KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - NYSE:KGC - CA4969024047 - Common Stock
24.33 USD
+0.56 (+2.36%)
24.35 USD
+0.02 (+0.08%)
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. Both the health and profitability get an excellent rating, making KGC a very profitable company, without any liquidiy or solvency issues. A decent growth rate in combination with a cheap valuation! Better keep an eye on KGC. These ratings could make KGC a good candidate 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.
KGC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KGC has a better Return On Assets (14.08%) than 93.51% of its industry peers.
KGC's Return On Equity of 22.29% is amongst the best of the industry. KGC outperforms 94.16% of its industry peers.
KGC has a better Return On Invested Capital (14.87%) than 93.51% of its industry peers.
The Average Return On Invested Capital over the past 3 years for KGC is significantly below the industry average of 12.58%.
The 3 year average ROIC (6.23%) for KGC is below the current ROIC(14.87%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.08% | ||
| ROE | 22.29% | ||
| ROIC | 14.87% |
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's Profit Margin of 25.18% is amongst the best of the industry. KGC outperforms 88.96% of its industry peers.
KGC's Profit Margin has declined in the last couple of years.
KGC has a better Operating Margin (38.20%) than 90.26% of its industry peers.
In the last couple of years the Operating Margin of KGC has grown nicely.
With an excellent Gross Margin value of 44.10%, KGC belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
KGC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.2% | ||
| PM (TTM) | 25.18% | ||
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so KGC is creating value.
Compared to 1 year ago, KGC has about the same amount of shares outstanding.
KGC has less shares outstanding than it did 5 years ago.
KGC has a better debt/assets ratio than last year.
2.2 Solvency
KGC has an Altman-Z score of 4.91. This indicates that KGC is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 4.91, KGC is doing good in the industry, outperforming 66.88% of the companies in the same industry.
The Debt to FCF ratio of KGC is 0.72, which is an excellent value as it means it would take KGC, only 0.72 years of fcf income to pay off all of its debts.
KGC has a better Debt to FCF ratio (0.72) than 91.56% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that KGC is not too dependend on debt financing.
The Debt to Equity ratio of KGC (0.18) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.72 | ||
| Altman-Z | 4.91 |
ROIC/WACC1.8
WACC8.24%
2.3 Liquidity
A Current Ratio of 2.01 indicates that KGC has no problem at all paying its short term obligations.
KGC has a Current ratio (2.01) which is comparable to the rest of the industry.
A Quick Ratio of 0.83 indicates that KGC may have some problems paying its short term obligations.
The Quick ratio of KGC (0.83) is worse than 78.57% of its industry peers.
KGC does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 0.83 |
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 21.44% 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)21.44%
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.
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 Y139.05%
EPS Next 2Y77.71%
EPS Next 3Y46.47%
EPS Next 5Y4.56%
Revenue Next Year31.94%
Revenue Next 2Y19.64%
Revenue Next 3Y11.3%
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
Based on the Price/Earnings ratio of 17.63, the valuation of KGC can be described as rather expensive.
85.06% of the companies in the same industry are more expensive than KGC, based on the Price/Earnings ratio.
KGC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.83.
With a Price/Forward Earnings ratio of 11.33, the valuation of KGC can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KGC indicates a somewhat cheap valuation: KGC is cheaper than 76.62% 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 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.63 | ||
| Fwd PE | 11.33 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KGC indicates a somewhat cheap valuation: KGC is cheaper than 77.92% of the companies listed in the same industry.
90.26% of the companies in the same industry are more expensive than KGC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.76 | ||
| EV/EBITDA | 9.09 |
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 46.47% in the coming years.
PEG (NY)0.13
PEG (5Y)1.19
EPS Next 2Y77.71%
EPS Next 3Y46.47%
5. Dividend
5.1 Amount
With a yearly dividend of 0.49%, KGC is not a good candidate for dividend investing.
KGC's Dividend Yield is a higher than the industry average which is at 2.65.
Compared to an average S&P500 Dividend Yield of 2.39, KGC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.49% |
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 9.64% of its income as dividend. This is a sustainable payout ratio.
DP9.64%
EPS Next 2Y77.71%
EPS Next 3Y46.47%
24.33
+0.56 (+2.36%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners64%
Inst Owner Change-0.5%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap31.28B
Revenue(TTM)5.15B
Net Income(TTM)1.53B
Analysts80
Price Target24.11 (-0.9%)
Short Float %2.14%
Short Ratio1.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.49% |
Yearly Dividend0.12
Dividend Growth(5Y)N/A
DP9.64%
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)12.42%
PT rev (3m)22.93%
EPS NQ rev (1m)-0.83%
EPS NQ rev (3m)15.76%
EPS NY rev (1m)2.51%
EPS NY rev (3m)60.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.34%
Revenue NY rev (3m)7.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.63 | ||
| Fwd PE | 11.33 | ||
| P/S | 5.15 | ||
| P/FCF | 15.76 | ||
| P/OCF | 10.23 | ||
| P/B | 4.56 | ||
| P/tB | 4.56 | ||
| EV/EBITDA | 9.09 |
EPS(TTM)1.38
EY5.67%
EPS(NY)2.15
Fwd EY8.83%
FCF(TTM)1.54
FCFY6.34%
OCF(TTM)2.38
OCFY9.78%
SpS4.72
BVpS5.34
TBVpS5.34
PEG (NY)0.13
PEG (5Y)1.19
Graham Number12.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.08% | ||
| ROE | 22.29% | ||
| ROCE | 23.66% | ||
| ROIC | 14.87% | ||
| ROICexc | 15.86% | ||
| ROICexgc | 15.86% | ||
| OM | 38.2% | ||
| PM (TTM) | 25.18% | ||
| GM | 44.1% | ||
| FCFM | 32.67% |
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-Score7
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.72 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 94.78% | ||
| Cap/Sales | 17.67% | ||
| Interest Coverage | 24.34 | ||
| Cash Conversion | 88.57% | ||
| Profit Quality | 129.73% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 4.91 |
F-Score7
WACC8.24%
ROIC/WACC1.8
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 Y139.05%
EPS Next 2Y77.71%
EPS Next 3Y46.47%
EPS Next 5Y4.56%
Revenue 1Y (TTM)21.44%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%25.84%
Revenue Next Year31.94%
Revenue Next 2Y19.64%
Revenue Next 3Y11.3%
Revenue Next 5Y-4.86%
EBIT growth 1Y144.17%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year192.37%
EBIT Next 3Y51.18%
EBIT Next 5Y9.08%
FCF growth 1Y356.37%
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 139.05% 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 9.64%.