Kinross Gold Revenue vs Price To Book | KGC

Kinross Gold Revenue vs. Price To Book

KGC Stock  USD 9.25  0.18  1.98%   
Based on the measurements of profitability obtained from Kinross Gold's financial statements, Kinross Gold is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in January. Profitability indicators assess Kinross Gold's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
1985-09-30
Previous Quarter
1.4 B
Current Value
1.4 B
Quarterly Volatility
433.7 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At present, Kinross Gold's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. At present, Kinross Gold's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 307.9 M, whereas Accumulated Other Comprehensive Income is projected to grow to (58.2 M).
For Kinross Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kinross Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kinross Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kinross Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kinross Gold over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinross Gold. If investors know Kinross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinross Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.235
Dividend Share
0.12
Earnings Share
0.6
Revenue Per Share
3.947
Quarterly Revenue Growth
0.299
The market value of Kinross Gold is measured differently than its book value, which is the value of Kinross that is recorded on the company's balance sheet. Investors also form their own opinion of Kinross Gold's value that differs from its market value or its book value, called intrinsic value, which is Kinross Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinross Gold's market value can be influenced by many factors that don't directly affect Kinross Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kinross Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinross Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinross Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Kinross Gold Price To Book vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Kinross Gold's current stock value. Our valuation model uses many indicators to compare Kinross Gold value to that of its competitors to determine the firm's financial worth.
JavaScript chart by amCharts 3.21.15HMYNEMAEMAUGFIPAASKGC 00.51.01.52.02.53.0 010B20B30B40B50B60B
Kinross Gold is rated below average in revenue category among its peers. It is rated below average in price to book category among its peers . The ratio of Revenue to Price To Book for Kinross Gold is about  2,527,693,317 . At present, Kinross Gold's Total Revenue is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kinross Gold's earnings, one of the primary drivers of an investment's value.

Kinross Revenue vs. Competition

Kinross Gold is rated below average in revenue category among its peers. Market size based on revenue of Materials industry is now estimated at about 100.31 Billion. Kinross Gold holds roughly 4.24 Billion in revenue claiming about 4% of all equities under Materials industry.
JavaScript chart by amCharts 3.21.15OthersAUAEMNEMHMYKGC

Kinross Price To Book vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Kinross Gold

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
4.24 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Kinross Gold

P/B

 = 

MV Per Share

BV Per Share

 = 
1.68 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Kinross Price To Book Comparison

1.683.703.562.842.61100%
Kinross Gold is currently under evaluation in price to book category among its peers.

Kinross Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Kinross Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kinross Gold will eventually generate negative long term returns. The profitability progress is the general direction of Kinross Gold's change in net profit over the period of time. It can combine multiple indicators of Kinross Gold, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-61.3 M-58.2 M
Operating Income764.4 M802.6 M
Net Income415.4 M436.2 M
Income Tax Expense293.2 M307.9 M
Income Before Tax708.6 M744 M
Total Other Income Expense Net-55.8 M-58.6 M
Net Loss-696 M-661.2 M
Net Income From Continuing Ops243.4 M255.6 M
Interest Income39.8 M50.1 M
Net Interest Income-30.7 M-32.2 M
Change To Netincome863.2 M906.3 M
Net Income Per Share 0.34  0.36 
Income Quality 3.86  4.06 
Net Income Per E B T 0.59  0.73 

Kinross Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Kinross Gold. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Kinross Gold position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Kinross Gold's important profitability drivers and their relationship over time.

Use Kinross Gold in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kinross Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kinross Gold will appreciate offsetting losses from the drop in the long position's value.

Kinross Gold Pair Trading

Kinross Gold Pair Trading Analysis

The ability to find closely correlated positions to Kinross Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinross Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kinross Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kinross Gold to buy it.
The correlation of Kinross Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kinross Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinross Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kinross Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Kinross Gold position

In addition to having Kinross Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Target Risk ETFs
Target Risk ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Risk ETFs theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Target Risk ETFs Theme or any other thematic opportunities.
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When determining whether Kinross Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kinross Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kinross Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kinross Gold Stock:
Check out Correlation Analysis.
For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
To fully project Kinross Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kinross Gold at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Kinross Gold's income statement, its balance sheet, and the statement of cash flows.
Potential Kinross Gold investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Kinross Gold investors may work on each financial statement separately, they are all related. The changes in Kinross Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kinross Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

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