(AU) AngloGold Ashanti - Overview

Sector: Basic Materials | Industry: Gold | Exchange: NYSE (USA) | Market Cap: 47.792m USD | Total Return: 88.5% in 12m

Gold, Silver, Sulphuric Acid
Total Rating 77
Safety 76
Buy Signal -1.09
Gold
Industry Rotation: -5.0
Market Cap: 47.8B
Avg Turnover: 213M
Risk 3d forecast
Volatility67.7%
VaR 5th Pctl11.7%
VaR vs Median4.86%
Reward TTM
Sharpe Ratio1.32
Rel. Str. IBD72.5
Rel. Str. Peer Group62.8
Character TTM
Beta0.690
Beta Downside0.273
Hurst Exponent0.543
Drawdowns 3y
Max DD38.71%
CAGR/Max DD1.47
CAGR/Mean DD4.41
EPS (Earnings per Share) EPS (Earnings per Share) of AU over the last years for every Quarter: "2021-06": 0.39, "2021-09": 0.33, "2021-12": 0.33, "2022-03": 0.42, "2022-06": 0.29, "2022-09": 0, "2022-12": 0.67, "2023-03": 0.19, "2023-06": 0.34, "2023-09": 0.33, "2023-12": -0.25, "2024-03": 0.33, "2024-06": 0.6, "2024-09": 0.56, "2024-12": 0.89, "2025-03": 0.88, "2025-06": 1.25, "2025-09": 1.32, "2025-12": 1.9, "2026-03": 2.52,
EPS CAGR: 119.00%
EPS Trend: 88.3%
Last SUE: 3.16
Qual. Beats: 1
Revenue Revenue of AU over the last years for every Quarter: 2021-06: 1965, 2021-09: 1032, 2021-12: 1032, 2022-03: 1052, 2022-06: 1052, 2022-09: 1173, 2022-12: 1173, 2023-03: 1028, 2023-06: 2186, 2023-09: 1140, 2023-12: 2396, 2024-03: 1171, 2024-06: 1171, 2024-09: 1491, 2024-12: 1750, 2025-03: 1963, 2025-06: 2445, 2025-09: 2417, 2025-12: 3068, 2026-03: 3235.999999,
Rev. CAGR: 23.76%
Rev. Trend: 82.2%
Last SUE: -0.06
Qual. Beats: 0

Warnings

Choppy Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: AU AngloGold Ashanti

AngloGold Ashanti plc (NYSE: AU) is a global gold mining entity with operational footprints across Africa, Australia, and the Americas. Headquartered in Colorado, the company focuses on the extraction of gold alongside secondary by-products such as silver and sulphuric acid. Its primary asset is the wholly owned Geita mine in Tanzania, a key contributor to its production profile.

The company operates within the capital-intensive precious metals sector, where profitability is heavily dictated by global spot prices and the AISC (All-In Sustaining Cost) of extraction. As a senior gold producer, AngloGold Ashanti utilizes a business model centered on large-scale open-pit and underground mining operations to maintain long-term reserve replacement.

To better understand how these operational factors impact valuation, investors should review the detailed fundamental metrics available on ValueRay. Historical performance in the gold mining sub-industry often correlates with currency fluctuations and geopolitical stability in emerging markets.

Headlines to Watch Out For
  • Global gold spot price fluctuations dictate revenue and free cash flow levels
  • All-in sustaining costs impact margins across African and Australian mining operations
  • Geopolitical stability in Tanzanian and Guinean jurisdictions affects long-term production outlook
  • Currency volatility in South African and Australian markets influences operational expenditure
  • Geita mine production volume and grade consistency drive quarterly earnings performance
Piotroski VR-10 (Strict) 8.0
Net Income: 3.47b TTM > 0 and > 6% of Revenue
FCF/TA: 0.25 > 0.02 and ΔFCF/TA 17.17 > 1.0
NWC/Revenue: 27.06% < 20% (prev 28.96%; Δ -1.90% < -1%)
CFO/TA 0.37 > 3% & CFO 5.75b > Net Income 3.47b
Net Debt (-685.0m) to EBITDA (6.39b): -0.11 < 3
Current Ratio: 2.71 > 1.5 & < 3
Outstanding Shares: last quarter (504.9m) vs 12m ago 0.29% < -2%
Gross Margin: 52.17% > 18% (prev 38.57%; Δ 13.59% > 0.5%)
Asset Turnover: 76.75% > 50% (prev 47.61%; Δ 29.15% > 0%)
Interest Coverage Ratio: 26.33 > 6 (EBIT TTM 5.37b / Interest Expense TTM 204.0m)
Altman Z'' 7.08
A: 0.19 (Total Current Assets 4.79b - Total Current Liabilities 1.77b) / Total Assets 15.7b
B: 0.51 (Retained Earnings 7.97b / Total Assets 15.7b)
C: 0.37 (EBIT TTM 5.37b / Avg Total Assets 14.5b)
D: 1.60 (Book Value of Equity 8.53b / Total Liabilities 5.33b)
Altman-Z'' = 7.08 = AAA
Beneish M -3.39
DSRI: 0.03 (Receivables 30.0m/643.0m, Revenue 11.2b/6.38b)
GMI: 0.74 (GM 38.57% / 52.17%)
AQI: 1.25 (AQ_t 0.13 / AQ_t-1 0.10)
SGI: 1.75 (Revenue 11.2b / 6.38b)
TATA: -0.14 (NI 3.47b - CFO 5.75b) / TA 15.7b)
Beneish M = -3.39 (Cap -4..+1) = AA
What is the price of AU shares?

As of June 07, 2026, the stock is trading at USD 84.12 with a total of 3,047,998 shares traded.
Over the past week, the price has changed by -13.14%, over one month by -6.33%, over three months by -19.76% and over the past year by +88.50%.

Is AU a buy, sell or hold?

AngloGold Ashanti has received a consensus analysts rating of 3.38. Therefore, it is recommended to hold AU.

  • StrongBuy: 1
  • Buy: 3
  • Hold: 3
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the AU price?
Analysts Target Price 123.3 46.6%
AngloGold Ashanti (AU) - Fundamental Data Overview as of 30 May 2026
Market Cap USD = 47.8b (47.8b USD * 1.0 USD.USD)
P/E Trailing = 13.8796
P/E Forward = 10.2249
P/S = 4.2801
P/B = 5.5995
P/EG = 0.782
Revenue TTM = 11.2b USD
EBIT TTM = 5.37b USD
EBITDA TTM = 6.39b USD
Long Term Debt = 2.02b USD (from longTermDebt, last quarter)
Short Term Debt = 112.0m USD (from shortTermDebt, last quarter)
Debt = 2.49b USD (from shortLongTermDebtTotal, last quarter) + Leases 207.0m
Net Debt = -685.0m USD (calculated: Debt 2.49b - CCE 3.18b)
Enterprise Value = 47.1b USD (47.8b + Debt 2.49b - CCE 3.18b)
Interest Coverage Ratio = 26.33 (Ebit TTM 5.37b / Interest Expense TTM 204.0m)
EV/FCF = 11.77x (Enterprise Value 47.1b / FCF TTM 4.00b)
FCF Yield = 8.49% (FCF TTM 4.00b / Enterprise Value 47.1b)
FCF Margin = 35.83% (FCF TTM 4.00b / Revenue TTM 11.2b)
Net Margin = 31.11% (Net Income TTM 3.47b / Revenue TTM 11.2b)
Gross Margin = 52.17% ((Revenue TTM 11.2b - Cost of Revenue TTM 5.34b) / Revenue TTM)
Gross Margin QoQ = 58.19% (prev 50.62%)
Tobins Q-Ratio = 3.00 (Enterprise Value 47.1b / Total Assets 15.7b)
Interest Expense / Debt = 8.18% (Interest Expense 204.0m / Debt 2.49b)
Taxrate = 25.51% (1.40b / 5.50b)
NOPAT = 4.00b (EBIT 5.37b * (1 - 25.51%))
Current Ratio = 2.71 (Total Current Assets 4.79b / Total Current Liabilities 1.77b)
Debt / Equity = 0.29 (Debt 2.49b / totalStockholderEquity, last quarter 8.53b)
Debt / EBITDA = -0.11 (Net Debt -685.0m / EBITDA 6.39b)
Debt / FCF = -0.17 (Net Debt -685.0m / FCF TTM 4.00b)
Total Stockholder Equity = 7.93b (last 4 quarters mean from totalStockholderEquity)
RoA = 23.88% (Net Income 3.47b / Total Assets 15.7b)
RoE = 43.79% (Net Income TTM 3.47b / Total Stockholder Equity 7.93b)
RoCE = 53.97% (EBIT 5.37b / Capital Employed (Equity 7.93b + L.T.Debt 2.02b))
RoIC = 29.67% (NOPAT 4.00b / Invested Capital 13.5b)
WACC = 8.30% (E(47.8b)/V(50.3b) * Re(8.41%) + D(2.49b)/V(50.3b) * Rd(8.18%) * (1-Tc(0.26)))
Discount Rate = 8.41% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 70.47 | Cagr: 8.37%
[DCF] Terminal Value 77.97% ; FCFF base≈2.85b ; Y1≈3.26b ; Y5≈4.80b
[DCF] Fair Price = 144.2 (EV 72.2b - Net Debt -685.0m = Equity 72.9b / Shares 505.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.27 | EPS CAGR: 119.0% | SUE: 3.16 | # QB: 1
Revenue Correlation: 82.18 | Revenue CAGR: 23.76% | SUE: -0.06 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.13 | Chg30d=-1.84% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=1.68 | Chg30d=-31.85% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=9.95 | Chg30d=+5.19% | Revisions=+0% | GrowthEPS=+85.2% | GrowthRev=+36.0%
EPS next Year (2027-12-31): EPS=10.88 | Chg30d=+23.76% | Revisions=+14% | GrowthEPS=+9.4% | GrowthRev=+4.3%
[Analyst] Revisions Ratio: -20%