Is Anglogold Ashanti Plc overvalued or undervalued?

As of 17 October 2025, the valuation grade for Anglogold Ashanti Plc has moved from fair to attractive, indicating a positive shift in its investment appeal. The company appears undervalued, particularly when considering its P/E ratio of 23, which is lower than the peer average of 30.56, and a PEG ratio of 0.10, suggesting strong growth potential relative to its price. Additionally, the EV to EBITDA ratio stands at 9.85, which is competitive within its industry.
In comparison to peers, Anglogold Ashanti Plc's valuation metrics reflect a favorable position; for instance, its EV to EBITDA is lower than the peer average of 13.09. The company's return performance has also been impressive, with a year-to-date return of 220.02% compared to the S&P 500's 13.30%, highlighting its strong market performance. Overall, these factors support the conclusion that Anglogold Ashanti Plc is undervalued in the current market context.