AG vs AU Stock Comparison

First Majestic Silver and AngloGold Ashanti Prices as of Oct 26, 2026 Peers: Industry group
AU AngloGold Ashanti PLC
$85.03 -14.1% 1M +24.0% 1Y
Market cap
$43.36B
P/E
11.4x
Revenue (TTM)
$11.83B
Div. yield
–
Gold Basic Materials
9 wins

Head to Head

10 decided of 12

AngloGold Ashanti leads on 9 of the 12 questions below (AngloGold Ashanti 9, First Majestic Silver 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAGAULeader
Larger companyMarket capitalisation $7.22B $43.36B AU
Cheaper on earningsLower P/E, profitable companies only 20.8x 11.4x AU
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.6x 9.8x AU
Faster revenue growthRevenue growth, trailing twelve months +98.5% +54.6% AG
More profitableNet margin, trailing twelve months 21.2% 32.2% AU
Better return on capitalReturn on invested capital 12.0% 40.5% AU
Less leveragedLower net debt / EBITDA -1.0x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +15.7% +24.0% AU
Better 5-year returnAnnualised price return, 5 years +2.4%/yr +34.5%/yr AU
Less volatileAnnualised volatility, 1 year 73.7% 60.2% AU
Higher overall scoreMean of the five percentile scores vs peers 76/100 81/100 AU

Percentile Scorecard

AGAU

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

AxisAGAU
Valuation 75 #41 of 162 74 #43 of 162
Growth 99 #2 of 147 88 #18 of 147
Profitability 84 #20 of 122 97 #5 of 122
Financial Health 69 #52 of 165 50 #83 of 165
Shareholder Returns 50 #54 of 107 97 #4 of 107
Overall 76 81
  • AG 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

PeriodAGAUSPY
1 month -21.9%-14.1% -0.8%
3 months -8.4%+5.7% +3.5%
6 months -27.5%-13.4% +7.0%
Year to date -10.9%-0.3% +12.2%
1 year +15.7%+24.0% +13.0%
3 years +171.0%+343.3% +86.3%
3 years, per year +39.4%+64.3% +23.1%
5 years +12.5%+340.1% +68.6%
5 years, per year +2.4%+34.5% +11.0%
10 years +85.9%+529.4% +258.0%
10 years, per year +6.4%+20.2% +13.6%

Risk

MeasureAGAUSPY
Volatility, 1Y 73.7%60.2% 12.7%
Downside volatility, 1Y 74.3%62.2% 12.7%
Beta vs S&P 500, 1Y 2.812.20 1.00
Return / volatility, 1Y 0.210.40 1.02
Max drawdown, 5Y -70.5%-52.8% -25.4%
From 52-week high -53.6%-33.7% -1.8%
52-week high $32.01$128.26 $779.14
52-week low $10.67$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.

MultipleAGAU
P/E now vs peer median 20.5xmedian 12.8x 11.4xmedian 12.8x
P/S now vs peer median 4.4xmedian 3.1x 3.6xmedian 3.1x
EV/EBITDA now vs peer median 6.4xmedian 7.0x —median 7.0x
P/FCF now vs peer median 11.8xmedian 15.2x 6.8xmedian 15.2x
P/B now vs peer median 2.2xmedian 2.1x 4.8xmedian 2.1x
PEG now vs peer median 0.42median 0.29 —median 0.29

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 monthsAGAU
Revenue $1.64B $11.83B
Gross profit $827.10M $6.48B
Operating income $756.62M $4.91B
Net income $421.54M $4.48B
Free cash flow $617.41M $6.34B
R&D – $259.00M
EPS (diluted) $0.72 $7.48
Cash & equivalents $1.09B $2.78B
Total debt $1.03B $1.57B
Shares (diluted) 484.56M 509.09M
Enterprise value $3.28B $31.24B

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
MetricAGAU
P/E 20.5x 11.4x
P/FCF 11.8x 6.8x
P/Operating cash flow 8.8x 6.9x
P/S 4.4x 3.6x
P/B 2.2x 4.8x
P/Tangible book 2.2x 4.8x
EV/EBITDA 6.4x –
EV/EBIT 8.4x 8.5x
EV/Revenue 3.9x 3.5x
EV/FCF 10.3x 6.6x
EV/Operating cash flow 7.7x 6.7x
PEG (3Y EPS CAGR) 0.42 –

Growth

14 metrics
MetricAGAU
Revenue growth (1Y) 98.5% 54.6%
Revenue CAGR (3Y) 39.0% –
Gross profit growth (1Y) 335.5% 97.4%
Gross profit CAGR (3Y) 283.4% –
Operating income growth (1Y) 622.0% 165.2%
Operating income CAGR (3Y) 78.9% –
Net income growth (1Y) 517.9% 115.8%
Net income CAGR (3Y) 98.2% –
EPS growth (1Y) 294.7% 78.5%
EPS CAGR (3Y) 48.3% –
Operating cash flow growth (1Y) 207.8% 103.4%
Operating cash flow CAGR (3Y) 131.1% –
Free cash flow growth (1Y) 232.3% 108.6%
Free cash flow CAGR (3Y) 80.3% –

Profitability

14 metrics
MetricAGAU
Gross margin 50.4% 54.8%
EBITDA margin 60.3% –
Operating margin 46.1% 41.5%
Pretax margin 46.5% 51.7%
Net margin 21.2% 32.2%
FCF margin 37.6% 53.6%
Operating cash flow margin 50.3% 52.3%
Return on equity 12.2% 46.3%
Return on assets 8.4% 28.7%
Return on invested capital 12.0% 40.5%
Return on capital employed 17.5% 35.2%
Asset turnover 0.3x 0.8x
Cash conversion (OCF / net income) 2.0x 1.4x
Stock comp / revenue 0.8% –

Financial Health

11 metrics
MetricAGAU
Debt / assets 6.1% 10.1%
Debt / equity 0.1x 0.2x
Net debt / EBITDA -1.0x –
Debt / FCF 0.5x 0.2x
Liabilities / assets 31.7% 42.4%
Equity / assets 68.3% 57.6%
Interest coverage 34.3x –
Current ratio 2.6x 2.7x
Quick ratio 2.3x 2.1x
Cash ratio 2.2x 1.8x
Altman Z-score 3.75 –

Shareholder Returns

7 metrics
MetricAGAU
Dividend yield 0.4% 5.3%
Net buyback yield -1.0% –
Shareholder yield -0.6% 5.3%
Payout ratio (earnings) 0.5% –
Payout ratio (FCF) 0.4% –
Dividend growth (1Y) -20.6% –
Dividend CAGR (3Y) -32.9% –

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.

ConsensusAGAU
Forward P/E 18.6xFY2026 9.8xFY2026
EPS, next fiscal year $0.80FY2026 $8.67FY2026
EPS growth, next FY +73.9%FY2026 +61.5%FY2026
EPS growth, the year after +17.5% +11.0%
Revenue, next fiscal year $1.58BFY2026 $11.91BFY2026
Revenue growth, next FY +25.6%FY2026 +22.5%FY2026
Revenue growth, the year after +8.3% +4.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAGAU
Held by institutions 47.0% 45.9%
Institutions holding 347 563
Change in shares held, QoQ -4.4% +3.0%
Institutions buying 193 323
Institutions selling 104 166
Buyers to sellers 1.86 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.

AGAU
AG 1.00 0.76
AU 0.76 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AG and AU?

AngloGold Ashanti (AU) is the largest by market capitalisation: First Majestic Silver (AG) $7.22B, AngloGold Ashanti (AU) $43.36B.

Which stock is cheaper, AG and AU?

AngloGold Ashanti (AU) trades on the lowest price-to-earnings ratio (First Majestic Silver (AG) 20.8x, AngloGold Ashanti (AU) 11.4x). On next year's consensus earnings, AngloGold Ashanti (AU) is cheapest (First Majestic Silver (AG) 18.6x, AngloGold Ashanti (AU) 9.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

First Majestic Silver (AG) grew revenue fastest over the trailing twelve months: First Majestic Silver (AG) +98.5%, AngloGold Ashanti (AU) +54.6%.

Which company is more profitable?

AngloGold Ashanti (AU) has the highest net margin (First Majestic Silver (AG) 21.2%, AngloGold Ashanti (AU) 32.2%). On return on invested capital, AngloGold Ashanti (AU) leads (First Majestic Silver (AG) 12.0%, AngloGold Ashanti (AU) 40.5%).

Which stock has performed better?

Over the past year AngloGold Ashanti (AU) returned the most: First Majestic Silver (AG) +15.7%, AngloGold Ashanti (AU) +24.0%. Over five years, AngloGold Ashanti (AU) compounded fastest (First Majestic Silver (AG) +2.4%/yr, AngloGold Ashanti (AU) +34.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: First Majestic Silver (AG) 0.00%, AngloGold Ashanti (AU) 0.00%. AngloGold Ashanti (AU) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, AngloGold Ashanti (AU) has been the steadiest (First Majestic Silver (AG) 73.7%, AngloGold Ashanti (AU) 60.2%). Volatility measures how widely the price swings, not the risk of the business.

Do AG and AU move together?

Their daily returns over the past year have a correlation of 0.76, a strong positive relationship. Holding both adds little diversification.

Which is the better stock, AG 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 9. 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.