KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - NYSE:KGC - CA4969024047 - Common Stock
22.78 USD
+0.04 (+0.18%)
KGC gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 156 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 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.
In the past 5 years KGC always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 14.08%, KGC belongs to the best of the industry, outperforming 94.23% of the companies in the same industry.
KGC has a better Return On Equity (22.29%) than 94.23% of its industry peers.
With an excellent Return On Invested Capital value of 14.87%, KGC belongs to the best of the industry, outperforming 94.23% of the companies in the same industry.
KGC had an Average Return On Invested Capital over the past 3 years of 6.23%. This is significantly below the industry average of 12.92%.
The last Return On Invested Capital (14.87%) for KGC is above the 3 year average (6.23%), which is a sign of increasing profitability.
| 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
With an excellent Profit Margin value of 25.18%, KGC belongs to the best of the industry, outperforming 91.03% of the companies in the same industry.
KGC's Profit Margin has declined in the last couple of years.
KGC has a better Operating Margin (38.20%) than 90.38% of its industry peers.
KGC's Operating Margin has improved in the last couple of years.
KGC's Gross Margin of 44.10% is amongst the best of the industry. KGC outperforms 82.05% 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) | 25.18% | ||
| 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
KGC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for KGC remains at a similar level compared to 1 year ago.
KGC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, KGC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.58 indicates that KGC is not in any danger for bankruptcy at the moment.
KGC has a better Altman-Z score (4.58) than 67.31% of its industry peers.
KGC has a debt to FCF ratio of 0.72. This is a very positive value and a sign of high solvency as it would only need 0.72 years to pay back of all of its debts.
KGC's Debt to FCF ratio of 0.72 is amongst the best of the industry. KGC outperforms 91.03% of its industry peers.
KGC has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.18, KGC perfoms like the industry average, outperforming 51.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.72 | ||
| Altman-Z | 4.58 |
ROIC/WACC1.68
WACC8.86%
2.3 Liquidity
A Current Ratio of 2.01 indicates that KGC has no problem at all paying its short term obligations.
With a Current ratio value of 2.01, KGC perfoms like the industry average, outperforming 42.31% of the companies in the same industry.
A Quick Ratio of 0.83 indicates that KGC may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.83, KGC is doing worse than 78.21% of the companies in the same industry.
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
The Earnings Per Share has grown by an impressive 151.06% over the past year.
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 34.40% 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)151.06%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%214.29%
Revenue 1Y (TTM)34.4%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%41.74%
3.2 Future
The Earnings Per Share is expected to decrease by -8.40% on average over the next years.
The Revenue is expected to decrease by -4.86% on average over the next years.
EPS Next Y116.29%
EPS Next 2Y49.24%
EPS Next 3Y28.3%
EPS Next 5Y-8.4%
Revenue Next Year28.96%
Revenue Next 2Y15.87%
Revenue Next 3Y8.45%
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 19.31.
82.05% of the companies in the same industry are more expensive than KGC, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.20, KGC is valued a bit cheaper.
KGC is valuated correctly with a Price/Forward Earnings ratio of 15.04.
Based on the Price/Forward Earnings ratio, KGC is valued a bit cheaper than the industry average as 65.38% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.71, KGC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.31 | ||
| Fwd PE | 15.04 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KGC is valued cheaper than 80.13% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KGC is valued cheaper than 91.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.33 | ||
| EV/EBITDA | 8.46 |
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.
KGC's earnings are expected to grow with 28.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.17
PEG (5Y)1.3
EPS Next 2Y49.24%
EPS Next 3Y28.3%
5. Dividend
5.1 Amount
With a yearly dividend of 0.51%, KGC is not a good candidate for dividend investing.
KGC's Dividend Yield is a higher than the industry average which is at 2.51.
Compared to an average S&P500 Dividend Yield of 2.38, KGC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
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 2Y49.24%
EPS Next 3Y28.3%
NYSE:KGC (9/17/2025, 10:01:07 AM)
22.78
+0.04 (+0.18%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.33%
Inst Owner Change-3.57%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap28.44B
Analysts80
Price Target21.45 (-5.84%)
Short Float %1.14%
Short Ratio0.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
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)-3.65%
PT rev (3m)13.17%
EPS NQ rev (1m)0.47%
EPS NQ rev (3m)65.09%
EPS NY rev (1m)53.71%
EPS NY rev (3m)53.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)6.8%
Revenue NY rev (3m)10.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.31 | ||
| Fwd PE | 15.04 | ||
| P/S | 4.68 | ||
| P/FCF | 14.33 | ||
| P/OCF | 9.3 | ||
| P/B | 4.15 | ||
| P/tB | 4.15 | ||
| EV/EBITDA | 8.46 |
EPS(TTM)1.18
EY5.18%
EPS(NY)1.51
Fwd EY6.65%
FCF(TTM)1.59
FCFY6.98%
OCF(TTM)2.45
OCFY10.75%
SpS4.86
BVpS5.5
TBVpS5.5
PEG (NY)0.17
PEG (5Y)1.3
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%
ROICexcg growth 3Y20.62%
ROICexcg 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 | 4.58 |
F-Score7
WACC8.86%
ROIC/WACC1.68
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)151.06%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%214.29%
EPS Next Y116.29%
EPS Next 2Y49.24%
EPS Next 3Y28.3%
EPS Next 5Y-8.4%
Revenue 1Y (TTM)34.4%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%41.74%
Revenue Next Year28.96%
Revenue Next 2Y15.87%
Revenue Next 3Y8.45%
Revenue Next 5Y-4.86%
EBIT growth 1Y144.17%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year131.51%
EBIT Next 3Y30.48%
EBIT Next 5Y1.99%
FCF growth 1Y356.37%
FCF growth 3Y91.05%
FCF growth 5Y62.85%
OCF growth 1Y110.57%
OCF growth 3Y29.17%
OCF growth 5Y14.84%