It hasn't been a great morning session for Gold Fields investors, who have watched their shares sink by -4.4% to a price of $16.88. Some of you might be wondering if it's time to buy the dip. If you are considering this, make sure to check the company's fundamentals first to determine if the shares are fairly valued at today's prices.
Gold Fields's P/B and P/E Ratios Are Higher Than Average:
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Canada, Australia, and Peru. The company belongs to the Basic Materials sector, which has an average price to earnings (P/E) ratio of 16.53 and an average price to book (P/B) ratio of 2.07. In contrast, Gold Fields has a trailing 12 month P/E ratio of 21.4 and a P/B ratio of 3.37.
Gold Fields has moved 14.5% over the last year compared to 20.1% for the S&P 500 — a difference of -5.5%. Gold Fields has a 52 week high of $18.97 and a 52 week low of $10.31.
Growing Revenues With No Capital Eexpenditures:
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $2,762 | $2,578 | $2,967 | $3,892 | $4,195 | $4,287 |
| Gross Margins | 24% | 21% | 31% | 45% | 43% | 39% |
| Net Margins | -1% | -14% | 5% | 19% | 19% | 17% |
| Net Income (M) | -$19 | -$348 | $162 | $723 | $789 | $711 |
| Earnings Per Share | n/a | -$0.42 | $0.19 | $0.81 | $0.88 | $0.78 |
| Free Cash Flow (M) | $732 | $569 | $232 | $528 | $142 | $310 |
| Total Debt (M) | $1,588 | $1,814 | $1,161 | $1,443 | $1,078 | $1,079 |
| Current Ratio | 1.3 | 1.73 | 0.78 | 1.89 | 7.21 | 7.05 |
