Projected Income Statement: Kinross Gold Corporation

Forecast Balance Sheet: Kinross Gold Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 1,134 2,175 1,880 824 -1,004 -3,416 -5,430 -7,546
Change - 91.8% -13.56% -56.17% -221.84% -240.21% -58.96% -38.97%
Announcement Date 16/02/22 15/02/23 14/02/24 12/02/25 18/02/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Kinross Gold Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 938.6 764.2 1,055 1,051 1,194 1,528 1,604 1,756
Change - -18.58% 38.05% -0.39% 13.64% 27.96% 4.97% 9.51%
Free Cash Flow (FCF) 1 196.6 238.3 559.7 1,278 2,566 3,743 4,183 3,068
Change - 21.21% 134.87% 128.39% 100.76% 45.84% 11.77% -26.67%
Announcement Date 16/02/22 15/02/23 14/02/24 12/02/25 18/02/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Kinross Gold Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 43.01% 26.1% 42.18% 50.76% 60.51% 69.64% 69.35% 64.52%
EBIT Margin (%) 20.33% 3.41% 18.9% 28.48% 44.84% 58.26% 57.03% 53.81%
EBT Margin (%) 12.59% 3.09% 16.71% 28.77% 45.31% 55.21% 55.85% 56.12%
Net margin (%) 5.93% -17.52% 9.82% 18.43% 33.9% 35.19% 34.77% 34.03%
FCF margin (%) 5.27% 6.9% 13.2% 24.83% 36.4% 39.04% 44.36% 33.25%
FCF / Net Income (%) 88.88% -39.38% 134.45% 134.73% 107.37% 110.92% 127.6% 97.71%

Profitability

        
ROA 2.07% - 3.98% 8.86% 20.54% 23.1% 20.1% 17.1%
ROE 8.22% 4.56% 6.99% 14.66% 30.96% 35.09% 28.46% 23.26%

Financial Health

        
Leverage (Debt/EBITDA) 0.71x 2.41x 1.05x 0.32x - - - -
Debt / Free cash flow 5.77x 9.13x 3.36x 0.64x - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 25.17% 22.12% 24.88% 20.41% 16.94% 15.94% 17.01% 19.04%
CAPEX / EBITDA (%) 58.51% 84.75% 59% 40.21% 27.99% 22.88% 24.53% 29.51%
CAPEX / FCF (%) 477.42% 320.69% 188.49% 82.21% 46.53% 40.83% 38.34% 57.26%

Items per share

        
Cash flow per share 1 1.032 0.9719 1.35 1.786 3.377 4.258 4.459 4.178
Change - -5.84% 38.93% 32.27% 89.07% 26.09% 4.72% -6.3%
Dividend per Share 1 0.12 0.12 0.12 0.12 0.13 0.146 0.1653 0.1712
Change - 0% 0% 0% 8.33% 12.31% 13.24% 3.55%
Book Value Per Share 1 - 4.766 - - 7.148 9.434 11.64 13.69
Change - - - - - 31.99% 23.33% 17.7%
EPS 1 0.17 -0.47 0.34 0.77 1.95 3.122 3.446 3.32
Change - -376.47% 172.34% 126.47% 153.25% 60.12% 10.36% -3.64%
Nbr of stocks (in thousands) 12,53,730 12,56,000 12,27,821 12,29,048 12,07,100 11,97,584 11,97,584 11,97,584
Announcement Date 16/02/22 15/02/23 14/02/24 12/02/25 18/02/26 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 10.3x 9.32x
PBR 3.4x 2.76x
EV / Sales 3.65x 3.5x
Yield 0.45% 0.51%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
32.10USD
Average target price
38.85USD
Spread / Average Target
+21.02%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. K Stock
  4. KGC Stock
  5. Financials Kinross Gold Corporation