| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
ANG Overview
AngloGold Ashanti Limited operates as a gold mining company.
AngloGold Ashanti Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R292.26 |
| 52 Week High | R213.56 |
| 52 Week Low | R442.08 |
| Beta | 0.13 |
| 1 Month Change | 27.15% |
| 3 Month Change | 3.09% |
| 1 Year Change | -27.81% |
| 3 Year Change | 100.08% |
| 5 Year Change | 58.41% |
| Change since IPO | 209.27% |
Recent News & Updates
We Think AngloGold Ashanti (JSE:ANG) Can Stay On Top Of Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Why The 20% Return On Capital At AngloGold Ashanti (JSE:ANG) Should Have Your Attention
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Shareholder Returns
| ANG | ZA Metals and Mining | ZA Market | |
|---|---|---|---|
| 7D | 6.0% | -0.8% | -0.03% |
| 1Y | -27.8% | 4.0% | 19.0% |
Return vs Industry: ANG underperformed the ZA Metals and Mining industry which returned -2% over the past year.
Return vs Market: ANG underperformed the ZA Market which returned 19% over the past year.
Price Volatility
| ANG volatility | |
|---|---|
| ANG Beta | 0.13 |
| Industry Beta | 1.15 |
| Market Beta | 1 |
Stable Share Price: ANG is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ANG's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1944 | 26,000 | Alberto Calderon | https://www.anglogoldashanti.com |
AngloGold Ashanti Limited operates as a gold mining company. It also produces gold, silver, uranium, and sulphuric acid; and dóre bars. The company operates ten operations and three projects in eight countries in South Africa, Continental Africa, the Americas, and Australia.
AngloGold Ashanti Fundamentals Summary
| ANG fundamental statistics | |
|---|---|
| Market Cap | US$8.25b |
| Earnings (TTM) | US$926.00m |
| Revenue (TTM) | US$4.43b |
8.9x
P/E Ratio1.9x
P/S RatioIs ANG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ANG income statement (TTM) | |
|---|---|
| Revenue | US$4.43b |
| Cost of Revenue | US$2.81b |
| Gross Profit | US$1.62b |
| Expenses | US$696.00m |
| Earnings | US$926.00m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 08, 2021
| Earnings per share (EPS) | 2.22 |
| Gross Margin | 36.62% |
| Net Profit Margin | 20.91% |
| Debt/Equity Ratio | 49.9% |
How did ANG perform over the long term?
See historical performance and comparisonDividends
0.6%
Current Dividend Yield24%
Payout RatioValuation
Is AngloGold Ashanti undervalued compared to its fair value and its price relative to the market?
25.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ANG (ZAR292.26) is trading below our estimate of fair value (ZAR394.18)
Significantly Below Fair Value: ANG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ANG is poor value based on its PE Ratio (8.9x) compared to the ZA Metals and Mining industry average (5.7x).
PE vs Market: ANG is good value based on its PE Ratio (8.9x) compared to the ZA market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: ANG is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: ANG is overvalued based on its PB Ratio (2.2x) compared to the ZA Metals and Mining industry average (1.2x).
Future Growth
How is AngloGold Ashanti forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
7.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ANG's forecast earnings growth (7.5% per year) is below the savings rate (8.8%).
Earnings vs Market: ANG's earnings (7.5% per year) are forecast to grow slower than the ZA market (12.3% per year).
High Growth Earnings: ANG's earnings are forecast to grow, but not significantly.
Revenue vs Market: ANG's revenue (4.1% per year) is forecast to grow slower than the ZA market (6.4% per year).
High Growth Revenue: ANG's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ANG's Return on Equity is forecast to be low in 3 years time (13.3%).
Past Performance
How has AngloGold Ashanti performed over the past 5 years?
59.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ANG has high quality earnings.
Growing Profit Margin: ANG's current net profit margins (20.9%) are higher than last year (15.8%).
Past Earnings Growth Analysis
Earnings Trend: ANG's earnings have grown significantly by 59.3% per year over the past 5 years.
Accelerating Growth: ANG's earnings growth over the past year (50.1%) is below its 5-year average (59.3% per year).
Earnings vs Industry: ANG earnings growth over the past year (50.1%) underperformed the Metals and Mining industry 252.8%.
Return on Equity
High ROE: ANG's Return on Equity (24.5%) is considered high.
Financial Health
How is AngloGold Ashanti's financial position?
Financial Position Analysis
Short Term Liabilities: ANG's short term assets ($2.1B) exceed its short term liabilities ($879.0M).
Long Term Liabilities: ANG's short term assets ($2.1B) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: ANG's debt to equity ratio (49.9%) is considered high.
Reducing Debt: ANG's debt to equity ratio has reduced from 99.2% to 49.9% over the past 5 years.
Debt Coverage: ANG's debt is well covered by operating cash flow (78.6%).
Interest Coverage: ANG's interest payments on its debt are well covered by EBIT (27.2x coverage).
Balance Sheet
Dividend
What is AngloGold Ashanti current dividend yield, its reliability and sustainability?
0.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ANG's dividend (0.58%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.14%).
High Dividend: ANG's dividend (0.58%) is low compared to the top 25% of dividend payers in the ZA market (7.7%).
Stability and Growth of Payments
Stable Dividend: ANG is not paying a notable dividend for the ZA market, therefore no need to check if payments are stable.
Growing Dividend: ANG is not paying a notable dividend for the ZA market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ANG is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ANG's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Alberto Calderon
0.083
Tenure
Mr. Alberto Calderon serves as Director at AngloGold Ashanti Limited since 2021. Mr. Calderon holds a Ph.D. in Economics, a Master of Philosophy in Economics and a Master of Economics from Yale University,...
Leadership Team
Experienced Management: ANG's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: ANG's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ANG 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
AngloGold Ashanti Limited's employee growth, exchange listings and data sources
Key Information
- Name: AngloGold Ashanti Limited
- Ticker: ANG
- Exchange: JSE
- Founded: 1944
- Industry: Gold
- Sector: Materials
- Market Cap: R121.982b
- Shares outstanding: 417.38m
- Website: https://www.anglogoldashanti.com
Number of Employees
Location
- AngloGold Ashanti Limited
- 76 Rahima Moosa Street
- Newtown
- Johannesburg
- Gauteng
- 2001
- South Africa
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/22 20:54 |
| End of Day Share Price | 2021/10/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.