KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KGC - CA4969024047 - Common Stock
28.59 USD
+0.6 (+2.14%)
28.8083 USD
+0.22 (+0.76%)
Taking everything into account, KGC scores 7 out of 10 in our fundamental rating. KGC was compared to 156 industry peers in the Metals & Mining industry. KGC scores excellent points on both the profitability and health parts. This is a solid base for a good stock. A decent growth rate in combination with a cheap valuation! Better keep an eye on KGC. These ratings would make KGC suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year KGC was profitable.
In the past year KGC had a positive cash flow from operations.
KGC had positive earnings in 4 of the past 5 years.
In the past 5 years KGC always reported a positive cash flow from operatings.
1.2 Ratios
KGC's Return On Assets of 13.34% is amongst the best of the industry. KGC outperforms 92.95% of its industry peers.
KGC's Return On Equity of 20.25% is amongst the best of the industry. KGC outperforms 92.31% of its industry peers.
KGC has a Return On Invested Capital of 13.90%. This is amongst the best in the industry. KGC outperforms 89.74% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KGC is significantly below the industry average of 13.25%.
The 3 year average ROIC (6.23%) for KGC is below the current ROIC(13.90%), indicating increased profibility in the last year.
| 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
With an excellent Profit Margin value of 25.19%, KGC belongs to the best of the industry, outperforming 90.38% of the companies in the same industry.
KGC's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 38.20%, KGC belongs to the top of the industry, outperforming 89.10% of the companies in the same industry.
In the last couple of years the Operating Margin of KGC has grown nicely.
KGC has a Gross Margin of 44.10%. This is in the better half of the industry: KGC outperforms 78.21% of its industry peers.
KGC's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KGC is still creating some value.
KGC has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, KGC has less shares outstanding
The debt/assets ratio for KGC has been reduced compared to a year ago.
2.2 Solvency
KGC has an Altman-Z score of 5.67. This indicates that KGC is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 5.67, KGC is doing good in the industry, outperforming 67.31% of the companies in the same industry.
The Debt to FCF ratio of KGC is 0.62, which is an excellent value as it means it would take KGC, only 0.62 years of fcf income to pay off all of its debts.
KGC has a Debt to FCF ratio of 0.62. This is amongst the best in the industry. KGC outperforms 90.38% of its industry peers.
KGC has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of KGC (0.16) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 5.67 |
ROIC/WACC1.53
WACC9.09%
2.3 Liquidity
A Current Ratio of 2.84 indicates that KGC has no problem at all paying its short term obligations.
KGC has a Current ratio of 2.84. This is comparable to the rest of the industry: KGC outperforms 57.05% of its industry peers.
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 (1.45) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
KGC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 133.90%, which is quite impressive.
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%.
The Revenue has been growing by 8.04% on average over the past years. This is quite good.
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.
Based on estimates for the next years, KGC will show a decrease in Revenue. The Revenue will decrease by -4.86% on average per year.
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.
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.72, which indicates a rather expensive current valuation of KGC.
Based on the Price/Earnings ratio, KGC is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.38, KGC is valued a bit cheaper.
With a Price/Forward Earnings ratio of 12.82, KGC is valued correctly.
KGC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. KGC is cheaper than 75.64% of the companies in the same industry.
KGC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.72 | ||
| Fwd PE | 12.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KGC is valued a bit cheaper than the industry average as 73.08% of the companies are valued more expensively.
KGC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. KGC is cheaper than 91.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.4 | ||
| EV/EBITDA | 10.14 |
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.
A more expensive valuation may be justified as KGC's earnings are expected to grow with 49.87% in the coming years.
PEG (NY)0.14
PEG (5Y)1.39
EPS Next 2Y81.12%
EPS Next 3Y49.87%
5. Dividend
5.1 Amount
With a yearly dividend of 0.42%, KGC is not a good candidate for dividend investing.
KGC's Dividend Yield is a higher than the industry average which is at 1.03.
Compared to an average S&P500 Dividend Yield of 1.87, KGC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
5.2 History
KGC has been paying a dividend for at least 10 years, so it has 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
9.65% of the earnings are spent on dividend by KGC. This is a low number and sustainable payout ratio.
DP9.65%
EPS Next 2Y81.12%
EPS Next 3Y49.87%
28.59
+0.6 (+2.14%)
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 Cap34.51B
Revenue(TTM)6.44B
Net Income(TTM)1.53B
Analysts78.57
Price Target31.83 (11.33%)
Short Float %1.77%
Short Ratio2.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
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)32.76%
PT rev (3m)48.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.21%
EPS NY rev (1m)8.93%
EPS NY rev (3m)15.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)3.97%
Revenue NY rev (3m)5.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.72 | ||
| Fwd PE | 12.82 | ||
| P/S | 5.68 | ||
| P/FCF | 17.4 | ||
| P/OCF | 11.29 | ||
| P/B | 4.57 | ||
| P/tB | 4.57 | ||
| EV/EBITDA | 10.14 |
EPS(TTM)1.38
EY4.83%
EPS(NY)2.23
Fwd EY7.8%
FCF(TTM)1.64
FCFY5.75%
OCF(TTM)2.53
OCFY8.86%
SpS5.03
BVpS6.26
TBVpS6.26
PEG (NY)0.14
PEG (5Y)1.39
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 | 5.67 |
F-Score8
WACC9.09%
ROIC/WACC1.53
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%.