KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KGC - CA4969024047 - Common Stock
26.91 USD
+0.45 (+1.7%)
26.91 USD
0 (0%)
Taking everything into account, KGC scores 7 out of 10 in our fundamental rating. KGC was compared to 155 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. KGC may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, KGC could be worth investigating further for value and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year KGC was profitable.
KGC had a positive operating cash flow in the past year.
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 (13.34%) than 92.90% of its industry peers.
KGC has a better Return On Equity (20.25%) than 92.26% of its industry peers.
KGC has a better Return On Invested Capital (13.90%) than 90.32% of its industry peers.
KGC had an Average Return On Invested Capital over the past 3 years of 6.23%. This is significantly below the industry average of 13.15%.
The 3 year average ROIC (6.23%) for KGC is below the current ROIC(13.90%), indicating increased profibility in the last year.
| 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.
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 89.68% of its industry peers.
In the last couple of years the Operating Margin of KGC has grown nicely.
The Gross Margin of KGC (44.10%) is better than 78.71% 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
KGC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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
KGC has an Altman-Z score of 5.39. This indicates that KGC is financially healthy and has little risk of bankruptcy at the moment.
KGC's Altman-Z score of 5.39 is fine compared to the rest of the industry. KGC outperforms 68.39% of its industry peers.
The Debt to FCF ratio of KGC is 0.62, which is an excellent value as it means it would take KGC, only 0.62 years of fcf income to pay off all of its debts.
KGC's Debt to FCF ratio of 0.62 is amongst the best of the industry. KGC outperforms 90.97% of its industry peers.
A Debt/Equity ratio of 0.16 indicates that KGC is not too dependend on debt financing.
The Debt to Equity ratio of KGC (0.16) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 5.39 |
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.
The Current ratio of KGC (2.84) is comparable to the rest of the 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.
KGC has a Quick ratio (1.45) which 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.
KGC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.87% yearly.
Looking at the last year, KGC shows a very strong growth in Revenue. The Revenue has grown by 32.90%.
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
Based on estimates for the next years, KGC will show a small growth in Earnings Per Share. The EPS will grow by 2.16% on average per year.
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
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.50, the valuation of KGC can be described as rather expensive.
KGC's Price/Earnings ratio is rather cheap when compared to the industry. KGC is cheaper than 82.58% of the companies in the same industry.
When comparing the Price/Earnings ratio of KGC to the average of the S&P500 Index (26.34), we can say KGC is valued slightly cheaper.
KGC is valuated correctly with a Price/Forward Earnings ratio of 12.06.
KGC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. KGC is cheaper than 76.13% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.56, KGC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.5 | ||
| Fwd PE | 12.06 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KGC is valued a bit cheaper than 75.48% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KGC is valued cheaper than 90.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.37 | ||
| EV/EBITDA | 9.61 |
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)1.31
EPS Next 2Y81.12%
EPS Next 3Y49.87%
5. Dividend
5.1 Amount
KGC has a yearly dividend return of 0.43%, which is pretty low.
Compared to an average industry Dividend Yield of 2.54, KGC pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.43, KGC pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
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 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 2Y81.12%
EPS Next 3Y49.87%
26.91
+0.45 (+1.7%)
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 Cap32.48B
Revenue(TTM)6.44B
Net Income(TTM)1.53B
Analysts78.57
Price Target31.83 (18.28%)
Short Float %2.05%
Short Ratio1.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
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)32.05%
PT rev (3m)52.34%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.68%
EPS NY rev (1m)4.89%
EPS NY rev (3m)15.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)3.26%
Revenue NY rev (3m)5.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.5 | ||
| Fwd PE | 12.06 | ||
| P/S | 5.35 | ||
| P/FCF | 16.37 | ||
| P/OCF | 10.62 | ||
| P/B | 4.3 | ||
| P/tB | 4.3 | ||
| EV/EBITDA | 9.61 |
EPS(TTM)1.38
EY5.13%
EPS(NY)2.23
Fwd EY8.29%
FCF(TTM)1.64
FCFY6.11%
OCF(TTM)2.53
OCFY9.41%
SpS5.03
BVpS6.26
TBVpS6.26
PEG (NY)0.13
PEG (5Y)1.31
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 | 5.39 |
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%.