KINROSS GOLD CORP (KIN2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:KIN2 - CA4969024047 - Common Stock
31.18 EUR
-1.39 (-4.27%)
Overall KIN2 gets a fundamental rating of 6 out of 10. We evaluated KIN2 against 45 industry peers in the Metals & Mining industry. KIN2 gets an excellent profitability rating and is at the same time showing great financial health properties. 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.
- Of the past 5 years KIN2 4 years were profitable.
- In the past 5 years KIN2 always reported a positive cash flow from operatings.
1.2 Ratios
- KIN2's Return On Assets of 13.34% is amongst the best of the industry. KIN2 outperforms 93.33% of its industry peers.
- KIN2 has a better Return On Equity (20.25%) than 88.89% of its industry peers.
- KIN2 has a Return On Invested Capital of 13.90%. This is amongst the best in the industry. KIN2 outperforms 93.33% 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 8.05%.
- The 3 year average ROIC (6.23%) for KIN2 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
- KIN2's Profit Margin of 25.19% is amongst the best of the industry. KIN2 outperforms 91.11% of its industry peers.
- In the last couple of years the Profit Margin of KIN2 has declined.
- KIN2 has a Operating Margin of 38.20%. This is amongst the best in the industry. KIN2 outperforms 88.89% of its industry peers.
- In the last couple of years the Operating Margin of KIN2 has grown nicely.
- KIN2's Gross Margin of 44.10% is fine compared to the rest of the industry. KIN2 outperforms 66.67% of its industry peers.
- In the last couple of years the Gross Margin of KIN2 has grown nicely.
| 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
- 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.
- Compared to 5 years ago, KIN2 has less shares outstanding
- The debt/assets ratio for KIN2 has been reduced compared to a year ago.
2.2 Solvency
- KIN2 has an Altman-Z score of 7.63. This indicates that KIN2 is financially healthy and has little risk of bankruptcy at the moment.
- KIN2's Altman-Z score of 7.63 is amongst the best of the industry. KIN2 outperforms 86.67% of its industry peers.
- The Debt to FCF ratio of KIN2 is 0.62, which is an excellent value as it means it would take KIN2, only 0.62 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of KIN2 (0.62) is better than 97.78% of its industry peers.
- A Debt/Equity ratio of 0.16 indicates that KIN2 is not too dependend on debt financing.
- KIN2 has a Debt to Equity ratio of 0.16. This is in the better half of the industry: KIN2 outperforms 68.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 7.63 |
ROIC/WACC1.43
WACC9.7%
2.3 Liquidity
- A Current Ratio of 2.84 indicates that KIN2 has no problem at all paying its short term obligations.
- KIN2's Current ratio of 2.84 is amongst the best of the industry. KIN2 outperforms 84.44% of its industry peers.
- A Quick Ratio of 1.45 indicates that KIN2 should not have too much problems paying its short term obligations.
- KIN2 has a Quick ratio of 1.45. This is comparable to the rest of the industry: KIN2 outperforms 57.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
- KIN2 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 133.90%, which is quite impressive.
- The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
- 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
- Based on estimates for the next years, KIN2 will show a decrease in Earnings Per Share. The EPS will decrease by -9.53% on average per year.
- Based on estimates for the next years, KIN2 will show a decrease in Revenue. The Revenue will decrease by -4.86% on average per year.
EPS Next Y154.7%
EPS Next 2Y89.26%
EPS Next 3Y54.93%
EPS Next 5Y-9.53%
Revenue Next Year36.17%
Revenue Next 2Y26.07%
Revenue Next 3Y16.65%
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
- Based on the Price/Earnings ratio of 26.65, the valuation of KIN2 can be described as expensive.
- KIN2's Price/Earnings ratio is a bit cheaper when compared to the industry. KIN2 is cheaper than 62.22% of the companies in the same industry.
- When comparing the Price/Earnings ratio of KIN2 to the average of the S&P500 Index (28.87), we can say KIN2 is valued inline with the index average.
- The Price/Forward Earnings ratio is 15.15, which indicates a correct valuation of KIN2.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of KIN2 is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 25.96. KIN2 is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.65 | ||
| Fwd PE | 15.15 |
4.2 Price Multiples
- KIN2's Enterprise Value to EBITDA is on the same level as the industry average.
- Based on the Price/Free Cash Flow ratio, KIN2 is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.46 | ||
| EV/EBITDA | 13.84 |
4.3 Compensation for Growth
- KIN2's 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.
- A more expensive valuation may be justified as KIN2's earnings are expected to grow with 54.93% in the coming years.
PEG (NY)0.17
PEG (5Y)1.79
EPS Next 2Y89.26%
EPS Next 3Y54.93%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.32%, KIN2 is not a good candidate for dividend investing.
- KIN2's Dividend Yield is slightly below the industry average, which is at 1.67.
- Compared to an average S&P500 Dividend Yield of 1.82, KIN2's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- KIN2 pays out 9.65% of its income as dividend. This is a sustainable payout ratio.
DP9.65%
EPS Next 2Y89.26%
EPS Next 3Y54.93%
KINROSS GOLD CORP / KIN2.DE FAQ
What is the fundamental rating for KIN2 stock?
ChartMill assigns a fundamental rating of 6 / 10 to KIN2.DE.
What is the valuation status of KINROSS GOLD CORP (KIN2.DE) stock?
ChartMill assigns a valuation rating of 6 / 10 to KINROSS GOLD CORP (KIN2.DE). This can be considered as Fairly Valued.
How profitable is KINROSS GOLD CORP (KIN2.DE) stock?
KINROSS GOLD CORP (KIN2.DE) has a profitability rating of 8 / 10.
Can you provide the financial health for KIN2 stock?
The financial health rating of KINROSS GOLD CORP (KIN2.DE) is 8 / 10.
Can you provide the dividend sustainability for KIN2 stock?
The dividend rating of KINROSS GOLD CORP (KIN2.DE) is 2 / 10 and the dividend payout ratio is 9.65%.