KGC Valuation

Kinross Gold Corp

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20.900

+0.68(3.363%)1D

Overview
Forecast
Valuation
Earnings

KGC Relative Valuation

KGC's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, KGC is overvalued; if below, it's undervalued.

Historical Valuation

Kinross Gold Corp (KGC) is now in the Fair zone, suggesting that its current forward PE ratio of 13.06 is considered Fairly compared with the five-year average of 13.29. The fair price of Kinross Gold Corp (KGC) is between 18.46 to 27.81 according to relative valuation methord.

Relative Value

Fair Zone

18.46-27.81

Current Price：20.90

Fair

13.06

Trailing

Forward

5.77

EV/EBITDA

Kinross Gold Corp. (KGC) has a current EV/EBITDA of 5.77. The 5-year average EV/EBITDA is 4.87. The thresholds are as follows: Strongly Undervalued below 3.25, Undervalued between 3.25 and 4.06, Fairly Valued between 5.69 and 4.06, Overvalued between 5.69 and 6.50, and Strongly Overvalued above 6.50. The current Forward EV/EBITDA of 5.77 falls within the Overvalued range.

8.14

EV/EBIT

Kinross Gold Corp. (KGC) has a current EV/EBIT of 8.14. The 5-year average EV/EBIT is 9.67. The thresholds are as follows: Strongly Undervalued below 4.04, Undervalued between 4.04 and 6.85, Fairly Valued between 12.48 and 6.85, Overvalued between 12.48 and 15.30, and Strongly Overvalued above 15.30. The current Forward EV/EBIT of 8.14 falls within the Historic Trend Line -Fairly Valued range.

3.60

Kinross Gold Corp. (KGC) has a current PS of 3.60. The 5-year average PS is 1.91. The thresholds are as follows: Strongly Undervalued below 0.82, Undervalued between 0.82 and 1.37, Fairly Valued between 2.45 and 1.37, Overvalued between 2.45 and 2.99, and Strongly Overvalued above 2.99. The current Forward PS of 3.60 falls within the Strongly Overvalued range.

7.96

P/OCF

Kinross Gold Corp. (KGC) has a current P/OCF of 7.96. The 5-year average P/OCF is 5.25. The thresholds are as follows: Strongly Undervalued below 2.65, Undervalued between 2.65 and 3.95, Fairly Valued between 6.55 and 3.95, Overvalued between 6.55 and 7.85, and Strongly Overvalued above 7.85. The current Forward P/OCF of 7.96 falls within the Strongly Overvalued range.

12.03

P/FCF

Kinross Gold Corp. (KGC) has a current P/FCF of 12.03. The 5-year average P/FCF is 15.68. The thresholds are as follows: Strongly Undervalued below -5.06, Undervalued between -5.06 and 5.31, Fairly Valued between 26.04 and 5.31, Overvalued between 26.04 and 36.41, and Strongly Overvalued above 36.41. The current Forward P/FCF of 12.03 falls within the Historic Trend Line -Fairly Valued range.

Kinross Gold Corp (KGC) has a current Price-to-Book (P/B) ratio of 3.37. Compared to its 3-year average P/B ratio of 1.47 , the current P/B ratio is approximately 129.99% higher. Relative to its 5-year average P/B ratio of 1.37, the current P/B ratio is about 145.52% higher. Kinross Gold Corp (KGC) has a Forward Free Cash Flow (FCF) yield of approximately 7.83%. Compared to its 3-year average FCF yield of 5.57%, the current FCF yield is approximately 40.43% lower. Relative to its 5-year average FCF yield of 6.49% , the current FCF yield is about 20.60% lower.

3.37

P/B

Median3y

1.47

Median5y

1.37

7.83

FCF Yield

Median3y

5.57

Median5y

6.49

Competitors Valuation Multiple

The average P/S ratio for KGC's competitors is 6.52, providing a benchmark for relative valuation. Kinross Gold Corp Corp (KGC) exhibits a P/S ratio of 3.60, which is -44.78% above the industry average. Given its robust revenue growth of 41.74%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Anglogold Ashanti PLC

Compania de Minas Buenaventura SAA

Performance Decomposition

Market capitalization of KGC increased by 131.94% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 17.13 to 32.32.

The secondary factor is the Revenue Growth, contributed 41.74%to the performance.

Overall, the performance of KGC in the past 1 year is driven by Margin Expansion. Which is more sustainable.

41.74%

1.22B → 1.73B

Revenue Growth

88.67%

17.13 → 32.32

Margin Expansion

1.53%

16.61 → 16.86

P/E Change

131.94%