Gold Fields may be undervalued with mixed growth prospects, but the 3 analysts following the company give it an rating of hold. Their target prices range from $14.0 to $20.0 per share, for an average of $17.0. At today's price of $14.9, Gold Fields is trading -12.35% away from its average target price, suggesting there is an analyst consensus of some upside potential for the stock.
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Canada, Australia, and Peru. Based in Sandton, South Africa, the Large-Cap Basic Materials company has 6,297 full time employees. Gold Fields has offered a 2.6% dividend yield over the last 12 months.
Gold Fields has a trailing twelve month P/E ratio of 18.9, compared to an average of 23.66 for the Basic Materials sector. Considering its EPS guidance of $1.86, the company has a forward P/E ratio of 8.0.
Gold Fields is overpriced compared to its book value, since its P/B ratio of 2.97 is higher than the sector average of 2.69. The company's shares are currently 57.5% below their Graham number, indicating that its shares have a margin of safety.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $2,578 | $2,967 | $3,892 | $4,195 | $4,287 | $4,501 |
| Net Margins | -14% | 5% | 19% | 19% | 17% | 16% |
| Net Income (M) | -$348 | $162 | $723 | $789 | $711 | $703 |
| Diluted Shares (M) | 822 | 829 | 883 | 888 | 891 | 894 |
| Earnings Per Share | -$0.42 | $0.19 | $0.81 | $0.88 | $0.78 | $0.77 |
| Free Cash Flow (M) | $569 | $232 | $528 | $142 | $310 | $1,193 |
| Total Debt (M) | $1,814 | $1,161 | $1,443 | $1,078 | $1,079 | $653 |
| Current Ratio | 1.73 | 0.78 | 1.89 | 7.21 | 7.05 | 4.21 |
