TSX:K

Stock Analysis Report

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Executive Summary

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.


Snowflake Analysis

Fair value with acceptable track record.


Similar Companies

Share Price & News

How has Kinross Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: K's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.5%

K

2.6%

CA Metals and Mining

2.3%

CA Market


1 Year Return

96.4%

K

31.4%

CA Metals and Mining

-12.4%

CA Market

Return vs Industry: K exceeded the Canadian Metals and Mining industry which returned 31.4% over the past year.

Return vs Market: K exceeded the Canadian Market which returned -12.4% over the past year.


Shareholder returns

KIndustryMarket
7 Day2.5%2.6%2.3%
30 Day18.1%12.0%-2.9%
90 Day40.7%41.4%12.2%
1 Year96.4%96.4%32.3%31.4%-9.4%-12.4%
3 Year91.5%91.5%32.5%30.3%4.2%-5.7%
5 Year276.3%276.3%85.3%80.3%22.1%3.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Kinross Gold undervalued compared to its fair value and its price relative to the market?

11.75x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: K (CA$9.86) is trading above our estimate of fair value (CA$6.73)

Significantly Below Fair Value: K is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: K is good value based on its PE Ratio (11.8x) compared to the Metals and Mining industry average (24.4x).

PE vs Market: K is good value based on its PE Ratio (11.8x) compared to the Canadian market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: K's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: K is good value based on its PB Ratio (1.7x) compared to the CA Metals and Mining industry average (2.2x).


Next Steps

Future Growth

How is Kinross Gold forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

-0.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: K's earnings are forecast to decline over the next 3 years (-0.7% per year).

Earnings vs Market: K's earnings are forecast to decline over the next 3 years (-0.7% per year).

High Growth Earnings: K's earnings are forecast to decline over the next 3 years.

Revenue vs Market: K's revenue (0.9% per year) is forecast to grow slower than the Canadian market (5.5% per year).

High Growth Revenue: K's revenue (0.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: K's Return on Equity is forecast to be low in 3 years time (8.6%).


Next Steps

Past Performance

How has Kinross Gold performed over the past 5 years?

74.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: K has high quality earnings.

Growing Profit Margin: K became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: K has become profitable over the past 5 years, growing earnings by 74.6% per year.

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

Earnings vs Industry: K has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.3%).


Return on Equity

High ROE: K's Return on Equity (14.5%) is considered low.


Next Steps

Financial Health

How is Kinross Gold's financial position?


Financial Position Analysis

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