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KGC vs NEM
Revenue, margins, valuation, and 5-year total return — side by side.
Gold
KGC vs NEM — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Gold | Gold |
| Market Cap | $34.50B | $120.78B |
| Revenue (TTM) | $7.94B | $17.23B |
| Net Income (TTM) | $2.86B | $5.26B |
| Gross Margin | 52.8% | 52.1% |
| Operating Margin | 48.2% | 49.3% |
| Forward P/E | 9.2x | 10.5x |
| Total Debt | $777M | $474M |
| Cash & Equiv. | $1.75B | $7.65B |
KGC vs NEM — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Kinross Gold Corpor… (KGC) | 100 | 439.8 | +339.8% |
| Newmont Corporation (NEM) | 100 | 186.4 | +86.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: KGC vs NEM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
KGC carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 0.69, yield 0.4%
- Rev growth 39.3%, EPS growth 158.4%, 3Y rev CAGR 27.6%
- 458.5% 10Y total return vs NEM's 267.2%
NEM is the clearest fit if your priority is momentum.
- +107.4% vs KGC's +99.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 39.3% revenue growth vs NEM's 19.1% | |
| Value | Lower P/E (9.2x vs 10.5x), PEG 0.74 vs 0.82 | |
| Quality / Margins | 36.0% margin vs NEM's 30.5% | |
| Stability / Safety | Beta 0.69 vs NEM's 0.75 | |
| Dividends | 0.4% yield, 2-year raise streak, vs NEM's 0.9% | |
| Momentum (1Y) | +107.4% vs KGC's +99.5% | |
| Efficiency (ROA) | 23.4% ROA vs NEM's 9.4%, ROIC 29.9% vs 24.9% |
KGC vs NEM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
KGC vs NEM — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
KGC leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NEM is the larger business by revenue, generating $17.2B annually — 2.2x KGC's $7.9B. KGC is the more profitable business, keeping 36.0% of every revenue dollar as net income compared to NEM's 30.5%. On growth, KGC holds the edge at +58.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $7.9B | $17.2B |
| EBITDAEarnings before interest/tax | $5.0B | $12.7B |
| Net IncomeAfter-tax profit | $2.9B | $5.3B |
| Free Cash FlowCash after capex | $3.0B | $12.9B |
| Gross MarginGross profit ÷ Revenue | +52.8% | +52.1% |
| Operating MarginEBIT ÷ Revenue | +48.2% | +49.3% |
| Net MarginNet income ÷ Revenue | +36.0% | +30.5% |
| FCF MarginFCF ÷ Revenue | +38.0% | +75.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +58.6% | -100.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +130.0% | -100.0% |
Valuation Metrics
KGC leads this category, winning 6 of 7 comparable metrics.
Valuation Metrics
At 14.5x trailing earnings, KGC trades at a 15% valuation discount to NEM's 17.0x P/E. Adjusting for growth (PEG ratio), KGC offers better value at 1.17x vs NEM's 1.33x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $34.5B | $120.8B |
| Enterprise ValueMkt cap + debt − cash | $33.5B | $113.6B |
| Trailing P/EPrice ÷ TTM EPS | 14.48x | 17.01x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.20x | 10.47x |
| PEG RatioP/E ÷ EPS growth rate | 1.17x | 1.33x |
| EV / EBITDAEnterprise value multiple | 7.85x | 8.66x |
| Price / SalesMarket cap ÷ Revenue | 4.81x | 5.47x |
| Price / BookPrice ÷ Book value/share | 4.07x | 3.55x |
| Price / FCFMarket cap ÷ FCF | 13.43x | 16.55x |
Profitability & Efficiency
KGC leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
KGC delivers a 33.9% return on equity — every $100 of shareholder capital generates $34 in annual profit, vs $16 for NEM. NEM carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to KGC's 0.09x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +33.9% | +15.6% |
| ROA (TTM)Return on assets | +23.4% | +9.4% |
| ROICReturn on invested capital | +29.9% | +24.9% |
| ROCEReturn on capital employed | +29.8% | +20.7% |
| Piotroski ScoreFundamental quality 0–9 | 9 | 9 |
| Debt / EquityFinancial leverage | 0.09x | 0.01x |
| Net DebtTotal debt minus cash | -$975M | -$7.2B |
| Cash & Equiv.Liquid assets | $1.8B | $7.6B |
| Total DebtShort + long-term debt | $777M | $474M |
| Interest CoverageEBIT ÷ Interest expense | 58.61x | 50.54x |
Total Returns (Dividends Reinvested)
KGC leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in KGC five years ago would be worth $40,349 today (with dividends reinvested), compared to $18,001 for NEM. Over the past 12 months, NEM leads with a +107.4% total return vs KGC's +99.5%. The 3-year compound annual growth rate (CAGR) favors KGC at 76.4% vs NEM's 32.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +1.9% | +8.0% |
| 1-Year ReturnPast 12 months | +99.5% | +107.4% |
| 3-Year ReturnCumulative with dividends | +449.2% | +130.8% |
| 5-Year ReturnCumulative with dividends | +303.5% | +80.0% |
| 10-Year ReturnCumulative with dividends | +458.5% | +267.2% |
| CAGR (3Y)Annualised 3-year return | +76.4% | +32.2% |
Risk & Volatility
Evenly matched — KGC and NEM each lead in 1 of 2 comparable metrics.
Risk & Volatility
KGC is the less volatile stock with a 0.69 beta — it tends to amplify market swings less than NEM's 0.75 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NEM currently trades 80.8% from its 52-week high vs KGC's 73.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.69x | 0.75x |
| 52-Week HighHighest price in past year | $39.11 | $134.88 |
| 52-Week LowLowest price in past year | $13.28 | $48.27 |
| % of 52W HighCurrent price vs 52-week peak | +73.7% | +80.8% |
| RSI (14)Momentum oscillator 0–100 | 37.0 | 45.3 |
| Avg Volume (50D)Average daily shares traded | 8.9M | 9.2M |
Analyst Outlook
Evenly matched — KGC and NEM each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates KGC as "Buy" and NEM as "Buy". Consensus price targets imply 46.7% upside for KGC (target: $42) vs 26.1% for NEM (target: $138). For income investors, NEM offers the higher dividend yield at 0.92% vs KGC's 0.44%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $42.25 | $137.50 |
| # AnalystsCovering analysts | 28 | 36 |
| Dividend YieldAnnual dividend ÷ price | +0.4% | +0.9% |
| Dividend StreakConsecutive years of raises | 2 | 1 |
| Dividend / ShareAnnual DPS | $0.13 | $1.00 |
| Buyback YieldShare repurchases ÷ mkt cap | +1.8% | +1.9% |
KGC leads in 4 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 2 categories are tied.
KGC vs NEM: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is KGC or NEM a better buy right now?
For growth investors, Kinross Gold Corporation (KGC) is the stronger pick with 39.
3% revenue growth year-over-year, versus 19. 1% for Newmont Corporation (NEM). Kinross Gold Corporation (KGC) offers the better valuation at 14. 5x trailing P/E (9. 2x 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.
02Which has the better valuation — KGC or NEM?
On trailing P/E, Kinross Gold Corporation (KGC) is the cheapest at 14.
5x versus Newmont Corporation at 17. 0x. On forward P/E, Kinross Gold Corporation is actually cheaper at 9. 2x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Kinross Gold Corporation wins at 0. 74x versus Newmont Corporation's 0. 82x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — KGC or NEM?
Over the past 5 years, Kinross Gold Corporation (KGC) delivered a total return of +303.
5%, compared to +80. 0% for Newmont Corporation (NEM). Over 10 years, the gap is even starker: KGC returned +458. 5% versus NEM's +267. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — KGC or NEM?
By beta (market sensitivity over 5 years), Kinross Gold Corporation (KGC) is the lower-risk stock at 0.
69β versus Newmont Corporation's 0. 75β — meaning NEM is approximately 10% more volatile than KGC relative to the S&P 500. On balance sheet safety, Newmont Corporation (NEM) carries a lower debt/equity ratio of 1% versus 9% for Kinross Gold Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — KGC or NEM?
By revenue growth (latest reported year), Kinross Gold Corporation (KGC) is pulling ahead at 39.
3% versus 19. 1% for Newmont Corporation (NEM). On earnings-per-share growth, the picture is similar: Kinross Gold Corporation grew EPS 158. 4% year-over-year, compared to 124. 1% for Newmont Corporation. Over a 3-year CAGR, KGC leads at 27. 6% 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.
06Which has better profit margins — KGC or NEM?
Kinross Gold Corporation (KGC) is the more profitable company, earning 33.
9% net margin versus 32. 1% for Newmont Corporation — meaning it keeps 33. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NEM leads at 46. 9% versus 43. 2% for KGC. At the gross margin level — before operating expenses — NEM leads at 49. 8%, 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.
07Is KGC or NEM more undervalued right now?
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, Kinross Gold Corporation (KGC) is the more undervalued stock at a PEG of 0. 74x versus Newmont 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 9. 2x forward P/E versus 10. 5x for Newmont Corporation — 1. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for KGC: 46. 7% to $42. 25.
08Which pays a better dividend — KGC or NEM?
All stocks in this comparison pay dividends.
Newmont Corporation (NEM) offers the highest yield at 0. 9%, versus 0. 4% for Kinross Gold Corporation (KGC).
09Is KGC or NEM better for a retirement portfolio?
For long-horizon retirement investors, Newmont Corporation (NEM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
75), 0. 9% yield, +267. 2% 10Y return). Both have compounded well over 10 years (NEM: +267. 2%, KGC: +458. 5%), 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.
10What are the main differences between KGC and NEM?
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.
NEM 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.
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