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 -3,369 -5,738 -7,606
Change - 91.8% -13.56% -56.17% -221.84% -235.52% -70.32% -32.55%
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 1,510 1,568 1,683
Change - -18.58% 38.05% -0.39% 13.64% 26.45% 3.82% 7.33%
Free Cash Flow (FCF) 1 196.6 238.3 559.7 1,278 2,566 3,569 4,256 3,386
Change - 21.21% 134.87% 128.39% 100.76% 39.07% 19.24% -20.44%
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% 65.47% 66.76% 63.04%
EBIT Margin (%) 20.33% 3.41% 18.9% 28.48% 44.84% 58.52% 61.17% 58.35%
EBT Margin (%) 12.59% 3.09% 16.71% 28.77% 45.31% 57.23% 61.09% 60.58%
Net margin (%) 5.93% -17.52% 9.82% 18.43% 33.9% 37.6% 39.07% 38.13%
FCF margin (%) 5.27% 6.9% 13.2% 24.83% 36.4% 35.73% 42.7% 34.84%
FCF / Net Income (%) 88.88% -39.38% 134.45% 134.73% 107.37% 95.03% 109.27% 91.37%

Profitability

        
ROA 2.07% - 3.98% 8.86% 20.54% 23.13% 20.23% 17.6%
ROE 8.22% 4.56% 6.99% 14.66% 30.96% 35.06% 27.68% 23.93%

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% 15.12% 15.73% 17.32%
CAPEX / EBITDA (%) 58.51% 84.75% 59% 40.21% 27.99% 23.09% 23.56% 27.47%
CAPEX / FCF (%) 477.42% 320.69% 188.49% 82.21% 46.53% 42.31% 36.84% 49.7%

Items per share

        
Cash flow per share 1 1.032 0.9719 1.35 1.786 3.377 4.46 4.631 4.266
Change - -5.84% 38.93% 32.27% 89.07% 32.06% 3.84% -7.88%
Dividend per Share 1 0.12 0.12 0.12 0.12 0.13 0.15 0.164 0.1712
Change - 0% 0% 0% 8.33% 15.38% 9.33% 4.39%
Book Value Per Share 1 - 4.766 - - 7.148 9.261 11.43 13.41
Change - - - - - 29.56% 23.45% 17.33%
EPS 1 0.17 -0.47 0.34 0.77 1.95 3.152 3.477 3.404
Change - -376.47% 172.34% 126.47% 153.25% 61.64% 10.32% -2.11%
Nbr of stocks (in thousands) 12,53,730 12,56,000 12,27,821 12,29,048 12,07,100 11,94,109 11,94,109 11,94,109
Announcement Date 16/02/22 15/02/23 14/02/24 12/02/25 18/02/26 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 10x 9.06x
PBR 3.4x 2.76x
EV / Sales 3.43x 3.2x
Yield 0.48% 0.52%

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
31.51USD
Average target price
44.40USD
Spread / Average Target
+40.92%

Quarterly revenue - Rate of surprise

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