ANGLOGOLD ASHANTI PLC (AU) Stock Fundamental Analysis
USA - NYSE:AU - GB00BRXH2664 - Common Stock
68.61 USD
+1.94 (+2.91%)
68.47 USD
-0.14 (-0.2%)
We assign a fundamental rating of 7 out of 10 to AU. AU was compared to 155 industry peers in the Metals & Mining industry. AU gets an excellent profitability rating and is at the same time showing great financial health properties. AU scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes AU very considerable for value 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.
Of the past 5 years AU 4 years were profitable.
In the past 5 years AU always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 14.35%, AU belongs to the best of the industry, outperforming 94.19% of the companies in the same industry.
AU has a better Return On Equity (27.35%) than 96.13% of its industry peers.
AU has a better Return On Invested Capital (19.74%) than 96.13% of its industry peers.
AU had an Average Return On Invested Capital over the past 3 years of 9.08%. This is below the industry average of 12.31%.
The 3 year average ROIC (9.08%) for AU is below the current ROIC(19.74%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.35% | ||
| ROE | 27.35% | ||
| ROIC | 19.74% |
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
With an excellent Profit Margin value of 22.19%, AU belongs to the best of the industry, outperforming 88.39% of the companies in the same industry.
In the last couple of years the Profit Margin of AU has grown nicely.
AU has a better Operating Margin (35.00%) than 86.45% of its industry peers.
In the last couple of years the Operating Margin of AU has grown nicely.
AU has a better Gross Margin (42.65%) than 80.00% of its industry peers.
AU's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35% | ||
| PM (TTM) | 22.19% | ||
| GM | 42.65% |
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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.
The debt/assets ratio for AU has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.31 indicates that AU is not in any danger for bankruptcy at the moment.
AU has a Altman-Z score of 5.31. This is in the better half of the industry: AU outperforms 66.45% of its industry peers.
The Debt to FCF ratio of AU is 1.31, which is an excellent value as it means it would take AU, only 1.31 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.31, AU belongs to the top of the industry, outperforming 87.10% of the companies in the same industry.
AU has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.29, AU is doing worse than 62.58% of the companies in the same industry.
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 | 0.29 | ||
| Debt/FCF | 1.31 | ||
| Altman-Z | 5.31 |
ROIC/WACC2.23
WACC8.85%
2.3 Liquidity
A Current Ratio of 2.99 indicates that AU has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.99, AU is in line with its industry, outperforming 60.00% of the companies in the same industry.
AU has a Quick Ratio of 2.22. This indicates that AU is financially healthy and has no problem in meeting its short term obligations.
AU has a better Quick ratio (2.22) than 61.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.99 | ||
| Quick Ratio | 2.22 |
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.
AU shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.43%.
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%120%
Revenue 1Y (TTM)26.43%
Revenue growth 3Y12.87%
Revenue growth 5Y10.45%
Sales Q2Q%77.05%
3.2 Future
The Earnings Per Share is expected to decrease by -1.30% 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 13.47% on average per year.
EPS Next Y108.41%
EPS Next 2Y41.9%
EPS Next 3Y23.31%
EPS Next 5Y-1.3%
Revenue Next Year56.52%
Revenue Next 2Y24.9%
Revenue Next 3Y14.16%
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 decreasing.
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
A Price/Earnings ratio of 19.60 indicates a rather expensive valuation of AU.
Based on the Price/Earnings ratio, AU is valued cheaper than 81.94% of the companies in the same industry.
AU's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.67.
The Price/Forward Earnings ratio is 13.13, which indicates a correct valuation of AU.
AU's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AU is cheaper than 71.61% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.33, AU is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.6 | ||
| Fwd PE | 13.13 |
4.2 Price Multiples
AU's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AU is cheaper than 86.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.61 | ||
| 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.
AU has an outstanding profitability rating, which may justify a higher PE ratio.
AU's earnings are expected to grow with 23.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y41.9%
EPS Next 3Y23.31%
5. Dividend
5.1 Amount
AU has a Yearly Dividend Yield of 2.06%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.41, AU pays a better dividend. On top of this AU pays more dividend than 87.10% of the companies listed in the same industry.
AU's Dividend Yield is comparable with the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.06% |
5.2 History
The dividend of AU is nicely growing with an annual growth rate of 59.59%!
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
39.60% of the earnings are spent on dividend by AU. This is a low number and sustainable payout ratio.
DP39.6%
EPS Next 2Y41.9%
EPS Next 3Y23.31%
68.61
+1.94 (+2.91%)
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 Cap34.63B
Revenue(TTM)9.14B
Net Income(TTM)2.03B
Analysts77.33
Price Target56.71 (-17.34%)
Short Float %2.5%
Short Ratio4.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.06% |
Yearly Dividend0.53
Dividend Growth(5Y)59.59%
DP39.6%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.93%
Min EPS beat(2)12.11%
Max EPS beat(2)13.75%
EPS beat(4)2
Avg EPS beat(4)-11.04%
Min EPS beat(4)-36.47%
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)2
Avg Revenue beat(2)3.03%
Min Revenue beat(2)2.47%
Max Revenue beat(2)3.59%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)9.02%
PT rev (3m)22.2%
EPS NQ rev (1m)2.11%
EPS NQ rev (3m)2.25%
EPS NY rev (1m)0%
EPS NY rev (3m)14.56%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.58%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.6 | ||
| Fwd PE | 13.13 | ||
| P/S | 3.79 | ||
| P/FCF | 19.61 | ||
| P/OCF | 11.47 | ||
| P/B | 4.67 | ||
| P/tB | 4.74 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.5
EY5.1%
EPS(NY)5.22
Fwd EY7.61%
FCF(TTM)3.5
FCFY5.1%
OCF(TTM)5.98
OCFY8.72%
SpS18.11
BVpS14.69
TBVpS14.49
PEG (NY)0.18
PEG (5Y)N/A
Graham Number34.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.35% | ||
| ROE | 27.35% | ||
| ROCE | 25.02% | ||
| ROIC | 19.74% | ||
| ROICexc | 23.4% | ||
| ROICexgc | 23.63% | ||
| OM | 35% | ||
| PM (TTM) | 22.19% | ||
| GM | 42.65% | ||
| FCFM | 19.32% |
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 Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.31 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 13.71% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 87.08% | ||
| Current Ratio | 2.99 | ||
| Quick Ratio | 2.22 | ||
| Altman-Z | 5.31 |
F-Score8
WACC8.85%
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%120%
EPS Next Y108.41%
EPS Next 2Y41.9%
EPS Next 3Y23.31%
EPS Next 5Y-1.3%
Revenue 1Y (TTM)26.43%
Revenue growth 3Y12.87%
Revenue growth 5Y10.45%
Sales Q2Q%77.05%
Revenue Next Year56.52%
Revenue Next 2Y24.9%
Revenue Next 3Y14.16%
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 1Y1978.72%
FCF growth 3Y54.09%
FCF growth 5Y20.61%
OCF growth 1Y173.21%
OCF growth 3Y15.78%
OCF growth 5Y13.45%