AngloGold Ashanti PLC Ordinary Shares (AU)

FairStock Score: 92/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at a gold miner as a commodity business first. In fiscal Q2 2026, AngloGold reported revenue of $3.1B and net income of $1.0B, a 32.28% net margin. That is a strong quarter, but gold prices are outside management's control, so I focus on costs, balance sheet, and capital allocation. The data show trailing free cash flow of $4.5B, a 9.1% FCF yield on the $49.1B market cap, debt-to-equity of 0.17, and an Altman Z-Score of 7.63—all signs of financial resilience. FairStock calculations show ROE of 44.73% and ROCE of 24.86%, which are excellent. At the 2026-10-13 close of $91.65, the P/E is 12.29, P/B is 5.22, and PEG is 0.25. The earnings multiple looks modest, but the Graham Number is $54.52, leaving a margin of safety of -68.10%, so the price is well above a conservative asset-based value. A Piotroski F-Score of 5/9 is only moderate. The 4.38% dividend yield and 0.75 beta add appeal. No Lynch category is assigned because only 0 years of filed results are available and three are needed. Overall, this is a profitable, cash-generative miner with low debt, but no wide moat and a thin margin of safety on Graham principles. I would want more evidence across a full cycle before calling it a bargain.

In plain English: AngloGold Ashanti is a gold mining company with operations in Africa, Australia, and the Americas. In its latest reported quarter, fiscal Q2 2026, it earned $1.0B on $3.1B of revenue, which points to a strong profit margin. At $91.65, the shares look expensive on the conservative value measures in the data, even though the business is generating large cash flow.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer