KINROSS GOLD CORP (KIN2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:KIN2 - CA4969024047 - Common Stock
31.73 EUR
+0.43 (+1.37%)
We assign a fundamental rating of 6 out of 10 to KIN2. KIN2 was compared to 45 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making KIN2 a very profitable company, without any liquidiy or solvency issues. KIN2 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- KIN2 had positive earnings in the past year.
- In the past year KIN2 had a positive cash flow from operations.
- Of the past 5 years KIN2 4 years were profitable.
- KIN2 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 13.34%, KIN2 belongs to the top of the industry, outperforming 93.18% of the companies in the same industry.
- KIN2's Return On Equity of 20.25% is amongst the best of the industry. KIN2 outperforms 88.64% of its industry peers.
- The Return On Invested Capital of KIN2 (13.90%) is better than 93.18% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for KIN2 is in line with the industry average of 8.05%.
- The 3 year average ROIC (6.23%) for KIN2 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
- KIN2's Profit Margin of 25.19% is amongst the best of the industry. KIN2 outperforms 90.91% of its industry peers.
- In the last couple of years the Profit Margin of KIN2 has declined.
- Looking at the Operating Margin, with a value of 38.20%, KIN2 belongs to the top of the industry, outperforming 88.64% of the companies in the same industry.
- KIN2's Operating Margin has improved in the last couple of years.
- With a decent Gross Margin value of 44.10%, KIN2 is doing good in the industry, outperforming 65.91% of the companies in the same industry.
- KIN2's Gross Margin has improved in the last couple of years.
| 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), KIN2 is creating some value.
- KIN2 has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, KIN2 has less shares outstanding
- The debt/assets ratio for KIN2 has been reduced compared to a year ago.
2.2 Solvency
- KIN2 has an Altman-Z score of 7.39. This indicates that KIN2 is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of KIN2 (7.39) is better than 86.36% of its industry peers.
- The Debt to FCF ratio of KIN2 is 0.62, which is an excellent value as it means it would take KIN2, only 0.62 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 0.62, KIN2 belongs to the best of the industry, outperforming 97.73% of the companies in the same industry.
- KIN2 has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
- KIN2's Debt to Equity ratio of 0.16 is fine compared to the rest of the industry. KIN2 outperforms 70.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 7.39 |
ROIC/WACC1.46
WACC9.53%
2.3 Liquidity
- KIN2 has a Current Ratio of 2.84. This indicates that KIN2 is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.84, KIN2 belongs to the top of the industry, outperforming 84.09% of the companies in the same industry.
- KIN2 has a Quick Ratio of 1.45. This is a normal value and indicates that KIN2 is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.45, KIN2 is in line with its industry, outperforming 56.82% of the companies in the same 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.
- KIN2 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, KIN2 will show a decrease in Earnings Per Share. The EPS will decrease by -9.53% on average per year.
- The Revenue is expected to decrease by -4.86% on average over the next years.
EPS Next Y154.7%
EPS Next 2Y89.26%
EPS Next 3Y54.93%
EPS Next 5Y-9.53%
Revenue Next Year36.17%
Revenue Next 2Y26.07%
Revenue Next 3Y16.65%
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.
- 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
- A Price/Earnings ratio of 26.89 indicates a quite expensive valuation of KIN2.
- Compared to the rest of the industry, the Price/Earnings ratio of KIN2 is on the same level as its industry peers.
- The average S&P500 Price/Earnings ratio is at 27.21. KIN2 is around the same levels.
- A Price/Forward Earnings ratio of 15.30 indicates a correct valuation of KIN2.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of KIN2 is on the same level as its industry peers.
- KIN2's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.89 | ||
| Fwd PE | 15.3 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KIN2 is on the same level as its industry peers.
- KIN2's Price/Free Cash Flow ratio is rather cheap when compared to the industry. KIN2 is cheaper than 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.67 | ||
| EV/EBITDA | 13.38 |
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.
- KIN2 has an outstanding profitability rating, which may justify a higher PE ratio.
- KIN2's earnings are expected to grow with 54.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.17
PEG (5Y)1.81
EPS Next 2Y89.26%
EPS Next 3Y54.93%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.32%, KIN2 is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 1.67, KIN2 is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.81, KIN2's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 9.65% of the earnings are spent on dividend by KIN2. This is a low number and sustainable payout ratio.
DP9.65%
EPS Next 2Y89.26%
EPS Next 3Y54.93%
KINROSS GOLD CORP / KIN2.DE FAQ
What is the fundamental rating for KIN2 stock?
ChartMill assigns a fundamental rating of 7 / 10 to KIN2.DE.
What is the valuation status of KINROSS GOLD CORP (KIN2.DE) stock?
ChartMill assigns a valuation rating of 7 / 10 to KINROSS GOLD CORP (KIN2.DE). This can be considered as Undervalued.
How profitable is KINROSS GOLD CORP (KIN2.DE) stock?
KINROSS GOLD CORP (KIN2.DE) has a profitability rating of 8 / 10.
Can you provide the financial health for KIN2 stock?
The financial health rating of KINROSS GOLD CORP (KIN2.DE) is 8 / 10.
Can you provide the dividend sustainability for KIN2 stock?
The dividend rating of KINROSS GOLD CORP (KIN2.DE) is 2 / 10 and the dividend payout ratio is 9.65%.