# Kinross Gold Corporation (KGC) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Basic Materials / Mining & Metals. Price $19.93, market value $23.5 billion.

## Valuation
- **P/E (trailing): 7.5×** (5-yr avg 18.8×, 3-yr avg 14.6×). Kinross Gold Corporation trades at 7.5× trailing earnings, well below its own five-year average of 18.8×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 7.6×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.05**. A PEG of 0.05 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.8×**. Each dollar of revenue is priced at 2.8×.
- **Price / book: 2.4×**. The shares trade at 2.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.0×**. Enterprise value is 4.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 13.1%** (5-yr avg 7.8%). Free cash flow equals 13.1% of the market value, above its five-year average of 7.8%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 13.2%**. The inverse of the P/E: 13.2% of the price is earned each year.

## Profitability
- **Gross margin: 57.7%**. Kinross Gold Corporation keeps 57.7% of revenue after the direct cost of what it sells.
- **Operating margin: 52.0%**. 52.0% of revenue is left after running the business, an exceptional level.
- **Net margin: 35.0%**. 35.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 28.4%**. 28.4% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 41.7%**. Return on all capital, debt included, is 41.7%: comfortably above what that capital costs.
- **Return on assets: 25.6%**. Each dollar of assets produces 25.6% of profit.

## Growth
- **Revenue growth (1 yr): 36.9%** (3-yr 26.8%/yr, 5-yr 10.8%/yr). Revenue grew 36.9% over the last year, against 10.8% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 153.2%** (5-yr 13.0%/yr). Earnings per share rose 153.2%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.08**. Debt is 0.08 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Kinross Gold Corporation holds more cash than debt.
- **Interest coverage: 80.8×**. Operating profit covers interest 80.8× over, a safe margin.
- **Current ratio: 2.35** (quick 2.35). Current assets cover the next year's liabilities 2.35 times.
- **Altman Z-score: 6.39**. A Z-score of 6.39 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 9/9**. 9 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 0.80%** ($0.16 per share, trailing). Kinross Gold Corporation yields 0.80%, a modest yield more typical of a growth-oriented payer.
- **Dividend growth (5 yr): 14.8%/yr** (1-yr -0.2%). The dividend has compounded at 14.8% a year over five years, doubling roughly every 5 years at that pace.
- **Shareholder yield: 4.7%**. Dividends plus net buybacks return 4.7% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (10 analysts). 10 analysts cover Kinross Gold Corporation; the consensus is buy, with an average price target of $31.07 (+56% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -11.3%** (YTD -26.8%, 3-mo -12.2%). The shares are down 11.3% over twelve months including dividends.
- **From 52-week high: -49.0%** (1.2% above the low). Trading 49% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 31**. An RSI of 31 is neutral.
- **Beta (1 yr): 1.87** (volatility 54%). Beta of 1.87 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=KGC · Page: https://foliofundamentals.com/stocks/kgc

Not investment advice.
