Today we're going to take a closer look at Large-Cap Basic Materials company Gold Fields, whose shares are currently trading at $15.28. We've been asking ourselves whether the company is under or over valued at today's prices... let's perform a brief value analysis to find out!
an Increase in Expected Earnings Improves Its Value Outlook but Priced Beyond Its Margin of Safety:
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 24.53 and an average price to book (P/B) ratio of 2.64. In contrast, Gold Fields has a trailing 12 month P/E ratio of 21.5 and a P/B ratio of 2.93.
Gold Fields has moved 21.1% over the last year compared to 23.3% for the S&P 500 — a difference of -2.2%. Gold Fields has a 52 week high of $18.97 and a 52 week low of $12.28.
An Excellent Current Ratio and Positive Cash Flows:
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 |