Anglogold Ashanti (HAM:HT3) Intangible Assets: €95 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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HAM:HT3 Anglogold Ashanti PLC HAM:HT3
78 GF Score
Price €71.16
GF Value €48.87
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Anglogold Ashanti Intangible Assets?

Anglogold Ashanti HAM:HT3 +1.02% 78 Intangible Assets is €95 Mil as of Mar. 2026. GuruFocus rates HAM:HT3 with a GF Score™ of 78/100 and a GF Value™ of €48.87 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Anglogold Ashanti's intangible assets for the quarter that ended in Mar. 2026 was €95 Mil.


Anglogold Ashanti  (HAM:HT3) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Anglogold Ashanti Intangible Assets Related Terms


Anglogold Ashanti Intangible Assets Historical Data

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The historical data trend for Anglogold Ashanti's Intangible Assets 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.

Anglogold Ashanti Intangible Assets Chart

Anglogold Ashanti Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.97 100.06 98.12 93.59 90.52

Anglogold Ashanti Quarterly Data
Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intangible Assets 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 91.58 90.17 89.46 90.52 95.15
HAM:HT3
78GF Score
Anglogold Ashanti PLC HAM:HT3
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Anglogold Ashanti Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of €95 Mil mean?
Anglogold Ashanti (HAM:HT3) has a Intangible Assets of €95 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Anglogold Ashanti and its competitors.
Is Anglogold Ashanti's Intangible Assets too high?
Anglogold Ashanti's current Intangible Assets is €95 Mil. Overall, Anglogold Ashanti has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anglogold Ashanti's Intangible Assets compare to RGLD and CDE?
Anglogold Ashanti's Intangible Assets of €95 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 Intangible Assets for a Metals & Mining company?
A good Intangible Assets depends on the Metals & Mining industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Anglogold Ashanti and its competitors. Anglogold Ashanti's current Intangible Assets is €95 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 (HAM:HT3) is currently considered Significantly Overvalued. The stock's GF Value™ is €48.87, compared to a current price of €71.16 — trading 45.6% above its estimated fair value. The current Intangible Assets is €95 Mil. Anglogold Ashanti's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Anglogold Ashanti (HAM:HT3), the current Intangible Assets is €95 Mil as of Mar. 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 (HAM:HT3) Overvalued in 2026?

Based on GuruFocus' analysis, Anglogold Ashanti stock appears to be overvalued. The current stock price of €71.16 is trading 45.6% above its estimated GF Value™ of €48.87. GuruFocus considers Anglogold Ashanti to be Significantly Overvalued.

Key valuation signals for HAM:HT3:

  • Intangible Assets: €95 Mil
  • GF Value™: €48.87 vs. price of €71.16 (45.6% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the HAM:HT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anglogold Ashanti Business Description

Address 6363 S Fiddlers Green Circle, Suite 1000, Greenwood Village, Denver, CO, USA, 80111
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).
78GF Score

Get the complete analysis for HAM:HT3

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

€71.16
Price
€48.87
GF Value