KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - NYSE:KGC - CA4969024047 - Common Stock
24.39 USD
+0.17 (+0.7%)
24.5 USD
+0.11 (+0.45%)
Taking everything into account, KGC scores 7 out of 10 in our fundamental rating. KGC was compared to 154 industry peers in the Metals & Mining industry. KGC scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 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.
KGC had a positive operating cash flow in the past year.
KGC had positive earnings in 4 of the past 5 years.
In the past 5 years KGC always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 13.34%, KGC belongs to the best of the industry, outperforming 93.51% of the companies in the same industry.
KGC has a better Return On Equity (20.25%) than 92.86% of its industry peers.
The Return On Invested Capital of KGC (13.90%) is better than 90.91% of its industry peers.
KGC had an Average Return On Invested Capital over the past 3 years of 6.23%. This is significantly below the industry average of 12.85%.
The last Return On Invested Capital (13.90%) for KGC is above the 3 year average (6.23%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 25.19%, KGC belongs to the top of the industry, outperforming 90.26% of the companies in the same industry.
KGC's Profit Margin has declined in the last couple of years.
KGC has a Operating Margin of 38.20%. This is amongst the best in the industry. KGC outperforms 89.61% of its industry peers.
KGC's Operating Margin has improved in the last couple of years.
KGC's Gross Margin of 44.10% is fine compared to the rest of the industry. KGC outperforms 79.87% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KGC is creating some value.
The number of shares outstanding for KGC remains at a similar level compared to 1 year ago.
KGC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, KGC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.26 indicates that KGC is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.26, KGC is in the better half of the industry, outperforming 67.53% of the companies in the same industry.
The Debt to FCF ratio of KGC is 0.62, which is an excellent value as it means it would take KGC, only 0.62 years of fcf income to pay off all of its debts.
KGC has a Debt to FCF ratio of 0.62. This is amongst the best in the industry. KGC outperforms 91.56% of its industry peers.
KGC has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
KGC's Debt to Equity ratio of 0.16 is in line compared to the rest of the industry. KGC outperforms 51.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 5.26 |
ROIC/WACC1.62
WACC8.57%
2.3 Liquidity
KGC has a Current Ratio of 2.84. This indicates that KGC is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.84, KGC perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
A Quick Ratio of 1.45 indicates that KGC should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.45, KGC is in line with its industry, outperforming 44.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
KGC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 133.90%, which is quite impressive.
KGC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.87% yearly.
The Revenue has grown by 32.90% in the past year. This is a very strong growth!
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
KGC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.56% yearly.
The Revenue is expected to decrease by -4.86% on average over the next years.
EPS Next Y130.19%
EPS Next 2Y67.82%
EPS Next 3Y35.73%
EPS Next 5Y4.56%
Revenue Next Year31.04%
Revenue Next 2Y18.93%
Revenue Next 3Y11.08%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.67 indicates a rather expensive valuation of KGC.
Compared to the rest of the industry, the Price/Earnings ratio of KGC indicates a rather cheap valuation: KGC is cheaper than 82.47% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.45, KGC is valued a bit cheaper.
The Price/Forward Earnings ratio is 12.74, which indicates a correct valuation of KGC.
Based on the Price/Forward Earnings ratio, KGC is valued a bit cheaper than the industry average as 67.53% of the companies are valued more expensively.
KGC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.67 | ||
| Fwd PE | 12.74 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KGC is valued a bit cheaper than the industry average as 73.38% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, KGC is valued cheaper than 89.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.81 | ||
| EV/EBITDA | 9.38 |
4.3 Compensation for Growth
KGC's 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 35.73% in the coming years.
PEG (NY)0.14
PEG (5Y)1.19
EPS Next 2Y67.82%
EPS Next 3Y35.73%
5. Dividend
5.1 Amount
KGC has a yearly dividend return of 0.46%, which is pretty low.
KGC's Dividend Yield is a higher than the industry average which is at 2.63.
Compared to an average S&P500 Dividend Yield of 2.45, KGC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
5.2 History
KGC has been paying a dividend for at least 10 years, so it has 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
9.65% of the earnings are spent on dividend by KGC. This is a low number and sustainable payout ratio.
DP9.65%
EPS Next 2Y67.82%
EPS Next 3Y35.73%
24.39
+0.17 (+0.7%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners64%
Inst Owner Change0.94%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap31.35B
Revenue(TTM)6.44B
Net Income(TTM)1.53B
Analysts80
Price Target23.98 (-1.68%)
Short Float %1.81%
Short Ratio1.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
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)7.5%
PT rev (3m)7.73%
EPS NQ rev (1m)-2.08%
EPS NQ rev (3m)0.68%
EPS NY rev (1m)4.27%
EPS NY rev (3m)63.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)1.3%
Revenue NY rev (3m)8.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.67 | ||
| Fwd PE | 12.74 | ||
| P/S | 5.16 | ||
| P/FCF | 15.81 | ||
| P/OCF | 10.26 | ||
| P/B | 4.15 | ||
| P/tB | 4.15 | ||
| EV/EBITDA | 9.38 |
EPS(TTM)1.38
EY5.66%
EPS(NY)1.92
Fwd EY7.85%
FCF(TTM)1.54
FCFY6.33%
OCF(TTM)2.38
OCFY9.75%
SpS4.72
BVpS5.88
TBVpS5.88
PEG (NY)0.14
PEG (5Y)1.19
Graham Number13.51
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 | 5.26 |
F-Score8
WACC8.57%
ROIC/WACC1.62
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 Y130.19%
EPS Next 2Y67.82%
EPS Next 3Y35.73%
EPS Next 5Y4.56%
Revenue 1Y (TTM)32.9%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%25.84%
Revenue Next Year31.04%
Revenue Next 2Y18.93%
Revenue Next 3Y11.08%
Revenue Next 5Y-4.86%
EBIT growth 1Y144.28%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year183.48%
EBIT Next 3Y41.68%
EBIT Next 5Y9.08%
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 130.19% 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%.