AEM vs AGI vs AU Stock Comparison

Agnico Eagle Mines, Alamos Gold and AngloGold Ashanti Prices as of Oct 23, 2026 Peers: Industry group
AEM Agnico Eagle Mines Ltd
$173.89 -11.1% 1M +5.6% 1Y
Market cap
$88.25B
P/E
15.0x
Revenue (TTM)
$14.53B
Div. yield
–
Gold Basic Materials
3 wins
AGI Alamos Gold Inc
$29.95 -13.2% 1M -6.0% 1Y
Market cap
$12.69B
P/E
10.8x
Revenue (TTM)
$2.23B
Div. yield
–
Gold Basic Materials
2 wins
AU AngloGold Ashanti PLC
$83.57 -15.4% 1M +21.8% 1Y
Market cap
$43.27B
P/E
11.4x
Revenue (TTM)
$11.83B
Div. yield
–
Gold Basic Materials
6 wins

Head to Head

11 decided of 12

AngloGold Ashanti leads on 6 of the 12 questions below (AngloGold Ashanti 6, Agnico Eagle Mines 3, Alamos Gold 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAEMAGIAULeader
Larger companyMarket capitalisation $88.25B $12.69B $43.27B AEM
Cheaper on earningsLower P/E, profitable companies only 15.0x 10.8x 11.4x AGI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.9x 13.0x 9.6x AU
Faster revenue growthRevenue growth, trailing twelve months +50.3% +47.8% +54.6% AU
More profitableNet margin, trailing twelve months 40.4% 52.6% 32.2% AGI
Better return on capitalReturn on invested capital 23.3% 30.3% 40.5% AU
Less leveragedLower net debt / EBITDA -0.3x -0.3x — AEM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +5.6% -6.0% +21.8% AU
Better 5-year returnAnnualised price return, 5 years +25.0%/yr +30.2%/yr +33.8%/yr AU
Less volatileAnnualised volatility, 1 year 48.3% 54.8% 60.4% AEM
Higher overall scoreMean of the five percentile scores vs peers 78/100 72/100 81/100 AU

Percentile Scorecard

AEMAGIAU

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAEMAGIAU
Valuation 66 #56 of 162 60 #65 of 162 76 #40 of 162
Growth 75 #38 of 147 78 #33 of 147 88 #18 of 147
Profitability 95 #7 of 122 89 #14 of 122 97 #5 of 122
Financial Health 77 #39 of 166 69 #52 of 166 49 #85 of 166
Shareholder Returns 79 #23 of 107 62 #41 of 107 97 #4 of 107
Overall 78 72 81
  • AEM ranked among 176 companies in Metals and Mining
  • AGI ranked among 176 companies in Metals and Mining
  • AU ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAEMAGIAUSPY
1 month -11.1%-13.2%-15.4% -1.0%
3 months +19.8%+1.2%+4.9% +2.9%
6 months -13.2%-33.7%-15.8% +6.4%
Year to date +2.6%-22.4%-2.0% +11.4%
1 year +5.6%-6.0%+21.8% +13.1%
3 years +251.7%+131.8%+347.1% +79.4%
3 years, per year +52.1%+32.4%+64.8% +21.5%
5 years +204.4%+274.4%+328.1% +67.7%
5 years, per year +25.0%+30.2%+33.8% +10.9%
10 years +254.5%+244.3%+502.1% +255.2%
10 years, per year +13.5%+13.2%+19.7% +13.5%

Risk

MeasureAEMAGIAUSPY
Volatility, 1Y 48.3%54.8%60.4% 12.7%
Downside volatility, 1Y 51.1%59.3%62.1% 12.7%
Beta vs S&P 500, 1Y 1.671.852.13 1.00
Return / volatility, 1Y 0.12-0.110.36 1.03
Max drawdown, 5Y -45.9%-49.7%-52.8% -25.4%
From 52-week high -31.0%-45.9%-34.8% -2.5%
52-week high $252.19$55.33$128.26 $779.14
52-week low $136.36$27.82$63.61 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAEMAGIAU
P/E now vs peer median 14.9xmedian 12.7x 10.7xmedian 12.7x 11.2xmedian 12.7x
P/S now vs peer median 6.0xmedian 3.1x 5.6xmedian 3.1x 3.6xmedian 3.1x
EV/EBITDA now vs peer median 7.4xmedian 6.9x 7.2xmedian 6.9x —median 6.9x
P/FCF now vs peer median 16.0xmedian 15.1x -109.3xmedian 15.1x 6.7xmedian 15.1x
P/B now vs peer median 3.0xmedian 2.1x 2.6xmedian 2.1x 4.7xmedian 2.1x
PEG now vs peer median 0.52median 0.27 0.12median 0.27 —median 0.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAEMAGIAU
Revenue $14.53B $2.23B $11.83B
Gross profit $9.99B – $6.48B
Operating income $9.64B $1.49B $4.91B
Net income $5.87B $1.17B $4.48B
Free cash flow $5.43B -$115.10M $6.34B
R&D $226.87M $27.80M $259.00M
EPS (diluted) $11.67 $2.78 $7.48
Cash & equivalents $3.46B $636.90M $2.78B
Total debt $785.64M $900.00M $1.57B
Shares (diluted) 503.43M 422.66M 509.09M
Enterprise value $77.88B $10.12B $31.16B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAEMAGIAU
P/E 14.9x 10.7x 11.2x
P/FCF 16.0x -109.3x 6.7x
P/Operating cash flow 11.7x – 6.8x
P/S 6.0x 5.6x 3.6x
P/B 3.0x 2.6x 4.7x
P/Tangible book 3.0x 2.6x 4.7x
EV/EBITDA 7.4x 7.2x –
EV/EBIT 8.7x 8.1x 8.3x
EV/Revenue 5.8x 5.4x 3.5x
EV/FCF 15.4x -105.1x 6.4x
EV/Operating cash flow 11.3x – 6.6x
PEG (3Y EPS CAGR) 0.52 0.12 –

Growth

14 metrics
MetricAEMAGIAU
Revenue growth (1Y) 50.3% 47.8% 54.6%
Revenue CAGR (3Y) 33.8% 32.5% –
Gross profit growth (1Y) 72.8% – 97.4%
Gross profit CAGR (3Y) 44.0% – –
Operating income growth (1Y) 49.1% 128.1% 165.2%
Operating income CAGR (3Y) 42.3% 80.0% –
Net income growth (1Y) 98.5% 238.3% 115.8%
Net income CAGR (3Y) 34.7% 92.1% –
EPS growth (1Y) 97.4% 228.6% 78.5%
EPS CAGR (3Y) 28.7% 90.4% –
Operating cash flow growth (1Y) 45.3% – 103.4%
Operating cash flow CAGR (3Y) 47.2% – –
Free cash flow growth (1Y) 55.8% -144.0% 108.6%
Free cash flow CAGR (3Y) 11.0% -30.7% –

Profitability

14 metrics
MetricAEMAGIAU
Gross margin 68.8% – 54.8%
EBITDA margin 78.0% 75.7% –
Operating margin 66.3% 66.8% 41.5%
Pretax margin 60.4% 75.9% 51.7%
Net margin 40.4% 52.6% 32.2%
FCF margin 37.4% -5.2% 53.6%
Operating cash flow margin 51.1% – 52.3%
Return on equity 21.4% 24.9% 46.3%
Return on assets 16.1% 17.7% 28.7%
Return on invested capital 23.3% 30.3% 40.5%
Return on capital employed 27.9% 24.5% 35.2%
Asset turnover 0.4x 0.3x 0.8x
Cash conversion (OCF / net income) 1.3x – 1.4x
Stock comp / revenue 0.7% 2.1% –

Financial Health

11 metrics
MetricAEMAGIAU
Debt / assets 0.5% 3.0% 10.1%
Debt / equity 0.0x 0.0x 0.2x
Net debt / EBITDA -0.3x -0.3x –
Debt / FCF 0.0x -1.7x 0.2x
Liabilities / assets 24.3% 28.4% 42.4%
Equity / assets 75.7% 71.6% 57.6%
Interest coverage 131.9x 316.7x –
Current ratio 2.9x 2.1x 2.7x
Quick ratio 1.8x 1.3x 2.1x
Cash ratio 1.8x 1.2x 1.8x
Altman Z-score 7.32 5.25 –

Shareholder Returns

7 metrics
MetricAEMAGIAU
Dividend yield 1.0% 0.5% 5.4%
Net buyback yield 0.3% 0.0% –
Shareholder yield 1.3% 0.5% 5.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAEMAGIAU
Forward P/E 15.9xFY2026 13.0xFY2026 9.6xFY2026
EPS, next fiscal year $10.91FY2026 $2.31FY2026 $8.67FY2026
EPS growth, next FY +32.7%FY2026 +65.0%FY2026 +61.5%FY2026
EPS growth, the year after +3.8% +20.3% +11.0%
Revenue, next fiscal year $14.34BFY2026 $2.53BFY2026 $11.91BFY2026
Revenue growth, next FY +21.4%FY2026 +39.8%FY2026 +22.5%FY2026
Revenue growth, the year after +3.0% +27.3% +4.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAEMAGIAU
Held by institutions 62.5% 56.4% 45.9%
Institutions holding 1,053 472 563
Change in shares held, QoQ -0.6% -1.1% +3.0%
Institutions buying 467 240 323
Institutions selling 396 151 166
Buyers to sellers 1.18 1.59 1.95

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AEMAGIAU
AEM 1.00 0.86 0.87
AGI 0.86 1.00 0.83
AU 0.87 0.83 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AEM, AGI and AU?

Agnico Eagle Mines (AEM) is the largest by market capitalisation: Agnico Eagle Mines (AEM) $88.25B, Alamos Gold (AGI) $12.69B, AngloGold Ashanti (AU) $43.27B.

Which stock is cheaper, AEM, AGI and AU?

Alamos Gold (AGI) trades on the lowest price-to-earnings ratio (Agnico Eagle Mines (AEM) 15.0x, Alamos Gold (AGI) 10.8x, AngloGold Ashanti (AU) 11.4x). On next year's consensus earnings, AngloGold Ashanti (AU) is cheapest (Agnico Eagle Mines (AEM) 15.9x, Alamos Gold (AGI) 13.0x, AngloGold Ashanti (AU) 9.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

AngloGold Ashanti (AU) grew revenue fastest over the trailing twelve months: Agnico Eagle Mines (AEM) +50.3%, Alamos Gold (AGI) +47.8%, AngloGold Ashanti (AU) +54.6%.

Which company is more profitable?

Alamos Gold (AGI) has the highest net margin (Agnico Eagle Mines (AEM) 40.4%, Alamos Gold (AGI) 52.6%, AngloGold Ashanti (AU) 32.2%). On return on invested capital, AngloGold Ashanti (AU) leads (Agnico Eagle Mines (AEM) 23.3%, Alamos Gold (AGI) 30.3%, AngloGold Ashanti (AU) 40.5%).

Which stock has performed better?

Over the past year AngloGold Ashanti (AU) returned the most: Agnico Eagle Mines (AEM) +5.6%, Alamos Gold (AGI) -6.0%, AngloGold Ashanti (AU) +21.8%. Over five years, AngloGold Ashanti (AU) compounded fastest (Agnico Eagle Mines (AEM) +25.0%/yr, Alamos Gold (AGI) +30.2%/yr, AngloGold Ashanti (AU) +33.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Agnico Eagle Mines (AEM) has been the steadiest (Agnico Eagle Mines (AEM) 48.3%, Alamos Gold (AGI) 54.8%, AngloGold Ashanti (AU) 60.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AEM, AGI and AU?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, AngloGold Ashanti (AU) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.