GOLD FIELDS LTD-SPONS ADR (GFI) Stock Fundamental Analysis
NYSE:GFI - New York Stock Exchange, Inc. - US38059T1060 - ADR - Currency: USD
Taking everything into account, GFI scores 7 out of 10 in our fundamental rating. GFI was compared to 153 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 growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
GFI had positive earnings in the past year.
In the past year GFI had a positive cash flow from operations.
GFI had positive earnings in each of the past 5 years.
In the past 5 years GFI always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 12.27%, GFI belongs to the top of the industry, outperforming 90.85% of the companies in the same industry.
Looking at the Return On Equity, with a value of 23.94%, GFI belongs to the top of the industry, outperforming 94.12% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 17.69%, GFI belongs to the top of the industry, outperforming 96.73% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for GFI is significantly above the industry average of 8.53%.
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 Profit Margin of 23.93%. This is amongst the best in the industry. GFI outperforms 91.50% of its industry peers.
GFI's Profit Margin has improved in the last couple of years.
GFI has a Operating Margin of 45.33%. This is amongst the best in the industry. GFI outperforms 95.42% of its industry peers.
In the last couple of years the Operating Margin of GFI has grown nicely.
The Gross Margin of GFI (45.33%) is better than 86.27% of its industry peers.
In the last couple of years the Gross Margin of GFI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.33% | ||
| PM (TTM) | 23.93% | ||
| GM | 45.33% |
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.
GFI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, GFI has more shares outstanding
GFI has a worse debt/assets ratio than last year.
2.2 Solvency
GFI has an Altman-Z score of 4.29. This indicates that GFI is financially healthy and has little risk of bankruptcy at the moment.
GFI has a Altman-Z score of 4.29. This is in the better half of the industry: GFI outperforms 69.28% 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.
GFI has a Debt to FCF ratio of 7.04. This is in the better half of the industry: GFI outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 0.41 indicates that GFI is not too dependend on debt financing.
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 69.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 7.04 | ||
| Altman-Z | 4.29 |
ROIC/WACC1.12
WACC15.83%
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.
GFI has a Current ratio of 1.13. This is amonst the worse of the industry: GFI underperforms 80.39% of its industry peers.
GFI has a Quick Ratio of 1.13. This is a bad value and indicates that GFI is not financially healthy enough and could expect problems in meeting its short term obligations.
GFI has a Quick ratio of 0.72. This is in the lower half of the industry: GFI underperforms 79.74% 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.
The Earnings Per Share has been growing by 48.07% on average over the past years. This is a very strong growth
GFI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.57%.
The Revenue has been growing by 11.88% on average over the past years. This is quite good.
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
GFI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.09% yearly.
The Revenue is expected to grow by 13.01% 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 Year41.19%
Revenue Next 2Y26.56%
Revenue Next 3Y13.01%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.34, which indicates a correct valuation of GFI.
81.70% of the companies in the same industry are more expensive than GFI, based on the Price/Earnings ratio.
GFI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.85, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.91, the valuation of GFI can be described as very cheap.
Based on the Price/Forward Earnings ratio, GFI is valued cheaper than 90.85% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.77, GFI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.34 | ||
| Fwd PE | 7.91 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GFI indicates a somewhat cheap valuation: GFI is cheaper than 76.47% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, GFI is valued a bit cheaper than the industry average as 65.36% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.61 | ||
| EV/EBITDA | 7.46 |
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.
GFI's earnings are expected to grow with 27.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.14
PEG (5Y)0.32
EPS Next 2Y56.12%
EPS Next 3Y27.09%
5. Dividend
5.1 Amount
GFI has a Yearly Dividend Yield of 2.38%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.90, GFI pays a better dividend. On top of this GFI pays more dividend than 82.35% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, GFI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
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.
GFI has decreased its dividend recently.
Dividend Growth(5Y)56.48%
Div Incr Years1
Div Non Decr Years1
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 2Y56.12%
EPS Next 3Y27.09%
21.32
-1.22 (-5.41%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners61.53%
Inst Owner Change0.72%
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap19.08B
Analysts74.55
Price Target21.01 (-1.45%)
Short Float %0.77%
Short Ratio1.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
Yearly DividendN/A
Dividend Growth(5Y)56.48%
DPN/A
Div Incr Years1
Div Non Decr Years1
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)19.03%
PT rev (3m)35.29%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)68.03%
EPS NY rev (3m)22.61%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)7.57%
Revenue NY rev (3m)12.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.34 | ||
| Fwd PE | 7.91 | ||
| P/S | 3.67 | ||
| P/FCF | 45.61 | ||
| P/OCF | 11.87 | ||
| P/B | 3.67 | ||
| P/tB | 3.67 | ||
| EV/EBITDA | 7.46 |
EPS(TTM)1.39
EY6.52%
EPS(NY)2.7
Fwd EY12.64%
FCF(TTM)0.47
FCFY2.19%
OCF(TTM)1.8
OCFY8.42%
SpS5.81
BVpS5.81
TBVpS5.81
PEG (NY)0.14
PEG (5Y)0.32
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 | 45.33% | ||
| 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 | 4.29 |
F-Score5
WACC15.83%
ROIC/WACC1.12
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 Year41.19%
Revenue Next 2Y26.56%
Revenue Next 3Y13.01%
Revenue Next 5YN/A
EBIT growth 1Y34.45%
EBIT growth 3Y9.01%
EBIT growth 5Y20.36%
EBIT Next Year114.55%
EBIT Next 3Y33.19%
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%