KL's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.62 -- higher than just 6.06% of US-listed equities with positive expected earnings growth.
With a year-over-year growth in debt of -60.3%, Kirkland Lake Gold Ltd's debt growth rate surpasses just 4.76% of about US stocks.
Over the past twelve months, KL has reported earnings growth of 336.5%, putting it ahead of 95.54% of US stocks in our set.
Stocks that are quantitatively similar to KL, based on their financial statements, market capitalization, and price volatility, are JNPR, EBS, CIEN, ACLS, and MRCY.
KL's SEC filings can be seen here. And to visit Kirkland Lake Gold Ltd's official web site, go to www.klgold.com.
Kirkland Lake Gold Ltd. Common Shares (KL) Company Bio
Kirkland Lake Gold Ltd. engages in the exploration and development of gold properties. The company owns and operates five underground gold mines, including the Macassa mine, the Holt mine, and the Taylor mine in Ontario, Canada; and the Fosterville Mine in Victoria and the Cosmo Mine in Northern Territory, Australia, as well as four milling facilities in Canada and Australia. The company was founded in 1983 and is based in Toronto, Canada.
KL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Kirkland Lake Gold Ltd with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Kirkland Lake Gold Ltd ranked in the 80th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 417.5%. The most interesting components of our discounted cash flow analysis for Kirkland Lake Gold Ltd ended up being:
Interest coverage, a measure of earnings relative to interest payments, is 350.77 -- which is good for besting 98.33% of its peer stocks (US stocks in the Basic Materials sector with positive cash flow).
The business' balance sheet suggests that 0% of the company's capital is sourced from debt; this is greater than only 2.97% of the free cash flow producing stocks we're observing.
KL's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 54.92% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Kirkland Lake Gold Ltd? See BCC, SCCO, APOG, ICL, and DOOR.
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