Financials Anglo American plc Botswana S.E.

Equities

ANGLO

GB00B1XZS820

Diversified Mining

End-of-day quote Botswana S.E. 23:00:00 23/06/2024 BST 5-day change 1st Jan Change
469.1 BWP 0.00% Intraday chart for Anglo American plc 0.00% +19.67%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 35,542 40,913 49,670 47,528 30,426 38,737 - -
Enterprise Value (EV) 1 40,168 46,488 53,586 54,446 41,041 50,769 51,381 51,018
P/E ratio 10.3 x 19.6 x 5.89 x 10.6 x 109 x 14.8 x 13 x 11.4 x
Yield 3.78% 3.02% 10.3% 5.06% 3.83% 2.68% 3.13% 3.48%
Capitalization / Revenue 1.19 x 1.32 x 1.2 x 1.35 x 0.99 x 1.35 x 1.32 x 1.26 x
EV / Revenue 1.34 x 1.5 x 1.29 x 1.55 x 1.34 x 1.77 x 1.75 x 1.66 x
EV / EBITDA 4.01 x 4.74 x 2.6 x 3.76 x 4.12 x 5.16 x 5.01 x 4.68 x
EV / FCF 10.5 x 18.6 x 4.88 x 15.2 x 66.2 x 33.1 x 21.3 x 15.4 x
FCF Yield 9.52% 5.36% 20.5% 6.56% 1.51% 3.02% 4.69% 6.51%
Price to Book 1.44 x 1.59 x 1.81 x 1.74 x 1.22 x 1.46 x 1.37 x 1.29 x
Nbr of stocks (in thousands) 1,233,491 1,234,075 1,217,289 1,214,144 1,212,956 1,212,956 - -
Reference price 2 28.81 33.15 40.80 39.15 25.08 31.94 31.94 31.94
Announcement Date 20/02/20 25/02/21 24/02/22 23/02/23 22/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 29,870 30,902 41,554 35,118 30,652 28,694 29,406 30,705
EBITDA 1 10,006 9,802 20,634 14,495 9,958 9,844 10,264 10,899
EBIT 1 7,010 7,050 17,790 11,963 7,168 6,663 7,004 7,403
Operating Margin 23.47% 22.81% 42.81% 34.07% 23.39% 23.22% 23.82% 24.11%
Earnings before Tax (EBT) 1 6,146 5,464 17,629 9,480 3,595 6,081 6,305 6,893
Net income 1 3,547 2,089 8,562 4,514 283 2,580 2,932 3,352
Net margin 11.87% 6.76% 20.6% 12.85% 0.92% 8.99% 9.97% 10.92%
EPS 2 2.810 1.690 6.930 3.680 0.2300 2.158 2.451 2.791
Free Cash Flow 1 3,824 2,493 10,991 3,574 620 1,532 2,411 3,323
FCF margin 12.8% 8.07% 26.45% 10.18% 2.02% 5.34% 8.2% 10.82%
FCF Conversion (EBITDA) 38.22% 25.43% 53.27% 24.66% 6.23% 15.57% 23.49% 30.49%
FCF Conversion (Net income) 107.81% 119.34% 128.37% 79.18% 219.08% 59.39% 82.23% 99.14%
Dividend per Share 2 1.090 1.000 4.190 1.980 0.9600 0.8547 0.9999 1.112
Announcement Date 20/02/20 25/02/21 24/02/22 23/02/23 22/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 15,098 12,474 21,779 19,775 18,111 17,007 15,674 14,978 14,207 14,598 14,763 14,726
EBITDA 1 4,555 3,350 12,140 11,338 8,701 5,794 5,114 4,844 3,888 - - -
EBIT 1 - 2,084 10,678 7,112 7,475 4,488 3,849 3,319 3,091 3,803 3,867 3,852
Operating Margin - 16.71% 49.03% 35.96% 41.27% 26.39% 24.56% 22.16% 21.76% 26.05% 26.2% 26.16%
Earnings before Tax (EBT) 2,761 1,555 10,698 6,931 6,807 2,673 3,034 561 - - - -
Net income 1,664 471 5,188 3,374 3,680 834 1,262 -979 - - - -
Net margin 11.02% 3.78% 23.82% 17.06% 20.32% 4.9% 8.05% -6.54% - - - -
EPS 2 1.350 0.3800 4.180 - 3.000 - 1.030 -0.8000 0.7600 1.110 1.070 0.8900
Dividend per Share 0.4700 0.2800 2.510 1.680 1.240 0.7400 0.5500 0.4100 - - - -
Announcement Date 20/02/20 30/07/20 29/07/21 24/02/22 28/07/22 23/02/23 27/07/23 22/02/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,626 5,575 3,916 6,918 10,615 12,031 12,644 12,281
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.4623 x 0.5688 x 0.1898 x 0.4773 x 1.066 x 1.222 x 1.232 x 1.127 x
Free Cash Flow 1 3,824 2,493 10,991 3,574 620 1,532 2,411 3,323
ROE (net income / shareholders' equity) 14.7% 8.25% 31.9% 16.4% 11.2% 10.3% 11.5% 11.7%
ROA (Net income/ Total Assets) 6.55% 3.52% 13.3% 6.77% 4.38% 3.81% 4.34% 4.36%
Assets 1 54,174 59,347 64,259 66,696 6,465 67,667 67,519 76,842
Book Value Per Share 2 20.00 20.80 22.50 22.50 20.50 21.90 23.20 24.80
Cash Flow per Share 2 5.970 5.280 13.40 7.960 5.320 6.330 6.760 6.890
Capex 1 3,840 4,125 5,732 6,191 5,876 5,772 5,306 4,759
Capex / Sales 12.86% 13.35% 13.79% 17.63% 19.17% 20.12% 18.04% 15.5%
Announcement Date 20/02/20 25/02/21 24/02/22 23/02/23 22/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
31.94 USD
Average target price
34.58 USD
Spread / Average Target
+8.27%
Consensus
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