As China rebalances away from infrastructure and construction-led growth, Anglo American is likely better positioned than most diversified peers. The company has greater exposure to consumption-oriented commodities like platinum and diamonds, which should enjoy better demand growth than investment-oriented commodities like iron ore and copper that prospered most in the past decade.
Large platinum and diamond businesses give Anglo the kind of exposure to late-stage commodities that major mining peers don't possess.
Labor unrest and periodic calls for mining industry nationalization represent a source of concern for Anglo's South African assets.
|
Metric
|
NGLOY
|
TECK.B
|
VALE
|
|---|---|---|---|
Price/Earnings (Normalized) | 6.50 | 10.89 | 6.74 |
Price/Book Value | 1.15 | 1.01 | 1.66 |
Price/Sales | 0.85 | 2.17 | 1.60 |
Price/Cash Flow | 3.36 | 7.25 | 5.36 |
|
Metric
|
NGLOY
|
TECK.B
|
VALE
|
|---|---|---|---|
Quick Ratio | 1.44 | 0.57 | 0.64 |
Current Ratio | 2.28 | 1.20 | 1.08 |
Interest Coverage | 8.66 | — | 11.59 |
|
Metric
|
NGLOY
|
TECK.B
|
VALE
|
|---|---|---|---|
Return on Assets (Normalized) | 6.01% | 4.79% | 14.43% |
Return on Equity (Normalized) | 14.64% | 9.70% | 34.31% |
Return on Invested Capital (Normalized) | 8.63% | 6.62% | 24.59% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|
BHPLF
| BHP Group Ltd | Dmdxbvs | $159.4 Bil | |
BHP
| BHP Group Ltd ADR | Ndr | $159.4 Bil | |
RTNTF
| Rio Tinto Ltd | Zmd | $137.9 Bil | |
RIO
| Rio Tinto PLC ADR | Zlzs | $114.0 Bil | |
VALE
| Vale SA ADR | Hlzfx | $63.8 Bil | |
TECK
| Teck Resources Ltd Class B (Sub Voting) | Tfb | $20.1 Bil | |
LAC
| Lithium Americas Corp | Gmgs | $1.1 Bil | |
CMP
| Compass Minerals International Inc | Lnmr | $1.0 Bil | |
LAAC
| Lithium Americas (Argentina) Corp | Khkrth | $919.3 Mil |
