KINROSS GOLD CORP (KGC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KGC - CA4969024047 - Common Stock
27.92 USD
-0.63 (-2.21%)
27.91 USD
-0.01 (-0.04%)
We assign a fundamental rating of 7 out of 10 to KGC. KGC was compared to 156 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! These ratings could make KGC a good candidate 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.
Of the past 5 years KGC 4 years were profitable.
In the past 5 years KGC always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of KGC (13.34%) is better than 92.90% of its industry peers.
KGC's Return On Equity of 20.25% is amongst the best of the industry. KGC outperforms 92.26% of its industry peers.
KGC's Return On Invested Capital of 13.90% is amongst the best of the industry. KGC outperforms 89.68% 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 13.23%.
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
KGC has a Profit Margin of 25.19%. This is amongst the best in the industry. KGC outperforms 90.32% of its industry peers.
In the last couple of years the Profit Margin of KGC has declined.
With an excellent Operating Margin value of 38.20%, KGC belongs to the best of the industry, outperforming 89.03% of the companies in the same industry.
In the last couple of years the Operating Margin of KGC has grown nicely.
Looking at the Gross Margin, with a value of 44.10%, KGC is in the better half of the industry, outperforming 78.06% of the companies in the same industry.
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
KGC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
KGC has about the same amout of shares outstanding than it did 1 year ago.
KGC has less shares outstanding than it did 5 years ago.
The debt/assets ratio for KGC has been reduced compared to a year ago.
2.2 Solvency
KGC has an Altman-Z score of 5.66. 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 5.66, KGC is in the better half of the industry, outperforming 67.74% 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 90.32% 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.
KGC has a Debt to Equity ratio (0.16) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 5.66 |
ROIC/WACC1.53
WACC9.08%
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's Current ratio of 2.84 is in line compared to the rest of the industry. KGC outperforms 57.42% of its industry peers.
A Quick Ratio of 1.45 indicates that KGC should not have too much problems paying its short term obligations.
The Quick ratio of KGC (1.45) is comparable to the rest of the industry.
| 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.
Measured over the past years, KGC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.87% on average per year.
The Revenue has grown by 32.90% in the past year. This is a very strong growth!
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
KGC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.16% yearly.
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
A Price/Earnings ratio of 20.23 indicates a rather expensive valuation of KGC.
Compared to the rest of the industry, the Price/Earnings ratio of KGC indicates a rather cheap valuation: KGC is cheaper than 82.58% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of KGC to the average of the S&P500 Index (26.56), we can say KGC is valued slightly cheaper.
KGC is valuated correctly with a Price/Forward Earnings ratio of 12.52.
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.
KGC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.23 | ||
| Fwd PE | 12.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KGC is valued a bit cheaper than the industry average as 74.19% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, KGC is valued cheaper than 91.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.99 | ||
| EV/EBITDA | 10.12 |
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.
KGC's earnings are expected to grow with 49.87% in the coming years. This may justify a more expensive valuation.
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 0.41%, which is pretty low.
Compared to an average industry Dividend Yield of 1.03, KGC pays a bit more dividend than its industry peers.
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 | 0.41% |
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
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 | 0.41% |
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 | 20.23 | ||
| 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 | 10.12 |
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 | 5.66 |
F-Score8
WACC9.08%
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%.