KINROSS GOLD CORP (KGC) Fundamental Analysis & Valuation

NYSE:KGC • CA4969024047

Current stock price

31.24 USD
+0.72 (+2.36%)
Last:

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

8

1. KGC Profitability Analysis

1.1 Basic Checks

  • In the past year KGC was profitable.
  • In the past year KGC had a positive cash flow from operations.
  • Of the past 5 years KGC 4 years were profitable.
  • In the past 5 years KGC always reported a positive cash flow from operatings.
KGC Yearly Net Income VS EBIT VS OCF VS FCFKGC 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%, KGC belongs to the best of the industry, outperforming 97.47% of the companies in the same industry.
  • KGC has a Return On Equity of 31.64%. This is amongst the best in the industry. KGC outperforms 95.57% of its industry peers.
  • KGC has a Return On Invested Capital of 21.75%. This is amongst the best in the industry. KGC outperforms 91.77% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for KGC is significantly below the industry average of 61.56%.
  • The last Return On Invested Capital (21.75%) for KGC is above the 3 year average (12.46%), which is a sign of increasing profitability.
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%
KGC Yearly ROA, ROE, ROICKGC 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 KGC (33.90%) is better than 92.41% of its industry peers.
  • KGC's Profit Margin has been stable in the last couple of years.
  • KGC's Operating Margin of 44.84% is amongst the best of the industry. KGC outperforms 91.77% of its industry peers.
  • In the last couple of years the Operating Margin of KGC has grown nicely.
  • KGC's Gross Margin of 51.05% is amongst the best of the industry. KGC outperforms 84.18% of its industry peers.
  • In the last couple of years the Gross Margin of KGC has grown nicely.
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%
KGC Yearly Profit, Operating, Gross MarginsKGC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

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8

2. KGC Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so KGC is creating value.
  • Compared to 1 year ago, KGC has less shares outstanding
  • The number of shares outstanding for KGC has been reduced compared to 5 years ago.
  • The debt/assets ratio for KGC has been reduced compared to a year ago.
KGC Yearly Shares OutstandingKGC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
KGC Yearly Total Debt VS Total AssetsKGC 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

  • KGC has an Altman-Z score of 6.43. This indicates that KGC is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 6.43, KGC is in the better half of the industry, outperforming 70.89% of the companies in the same industry.
  • KGC 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.
  • KGC has a better Debt to FCF ratio (0.48) than 92.41% of its industry peers.
  • A Debt/Equity ratio of 0.16 indicates that KGC is not too dependend on debt financing.
  • KGC's Debt to Equity ratio of 0.16 is in line compared to the rest of the industry. KGC outperforms 50.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 0.48
Altman-Z 6.43
ROIC/WACC1.8
WACC12.08%
KGC Yearly LT Debt VS Equity VS FCFKGC 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

  • A Current Ratio of 2.84 indicates that KGC has no problem at all paying its short term obligations.
  • With a Current ratio value of 2.84, KGC perfoms like the industry average, outperforming 57.59% of the companies in the same industry.
  • KGC has a Quick Ratio of 1.45. This is a normal value and indicates that KGC is financially healthy and should not expect problems in meeting its short term obligations.
  • KGC 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
KGC Yearly Current Assets VS Current LiabilitesKGC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. KGC Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 172.06% 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 19.16% yearly.
  • The Revenue has grown by 36.95% in the past year. This is a very strong growth!
  • The Revenue has been growing by 10.85% on average over the past years. This is quite good.
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

  • KGC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.56% yearly.
  • The Revenue is expected to decrease by -9.94% on average over the next years.
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 3Y6.64%
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.
KGC Yearly Revenue VS EstimatesKGC 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
KGC Yearly EPS VS EstimatesKGC 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

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8

4. KGC Valuation Analysis

4.1 Price/Earnings Ratio

  • KGC is valuated correctly with a Price/Earnings ratio of 16.89.
  • 84.18% of the companies in the same industry are more expensive than KGC, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of KGC to the average of the S&P500 Index (25.35), we can say KGC is valued slightly cheaper.
  • With a Price/Forward Earnings ratio of 10.34, the valuation of KGC can be described as very reasonable.
  • 77.22% of the companies in the same industry are more expensive than KGC, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 22.61, KGC is valued rather cheaply.
Industry RankSector Rank
PE 16.89
Fwd PE 10.34
KGC Price Earnings VS Forward Price EarningsKGC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KGC indicates a rather cheap valuation: KGC is cheaper than 82.91% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, KGC is valued cheaply inside the industry as 94.30% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 14.61
EV/EBITDA 8.61
KGC Per share dataKGC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

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.
  • KGC has an outstanding profitability rating, which may justify a higher PE ratio.
  • KGC'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)0.88
EPS Next 2Y31.23%
EPS Next 3Y13.98%

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5

5. KGC Dividend Analysis

5.1 Amount

  • KGC has a yearly dividend return of 0.42%, which is pretty low.
  • KGC's Dividend Yield is a higher than the industry average which is at 1.21.
  • With a Dividend Yield of 0.42, KGC pays less dividend than the S&P500 average, which is at 1.89.
Industry RankSector Rank
Dividend Yield 0.42%

5.2 History

  • On average, the dividend of KGC grows each year by 15.81%, which is quite nice.
  • 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)15.81%
Div Incr Years0
Div Non Decr Years4
KGC Yearly Dividends per shareKGC 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

  • 6.36% of the earnings are spent on dividend by KGC. This is a low number and sustainable payout ratio.
  • The dividend of KGC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP6.36%
EPS Next 2Y31.23%
EPS Next 3Y13.98%
KGC Yearly Income VS Free CF VS DividendKGC 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
KGC Dividend Payout.KGC Dividend Payout, showing the Payout Ratio.KGC Dividend Payout.PayoutRetained Earnings

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KGC Fundamentals: All Metrics, Ratios and Statistics

KINROSS GOLD CORP

NYSE:KGC (4/1/2026, 9:57:05 AM)

31.24

+0.72 (+2.36%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-18
Earnings (Next)04-29
Inst Owners66.57%
Inst Owner Change-2.65%
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap37.48B
Revenue(TTM)7.05B
Net Income(TTM)2.39B
Analysts78.67
Price Target44.04 (40.97%)
Short Float %1.41%
Short Ratio1.33
Dividend
Industry RankSector Rank
Dividend Yield 0.42%
Yearly Dividend0.13
Dividend Growth(5Y)15.81%
DP6.36%
Div Incr Years0
Div Non Decr Years4
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)0%
PT rev (3m)35.21%
EPS NQ rev (1m)5.88%
EPS NQ rev (3m)30.22%
EPS NY rev (1m)24.02%
EPS NY rev (3m)28.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)9.08%
Revenue NY rev (3m)16.03%
Valuation
Industry RankSector Rank
PE 16.89
Fwd PE 10.34
P/S 5.32
P/FCF 14.61
P/OCF 9.97
P/B 4.96
P/tB 4.96
EV/EBITDA 8.61
EPS(TTM)1.85
EY5.92%
EPS(NY)3.02
Fwd EY9.67%
FCF(TTM)2.14
FCFY6.85%
OCF(TTM)3.13
OCFY10.03%
SpS5.88
BVpS6.3
TBVpS6.3
PEG (NY)0.27
PEG (5Y)0.88
Graham Number16.19
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 6.43
F-Score9
WACC12.08%
ROIC/WACC1.8
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 3Y6.64%
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 / KGC Fundamental Analysis 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 of KINROSS GOLD CORP (KGC) stock?

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


Can you provide the profitability details for KINROSS GOLD CORP?

KINROSS GOLD CORP (KGC) has a profitability rating of 8 / 10.


What is the financial health of KINROSS GOLD CORP (KGC) stock?

The financial health rating of KINROSS GOLD CORP (KGC) is 8 / 10.


Can you provide the dividend sustainability for KGC stock?

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