GOLD FIELDS LTD-SPONS ADR (GFI) Stock Fundamental Analysis
NYSE:GFI - New York Stock Exchange, Inc. - US38059T1060 - ADR - Currency: USD
GFI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. GFI scores excellent on profitability, but there are some minor concerns on its financial health. An interesting combination arises when we look at growth and value: GFI is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
In the past year GFI was profitable.
In the past year GFI had a positive cash flow from operations.
Each year in the past 5 years GFI has been profitable.
In the past 5 years GFI always reported a positive cash flow from operatings.
1.2 Ratios
GFI has a Return On Assets of 12.27%. This is amongst the best in the industry. GFI outperforms 90.38% of its industry peers.
GFI's Return On Equity of 23.94% is amongst the best of the industry. GFI outperforms 94.87% of its industry peers.
Looking at the Return On Invested Capital, with a value of 17.69%, GFI belongs to the top of the industry, outperforming 96.15% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for GFI is above the industry average of 12.33%.
The last Return On Invested Capital (17.69%) for GFI is above the 3 year average (16.80%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.27% | ||
| ROE | 23.94% | ||
| ROIC | 17.69% |
ROA(3y)10.17%
ROA(5y)10.19%
ROE(3y)18.85%
ROE(5y)19.22%
ROIC(3y)16.8%
ROIC(5y)16.97%
1.3 Margins
GFI has a better Profit Margin (23.93%) than 89.74% of its industry peers.
In the last couple of years the Profit Margin of GFI has grown nicely.
The Operating Margin of GFI (45.33%) is better than 94.87% of its industry peers.
GFI's Operating Margin has improved in the last couple of years.
The Gross Margin of GFI (51.51%) is better than 89.10% of its industry peers.
GFI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.33% | ||
| PM (TTM) | 23.93% | ||
| GM | 51.51% |
OM growth 3Y1.47%
OM growth 5Y7.58%
PM growth 3Y8.35%
PM growth 5Y34.46%
GM growth 3Y1.47%
GM growth 5Y7.58%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GFI is creating some value.
GFI has about the same amout of shares outstanding than it did 1 year ago.
GFI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, GFI has a worse debt to assets ratio.
2.2 Solvency
GFI has an Altman-Z score of 5.12. This indicates that GFI is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of GFI (5.12) is better than 73.08% of its industry peers.
The Debt to FCF ratio of GFI is 7.04, which is on the high side as it means it would take GFI, 7.04 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.04, GFI is in the better half of the industry, outperforming 66.03% of the companies in the same industry.
A Debt/Equity ratio of 0.41 indicates that GFI is not too dependend on debt financing.
GFI has a Debt to Equity ratio of 0.41. This is in the lower half of the industry: GFI underperforms 70.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 7.04 | ||
| Altman-Z | 5.12 |
ROIC/WACC1.14
WACC15.51%
2.3 Liquidity
A Current Ratio of 1.13 indicates that GFI should not have too much problems paying its short term obligations.
GFI's Current ratio of 1.13 is on the low side compared to the rest of the industry. GFI is outperformed by 80.13% of its industry peers.
A Quick Ratio of 0.72 indicates that GFI may have some problems paying its short term obligations.
The Quick ratio of GFI (0.72) is worse than 81.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
GFI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 77.80%, which is quite impressive.
Measured over the past years, GFI shows a very strong growth in Earnings Per Share. The EPS has been growing by 48.07% on average per year.
The Revenue has grown by 15.57% in the past year. This is quite good.
Measured over the past years, GFI shows a quite strong growth in Revenue. The Revenue has been growing by 11.88% on average per year.
EPS 1Y (TTM)77.8%
EPS 3Y16.47%
EPS 5Y48.07%
EPS Q2Q%253.74%
Revenue 1Y (TTM)15.57%
Revenue growth 3Y7.43%
Revenue growth 5Y11.88%
Sales Q2Q%37.74%
3.2 Future
Based on estimates for the next years, GFI will show a very strong growth in Earnings Per Share. The EPS will grow by 27.09% on average per year.
The Revenue is expected to grow by 15.58% on average over the next years. This is quite good.
EPS Next Y110.74%
EPS Next 2Y56.12%
EPS Next 3Y27.09%
EPS Next 5YN/A
Revenue Next Year48.6%
Revenue Next 2Y31.86%
Revenue Next 3Y15.58%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.40 indicates a rather expensive valuation of GFI.
Based on the Price/Earnings ratio, GFI is valued a bit cheaper than the industry average as 73.08% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.93, GFI is valued a bit cheaper.
The Price/Forward Earnings ratio is 11.04, which indicates a very decent valuation of GFI.
Based on the Price/Forward Earnings ratio, GFI is valued a bit cheaper than 78.85% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.31. GFI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.4 | ||
| Fwd PE | 11.04 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GFI is valued a bit cheaper than 71.15% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GFI is valued a bit cheaper than 64.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 63.64 | ||
| EV/EBITDA | 9.76 |
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.
GFI has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as GFI's earnings are expected to grow with 27.09% in the coming years.
PEG (NY)0.19
PEG (5Y)0.45
EPS Next 2Y56.12%
EPS Next 3Y27.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.80%, GFI has a reasonable but not impressive dividend return.
GFI's Dividend Yield is rather good when compared to the industry average which is at 2.84. GFI pays more dividend than 82.69% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.39, GFI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
5.2 History
On average, the dividend of GFI grows each year by 56.48%, which is quite nice.
GFI has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)56.48%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
GFI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y56.12%
EPS Next 3Y27.09%
29.75
-0.49 (-1.62%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners57.63%
Inst Owner Change-1.25%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap26.63B
Analysts70.91
Price Target24.63 (-17.21%)
Short Float %0.54%
Short Ratio1.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
Yearly DividendN/A
Dividend Growth(5Y)56.48%
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
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)2.65%
PT rev (3m)9.87%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)6.88%
Revenue NY rev (3m)6.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.4 | ||
| Fwd PE | 11.04 | ||
| P/S | 5.12 | ||
| P/FCF | 63.64 | ||
| P/OCF | 16.57 | ||
| P/B | 5.12 | ||
| P/tB | 5.12 | ||
| EV/EBITDA | 9.76 |
EPS(TTM)1.39
EY4.67%
EPS(NY)2.7
Fwd EY9.06%
FCF(TTM)0.47
FCFY1.57%
OCF(TTM)1.8
OCFY6.04%
SpS5.81
BVpS5.81
TBVpS5.81
PEG (NY)0.19
PEG (5Y)0.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.27% | ||
| ROE | 23.94% | ||
| ROCE | 27.96% | ||
| ROIC | 17.69% | ||
| ROICexc | 19.7% | ||
| ROICexgc | 19.7% | ||
| OM | 45.33% | ||
| PM (TTM) | 23.93% | ||
| GM | 51.51% | ||
| FCFM | 8.04% |
ROA(3y)10.17%
ROA(5y)10.19%
ROE(3y)18.85%
ROE(5y)19.22%
ROIC(3y)16.8%
ROIC(5y)16.97%
ROICexc(3y)18.78%
ROICexc(5y)18.99%
ROICexgc(3y)18.78%
ROICexgc(5y)18.99%
ROCE(3y)26.56%
ROCE(5y)26.83%
ROICexcg growth 3Y0.88%
ROICexcg growth 5Y7.72%
ROICexc growth 3Y0.88%
ROICexc growth 5Y9.31%
OM growth 3Y1.47%
OM growth 5Y7.58%
PM growth 3Y8.35%
PM growth 5Y34.46%
GM growth 3Y1.47%
GM growth 5Y7.58%
F-Score5
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 7.04 | ||
| Debt/EBITDA | 0.72 | ||
| Cap/Depr | 189.45% | ||
| Cap/Sales | 22.85% | ||
| Interest Coverage | 18.08 | ||
| Cash Conversion | 53.83% | ||
| Profit Quality | 33.61% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 5.12 |
F-Score5
WACC15.51%
ROIC/WACC1.14
Cap/Depr(3y)149.57%
Cap/Depr(5y)138.14%
Cap/Sales(3y)23.74%
Cap/Sales(5y)22.47%
Profit Quality(3y)32.28%
Profit Quality(5y)37.35%
High Growth Momentum
Growth
EPS 1Y (TTM)77.8%
EPS 3Y16.47%
EPS 5Y48.07%
EPS Q2Q%253.74%
EPS Next Y110.74%
EPS Next 2Y56.12%
EPS Next 3Y27.09%
EPS Next 5YN/A
Revenue 1Y (TTM)15.57%
Revenue growth 3Y7.43%
Revenue growth 5Y11.88%
Sales Q2Q%37.74%
Revenue Next Year48.6%
Revenue Next 2Y31.86%
Revenue Next 3Y15.58%
Revenue Next 5YN/A
EBIT growth 1Y34.45%
EBIT growth 3Y9.01%
EBIT growth 5Y20.36%
EBIT Next Year121.73%
EBIT Next 3Y32.08%
EBIT Next 5YN/A
FCF growth 1Y202.97%
FCF growth 3Y43.53%
FCF growth 5Y12.47%
OCF growth 1Y34.73%
OCF growth 3Y9.32%
OCF growth 5Y13.72%