ANGLOGOLD ASHANTI PLC (AU)

GB00BRXH2664 - Common Stock

24.3  +0.62 (+2.62%)

After market: 24.3 0 (0%)

Fundamental Rating

3

AU gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. While AU is still in line with the averages on profitability rating, there are concerns on its financial health. AU has a decent growth rate and is not valued too expensively.



4

1. Profitability

1.1 Basic Checks

In the past year AU has reported negative net income.
AU had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AU reported negative net income in multiple years.
In the past 5 years AU always reported a positive cash flow from operatings.

1.2 Ratios

AU has a Return On Assets (-2.87%) which is in line with its industry peers.
The Return On Equity of AU (-6.33%) is comparable to the rest of the industry.
AU has a Return On Invested Capital of 6.88%. This is in the better half of the industry: AU outperforms 73.72% of its industry peers.
AU had an Average Return On Invested Capital over the past 3 years of 8.50%. This is in line with the industry average of 8.98%.
Industry RankSector Rank
ROA -2.87%
ROE -6.33%
ROIC 6.88%
ROA(3y)2.57%
ROA(5y)4.08%
ROE(3y)4.87%
ROE(5y)8.15%
ROIC(3y)8.5%
ROIC(5y)10.57%

1.3 Margins

AU has a Operating Margin of 13.27%. This is in the better half of the industry: AU outperforms 72.44% of its industry peers.
AU's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 22.50%, AU is in the better half of the industry, outperforming 62.18% of the companies in the same industry.
AU's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 13.27%
PM (TTM) N/A
GM 22.5%
OM growth 3Y-26.02%
OM growth 5Y-2.98%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.07%
GM growth 5Y-0.09%

2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AU is destroying value.
The number of shares outstanding for AU has been increased compared to 1 year ago.
Compared to 5 years ago, AU has more shares outstanding
Compared to 1 year ago, AU has a worse debt to assets ratio.

2.2 Solvency

An Altman-Z score of 3.10 indicates that AU is not in any danger for bankruptcy at the moment.
The Altman-Z score of AU (3.10) is comparable to the rest of the industry.
AU has a Debt/Equity ratio of 0.58. This is a neutral value indicating AU is somewhat dependend on debt financing.
AU's Debt to Equity ratio of 0.58 is on the low side compared to the rest of the industry. AU is outperformed by 81.41% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.58
Debt/FCF N/A
Altman-Z 3.1
ROIC/WACC0.78
WACC8.77%

2.3 Liquidity

AU has a Current Ratio of 1.80. This is a normal value and indicates that AU is financially healthy and should not expect problems in meeting its short term obligations.
AU's Current ratio of 1.80 is on the low side compared to the rest of the industry. AU is outperformed by 62.82% of its industry peers.
AU has a Quick Ratio of 1.12. This is a normal value and indicates that AU is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of AU (1.12) is worse than 62.82% of its industry peers.
Industry RankSector Rank
Current Ratio 1.8
Quick Ratio 1.12

4

3. Growth

3.1 Past

The earnings per share for AU have decreased strongly by -200.80% in the last year.
AU shows a small growth in Revenue. In the last year, the Revenue has grown by 1.80%.
The Revenue has been growing slightly by 6.55% on average over the past years.
EPS 1Y (TTM)-200.8%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-322.38%
Revenue 1Y (TTM)1.8%
Revenue growth 3Y-0.09%
Revenue growth 5Y6.55%
Sales Q2Q%2.13%

3.2 Future

AU is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.04% yearly.
The Revenue is expected to grow by 8.56% on average over the next years. This is quite good.
EPS Next Y72.47%
EPS Next 2Y41.7%
EPS Next 3Y25.22%
EPS Next 5Y4.04%
Revenue Next Year16.43%
Revenue Next 2Y10.39%
Revenue Next 3Y8.56%
Revenue Next 5YN/A

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for AU. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 9.64, the valuation of AU can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AU indicates a rather cheap valuation: AU is cheaper than 85.26% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of AU to the average of the S&P500 Index (19.93), we can say AU is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 9.64

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as AU's earnings are expected to grow with 25.22% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y41.7%
EPS Next 3Y25.22%

3

5. Dividend

5.1 Amount

AU has a yearly dividend return of 0.80%, which is pretty low.
AU's Dividend Yield is a higher than the industry average which is at 2.76.
Compared to an average S&P500 Dividend Yield of 2.32, AU's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.8%

5.2 History

On average, the dividend of AU grows each year by 59.59%, which is quite nice.
AU has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)59.59%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

AU has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of AU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-45.53%
EPS Next 2Y41.7%
EPS Next 3Y25.22%

ANGLOGOLD ASHANTI PLC

NYSE:AU (5/24/2024, 7:15:08 PM)

After market: 24.3 0 (0%)

24.3

+0.62 (+2.62%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap10.20B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 0.8%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 9.64
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -2.87%
ROE -6.33%
ROCE
ROIC
ROICexc
ROICexgc
OM 13.27%
PM (TTM) N/A
GM 22.5%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.56
Health
Industry RankSector Rank
Debt/Equity 0.58
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.8
Quick Ratio 1.12
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-200.8%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y72.47%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.8%
Revenue growth 3Y-0.09%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y