AU vs AEM vs IAG Stock Comparison

AngloGold Ashanti, Agnico Eagle Mines and Iamgold Prices as of Oct 26, 2026 Peers: Industry group
AU AngloGold Ashanti PLC
$85.03 -14.1% 1M +24.0% 1Y
Market cap
$43.90B
P/E
11.5x
Revenue (TTM)
$11.83B
Div. yield
–
Gold Basic Materials
AEM Agnico Eagle Mines Ltd
$175.68 -9.6% 1M +7.5% 1Y
Market cap
$89.97B
P/E
15.3x
Revenue (TTM)
$14.53B
Div. yield
–
Gold Basic Materials
4 wins
IAG Iamgold Corp
$16.35 -17.0% 1M +37.6% 1Y
Market cap
$9.71B
P/E
6.7x
Revenue (TTM)
$3.68B
Div. yield
–
Gold Basic Materials
7 wins

Head to Head

11 decided of 12

Iamgold leads on 7 of the 12 questions below (Iamgold 7, Agnico Eagle Mines 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAUAEMIAGLeader
Larger companyMarket capitalisation $43.90B $89.97B $9.71B AEM
Cheaper on earningsLower P/E, profitable companies only 11.5x 15.3x 6.7x IAG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.0x 16.1x 8.8x IAG
Faster revenue growthRevenue growth, trailing twelve months +54.6% +50.3% +87.2% IAG
More profitableNet margin, trailing twelve months 32.2% 40.4% 39.4% AEM
Better return on capitalReturn on invested capital 40.5% 23.3% 52.3% IAG
Less leveragedLower net debt / EBITDA — -0.3x 0.0x AEM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +24.0% +7.5% +37.6% IAG
Better 5-year returnAnnualised price return, 5 years +34.5%/yr +25.4%/yr +40.5%/yr IAG
Less volatileAnnualised volatility, 1 year 60.2% 48.1% 63.5% AEM
Higher overall scoreMean of the five percentile scores vs peers 81/100 78/100 88/100 IAG

Percentile Scorecard

AUAEMIAG

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

AxisAUAEMIAG
Valuation 74 #43 of 162 65 #58 of 162 95 #9 of 162
Growth 88 #18 of 147 75 #38 of 147 97 #6 of 147
Profitability 97 #5 of 122 95 #7 of 122 100 #1 of 122
Financial Health 50 #83 of 165 76 #40 of 165 62 #64 of 165
Shareholder Returns 97 #4 of 107 79 #23 of 107 –
Overall 81 78 88
  • AU ranked among 176 companies in Metals and Mining
  • AEM ranked among 176 companies in Metals and Mining
  • IAG 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

PeriodAUAEMIAGSPY
1 month -14.1%-9.6%-17.0% -0.8%
3 months +5.7%+20.4%+11.1% +3.5%
6 months -13.4%-11.3%-4.5% +7.0%
Year to date -0.3%+3.6%-0.8% +12.2%
1 year +24.0%+7.5%+37.6% +13.0%
3 years +343.3%+260.1%+533.7% +86.3%
3 years, per year +64.3%+53.3%+85.1% +23.1%
5 years +340.1%+209.7%+446.8% +68.6%
5 years, per year +34.5%+25.4%+40.5% +11.0%
10 years +529.4%+263.0%+302.7% +258.0%
10 years, per year +20.2%+13.8%+14.9% +13.6%

Risk

MeasureAUAEMIAGSPY
Volatility, 1Y 60.2%48.1%63.5% 12.7%
Downside volatility, 1Y 62.2%50.9%64.5% 12.7%
Beta vs S&P 500, 1Y 2.201.732.27 1.00
Return / volatility, 1Y 0.400.160.59 1.02
Max drawdown, 5Y -52.8%-45.9%-73.6% -25.4%
From 52-week high -33.7%-30.3%-33.5% -1.8%
52-week high $128.26$252.19$24.57 $779.14
52-week low $63.61$136.36$10.96 $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.

MultipleAUAEMIAG
P/E now vs peer median 11.4xmedian 12.8x 15.0xmedian 12.8x 6.5xmedian 12.8x
P/S now vs peer median 3.6xmedian 3.1x 6.0xmedian 3.1x 2.6xmedian 3.1x
EV/EBITDA now vs peer median —median 7.0x 7.5xmedian 7.0x 3.2xmedian 7.0x
P/FCF now vs peer median 6.8xmedian 15.2x 16.2xmedian 15.2x 4.4xmedian 15.2x
P/B now vs peer median 4.8xmedian 2.1x 3.1xmedian 2.1x 2.2xmedian 2.1x
PEG now vs peer median —median 0.29 0.52median 0.29 0.06median 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 monthsAUAEMIAG
Revenue $11.83B $14.53B $3.68B
Gross profit $6.48B $9.99B $1.85B
Operating income $4.91B $9.64B $2.54B
Net income $4.48B $5.87B $1.27B
Free cash flow $6.34B $5.43B $2.19B
R&D $259.00M $226.87M $30.20M
EPS (diluted) $7.48 $11.67 $2.49
Cash & equivalents $2.78B $3.46B $501.40M
Total debt $1.57B $785.64M $2.62B
Shares (diluted) 509.09M 503.43M 581.70M
Enterprise value $31.79B $79.60B $7.92B

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
MetricAUAEMIAG
P/E 11.4x 15.0x 6.5x
P/FCF 6.8x 16.2x 4.4x
P/Operating cash flow 6.9x 11.8x 4.8x
P/S 3.6x 6.0x 2.6x
P/B 4.8x 3.1x 2.2x
P/Tangible book 4.8x 3.1x 2.2x
EV/EBITDA – 7.5x 3.2x
EV/EBIT 8.5x 8.8x 3.8x
EV/Revenue 3.5x 5.8x 2.6x
EV/FCF 6.6x 15.6x 4.4x
EV/Operating cash flow 6.7x 11.4x 4.8x
PEG (3Y EPS CAGR) – 0.52 0.06

Growth

14 metrics
MetricAUAEMIAG
Revenue growth (1Y) 54.6% 50.3% 87.2%
Revenue CAGR (3Y) – 33.8% 58.4%
Gross profit growth (1Y) 97.4% 72.8% 192.3%
Gross profit CAGR (3Y) – 44.0% 154.4%
Operating income growth (1Y) 165.2% 49.1% 57.6%
Operating income CAGR (3Y) – 42.3% 826.2%
Net income growth (1Y) 115.8% 98.5% 34.0%
Net income CAGR (3Y) – 34.7% 112.4%
EPS growth (1Y) 78.5% 97.4% 234.8%
EPS CAGR (3Y) – 28.7% 111.5%
Operating cash flow growth (1Y) 103.4% 45.3% 328.3%
Operating cash flow CAGR (3Y) – 47.2% 67.2%
Free cash flow growth (1Y) 108.6% 55.8% 144.4%
Free cash flow CAGR (3Y) – 11.0% 122.0%

Profitability

14 metrics
MetricAUAEMIAG
Gross margin 54.8% 68.8% 50.3%
EBITDA margin – 78.0% 82.1%
Operating margin 41.5% 66.3% 69.1%
Pretax margin 51.7% 60.4% 49.1%
Net margin 32.2% 40.4% 39.4%
FCF margin 53.6% 37.4% 59.5%
Operating cash flow margin 52.3% 51.1% 54.3%
Return on equity 46.3% 21.4% 29.2%
Return on assets 28.7% 16.1% 21.3%
Return on invested capital 40.5% 23.3% 52.3%
Return on capital employed 35.2% 27.9% 46.9%
Asset turnover 0.8x 0.4x 0.6x
Cash conversion (OCF / net income) 1.4x 1.3x 1.6x
Stock comp / revenue – 0.7% –

Financial Health

11 metrics
MetricAUAEMIAG
Debt / assets 10.1% 0.5% 7.5%
Debt / equity 0.2x 0.0x 0.1x
Net debt / EBITDA – -0.3x 0.0x
Debt / FCF 0.2x 0.0x 0.2x
Liabilities / assets 42.4% 24.3% 26.1%
Equity / assets 57.6% 75.7% 73.9%
Interest coverage – 131.9x 137.4x
Current ratio 2.7x 2.9x 1.7x
Quick ratio 2.1x 1.8x 1.0x
Cash ratio 1.8x 1.8x 0.9x
Altman Z-score – 7.38 6.19

Shareholder Returns

7 metrics
MetricAUAEMIAG
Dividend yield 5.3% 1.0% –
Net buyback yield – 0.3% –
Shareholder yield 5.3% 1.3% 0.0%
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.

ConsensusAUAEMIAG
Forward P/E 10.0xFY2026 16.1xFY2026 8.8xFY2026
EPS, next fiscal year $8.52FY2026 $10.92FY2026 $1.85FY2026
EPS growth, next FY +58.7%FY2026 +32.8%FY2026 +51.6%FY2026
EPS growth, the year after +9.9% +3.2% +11.4%
Revenue, next fiscal year $11.81BFY2026 $14.44BFY2026 $3.73BFY2026
Revenue growth, next FY +21.4%FY2026 +22.2%FY2026 +31.3%FY2026
Revenue growth, the year after +4.0% +2.6% +5.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAUAEMIAG
Held by institutions 45.9% 62.5% 65.8%
Institutions holding 563 1,053 319
Change in shares held, QoQ +3.0% -0.6% +1.5%
Institutions buying 323 467 170
Institutions selling 166 396 101
Buyers to sellers 1.95 1.18 1.68

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.

AUAEMIAG
AU 1.00 0.87 0.86
AEM 0.87 1.00 0.89
IAG 0.86 0.89 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AU, AEM and IAG?

Agnico Eagle Mines (AEM) is the largest by market capitalisation: AngloGold Ashanti (AU) $43.90B, Agnico Eagle Mines (AEM) $89.97B, Iamgold (IAG) $9.71B.

Which stock is cheaper, AU, AEM and IAG?

Iamgold (IAG) trades on the lowest price-to-earnings ratio (AngloGold Ashanti (AU) 11.5x, Agnico Eagle Mines (AEM) 15.3x, Iamgold (IAG) 6.7x). On next year's consensus earnings, Iamgold (IAG) is cheapest (AngloGold Ashanti (AU) 10.0x, Agnico Eagle Mines (AEM) 16.1x, Iamgold (IAG) 8.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Iamgold (IAG) grew revenue fastest over the trailing twelve months: AngloGold Ashanti (AU) +54.6%, Agnico Eagle Mines (AEM) +50.3%, Iamgold (IAG) +87.2%.

Which company is more profitable?

Agnico Eagle Mines (AEM) has the highest net margin (AngloGold Ashanti (AU) 32.2%, Agnico Eagle Mines (AEM) 40.4%, Iamgold (IAG) 39.4%). On return on invested capital, Iamgold (IAG) leads (AngloGold Ashanti (AU) 40.5%, Agnico Eagle Mines (AEM) 23.3%, Iamgold (IAG) 52.3%).

Which stock has performed better?

Over the past year Iamgold (IAG) returned the most: AngloGold Ashanti (AU) +24.0%, Agnico Eagle Mines (AEM) +7.5%, Iamgold (IAG) +37.6%. Over five years, Iamgold (IAG) compounded fastest (AngloGold Ashanti (AU) +34.5%/yr, Agnico Eagle Mines (AEM) +25.4%/yr, Iamgold (IAG) +40.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Agnico Eagle Mines (AEM) has been the steadiest (AngloGold Ashanti (AU) 60.2%, Agnico Eagle Mines (AEM) 48.1%, Iamgold (IAG) 63.5%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Iamgold (IAG) leads on 7. 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.