NGLOY (Anglo American) Piotroski F-Score: 6 (As of Jun. 24, 2026) — Near Median


NGLOY Anglo American PLC NGLOY
53 GF Score
Price $23.80
GF Value $10.91
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Anglo American Piotroski F-Score?

Anglo American NGLOY -3.53% 53 Piotroski F-Score is 6 as of Jun. 24, 2026, which is at its 10-year median of 6.00. GuruFocus rates NGLOY with a GF Score™ of 53/100 and a GF Value™ of $10.91 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,510 Metals & Mining companies, Anglo American ranks better than 91.39% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Anglo American has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Anglo American's Piotroski F-Score or its related term are showing as below:

NGLOY' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Anglo American was 8. The lowest was 4. And the median was 6.

Anglo American  (OTCPK:NGLOY) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Anglo American Piotroski F-Score Related Terms


Anglo American Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Anglo American's Piotroski F-Score 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.

Anglo American Piotroski F-Score Chart

Anglo American Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 5.00 4.00 4.00 6.00

Anglo American Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 0.00 4.00 0.00 6.00

Anglo American Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Anglo American's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Anglo American Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Anglo American's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Anglo American's Piotroski F-Score falls into.


NGLOY
53GF Score
Anglo American PLC NGLOY
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was $-3,741 Mil.
Cash Flow from Operations was $5,511 Mil.
Revenue was $18,546 Mil.
Gross Profit was $9,581 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (64866 + 55994) / 2 = $60430 Mil.
Total Assets at the begining of this year (Dec24) was $64,866 Mil.
Long-Term Debt & Capital Lease Obligation was $14,406 Mil.
Total Current Assets was $18,111 Mil.
Total Current Liabilities was $8,253 Mil.
Net Income was $-3,068 Mil.

Revenue was $17,745 Mil.
Gross Profit was $9,701 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (66544 + 64866) / 2 = $65705 Mil.
Total Assets at the begining of last year (Dec23) was $66,544 Mil.
Long-Term Debt & Capital Lease Obligation was $16,191 Mil.
Total Current Assets was $19,660 Mil.
Total Current Liabilities was $9,596 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Anglo American's current Net Income (TTM) was -3,741. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Anglo American's current Cash Flow from Operations (TTM) was 5,511. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=-3741/64866
=-0.05767274

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-3068/66544
=-0.04610483

Anglo American's return on assets of this year was -0.05767274. Anglo American's return on assets of last year was -0.04610483. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Anglo American's current Net Income (TTM) was -3,741. Anglo American's current Cash Flow from Operations (TTM) was 5,511. ==> 5,511 > -3,741 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=14406/60430
=0.23839153

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=16191/65705
=0.2464196

Anglo American's gearing of this year was 0.23839153. Anglo American's gearing of last year was 0.2464196. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=18111/8253
=2.19447474

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=19660/9596
=2.04877032

Anglo American's current ratio of this year was 2.19447474. Anglo American's current ratio of last year was 2.04877032. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Anglo American's number of shares in issue this year was 2262. Anglo American's number of shares in issue last year was 2424. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=9581/18546
=0.51660735

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9701/17745
=0.54668921

Anglo American's gross margin of this year was 0.51660735. Anglo American's gross margin of last year was 0.54668921. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=18546/64866
=0.2859125

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=17745/66544
=0.26666566

Anglo American's asset turnover of this year was 0.2859125. Anglo American's asset turnover of last year was 0.26666566. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+0+1+1+1+1+0+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Anglo American has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Anglo American (NGLOY) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Anglo American and its competitors. This is near median its historical median of 6.00. Over the past decade, Anglo American's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Anglo American ranks #216 out of 2510 companies in the Metals & Mining industry, placing it in the top 8.6%.
Is Anglo American's Piotroski F-Score too high?
Anglo American's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Anglo American's value of 6 is 100% above this industry median. Based on the distribution chart, Anglo American ranks #216 out of 2510 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Anglo American has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anglo American's Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Anglo American ranks #216 out of 2510 companies for Piotroski F-Score. This places Anglo American in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Anglo American's value of 6 is 100% above this benchmark. Historically, Anglo American's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 3.00, Anglo American has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,510 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anglo American's current Piotroski F-Score of 6 is 100% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Anglo American and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anglo American's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anglo American stock overvalued right now?
Based on GuruFocus' analysis, Anglo American (NGLOY) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.91, compared to a current price of $23.80 — trading 118.1% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 100% above the Metals & Mining industry median of 3.00. Anglo American's overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Anglo American (NGLOY), the current Piotroski F-Score is 6 as of Jun. 24, 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 Anglo American (NGLOY) Overvalued in 2026?

Based on GuruFocus' analysis, Anglo American stock appears to be overvalued. The current stock price of $23.80 is trading 118.1% above its estimated GF Value™ of $10.91. GuruFocus considers Anglo American to be Significantly Overvalued.

Key valuation signals for NGLOY:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $10.91 vs. price of $23.80 (118.1% above fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 100% above the Metals & Mining median (#216 of 2510)

No single metric tells the full story. See the NGLOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anglo American Business Description

Address 17 Charterhouse Street, London, GBR, EC1N 6RA
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.
53GF Score

Get the complete analysis for NGLOY

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.80
Price
$10.91
GF Value