AngloGold Ashanti Plc (AU) is a publicly traded company in the Basic Materials — Gold industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. It explores for gold, as well as by-products, including silver and sulphuric acid. The company’s flagship property includes 100% owned the Geita mine located in the Lake Victoria goldfields of the Geita region in northwestern Tanzania. AngloGold Ashanti plc was incorporated in 1944 and is headquartered in Greenwood Village, Colorado.
Is AngloGold Ashanti Plc stock overvalued or undervalued in 2026?
AngloGold Ashanti Plc (AU) trades at 11.4× earnings (P/E), against a median of 18.8× across the 156 materials companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (11.4) does not tell whether it is cheap.
Kaplio overview: AngloGold Ashanti Plc
Market cap $43B · 52 weeks $64 – $128 (31 % below the high) · P/E 11.4× · 2027 expected P/E 9.5× · Dividend 5.1 % · Next earnings November 5, 2026 · expected EPS $1.75 · Closing price, Oct 29 · accounts published Jul 31.
- Valuation: P/E 11.4× (no verdict).
- Business: ROIC 31 % (fair).
- Balance sheet: Net cash/EBITDA 0.1× (solid).
- Earnings: 1 of 8 (disappointing).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (11.4) does not tell whether it is cheap.
In cyclicals the P/E misleads; on its average earnings over 10 years it trades at 68.7 times.
What matters in materials: 6 of 8 pass
- P/B across cycles 5.0×, fails.
- Capex / D&A 1.6×, borderline.
- FCF yield 12.7 %, passes.
- Gross margin 46.5 %, passes.
- Net debt / EBITDA (trough) −0.1×, passes.
- Dividend coverage 1.7×, passes.
- Altman Z-Score 6.9, passes.
- Cycle-adjusted EV/EBITDA 5.4×, passes.
Against its peers (reference peers) — AngloGold Ashanti Plc: P/E 11.4×; EV/EBITDA 5.4×; ROIC 31.3 %; $43.0B. Gold Fields Limited (P/E 7.2×; EV/EBITDA 4.4×; ROIC 29.0 %; $31.3B), Kinross Gold Corporation (P/E 8.3×; EV/EBITDA 4.6×; ROIC 25.2 %; $25.6B), Agnico Eagle Mines Limited (P/E 15.1×; EV/EBITDA 8.7×; ROIC 15.7 %; $89.1B).
Dividend
tight (only raised recently) · Yield 5.1 % ($3.68 per share in 2025) · Years raising it 2 · 5-year growth +110 % a year · Free cash flow coverage 1.8× · With $1,000 invested today you'd collect $50.90 a year ($4.24 a month).
Profitability
| Return on Equity | 45.77% |
| Return on Invested Capital | 31.29% |
| Return on Assets | 24.48% |
| Gross Margin | 53.54% |
| Operating Margin | 50.37% |
| Net Margin | 32.19% |
Financial Health
| Debt / Equity | 0.20 |
| Current Ratio | 2.71 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 6.92 |
Price Performance
| 1 month | -9.50% |
| 3 months | +7.26% |
| Year-to-date | -0.23% |
| 1 year | +23.30% |
| 3 years | +376.91% |
| 5 years | +360.39% |
| 10 years | +496.22% |
Dividend History
Paid in the last 12 months: $4.5200 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-21 | $0.7200 |
| 2026-05-29 | $1.1600 |
| 2026-03-13 | $1.7300 |
| 2025-11-28 | $0.9100 |
| 2025-08-22 | $0.8000 |
| 2025-05-30 | $0.1250 |
| 2025-03-14 | $0.6900 |
| 2024-08-28 | $0.2200 |
| 2024-03-13 | $0.1900 |
| 2023-08-24 | $0.0373 |
Amounts adjusted for stock splits.
Related companies: NEM · AEM · GFI · KGC · IAG · HMY · EGO · OGC
Explore sector: Basic Materials · Gold
More sections of AU: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks