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KCN

Kingsgate ConsolidatedASX:KCN Stock Report

Market Cap

AU$371.8m

7D

-3.2%

1Y

101.2%

Updated

18 Oct, 2021

Data

Company Financials
KCN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

KCN Overview

Kingsgate Consolidated Limited engages in the exploration, development, and mining of gold and silver mineral properties.

Kingsgate Consolidated Competitors

Evolution Mining

ASX:EVN

AU$7.1b

West African Resources

ASX:WAF

AU$1.3b

Medusa Mining

ASX:MML

AU$156.9m

Tanami Gold

ASX:TAM

AU$83.4m

Price History & Performance

Summary of all time highs, changes and price drops for Kingsgate Consolidated
Historical stock prices
Current Share PriceAU$1.65
52 Week HighAU$0.66
52 Week LowAU$1.80
Beta0.36
1 Month Change73.68%
3 Month Change98.80%
1 Year Change101.22%
3 Year Change768.42%
5 Year Change560.00%
Change since IPO2,257.38%

Recent News & Updates

May 09
Is Kingsgate Consolidated (ASX:KCN) Weighed On By Its Debt Load?

Is Kingsgate Consolidated (ASX:KCN) Weighed On By Its Debt Load?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Mar 17
Did Business Growth Power Kingsgate Consolidated's (ASX:KCN) Share Price Gain of 156%?

Did Business Growth Power Kingsgate Consolidated's (ASX:KCN) Share Price Gain of 156%?

It might be of some concern to shareholders to see the Kingsgate Consolidated Limited ( ASX:KCN ) share price down 12...

Shareholder Returns

KCNAU Metals and MiningAU Market
7D-3.2%4.3%0.9%
1Y101.2%12.2%20.2%

Return vs Industry: KCN exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: KCN exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is KCN's price volatile compared to industry and market?
KCN volatility
KCN Beta0.36
Industry Beta0.97
Market Beta1

Stable Share Price: KCN is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: KCN's weekly volatility has increased from 10% to 16% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970n/an/ahttps://www.kingsgate.com.au

Kingsgate Consolidated Limited engages in the exploration, development, and mining of gold and silver mineral properties. It holds a 100% interest in the Nueva Esperanza gold/silver project located in the Atacama region of northern Chile; and Chatree gold mine located in central Thailand. The company was incorporated in 1970 and is based in Sydney, Australia.

Kingsgate Consolidated Fundamentals Summary

How do Kingsgate Consolidated's earnings and revenue compare to its market cap?
KCN fundamental statistics
Market CapAU$371.82m
Earnings (TTM)-AU$8.88m
Revenue (TTM)AU$12.34m

29.6x

P/S Ratio

-41.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KCN income statement (TTM)
RevenueAU$12.34m
Cost of RevenueAU$3.35m
Gross ProfitAU$8.99m
ExpensesAU$17.86m
Earnings-AU$8.88m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.04
Gross Margin72.82%
Net Profit Margin-71.94%
Debt/Equity Ratio133.1%

How did KCN perform over the long term?

See historical performance and comparison

Valuation

Is Kingsgate Consolidated undervalued compared to its fair value and its price relative to the market?

43.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KCN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KCN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KCN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: KCN is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KCN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KCN is overvalued based on its PB Ratio (44x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Kingsgate Consolidated forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.3%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kingsgate Consolidated has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Kingsgate Consolidated performed over the past 5 years?

57.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KCN is currently unprofitable.

Growing Profit Margin: KCN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KCN is unprofitable, but has reduced losses over the past 5 years at a rate of 57.6% per year.

Accelerating Growth: Unable to compare KCN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KCN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: KCN has a negative Return on Equity (-106.93%), as it is currently unprofitable.


Financial Health

How is Kingsgate Consolidated's financial position?


Financial Position Analysis

Short Term Liabilities: KCN's short term assets (A$11.6M) exceed its short term liabilities (A$3.4M).

Long Term Liabilities: KCN's short term assets (A$11.6M) do not cover its long term liabilities (A$33.0M).


Debt to Equity History and Analysis

Debt Level: KCN's debt to equity ratio (133.1%) is considered high.

Reducing Debt: KCN's debt to equity ratio has increased from 102.1% to 133.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: KCN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KCN has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 23.1% each year.


Dividend

What is Kingsgate Consolidated current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KCN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KCN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KCN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KCN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: KCN is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KCN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Kingsgate Consolidated has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kingsgate Consolidated Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kingsgate Consolidated Limited
  • Ticker: KCN
  • Exchange: ASX
  • Founded: 1970
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$371.818m
  • Shares outstanding: 221.32m
  • Website: https://www.kingsgate.com.au

Location

  • Kingsgate Consolidated Limited
  • 20 Bond Street
  • Suite 2
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.