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Kinross GoldTSX:K -2.00%90 EV-to-OCF is 6.84 as of Aug. 19, 2026, which is 3% above its 10-year median of 6.61. GuruFocus rates TSX:K with a GF Score™ of 90/100 and a GF Value™ of C$28.42 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,667 Metals & Mining companies, Kinross Gold ranks worse than 83.31% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Kinross Gold's Enterprise Value is C$42,220 Mil.
Kinross Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was C$6,170 Mil. Therefore, Kinross Gold's EV-to-OCF for today is 6.84.
The historical rank and industry rank for Kinross Gold's EV-to-OCF or its related term are showing as below:
TSX:K'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.94 Med: 6.61 Max: 11.58
Current: 6.84
During the past 13 years, the highest EV-to-OCF of Kinross Gold was 11.58. The lowest was 3.94. And the median was 6.61.
TSX:K's EV-to-OCF is ranked worse than 83.31% of 2667
companies
in the Metals & Mining industry
Industry Median: -8.78
vs TSX:K: 6.84
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Kinross Gold's PE Ratio (TTM) for today is calculated as:
Kinross Gold's share price for today is C$37.69.
Kinross Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3.641.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Kinross Gold EV-to-OCF Related Terms
Kinross Gold EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Kinross Gold's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Kinross Gold's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kinross Gold EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kinross Gold's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Kinross Gold's EV-to-OCF falls into.
Kinross Gold's current Enterprise Value is C$42,220 Mil.
Kinross Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$6,170 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kinross Gold (TSX:K) has a EV-to-OCF of 6.84 as of Aug. 19, 2026. This is near median its historical median of 6.61. Over the past decade, Kinross Gold's EV-to-OCF has ranged from 3.94 to 11.58. According to the industry distribution chart, Kinross Gold ranks #2222 out of 2667 companies in the Metals & Mining industry, placing it in the top 83.3%.
Is Kinross Gold's EV-to-OCF too high?
Kinross Gold's current EV-to-OCF of 6.84 is near median its 10-year median of 6.61. Over the past 10 years, this metric has ranged from a low of 3.94 to a high of 11.58. Based on the distribution chart, Kinross Gold ranks #2222 out of 2667 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Kinross Gold has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinross Gold's EV-to-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Kinross Gold ranks #2222 out of 2667 companies for EV-to-OCF. This places Kinross Gold in the lower half of its industry. Historically, Kinross Gold's own EV-to-OCF has ranged from 3.94 to 11.58 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Metals & Mining company?
A good EV-to-OCF depends on the Metals & Mining industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Kinross Gold's current EV-to-OCF is 6.84, which is near median its own 10-year median of 6.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinross Gold stock overvalued right now?
Based on GuruFocus' analysis, Kinross Gold (TSX:K) is currently considered Significantly Overvalued. The stock's GF Value™ is C$28.42, compared to a current price of C$37.69 — trading 32.6% above its estimated fair value. The current EV-to-OCF is 6.84, which is near median its 10-year median of 6.61. Kinross Gold's overall GF Score™ is 90/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Kinross Gold (TSX:K), the current EV-to-OCF is 6.84 as of Aug. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kinross Gold (TSX:K) Overvalued in 2026?
Based on GuruFocus' analysis, Kinross Gold stock appears to be overvalued.
The current stock price of C$37.69 is trading 32.6% above its estimated GF Value™ of C$28.42.
GuruFocus considers Kinross Gold to be Significantly Overvalued.
Key valuation signals for TSX:K:
EV-to-OCF: 6.84 (near median its 10-year median of 6.61)
GF Value™: C$28.42 vs. price of C$37.69 (32.6% above fair value)
No single metric tells the full story. See the TSX:K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2025. The company had about a decade of gold reserves at the end of 2025. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. Kinross has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada. If developed as we think likely, it could produce an average of more than 500,000 ounces of gold per year for at least a decade, with its unit cash costs likely in the first quartile of the industry cost curve. Though Great Bear's production is likely to be replacement ounces for falling volumes at other mines.
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