GOLD FIELDS LTD-SPONS ADR (GFI) Stock Fundamental Analysis
USA - NYSE:GFI - US38059T1060 - ADR
40.85 USD
+1.52 (+3.86%)
40.86 USD
+0.01 (+0.02%)
We assign a fundamental rating of 7 out of 10 to GFI. GFI was compared to 156 industry peers in the Metals & Mining industry. While GFI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. GFI is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
GFI had positive earnings in the past year.
GFI had a positive operating cash flow in the past year.
In the past 5 years GFI has always been profitable.
GFI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GFI has a Return On Assets of 12.27%. This is amongst the best in the industry. GFI outperforms 92.95% of its industry peers.
The Return On Equity of GFI (23.94%) is better than 96.15% of its industry peers.
GFI's Return On Invested Capital of 17.69% is amongst the best of the industry. GFI outperforms 96.15% of its industry peers.
GFI had an Average Return On Invested Capital over the past 3 years of 16.80%. This is above the industry average of 12.88%.
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
Looking at the Profit Margin, with a value of 23.93%, GFI belongs to the top of the industry, outperforming 90.38% of the companies in the same industry.
In the last couple of years the Profit Margin of GFI has grown nicely.
GFI has a better Operating Margin (45.33%) than 94.87% of its industry peers.
GFI's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 51.51%, GFI belongs to the top of the industry, outperforming 89.10% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GFI is still creating some value.
Compared to 1 year ago, GFI has about the same amount of shares outstanding.
Compared to 5 years ago, GFI has more shares outstanding
Compared to 1 year ago, GFI has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.11 indicates that GFI is not in any danger for bankruptcy at the moment.
GFI has a better Altman-Z score (6.11) 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 67.95% of the companies in the same industry.
GFI has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
GFI's Debt to Equity ratio of 0.41 is on the low side compared to the rest of the industry. GFI is outperformed by 71.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 7.04 | ||
| Altman-Z | 6.11 |
ROIC/WACC1.19
WACC14.83%
2.3 Liquidity
GFI has a Current Ratio of 1.13. This is a normal value and indicates that GFI is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of GFI (1.13) is worse than 80.13% of its industry peers.
A Quick Ratio of 0.72 indicates that GFI may have some problems paying its short term obligations.
GFI's Quick ratio of 0.72 is on the low side compared to the rest of the industry. GFI is outperformed by 80.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 77.80% over the past year.
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.
GFI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.88% yearly.
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 31.16% on average per year.
GFI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.92% yearly.
EPS Next Y146.76%
EPS Next 2Y70.64%
EPS Next 3Y31.16%
EPS Next 5YN/A
Revenue Next Year54.48%
Revenue Next 2Y33.2%
Revenue Next 3Y17.92%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
With a Price/Earnings ratio of 29.39, GFI can be considered very expensive at the moment.
69.87% of the companies in the same industry are more expensive than GFI, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.32, GFI is valued at the same level.
A Price/Forward Earnings ratio of 12.94 indicates a correct valuation of GFI.
GFI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. GFI is cheaper than 75.64% of the companies in the same industry.
GFI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.89, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.39 | ||
| Fwd PE | 12.94 |
4.2 Price Multiples
GFI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. GFI is cheaper than 66.67% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GFI is valued a bit cheaper than 62.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 87.38 | ||
| EV/EBITDA | 12.49 |
4.3 Compensation for Growth
GFI's 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 31.16% in the coming years.
PEG (NY)0.2
PEG (5Y)0.61
EPS Next 2Y70.64%
EPS Next 3Y31.16%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.15%, GFI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.51, GFI pays a better dividend. On top of this GFI pays more dividend than 87.18% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, GFI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.15% |
5.2 History
The dividend of GFI is nicely growing with an annual growth rate of 56.48%!
GFI has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)56.48%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The dividend of GFI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y70.64%
EPS Next 3Y31.16%
40.85
+1.52 (+3.86%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners57.63%
Inst Owner Change-4.08%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap36.56B
Analysts72.73
Price Target31.38 (-23.18%)
Short Float %0.65%
Short Ratio1.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.15% |
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)27.41%
PT rev (3m)30.79%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)17.09%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.16%
Revenue NY rev (3m)11.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.39 | ||
| Fwd PE | 12.94 | ||
| P/S | 7.03 | ||
| P/FCF | 87.38 | ||
| P/OCF | 22.75 | ||
| P/B | 7.03 | ||
| P/tB | 7.03 | ||
| EV/EBITDA | 12.49 |
EPS(TTM)1.39
EY3.4%
EPS(NY)3.16
Fwd EY7.73%
FCF(TTM)0.47
FCFY1.14%
OCF(TTM)1.8
OCFY4.4%
SpS5.81
BVpS5.81
TBVpS5.81
PEG (NY)0.2
PEG (5Y)0.61
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 | 6.11 |
F-Score5
WACC14.83%
ROIC/WACC1.19
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 Y146.76%
EPS Next 2Y70.64%
EPS Next 3Y31.16%
EPS Next 5YN/A
Revenue 1Y (TTM)15.57%
Revenue growth 3Y7.43%
Revenue growth 5Y11.88%
Sales Q2Q%37.74%
Revenue Next Year54.48%
Revenue Next 2Y33.2%
Revenue Next 3Y17.92%
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%