ANGLOGOLD ASHANTI PLC (AU) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AU - GB00BRXH2664 - Common Stock
85.5 USD
+3.17 (+3.85%)
86.103 USD
+0.6 (+0.71%)
We assign a fundamental rating of 8 out of 10 to AU. AU was compared to 155 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making AU a very profitable company, without any liquidiy or solvency issues. An interesting combination arises when we look at growth and value: AU is growing strongly while it also seems undervalued. These ratings could make AU a good candidate for value and growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year AU was profitable.
AU had a positive operating cash flow in the past year.
AU had positive earnings in 4 of the past 5 years.
AU had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 16.68%, AU belongs to the best of the industry, outperforming 94.84% of the companies in the same industry.
AU has a Return On Equity of 32.17%. This is amongst the best in the industry. AU outperforms 96.13% of its industry peers.
AU has a Return On Invested Capital of 23.07%. This is amongst the best in the industry. AU outperforms 97.42% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AU is below the industry average of 13.15%.
The last Return On Invested Capital (23.07%) for AU is above the 3 year average (9.08%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.68% | ||
| ROE | 32.17% | ||
| ROIC | 23.07% |
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
AU has a better Profit Margin (24.58%) than 89.03% of its industry peers.
In the last couple of years the Profit Margin of AU has grown nicely.
With an excellent Operating Margin value of 37.97%, AU belongs to the best of the industry, outperforming 89.03% of the companies in the same industry.
In the last couple of years the Operating Margin of AU has grown nicely.
With a decent Gross Margin value of 45.19%, AU is doing good in the industry, outperforming 79.35% of the companies in the same industry.
AU's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.97% | ||
| PM (TTM) | 24.58% | ||
| GM | 45.19% |
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
AU has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, AU has more shares outstanding
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 5.92. This indicates that AU is financially healthy and has little risk of bankruptcy at the moment.
AU has a Altman-Z score of 5.92. This is in the better half of the industry: AU outperforms 70.32% of its industry peers.
The Debt to FCF ratio of AU is 0.92, which is an excellent value as it means it would take AU, only 0.92 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AU (0.92) is better than 87.10% of its industry peers.
A Debt/Equity ratio of 0.28 indicates that AU is not too dependend on debt financing.
AU's Debt to Equity ratio of 0.28 is on the low side compared to the rest of the industry. AU is outperformed by 61.29% 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 | 0.28 | ||
| Debt/FCF | 0.92 | ||
| Altman-Z | 5.92 |
ROIC/WACC2.23
WACC10.33%
2.3 Liquidity
AU has a Current Ratio of 2.58. This indicates that AU is financially healthy and has no problem in meeting its short term obligations.
AU has a Current ratio (2.58) which is comparable to the rest of the industry.
AU has a Quick Ratio of 1.98. This is a normal value and indicates that AU is financially healthy and should not expect problems in meeting its short term obligations.
AU has a Quick ratio (1.98) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.98 |
3. Growth
3.1 Past
AU shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 517.47%, which is quite impressive.
Measured over the past years, AU shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.81% on average per year.
The Revenue has grown by 26.43% in the past year. This is a very strong growth!
The Revenue has been growing by 10.45% on average over the past years. This is quite good.
EPS 1Y (TTM)517.47%
EPS 3Y16.81%
EPS 5YN/A
EPS Q2Q%163.4%
Revenue 1Y (TTM)26.43%
Revenue growth 3Y12.87%
Revenue growth 5Y10.45%
Sales Q2Q%62.11%
3.2 Future
Based on estimates for the next years, AU will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.97% on average per year.
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 Y129.35%
EPS Next 2Y80.37%
EPS Next 3Y46.7%
EPS Next 5Y14.97%
Revenue Next Year65.54%
Revenue Next 2Y37.16%
Revenue Next 3Y24.86%
Revenue Next 5Y13.47%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.57, which indicates a rather expensive current valuation of AU.
AU's Price/Earnings ratio is rather cheap when compared to the industry. AU is cheaper than 85.16% of the companies in the same industry.
AU is valuated rather cheaply when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 10.13, the valuation of AU can be described as very reasonable.
Based on the Price/Forward Earnings ratio, AU is valued cheaply inside the industry as 83.23% of the companies are valued more expensively.
AU is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.80, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.57 | ||
| Fwd PE | 10.13 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, AU is valued cheaply inside the industry as 91.61% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.18 | ||
| 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.
The excellent profitability rating of AU may justify a higher PE ratio.
A more expensive valuation may be justified as AU's earnings are expected to grow with 46.70% in the coming years.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2Y80.37%
EPS Next 3Y46.7%
5. Dividend
5.1 Amount
AU has a Yearly Dividend Yield of 3.03%.
AU's Dividend Yield is rather good when compared to the industry average which is at 2.54. AU pays more dividend than 91.61% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, AU pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.03% |
5.2 History
On average, the dividend of AU grows each year by 59.59%, which is quite nice.
AU has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of AU decreased recently.
Dividend Growth(5Y)59.59%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
51.17% of the earnings are spent on dividend by AU. This is a bit on the high side, but may be sustainable.
The dividend of AU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP51.17%
EPS Next 2Y80.37%
EPS Next 3Y46.7%
85.5
+3.17 (+3.85%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners76.19%
Inst Owner Change-4.55%
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap43.16B
Revenue(TTM)10.07B
Net Income(TTM)2.47B
Analysts80
Price Target86.02 (0.61%)
Short Float %1.7%
Short Ratio2.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.03% |
Yearly Dividend0.53
Dividend Growth(5Y)59.59%
DP51.17%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.88%
Min EPS beat(2)12.01%
Max EPS beat(2)13.75%
EPS beat(4)3
Avg EPS beat(4)1.08%
Min EPS beat(4)-33.54%
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)1
Avg Revenue beat(2)-0.23%
Min Revenue beat(2)-2.93%
Max Revenue beat(2)2.47%
Revenue beat(4)2
Avg Revenue beat(4)-0.58%
Min Revenue beat(4)-5.46%
Max Revenue beat(4)3.59%
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)3.48%
PT rev (3m)65.36%
EPS NQ rev (1m)6.12%
EPS NQ rev (3m)13.04%
EPS NY rev (1m)-10.51%
EPS NY rev (3m)13.9%
Revenue NQ rev (1m)24.49%
Revenue NQ rev (3m)24.49%
Revenue NY rev (1m)0.73%
Revenue NY rev (3m)5.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.57 | ||
| Fwd PE | 10.13 | ||
| P/S | 4.29 | ||
| P/FCF | 17.18 | ||
| P/OCF | 11.24 | ||
| P/B | 5.61 | ||
| P/tB | 5.69 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.37
EY5.11%
EPS(NY)8.44
Fwd EY9.87%
FCF(TTM)4.98
FCFY5.82%
OCF(TTM)7.61
OCFY8.9%
SpS19.94
BVpS15.24
TBVpS15.03
PEG (NY)0.15
PEG (5Y)N/A
Graham Number38.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.68% | ||
| ROE | 32.17% | ||
| ROCE | 29.23% | ||
| ROIC | 23.07% | ||
| ROICexc | 28.64% | ||
| ROICexgc | 28.92% | ||
| OM | 37.97% | ||
| PM (TTM) | 24.58% | ||
| GM | 45.19% | ||
| FCFM | 24.96% |
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 Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 0.92 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 13.19% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 101.54% | ||
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.98 | ||
| Altman-Z | 5.92 |
F-Score8
WACC10.33%
ROIC/WACC2.23
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%163.4%
EPS Next Y129.35%
EPS Next 2Y80.37%
EPS Next 3Y46.7%
EPS Next 5Y14.97%
Revenue 1Y (TTM)26.43%
Revenue growth 3Y12.87%
Revenue growth 5Y10.45%
Sales Q2Q%62.11%
Revenue Next Year65.54%
Revenue Next 2Y37.16%
Revenue Next 3Y24.86%
Revenue Next 5Y13.47%
EBIT growth 1Y167.11%
EBIT growth 3Y24.87%
EBIT growth 5Y20.62%
EBIT Next Year235.81%
EBIT Next 3Y63.94%
EBIT Next 5Y15.88%
FCF growth 1Y1336.62%
FCF growth 3Y54.09%
FCF growth 5Y20.61%
OCF growth 1Y102.68%
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 8 / 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 19.57 and the Price/Book (PB) ratio is 5.61.
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 51.17%.