ANGLOGOLD ASHANTI PLC (AU) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AU - GB00BRXH2664 - Common Stock
90 USD
+3.8 (+4.41%)
91.53 USD
+1.53 (+1.7%)
We assign a fundamental rating of 8 out of 10 to AU. AU was compared to 156 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. AU is evaluated to be cheap and growing strongly. This does not happen too often! This makes AU very considerable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year AU was profitable.
In the past year AU had a positive cash flow from operations.
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
AU's Return On Assets of 16.68% is amongst the best of the industry. AU outperforms 94.87% of its industry peers.
AU has a better Return On Equity (32.17%) than 96.15% of its industry peers.
AU's Return On Invested Capital of 23.07% is amongst the best of the industry. AU outperforms 97.44% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AU is below the industry average of 13.25%.
The 3 year average ROIC (9.08%) for AU is below the current ROIC(23.07%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 24.58%, AU belongs to the top of the industry, outperforming 89.10% of the companies in the same industry.
AU's Profit Margin has improved in the last couple of years.
AU has a better Operating Margin (37.97%) than 88.46% of its industry peers.
AU's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 45.19%, AU is doing good in the industry, outperforming 78.85% 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 6.24. This indicates that AU is financially healthy and has little risk of bankruptcy at the moment.
AU's Altman-Z score of 6.24 is fine compared to the rest of the industry. AU outperforms 69.87% of its industry peers.
AU has a debt to FCF ratio of 0.92. This is a very positive value and a sign of high solvency as it would only need 0.92 years to pay back of all of its debts.
AU's Debt to FCF ratio of 0.92 is amongst the best of the industry. AU outperforms 86.54% of its industry peers.
AU has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
AU has a worse Debt to Equity ratio (0.28) than 61.54% 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 | 6.24 |
ROIC/WACC2.27
WACC10.17%
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's Current ratio of 2.58 is in line compared to the rest of the industry. AU outperforms 53.21% of its industry peers.
A Quick Ratio of 1.98 indicates that AU should not have too much problems paying its short term obligations.
AU's Quick ratio of 1.98 is in line compared to the rest of the industry. AU outperforms 54.49% of its industry peers.
| 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.
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%.
AU shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.45% yearly.
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
AU is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.97% yearly.
The Revenue is expected to grow by 13.47% on average over the next years. This is quite good.
EPS Next Y120.72%
EPS Next 2Y78.7%
EPS Next 3Y45.37%
EPS Next 5Y14.97%
Revenue Next Year65.57%
Revenue Next 2Y37.62%
Revenue Next 3Y24.45%
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 stable.
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
The Price/Earnings ratio is 20.59, which indicates a rather expensive current valuation of AU.
Based on the Price/Earnings ratio, AU is valued cheaper than 84.62% of the companies in the same industry.
AU is valuated rather cheaply when we compare the Price/Earnings ratio to 26.61, which is the current average of the S&P500 Index.
AU is valuated reasonably with a Price/Forward Earnings ratio of 10.86.
82.05% of the companies in the same industry are more expensive than AU, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 24.01. AU is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.59 | ||
| Fwd PE | 10.86 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, AU is valued cheaper than 91.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.08 | ||
| 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 45.37% in the coming years.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y78.7%
EPS Next 3Y45.37%
5. Dividend
5.1 Amount
AU has a Yearly Dividend Yield of 2.95%.
AU's Dividend Yield is rather good when compared to the industry average which is at 1.02. AU pays more dividend than 92.31% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, AU pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
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.
AU has decreased its dividend 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.
AU's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP51.17%
EPS Next 2Y78.7%
EPS Next 3Y45.37%
90
+3.8 (+4.41%)
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 Cap45.43B
Revenue(TTM)10.07B
Net Income(TTM)2.47B
Analysts80
Price Target89.93 (-0.08%)
Short Float %1.97%
Short Ratio3.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
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)8.18%
PT rev (3m)72.88%
EPS NQ rev (1m)27.67%
EPS NQ rev (3m)36%
EPS NY rev (1m)-13.87%
EPS NY rev (3m)5.91%
Revenue NQ rev (1m)2.19%
Revenue NQ rev (3m)27.21%
Revenue NY rev (1m)0.75%
Revenue NY rev (3m)5.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.59 | ||
| Fwd PE | 10.86 | ||
| P/S | 4.51 | ||
| P/FCF | 18.08 | ||
| P/OCF | 11.83 | ||
| P/B | 5.91 | ||
| P/tB | 5.99 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.37
EY4.86%
EPS(NY)8.29
Fwd EY9.21%
FCF(TTM)4.98
FCFY5.53%
OCF(TTM)7.61
OCFY8.45%
SpS19.94
BVpS15.24
TBVpS15.03
PEG (NY)0.17
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 | 6.24 |
F-Score8
WACC10.17%
ROIC/WACC2.27
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 Y120.72%
EPS Next 2Y78.7%
EPS Next 3Y45.37%
EPS Next 5Y14.97%
Revenue 1Y (TTM)26.43%
Revenue growth 3Y12.87%
Revenue growth 5Y10.45%
Sales Q2Q%62.11%
Revenue Next Year65.57%
Revenue Next 2Y37.62%
Revenue Next 3Y24.45%
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 20.59 and the Price/Book (PB) ratio is 5.91.
Can you provide the dividend sustainability for AU stock?
The dividend rating of ANGLOGOLD ASHANTI PLC (AU) is 6 / 10 and the dividend payout ratio is 51.17%.