KINROSS GOLD CORP (KIN2.DE) Stock Fundamental Analysis
FRA:KIN2 - Deutsche Boerse Ag - CA4969024047 - Common Stock - Currency: EUR
KIN2 gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 39 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making KIN2 a very profitable company, without any liquidiy or solvency issues. KIN2 has a decent growth rate and is not valued too expensively. These ratings would make KIN2 suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year KIN2 was profitable.
KIN2 had a positive operating cash flow in the past year.
KIN2 had positive earnings in 4 of the past 5 years.
KIN2 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 8.73%, KIN2 belongs to the top of the industry, outperforming 82.05% of the companies in the same industry.
KIN2 has a Return On Equity of 13.83%. This is in the better half of the industry: KIN2 outperforms 79.49% of its industry peers.
KIN2 has a Return On Invested Capital of 9.40%. This is in the better half of the industry: KIN2 outperforms 76.92% of its industry peers.
KIN2 had an Average Return On Invested Capital over the past 3 years of 6.23%. This is in line with the industry average of 7.39%.
The 3 year average ROIC (6.23%) for KIN2 is below the current ROIC(9.40%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.73% | ||
| ROE | 13.83% | ||
| ROIC | 9.4% |
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
The Profit Margin of KIN2 (18.43%) is better than 84.62% of its industry peers.
KIN2's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 28.48%, KIN2 belongs to the best of the industry, outperforming 87.18% of the companies in the same industry.
KIN2's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 35.04%, KIN2 is doing good in the industry, outperforming 64.10% of the companies in the same industry.
In the last couple of years the Gross Margin of KIN2 has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.48% | ||
| PM (TTM) | 18.43% | ||
| GM | 35.04% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KIN2 is creating some value.
Compared to 1 year ago, KIN2 has about the same amount of shares outstanding.
KIN2 has less shares outstanding than it did 5 years ago.
KIN2 has a better debt/assets ratio than last year.
2.2 Solvency
KIN2 has an Altman-Z score of 2.94. This is not the best score and indicates that KIN2 is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of KIN2 (2.94) is better than 79.49% of its industry peers.
The Debt to FCF ratio of KIN2 is 1.05, which is an excellent value as it means it would take KIN2, only 1.05 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.05, KIN2 belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
KIN2 has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
KIN2's Debt to Equity ratio of 0.18 is in line compared to the rest of the industry. KIN2 outperforms 58.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.05 | ||
| Altman-Z | 2.94 |
ROIC/WACC1.07
WACC8.76%
2.3 Liquidity
A Current Ratio of 2.01 indicates that KIN2 has no problem at all paying its short term obligations.
KIN2 has a Current ratio of 2.01. This is in the better half of the industry: KIN2 outperforms 71.79% of its industry peers.
A Quick Ratio of 0.83 indicates that KIN2 may have some problems paying its short term obligations.
KIN2 has a Quick ratio of 0.83. This is in the lower half of the industry: KIN2 underperforms 64.10% of its industry peers.
KIN2 does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
KIN2 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 87.23%, which is quite impressive.
KIN2 shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.87% yearly.
KIN2 shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.71%.
The Revenue has been growing by 8.04% on average over the past years. This is quite good.
EPS 1Y (TTM)87.23%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%200%
Revenue 1Y (TTM)26.71%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%38.47%
3.2 Future
The Earnings Per Share is expected to grow by 5.95% on average over the next years.
The Revenue is expected to decrease by -1.05% on average over the next years.
EPS Next Y40.71%
EPS Next 2Y20.9%
EPS Next 3Y14.28%
EPS Next 5Y5.95%
Revenue Next Year16.44%
Revenue Next 2Y9.09%
Revenue Next 3Y5.54%
Revenue Next 5Y-1.05%
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.
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 18.39, KIN2 is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of KIN2 is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.46, KIN2 is valued a bit cheaper.
KIN2 is valuated correctly with a Price/Forward Earnings ratio of 16.19.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KIN2 is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of KIN2 to the average of the S&P500 Index (36.44), we can say KIN2 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.39 | ||
| Fwd PE | 16.19 |
4.2 Price Multiples
KIN2's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KIN2 indicates a rather cheap valuation: KIN2 is cheaper than 89.74% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.4 | ||
| EV/EBITDA | 7.87 |
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.
KIN2 has an outstanding profitability rating, which may justify a higher PE ratio.
KIN2's earnings are expected to grow with 14.28% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.45
PEG (5Y)1.24
EPS Next 2Y20.9%
EPS Next 3Y14.28%
5. Dividend
5.1 Amount
With a yearly dividend of 0.77%, KIN2 is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.08, KIN2 has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, KIN2's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
15.55% of the earnings are spent on dividend by KIN2. This is a low number and sustainable payout ratio.
DP15.55%
EPS Next 2Y20.9%
EPS Next 3Y14.28%
FRA:KIN2 (7/21/2025, 7:00:00 PM)
13.79
+0.64 (+4.87%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.33%
Inst Owner ChangeN/A
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap16.92B
Analysts80
Price Target16.61 (20.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
Yearly Dividend0.1
Dividend Growth(5Y)N/A
DP15.55%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.54%
Min EPS beat(2)-18.81%
Max EPS beat(2)25.89%
EPS beat(4)3
Avg EPS beat(4)16.49%
Min EPS beat(4)-18.81%
Max EPS beat(4)57.06%
EPS beat(8)7
Avg EPS beat(8)29.26%
EPS beat(12)8
Avg EPS beat(12)13.27%
EPS beat(16)10
Avg EPS beat(16)12.49%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)1.03%
PT rev (3m)25.85%
EPS NQ rev (1m)1.39%
EPS NQ rev (3m)3.36%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.39 | ||
| Fwd PE | 16.19 | ||
| P/S | 3.83 | ||
| P/FCF | 14.4 | ||
| P/OCF | 8.07 | ||
| P/B | 2.88 | ||
| P/tB | 2.88 | ||
| EV/EBITDA | 7.87 |
EPS(TTM)0.75
EY5.44%
EPS(NY)0.85
Fwd EY6.18%
FCF(TTM)0.96
FCFY6.95%
OCF(TTM)1.71
OCFY12.39%
SpS3.6
BVpS4.79
TBVpS4.79
PEG (NY)0.45
PEG (5Y)1.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.73% | ||
| ROE | 13.83% | ||
| ROCE | 14.95% | ||
| ROIC | 9.4% | ||
| ROICexc | 10.02% | ||
| ROICexgc | 10.02% | ||
| OM | 28.48% | ||
| PM (TTM) | 18.43% | ||
| GM | 35.04% | ||
| FCFM | 26.63% |
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%
ROICexcg growth 3Y20.62%
ROICexcg 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-Score7
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.05 | ||
| Debt/EBITDA | 0.47 | ||
| Cap/Depr | 93.73% | ||
| Cap/Sales | 20.89% | ||
| Interest Coverage | 11.44 | ||
| Cash Conversion | 93.6% | ||
| Profit Quality | 144.49% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 2.94 |
F-Score7
WACC8.76%
ROIC/WACC1.07
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)87.23%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%200%
EPS Next Y40.71%
EPS Next 2Y20.9%
EPS Next 3Y14.28%
EPS Next 5Y5.95%
Revenue 1Y (TTM)26.71%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%38.47%
Revenue Next Year16.44%
Revenue Next 2Y9.09%
Revenue Next 3Y5.54%
Revenue Next 5Y-1.05%
EBIT growth 1Y74.49%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year131.51%
EBIT Next 3Y30.48%
EBIT Next 5Y11.84%
FCF growth 1Y170.39%
FCF growth 3Y91.05%
FCF growth 5Y62.85%
OCF growth 1Y52.4%
OCF growth 3Y29.17%
OCF growth 5Y14.84%