KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KGC - CA4969024047 - Common Stock
31.24 USD
+0.34 (+1.1%)
31.324 USD
+0.08 (+0.27%)
Taking everything into account, KGC scores 6 out of 10 in our fundamental rating. KGC was compared to 157 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, KGC could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
KGC had positive earnings in the past year.
In the past year KGC had a positive cash flow from operations.
KGC had positive earnings in 4 of the past 5 years.
KGC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KGC's Return On Assets of 13.34% is amongst the best of the industry. KGC outperforms 94.27% of its industry peers.
With an excellent Return On Equity value of 20.25%, KGC belongs to the best of the industry, outperforming 93.63% of the companies in the same industry.
With an excellent Return On Invested Capital value of 13.90%, KGC belongs to the best of the industry, outperforming 89.81% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KGC is below the industry average of 10.36%.
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
KGC has a Profit Margin of 25.19%. This is amongst the best in the industry. KGC outperforms 90.45% of its industry peers.
In the last couple of years the Profit Margin of KGC has declined.
KGC has a Operating Margin of 38.20%. This is amongst the best in the industry. KGC outperforms 89.17% of its industry peers.
In the last couple of years the Operating Margin of KGC has grown nicely.
KGC has a Gross Margin of 44.10%. This is in the better half of the industry: KGC outperforms 78.34% of its industry peers.
KGC's Gross Margin has improved in the last couple of years.
| 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.
KGC has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for KGC has been reduced compared to 5 years ago.
The debt/assets ratio for KGC has been reduced compared to a year ago.
2.2 Solvency
KGC has an Altman-Z score of 6.27. This indicates that KGC is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.27, KGC is in the better half of the industry, outperforming 70.70% of the companies in the same industry.
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.
The Debt to FCF ratio of KGC (0.62) is better than 90.45% 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.
Looking at the Debt to Equity ratio, with a value of 0.16, KGC is in line with its industry, outperforming 54.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 6.27 |
ROIC/WACC1.52
WACC9.14%
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 59.24% 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.
The Quick ratio of KGC (1.45) is comparable to the rest of the industry.
| 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.
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!
Measured over the past years, KGC shows a quite strong growth in Revenue. The Revenue has been growing by 8.04% on average per year.
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 decrease by -9.53% on average over the next years.
The Revenue is expected to decrease by -4.86% on average over the next years.
EPS Next Y158.5%
EPS Next 2Y91.08%
EPS Next 3Y57.19%
EPS Next 5Y-9.53%
Revenue Next Year37.02%
Revenue Next 2Y26.46%
Revenue Next 3Y16.82%
Revenue Next 5Y-4.86%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
The Price/Earnings ratio is 22.64, which indicates a rather expensive current valuation of KGC.
Based on the Price/Earnings ratio, KGC is valued cheaper than 80.89% of the companies in the same industry.
When comparing the Price/Earnings ratio of KGC to the average of the S&P500 Index (27.19), we can say KGC is valued inline with the index average.
With a Price/Forward Earnings ratio of 12.58, KGC is valued correctly.
Based on the Price/Forward Earnings ratio, KGC is valued a bit cheaper than 77.07% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.92, KGC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.64 | ||
| Fwd PE | 12.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KGC is valued a bit cheaper than 73.89% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KGC indicates a rather cheap valuation: KGC is cheaper than 91.08% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.01 | ||
| EV/EBITDA | 11.28 |
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.
KGC's earnings are expected to grow with 57.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.14
PEG (5Y)1.52
EPS Next 2Y91.08%
EPS Next 3Y57.19%
5. Dividend
5.1 Amount
With a yearly dividend of 0.38%, KGC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.98, KGC pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.38, KGC pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
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
9.65% of the earnings are spent on dividend by KGC. This is a low number and sustainable payout ratio.
DP9.65%
EPS Next 2Y91.08%
EPS Next 3Y57.19%
31.24
+0.34 (+1.1%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.21%
Inst Owner Change0.04%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap37.71B
Revenue(TTM)6.44B
Net Income(TTM)1.53B
Analysts78.67
Price Target32.57 (4.26%)
Short Float %1.69%
Short Ratio2.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
Yearly Dividend0.12
Dividend Growth(5Y)N/A
DP9.65%
Div Incr Years0
Div Non Decr Years4
Ex-DateN/A
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)2.32%
PT rev (3m)46.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.83%
EPS NY rev (1m)3.09%
EPS NY rev (3m)17.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.57%
Revenue NY rev (3m)5.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.64 | ||
| Fwd PE | 12.58 | ||
| P/S | 6.21 | ||
| P/FCF | 19.01 | ||
| P/OCF | 12.33 | ||
| P/B | 4.99 | ||
| P/tB | 4.99 | ||
| EV/EBITDA | 11.28 |
EPS(TTM)1.38
EY4.42%
EPS(NY)2.48
Fwd EY7.95%
FCF(TTM)1.64
FCFY5.26%
OCF(TTM)2.53
OCFY8.11%
SpS5.03
BVpS6.26
TBVpS6.26
PEG (NY)0.14
PEG (5Y)1.52
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 | 6.27 |
F-Score8
WACC9.14%
ROIC/WACC1.52
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 Y158.5%
EPS Next 2Y91.08%
EPS Next 3Y57.19%
EPS Next 5Y-9.53%
Revenue 1Y (TTM)32.9%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%25.84%
Revenue Next Year37.02%
Revenue Next 2Y26.46%
Revenue Next 3Y16.82%
Revenue Next 5Y-4.86%
EBIT growth 1Y144.28%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year204.44%
EBIT Next 3Y54.94%
EBIT Next 5Y1.36%
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 6 / 10 to KGC.
What is the valuation status of KINROSS GOLD CORP (KGC) stock?
ChartMill assigns a valuation rating of 7 / 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 valuation of KINROSS GOLD CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for KINROSS GOLD CORP (KGC) is 22.64 and the Price/Book (PB) ratio is 4.99.
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%.