ANGLOGOLD ASHANTI PLC (AU) Fundamental Analysis & Valuation

NYSE:AU • GB00BRXH2664

Current stock price

93.95 USD
-4.28 (-4.36%)
At close:
93.3152 USD
-0.63 (-0.68%)
After Hours:

This AU fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. AU Profitability Analysis

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.
  • Each year in the past 5 years AU had a positive operating cash flow.
AU Yearly Net Income VS EBIT VS OCF VS FCFAU Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 17.48%, AU belongs to the top of the industry, outperforming 95.09% of the companies in the same industry.
  • The Return On Equity of AU (32.58%) is better than 97.55% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 21.44%, AU belongs to the top of the industry, outperforming 91.41% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for AU is significantly below the industry average of 58.77%.
  • The last Return On Invested Capital (21.44%) for AU is above the 3 year average (12.43%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 17.48%
ROE 32.58%
ROIC 21.44%
ROA(3y)7.41%
ROA(5y)6.56%
ROE(3y)13.8%
ROE(5y)12.47%
ROIC(3y)12.43%
ROIC(5y)10.68%
AU Yearly ROA, ROE, ROICAU Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

1.3 Margins

  • With an excellent Profit Margin value of 26.65%, AU belongs to the best of the industry, outperforming 84.66% of the companies in the same industry.
  • In the last couple of years the Profit Margin of AU has grown nicely.
  • Looking at the Operating Margin, with a value of 42.67%, AU belongs to the top of the industry, outperforming 88.34% of the companies in the same industry.
  • AU's Operating Margin has improved in the last couple of years.
  • With a decent Gross Margin value of 49.27%, AU is doing good in the industry, outperforming 77.91% of the companies in the same industry.
  • In the last couple of years the Gross Margin of AU has grown nicely.
Industry RankSector Rank
OM 42.67%
PM (TTM) 26.65%
GM 49.27%
OM growth 3Y31.99%
OM growth 5Y5.81%
PM growth 3Y72.66%
PM growth 5Y4.32%
GM growth 3Y25.01%
GM growth 5Y5.3%
AU Yearly Profit, Operating, Gross MarginsAU Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40

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7

2. AU Health Analysis

2.1 Basic Checks

  • AU has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • AU has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for AU has been increased compared to 5 years ago.
  • The debt/assets ratio for AU has been reduced compared to a year ago.
AU Yearly Shares OutstandingAU Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
AU Yearly Total Debt VS Total AssetsAU Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • AU has an Altman-Z score of 6.78. This indicates that AU is financially healthy and has little risk of bankruptcy at the moment.
  • With a decent Altman-Z score value of 6.78, AU is doing good in the industry, outperforming 72.39% of the companies in the same industry.
  • The Debt to FCF ratio of AU is 0.72, which is an excellent value as it means it would take AU, only 0.72 years of fcf income to pay off all of its debts.
  • AU has a Debt to FCF ratio of 0.72. This is amongst the best in the industry. AU outperforms 88.34% of its industry peers.
  • AU has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
  • AU's Debt to Equity ratio of 0.27 is on the low side compared to the rest of the industry. AU is outperformed by 60.74% of its industry peers.
  • Even though the debt/equity ratio score it not favorable for AU, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 0.27
Debt/FCF 0.72
Altman-Z 6.78
ROIC/WACC1.68
WACC12.8%
AU Yearly LT Debt VS Equity VS FCFAU Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B

2.3 Liquidity

  • AU has a Current Ratio of 2.87. This indicates that AU is financially healthy and has no problem in meeting its short term obligations.
  • AU has a Current ratio (2.87) which is comparable to the rest of the industry.
  • AU has a Quick Ratio of 2.20. This indicates that AU is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 2.20, AU is in line with its industry, outperforming 59.51% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.87
Quick Ratio 2.2
AU Yearly Current Assets VS Current LiabilitesAU Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

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6

3. AU Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 122.23% 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 17.16% yearly.
  • Looking at the last year, AU shows a very strong growth in Revenue. The Revenue has grown by 70.78%.
  • The Revenue has been growing by 16.58% on average over the past years. This is quite good.
EPS 1Y (TTM)122.23%
EPS 3Y110.69%
EPS 5Y17.16%
EPS Q2Q%179.41%
Revenue 1Y (TTM)70.78%
Revenue growth 3Y30.02%
Revenue growth 5Y16.58%
Sales Q2Q%75.31%

3.2 Future

  • The Earnings Per Share is expected to decrease by -4.77% on average over the next years.
  • Based on estimates for the next years, AU will show a quite strong growth in Revenue. The Revenue will grow by 12.10% on average per year.
EPS Next Y96.75%
EPS Next 2Y47.69%
EPS Next 3Y24.68%
EPS Next 5Y-4.77%
Revenue Next Year37.19%
Revenue Next 2Y18.81%
Revenue Next 3Y12.1%
Revenue Next 5YN/A

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.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
AU Yearly Revenue VS EstimatesAU Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5B 10B
AU Yearly EPS VS EstimatesAU Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8 10

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8

4. AU Valuation Analysis

4.1 Price/Earnings Ratio

  • AU is valuated correctly with a Price/Earnings ratio of 16.81.
  • Compared to the rest of the industry, the Price/Earnings ratio of AU indicates a rather cheap valuation: AU is cheaper than 83.44% of the companies listed 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.
  • A Price/Forward Earnings ratio of 8.55 indicates a reasonable valuation of AU.
  • Based on the Price/Forward Earnings ratio, AU is valued cheaper than 82.21% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 21.97. AU is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 16.81
Fwd PE 8.55
AU Price Earnings VS Forward Price EarningsAU Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • AU's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AU is cheaper than 93.25% of the companies in the same industry.
Industry RankSector Rank
P/FCF 14.93
EV/EBITDA N/A
AU Per share dataAU EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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.
  • The excellent profitability rating of AU may justify a higher PE ratio.
  • AU's earnings are expected to grow with 24.68% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.17
PEG (5Y)0.98
EPS Next 2Y47.69%
EPS Next 3Y24.68%

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5

5. AU Dividend Analysis

5.1 Amount

  • AU has a Yearly Dividend Yield of 3.68%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.05, AU pays a better dividend. On top of this AU pays more dividend than 94.48% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, AU pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.68%

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
AU Yearly Dividends per shareAU Yearly Dividends per shareYearly Dividends per share 2017 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • 70.98% of the earnings are spent on dividend by AU. This is not a sustainable payout ratio.
  • The Dividend Rate of AU has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP70.98%
EPS Next 2Y47.69%
EPS Next 3Y24.68%
AU Yearly Income VS Free CF VS DividendAU Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B
AU Dividend Payout.AU Dividend Payout, showing the Payout Ratio.AU Dividend Payout.PayoutRetained Earnings

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AU Fundamentals: All Metrics, Ratios and Statistics

ANGLOGOLD ASHANTI PLC

NYSE:AU (4/28/2026, 4:15:00 PM)

After market: 93.3152 -0.63 (-0.68%)

93.95

-4.28 (-4.36%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-20
Earnings (Next)05-08
Inst Owners81.61%
Inst Owner Change-0.54%
Ins Owners0.06%
Ins Owner Change0%
Market Cap47.45B
Revenue(TTM)9.89B
Net Income(TTM)2.64B
Analysts80
Price Target119.17 (26.84%)
Short Float %0.73%
Short Ratio1.25
Dividend
Industry RankSector Rank
Dividend Yield 3.68%
Yearly Dividend3.71
Dividend Growth(5Y)59.59%
DP70.98%
Div Incr Years1
Div Non Decr Years1
Ex-Date03-13
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.23%
Min EPS beat(2)0.44%
Max EPS beat(2)12.01%
EPS beat(4)4
Avg EPS beat(4)9.58%
Min EPS beat(4)0.44%
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)0
Avg Revenue beat(2)-1.97%
Min Revenue beat(2)-2.93%
Max Revenue beat(2)-1%
Revenue beat(4)2
Avg Revenue beat(4)0.53%
Min Revenue beat(4)-2.93%
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)2.04%
PT rev (3m)32.51%
EPS NQ rev (1m)65.71%
EPS NQ rev (3m)65.71%
EPS NY rev (1m)3.7%
EPS NY rev (3m)32.65%
Revenue NQ rev (1m)52.13%
Revenue NQ rev (3m)52.13%
Revenue NY rev (1m)2.42%
Revenue NY rev (3m)17.6%
Valuation
Industry RankSector Rank
PE 16.81
Fwd PE 8.55
P/S 4.8
P/FCF 14.93
P/OCF 9.92
P/B 5.86
P/tB 5.94
EV/EBITDA N/A
EPS(TTM)5.59
EY5.95%
EPS(NY)10.99
Fwd EY11.7%
FCF(TTM)6.29
FCFY6.7%
OCF(TTM)9.47
OCFY10.08%
SpS19.59
BVpS16.02
TBVpS15.81
PEG (NY)0.17
PEG (5Y)0.98
Graham Number44.8899 (-52.22%)
Profitability
Industry RankSector Rank
ROA 17.48%
ROE 32.58%
ROCE 31.36%
ROIC 21.44%
ROICexc 27.33%
ROICexgc 27.61%
OM 42.67%
PM (TTM) 26.65%
GM 49.27%
FCFM 32.11%
ROA(3y)7.41%
ROA(5y)6.56%
ROE(3y)13.8%
ROE(5y)12.47%
ROIC(3y)12.43%
ROIC(5y)10.68%
ROICexc(3y)15.18%
ROICexc(5y)12.94%
ROICexgc(3y)15.35%
ROICexgc(5y)13.12%
ROCE(3y)18.18%
ROCE(5y)15.62%
ROICexgc growth 3Y41.88%
ROICexgc growth 5Y7.59%
ROICexc growth 3Y42.25%
ROICexc growth 5Y7.9%
OM growth 3Y31.99%
OM growth 5Y5.81%
PM growth 3Y72.66%
PM growth 5Y4.32%
GM growth 3Y25.01%
GM growth 5Y5.3%
F-Score8
Asset Turnover0.66
Health
Industry RankSector Rank
Debt/Equity 0.27
Debt/FCF 0.72
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 16.24%
Interest Coverage 250
Cash Conversion N/A
Profit Quality 120.52%
Current Ratio 2.87
Quick Ratio 2.2
Altman-Z 6.78
F-Score8
WACC12.8%
ROIC/WACC1.68
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)19.27%
Cap/Sales(5y)23.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)122.23%
EPS 3Y110.69%
EPS 5Y17.16%
EPS Q2Q%179.41%
EPS Next Y96.75%
EPS Next 2Y47.69%
EPS Next 3Y24.68%
EPS Next 5Y-4.77%
Revenue 1Y (TTM)70.78%
Revenue growth 3Y30.02%
Revenue growth 5Y16.58%
Sales Q2Q%75.31%
Revenue Next Year37.19%
Revenue Next 2Y18.81%
Revenue Next 3Y12.1%
Revenue Next 5YN/A
EBIT growth 1Y164.84%
EBIT growth 3Y71.61%
EBIT growth 5Y23.35%
EBIT Next Year117.46%
EBIT Next 3Y28.6%
EBIT Next 5Y1.48%
FCF growth 1Y261.85%
FCF growth 3Y130.63%
FCF growth 5Y27.26%
OCF growth 1Y143.09%
OCF growth 3Y38.42%
OCF growth 5Y23.11%

ANGLOGOLD ASHANTI PLC / AU Fundamental Analysis FAQ

What is the fundamental rating for AU stock?

ChartMill assigns a fundamental rating of 7 / 10 to AU.


What is the valuation status of ANGLOGOLD ASHANTI PLC (AU) stock?

ChartMill assigns a valuation rating of 8 / 10 to ANGLOGOLD ASHANTI PLC (AU). This can be considered as Undervalued.


Can you provide the profitability details for ANGLOGOLD ASHANTI PLC?

ANGLOGOLD ASHANTI PLC (AU) has a profitability rating of 8 / 10.


What is the valuation of ANGLOGOLD ASHANTI PLC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ANGLOGOLD ASHANTI PLC (AU) is 16.81 and the Price/Book (PB) ratio is 5.86.


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 70.98%.