# AngloGold Ashanti plc (AU) — Stock CV

AngloGold Ashanti plc is a $47.6B materials company. Revenue grew 70.8% over the last year, it keeps 27¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 12.5× earnings.

> Anglogold Ashanti PLC is an independent gold mining company. It has a diversified asset portfolio, including production from operations in eight countries (Argentina, Australia, Brazil, Egypt, Ghana, Guinea, the DRC, and Tanzania), supported by greenfield projects in the United States and Colombia.

## Identity

- **Ticker**: AU
- **Sector**: Basic Materials
- **Employees**: 41 416
- **Website**: https://www.anglogoldashanti.com
- **Market cap**: $47.6B
- **Last price**: $94.16
- **Financial profile**: Strong

## Vitals (FY2025)

- **Revenue**: $9.89B
- **Net income**: $2.64B
- **Free cash flow**: $4.47B
- **Net cash**: $991M
- **P/E**: 12.5
- **Revenue growth (YoY)**: 70.8%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 82 |
| Growth | 87 |
| Profitability | 100 |
| Health | 100 |
| Quality | 84 |
| Moat | 44 |

## Qualifications (beginner checklist) — 9 of 11 passed

- [x] Revenue growing — +70.8% YoY
- [x] Profitable — $2.64B FY2025
- [x] Profit growing — +110.7% YoY
- [x] Generates cash — $4.47B FY2025
- [x] Debt under control — more cash than debt
- [x] Established company — $47.6B market cap
- [ ] Not printing shares — +21.9% shares over ~5y
- [ ] Proven track record — 4/5 profitable years
- [x] Financially stable — Altman Z 7.8 — safe
- [x] Pays a dividend — yield 6.49%
- [x] Valuation not extreme — P/E 12.5

## Experience (career milestones)

- **FY2025** — Best year on record: $2.64B net income
- **FY2024** — Became debt-free: cash now exceeds total debt
- **2023** — Based on 2023 production, AngloGold was the world’s 7th largest gold miner, owning 21 mining operations across four…
- **FY2021** — First recorded profitable year: $614M net income
- **FY2021** — Revenue already above $1B: $4.03B in first reported year
- **2004** — With a diverse portfolio of cooperation, projects, and exploration activities, AngloGold Ashanti was formed in 2004…
- **2003** — This came almost a year after the merger was announced on 16 May 2003

## Strengths

- High gross margin (54.8%)
- Strongly profitable — 26.6% net margin
- Revenue growing 70.8% year over year
- Strong cash conversion — FCF is 45.2% of revenue
- Net cash position after subtracting debt from cash

## Watch-outs

- Loss-making in 1 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $4.03B | $614M | $257M |
| FY2022 | $4.50B | $233M | -$71.0M |
| FY2023 | $4.58B | -$235M | $879M |
| FY2024 | $5.79B | $1.00B | $3.33B |
| FY2025 | $9.89B | $2.64B | $4.47B |

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Source: https://stockcv.com/AU — derived from company filings; may be delayed or incomplete. Information, not investment advice.
