KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KGC - CA4969024047 - Common Stock
28.3 USD
+0.14 (+0.5%)
28.29 USD
-0.01 (-0.04%)
Taking everything into account, KGC scores 7 out of 10 in our fundamental rating. KGC was compared to 156 industry peers in the Metals & Mining industry. KGC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on KGC. These ratings would make KGC suitable 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
With an excellent Return On Assets value of 13.34%, KGC belongs to the best of the industry, outperforming 93.59% of the companies in the same industry.
With an excellent Return On Equity value of 20.25%, KGC belongs to the best of the industry, outperforming 92.95% of the companies in the same industry.
KGC has a Return On Invested Capital of 13.90%. This is amongst the best in the industry. KGC outperforms 89.74% 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 13.25%.
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 better Profit Margin (25.19%) than 90.38% of its industry peers.
In the last couple of years the Profit Margin of KGC has declined.
Looking at the Operating Margin, with a value of 38.20%, KGC belongs to the top of the industry, outperforming 89.10% 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 78.21% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KGC is still creating some value.
KGC has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for KGC has been reduced compared to 5 years ago.
Compared to 1 year ago, KGC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.70 indicates that KGC is not in any danger for bankruptcy at the moment.
KGC's Altman-Z score of 5.70 is fine compared to the rest of the industry. KGC outperforms 67.95% 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 has a Debt to FCF ratio of 0.62. This is amongst the best in the industry. KGC outperforms 90.38% 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.
Looking at the Debt to Equity ratio, with a value of 0.16, KGC is in line with its industry, outperforming 54.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 5.7 |
ROIC/WACC1.51
WACC9.19%
2.3 Liquidity
A Current Ratio of 2.84 indicates that KGC has no problem at all paying its short term obligations.
With a Current ratio value of 2.84, KGC perfoms like the industry average, outperforming 58.33% 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
The Earnings Per Share has grown by an impressive 133.90% over the past year.
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 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
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.
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 Y152.97%
EPS Next 2Y85.86%
EPS Next 3Y53.27%
EPS Next 5Y2.16%
Revenue Next Year36.17%
Revenue Next 2Y26.07%
Revenue Next 3Y16.65%
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.
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
The Price/Earnings ratio is 20.51, which indicates a rather expensive current valuation of KGC.
83.97% 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 26.60.
KGC is valuated correctly with a Price/Forward Earnings ratio of 12.05.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KGC indicates a somewhat cheap valuation: KGC is cheaper than 76.28% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of KGC to the average of the S&P500 Index (23.23), we can say KGC is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.51 | ||
| Fwd PE | 12.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KGC is valued a bit cheaper than 75.00% of the companies in the same industry.
KGC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. KGC is cheaper than 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.22 | ||
| EV/EBITDA | 10.2 |
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 53.27% in the coming years.
PEG (NY)0.13
PEG (5Y)1.38
EPS Next 2Y85.86%
EPS Next 3Y53.27%
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 0.98.
Compared to an average S&P500 Dividend Yield of 2.00, KGC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
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
KGC pays out 9.65% of its income as dividend. This is a sustainable payout ratio.
DP9.65%
EPS Next 2Y85.86%
EPS Next 3Y53.27%
28.3
+0.14 (+0.5%)
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 Cap34.16B
Revenue(TTM)6.44B
Net Income(TTM)1.53B
Analysts78.57
Price Target32.57 (15.09%)
Short Float %1.69%
Short Ratio2.17
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-DateN/A
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)9.35%
PT rev (3m)51.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.21%
EPS NY rev (1m)0.43%
EPS NY rev (3m)14.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.56%
Revenue NY rev (3m)5.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.51 | ||
| Fwd PE | 12.05 | ||
| P/S | 5.62 | ||
| P/FCF | 17.22 | ||
| P/OCF | 11.17 | ||
| P/B | 4.52 | ||
| P/tB | 4.52 | ||
| EV/EBITDA | 10.2 |
EPS(TTM)1.38
EY4.88%
EPS(NY)2.35
Fwd EY8.3%
FCF(TTM)1.64
FCFY5.81%
OCF(TTM)2.53
OCFY8.95%
SpS5.03
BVpS6.26
TBVpS6.26
PEG (NY)0.13
PEG (5Y)1.38
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 | 5.7 |
F-Score8
WACC9.19%
ROIC/WACC1.51
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 Y152.97%
EPS Next 2Y85.86%
EPS Next 3Y53.27%
EPS Next 5Y2.16%
Revenue 1Y (TTM)32.9%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%25.84%
Revenue Next Year36.17%
Revenue Next 2Y26.07%
Revenue Next 3Y16.65%
Revenue Next 5Y-4.86%
EBIT growth 1Y144.28%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year204.58%
EBIT Next 3Y56.61%
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 of KINROSS GOLD CORP (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 valuation of KINROSS GOLD CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for KINROSS GOLD CORP (KGC) is 20.51 and the Price/Book (PB) ratio is 4.52.
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%.