Projected Income Statement: AngloGold Ashanti plc

Forecast Balance Sheet: AngloGold Ashanti plc

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 754 940 1,061 1,446 567 -675 -4,109 -7,496
Change - 24.67% 12.87% 36.29% -60.79% -219.05% -508.74% -82.43%
Announcement Date 22/02/21 22/02/22 22/02/23 23/02/24 19/02/25 - - -
1USD in Million
Estimates

Cash Flow Forecast: AngloGold Ashanti plc

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 701 1,027 1,028 1,042 1,090 1,499 1,697 1,592
Change - 46.5% 0.1% 1.36% 4.61% 37.55% 13.19% -6.21%
Free Cash Flow (FCF) 1 953 104 657 -71 942 2,744 4,309 5,154
Change - -89.09% 531.73% -110.81% 1,426.76% 191.3% 57.03% 19.63%
Announcement Date 22/02/21 22/02/22 22/02/23 23/02/24 19/02/25 - - -
1USD in Million
Estimates

Forecast Financial Ratios: AngloGold Ashanti plc

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) 54.82% 46.14% 40.95% 31.7% 48.42% 61.75% 70.34% 65.18%
EBIT Margin (%) 30.85% 20.75% 18.76% 16.94% 35.22% 48.69% 59.08% 56.53%
EBT Margin (%) 33.59% 24.55% 11.14% 1.41% 29.47% 47.94% 57.12% 57.13%
Net margin (%) 20.15% 15.94% 6.77% -5.25% 17.7% 28.53% 34.89% 36.4%
FCF margin (%) 20.15% 2.66% 14.97% -1.58% 16.6% 27.91% 32.42% 36.7%
FCF / Net Income (%) 100% 16.72% 221.21% 30.21% 93.82% 97.83% 92.93% 100.83%

Profitability

        
ROA 13.76% 7.83% 6.77% -0.57% 9.5% 20.43% 27.57% 25.93%
ROE 31.57% 15.89% 13.36% -1.19% 19.42% 37.09% 49.28% 39.7%

Financial Health

        
Leverage (Debt/EBITDA) 0.29x 0.52x 0.59x 1.02x 0.21x - - -
Debt / Free cash flow 0.79x 9.04x 1.61x -20.37x 0.6x - - -

Capital Intensity

        
CAPEX / Current Assets (%) 14.82% 26.31% 23.43% 23.26% 19.21% 15.25% 12.77% 11.33%
CAPEX / EBITDA (%) 27.03% 57.02% 57.21% 73.38% 39.68% 24.7% 18.15% 17.39%
CAPEX / FCF (%) 73.56% 987.5% 156.47% -1,467.61% 115.71% 54.64% 39.39% 30.88%

Items per share

        
Cash flow per share 1 3.943 3.019 4.286 2.306 4.559 9.1 12.31 12.9
Change - -23.44% 42% -46.21% 97.72% 99.6% 35.25% 4.79%
Dividend per Share 1 0.48 0.2 0.46 0.23 0.91 3.116 5.167 5.189
Change - -58.33% 130% -50% 295.65% 242.42% 65.83% 0.41%
Book Value Per Share 1 8.97 9.73 9.87 8.841 13.16 16.33 21.48 26.69
Change - 8.47% 1.44% -10.42% 48.9% 24.03% 31.53% 24.28%
EPS 1 2.27 1.48 0.71 -0.56 2.33 6.031 9.607 10.62
Change - -34.8% -52.03% -178.87% 516.07% 158.86% 59.29% 10.52%
Nbr of stocks (in thousands) 416,604 417,350 418,387 421,704 503,515 504,887 504,887 504,887
Announcement Date 22/02/21 22/02/22 22/02/23 23/02/24 19/02/25 - - -
1USD
Estimates
2025 *2026 *
P/E ratio 17.2x 10.8x
PBR 6.37x 4.84x
EV / Sales 5.27x 3.64x
Yield 3% 4.97%
More valuation ratios * Estimated data

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
103.95USD
Average target price
112.57USD
Spread / Average Target
+8.29%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. AU Stock
  4. Financials AngloGold Ashanti plc