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 more favorable assessment of its worth. The company appears undervalued given its strong financial metrics, including a P/E ratio of 23, a PEG ratio of 0.10, and an EV to EBITDA of 9.85. In comparison, its peer, with a valuation of attractive, has a P/E of 30.56 and an EV to EBITDA of 13.09, highlighting that Anglogold Ashanti is trading at a lower valuation relative to its peers.
The company has also demonstrated impressive returns, with a year-to-date return of 220.02% compared to the S&P 500's 13.30%, suggesting that it has significantly outperformed the broader market. Overall, the combination of a favorable valuation grade and strong performance metrics supports the conclusion that Anglogold Ashanti Plc is undervalued.