
GM growth 5Y4.42%
F-Score8
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 94.83% | ||
| Cap/Sales | 17.68% | ||
| Interest Coverage | 24.3 | ||
| Cash Conversion | 88.56% | ||
| Profit Quality | 129.68% | ||
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z | 5.74 |
F-Score8
WACC8.79%
ROIC/WACC1.58
Cap/Depr(3y)100.83%
Cap/Depr(5y)104.58%
Cap/Sales(3y)22.97%
Cap/Sales(5y)23.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)133.9%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%83.33%
EPS Next Y151.89%
EPS Next 2Y83.97%
EPS Next 3Y51.22%
EPS Next 5Y2.16%
Revenue 1Y (TTM)32.9%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%25.84%
Revenue Next Year35.4%
Revenue Next 2Y23.06%
Revenue Next 3Y14.33%
Revenue Next 5Y-4.86%
EBIT growth 1Y144.28%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year200.35%
EBIT Next 3Y52.07%
EBIT Next 5Y8.8%
FCF growth 1Y356.23%
FCF growth 3Y91.05%
FCF growth 5Y62.85%
OCF growth 1Y110.57%
OCF growth 3Y29.17%
OCF growth 5Y14.84%
KINROSS GOLD CORP / KGC FAQ
Can you provide the ChartMill fundamental rating for KINROSS GOLD CORP?
ChartMill assigns a fundamental rating of 7 / 10 to KGC.
What is the valuation status for KGC stock?
ChartMill assigns a valuation rating of 8 / 10 to KINROSS GOLD CORP (KGC). This can be considered as Undervalued.
How profitable is KINROSS GOLD CORP (KGC) stock?
KINROSS GOLD CORP (KGC) has a profitability rating of 8 / 10.
What is the expected EPS growth for KINROSS GOLD CORP (KGC) stock?
The Earnings per Share (EPS) of KINROSS GOLD CORP (KGC) is expected to grow by 151.89% in the next year.
Is the dividend of KINROSS GOLD CORP sustainable?
The dividend rating of KINROSS GOLD CORP (KGC) is 4 / 10 and the dividend payout ratio is 9.65%.