GOLD FIELDS LTD-SPONS ADR (GFI) Stock Fundamental Analysis
USA - NYSE:GFI - US38059T1060 - ADR
43.76 USD
+0.62 (+1.44%)
43.3422 USD
-0.42 (-0.95%)
We assign a fundamental rating of 8 out of 10 to GFI. GFI was compared to 155 industry peers in the Metals & Mining industry. GFI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. An interesting combination arises when we look at growth and value: GFI is growing strongly while it also seems undervalued. These ratings could make GFI a good candidate for value and growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year GFI was profitable.
GFI had a positive operating cash flow in the past year.
GFI had positive earnings in each of the past 5 years.
Each year in the past 5 years GFI had a positive operating cash flow.
1.2 Ratios
GFI has a Return On Assets of 17.34%. This is amongst the best in the industry. GFI outperforms 96.77% of its industry peers.
GFI has a better Return On Equity (30.95%) than 96.77% of its industry peers.
GFI's Return On Invested Capital of 22.56% is amongst the best of the industry. GFI outperforms 98.06% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GFI is above the industry average of 12.30%.
The last Return On Invested Capital (22.56%) for GFI is above the 3 year average (16.80%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.34% | ||
| ROE | 30.95% | ||
| ROIC | 22.56% |
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 28.72%, GFI belongs to the top of the industry, outperforming 92.26% of the companies in the same industry.
In the last couple of years the Profit Margin of GFI has grown nicely.
GFI's Operating Margin of 53.08% is amongst the best of the industry. GFI outperforms 96.77% of its industry peers.
In the last couple of years the Operating Margin of GFI has grown nicely.
GFI has a Gross Margin of 57.99%. This is amongst the best in the industry. GFI outperforms 90.97% of its industry peers.
In the last couple of years the Gross Margin of GFI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.08% | ||
| PM (TTM) | 28.72% | ||
| GM | 57.99% |
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.
The number of shares outstanding for GFI has been increased compared to 5 years ago.
GFI has a worse debt/assets ratio than last year.
2.2 Solvency
GFI has an Altman-Z score of 7.21. This indicates that GFI is financially healthy and has little risk of bankruptcy at the moment.
GFI's Altman-Z score of 7.21 is fine compared to the rest of the industry. GFI outperforms 72.90% of its industry peers.
GFI has a debt to FCF ratio of 2.08. This is a good value and a sign of high solvency as GFI would need 2.08 years to pay back of all of its debts.
GFI has a Debt to FCF ratio of 2.08. This is amongst the best in the industry. GFI outperforms 81.29% of its industry peers.
GFI has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
GFI has a Debt to Equity ratio of 0.41. This is in the lower half of the industry: GFI underperforms 72.90% of its industry peers.
Even though the debt/equity ratio score it not favorable for GFI, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 2.08 | ||
| Altman-Z | 7.21 |
ROIC/WACC1.57
WACC14.37%
2.3 Liquidity
GFI has a Current Ratio of 1.89. This is a normal value and indicates that GFI is financially healthy and should not expect problems in meeting its short term obligations.
GFI's Current ratio of 1.89 is on the low side compared to the rest of the industry. GFI is outperformed by 60.65% of its industry peers.
GFI has a Quick Ratio of 1.89. This is a normal value and indicates that GFI is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.89, GFI perfoms like the industry average, outperforming 56.77% of the companies in the same industry.
GFI does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.89 |
3. Growth
3.1 Past
GFI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 196.68%, which is quite impressive.
GFI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 48.07% yearly.
Looking at the last year, GFI shows a very strong growth in Revenue. The Revenue has grown by 50.41%.
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)196.68%
EPS 3Y16.47%
EPS 5Y48.07%
EPS Q2Q%161.25%
Revenue 1Y (TTM)50.41%
Revenue growth 3Y7.43%
Revenue growth 5Y11.88%
Sales Q2Q%63.73%
3.2 Future
The Earnings Per Share is expected to grow by 35.90% on average over the next years. This is a very strong growth
GFI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.65% yearly.
EPS Next Y141.81%
EPS Next 2Y72.37%
EPS Next 3Y35.9%
EPS Next 5YN/A
Revenue Next Year54.96%
Revenue Next 2Y34.04%
Revenue Next 3Y18.65%
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
Based on the Price/Earnings ratio of 20.94, the valuation of GFI can be described as rather expensive.
Based on the Price/Earnings ratio, GFI is valued cheaply inside the industry as 82.58% of the companies are valued more expensively.
GFI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.69, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 11.52, the valuation of GFI can be described as very reasonable.
Based on the Price/Forward Earnings ratio, GFI is valued cheaper than 81.94% of the companies in the same industry.
GFI is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.18, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.94 | ||
| Fwd PE | 11.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GFI is valued a bit cheaper than 80.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GFI indicates a somewhat cheap valuation: GFI is cheaper than 76.77% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.94 | ||
| EV/EBITDA | 9.51 |
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.
GFI's earnings are expected to grow with 35.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.15
PEG (5Y)0.44
EPS Next 2Y72.37%
EPS Next 3Y35.9%
5. Dividend
5.1 Amount
GFI has a Yearly Dividend Yield of 1.75%.
GFI's Dividend Yield is rather good when compared to the industry average which is at 2.42. GFI pays more dividend than 84.52% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.34, GFI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
5.2 History
On average, the dividend of GFI grows each year by 56.48%, which is quite nice.
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 2Y72.37%
EPS Next 3Y35.9%
43.76
+0.62 (+1.44%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners58.85%
Inst Owner Change-0.05%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap39.17B
Analysts70.91
Price Target34.67 (-20.77%)
Short Float %0.71%
Short Ratio1.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
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)10.48%
PT rev (3m)40.76%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.07%
EPS NY rev (3m)14.67%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)11.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.94 | ||
| Fwd PE | 11.52 | ||
| P/S | 5.97 | ||
| P/FCF | 31.94 | ||
| P/OCF | 15.78 | ||
| P/B | 6.44 | ||
| P/tB | 6.44 | ||
| EV/EBITDA | 9.51 |
EPS(TTM)2.09
EY4.78%
EPS(NY)3.8
Fwd EY8.68%
FCF(TTM)1.37
FCFY3.13%
OCF(TTM)2.77
OCFY6.34%
SpS7.32
BVpS6.8
TBVpS6.8
PEG (NY)0.15
PEG (5Y)0.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.34% | ||
| ROE | 30.95% | ||
| ROCE | 35.67% | ||
| ROIC | 22.56% | ||
| ROICexc | 25.33% | ||
| ROICexgc | 25.33% | ||
| OM | 53.08% | ||
| PM (TTM) | 28.72% | ||
| GM | 57.99% | ||
| FCFM | 18.7% |
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-Score7
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 2.08 | ||
| Debt/EBITDA | 0.59 | ||
| Cap/Depr | 170.83% | ||
| Cap/Sales | 19.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 58.9% | ||
| Profit Quality | 65.12% | ||
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.89 | ||
| Altman-Z | 7.21 |
F-Score7
WACC14.37%
ROIC/WACC1.57
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)196.68%
EPS 3Y16.47%
EPS 5Y48.07%
EPS Q2Q%161.25%
EPS Next Y141.81%
EPS Next 2Y72.37%
EPS Next 3Y35.9%
EPS Next 5YN/A
Revenue 1Y (TTM)50.41%
Revenue growth 3Y7.43%
Revenue growth 5Y11.88%
Sales Q2Q%63.73%
Revenue Next Year54.96%
Revenue Next 2Y34.04%
Revenue Next 3Y18.65%
Revenue Next 5YN/A
EBIT growth 1Y113.55%
EBIT growth 3Y9.01%
EBIT growth 5Y20.36%
EBIT Next Year156.6%
EBIT Next 3Y41.09%
EBIT Next 5YN/A
FCF growth 1Y684.96%
FCF growth 3Y43.53%
FCF growth 5Y12.47%
OCF growth 1Y108.98%
OCF growth 3Y9.32%
OCF growth 5Y13.72%