KGC vs AEM

For growth investors, Agnico Eagle Mines Limited (AEM) is the stronger pick with 43.

7% revenue growth year-over-year, versus 39. 3% for Kinross Gold Corporation (KGC). Kinross Gold Corporation (KGC) offers the better valuation at 15. 8x trailing P/E (10. 1x forward), making it the more compelling value choice. Analysts rate Kinross Gold Corporation (KGC) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Kinross Gold Corporation (KGC) is the cheapest at 15.

8x versus Agnico Eagle Mines Limited at 21. 8x. On forward P/E, Kinross Gold Corporation is actually cheaper at 10. 1x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Agnico Eagle Mines Limited wins at 0. 42x versus Kinross Gold Corporation's 0. 82x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Kinross Gold Corporation (KGC) delivered a total return of +315.

4%, compared to +194. 1% for Agnico Eagle Mines Limited (AEM). Over 10 years, the gap is even starker: KGC returned +520. 1% versus AEM's +363. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Agnico Eagle Mines Limited (AEM) is the lower-risk stock at 0.

66β versus Kinross Gold Corporation's 0. 84β — meaning KGC is approximately 27% more volatile than AEM relative to the S&P 500. On balance sheet safety, Agnico Eagle Mines Limited (AEM) carries a lower debt/equity ratio of 1% versus 9% for Kinross Gold Corporation — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Agnico Eagle Mines Limited (AEM) is pulling ahead at 43.

7% versus 39. 3% for Kinross Gold Corporation (KGC). On earnings-per-share growth, the picture is similar: Kinross Gold Corporation grew EPS 158. 4% year-over-year, compared to 134. 4% for Agnico Eagle Mines Limited. Over a 3-year CAGR, AEM leads at 29. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Agnico Eagle Mines Limited (AEM) is the more profitable company, earning 37.

5% net margin versus 33. 9% for Kinross Gold Corporation — meaning it keeps 37. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AEM leads at 53. 1% versus 43. 2% for KGC. At the gross margin level — before operating expenses — AEM leads at 58. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Agnico Eagle Mines Limited (AEM) is the more undervalued stock at a PEG of 0. 42x versus Kinross Gold Corporation's 0. 82x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Kinross Gold Corporation (KGC) trades at 10. 1x forward P/E versus 13. 9x for Agnico Eagle Mines Limited — 3. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for KGC: 34. 1% to $42. 25.

All stocks in this comparison pay dividends.

Agnico Eagle Mines Limited (AEM) offers the highest yield at 0. 7%, versus 0. 4% for Kinross Gold Corporation (KGC).

For long-horizon retirement investors, Agnico Eagle Mines Limited (AEM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

66), 0. 7% yield, +363. 7% 10Y return). Both have compounded well over 10 years (AEM: +363. 7%, KGC: +520. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

AEM pays a dividend while KGC does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.