KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KGC - CA4969024047 - Common Stock
27.92 USD
-0.63 (-2.21%)
27.9088 USD
-0.01 (-0.04%)
We assign a fundamental rating of 7 out of 10 to KGC. KGC was compared to 155 industry peers in the Metals & Mining industry. KGC gets an excellent profitability rating and is at the same time showing great financial health properties. KGC is valued quite cheap, while showing a decent growth score. This is a good combination! This makes KGC very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year KGC was profitable.
KGC had a positive operating cash flow in the past year.
Of the past 5 years KGC 4 years were profitable.
KGC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 13.34%, KGC belongs to the top of the industry, outperforming 92.90% of the companies in the same industry.
The Return On Equity of KGC (20.25%) is better than 92.26% of its industry peers.
With an excellent Return On Invested Capital value of 13.90%, KGC belongs to the best of the industry, outperforming 90.32% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KGC is significantly below the industry average of 13.15%.
The last Return On Invested Capital (13.90%) for KGC is above the 3 year average (6.23%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.34% | ||
| ROE | 20.25% | ||
| ROIC | 13.9% |
ROA(3y)2.29%
ROA(5y)4.25%
ROE(3y)3.43%
ROE(5y)6.8%
ROIC(3y)6.23%
ROIC(5y)6.54%
1.3 Margins
Looking at the Profit Margin, with a value of 25.19%, KGC belongs to the top of the industry, outperforming 90.32% of the companies in the same industry.
In the last couple of years the Profit Margin of KGC has declined.
Looking at the Operating Margin, with a value of 38.20%, KGC belongs to the top of the industry, outperforming 89.68% of the companies in the same industry.
KGC's Operating Margin has improved in the last couple of years.
KGC has a Gross Margin of 44.10%. This is in the better half of the industry: KGC outperforms 78.71% of its industry peers.
In the last couple of years the Gross Margin of KGC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.2% | ||
| PM (TTM) | 25.19% | ||
| GM | 44.1% |
OM growth 3Y9.12%
OM growth 5Y8.75%
PM growth 3Y45.92%
PM growth 5Y-2.15%
GM growth 3Y3.98%
GM growth 5Y4.42%
2. Health
2.1 Basic Checks
KGC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, KGC has about the same amount of shares outstanding.
KGC has less shares outstanding than it did 5 years ago.
KGC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.77 indicates that KGC is not in any danger for bankruptcy at the moment.
KGC's Altman-Z score of 5.77 is fine compared to the rest of the industry. KGC outperforms 68.39% of its industry peers.
KGC has a debt to FCF ratio of 0.62. This is a very positive value and a sign of high solvency as it would only need 0.62 years to pay back of all of its debts.
The Debt to FCF ratio of KGC (0.62) is better than 90.97% of its industry peers.
A Debt/Equity ratio of 0.16 indicates that KGC is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.16, KGC is in line with its industry, outperforming 54.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 5.77 |
ROIC/WACC1.49
WACC9.3%
2.3 Liquidity
KGC has a Current Ratio of 2.84. This indicates that KGC is financially healthy and has no problem in meeting its short term obligations.
KGC has a Current ratio (2.84) which is comparable to the rest of the industry.
A Quick Ratio of 1.45 indicates that KGC should not have too much problems paying its short term obligations.
KGC has a Quick ratio of 1.45. This is comparable to the rest of the industry: KGC outperforms 45.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 133.90% over the past year.
KGC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.87% yearly.
Looking at the last year, KGC shows a very strong growth in Revenue. The Revenue has grown by 32.90%.
Measured over the past years, KGC shows a quite strong growth in Revenue. The Revenue has been growing by 8.04% on average per year.
EPS 1Y (TTM)133.9%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%83.33%
Revenue 1Y (TTM)32.9%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%25.84%
3.2 Future
Based on estimates for the next years, KGC will show a small growth in Earnings Per Share. The EPS will grow by 2.16% on average per year.
KGC is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.86% yearly.
EPS Next Y150.74%
EPS Next 2Y81.12%
EPS Next 3Y49.87%
EPS Next 5Y2.16%
Revenue Next Year36.24%
Revenue Next 2Y26.18%
Revenue Next 3Y16.36%
Revenue Next 5Y-4.86%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.23, KGC is valued on the expensive side.
Based on the Price/Earnings ratio, KGC is valued cheaper than 83.87% of the companies in the same industry.
When comparing the Price/Earnings ratio of KGC to the average of the S&P500 Index (26.54), we can say KGC is valued slightly cheaper.
A Price/Forward Earnings ratio of 12.52 indicates a correct valuation of KGC.
KGC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. KGC is cheaper than 76.13% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.78. KGC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.23 | ||
| Fwd PE | 12.52 |
4.2 Price Multiples
KGC's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. KGC is cheaper than 74.19% of the companies in the same industry.
KGC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. KGC is cheaper than 90.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.99 | ||
| EV/EBITDA | 10.34 |
4.3 Compensation for Growth
KGC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KGC has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as KGC's earnings are expected to grow with 49.87% in the coming years.
PEG (NY)0.13
PEG (5Y)1.36
EPS Next 2Y81.12%
EPS Next 3Y49.87%
5. Dividend
5.1 Amount
KGC has a yearly dividend return of 0.43%, which is pretty low.
Compared to an average industry Dividend Yield of 2.50, KGC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.27, KGC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
KGC has paid a dividend for at least 10 years, which is a reliable track record.
KGC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
KGC pays out 9.65% of its income as dividend. This is a sustainable payout ratio.
DP9.65%
EPS Next 2Y81.12%
EPS Next 3Y49.87%
27.92
-0.63 (-2.21%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.23%
Inst Owner Change0.99%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap33.70B
Revenue(TTM)6.44B
Net Income(TTM)1.53B
Analysts78.57
Price Target31.83 (14%)
Short Float %2.05%
Short Ratio1.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend0.12
Dividend Growth(5Y)N/A
DP9.65%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)37.38%
Min EPS beat(2)28.59%
Max EPS beat(2)46.17%
EPS beat(4)3
Avg EPS beat(4)20.46%
Min EPS beat(4)-18.81%
Max EPS beat(4)46.17%
EPS beat(8)7
Avg EPS beat(8)21.33%
EPS beat(12)10
Avg EPS beat(12)25.78%
EPS beat(16)12
Avg EPS beat(16)18.03%
Revenue beat(2)2
Avg Revenue beat(2)51455.9%
Min Revenue beat(2)20.12%
Max Revenue beat(2)102892%
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)32.05%
PT rev (3m)52.34%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.68%
EPS NY rev (1m)4.89%
EPS NY rev (3m)15.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)3.26%
Revenue NY rev (3m)5.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.23 | ||
| Fwd PE | 12.52 | ||
| P/S | 5.55 | ||
| P/FCF | 16.99 | ||
| P/OCF | 11.02 | ||
| P/B | 4.46 | ||
| P/tB | 4.46 | ||
| EV/EBITDA | 10.34 |
EPS(TTM)1.38
EY4.94%
EPS(NY)2.23
Fwd EY7.99%
FCF(TTM)1.64
FCFY5.89%
OCF(TTM)2.53
OCFY9.07%
SpS5.03
BVpS6.26
TBVpS6.26
PEG (NY)0.13
PEG (5Y)1.36
Graham Number13.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.34% | ||
| ROE | 20.25% | ||
| ROCE | 22.11% | ||
| ROIC | 13.9% | ||
| ROICexc | 13.9% | ||
| ROICexgc | 13.9% | ||
| OM | 38.2% | ||
| PM (TTM) | 25.19% | ||
| GM | 44.1% | ||
| FCFM | 32.66% |
ROA(3y)2.29%
ROA(5y)4.25%
ROE(3y)3.43%
ROE(5y)6.8%
ROIC(3y)6.23%
ROIC(5y)6.54%
ROICexc(3y)6.62%
ROICexc(5y)7.08%
ROICexgc(3y)6.62%
ROICexgc(5y)7.14%
ROCE(3y)9.92%
ROCE(5y)10.4%
ROICexgc growth 3Y20.62%
ROICexgc growth 5Y13.48%
ROICexc growth 3Y21.33%
ROICexc growth 5Y13.94%
OM growth 3Y9.12%
OM growth 5Y8.75%
PM growth 3Y45.92%
PM growth 5Y-2.15%
GM growth 3Y3.98%
GM growth 5Y4.42%
F-Score8
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 94.83% | ||
| Cap/Sales | 17.68% | ||
| Interest Coverage | 24.3 | ||
| Cash Conversion | 88.56% | ||
| Profit Quality | 129.68% | ||
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z | 5.77 |
F-Score8
WACC9.3%
ROIC/WACC1.49
Cap/Depr(3y)100.83%
Cap/Depr(5y)104.58%
Cap/Sales(3y)22.97%
Cap/Sales(5y)23.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)133.9%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%83.33%
EPS Next Y150.74%
EPS Next 2Y81.12%
EPS Next 3Y49.87%
EPS Next 5Y2.16%
Revenue 1Y (TTM)32.9%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%25.84%
Revenue Next Year36.24%
Revenue Next 2Y26.18%
Revenue Next 3Y16.36%
Revenue Next 5Y-4.86%
EBIT growth 1Y144.28%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year202.78%
EBIT Next 3Y55.73%
EBIT Next 5Y8.8%
FCF growth 1Y356.23%
FCF growth 3Y91.05%
FCF growth 5Y62.85%
OCF growth 1Y110.57%
OCF growth 3Y29.17%
OCF growth 5Y14.84%
KINROSS GOLD CORP / KGC FAQ
Can you provide the ChartMill fundamental rating for KINROSS GOLD CORP?
ChartMill assigns a fundamental rating of 7 / 10 to KGC.
What is the valuation status for KGC stock?
ChartMill assigns a valuation rating of 8 / 10 to KINROSS GOLD CORP (KGC). This can be considered as Undervalued.
How profitable is KINROSS GOLD CORP (KGC) stock?
KINROSS GOLD CORP (KGC) has a profitability rating of 8 / 10.
What is the expected EPS growth for KINROSS GOLD CORP (KGC) stock?
The Earnings per Share (EPS) of KINROSS GOLD CORP (KGC) is expected to grow by 150.74% in the next year.
Is the dividend of KINROSS GOLD CORP sustainable?
The dividend rating of KINROSS GOLD CORP (KGC) is 4 / 10 and the dividend payout ratio is 9.65%.