Is Anglogold Ashanti Plc overvalued or undervalued?

As of 17 October 2025, the valuation grade for Anglogold Ashanti Plc moved from fair to attractive, indicating a positive shift in its perceived value. The company appears undervalued based on its current metrics, with a P/E ratio of 23, a PEG ratio of 0.10, and an EV to EBITDA ratio of 9.85, all suggesting that the stock may be trading below its intrinsic value compared to its earnings growth potential.
In comparison to peers, Anglogold Ashanti Plc has a lower P/E ratio than the industry average of approximately 30.56, while its EV to EBITDA ratio of 9.85 is more favorable than the peer average of 13.09. This reinforces the notion that the stock is undervalued relative to its competitors. Additionally, the company has significantly outperformed the S&P 500 over multiple periods, with a year-to-date return of 220.02% compared to the S&P 500's 13.30%, further supporting the attractiveness of this investment.