Anglogold Ashanti (MEX:AUN) Scaled Net Operating Assets: 0.63 (As of Mar. 2026)


MEX:AUN Anglogold Ashanti PLC MEX:AUN
61 GF Score
Price MXN1,478.00
GF Value MXN965.22
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Anglogold Ashanti Scaled Net Operating Assets?

Anglogold Ashanti MEX:AUN +7.49% 61 Scaled Net Operating Assets is 0.63 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Anglogold Ashanti's operating assets for the quarter that ended in Mar. 2026 was MXN226,328 Mil. Anglogold Ashanti's operating liabilities for the quarter that ended in Mar. 2026 was MXN54,837 Mil. Anglogold Ashanti's Total Assets for the quarter that ended in Dec. 2025 was MXN271,490 Mil. Therefore, Anglogold Ashanti's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.


Anglogold Ashanti Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Anglogold Ashanti's Scaled Net Operating 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 Scaled Net Operating Assets Chart

Anglogold Ashanti Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.61 0.56 1.38 0.61

Anglogold Ashanti Quarterly Data
Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating 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 0.70 0.66 0.64 0.62 0.63

MEX:AUN vs CDE, RGLD, AUGO: Scaled Net Operating Assets Comparison

For the Gold subindustry, Anglogold Ashanti's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Anglogold Ashanti's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Anglogold Ashanti's Scaled Net Operating Assets falls into.


MEX:AUN
61GF Score
Anglogold Ashanti PLC MEX:AUN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Anglogold Ashanti Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Anglogold Ashanti's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(219183.386-51874.421)/275920.911
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=271489.945 - 52306.559
=219183.386

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=92945.423 - 39252.426 - 1818.576
=51874.421

Anglogold Ashanti's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(226328.418-54837.441)/271489.945
=0.63

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=283203.554 - 56875.136
=226328.418

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=96060.193 - 39203.09 - 2019.662
=54837.441

* 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 Scaled Net Operating Assets of 0.63 mean?
Anglogold Ashanti (MEX:AUN) has a Scaled Net Operating Assets of 0.63 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Anglogold Ashanti and its competitors.
Is Anglogold Ashanti's Scaled Net Operating Assets too high?
Anglogold Ashanti's current Scaled Net Operating Assets is 0.63. 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 Scaled Net Operating Assets compare to CDE and RGLD?
Anglogold Ashanti's Scaled Net Operating Assets of 0.63 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 Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Anglogold Ashanti and its competitors. Anglogold Ashanti's current Scaled Net Operating Assets is 0.63. 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 Scaled Net Operating Assets is 0.63. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Anglogold Ashanti (MEX:AUN), the current Scaled Net Operating Assets is 0.63 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:

  • Scaled Net Operating Assets: 0.63
  • 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

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).
61GF Score

Get the complete analysis for MEX:AUN

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

MXN1,478.00
Price
MXN965.22
GF Value