ANGLOGOLD ASHANTI PLC (AU) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AU - GB00BRXH2664 - Common Stock
83.55 USD
-0.31 (-0.37%)
82.19 USD
-1.36 (-1.63%)
Taking everything into account, AU scores 8 out of 10 in our fundamental rating. AU was compared to 154 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 growing strongly while it also seems undervalued. This is an interesting combination These ratings could make AU a good candidate for value and growth and quality investing.
1. Profitability
1.1 Basic Checks
AU had positive earnings in the past year.
In the past year AU had a positive cash flow from operations.
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.
1.2 Ratios
Looking at the Return On Assets, with a value of 16.68%, AU belongs to the top of the industry, outperforming 94.81% of the companies in the same industry.
AU's Return On Equity of 32.17% is amongst the best of the industry. AU outperforms 96.10% of its industry peers.
Looking at the Return On Invested Capital, with a value of 23.07%, AU belongs to the top of the industry, outperforming 97.40% 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 13.20%.
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
Looking at the Profit Margin, with a value of 24.58%, AU belongs to the top of the industry, outperforming 88.96% 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 37.97%. This is amongst the best in the industry. AU outperforms 88.96% of its industry peers.
AU's Operating Margin has improved in the last couple of years.
AU has a better Gross Margin (45.19%) than 79.87% of its industry peers.
In the last couple of years the Gross Margin of AU has grown nicely.
| 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
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.
The number of shares outstanding for AU has been increased compared to 5 years ago.
Compared to 1 year ago, AU has an improved debt to assets ratio.
2.2 Solvency
AU has an Altman-Z score of 5.97. This indicates that AU is financially healthy and has little risk of bankruptcy at the moment.
AU has a Altman-Z score of 5.97. This is in the better half of the industry: AU outperforms 68.83% 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 has a better Debt to FCF ratio (0.92) than 87.66% 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.
With a Debt to Equity ratio value of 0.28, AU is not doing good in the industry: 61.69% of the companies in the same industry are doing better.
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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 0.92 | ||
| Altman-Z | 5.97 |
ROIC/WACC2.37
WACC9.73%
2.3 Liquidity
A Current Ratio of 2.58 indicates that AU has no problem at all paying its short term obligations.
AU's Current ratio of 2.58 is in line compared to the rest of the industry. AU outperforms 53.90% of its industry peers.
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.
Looking at the Quick ratio, with a value of 1.98, AU is in line with its industry, outperforming 55.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.98 |
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.
The Revenue has grown by 26.43% in the past year. This is a very strong growth!
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%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.
Based on estimates for the next years, AU will show a quite strong growth in Revenue. The Revenue will grow by 13.47% on average per year.
EPS Next Y156.27%
EPS Next 2Y71.54%
EPS Next 3Y43.94%
EPS Next 5Y14.97%
Revenue Next Year64.34%
Revenue Next 2Y35.35%
Revenue Next 3Y22.51%
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 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
AU is valuated rather expensively with a Price/Earnings ratio of 19.12.
Compared to the rest of the industry, the Price/Earnings ratio of AU indicates a rather cheap valuation: AU is cheaper than 82.47% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.37. AU is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 10.94, the valuation of AU can be described as reasonable.
Based on the Price/Forward Earnings ratio, AU is valued cheaper than 80.52% of the companies in the same industry.
AU's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.12 | ||
| Fwd PE | 10.94 |
4.2 Price Multiples
90.26% 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 | 16.79 | ||
| 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.
The excellent profitability rating of AU may justify a higher PE ratio.
AU's earnings are expected to grow with 43.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.12
PEG (5Y)N/A
EPS Next 2Y71.54%
EPS Next 3Y43.94%
5. Dividend
5.1 Amount
AU has a Yearly Dividend Yield of 2.84%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.60, AU pays a better dividend. On top of this AU pays more dividend than 89.61% of the companies listed in the same industry.
AU's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
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.
The dividend of AU decreased recently.
Dividend Growth(5Y)59.59%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
AU pays out 51.17% of its income as dividend. 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 2Y71.54%
EPS Next 3Y43.94%
83.55
-0.31 (-0.37%)
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 Cap42.17B
Revenue(TTM)10.07B
Net Income(TTM)2.47B
Analysts80
Price Target91.51 (9.53%)
Short Float %1.7%
Short Ratio2.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
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)61.36%
PT rev (3m)75.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.7%
EPS NY rev (1m)17.01%
EPS NY rev (3m)27.27%
Revenue NQ rev (1m)24.49%
Revenue NQ rev (3m)24.49%
Revenue NY rev (1m)2.79%
Revenue NY rev (3m)5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.12 | ||
| Fwd PE | 10.94 | ||
| P/S | 4.19 | ||
| P/FCF | 16.79 | ||
| P/OCF | 10.98 | ||
| P/B | 5.48 | ||
| P/tB | 5.56 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.37
EY5.23%
EPS(NY)7.64
Fwd EY9.14%
FCF(TTM)4.98
FCFY5.96%
OCF(TTM)7.61
OCFY9.11%
SpS19.94
BVpS15.24
TBVpS15.03
PEG (NY)0.12
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 | 5.97 |
F-Score8
WACC9.73%
ROIC/WACC2.37
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 Y156.27%
EPS Next 2Y71.54%
EPS Next 3Y43.94%
EPS Next 5Y14.97%
Revenue 1Y (TTM)26.43%
Revenue growth 3Y12.87%
Revenue growth 5Y10.45%
Sales Q2Q%62.11%
Revenue Next Year64.34%
Revenue Next 2Y35.35%
Revenue Next 3Y22.51%
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 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 19.12 and the Price/Book (PB) ratio is 5.48.
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%.