AGI vs KGC vs BTG Stock Comparison

Alamos Gold, Kinross Gold and B2Gold Prices as of Oct 27, 2026 Peers: Industry group
AGI Alamos Gold Inc
$31.16 -9.7% 1M +2.0% 1Y
Market cap
$13.20B
P/E
11.3x
Revenue (TTM)
$2.23B
Div. yield
–
Gold Basic Materials
4 wins
KGC Kinross Gold Corp
$23.01 -8.2% 1M +1.0% 1Y
Market cap
$27.73B
P/E
8.9x
Revenue (TTM)
$8.47B
Div. yield
0.00%
Gold Basic Materials
4 wins
BTG B2Gold Corp
$4.99 -8.8% 1M +0.6% 1Y
Market cap
$6.69B
P/E
8.2x
Revenue (TTM)
—
Div. yield
–
Gold Basic Materials
3 wins

Head to Head

11 decided of 12

Kinross Gold leads on 4 of the 12 questions below (Kinross Gold 4, Alamos Gold 4, B2Gold 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAGIKGCBTGLeader
Larger companyMarket capitalisation $13.20B $27.73B $6.69B KGC
Cheaper on earningsLower P/E, profitable companies only 11.3x 8.9x 8.2x BTG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.9x 9.8x 8.6x BTG
Faster revenue growthRevenue growth, trailing twelve months +47.8% +39.5% — AGI
More profitableNet margin, trailing twelve months 52.6% 36.9% — AGI
Better return on capitalReturn on invested capital 30.3% 40.9% 44.5% BTG
Less leveragedLower net debt / EBITDA -0.3x -0.3x 0.1x KGC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +2.0% +1.0% +0.6% AGI
Better 5-year returnAnnualised price return, 5 years +32.0%/yr +29.8%/yr +2.9%/yr AGI
Less volatileAnnualised volatility, 1 year 54.8% 54.4% 60.4% KGC
Higher overall scoreMean of the five percentile scores vs peers 72/100 81/100 76/100 KGC

Percentile Scorecard

AGIKGCBTG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAGIKGCBTG
Valuation 60 #65 of 162 86 #23 of 162 94 #11 of 162
Growth 78 #33 of 147 84 #25 of 147 84 #24 of 147
Profitability 90 #13 of 122 99 #2 of 122 96 #6 of 122
Financial Health 69 #51 of 164 72 #46 of 164 64 #60 of 164
Shareholder Returns 62 #41 of 107 63 #40 of 107 43 #61 of 107
Overall 72 81 76
  • AGI ranked among 176 companies in Metals and Mining
  • KGC ranked among 176 companies in Metals and Mining
  • BTG ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAGIKGCBTGSPY
1 month -9.7%-8.2%-8.8% -0.2%
3 months +8.2%-2.1%+29.6% +3.9%
6 months -25.3%-24.6%+13.7% +8.2%
Year to date -19.2%-18.3%+10.6% +12.9%
1 year +2.0%+1.0%+0.6% +12.3%
3 years +143.1%+333.3%+53.5% +87.4%
3 years, per year +34.5%+63.1%+15.4% +23.3%
5 years +300.0%+267.6%+15.2% +67.9%
5 years, per year +32.0%+29.8%+2.9% +10.9%
10 years +295.4%+515.2%+82.8% +261.1%
10 years, per year +14.7%+19.9%+6.2% +13.7%

Risk

MeasureAGIKGCBTGSPY
Volatility, 1Y 54.8%54.4%60.4% 12.7%
Downside volatility, 1Y 59.6%57.2%60.4% 12.7%
Beta vs S&P 500, 1Y 1.901.952.12 1.00
Return / volatility, 1Y 0.040.020.01 0.97
Max drawdown, 5Y -49.7%-56.0%-53.7% -25.4%
From 52-week high -43.7%-39.6%-19.6% -1.2%
52-week high $55.33$38.07$6.21 $779.14
52-week low $27.82$22.21$3.64 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAGIKGCBTG
P/E now vs peer median 11.2xmedian 13.3x 9.0xmedian 13.3x 8.1xmedian 13.3x
P/S now vs peer median 5.9xmedian 3.2x 3.3xmedian 3.2x —median 3.2x
EV/EBITDA now vs peer median 7.5xmedian 7.3x 4.6xmedian 7.3x 4.9xmedian 7.3x
P/FCF now vs peer median -113.7xmedian 14.7x 7.0xmedian 14.7x 6.7xmedian 14.7x
P/B now vs peer median 2.7xmedian 2.2x 2.8xmedian 2.2x 1.7xmedian 2.2x
PEG now vs peer median 0.12median 0.31 0.08median 0.31 0.42median 0.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAGIKGCBTG
Revenue $2.23B $8.47B –
Gross profit – $4.89B $1.86B
Operating income $1.49B $4.46B $1.93B
Net income $1.17B $3.23B $828.55M
Free cash flow -$115.10M $3.93B $1.00B
R&D $27.80M $177.70M –
EPS (diluted) $2.78 $2.55 $0.55
Cash & equivalents $636.90M $2.66B $286.58M
Total debt $900.00M $4.67B $2.06B
Shares (diluted) 422.66M 1.22B 1.48B
Enterprise value $10.63B $18.57B $5.17B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAGIKGCBTG
P/E 11.2x 9.0x 8.1x
P/FCF -113.7x 7.0x 6.7x
P/Operating cash flow – 5.6x 6.7x
P/S 5.9x 3.3x –
P/B 2.7x 2.8x 1.7x
P/Tangible book 2.7x 2.8x 1.7x
EV/EBITDA 7.5x 4.6x 4.9x
EV/EBIT 8.5x 5.8x 3.5x
EV/Revenue 5.7x 3.0x –
EV/FCF -109.5x 6.6x 6.8x
EV/Operating cash flow – 5.2x 6.8x
PEG (3Y EPS CAGR) 0.12 0.08 0.42

Growth

14 metrics
MetricAGIKGCBTG
Revenue growth (1Y) 47.8% 39.5% –
Revenue CAGR (3Y) 32.5% 28.9% –
Gross profit growth (1Y) – 77.5% 107.1%
Gross profit CAGR (3Y) – 87.4% 35.3%
Operating income growth (1Y) 128.1% 86.2% 1,748%
Operating income CAGR (3Y) 80.0% 137.5% 46.0%
Net income growth (1Y) 238.3% 98.6% 298.7%
Net income CAGR (3Y) 92.1% 48.0% 33.4%
EPS growth (1Y) 228.6% 118.1% 272.5%
EPS CAGR (3Y) 90.4% 112.1% 19.0%
Operating cash flow growth (1Y) – 46.5% 86.2%
Operating cash flow CAGR (3Y) – 47.9% 9.5%
Free cash flow growth (1Y) -144.0% -11.6% 86.2%
Free cash flow CAGR (3Y) -30.7% 27.1% 9.5%

Profitability

14 metrics
MetricAGIKGCBTG
Gross margin – 57.7% –
EBITDA margin 75.7% 65.7% –
Operating margin 66.8% 52.6% –
Pretax margin 75.9% 52.4% –
Net margin 52.6% 36.9% –
FCF margin -5.2% 46.4% –
Operating cash flow margin – 58.4% –
Return on equity 24.9% 34.0% 44.1%
Return on assets 17.7% 24.4% 29.1%
Return on invested capital 30.3% 40.9% 44.5%
Return on capital employed 24.5% – –
Asset turnover 0.3x 0.6x –
Cash conversion (OCF / net income) – 1.5x 1.2x
Stock comp / revenue 2.1% 0.2% –

Financial Health

11 metrics
MetricAGIKGCBTG
Debt / assets 3.0% 5.9% 7.9%
Debt / equity 0.0x 0.1x 0.1x
Net debt / EBITDA -0.3x -0.3x 0.1x
Debt / FCF -1.7x 0.2x 0.5x
Liabilities / assets 28.4% 28.1% 30.3%
Equity / assets 71.6% 71.9% 69.7%
Interest coverage 316.7x 27.8x 31.7x
Current ratio 2.1x – –
Quick ratio 1.3x – –
Cash ratio 1.2x – –
Altman Z-score 5.41 – –

Shareholder Returns

7 metrics
MetricAGIKGCBTG
Dividend yield 0.5% 0.7% 1.6%
Net buyback yield 0.0% 1.1% -3.6%
Shareholder yield 0.5% 1.7% -2.0%
Payout ratio (earnings) – 4.0% –
Payout ratio (FCF) – 3.3% –
Dividend growth (1Y) – -11.8% –
Dividend CAGR (3Y) – -6.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAGIKGCBTG
Forward P/E 13.9xFY2026 9.8xFY2026 8.6xFY2026
EPS, next fiscal year $2.24FY2026 $2.36FY2026 $0.58FY2026
EPS growth, next FY +60.0%FY2026 +29.0%FY2026 +26.1%FY2026
EPS growth, the year after +21.4% +6.8% +51.7%
Revenue, next fiscal year $2.52BFY2026 $8.30BFY2026 $3.59BFY2026
Revenue growth, next FY +39.2%FY2026 +18.1%FY2026 +17.5%FY2026
Revenue growth, the year after +26.5% +3.8% +25.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAGIKGCBTG
Held by institutions 56.4% – 59.9%
Institutions holding 472 – 301
Change in shares held, QoQ -1.1% – +6.2%
Institutions buying 240 – 155
Institutions selling 151 – 85
Buyers to sellers 1.59 – 1.82

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AGIKGCBTG
AGI 1.00 0.85 0.78
KGC 0.85 1.00 0.80
BTG 0.78 0.80 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AGI, KGC and BTG?

Kinross Gold (KGC) is the largest by market capitalisation: Alamos Gold (AGI) $13.20B, Kinross Gold (KGC) $27.73B, B2Gold (BTG) $6.69B.

Which stock is cheaper, AGI, KGC and BTG?

B2Gold (BTG) trades on the lowest price-to-earnings ratio (Alamos Gold (AGI) 11.3x, Kinross Gold (KGC) 8.9x, B2Gold (BTG) 8.2x). On next year's consensus earnings, B2Gold (BTG) is cheapest (Alamos Gold (AGI) 13.9x, Kinross Gold (KGC) 9.8x, B2Gold (BTG) 8.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Alamos Gold (AGI) grew revenue fastest over the trailing twelve months: Alamos Gold (AGI) +47.8%, Kinross Gold (KGC) +39.5%.

Which company is more profitable?

Alamos Gold (AGI) has the highest net margin (Alamos Gold (AGI) 52.6%, Kinross Gold (KGC) 36.9%). On return on invested capital, B2Gold (BTG) leads (Alamos Gold (AGI) 30.3%, Kinross Gold (KGC) 40.9%, B2Gold (BTG) 44.5%).

Which stock has performed better?

Over the past year Alamos Gold (AGI) returned the most: Alamos Gold (AGI) +2.0%, Kinross Gold (KGC) +1.0%, B2Gold (BTG) +0.6%. Over five years, Alamos Gold (AGI) compounded fastest (Alamos Gold (AGI) +32.0%/yr, Kinross Gold (KGC) +29.8%/yr, B2Gold (BTG) +2.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Alamos Gold (AGI) 0.00%, Kinross Gold (KGC) 0.00%, B2Gold (BTG) 0.00%. Alamos Gold (AGI) and B2Gold (BTG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Kinross Gold (KGC) has been the steadiest (Alamos Gold (AGI) 54.8%, Kinross Gold (KGC) 54.4%, B2Gold (BTG) 60.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AGI, KGC and BTG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kinross Gold (KGC) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.