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KGC vs. FNV: Which Stock Is the Better Value Option?

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Investors interested in stocks from the Mining - Gold sector have probably already heard of Kinross Gold (KGC - Free Report) and Franco-Nevada (FNV - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Kinross Gold and Franco-Nevada are sporting Zacks Ranks of #1 (Strong Buy) and #3 (Hold), respectively, right now. Investors should feel comfortable knowing that KGC likely has seen a stronger improvement to its earnings outlook than FNV has recently. But this is only part of the picture for value investors.

Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.

Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.

KGC currently has a forward P/E ratio of 12.77, while FNV has a forward P/E of 31.45. We also note that KGC has a PEG ratio of 0.31. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. FNV currently has a PEG ratio of 1.26.

Another notable valuation metric for KGC is its P/B ratio of 4.36. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, FNV has a P/B of 5.85.

Based on these metrics and many more, KGC holds a Value grade of B, while FNV has a Value grade of D.

KGC has seen stronger estimate revision activity and sports more attractive valuation metrics than FNV, so it seems like value investors will conclude that KGC is the superior option right now.


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