Kingsgate Consolidated Valuation
Is KCN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of KCN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: KCN (A$1.46) is trading below our estimate of fair value (A$21.05)
Significantly Below Fair Value: KCN is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for KCN?
Key metric: As KCN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is KCN's PE Ratio? | |
|---|---|
| PE Ratio | 1.9x |
| Earnings | AU$199.76m |
| Market Cap | AU$375.03m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3.2x |
| Enterprise Value/EBITDA | 2.1x |
| PEG Ratio | -0.1x |
Price to Earnings Ratio vs Peers
How does KCN's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 26.3x | ||
CYL Catalyst Metals | 31.1x | 33.1% | AU$732.2m |
GMD Genesis Minerals | 33.6x | 23.1% | AU$2.8b |
BGL Bellevue Gold | 22.9x | 17.9% | AU$1.7b |
ALK Alkane Resources | 17.6x | 36.3% | AU$311.6m |
KCN Kingsgate Consolidated | 1.9x | -13.3% | AU$375.0m |
Price-To-Earnings vs Peers: KCN is good value based on its Price-To-Earnings Ratio (1.9x) compared to the peer average (26.3x).
Price to Earnings Ratio vs Industry
How does KCN's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
| 9 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| Industry Avg. | 11.9x | 10.6% | |
KCN Kingsgate Consolidated | 1.9x | -13.3% | US$243.86m |
RHI Red Hill Minerals | 1.8x | n/a | US$181.39m |
GRR Grange Resources | 2.6x | n/a | US$176.85m |
| 9 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
| Industry Avg. | 11.9x | 10.6% | |
KCN Kingsgate Consolidated | 1.9x | -13.3% | US$243.86m |
Price-To-Earnings vs Industry: KCN is good value based on its Price-To-Earnings Ratio (1.9x) compared to the Australian Metals and Mining industry average (12.1x).
Price to Earnings Ratio vs Fair Ratio
What is KCN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 1.9x |
| Fair PE Ratio | 9.9x |
Price-To-Earnings vs Fair Ratio: KCN is good value based on its Price-To-Earnings Ratio (1.9x) compared to the estimated Fair Price-To-Earnings Ratio (9.9x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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