Kinross Gold Corporation
Kinross Gold Corporation Fundamental Analysis
Kinross Gold Corporation (K.TO) shows strong financial fundamentals with a PE ratio of 16.12, profit margin of 33.95%, and ROE of 30.66%. The company generates $7.0B in annual revenue with strong year-over-year growth of 21.44%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 86.4/100 based on profitability, valuation, growth, and balance sheet metrics. The B+ grade reflects solid fundamentals with room for improvement in valuation or growth.
Fundamental Health Score
We analyze K.TO's fundamental strength across five key dimensions:
Efficiency Score
ExcellentK.TO demonstrates superior asset utilization.
Valuation Score
ExcellentK.TO trades at attractive valuation levels.
Growth Score
ModerateK.TO shows steady but slowing expansion.
Financial Health Score
ExcellentK.TO maintains a strong and stable balance sheet.
Profitability Score
ExcellentK.TO achieves industry-leading margins.
Key Financial Metrics
Is K.TO Expensive or Cheap?
P/E Ratio
K.TO trades at 16.12 times earnings. This indicates a fair valuation.
PEG Ratio
When adjusting for growth, K.TO's PEG of 0.59 indicates potential undervaluation.
Price to Book
The market values Kinross Gold Corporation at 4.51 times its book value. This suggests the stock is fully valued or overvalued on an asset basis.
EV/EBITDA
Enterprise value stands at 9.23 times EBITDA. This is generally considered low.
How Well Does K.TO Make Money?
Net Profit Margin
For every $100 in sales, Kinross Gold Corporation keeps $33.95 as profit after all expenses.
Operating Margin
Core operations generate 43.79 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $30.66 in profit for every $100 of shareholder equity.
ROA
Kinross Gold Corporation generates $19.35 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Kinross Gold Corporation generates strong operating cash flow of $2.76B, reflecting robust business health.
Free Cash Flow
Kinross Gold Corporation generates strong free cash flow of $1.87B, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $1.56 in free cash annually.
FCF Yield
K.TO converts 4.90% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
16.12
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.59
vs 25 benchmark
P/B Ratio
Price to book value ratio
4.51
vs 25 benchmark
P/S Ratio
Price to sales ratio
5.43
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.09
vs 25 benchmark
Current Ratio
Current assets to current liabilities
2.35
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.31
vs 25 benchmark
ROA
Return on assets percentage
0.19
vs 25 benchmark
ROCE
Return on capital employed
0.28
vs 25 benchmark
How K.TO Stacks Against Its Sector Peers
| Metric | K.TO Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 16.12 | 24.02 | Better (Cheaper) |
| ROE | 30.66% | 867.00% | Weak |
| Net Margin | 33.95% | -102872.00% (disorted) | Strong |
| Debt/Equity | 0.09 | 0.51 | Strong (Low Leverage) |
| Current Ratio | 2.35 | 5.08 | Strong Liquidity |
| ROA | 19.35% | -6488.00% (disorted) | Strong |
K.TO outperforms its industry in 5 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Kinross Gold Corporation's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
50.03%
Industry Style: Cyclical, Commodity, Value
High GrowthEPS CAGR
34.55%
Industry Style: Cyclical, Commodity, Value
High GrowthFCF CAGR
103.53%
Industry Style: Cyclical, Commodity, Value
High Growth