KINROSS GOLD CORP (KIN2.DE) Stock Fundamental Analysis
FRA:KIN2 - Deutsche Boerse Ag - CA4969024047 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to KIN2. KIN2 was compared to 37 industry peers in the Metals & Mining industry. KIN2 gets an excellent profitability rating and is at the same time showing great financial health properties. KIN2 has a decent growth rate and is not valued too expensively. These ratings could make KIN2 a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year KIN2 was profitable.
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
With an excellent Return On Assets value of 8.73%, KIN2 belongs to the best of the industry, outperforming 83.78% of the companies in the same industry.
With an excellent Return On Equity value of 13.83%, KIN2 belongs to the best of the industry, outperforming 81.08% of the companies in the same industry.
KIN2 has a better Return On Invested Capital (9.40%) than 78.38% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KIN2 is in line with the industry average of 7.32%.
The 3 year average ROIC (6.23%) for KIN2 is below the current ROIC(9.40%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.73% | ||
| ROE | 13.83% | ||
| ROIC | 9.4% |
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 has a Profit Margin of 18.43%. This is amongst the best in the industry. KIN2 outperforms 83.78% of its industry peers.
KIN2's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 28.48%, KIN2 belongs to the best of the industry, outperforming 86.49% of the companies in the same industry.
KIN2's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 35.04%, KIN2 is in the better half of the industry, outperforming 62.16% of the companies in the same industry.
In the last couple of years the Gross Margin of KIN2 has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.48% | ||
| PM (TTM) | 18.43% | ||
| GM | 35.04% |
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
KIN2 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, KIN2 has about the same amount of shares outstanding.
Compared to 5 years ago, KIN2 has less shares outstanding
Compared to 1 year ago, KIN2 has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.80 indicates that KIN2 is not a great score, but indicates only limited risk for bankruptcy at the moment.
KIN2 has a better Altman-Z score (2.80) than 72.97% of its industry peers.
KIN2 has a debt to FCF ratio of 1.05. This is a very positive value and a sign of high solvency as it would only need 1.05 years to pay back of all of its debts.
KIN2's Debt to FCF ratio of 1.05 is amongst the best of the industry. KIN2 outperforms 91.89% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that KIN2 is not too dependend on debt financing.
KIN2's Debt to Equity ratio of 0.18 is fine compared to the rest of the industry. KIN2 outperforms 62.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.05 | ||
| Altman-Z | 2.8 |
ROIC/WACC1.09
WACC8.59%
2.3 Liquidity
A Current Ratio of 2.01 indicates that KIN2 has no problem at all paying its short term obligations.
KIN2's Current ratio of 2.01 is fine compared to the rest of the industry. KIN2 outperforms 70.27% of its industry peers.
KIN2 has a Quick Ratio of 2.01. This is a bad value and indicates that KIN2 is not financially healthy enough and could expect problems in meeting its short term obligations.
KIN2 has a Quick ratio (0.83) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
KIN2 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 87.23%, which is quite impressive.
The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
KIN2 shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.71%.
The Revenue has been growing by 8.04% on average over the past years. This is quite good.
EPS 1Y (TTM)87.23%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%200%
Revenue 1Y (TTM)26.71%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%38.47%
3.2 Future
KIN2 is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.95% yearly.
Based on estimates for the next years, KIN2 will show a decrease in Revenue. The Revenue will decrease by -1.05% on average per year.
EPS Next Y40.71%
EPS Next 2Y20.9%
EPS Next 3Y14.28%
EPS Next 5Y5.95%
Revenue Next Year16.44%
Revenue Next 2Y9.09%
Revenue Next 3Y5.54%
Revenue Next 5Y-1.05%
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 17.73, the valuation of KIN2 can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of KIN2 is on the same level as its industry peers.
When comparing the Price/Earnings ratio of KIN2 to the average of the S&P500 Index (27.30), we can say KIN2 is valued slightly cheaper.
A Price/Forward Earnings ratio of 15.66 indicates a correct valuation of KIN2.
The rest of the industry has a similar Price/Forward Earnings ratio as KIN2.
KIN2's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.73 | ||
| Fwd PE | 15.66 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as KIN2.
Based on the Price/Free Cash Flow ratio, KIN2 is valued cheaply inside the industry as 89.19% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.93 | ||
| EV/EBITDA | 7.52 |
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 KIN2 may justify a higher PE ratio.
A more expensive valuation may be justified as KIN2's earnings are expected to grow with 14.28% in the coming years.
PEG (NY)0.44
PEG (5Y)1.19
EPS Next 2Y20.9%
EPS Next 3Y14.28%
5. Dividend
5.1 Amount
With a yearly dividend of 0.76%, KIN2 is not a good candidate for dividend investing.
KIN2's Dividend Yield is slightly below the industry average, which is at 3.16.
Compared to an average S&P500 Dividend Yield of 2.37, KIN2's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
15.55% of the earnings are spent on dividend by KIN2. This is a low number and sustainable payout ratio.
DP15.55%
EPS Next 2Y20.9%
EPS Next 3Y14.28%
FRA:KIN2 (7/11/2025, 7:00:00 PM)
13.295
+0.19 (+1.45%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.33%
Inst Owner ChangeN/A
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap16.31B
Analysts80
Price Target17.07 (28.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
Yearly Dividend0.1
Dividend Growth(5Y)N/A
DP15.55%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.54%
Min EPS beat(2)-18.81%
Max EPS beat(2)25.89%
EPS beat(4)3
Avg EPS beat(4)16.49%
Min EPS beat(4)-18.81%
Max EPS beat(4)57.06%
EPS beat(8)7
Avg EPS beat(8)29.26%
EPS beat(12)8
Avg EPS beat(12)13.27%
EPS beat(16)10
Avg EPS beat(16)12.49%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)10.08%
PT rev (3m)29.29%
EPS NQ rev (1m)1.39%
EPS NQ rev (3m)13.05%
EPS NY rev (1m)0%
EPS NY rev (3m)17.53%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.73 | ||
| Fwd PE | 15.66 | ||
| P/S | 3.71 | ||
| P/FCF | 13.93 | ||
| P/OCF | 7.81 | ||
| P/B | 2.78 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | 7.52 |
EPS(TTM)0.75
EY5.64%
EPS(NY)0.85
Fwd EY6.38%
FCF(TTM)0.95
FCFY7.18%
OCF(TTM)1.7
OCFY12.81%
SpS3.58
BVpS4.78
TBVpS4.78
PEG (NY)0.44
PEG (5Y)1.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.73% | ||
| ROE | 13.83% | ||
| ROCE | 14.95% | ||
| ROIC | 9.4% | ||
| ROICexc | 10.02% | ||
| ROICexgc | 10.02% | ||
| OM | 28.48% | ||
| PM (TTM) | 18.43% | ||
| GM | 35.04% | ||
| FCFM | 26.63% |
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 Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.05 | ||
| Debt/EBITDA | 0.47 | ||
| Cap/Depr | 93.73% | ||
| Cap/Sales | 20.89% | ||
| Interest Coverage | 11.44 | ||
| Cash Conversion | 93.6% | ||
| Profit Quality | 144.49% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 2.8 |
F-Score7
WACC8.59%
ROIC/WACC1.09
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)87.23%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%200%
EPS Next Y40.71%
EPS Next 2Y20.9%
EPS Next 3Y14.28%
EPS Next 5Y5.95%
Revenue 1Y (TTM)26.71%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%38.47%
Revenue Next Year16.44%
Revenue Next 2Y9.09%
Revenue Next 3Y5.54%
Revenue Next 5Y-1.05%
EBIT growth 1Y74.49%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year131.51%
EBIT Next 3Y30.48%
EBIT Next 5Y11.84%
FCF growth 1Y170.39%
FCF growth 3Y91.05%
FCF growth 5Y62.85%
OCF growth 1Y52.4%
OCF growth 3Y29.17%
OCF growth 5Y14.84%