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Kinross Gold Corporation (KIN2) Fair Value & Analysis

Basic Materials · DE · Market cap €30.9B

KG Kinross Gold Corporation KIN2 · XETRA
Price€22.21
Fair Value€34.62
Upside+55.9%
Quality72/100
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Evidence: High Range €25.97 – €60.91

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 16 days ago

Fair value updated Jun 24, 2026 — revised from €46.85 to €34.62 (−26.1%) since Jun 23, 2026. Share price −0.3% over the past month.

Price vs Fair Value (12 months)

€34.52 €13.80 Fair Value €34.62 Jul 2025 Jul 2026

12‑month range €13.80 – €34.52 · fair‑value band €25.97 – €60.91 · the €22.21 price screens below the €34.62 fair value. As of Jun 24, 2026.

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Analysis

Kinross Gold Corporation (KIN2) currently trades at €22.21, while our model-based Fair Value estimate is €34.62 — implying the stock looks roughly 55.9% undervalued today. We read business quality at 72/100 (solid quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Kinross Gold Corporation generated revenue of €8.0B at a net margin of 36.0%. Revenue grew 60.8% year over year. It earns a return on equity of 35.5%. The balance sheet holds a net cash position of €975M. Fundamentals as of Jun 24, 2026

Our scenario range runs from €25.97 (bear case) to €60.91 (bull case); at €22.21, the current price sits below that range. The share trades about 33% below its 52-week high and 76% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 33% fair-value upside — at 56%, KIN2 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) €8.0B
Revenue growth (YoY) +60.8%
Net margin 36.0%
Return on equity 35.5%
Free cash flow €2.6B FY2025
P/E ratio 12.8
More key figures
Operating margin 55.1%
EPS (TTM) €2.02
Dividend yield 0.6%
EPS growth (YoY) +134%
Net cash €975M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

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.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kinross Gold Corporation reported revenue of €7.2B in FY2025 versus €3.7B in FY2021, a compound +17.8%/yr. Reported net income was €2.4B in FY2025, compounding +82.1%/yr from FY2021.

Revenue +17.8%/yr
FY21 €3.7B
FY22 €3.5B
FY23 €4.2B
FY24 €5.1B
FY25 €7.2B
Net income +82.1%/yr
FY21 €221M
FY22 €30.6M
FY23 €416M
FY24 €949M
FY25 €2.4B

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Cite: Fair Value Calculator (2026). "Kinross Gold Corporation Fair Value". https://www.fairvalue-calculator.com/stock/KIN2

Similar stocks

10 more Gold stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $112.00 $132.73 +19%
Zijin Mining Group 601899 ¥29.63 ¥43.68 +47%
Agnico Eagle Mines Limited AEM $166.85 $222.49 +33%
Barrick Mining Corporation B $37.19 $70.51 +90%
Wheaton Precious Metals Corp SII €93.84 €49.15 -48%
AngloGold Ashanti plc AU $78.47 $160.21 +104%
Franco-Nevada Corporation FNV $235.92 $156.01 -34%
Gold Fields Limited GFI $33.61 $59.06 +76%
Zijin Gold International Company 2259 HK$94.30 HK$83.81 -11%
Pan American Silver Corp PAAS $44.17 $58.82 +33%

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Frequently asked questions

Is Kinross Gold Corporation (KIN2) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €34.62 versus a price of €22.21 — about +56% (undervalued). Model-based estimate, not financial advice.
What is the fair value of KIN2?
Our model-based fair value for Kinross Gold Corporation is €34.62 (as of Jun 24, 2026), built from audited fundamentals. The current price is €22.21.
What is the quality score of KIN2?
Kinross Gold Corporation has a Quality Score of 72/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Kinross Gold Corporation (KIN2)?
Kinross Gold Corporation reported trailing-twelve-month revenue of about €8.0B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of KIN2?
The net profit margin of Kinross Gold Corporation is about 36.0%, meaning it keeps roughly 36.0% of revenue as net income. Based on the latest reported figures.
Does Kinross Gold Corporation pay a dividend?
Kinross Gold Corporation currently shows a dividend yield of about 0.59% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.