KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KGC - CA4969024047 - Common Stock
28.11 USD
+0.67 (+2.44%)
28.2 USD
+0.09 (+0.32%)
We assign a fundamental rating of 7 out of 10 to KGC. KGC was compared to 153 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes KGC very considerable 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 Return On Assets of 13.34%. This is amongst the best in the industry. KGC outperforms 93.46% of its industry peers.
KGC has a better Return On Equity (20.25%) than 92.81% of its industry peers.
KGC has a better Return On Invested Capital (13.90%) than 91.50% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KGC is significantly below the industry average of 13.09%.
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 better Profit Margin (25.19%) than 90.20% of its industry peers.
KGC's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 38.20%, KGC belongs to the top of the industry, outperforming 89.54% of the companies in the same industry.
In the last couple of years the Operating Margin of KGC has grown nicely.
KGC's Gross Margin of 44.10% is fine compared to the rest of the industry. KGC outperforms 79.08% 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.
Compared to 5 years ago, KGC has less shares outstanding
KGC has a better debt/assets ratio than last year.
2.2 Solvency
KGC has an Altman-Z score of 5.90. This indicates that KGC is financially healthy and has little risk of bankruptcy at the moment.
KGC's Altman-Z score of 5.90 is fine compared to the rest of the industry. KGC outperforms 68.63% of its industry peers.
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 90.85% 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.
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 | 5.9 |
ROIC/WACC1.64
WACC8.47%
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 56.86% 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.
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
The Earnings Per Share has grown by an impressive 133.90% over the past year.
The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
KGC shows a strong growth in Revenue. In the last year, the Revenue has grown by 32.90%.
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 grow by 4.56% on average over the next years.
The Revenue is expected to decrease by -4.86% on average over the next years.
EPS Next Y130.19%
EPS Next 2Y67.82%
EPS Next 3Y35.73%
EPS Next 5Y4.56%
Revenue Next Year31.04%
Revenue Next 2Y18.93%
Revenue Next 3Y11.08%
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
KGC is valuated rather expensively with a Price/Earnings ratio of 20.37.
Based on the Price/Earnings ratio, KGC is valued cheaper than 81.70% of the companies in the same industry.
KGC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.31.
The Price/Forward Earnings ratio is 14.68, which indicates a correct valuation of KGC.
Based on the Price/Forward Earnings ratio, KGC is valued a bit cheaper than 66.01% of the companies in the same industry.
KGC is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.37 | ||
| Fwd PE | 14.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KGC is valued a bit cheaper than the industry average as 71.90% 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 89.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.22 | ||
| EV/EBITDA | 10.58 |
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.
KGC has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as KGC's earnings are expected to grow with 35.73% in the coming years.
PEG (NY)0.16
PEG (5Y)1.37
EPS Next 2Y67.82%
EPS Next 3Y35.73%
5. Dividend
5.1 Amount
With a yearly dividend of 0.43%, KGC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.72, 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 2.40.
| 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 2Y67.82%
EPS Next 3Y35.73%
28.11
+0.67 (+2.44%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners64%
Inst Owner Change0.96%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap33.93B
Revenue(TTM)6.44B
Net Income(TTM)1.53B
Analysts80
Price Target29.79 (5.98%)
Short Float %1.81%
Short Ratio1.57
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)33.53%
PT rev (3m)42.53%
EPS NQ rev (1m)-2.08%
EPS NQ rev (3m)0.68%
EPS NY rev (1m)1.71%
EPS NY rev (3m)6.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.95%
Revenue NY rev (3m)1.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.37 | ||
| Fwd PE | 14.68 | ||
| P/S | 5.95 | ||
| P/FCF | 18.22 | ||
| P/OCF | 11.82 | ||
| P/B | 4.78 | ||
| P/tB | 4.78 | ||
| EV/EBITDA | 10.58 |
EPS(TTM)1.38
EY4.91%
EPS(NY)1.92
Fwd EY6.81%
FCF(TTM)1.54
FCFY5.49%
OCF(TTM)2.38
OCFY8.46%
SpS4.72
BVpS5.88
TBVpS5.88
PEG (NY)0.16
PEG (5Y)1.37
Graham Number13.51
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 | 5.9 |
F-Score8
WACC8.47%
ROIC/WACC1.64
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 Y130.19%
EPS Next 2Y67.82%
EPS Next 3Y35.73%
EPS Next 5Y4.56%
Revenue 1Y (TTM)32.9%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%25.84%
Revenue Next Year31.04%
Revenue Next 2Y18.93%
Revenue Next 3Y11.08%
Revenue Next 5Y-4.86%
EBIT growth 1Y144.28%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year183.48%
EBIT Next 3Y41.68%
EBIT Next 5Y9.08%
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 130.19% 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%.