ANGLOGOLD ASHANTI PLC (AU) Stock Fundamental Analysis
USA - NYSE:AU - GB00BRXH2664 - Common Stock
68.57 USD
-0.04 (-0.06%)
65.06 USD
-3.51 (-5.12%)
We assign a fundamental rating of 8 out of 10 to AU. AU was compared to 154 industry peers in the Metals & Mining industry. AU scores excellent points on both the profitability and health parts. This is a solid base for a good stock. A decent growth rate in combination with a cheap valuation! Better keep an eye on AU. These ratings would make AU suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
AU had positive earnings in the past year.
AU had a positive operating cash flow in the past year.
AU had positive earnings in 4 of the past 5 years.
In the past 5 years AU always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 14.35%, AU belongs to the best of the industry, outperforming 94.16% of the companies in the same industry.
AU has a better Return On Equity (27.35%) than 96.10% of its industry peers.
Looking at the Return On Invested Capital, with a value of 19.74%, AU belongs to the top of the industry, outperforming 96.10% of the companies in the same industry.
AU had an Average Return On Invested Capital over the past 3 years of 9.08%. This is below the industry average of 12.38%.
The last Return On Invested Capital (19.74%) for AU is above the 3 year average (9.08%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.35% | ||
| ROE | 27.35% | ||
| ROIC | 19.74% |
ROA(3y)2.55%
ROA(5y)5.64%
ROE(3y)4.86%
ROE(5y)11.27%
ROIC(3y)9.08%
ROIC(5y)10.81%
1.3 Margins
With an excellent Profit Margin value of 22.19%, AU belongs to the best of the industry, outperforming 88.31% of the companies in the same industry.
AU's Profit Margin has improved in the last couple of years.
AU has a Operating Margin of 35.00%. This is amongst the best in the industry. AU outperforms 87.01% of its industry peers.
In the last couple of years the Operating Margin of AU has grown nicely.
With an excellent Gross Margin value of 42.65%, AU belongs to the best of the industry, outperforming 80.52% of the companies in the same industry.
AU's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35% | ||
| PM (TTM) | 22.19% | ||
| GM | 42.65% |
OM growth 3Y10.64%
OM growth 5Y9.21%
PM growth 3Y4.38%
PM growth 5YN/A
GM growth 3Y7.1%
GM growth 5Y6.76%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AU is creating value.
AU has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AU has more shares outstanding
The debt/assets ratio for AU has been reduced compared to a year ago.
2.2 Solvency
AU has an Altman-Z score of 5.39. This indicates that AU is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.39, AU is in the better half of the industry, outperforming 67.53% of the companies in the same industry.
AU has a debt to FCF ratio of 1.31. This is a very positive value and a sign of high solvency as it would only need 1.31 years to pay back of all of its debts.
AU has a better Debt to FCF ratio (1.31) than 86.36% of its industry peers.
A Debt/Equity ratio of 0.29 indicates that AU is not too dependend on debt financing.
The Debt to Equity ratio of AU (0.29) is worse than 62.34% of its industry peers.
Although AU does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.31 | ||
| Altman-Z | 5.39 |
ROIC/WACC2.21
WACC8.94%
2.3 Liquidity
AU has a Current Ratio of 2.99. This indicates that AU is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.99, AU is in the better half of the industry, outperforming 60.39% of the companies in the same industry.
AU has a Quick Ratio of 2.22. This indicates that AU is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of AU (2.22) is better than 62.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.99 | ||
| Quick Ratio | 2.22 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 517.47% over the past year.
AU shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.81% yearly.
AU shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.43%.
Measured over the past years, AU shows a quite strong growth in Revenue. The Revenue has been growing by 10.45% on average per year.
EPS 1Y (TTM)517.47%
EPS 3Y16.81%
EPS 5YN/A
EPS Q2Q%120%
Revenue 1Y (TTM)26.43%
Revenue growth 3Y12.87%
Revenue growth 5Y10.45%
Sales Q2Q%77.05%
3.2 Future
The Earnings Per Share is expected to decrease by -1.30% on average over the next years.
AU is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.47% yearly.
EPS Next Y119.02%
EPS Next 2Y59.27%
EPS Next 3Y36.11%
EPS Next 5Y-1.3%
Revenue Next Year59.88%
Revenue Next 2Y31.94%
Revenue Next 3Y19.51%
Revenue Next 5Y13.47%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 19.59 indicates a rather expensive valuation of AU.
Based on the Price/Earnings ratio, AU is valued cheaper than 82.47% of the companies in the same industry.
AU is valuated rather cheaply when we compare the Price/Earnings ratio to 26.89, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.42, the valuation of AU can be described as reasonable.
82.47% of the companies in the same industry are more expensive than AU, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, AU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.59 | ||
| Fwd PE | 10.42 |
4.2 Price Multiples
87.66% of the companies in the same industry are more expensive than AU, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.6 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
AU's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AU has an outstanding profitability rating, which may justify a higher PE ratio.
AU's earnings are expected to grow with 36.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.16
PEG (5Y)N/A
EPS Next 2Y59.27%
EPS Next 3Y36.11%
5. Dividend
5.1 Amount
AU has a Yearly Dividend Yield of 2.35%. Purely for dividend investing, there may be better candidates out there.
AU's Dividend Yield is rather good when compared to the industry average which is at 2.48. AU pays more dividend than 88.96% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, AU has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.35% |
5.2 History
The dividend of AU is nicely growing with an annual growth rate of 59.59%!
AU has paid a dividend for at least 10 years, which is a reliable track record.
AU has decreased its dividend recently.
Dividend Growth(5Y)59.59%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
AU pays out 39.60% of its income as dividend. This is a sustainable payout ratio.
DP39.6%
EPS Next 2Y59.27%
EPS Next 3Y36.11%
68.57
-0.04 (-0.06%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners74.78%
Inst Owner Change-4.55%
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap34.61B
Revenue(TTM)9.14B
Net Income(TTM)2.03B
Analysts77.33
Price Target56.71 (-17.3%)
Short Float %1.32%
Short Ratio2.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.35% |
Yearly Dividend0.53
Dividend Growth(5Y)59.59%
DP39.6%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.93%
Min EPS beat(2)12.11%
Max EPS beat(2)13.75%
EPS beat(4)2
Avg EPS beat(4)-11.04%
Min EPS beat(4)-36.47%
Max EPS beat(4)13.75%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)3.03%
Min Revenue beat(2)2.47%
Max Revenue beat(2)3.59%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)9.02%
PT rev (3m)17.05%
EPS NQ rev (1m)2.11%
EPS NQ rev (3m)2.25%
EPS NY rev (1m)5.09%
EPS NY rev (3m)20.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.58%
Revenue NY rev (1m)2.15%
Revenue NY rev (3m)9.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.59 | ||
| Fwd PE | 10.42 | ||
| P/S | 3.79 | ||
| P/FCF | 19.6 | ||
| P/OCF | 11.46 | ||
| P/B | 4.67 | ||
| P/tB | 4.73 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.5
EY5.1%
EPS(NY)6.58
Fwd EY9.6%
FCF(TTM)3.5
FCFY5.1%
OCF(TTM)5.98
OCFY8.72%
SpS18.11
BVpS14.69
TBVpS14.49
PEG (NY)0.16
PEG (5Y)N/A
Graham Number34.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.35% | ||
| ROE | 27.35% | ||
| ROCE | 25.02% | ||
| ROIC | 19.74% | ||
| ROICexc | 23.4% | ||
| ROICexgc | 23.63% | ||
| OM | 35% | ||
| PM (TTM) | 22.19% | ||
| GM | 42.65% | ||
| FCFM | 19.32% |
ROA(3y)2.55%
ROA(5y)5.64%
ROE(3y)4.86%
ROE(5y)11.27%
ROIC(3y)9.08%
ROIC(5y)10.81%
ROICexc(3y)10.53%
ROICexc(5y)12.9%
ROICexgc(3y)10.68%
ROICexgc(5y)13.14%
ROCE(3y)11.51%
ROCE(5y)13.69%
ROICexgc growth 3Y3.99%
ROICexgc growth 5Y2.66%
ROICexc growth 3Y4.37%
ROICexc growth 5Y3.01%
OM growth 3Y10.64%
OM growth 5Y9.21%
PM growth 3Y4.38%
PM growth 5YN/A
GM growth 3Y7.1%
GM growth 5Y6.76%
F-Score8
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.31 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 13.71% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 87.08% | ||
| Current Ratio | 2.99 | ||
| Quick Ratio | 2.22 | ||
| Altman-Z | 5.39 |
F-Score8
WACC8.94%
ROIC/WACC2.21
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)25.29%
Cap/Sales(5y)23.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)517.47%
EPS 3Y16.81%
EPS 5YN/A
EPS Q2Q%120%
EPS Next Y119.02%
EPS Next 2Y59.27%
EPS Next 3Y36.11%
EPS Next 5Y-1.3%
Revenue 1Y (TTM)26.43%
Revenue growth 3Y12.87%
Revenue growth 5Y10.45%
Sales Q2Q%77.05%
Revenue Next Year59.88%
Revenue Next 2Y31.94%
Revenue Next 3Y19.51%
Revenue Next 5Y13.47%
EBIT growth 1Y167.11%
EBIT growth 3Y24.87%
EBIT growth 5Y20.62%
EBIT Next Year215.14%
EBIT Next 3Y41.68%
EBIT Next 5Y15.88%
FCF growth 1Y1978.72%
FCF growth 3Y54.09%
FCF growth 5Y20.61%
OCF growth 1Y173.21%
OCF growth 3Y15.78%
OCF growth 5Y13.45%
ANGLOGOLD ASHANTI PLC / AU FAQ
What is the fundamental rating for AU stock?
ChartMill assigns a fundamental rating of 7 / 10 to AU.
Can you provide the valuation status for ANGLOGOLD ASHANTI PLC?
ChartMill assigns a valuation rating of 8 / 10 to ANGLOGOLD ASHANTI PLC (AU). This can be considered as Undervalued.
How profitable is ANGLOGOLD ASHANTI PLC (AU) stock?
ANGLOGOLD ASHANTI PLC (AU) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for AU stock?
The Price/Earnings (PE) ratio for ANGLOGOLD ASHANTI PLC (AU) is 19.59 and the Price/Book (PB) ratio is 4.67.
Can you provide the dividend sustainability for AU stock?
The dividend rating of ANGLOGOLD ASHANTI PLC (AU) is 5 / 10 and the dividend payout ratio is 39.6%.