Anglogold Ashanti PLC is an independent gold mining company. It has a diversified asset portfolio, including production from operations in eight countries (Argentina, Australia, Brazil, Egypt, Ghana, Guinea, the DRC, and Tanzania), supported by greenfield projects in the United States and Colombia.
It is a $47.6B materials company. Revenue grew 70.8% over the last year, it keeps 27¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 12.5× earnings.
- Website
- anglogoldashanti.com
- Employees
- 41 416
- Sector
- Basic Materials
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation, growth, profitability, health and quality; Moat lags behind.
Valuation82
- P/E vs own history45th pct · 12/25
- FCF yield9.4% · 25/25
- P/S4.0x · 20/25
- EV/EBITDA8.1x · 25/25
Growth87
- Revenue CAGR25.2% · 25/25
- Net income CAGR43.9% · 25/25
- EPS CAGR ~5Y37.0% · 25/25
- Fwd implied growth12.8% · 12/25
Profitability100
- ROIC27.0% · 25/25
- ROE45.8% · 25/25
- Net margin26.6% · 25/25
- Operating margin48.6% · 25/25
Health100
- Altman Z7.83 · 25/25
- Current ratio2.71 · 25/25
- Interest coverageno interest expense · 25/25
- Net cash / debtNet cash · 25/25
Quality84
- Piotroski F7/9 · 22/25
- Beneish M-3.28 · 25/25
- FCF conversion170% · 25/25
- Margin stabilityσ 10.5% · 12/25
Moat44
- ROIC >12% years4/5 yrs · 20/25
- Median gross margin29.1% · 6/25
- FCF-positive years4/5 yrs · 18/25
- Worst-year net marginworst -5.1% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialBest year on record$2.64B net income
- FY2024FinancialBecame debt-freecash now exceeds total debt
- 2023IPOBased on 2023 production, AngloGold was the world’s 7th largest gold miner, owning 21 mining operations across four…
- FY2021FinancialFirst recorded profitable year$614M net income
- FY2021FinancialRevenue already above $1B$4.03B in first reported year
- 2004AcquisitionWith a diverse portfolio of cooperation, projects, and exploration activities, AngloGold Ashanti was formed in 2004…
- 2003AcquisitionThis came almost a year after the merger was announced on 16 May 2003
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (54.8%)
- Strongly profitable — 26.6% net margin
- Revenue growing 70.8% year over year
- Strong cash conversion — FCF is 45.2% of revenue
- Net cash position after subtracting debt from cash
Watch-outs
- Loss-making in 1 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+70.8% YoY
- Profitable — makes more than it spends$2.64B FY2025
- Profit growing — earnings are higher than last year+110.7% YoY
- Generates cash — cash left after running and investing$4.47B FY2025
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$47.6B market cap
- Not printing shares — share count not ballooning — you keep your slice+21.9% shares over ~5y
- Proven track record — years of profitability behind it4/5 profitable years
- Financially stable — balance sheet not near distressAltman Z 7.8 — safe
- Pays a dividend — returns cash to shareholdersyield 6.49%
- Valuation not extreme — price not wildly above earningsP/E 12.5
Peer comparisonAngloGold Ashanti plc vs 6 largest basic materials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| AU this company | $47.6B | 12.5 | +70.8% | 26.6% | Strong |
| LIN Linde plc Ordinary Share | $223.2B | 30.8 | +6.6% | 20.4% | Solid |
| SCCO Southern Copper Corporation | $176.8B | 31.2 | +32.8% | 35.9% | Strong |
| NEM Newmont Corporation | $124.2B | 14.4 | +25.2% | 33.4% | Strong |
| FCX Freeport-McMoran Inc. | $105.8B | 35.9 | +0.2% | 11.4% | Strong |
| AEM Agnico Eagle Mines Ltd. | $95.8B | 15.9 | +43.7% | 37.5% | Strong |
| B Barrick Mining Corporation | $67.5B | 10.1 | +9.2% | 31.6% | Strong |
Head-to-head: AU vs LIN · AU vs SCCO · AU vs NEM
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2021–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/AU
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of AU on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $94.16 · market cap $47.6B.