KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KGC - CA4969024047 - Common Stock
27.92 USD
-0.63 (-2.21%)
27.91 USD
-0.01 (-0.04%)
We assign a fundamental rating of 7 out of 10 to KGC. KGC was compared to 155 industry peers in the Metals & Mining industry. KGC gets an excellent profitability rating and is at the same time showing great financial health properties. 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.
Each year in the past 5 years KGC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 13.34%, KGC belongs to the top of the industry, outperforming 92.90% of the companies in the same industry.
The Return On Equity of KGC (20.25%) is better than 92.26% of its industry peers.
Looking at the Return On Invested Capital, with a value of 13.90%, KGC belongs to the top of the industry, outperforming 89.68% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KGC is significantly below the industry average of 13.15%.
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 90.32% of its industry peers.
KGC's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 38.20%, KGC belongs to the best of the industry, outperforming 89.03% of the companies in the same industry.
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 78.06% 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.
Compared to 1 year ago, KGC has about the same amount of shares outstanding.
The number of shares outstanding for KGC has been reduced compared to 5 years ago.
KGC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.66 indicates that KGC is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.66, KGC is in the better half of the industry, outperforming 67.74% 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.
KGC's Debt to FCF ratio of 0.62 is amongst the best of the industry. KGC outperforms 90.32% 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 54.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 5.66 |
ROIC/WACC1.49
WACC9.3%
2.3 Liquidity
A Current Ratio of 2.84 indicates that KGC has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.84, KGC is in line with its industry, outperforming 57.42% 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.
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
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.
The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 2.16% on average over the next years.
KGC is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.86% yearly.
EPS Next Y150.74%
EPS Next 2Y81.12%
EPS Next 3Y49.87%
EPS Next 5Y2.16%
Revenue Next Year36.24%
Revenue Next 2Y26.18%
Revenue Next 3Y16.36%
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
KGC is valuated rather expensively with a Price/Earnings ratio of 20.23.
Compared to the rest of the industry, the Price/Earnings ratio of KGC indicates a rather cheap valuation: KGC is cheaper than 82.58% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.54, KGC is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 12.52, the valuation of KGC can be described as correct.
Based on the Price/Forward Earnings ratio, KGC is valued a bit cheaper than the industry average as 76.13% of the companies are valued more expensively.
KGC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.23 | ||
| Fwd PE | 12.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KGC is valued a bit cheaper than the industry average as 74.19% of the companies are valued more expensively.
KGC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. KGC is cheaper than 91.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.99 | ||
| EV/EBITDA | 10.12 |
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 49.87% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.13
PEG (5Y)1.36
EPS Next 2Y81.12%
EPS Next 3Y49.87%
5. Dividend
5.1 Amount
KGC has a yearly dividend return of 0.41%, which is pretty low.
KGC's Dividend Yield is a higher than the industry average which is at 1.17.
Compared to an average S&P500 Dividend Yield of 1.96, KGC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
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 9.65% of its income as dividend. This is a sustainable payout ratio.
DP9.65%
EPS Next 2Y81.12%
EPS Next 3Y49.87%
27.92
-0.63 (-2.21%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.23%
Inst Owner Change0.99%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap33.70B
Revenue(TTM)6.44B
Net Income(TTM)1.53B
Analysts78.57
Price Target31.83 (14%)
Short Float %2.05%
Short Ratio1.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
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)32.76%
PT rev (3m)48.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.21%
EPS NY rev (1m)8.93%
EPS NY rev (3m)15.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)3.97%
Revenue NY rev (3m)5.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.23 | ||
| Fwd PE | 12.52 | ||
| P/S | 5.55 | ||
| P/FCF | 16.99 | ||
| P/OCF | 11.02 | ||
| P/B | 4.46 | ||
| P/tB | 4.46 | ||
| EV/EBITDA | 10.12 |
EPS(TTM)1.38
EY4.94%
EPS(NY)2.23
Fwd EY7.99%
FCF(TTM)1.64
FCFY5.89%
OCF(TTM)2.53
OCFY9.07%
SpS5.03
BVpS6.26
TBVpS6.26
PEG (NY)0.13
PEG (5Y)1.36
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 | 5.66 |
F-Score8
WACC9.3%
ROIC/WACC1.49
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 Y150.74%
EPS Next 2Y81.12%
EPS Next 3Y49.87%
EPS Next 5Y2.16%
Revenue 1Y (TTM)32.9%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%25.84%
Revenue Next Year36.24%
Revenue Next 2Y26.18%
Revenue Next 3Y16.36%
Revenue Next 5Y-4.86%
EBIT growth 1Y144.28%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year202.78%
EBIT Next 3Y55.73%
EBIT Next 5Y8.8%
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 150.74% 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%.