Kinross Gold (K.TO)

Materials · TSX · Canada

C$32.23-17.89% today

Fundamentals

Market capC$40.78B

P/E ratio10.2

Dividend yield0.59%

Revenue growth (YoY)+60.8%

Profit margin36.0%

Return on equity35.5%

52-week rangeC$20.77 to C$53.57

Next earnings2026-07-29

Valuation and ratings

DCF fair valueC$75.13

Upside to fair value+133.1%

Analyst target (mean)C$60.62

Analyst rangeC$50.76 to C$67.58

Analysts covering8

Consensus viewbuy

Moat score92/100

Overall rating82/100, Strong Buy

Kinross Gold trades at C$32.23, which is 133% below the C$75.13 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.

Our moat model scores it 92 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 10.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

About Kinross Gold

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. The company was founded in 1993 and is headquartered in Toronto, Canada.

Industry: GoldHQ: Canada

K.TO passes 6 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Undervalued on cash flow

Companies trading at least 25% below what our discounted cash flow model says the future cash is worth today.

Quality at a fair price

Good businesses, not cheap ones. A wide moat and a strong rating, at a multiple that has not run away.

Wide moat compounders

Businesses with a structural reason competitors cannot take their profits away. The rarest and most valuable thing in investing.

Deep value, with a pulse

A very low earnings multiple is usually a warning. This screen demands a low multiple AND evidence the business still works.

High return on equity, low debt

A high ROE is easy to fake with borrowing. This screen demands the return without the leverage, which is a much shorter list.

Fortress balance sheets

Companies that owe almost nothing. They will survive things that kill their competitors, and they can buy the wreckage afterwards.

Common questions

Is Kinross Gold (K.TO) undervalued?

Against our discounted cash flow estimate of C$75.13, K.TO at C$32.23 is 133% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is K.TO's P/E ratio?

K.TO trades at 10.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

The full research page for K.TO, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Open K.TO in the app Free guides and screens

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.