Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Anglogold Ashanti's Enterprise Value is €35,751 Mil.
Anglogold Ashanti's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €4,953 Mil. Therefore, Anglogold Ashanti's EV-to-EBIT ratio for today is 7.22.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Anglogold Ashanti's Enterprise Value is €35,751 Mil.
Anglogold Ashanti's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €4,953 Mil. Therefore, Anglogold Ashanti's EV-to-EBITDA ratio for today is 7.22.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Anglogold Ashanti's Enterprise Value is €35,751 Mil.
Anglogold Ashanti's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €9,598 Mil. Therefore, Anglogold Ashanti's EV-to-Revenue ratio for today is 3.72.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Anglogold Ashanti (FRA:HT3) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Anglogold Ashanti's current Enterprise Value is €35,751 Mil.
Anglogold Ashanti's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,953 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Anglogold Ashanti's current Enterprise Value is €35,751 Mil.
Anglogold Ashanti's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,953 Mil.
Anglogold Ashanti's current Enterprise Value is €35,751 Mil.
Anglogold Ashanti's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €9,598 Mil.
Anglogold Ashanti's current Enterprise Value is €35,751 Mil.
Anglogold Ashanti's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,955 Mil.
Anglogold Ashanti's current Enterprise Value is €35,751 Mil.
Anglogold Ashanti's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,602 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Anglogold Ashanti Enterprise Value Related Terms
Anglogold Ashanti Enterprise Value Historical Data
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The historical data trend for Anglogold Ashanti's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:HT3 vs CDE, RGLD, AUGO: Enterprise Value Comparison
For the Gold subindustry, Anglogold Ashanti's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Anglogold Ashanti Enterprise Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Anglogold Ashanti's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Anglogold Ashanti's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Anglogold Ashanti's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Anglogold Ashanti (FRA:HT3) has a Enterprise Value of €35,751 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Anglogold Ashanti and its competitors.
Is Anglogold Ashanti's Enterprise Value too high?
Anglogold Ashanti's current Enterprise Value is €35,751 Mil. Overall, Anglogold Ashanti has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anglogold Ashanti's Enterprise Value compare to CDE and RGLD?
Anglogold Ashanti's Enterprise Value of €35,751 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Anglogold Ashanti and its competitors. Anglogold Ashanti's current Enterprise Value is €35,751 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anglogold Ashanti stock overvalued right now?
Based on GuruFocus' analysis, Anglogold Ashanti (FRA:HT3) is currently considered Significantly Overvalued. The stock's GF Value™ is €48.77, compared to a current price of €70.00 — trading 43.5% above its estimated fair value. The current Enterprise Value is €35,751 Mil. Anglogold Ashanti's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Anglogold Ashanti (FRA:HT3), the current Enterprise Value is €35,751 Mil as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Anglogold Ashanti (FRA:HT3) Overvalued in 2026?
Based on GuruFocus' analysis, Anglogold Ashanti stock appears to be overvalued.
The current stock price of €70.00 is trading 43.5% above its estimated GF Value™ of €48.77.
GuruFocus considers Anglogold Ashanti to be Significantly Overvalued.
Key valuation signals for FRA:HT3:
Enterprise Value: €35,751 Mil
GF Value™: €48.77 vs. price of €70.00 (43.5% above fair value)
No single metric tells the full story. See the FRA:HT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anglogold Ashanti PLC is an independent gold mining company. It has a diversified asset portfolio, including production from operations in eight countries (Argentina, Australia, Brazil, Egypt, Ghana, Guinea, the DRC, and Tanzania), supported by greenfield projects in the United States and Colombia. The company's main product is gold, which once mined, is processed into dore (unrefined gold bars) on site and then dispatched to precious metals refineries. Geographically, Anglogold generates maximum revenue from its operations in Africa (comprising operations at Kibali, Iduapriem, Obuasi, Siguiri, Geita, and Sukari mines), followed by Australia (including Sunrise Dam and Tropicana), and the Americas (comprising Cerro Vanguardia, AngloGold Ashanti Mineracao, and Serra Grande operations).
84GF Score
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