ASX:KCN

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Kingsgate Consolidated

Executive Summary

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


Snowflake Analysis

Acceptable track record and slightly overvalued.


Similar Companies

Share Price & News

How has Kingsgate Consolidated's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KCN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.1%

KCN

1.9%

AU Metals and Mining

2.5%

AU Market


1 Year Return

51.9%

KCN

-1.8%

AU Metals and Mining

-10.8%

AU Market

Return vs Industry: KCN exceeded the Australian Metals and Mining industry which returned -1.8% over the past year.

Return vs Market: KCN exceeded the Australian Market which returned -10.8% over the past year.


Shareholder returns

KCNIndustryMarket
7 Day5.1%1.9%2.5%
30 Day2.5%1.1%1.6%
90 Day7.9%27.8%21.8%
1 Year51.9%51.9%3.4%-1.8%-7.2%-10.8%
3 Year86.4%86.4%67.6%44.3%19.2%3.5%
5 Year-37.9%-37.9%115.1%71.9%36.0%6.6%

Price Volatility Vs. Market

How volatile is Kingsgate Consolidated's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

2.43x

Price to Earnings (PE) 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 good value based on its PE Ratio (2.4x) compared to the Metals and Mining industry average (10.3x).

PE vs Market: KCN is good value based on its PE Ratio (2.4x) compared to the Australian market (15.6x).


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 (3.8x) compared to the AU Metals and Mining industry average (1.7x).


Next Steps

Future Growth

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

3.5%

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.


Next Steps

Past Performance

How has Kingsgate Consolidated performed over the past 5 years?

35.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KCN has a large one-off gain of A$76.4M impacting its December 31 2009 financial results.

Growing Profit Margin: KCN became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: KCN has become profitable over the past 5 years, growing earnings by 35.5% per year.

Accelerating Growth: KCN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: KCN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.4%).


Return on Equity

High ROE: KCN's Return on Equity (157.1%) is considered outstanding.


Next Steps

Financial Health

How is Kingsgate Consolidated's financial position?


Financial Position Analysis

Short Term Liabilities: KCN's short term assets (A$28.6M) exceed its short term liabilities (A$5.0M).

Long Term Liabilities: KCN's short term assets (A$28.6M) do not cover its long term liabilities (A$34.8M).


Debt to Equity History and Analysis

Debt Level: KCN's debt to equity ratio (52.5%) is considered high.

Reducing Debt: KCN's debt to equity ratio has increased from 33.1% to 52.5% over the past 5 years.

Debt Coverage: KCN's debt is well covered by operating cash flow (357.6%).

Interest Coverage: Insufficient data to determine if KCN's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

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 company bio, 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$90.960m
  • Shares outstanding: 221.85m
  • Website: https://www.kingsgate.com.au

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KSKG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
KCNASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
KCNDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
KCNBST (Boerse-Stuttgart)YesOrdinary SharesDEEURJan 1992
KCNCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992
KSKG.YOTCPK (Pink Sheets LLC)SPON ADRUSUSDMar 2009

Biography

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. The company was incorporated in 1970 and is based in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/04 10:34
End of Day Share Price2020/07/03 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.