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Anglo Asian Mining AIM:AAZ Stock Report

Last Price


Market Cap







18 Aug, 2022


Company Financials
AAZ fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance2/6
Financial Health6/6

AAZ Stock Overview

Anglo Asian Mining PLC, together with its subsidiaries, engages in the exploration and production of gold, copper, silver, and precious metal properties in Azerbaijan.

Anglo Asian Mining Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Anglo Asian Mining
Historical stock prices
Current Share PriceUK£0.87
52 Week HighUK£1.48
52 Week LowUK£0.78
1 Month Change7.94%
3 Month Change0.58%
1 Year Change-34.34%
3 Year Change-41.81%
5 Year Change244.55%
Change since IPO-1.70%

Recent News & Updates

Jul 26
Return Trends At Anglo Asian Mining (LON:AAZ) Aren't Appealing

Return Trends At Anglo Asian Mining (LON:AAZ) Aren't Appealing

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...

Shareholder Returns

AAZGB Metals and MiningGB Market

Return vs Industry: AAZ underperformed the UK Metals and Mining industry which returned -13.7% over the past year.

Return vs Market: AAZ underperformed the UK Market which returned -9% over the past year.

Price Volatility

Is AAZ's price volatile compared to industry and market?
AAZ volatility
AAZ Average Weekly Movement6.2%
Metals and Mining Industry Average Movement7.6%
Market Average Movement5.4%
10% most volatile stocks in GB Market10.9%
10% least volatile stocks in GB Market2.7%

Stable Share Price: AAZ is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: AAZ's weekly volatility (6%) has been stable over the past year.

About the Company

2004918Mohammed Vaziri

Anglo Asian Mining PLC, together with its subsidiaries, engages in the exploration and production of gold, copper, silver, and precious metal properties in Azerbaijan. The company has a 2,500 square kilometers portfolio of gold, silver, and copper properties in western Azerbaijan. Its principal property is the Gedabek mine located in Azerbaijan.

Anglo Asian Mining Fundamentals Summary

How do Anglo Asian Mining's earnings and revenue compare to its market cap?
AAZ fundamental statistics
Market CapUK£99.43m
Earnings (TTM)UK£6.13m
Revenue (TTM)UK£77.06m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AAZ income statement (TTM)
Cost of RevenueUS$74.47m
Gross ProfitUS$18.02m
Other ExpensesUS$10.66m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date


Earnings per share (EPS)0.064
Gross Margin19.48%
Net Profit Margin7.96%
Debt/Equity Ratio0%

How did AAZ perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is AAZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AAZ?

Other financial metrics that can be useful for relative valuation.

AAZ key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA3.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does AAZ's PE Ratio compare to its peers?

AAZ PE Ratio vs Peers
The above table shows the PE ratio for AAZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.5x
GFM Griffin Mining
KMR Kenmare Resources
MTR Metal Tiger
MTL Metals Exploration
AAZ Anglo Asian Mining

Price-To-Earnings vs Peers: AAZ is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the peer average (5.5x).

Price to Earnings Ratio vs Industry

How does AAZ's PE Ratio compare vs other companies in the GB Metals and Mining Industry?

Price-To-Earnings vs Industry: AAZ is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the UK Metals and Mining industry average (6x)

Price to Earnings Ratio vs Fair Ratio

What is AAZ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AAZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AAZ's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of AAZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AAZ (£0.87) is trading below our estimate of fair value (£1.78)

Significantly Below Fair Value: AAZ is trading below fair value by more than 20%.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Anglo Asian Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Anglo Asian Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

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  • Examine Anglo Asian Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Anglo Asian Mining competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Anglo Asian Mining performed over the past 5 years?

Past Performance Score


Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AAZ has high quality earnings.

Growing Profit Margin: AAZ's current net profit margins (8%) are lower than last year (22.8%).

Past Earnings Growth Analysis

Earnings Trend: AAZ's earnings have grown significantly by 26.6% per year over the past 5 years.

Accelerating Growth: AAZ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AAZ had negative earnings growth (-68.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (9.8%).

Return on Equity

High ROE: AAZ's Return on Equity (6.2%) is considered low.

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Financial Health

How is Anglo Asian Mining's financial position?

Financial Health Score


Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AAZ's short term assets ($94.3M) exceed its short term liabilities ($31.5M).

Long Term Liabilities: AAZ's short term assets ($94.3M) exceed its long term liabilities ($39.5M).

Debt to Equity History and Analysis

Debt Level: AAZ is debt free.

Reducing Debt: AAZ has no debt compared to 5 years ago when its debt to equity ratio was 43.4%.

Debt Coverage: AAZ has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AAZ has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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What is Anglo Asian Mining current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: AAZ's dividend (7.02%) is higher than the bottom 25% of dividend payers in the UK market (1.88%).

High Dividend: AAZ's dividend (7.02%) is in the top 25% of dividend payers in the UK market (5.23%)

Stability and Growth of Payments

Stable Dividend: AAZ has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: AAZ's dividend payments have increased, but the company has only paid a dividend for 4 years.

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (124.3%), AAZ's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (68.5%), AAZ's dividend payments are covered by cash flows.

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How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Mohammed Vaziri (69 yo)





Mr. Mohammed Reza Vaziri has been the President of Anglo Asian Mining PLC since March 2006 and serves as its Chief Executive Officer. Mr. Vaziri established Epicurean International, a private company invol...

Leadership Team

Experienced Management: AAZ's management team is seasoned and experienced (8.6 years average tenure).

Board Members

Experienced Board: AAZ's board of directors are seasoned and experienced ( 13 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Anglo Asian Mining PLC's employee growth, exchange listings and data sources

Key Information

  • Name: Anglo Asian Mining PLC
  • Ticker: AAZ
  • Exchange: AIM
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: UK£99.434m
  • Shares outstanding: 114.29m
  • Website:

Number of Employees


  • Anglo Asian Mining PLC
  • Tower 2
  • 3rd Floor
  • Baku
  • 1065
  • Azerbaijan


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/18 00:00
End of Day Share Price2022/08/18 00:00
Annual Earnings2021/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.