KINROSS GOLD CORP (KIN2.DE) Stock Fundamental Analysis
FRA:KIN2 - CA4969024047 - Common Stock
19.11 EUR
+0.28 (+1.49%)
We assign a fundamental rating of 6 out of 10 to KIN2. KIN2 was compared to 38 industry peers in the Metals & Mining industry. KIN2 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. KIN2 is not valued too expensively and it also shows a decent growth rate.
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.
In the past 5 years KIN2 always reported a positive cash flow from operatings.
1.2 Ratios
KIN2 has a Return On Assets of 14.08%. This is amongst the best in the industry. KIN2 outperforms 94.74% of its industry peers.
KIN2 has a Return On Equity of 22.29%. This is amongst the best in the industry. KIN2 outperforms 94.74% of its industry peers.
With an excellent Return On Invested Capital value of 14.87%, KIN2 belongs to the best of the industry, outperforming 94.74% of the companies in the same industry.
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 8.12%.
The 3 year average ROIC (6.23%) for KIN2 is below the current ROIC(14.87%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.08% | ||
| ROE | 22.29% | ||
| ROIC | 14.87% |
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
KIN2 has a better Profit Margin (25.18%) than 92.11% of its industry peers.
In the last couple of years the Profit Margin of KIN2 has declined.
KIN2's Operating Margin of 38.20% is amongst the best of the industry. KIN2 outperforms 89.47% of its industry peers.
KIN2's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 44.10%, KIN2 is in the better half of the industry, outperforming 71.05% of the companies in the same industry.
KIN2's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.2% | ||
| PM (TTM) | 25.18% | ||
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KIN2 is creating some value.
The number of shares outstanding for KIN2 remains at a similar level compared to 1 year ago.
Compared to 5 years ago, KIN2 has less shares outstanding
KIN2 has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.42 indicates that KIN2 is not in any danger for bankruptcy at the moment.
KIN2's Altman-Z score of 4.42 is amongst the best of the industry. KIN2 outperforms 89.47% of its industry peers.
The Debt to FCF ratio of KIN2 is 0.72, which is an excellent value as it means it would take KIN2, only 0.72 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.72, KIN2 belongs to the top of the industry, outperforming 97.37% of the companies in the same industry.
A Debt/Equity ratio of 0.18 indicates that KIN2 is not too dependend on debt financing.
KIN2's Debt to Equity ratio of 0.18 is fine compared to the rest of the industry. KIN2 outperforms 71.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.72 | ||
| Altman-Z | 4.42 |
ROIC/WACC1.61
WACC9.21%
2.3 Liquidity
A Current Ratio of 2.01 indicates that KIN2 has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.01, KIN2 is doing good in the industry, outperforming 60.53% of the companies in the same industry.
KIN2 has a Quick Ratio of 2.01. This is a bad value and indicates that KIN2 is not financially healthy enough and could expect problems in meeting its short term obligations.
KIN2 has a Quick ratio of 0.83. This is in the lower half of the industry: KIN2 underperforms 63.16% of its industry peers.
The current and quick ratio evaluation for KIN2 is rather negative, while it does have 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
The Earnings Per Share has grown by an impressive 151.06% over the past year.
The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
KIN2 shows a strong growth in Revenue. In the last year, the Revenue has grown by 34.40%.
The Revenue has been growing by 8.04% on average over the past years. This is quite good.
EPS 1Y (TTM)151.06%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%214.29%
Revenue 1Y (TTM)34.4%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%41.74%
3.2 Future
Based on estimates for the next years, KIN2 will show a decrease in Earnings Per Share. The EPS will decrease by -8.40% on average per year.
KIN2 is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.86% yearly.
EPS Next Y116.29%
EPS Next 2Y49.24%
EPS Next 3Y28.3%
EPS Next 5Y-8.4%
Revenue Next Year28.98%
Revenue Next 2Y15.48%
Revenue Next 3Y8.28%
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
The Price/Earnings ratio is 18.92, which indicates a rather expensive current valuation of KIN2.
63.16% of the companies in the same industry are more expensive than KIN2, based on the Price/Earnings ratio.
KIN2's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.02.
Based on the Price/Forward Earnings ratio of 14.80, the valuation of KIN2 can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as KIN2.
KIN2's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.66.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.92 | ||
| Fwd PE | 14.8 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KIN2 is on the same level as its industry peers.
KIN2's Price/Free Cash Flow ratio is rather cheap when compared to the industry. KIN2 is cheaper than 84.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.77 | ||
| EV/EBITDA | 8.15 |
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.
The excellent profitability rating of KIN2 may justify a higher PE ratio.
KIN2's earnings are expected to grow with 28.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.16
PEG (5Y)1.27
EPS Next 2Y49.24%
EPS Next 3Y28.3%
5. Dividend
5.1 Amount
With a yearly dividend of 0.55%, KIN2 is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.95, KIN2 is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.45, KIN2's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
KIN2 pays out 9.64% of its income as dividend. This is a sustainable payout ratio.
DP9.64%
EPS Next 2Y49.24%
EPS Next 3Y28.3%
FRA:KIN2 (9/8/2025, 7:00:00 PM)
19.11
+0.28 (+1.49%)
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 Cap23.29B
Analysts80
Price Target18.58 (-2.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
Yearly Dividend0.1
Dividend Growth(5Y)N/A
DP9.64%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)11.86%
PT rev (3m)13.02%
EPS NQ rev (1m)1.2%
EPS NQ rev (3m)64.32%
EPS NY rev (1m)53.71%
EPS NY rev (3m)53.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)6.82%
Revenue NY rev (3m)10.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.92 | ||
| Fwd PE | 14.8 | ||
| P/S | 4.5 | ||
| P/FCF | 13.77 | ||
| P/OCF | 8.93 | ||
| P/B | 3.98 | ||
| P/tB | 3.98 | ||
| EV/EBITDA | 8.15 |
EPS(TTM)1.01
EY5.29%
EPS(NY)1.29
Fwd EY6.76%
FCF(TTM)1.39
FCFY7.26%
OCF(TTM)2.14
OCFY11.19%
SpS4.25
BVpS4.8
TBVpS4.8
PEG (NY)0.16
PEG (5Y)1.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.08% | ||
| ROE | 22.29% | ||
| ROCE | 23.66% | ||
| ROIC | 14.87% | ||
| ROICexc | 15.86% | ||
| ROICexgc | 15.86% | ||
| OM | 38.2% | ||
| PM (TTM) | 25.18% | ||
| GM | 44.1% | ||
| FCFM | 32.67% |
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 Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.72 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 94.78% | ||
| Cap/Sales | 17.67% | ||
| Interest Coverage | 24.34 | ||
| Cash Conversion | 88.57% | ||
| Profit Quality | 129.73% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 4.42 |
F-Score7
WACC9.21%
ROIC/WACC1.61
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)151.06%
EPS 3Y17.42%
EPS 5Y14.87%
EPS Q2Q%214.29%
EPS Next Y116.29%
EPS Next 2Y49.24%
EPS Next 3Y28.3%
EPS Next 5Y-8.4%
Revenue 1Y (TTM)34.4%
Revenue growth 3Y11.35%
Revenue growth 5Y8.04%
Sales Q2Q%41.74%
Revenue Next Year28.98%
Revenue Next 2Y15.48%
Revenue Next 3Y8.28%
Revenue Next 5Y-4.86%
EBIT growth 1Y144.17%
EBIT growth 3Y21.5%
EBIT growth 5Y17.5%
EBIT Next Year131.51%
EBIT Next 3Y30.48%
EBIT Next 5Y1.99%
FCF growth 1Y356.37%
FCF growth 3Y91.05%
FCF growth 5Y62.85%
OCF growth 1Y110.57%
OCF growth 3Y29.17%
OCF growth 5Y14.84%