KINROSS GOLD CORP (KGC) Fundamental Analysis & Valuation
NYSE:KGC • CA4969024047
Current stock price
32.79 USD
+0.67 (+2.09%)
At close:
32.8 USD
+0.01 (+0.03%)
After Hours:
This KGC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. KGC Profitability Analysis
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.
- Each year in the past 5 years KGC had a positive operating cash flow.
1.2 Ratios
- KGC has a Return On Assets of 20.85%. This is amongst the best in the industry. KGC outperforms 98.16% of its industry peers.
- The Return On Equity of KGC (31.64%) is better than 96.32% of its industry peers.
- KGC has a better Return On Invested Capital (21.75%) than 92.02% of its industry peers.
- KGC had an Average Return On Invested Capital over the past 3 years of 12.46%. This is significantly below the industry average of 58.81%.
- The last Return On Invested Capital (21.75%) for KGC is above the 3 year average (12.46%), which is a sign of increasing profitability.
| Industry Rank | Sector 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%
1.3 Margins
- The Profit Margin of KGC (33.90%) is better than 92.02% of its industry peers.
- KGC's Profit Margin has been stable in the last couple of years.
- With an excellent Operating Margin value of 44.84%, KGC belongs to the best of the industry, outperforming 91.41% of the companies in the same industry.
- KGC's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 51.05%, KGC belongs to the top of the industry, outperforming 80.98% of the companies in the same industry.
- In the last couple of years the Gross Margin of KGC has grown nicely.
| Industry Rank | Sector 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%
2. KGC Health Analysis
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.
- KGC has less 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
- An Altman-Z score of 6.72 indicates that KGC is not in any danger for bankruptcy at the moment.
- KGC's Altman-Z score of 6.72 is fine compared to the rest of the industry. KGC outperforms 72.39% of its industry peers.
- 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.
- KGC has a better Debt to FCF ratio (0.48) than 90.80% 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 49.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.48 | ||
| Altman-Z | 6.72 |
ROIC/WACC1.78
WACC12.21%
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.
- Looking at the Current ratio, with a value of 2.84, KGC is in line with its industry, outperforming 55.21% 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.
- Looking at the Quick ratio, with a value of 1.45, KGC is in line with its industry, outperforming 46.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.45 |
3. KGC Growth Analysis
3.1 Past
- KGC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 172.06%, 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 19.16% yearly.
- KGC shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.95%.
- The Revenue has been growing by 10.85% on average over the past years. This is quite good.
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
- KGC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.56% yearly.
- The Revenue is expected to decrease by -9.95% on average over the next years.
EPS Next Y71.97%
EPS Next 2Y35.98%
EPS Next 3Y16.5%
EPS Next 5Y0.56%
Revenue Next Year40.33%
Revenue Next 2Y20.02%
Revenue Next 3Y8.86%
Revenue Next 5Y-9.95%
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. KGC Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 17.72, KGC is valued on the expensive side.
- Based on the Price/Earnings ratio, KGC is valued cheaply inside the industry as 84.05% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.42, KGC is valued a bit cheaper.
- A Price/Forward Earnings ratio of 10.31 indicates a reasonable valuation of KGC.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of KGC indicates a somewhat cheap valuation: KGC is cheaper than 79.14% of the companies listed in the same industry.
- KGC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.72 | ||
| Fwd PE | 10.31 |
4.2 Price Multiples
- 79.75% of the companies in the same industry are more expensive than KGC, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of KGC indicates a rather cheap valuation: KGC is cheaper than 94.48% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.3 | ||
| EV/EBITDA | 9.04 |
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 16.50% in the coming years.
PEG (NY)0.25
PEG (5Y)0.92
EPS Next 2Y35.98%
EPS Next 3Y16.5%
5. KGC Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.35%, KGC is not a good candidate for dividend investing.
- 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 0.35, KGC pays less dividend than the S&P500 average, which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.35% |
5.2 History
- On average, the dividend of KGC grows each year by 15.81%, which is quite nice.
- 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 past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)15.81%
Div Incr Years1
Div Non Decr Years5
5.3 Sustainability
- 6.36% of the earnings are spent on dividend by KGC. This is a low number and 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 2Y35.98%
EPS Next 3Y16.5%
KGC Fundamentals: All Metrics, Ratios and Statistics
32.79
+0.67 (+2.09%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-18 2026-02-18/amc
Earnings (Next)04-29 2026-04-29
Inst Owners66.44%
Inst Owner Change0.34%
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap39.27B
Revenue(TTM)7.05B
Net Income(TTM)2.39B
Analysts80
Price Target46.59 (42.09%)
Short Float %1.47%
Short Ratio1.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.35% |
Yearly Dividend0.13
Dividend Growth(5Y)15.81%
DP6.36%
Div Incr Years1
Div Non Decr Years5
Ex-Date03-11 2026-03-11 (0.04)
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)5.79%
PT rev (3m)44.03%
EPS NQ rev (1m)3.06%
EPS NQ rev (3m)30.74%
EPS NY rev (1m)5.32%
EPS NY rev (3m)28.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)4.18%
Revenue NY rev (3m)20.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.72 | ||
| Fwd PE | 10.31 | ||
| P/S | 5.57 | ||
| P/FCF | 15.3 | ||
| P/OCF | 10.44 | ||
| P/B | 5.2 | ||
| P/tB | 5.2 | ||
| EV/EBITDA | 9.04 |
EPS(TTM)1.85
EY5.64%
EPS(NY)3.18
Fwd EY9.7%
FCF(TTM)2.14
FCFY6.54%
OCF(TTM)3.14
OCFY9.58%
SpS5.89
BVpS6.31
TBVpS6.31
PEG (NY)0.25
PEG (5Y)0.92
Graham Number16.2033 (-50.58%)
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 6.72 |
F-Score9
WACC12.21%
ROIC/WACC1.78
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 Y71.97%
EPS Next 2Y35.98%
EPS Next 3Y16.5%
EPS Next 5Y0.56%
Revenue 1Y (TTM)36.95%
Revenue growth 3Y26.84%
Revenue growth 5Y10.85%
Sales Q2Q%42.89%
Revenue Next Year40.33%
Revenue Next 2Y20.02%
Revenue Next 3Y8.86%
Revenue Next 5Y-9.95%
EBIT growth 1Y115.63%
EBIT growth 3Y73.19%
EBIT growth 5Y18.65%
EBIT Next Year108.38%
EBIT Next 3Y23.46%
EBIT Next 5Y-12.33%
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 Fundamental Analysis 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.
Can you provide the profitability details for KINROSS GOLD CORP?
KINROSS GOLD CORP (KGC) has a profitability rating of 8 / 10.
What is the financial health of KINROSS GOLD CORP (KGC) stock?
The financial health rating of KINROSS GOLD CORP (KGC) is 7 / 10.
Can you provide the dividend sustainability for KGC stock?
The dividend rating of KINROSS GOLD CORP (KGC) is 5 / 10 and the dividend payout ratio is 6.36%.