Anglogold Ashanti (MEX:AUN) ROCE %: 59.59% (As of Mar. 2026)

What is Anglogold Ashanti ROCE %?

Anglogold Ashanti MEX:AUN +7.49% 61 ROCE % is 59.59% as of Mar. 2026. GuruFocus rates MEX:AUN with a GF Score™ of 61/100 and a GF Value™ of MXN965.22 (Significantly Overvalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Anglogold Ashanti's annualized ROCE % for the quarter that ended in Mar. 2026 was 59.59%.

Anglogold Ashanti (MEX:AUN) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Anglogold Ashanti ROCE % Related Terms

Anglogold Ashanti ROCE % Historical Data

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The historical data trend for Anglogold Ashanti's ROCE % 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 ROCE % Chart

Anglogold Ashanti Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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15.44

8.35

2.82

21.10

33.25

Anglogold Ashanti Quarterly Data
	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															25.73	33.74	34.75	44.60	59.59

61GF Score

Anglogold Ashanti PLC MEX:AUN

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Anglogold Ashanti ROCE % Calculation

Anglogold Ashanti's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	80863.599	/	( ( (275920.911 - 31909.221)	+	(271489.945 - 29169.234) )	/ 2 )
	=	80863.599	/	( (244011.69	+	242320.711)	/ 2 )
	=	80863.599	/	243166.2005
	=	33.25 %

Anglogold Ashanti's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	147074.7	/	( ( (271489.945 - 29169.234)	+	(283203.554 - 31917.879) )	/ 2 )
	=	147074.7	/	( ( 242320.711	+	251285.675 )	/ 2 )
	=	147074.7	/	246803.193
	=	59.59 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 59.59% mean?

Anglogold Ashanti (MEX:AUN) has a ROCE % of 59.59% as of Mar. 2026.

Is Anglogold Ashanti's ROCE % too high?

Anglogold Ashanti's current ROCE % is 59.59%. Overall, Anglogold Ashanti has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Anglogold Ashanti's ROCE % compare to CDE and RGLD?

Anglogold Ashanti's ROCE % of 59.59% 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 ROCE % for a Metals & Mining company?

A good ROCE % depends on the Metals & Mining industry context. However, ROCE % 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. Anglogold Ashanti's current ROCE % is 59.59%. 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 (MEX:AUN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN965.22, compared to a current price of MXN1,478.00 — trading 53.1% above its estimated fair value. The current ROCE % is 59.59%. Anglogold Ashanti's overall GF Score™ is 61/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Anglogold Ashanti (MEX:AUN), the current ROCE % is 59.59% 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 (MEX:AUN) Overvalued in 2026?

Based on GuruFocus' analysis, Anglogold Ashanti stock appears to be overvalued. The current stock price of MXN1,478.00 is trading 53.1% above its estimated GF Value™ of MXN965.22. GuruFocus considers Anglogold Ashanti to be Significantly Overvalued.

Key valuation signals for MEX:AUN:

ROCE %: 59.59%
GF Value™: MXN965.22 vs. price of MXN1,478.00 (53.1% above fair value)
GF Score™: 61/100 with 2 warning signs

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

Anglogold Ashanti Business Description

Industry Basic Materials Metals & Mining

Comparable Companies CDE RGLD AUGO SA HYMC DC GROY CTGO IDR CMCL SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV HKSE:02259 TSX:K JSE:GFI TSX:PAAS

Other Exchanges ANG:South Africa AU:USA 1ANGU:Italy HT3:Germany

Address 6363 S Fiddlers Green Circle, Suite 1000, Greenwood Village, Denver, CO, USA, 80111

Website https://www.anglogoldashanti.com

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).

61GF Score

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

MXN1,478.00

Price

MXN965.22

GF Value

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