KINROSS GOLD CORP (K.CA) Fundamental Analysis & Valuation

TSX:K • CA4969024047

Current stock price

43.68 CAD
-0.19 (-0.43%)
Last:

This K.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

9

1. K.CA Profitability Analysis

1.1 Basic Checks

  • K had positive earnings in the past year.
  • In the past year K had a positive cash flow from operations.
  • Of the past 5 years K 4 years were profitable.
  • K had a positive operating cash flow in each of the past 5 years.
K.CA Yearly Net Income VS EBIT VS OCF VS FCFK.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

1.2 Ratios

  • With an excellent Return On Assets value of 20.85%, K belongs to the best of the industry, outperforming 96.62% of the companies in the same industry.
  • With an excellent Return On Equity value of 31.64%, K belongs to the best of the industry, outperforming 97.24% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 21.75%, K belongs to the best of the industry, outperforming 98.12% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for K is in line with the industry average of 12.74%.
  • The 3 year average ROIC (12.46%) for K is below the current ROIC(21.75%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 20.85%
ROE 31.64%
ROIC 21.75%
ROA(3y)10.65%
ROA(5y)5.65%
ROE(3y)16.18%
ROE(5y)8.3%
ROIC(3y)12.46%
ROIC(5y)9.59%
K.CA Yearly ROA, ROE, ROICK.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

1.3 Margins

  • The Profit Margin of K (33.90%) is better than 95.99% of its industry peers.
  • K's Profit Margin has been stable in the last couple of years.
  • K has a better Operating Margin (44.84%) than 97.62% of its industry peers.
  • K's Operating Margin has improved in the last couple of years.
  • K has a Gross Margin of 51.05%. This is amongst the best in the industry. K outperforms 95.61% of its industry peers.
  • K's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 44.84%
PM (TTM) 33.9%
GM 51.05%
OM growth 3Y36.54%
OM growth 5Y7.04%
PM growth 3YN/A
PM growth 5Y1.25%
GM growth 3Y26.79%
GM growth 5Y5.51%
K.CA Yearly Profit, Operating, Gross MarginsK.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

8

2. K.CA Health Analysis

2.1 Basic Checks

  • K has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • K has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, K has less shares outstanding
  • Compared to 1 year ago, K has an improved debt to assets ratio.
K.CA Yearly Shares OutstandingK.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
K.CA Yearly Total Debt VS Total AssetsK.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • K has an Altman-Z score of 6.60. This indicates that K is financially healthy and has little risk of bankruptcy at the moment.
  • With a Altman-Z score value of 6.60, K perfoms like the industry average, outperforming 58.52% of the companies in the same industry.
  • K has a debt to FCF ratio of 0.48. This is a very positive value and a sign of high solvency as it would only need 0.48 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 0.48, K belongs to the top of the industry, outperforming 95.36% of the companies in the same industry.
  • A Debt/Equity ratio of 0.16 indicates that K is not too dependend on debt financing.
  • K's Debt to Equity ratio of 0.16 is on the low side compared to the rest of the industry. K is outperformed by 66.04% of its industry peers.
  • Even though the debt/equity ratio score it not favorable for K, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 0.48
Altman-Z 6.6
ROIC/WACC1.81
WACC12.03%
K.CA Yearly LT Debt VS Equity VS FCFK.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B

2.3 Liquidity

  • K has a Current Ratio of 2.84. This indicates that K is financially healthy and has no problem in meeting its short term obligations.
  • K has a Current ratio (2.84) which is in line with its industry peers.
  • K has a Quick Ratio of 1.45. This is a normal value and indicates that K is financially healthy and should not expect problems in meeting its short term obligations.
  • K has a Quick ratio (1.45) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 2.84
Quick Ratio 1.45
K.CA Yearly Current Assets VS Current LiabilitesK.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

5

3. K.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 172.06% over the past year.
  • K shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.16% yearly.
  • K shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.95%.
  • K shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.85% yearly.
EPS 1Y (TTM)172.06%
EPS 3Y100.36%
EPS 5Y19.16%
EPS Q2Q%235%
Revenue 1Y (TTM)36.95%
Revenue growth 3Y26.84%
Revenue growth 5Y10.85%
Sales Q2Q%42.89%

3.2 Future

  • The Earnings Per Share is expected to grow by 0.56% on average over the next years.
  • Based on estimates for the next years, K will show a decrease in Revenue. The Revenue will decrease by -9.94% on average per year.
EPS Next Y63.28%
EPS Next 2Y31.23%
EPS Next 3Y13.98%
EPS Next 5Y0.56%
Revenue Next Year34.77%
Revenue Next 2Y15.32%
Revenue Next 3Y7.84%
Revenue Next 5Y-9.94%

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.
K.CA Yearly Revenue VS EstimatesK.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B
K.CA Yearly EPS VS EstimatesK.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2 3

8

4. K.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • K is valuated correctly with a Price/Earnings ratio of 17.00.
  • K's Price/Earnings ratio is rather cheap when compared to the industry. K is cheaper than 92.98% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.21. K is valued slightly cheaper when compared to this.
  • A Price/Forward Earnings ratio of 10.40 indicates a reasonable valuation of K.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of K indicates a rather cheap valuation: K is cheaper than 92.36% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of K to the average of the S&P500 Index (23.13), we can say K is valued rather cheaply.
Industry RankSector Rank
PE 17
Fwd PE 10.4
K.CA Price Earnings VS Forward Price EarningsK.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, K is valued cheaper than 95.11% of the companies in the same industry.
  • 97.37% of the companies in the same industry are more expensive than K, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 14.68
EV/EBITDA 8.86
K.CA Per share dataK.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

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 K may justify a higher PE ratio.
  • K's earnings are expected to grow with 13.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)0.89
EPS Next 2Y31.23%
EPS Next 3Y13.98%

5

5. K.CA Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.41%, K is not a good candidate for dividend investing.
  • K's Dividend Yield is rather good when compared to the industry average which is at 0.89. K pays more dividend than 94.86% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.89, K's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.41%

5.2 History

  • The dividend of K is nicely growing with an annual growth rate of 15.81%!
  • K has been paying a dividend for at least 10 years, so it has a reliable track record.
  • As K did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)15.81%
Div Incr Years1
Div Non Decr Years5
K.CA Yearly Dividends per shareK.CA Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2024 2025 2026 0.02 0.04 0.06 0.08 0.1

5.3 Sustainability

  • K pays out 6.36% of its income as dividend. This is a sustainable payout ratio.
  • K's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP6.36%
EPS Next 2Y31.23%
EPS Next 3Y13.98%
K.CA Yearly Income VS Free CF VS DividendK.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B
K.CA Dividend Payout.K.CA Dividend Payout, showing the Payout Ratio.K.CA Dividend Payout.PayoutRetained Earnings

K.CA Fundamentals: All Metrics, Ratios and Statistics

KINROSS GOLD CORP

TSX:K (4/6/2026, 7:00:00 PM)

43.68

-0.19 (-0.43%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-18
Earnings (Next)04-29
Inst Owners66.57%
Inst Owner ChangeN/A
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap52.41B
Revenue(TTM)7.05B
Net Income(TTM)2.39B
Analysts80
Price Target63.5 (45.38%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.41%
Yearly Dividend0.17
Dividend Growth(5Y)15.81%
DP6.36%
Div Incr Years1
Div Non Decr Years5
Ex-Date03-11
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.76%
Min EPS beat(2)11.36%
Max EPS beat(2)20.16%
EPS beat(4)4
Avg EPS beat(4)26.57%
Min EPS beat(4)11.36%
Max EPS beat(4)46.17%
EPS beat(8)7
Avg EPS beat(8)21.53%
EPS beat(12)11
Avg EPS beat(12)28.36%
EPS beat(16)12
Avg EPS beat(16)16.6%
Revenue beat(2)1
Avg Revenue beat(2)5.19%
Min Revenue beat(2)-0.25%
Max Revenue beat(2)10.63%
Revenue beat(4)3
Avg Revenue beat(4)25730.6%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)102892%
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)5.24%
PT rev (3m)41.4%
EPS NQ rev (1m)12.72%
EPS NQ rev (3m)30.22%
EPS NY rev (1m)0%
EPS NY rev (3m)28.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)16.03%
Valuation
Industry RankSector Rank
PE 17
Fwd PE 10.4
P/S 5.34
P/FCF 14.68
P/OCF 10.02
P/B 4.99
P/tB 4.99
EV/EBITDA 8.86
EPS(TTM)2.57
EY5.88%
EPS(NY)4.2
Fwd EY9.62%
FCF(TTM)2.97
FCFY6.81%
OCF(TTM)4.36
OCFY9.98%
SpS8.17
BVpS8.76
TBVpS8.76
PEG (NY)0.27
PEG (5Y)0.89
Graham Number22.5
Profitability
Industry RankSector Rank
ROA 20.85%
ROE 31.64%
ROCE 30.12%
ROIC 21.75%
ROICexc 24.39%
ROICexgc 24.39%
OM 44.84%
PM (TTM) 33.9%
GM 51.05%
FCFM 36.4%
ROA(3y)10.65%
ROA(5y)5.65%
ROE(3y)16.18%
ROE(5y)8.3%
ROIC(3y)12.46%
ROIC(5y)9.59%
ROICexc(3y)14.08%
ROICexc(5y)10.7%
ROICexgc(3y)14.08%
ROICexgc(5y)10.72%
ROCE(3y)17.25%
ROCE(5y)13.29%
ROICexgc growth 3Y72%
ROICexgc growth 5Y15.82%
ROICexc growth 3Y72%
ROICexc growth 5Y16.26%
OM growth 3Y36.54%
OM growth 5Y7.04%
PM growth 3YN/A
PM growth 5Y1.25%
GM growth 3Y26.79%
GM growth 5Y5.51%
F-Score9
Asset Turnover0.62
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 0.48
Debt/EBITDA 0.29
Cap/Depr 108.07%
Cap/Sales 16.94%
Interest Coverage 37.19
Cash Conversion 88.14%
Profit Quality 107.37%
Current Ratio 2.84
Quick Ratio 1.45
Altman-Z 6.6
F-Score9
WACC12.03%
ROIC/WACC1.81
Cap/Depr(3y)104.37%
Cap/Depr(5y)104.44%
Cap/Sales(3y)21.24%
Cap/Sales(5y)22.2%
Profit Quality(3y)124.55%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)172.06%
EPS 3Y100.36%
EPS 5Y19.16%
EPS Q2Q%235%
EPS Next Y63.28%
EPS Next 2Y31.23%
EPS Next 3Y13.98%
EPS Next 5Y0.56%
Revenue 1Y (TTM)36.95%
Revenue growth 3Y26.84%
Revenue growth 5Y10.85%
Sales Q2Q%42.89%
Revenue Next Year34.77%
Revenue Next 2Y15.32%
Revenue Next 3Y7.84%
Revenue Next 5Y-9.94%
EBIT growth 1Y115.63%
EBIT growth 3Y73.19%
EBIT growth 5Y18.65%
EBIT Next Year105.63%
EBIT Next 3Y22.52%
EBIT Next 5Y-11.93%
FCF growth 1Y87.2%
FCF growth 3Y107.83%
FCF growth 5Y19.76%
OCF growth 1Y53.72%
OCF growth 3Y52.99%
OCF growth 5Y13.95%

KINROSS GOLD CORP / K.CA Fundamental Analysis FAQ

What is the fundamental rating for K stock?

ChartMill assigns a fundamental rating of 7 / 10 to K.CA.


Can you provide the valuation status for KINROSS GOLD CORP?

ChartMill assigns a valuation rating of 8 / 10 to KINROSS GOLD CORP (K.CA). This can be considered as Undervalued.


Can you provide the profitability details for KINROSS GOLD CORP?

KINROSS GOLD CORP (K.CA) has a profitability rating of 9 / 10.


Can you provide the expected EPS growth for K stock?

The Earnings per Share (EPS) of KINROSS GOLD CORP (K.CA) is expected to grow by 63.28% in the next year.


Is the dividend of KINROSS GOLD CORP sustainable?

The dividend rating of KINROSS GOLD CORP (K.CA) is 5 / 10 and the dividend payout ratio is 6.36%.