Financials Kinross Gold Corporation Mexican S.E.

Equities

KGC N

CA4969024047

Gold

End-of-day quote Mexican S.E. 03:30:00 03/04/2024 am IST 5-day change 1st Jan Change
105.4 MXN +55.69% Intraday chart for Kinross Gold Corporation -.--% +55.69%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,940 9,227 7,278 5,113 7,428 10,230 - -
Enterprise Value (EV) 1 7,203 9,940 8,412 7,288 9,308 11,650 11,149 10,552
P/E ratio 8.31 x 6.92 x 34.1 x -8.66 x 17.8 x 15.6 x 14.6 x 14.2 x
Yield - 0.82% 2.07% 2.95% 1.98% 1.43% 1.44% 1.44%
Capitalization / Revenue 1.7 x 2.19 x 1.95 x 1.48 x 1.75 x 2.17 x 2.16 x 2.16 x
EV / Revenue 2.06 x 2.36 x 2.26 x 2.11 x 2.2 x 2.47 x 2.35 x 2.22 x
EV / EBITDA 5.29 x 4.41 x 5.24 x 8.08 x 5.21 x 5.46 x 5.04 x 5.06 x
EV / FCF 60.2 x 10 x 42.8 x 30.6 x 16.6 x 16.9 x 14.3 x 13.9 x
FCF Yield 1.66% 10% 2.34% 3.27% 6.01% 5.92% 7% 7.2%
Price to Book 1.12 x 1.4 x - 0.85 x - - - -
Nbr of stocks (in thousands) 12,53,517 12,58,288 12,53,730 12,56,000 12,27,821 12,29,026 - -
Reference price 2 4.739 7.333 5.805 4.071 6.049 8.324 8.324 8.324
Announcement Date 12/02/20 10/02/21 16/02/22 15/02/23 14/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,497 4,213 3,729 3,455 4,240 4,721 4,746 4,746
EBITDA 1 1,361 2,253 1,604 901.7 1,788 2,135 2,214 2,087
EBIT 1 1,100 1,411 758.2 117.7 801.4 973.2 711 1,031
Operating Margin 31.44% 33.48% 20.33% 3.41% 18.9% 20.62% 14.98% 21.72%
Earnings before Tax (EBT) 1 963.8 1,798 469.4 106.7 708.6 1,045 1,508 1,140
Net income 1 718.6 1,342 221.2 -605.2 416.3 659.7 678.3 717.6
Net margin 20.55% 31.86% 5.93% -17.52% 9.82% 13.97% 14.29% 15.12%
EPS 2 0.5700 1.060 0.1700 -0.4700 0.3400 0.5340 0.5704 0.5860
Free Cash Flow 1 119.7 993.6 196.6 238.3 559.7 689.5 779.9 759.5
FCF margin 3.42% 23.58% 5.27% 6.9% 13.2% 14.6% 16.43% 16%
FCF Conversion (EBITDA) 8.8% 44.1% 12.26% 26.43% 31.3% 32.29% 35.23% 36.39%
FCF Conversion (Net income) 16.66% 74.02% 88.88% - 134.45% 104.51% 114.98% 105.83%
Dividend per Share 2 - 0.0600 0.1200 0.1200 0.1200 0.1194 0.1200 0.1200
Announcement Date 12/02/20 10/02/21 16/02/22 15/02/23 14/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 879.5 768 821.5 856.5 1,076 929.3 1,092 1,102 1,116 1,082 1,184 1,215 1,519 - -
EBITDA 1 296.4 283.3 244.5 296.4 91.8 355.8 477.1 490.1 465.2 463.9 455.1 492.9 624.4 518.5 468.2
EBIT 1 41.4 102.5 64 111.3 -160.1 143.9 237.8 226.2 193.5 193.2 270.8 331.2 635.3 - -
Operating Margin 4.71% 13.35% 7.79% 12.99% -14.88% 15.48% 21.77% 20.52% 17.34% 17.86% 22.88% 27.26% 41.83% - -
Earnings before Tax (EBT) 1 - - - - - - - - - - 207 - - - -
Net income 1 - - - 64.9 -106 - - 109.7 - - 145 - - - -
Net margin - - - 7.58% -9.85% - - 9.95% - - 12.25% - - - -
EPS 2 - -0.4100 -0.0100 0.0500 -0.0800 0.0700 0.1200 0.0900 0.0600 0.0900 0.0862 0.1256 0.1354 - -
Dividend per Share 2 0.0300 - - - - - - - - - 0.0300 - - - -
Announcement Date 16/02/22 10/05/22 27/07/22 09/11/22 15/02/23 09/05/23 02/08/23 08/11/23 14/02/24 07/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,262 713 1,134 2,175 1,880 1,420 919 321
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.9278 x 0.3165 x 0.7066 x 2.412 x 1.051 x 0.665 x 0.4148 x 0.154 x
Free Cash Flow 1 120 994 197 238 560 690 780 759
ROE (net income / shareholders' equity) 8.61% 16.2% 8.22% 4.56% 6.99% 11.9% 11.3% 9.8%
ROA (Net income/ Total Assets) 8.39% 13.4% 2.07% - 3.98% 6.4% 6.8% 6.15%
Assets 1 8,570 10,004 10,681 - 10,470 10,308 9,975 11,668
Book Value Per Share 4.240 5.240 - 4.770 - - - -
Cash Flow per Share 2 0.9500 1.510 1.030 0.9700 1.350 1.470 1.410 1.290
Capex 1 1,105 916 939 764 1,055 1,056 977 927
Capex / Sales 31.6% 21.74% 25.17% 22.12% 24.88% 22.36% 20.58% 19.52%
Announcement Date 12/02/20 10/02/21 16/02/22 15/02/23 14/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
8.324 USD
Average target price
8.701 USD
Spread / Average Target
+4.54%
Consensus
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  5. Financials Kinross Gold Corporation