Anglogold Ashanti Plc Stock Piotroski F Score

AU Stock  USD 25.87  0.67  2.66%   
This module uses fundamental data of AngloGold Ashanti to approximate its Piotroski F score. AngloGold Ashanti F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of AngloGold Ashanti plc. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about AngloGold Ashanti financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out AngloGold Ashanti Altman Z Score, AngloGold Ashanti Correlation, AngloGold Ashanti Valuation, as well as analyze AngloGold Ashanti Alpha and Beta and AngloGold Ashanti Hype Analysis.
  
At this time, AngloGold Ashanti's Net Debt is comparatively stable compared to the past year. Short and Long Term Debt is likely to gain to about 394 M in 2024, whereas Long Term Debt is likely to drop slightly above 2 B in 2024. At this time, AngloGold Ashanti's Research And Ddevelopement To Revenue is comparatively stable compared to the past year. Capex To Revenue is likely to gain to 0.24 in 2024, whereas Operating Cash Flow Per Share is likely to drop 1.55 in 2024.
At this time, it appears that AngloGold Ashanti's Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Unavailable
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

AngloGold Ashanti Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to AngloGold Ashanti is to make sure AngloGold is not a subject of accounting manipulations and runs a healthy internal audit department. So, if AngloGold Ashanti's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if AngloGold Ashanti's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.560.5605
Slightly Down
Slightly volatile
Gross Profit Margin0.320.2241
Significantly Up
Very volatile
Net Debt1.5 B1.5 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.1 B1.2 B
Significantly Down
Pretty Stable
Non Current Liabilities Total3.3 B3.2 B
Fairly Up
Very volatile
Total Assets8.1 B8.2 B
Slightly Down
Very volatile
Total Current Assets1.8 B2.2 B
Significantly Down
Pretty Stable
Total Cash From Operating Activities739.7 M971 M
Way Down
Very volatile

AngloGold Ashanti plc F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between AngloGold Ashanti's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards AngloGold Ashanti in a much-optimized way.

About AngloGold Ashanti Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Pretax Profit Margin

0.0131

At this time, AngloGold Ashanti's Pretax Profit Margin is comparatively stable compared to the past year.

AngloGold Ashanti Current Valuation Drivers

We derive many important indicators used in calculating different scores of AngloGold Ashanti from analyzing AngloGold Ashanti's financial statements. These drivers represent accounts that assess AngloGold Ashanti's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of AngloGold Ashanti's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap9.3B9.5B8.8B8.2B7.7B6.6B
Enterprise Value11.0B10.2B9.7B9.2B9.1B7.7B

AngloGold Ashanti ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, AngloGold Ashanti's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to AngloGold Ashanti's managers, analysts, and investors.
Environmental
Governance
Social

About AngloGold Ashanti Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AngloGold Ashanti plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AngloGold Ashanti using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AngloGold Ashanti plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for AngloGold Stock Analysis

When running AngloGold Ashanti's price analysis, check to measure AngloGold Ashanti's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AngloGold Ashanti is operating at the current time. Most of AngloGold Ashanti's value examination focuses on studying past and present price action to predict the probability of AngloGold Ashanti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AngloGold Ashanti's price. Additionally, you may evaluate how the addition of AngloGold Ashanti to your portfolios can decrease your overall portfolio volatility.