Anglo American (XSWX:AAM) Intrinsic Value: Projected FCF: CHF34.46 (As of Aug. 19, 2026) — 5121% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:AAM Anglo American PLC XSWX:AAM
44 GF Score
Price CHF39.80
GF Value CHF20.68
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Anglo American Intrinsic Value: Projected FCF?

Anglo American XSWX:AAM 44 Intrinsic Value: Projected FCF is CHF34.46 as of Aug. 19, 2026, which is 100% below its 10-year median of 0.66. GuruFocus rates XSWX:AAM with a GF Score™ of 44/100 and a GF Value™ of CHF20.68 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 650 Metals & Mining companies, Anglo American ranks better than 72.92% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-19), Anglo American's Intrinsic Value: Projected FCF is CHF34.46. The stock price of Anglo American is CHF39.80. Therefore, Anglo American's Price-to-Intrinsic-Value-Projected-FCF of today is 1.2.

The historical rank and industry rank for Anglo American's Intrinsic Value: Projected FCF or its related term are showing as below:

XSWX:AAM' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.41   Med: 0.66   Max: 1.15
Current: 1.15

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Anglo American was 1.15. The lowest was 0.41. And the median was 0.66.

XSWX:AAM's Price-to-Projected-FCF is ranked better than
72.92% of 650 companies
in the Metals & Mining industry
Industry Median: 2.26 vs XSWX:AAM: 1.15

Anglo American  (XSWX:AAM) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Anglo American's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=39.80/38.388112381229
=1.04

* 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 Intrinsic Value: Projected FCF Related Terms


Anglo American Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Anglo American's Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF Chart

Anglo American Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.18 70.69 49.32 44.94 31.12

Anglo American Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Intrinsic Value: Projected FCF 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 0.00 44.94 0.00 31.12 0.00

Anglo American Intrinsic Value: Projected FCF Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Anglo American's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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 Price-to-Projected-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Anglo American's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Anglo American's Price-to-Projected-FCF falls into.


XSWX:AAM
44GF Score
Anglo American PLC XSWX:AAM
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anglo American Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Anglo American's Free Cash Flow(6 year avg) = CHF3,356.76.

Anglo American's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec25)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*3356.7597142857+14324.278*0.8)/1131.000
=38.39

* 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.

What does a Intrinsic Value: Projected FCF of CHF34.46 mean?
Anglo American (XSWX:AAM) has a Intrinsic Value: Projected FCF of CHF34.46 as of Aug. 19, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Anglo American and its competitors. This is 5121% above median its historical median of 0.66. Over the past decade, Anglo American's Intrinsic Value: Projected FCF has ranged from 0.41 to 1.15. According to the industry distribution chart, Anglo American ranks #176 out of 650 companies in the Metals & Mining industry, placing it in the top 27.1%.
Is Anglo American's Intrinsic Value: Projected FCF too high?
Anglo American's current Intrinsic Value: Projected FCF of CHF34.46 is 5121% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.15. Based on the distribution chart, Anglo American ranks #176 out of 650 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Anglo American has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anglo American's Intrinsic Value: Projected FCF compare to competitors?
According to the Metals & Mining industry distribution chart, Anglo American ranks #176 out of 650 companies for Intrinsic Value: Projected FCF. This puts Anglo American in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 2.26. Historically, Anglo American's own Intrinsic Value: Projected FCF has ranged from 0.41 to 1.15 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Metals & Mining company?
The median Intrinsic Value: Projected FCF among Metals & Mining companies is 2.26, based on 650 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Anglo American and its competitors. For the Metals & Mining industry, the median Intrinsic Value: Projected FCF is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anglo American's current Intrinsic Value: Projected FCF is CHF34.46, which is 5121% above median its own 10-year median of 0.66. 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 (XSWX:AAM) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF20.68, compared to a current price of CHF39.80 — trading 92.5% above its estimated fair value. The current Intrinsic Value: Projected FCF is CHF34.46, which is 5121% above median its 10-year median of 0.66. Anglo American's overall GF Score™ is 44/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Anglo American (XSWX:AAM), the current Intrinsic Value: Projected FCF is CHF34.46 as of Aug. 19, 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 (XSWX:AAM) Overvalued in 2026?

Based on GuruFocus' analysis, Anglo American stock appears to be overvalued. The current stock price of CHF39.80 is trading 92.5% above its estimated GF Value™ of CHF20.68. GuruFocus considers Anglo American to be Significantly Overvalued.

Key valuation signals for XSWX:AAM:

  • Intrinsic Value: Projected FCF: CHF34.46 (5121% above median its 10-year median of 0.66)
  • GF Value™: CHF20.68 vs. price of CHF39.80 (92.5% above fair value)
  • GF Score™: 44/100 with 8 warning signs

No single metric tells the full story. See the XSWX:AAM 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.
44GF Score

Get the complete analysis for XSWX:AAM

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF39.80
Price
CHF20.68
GF Value