Morningstar

Anglo American PLC AAL

Morningstar Rating
Unlock
Stock XLON Rating as of
GBX4,023.00 +44.00 (1.11%)
View Full Chart
As of Delayed Price Open

Company Report

View Archive

Raising Anglo American's Fair Value Estimate, but Copper Bullishness Means Shares Are Expensive

Jon Mills

In response to BHP's unsuccessful bid for the company in May 2024, Anglo American is restructuring to focus on copper, iron ore, and crop nutrients, while selling or spinning off its other businesses. This includes exiting its exposure to consumption-oriented commodities like platinum and diamonds, which will likely make it more exposed to softening commodity demand from China as it rebalances away from infrastructure and construction-led growth.

Read Analysis

Price vs Fair Value

View History
AAL is trading at a LOCK|J@f premium.
Price
GBX3,979.00
Fair Value
LOCK|xS
Uncertainty
LOCK|RR
1-Star Price
LOCK|Ct
5-Star Price
LOCK|YF
Economic Moat
LOCK|xg&
Capital Allocation
LOCK|<CyCHp

Bulls Say, Bears Say

Bulls

The company's copper mines are relatively low cost with long remaining lives and options to expand.

Bears

Labor unrest and periodic calls for mining industry nationalization represent a source of concern for Anglo's South African assets.

Show More

News

View All

Trading Information

Previous Close Price
GBX3,979.00
Day Range
GBX3,991.00–4,039.00
52-Week Range
GBX2,639.00–4,348.00
Bid/Ask
GBX4,021.00 / GBX4,022.00
Shares Outstanding
1.07B
Market Cap
GBX4.30T
Volume/Avg
85,931 / 5M

Key Statistics

Price/Earnings (Normalized)
69.78
Price/Sales
2.94
Dividend Yield (Trailing)
0.72%
Dividend Yield (Forward)
0.72%
Dividend Payment Schedule
May, Sep
Total Yield
0.98%

Company Profile

Previously one of the more diversified major miners, in May 2024 Anglo American announced that it will restructure to focus on copper, iron ore, and crop nutrients, while selling or spinning off its other businesses. It sold out of platinum group metals in September 2025, and will likely sell or demerge and spin off its majority-owned De Beers diamonds business, in most years the world's largest supplier and marketer of rough gem diamonds by value. It is again trying to sell its remaining metallurgical coal mines after Peabody pulled out of a deal to buy them. Anglo also plans to move back into the crop nutrients business via its Woodsmith polyhalite project in the UK. In September 2025, it also agreed to merge with Teck, with the deal likely to complete in late 2026 or early 2027.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Large Growth
Total Number of Employees
43,000
Website
https://www.angloamerican.com

Competitors

Valuation

View More
Metric
AAL
BHP
FMG
Price/Earnings (Normalized)
 69.7814.689.22
Price/Book Value
 3.294.371.70
Price/Sales
 2.943.672.02
Price/Cash Flow
 11.589.195.00
Price/Earnings
AAL
BHP
FMG

Financial Strength

Metric
AAL
BHP
FMG
Quick Ratio
 1.421.441.70
Current Ratio
 2.271.882.32
Interest Coverage
 2.5511.3613.01
Quick Ratio
AAL
BHP
FMG

Profitability

Metric
AAL
BHP
FMG
Return on Assets (Normalized)
 1.37%11.44%11.10%
Return on Equity (Normalized)
 4.30%27.20%17.01%
Return on Invested Capital (Normalized)
 2.68%17.58%13.71%
Return on Assets
AAL
BHP
FMG

Other Industrial Metals & Mining Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BHP Group Ltd
BHPLF
LOCK|?HM^@YxLOCK|Zd$213B
 BHP Group Ltd ADR
BHP
LOCK|$@gc>fdLOCK|!rN$213B
 Rio Tinto Ltd
RTNTF
—LOCK|cbx$184B
 Rio Tinto PLC Ordinary Shares
RTPPF
LOCK|k>n^$FLOCK|ppT$150B
 Rio Tinto PLC ADR
RIO
LOCK|Tp%^<>LOCK|ff$150B
 Grupo Mexico SAB de CV Class B
GMBXF
—LOCK|<^vyq$97B
 Grupo Mexico SAB de CV ADR
GPMXY
—LOCK|<#!@G$97B
 Glencore PLC ADR
GLNCY
LOCK|%!>Hw&LOCK|<m$85B
 Vale SA ADR
VALE
LOCK|lg!LOCK|&@?$58B
 Anglo American PLC ADR
NGLOY
LOCK|@VZKXC^LOCK|bb!$57B

Sponsor Center