KINROSS GOLD CORP (KGC) Fundamental Analysis & Valuation

NYSE:KGC • CA4969024047

33.28 USD
+0.76 (+2.34%)
Last: Mar 10, 2026, 11:29 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This KGC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

7

Overall KGC gets a fundamental rating of 7 out of 10. We evaluated KGC against 157 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes KGC very considerable for value and quality investing!


Dividend Valuation Growth Profitability Health

9

1. KGC Profitability Analysis

1.1 Basic Checks

  • KGC had positive earnings in the past year.
  • 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.
KGC Yearly Net Income VS EBIT VS OCF VS FCFKGC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

1.2 Ratios

  • With an excellent Return On Assets value of 20.85%, KGC belongs to the best of the industry, outperforming 97.45% of the companies in the same industry.
  • With an excellent Return On Equity value of 31.64%, KGC belongs to the best of the industry, outperforming 95.54% of the companies in the same industry.
  • The Return On Invested Capital of KGC (21.75%) is better than 92.99% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for KGC is in line with the industry average of 11.53%.
  • The 3 year average ROIC (12.46%) for KGC is below the current ROIC(21.75%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 20.85%
ROE 31.64%
ROIC 21.75%
ROA(3y)10.65%
ROA(5y)5.65%
ROE(3y)16.18%
ROE(5y)8.3%
ROIC(3y)12.46%
ROIC(5y)9.59%
KGC Yearly ROA, ROE, ROICKGC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

1.3 Margins

  • KGC has a better Profit Margin (33.90%) than 92.99% of its industry peers.
  • In the last couple of years the Profit Margin of KGC has remained more or less at the same level.
  • KGC's Operating Margin of 44.84% is amongst the best of the industry. KGC outperforms 91.72% of its industry peers.
  • KGC's Operating Margin has improved in the last couple of years.
  • KGC's Gross Margin of 51.05% is amongst the best of the industry. KGC outperforms 84.08% of its industry peers.
  • In the last couple of years the Gross Margin of KGC has grown nicely.
Industry RankSector Rank
OM 44.84%
PM (TTM) 33.9%
GM 51.05%
OM growth 3Y36.54%
OM growth 5Y7.04%
PM growth 3YN/A
PM growth 5Y1.25%
GM growth 3Y26.79%
GM growth 5Y5.51%
KGC Yearly Profit, Operating, Gross MarginsKGC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. KGC Health Analysis

2.1 Basic Checks

  • KGC has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • Compared to 1 year ago, KGC has less shares outstanding
  • Compared to 5 years ago, KGC has less shares outstanding
  • Compared to 1 year ago, KGC has an improved debt to assets ratio.
KGC Yearly Shares OutstandingKGC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
KGC Yearly Total Debt VS Total AssetsKGC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • KGC has an Altman-Z score of 6.80. This indicates that KGC is financially healthy and has little risk of bankruptcy at the moment.
  • With a decent Altman-Z score value of 6.80, KGC is doing good in the industry, outperforming 70.06% of the companies in the same industry.
  • KGC has a debt to FCF ratio of 0.48. This is a very positive value and a sign of high solvency as it would only need 0.48 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 0.48, KGC belongs to the best of the industry, outperforming 92.36% of the companies in the same industry.
  • A Debt/Equity ratio of 0.16 indicates that KGC is not too dependend on debt financing.
  • KGC has a Debt to Equity ratio (0.16) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 0.48
Altman-Z 6.8
ROIC/WACC2.14
WACC10.18%
KGC Yearly LT Debt VS Equity VS FCFKGC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 2.84 indicates that KGC has no problem at all paying its short term obligations.
  • KGC has a Current ratio (2.84) which is in line with its industry peers.
  • 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 has a Quick ratio (1.45) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 2.84
Quick Ratio 1.45
KGC Yearly Current Assets VS Current LiabilitesKGC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. KGC Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 172.06% over the past year.
  • KGC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.16% yearly.
  • The Revenue has grown by 36.95% in the past year. This is a very strong growth!
  • KGC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.85% yearly.
EPS 1Y (TTM)172.06%
EPS 3Y100.36%
EPS 5Y19.16%
EPS Q2Q%235%
Revenue 1Y (TTM)36.95%
Revenue growth 3Y26.84%
Revenue growth 5Y10.85%
Sales Q2Q%42.89%

3.2 Future

  • The Earnings Per Share is expected to grow by 0.56% on average over the next years.
  • The Revenue is expected to decrease by -9.94% on average over the next years.
EPS Next Y63.28%
EPS Next 2Y31.23%
EPS Next 3Y13.98%
EPS Next 5Y0.56%
Revenue Next Year34.77%
Revenue Next 2Y15.32%
Revenue Next 3Y6.64%
Revenue Next 5Y-9.94%

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.
KGC Yearly Revenue VS EstimatesKGC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B
KGC Yearly EPS VS EstimatesKGC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

8

4. KGC Valuation Analysis

4.1 Price/Earnings Ratio

  • KGC is valuated rather expensively with a Price/Earnings ratio of 17.99.
  • KGC's Price/Earnings ratio is rather cheap when compared to the industry. KGC is cheaper than 85.35% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.45, KGC is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 11.02, which indicates a very decent valuation of KGC.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of KGC indicates a rather cheap valuation: KGC is cheaper than 80.89% of the companies listed in the same industry.
  • KGC is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.65, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 17.99
Fwd PE 11.02
KGC Price Earnings VS Forward Price EarningsKGC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, KGC is valued cheaper than 83.44% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, KGC is valued cheaply inside the industry as 94.90% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 15.56
EV/EBITDA 9.17
KGC Per share dataKGC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

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 13.98% in the coming years.
PEG (NY)0.28
PEG (5Y)0.94
EPS Next 2Y31.23%
EPS Next 3Y13.98%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. KGC Dividend Analysis

5.1 Amount

  • KGC has a yearly dividend return of 0.36%, which is pretty low.
  • Compared to an average industry Dividend Yield of 1.06, KGC pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.36, KGC pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.36%

5.2 History

  • The dividend of KGC is nicely growing with an annual growth rate of 15.81%!
  • 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)15.81%
Div Incr Years0
Div Non Decr Years4
KGC Yearly Dividends per shareKGC Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2024 2025 2026 0.02 0.04 0.06 0.08 0.1

5.3 Sustainability

  • KGC pays out 6.36% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of KGC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP6.36%
EPS Next 2Y31.23%
EPS Next 3Y13.98%
KGC Yearly Income VS Free CF VS DividendKGC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B
KGC Dividend Payout.KGC Dividend Payout, showing the Payout Ratio.KGC Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

KGC Fundamentals: All Metrics, Ratios and Statistics

KINROSS GOLD CORP

NYSE:KGC (3/10/2026, 11:29:10 AM)

33.28

+0.76 (+2.34%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-18
Earnings (Next)04-29
Inst Owners66.57%
Inst Owner Change-2.69%
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap39.93B
Revenue(TTM)7.05B
Net Income(TTM)2.39B
Analysts78.67
Price Target44.04 (32.33%)
Short Float %1.6%
Short Ratio1.73
Dividend
Industry RankSector Rank
Dividend Yield 0.36%
Yearly Dividend0.13
Dividend Growth(5Y)15.81%
DP6.36%
Div Incr Years0
Div Non Decr Years4
Ex-Date03-11
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.76%
Min EPS beat(2)11.36%
Max EPS beat(2)20.16%
EPS beat(4)4
Avg EPS beat(4)26.57%
Min EPS beat(4)11.36%
Max EPS beat(4)46.17%
EPS beat(8)7
Avg EPS beat(8)21.53%
EPS beat(12)11
Avg EPS beat(12)28.36%
EPS beat(16)12
Avg EPS beat(16)16.6%
Revenue beat(2)1
Avg Revenue beat(2)5.19%
Min Revenue beat(2)-0.25%
Max Revenue beat(2)10.63%
Revenue beat(4)3
Avg Revenue beat(4)25730.6%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)102892%
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)19.37%
PT rev (3m)38.35%
EPS NQ rev (1m)7.47%
EPS NQ rev (3m)20.15%
EPS NY rev (1m)24.02%
EPS NY rev (3m)35.42%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)16.03%
Revenue NY rev (3m)15.83%
Valuation
Industry RankSector Rank
PE 17.99
Fwd PE 11.02
P/S 5.66
P/FCF 15.56
P/OCF 10.62
P/B 5.29
P/tB 5.29
EV/EBITDA 9.17
EPS(TTM)1.85
EY5.56%
EPS(NY)3.02
Fwd EY9.08%
FCF(TTM)2.14
FCFY6.43%
OCF(TTM)3.13
OCFY9.42%
SpS5.88
BVpS6.3
TBVpS6.3
PEG (NY)0.28
PEG (5Y)0.94
Graham Number16.19
Profitability
Industry RankSector Rank
ROA 20.85%
ROE 31.64%
ROCE 30.12%
ROIC 21.75%
ROICexc 24.39%
ROICexgc 24.39%
OM 44.84%
PM (TTM) 33.9%
GM 51.05%
FCFM 36.4%
ROA(3y)10.65%
ROA(5y)5.65%
ROE(3y)16.18%
ROE(5y)8.3%
ROIC(3y)12.46%
ROIC(5y)9.59%
ROICexc(3y)14.08%
ROICexc(5y)10.7%
ROICexgc(3y)14.08%
ROICexgc(5y)10.72%
ROCE(3y)17.25%
ROCE(5y)13.29%
ROICexgc growth 3Y72%
ROICexgc growth 5Y15.82%
ROICexc growth 3Y72%
ROICexc growth 5Y16.26%
OM growth 3Y36.54%
OM growth 5Y7.04%
PM growth 3YN/A
PM growth 5Y1.25%
GM growth 3Y26.79%
GM growth 5Y5.51%
F-Score9
Asset Turnover0.62
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 0.48
Debt/EBITDA 0.29
Cap/Depr 108.07%
Cap/Sales 16.94%
Interest Coverage 37.19
Cash Conversion 88.14%
Profit Quality 107.37%
Current Ratio 2.84
Quick Ratio 1.45
Altman-Z 6.8
F-Score9
WACC10.18%
ROIC/WACC2.14
Cap/Depr(3y)104.37%
Cap/Depr(5y)104.44%
Cap/Sales(3y)21.24%
Cap/Sales(5y)22.2%
Profit Quality(3y)124.55%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)172.06%
EPS 3Y100.36%
EPS 5Y19.16%
EPS Q2Q%235%
EPS Next Y63.28%
EPS Next 2Y31.23%
EPS Next 3Y13.98%
EPS Next 5Y0.56%
Revenue 1Y (TTM)36.95%
Revenue growth 3Y26.84%
Revenue growth 5Y10.85%
Sales Q2Q%42.89%
Revenue Next Year34.77%
Revenue Next 2Y15.32%
Revenue Next 3Y6.64%
Revenue Next 5Y-9.94%
EBIT growth 1Y115.63%
EBIT growth 3Y73.19%
EBIT growth 5Y18.65%
EBIT Next Year105.63%
EBIT Next 3Y22.52%
EBIT Next 5Y-11.93%
FCF growth 1Y87.2%
FCF growth 3Y107.83%
FCF growth 5Y19.76%
OCF growth 1Y53.72%
OCF growth 3Y52.99%
OCF growth 5Y13.95%

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 of KINROSS GOLD CORP (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 9 / 10.


What is the valuation of KINROSS GOLD CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for KINROSS GOLD CORP (KGC) is 17.99 and the Price/Book (PB) ratio is 5.29.


Is the dividend of KINROSS GOLD CORP sustainable?

The dividend rating of KINROSS GOLD CORP (KGC) is 5 / 10 and the dividend payout ratio is 6.36%.