Gold Fields (GFI) AI Stock Analysis

• Market Cap: $36.86B
• Dividend Yield: 1.8%
• Average Volume (3M): 4.03M
• Price to Earnings (P/E): 20.5
• Beta (1Y): 0.69
• Revenue Growth: 49.62%
• EPS Growth: 195.39%
• Country: US
• Employees: 6,560
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.85
• Shares Outstanding: 895,024,230
• 10 Day Avg. Volume: 3,268,642
• 30 Day Avg. Volume: 4,026,495
• PEG Ratio: 0.12
• Price to Book (P/B): 2.27
• Price to Sales (P/S): 2.27
• P/FCF Ratio: 16.66
• Enterprise Value/Market Cap: 0.62
• Enterprise Value/Revenue: 3.48
• Enterprise Value/Gross Profit: 6.33
• Enterprise Value/Ebitda: 6.02
• 1Y Price Target: $49.29
• Price Target Upside: 14.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): 3.17
• Revenue Forecast (FY): $8.39B

• Rating: 79 Outperform
• Price Target: $48.00 ▲(11.06% Upside)

Gold Fields' strong financial performance and positive earnings call are the most significant factors driving the stock score. Technical analysis supports a bullish outlook, while valuation metrics suggest the stock is fairly priced. Despite some operational challenges, the company's strategic initiatives and ESG commitments contribute positively to its overall score.

Positive Factors

Revenue Growth

The significant increase in gold production indicates strong operational capabilities and potential for sustained revenue growth, enhancing market position.

Cash Flow Improvement

Robust cash flow growth supports financial stability and provides flexibility for future investments and debt management, strengthening long-term business health.

Strategic Acquisition

The acquisition of Gold Road Resources enhances Gold Fields' asset portfolio, potentially boosting production capacity and competitive advantage in the gold mining sector.

Negative Factors

Safety Challenges

Persistent safety issues could impact operational efficiency and reputation, potentially leading to regulatory scrutiny and increased operational costs.

Elevated Unit Costs

Higher unit costs may pressure profit margins, requiring effective cost management strategies to maintain profitability in a competitive market.

Technology Lag for Decarbonization

Slow progress in decarbonization technology could hinder ESG goals, affecting investor perception and compliance with evolving environmental regulations.

Gold Fields Business Overview & Revenue Model

Company Description

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.34 million ounces, as well as gold mineral reserves of approximately 48.6 million ounces and mineral resources of approximately 111.8 million ounces. Gold Fields Limited was founded in 1887 and is based in Sandton, South Africa.

How the Company Makes Money

Gold Fields generates revenue primarily through the sale of gold, which is its main product. The company's revenue model is largely based on the volume of gold it mines and the prevailing market price of gold, which can fluctuate significantly due to economic conditions and investor demand. Additionally, the company earns revenue from the sale of by-products like copper and silver, contributing to its overall financial performance. Key revenue streams include direct sales of gold bullion, sales of copper and silver, and other related mining activities. Significant partnerships, joint ventures, and collaborations with other mining firms or suppliers can also enhance operational efficiency and cost management, further contributing to Gold Fields' profitability. The company's strategic focus on cost control, improving operational efficiencies, and exploring new mining opportunities also plays a vital role in its earnings.

Gold Fields Financial Statement Overview

Summary

Gold Fields demonstrates strong financial performance with significant revenue and profit growth, efficient cost management, and robust operational margins. The balance sheet is stable with a healthy equity base, though debt management requires attention. Cash flows are robust, supporting operations and future investments.

Income Statement

Gold Fields has shown strong revenue growth over recent years, with a notable increase in Total Revenue from $4.5 billion in 2023 to $5.2 billion in 2024, representing a growth rate of 15.56%. Gross Profit Margin increased as well, indicating efficient cost management, reaching 54.53% in 2024. Net Profit Margin improved to 23.94%, reflecting enhanced profitability. Both EBIT Margin and EBITDA Margin are robust at 52.28% and 51.05% respectively, showcasing operational efficiency. Overall, the company's income statement reflects a positive trajectory with strong profitability metrics.

Balance Sheet

The balance sheet shows a stable and improving financial position. The Debt-to-Equity Ratio at 0.57 suggests a relatively conservative use of leverage, while the Equity Ratio of 51.28% highlights a solid equity base. Return on Equity (ROE) improved to 23.94%, indicating effective use of equity to generate profits. The company maintains a strong equity base, but attention should be given to managing total debt levels as they increased from previous years.

Cash Flow

Cash flow metrics are strong, with Free Cash Flow increasing from $437.6 million in 2023 to $709.2 million in 2024, marking a growth rate of 62.05%. Operating Cash Flow to Net Income Ratio stands at 1.57, demonstrating healthy cash generation relative to net income. The Free Cash Flow to Net Income Ratio is 0.57, indicating sufficient cash generation to cover net income and support growth initiatives. Overall, the cash flow statement reflects strong cash generation capabilities and efficient capital expenditure management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.56B	5.20B	4.50B	4.29B	4.20B	3.89B
Gross Profit	3.61B	2.21B	1.64B	1.57B	1.71B	1.64B
EBITDA	3.80B	2.66B	2.07B	2.00B	2.13B	1.99B
Net Income	1.89B	1.25B	703.30M	711.00M	789.30M	723.00M
Balance Sheet
Total Assets	10.86B	10.14B	8.23B	7.34B	7.35B	7.47B
Cash, Cash Equivalents and Short-Term Investments	1.07B	860.20M	648.70M	769.40M	524.70M	886.80M
Total Debt	2.55B	2.95B	1.67B	1.47B	1.49B	1.96B
Total Liabilities	4.61B	4.78B	3.61B	3.00B	3.22B	3.64B
Stockholders Equity	6.08B	5.20B	4.48B	4.34B	4.13B	3.66B
Cash Flow
Free Cash Flow	1.70B	709.20M	437.60M	614.30M	463.80M	665.40M
Operating Cash Flow	3.02B	1.96B	1.56B	1.68B	1.55B	1.25B
Investing Cash Flow	-2.74B	-2.59B	-1.37B	-1.07B	-1.07B	-607.40M
Financing Cash Flow	219.70M	861.70M	-286.20M	-361.30M	-832.80M	-277.50M

Gold Fields Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 43.22
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GFI, the sentiment is Positive. The current price of 43.22 is above the 20-day moving average (MA) of 39.81, above the 50-day MA of 40.71, and above the 200-day MA of 28.50, indicating a bullish trend. The MACD of 0.28 indicates Negative momentum. The RSI at 58.93 is Neutral, neither overbought nor oversold. The STOCH value of 68.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GFI.

Gold Fields Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEM	81 Outperform	$98.78B	14.07	22.84%	1.10%	26.25%	―
GFI	79 Outperform	$36.86B	20.52	35.09%	1.80%	49.62%	195.39%
RGLD	78 Outperform	$16.97B	27.56	14.90%	0.98%	28.11%	66.85%
HMY	77 Outperform	$11.04B	13.94	32.05%	0.99%	29.08%	72.12%
AU	73 Outperform	$44.88B	38.09	―	2.95%	26.43%	―
CDE	68 Neutral	$10.40B	23.74	19.57%	―	72.94%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Gold Fields Corporate Events

Gold Fields Unveils Strategic Plans at Capital Markets Day

On November 12, 2025, Gold Fields hosted its inaugural Capital Markets Day, providing shareholders with updates on strategic initiatives to enhance its portfolio’s quality and value. The company presented a five-year outlook on production and costs, an update on the Windfall Project, and a revised capital allocation framework including a new dividend policy. Gold Fields aims to maintain a production profile of 2.5 to 3.0 million ounces per annum, improve cost efficiency, and extend its portfolio’s life. Additionally, the company announced plans for up to $500 million in additional shareholder returns over the next two years through share buybacks and/or special dividends.

Gold Fields Reports Strong Q3 2025 Performance and Completes Key Acquisition

Gold Fields Limited reported a strong operational performance for the quarter ending September 30, 2025, with a 6% increase in attributable production and a significant reduction in costs. The company completed the acquisition of Gold Road Resources, enhancing its asset portfolio and financial position. Gold Fields also made progress in its environmental and social governance initiatives, including the construction of renewable energy projects and compliance with global tailings management standards. The company remains on track to meet its full-year production and cost guidance, with further improvements expected in the final quarter of 2025.

Gold Fields Completes Acquisition of Gold Road Resources

On September 26, 2025, Gold Fields announced the completion of all conditions precedent for its acquisition of Gold Road Resources Limited, following approval from the Supreme Court of Western Australia and a favorable shareholder vote. The acquisition, valued at approximately A$3.3 billion, is expected to enhance Gold Fields’ portfolio by consolidating a high-quality asset. The transaction includes a strategic share sale of Northern Star Resources, generating A$1.1 billion to repay acquisition financing. This move is anticipated to strengthen Gold Fields’ industry positioning and benefit its shareholders.