(KGC) Kinross Gold - Overview
Sector: Basic Materials | Industry: Gold | Exchange: NYSE (USA) | Market Cap: 36.886m USD | Total Return: 107.7% in 12m
Industry Rotation: -13.4
Avg Turnover: 241M
EPS Trend: 96.1%
Qual. Beats: -1
Rev. Trend: 96.8%
Qual. Beats: -1
Warnings
Choppy
Tailwinds
No distinct edge detected
Kinross Gold Corporation is a senior gold mining company headquartered in Toronto, operating diversified mining assets across North America, South America, and Africa. The company manages the full lifecycle of precious metals production, from initial exploration and ore extraction to the reclamation of mining sites.
The business model focuses on large-scale open-pit and underground operations, where profitability is heavily influenced by global spot prices and all-in sustaining costs (AISC). In the gold sector, geographical diversification serves as a critical hedge against regional geopolitical instability and localized regulatory changes.
For a detailed breakdown of the companys valuation metrics and historical performance, consider reviewing the latest data on ValueRay. Kinross Gold also produces silver as a secondary byproduct, which can provide additional revenue streams depending on the mineral composition of its specific ore bodies.
- Spot gold price fluctuations dictate revenue growth and free cash flow generation
- Tasiast mine production stability influences overall corporate all-in sustaining costs
- Geopolitical stability in Mauritania and Brazil impacts long-term operational risk profiles
- Development progress at Great Bear project drives future reserve replacement valuation
- Energy price volatility and inflationary pressures affect mining and processing margins
| Net Income: 2.86b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.23 > 0.02 and ΔFCF/TA 8.47 > 1.0 |
| NWC/Revenue: 30.10% < 20% (prev 24.26%; Δ 5.85% < -1%) |
| CFO/TA 0.33 > 3% & CFO 4.29b > Net Income 2.86b |
| Net Debt (-1.47b) to EBITDA (5.02b): -0.29 < 3 |
| Current Ratio: 2.84 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.20b) vs 12m ago -2.45% < -2% |
| Gross Margin: 52.80% > 18% (prev 0.40%; Δ 5.24k% > 0.5%) |
| Asset Turnover: 66.49% > 50% (prev 50.80%; Δ 15.69% > 0%) |
| Interest Coverage Ratio: 58.61 > 6 (EBITDA TTM 5.02b / Interest Expense TTM 66.4m) |
| A: 0.18 (Total Current Assets 3.69b - Total Current Liabilities 1.30b) / Total Assets 12.93b |
| B: -0.40 (Retained Earnings -5.17b / Total Assets 12.93b) |
| C: 0.33 (EBIT TTM 3.89b / Avg Total Assets 11.94b) |
| D: -0.21 (Book Value of Equity -755.5m / Total Liabilities 3.67b) |
| Altman-Z'' Score: 1.89 = BBB |
| DSRI: 0.90 (Receivables 129.4m/101.1m, Revenue 7.94b/5.56b) |
| GMI: 0.76 (GM 52.80% / 40.30%) |
| AQI: 0.86 (AQ_t 0.07 / AQ_t-1 0.08) |
| SGI: 1.43 (Revenue 7.94b / 5.56b) |
| TATA: -0.11 (NI 2.86b - CFO 4.29b) / TA 12.93b) |
| Beneish M-Score: -3.21 (Cap -4..+1) = AA |
Over the past week, the price has changed by -9.93%, over one month by -15.00%, over three months by -15.33% and over the past year by +107.68%.
- StrongBuy: 6
- Buy: 5
- Hold: 3
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 40.6 | 42.9% |
P/E Forward = 10.6157
P/S = 4.6332
P/B = 4.1355
P/EG = 1.1159
Revenue TTM = 7.94b USD
EBIT TTM = 3.89b USD
EBITDA TTM = 5.02b USD
Long Term Debt = 738.5m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 740.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.47b USD (from netDebt column, last quarter)
Enterprise Value = 35.42b USD (36.89b + Debt 740.9m - CCE 2.21b)
Interest Coverage Ratio = 58.61 (Ebit TTM 3.89b / Interest Expense TTM 66.4m)
EV/FCF = 11.75x (Enterprise Value 35.42b / FCF TTM 3.02b)
FCF Yield = 8.51% (FCF TTM 3.02b / Enterprise Value 35.42b)
FCF Margin = 37.99% (FCF TTM 3.02b / Revenue TTM 7.94b)
Net Margin = 36.04% (Net Income TTM 2.86b / Revenue TTM 7.94b)
Gross Margin = 52.80% ((Revenue TTM 7.94b - Cost of Revenue TTM 3.75b) / Revenue TTM)
Gross Margin QoQ = 57.79% (prev 52.43%)
Tobins Q-Ratio = 2.74 (Enterprise Value 35.42b / Total Assets 12.93b)
Interest Expense / Debt = 0.96% (Interest Expense 7.10m / Debt 740.9m)
Taxrate = 35.21% (458.8m / 1.30b)
NOPAT = 2.52b (EBIT 3.89b * (1 - 35.21%))
Current Ratio = 2.84 (Total Current Assets 3.69b / Total Current Liabilities 1.30b)
Debt / Equity = 0.08 (Debt 740.9m / totalStockholderEquity, last quarter 9.13b)
Debt / EBITDA = -0.29 (Net Debt -1.47b / EBITDA 5.02b)
Debt / FCF = -0.49 (Net Debt -1.47b / FCF TTM 3.02b)
Total Stockholder Equity = 8.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 23.96% (Net Income 2.86b / Total Assets 12.93b)
RoE = 34.46% (Net Income TTM 2.86b / Total Stockholder Equity 8.30b)
RoCE = 43.06% (EBIT 3.89b / Capital Employed (Equity 8.30b + L.T.Debt 738.5m))
RoIC = 27.17% (NOPAT 2.52b / Invested Capital 9.28b)
WACC = 7.72% (E(36.89b)/V(37.63b) * Re(7.86%) + D(740.9m)/V(37.63b) * Rd(0.96%) * (1-Tc(0.35)))
Discount Rate = 7.86% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -100.0 | Cagr: -1.02%
[DCF] Terminal Value 82.52% ; FCFF base≈2.46b ; Y1≈3.04b ; Y5≈5.18b
[DCF] Fair Price = 80.36 (EV 94.49b - Net Debt -1.47b = Equity 95.96b / Shares 1.19b; r=7.72% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 96.12 | EPS CAGR: 132.5% | SUE: -1.30 | # QB: -1
Revenue Correlation: 96.85 | Revenue CAGR: 32.71% | SUE: -1.26 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.75 | Chg30d=-7.41% | Revisions=N/A | Analysts=7
EPS next Quarter (2026-09-30): EPS=0.86 | Chg30d=-4.18% | Revisions=N/A | Analysts=7
EPS current Year (2026-12-31): EPS=3.17 | Chg30d=-1.04% | Revisions=+18% | GrowthEPS=+72.3% | GrowthRev=+41.7%
EPS next Year (2027-12-31): EPS=3.53 | Chg30d=+0.77% | Revisions=+0% | GrowthEPS=+11.3% | GrowthRev=-0.2%
[Analyst] Revisions Ratio: +18%