Anglo American (AAL)

Company name:	Anglo American Plc
Company Description:	Mining operations to extract gold, platinum, diamonds, coal, copper nickle, zinc, lead, and mineral sands; Construction materials operations including, pot ash and salt, phosphate, soda ash, crushed rock, sand, gravel, asphalt, concrete, mortar, lime and cement; Production of metals, ores, alloys, steel; vanadium products, ferroalloys, iron, high carbon sand, steel wire ropes and niobium; Manufacture of pulp, graphic and packaging papers, converted packaging and solid wood products; Financial services.
EPIC:	AAL	Trading Currency:	GBX
Market Sector:	FE10	ISIN:	GB00B1XZS820
Market Segment:	SET1	Share Type:	DE
WWW Address:	http://www.angloamerican.co.uk	Description:	ORD USD0.54945
Industry Sector:	MINING

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
1,875.80	9.4 [0.50]	1,877.20	1,877.80	1,860.00	1,905.80	1,855.20	3,366,993
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
25,569.37	1,363.12	0.87	213.74	82.19	8.78	4.38	2,266.00 - 1,018.20

Anglo American Key Figures

(at previous day's close)
Market Cap.	25,569.37	m
Shares In Issue	1,363.12	m
Prev. Close	1,866.40
PE Ratio	8.78
Dividend Yield	4.38	%
EPS - basic	213.74	p
Dividend PS	82.19	p
Dividend Cover	-
Cash Flow PS	423.95	p
Return On Equity (ROE)	13.99	%
Operating Margin	21.08	%
PEG Factor	-4.91
EPS Growth Rate	-1.79	%
Dividends PS Growth Rate	9.00	%
Net Debt	13,890.82	m
Gross Gearing	44.11	%
Quick Assets	8,113.41	m
Net Working Capital	6,404.77	m
Intangibles / Fixed Assets	7.63	%
Turnover PS	1,652.31	p
Pre-Tax Profit PS	348.27	p
Retained Profit PS	191.84	p
Cash PS	350.99	p
Net Cash PS	-48.84	p
Net Tangible Asset Value PS *	1,200.87	p
Net Asset Value PS	1,736.12	p
Spread	0.60 (0.03%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Anglo American Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	1,905.80	1,788.60
4 weeks	2,003.00	1,758.40
12 weeks	2,029.50	1,758.40
1 year	2,266.00	1,018.20

Share Price Chart (5 years)

Anglo American Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	1,866.80	9.00	0.48	1,788.60	2.85		1,839.26
4 weeks	1,874.80	1.00	0.05	1,758.40	3.15		1,884.81
12 weeks	1,835.20	40.60	2.21	1,758.40	3.25		1,907.06
26 weeks	1,360.00	515.80	37.93	1,217.60	4.08		1,701.46
1 year	1,893.20	-17.40	-0.92	1,018.20	4.21		1,787.42
3 years	1,350.00	525.80	38.95	1,018.20	4.86		1,760.01
5 years	557.30	1,318.50	236.59	215.55	6.67		1,209.40
† periods calculated are whole weeks rather than calendar months

Anglo American Key Management Ratios

Anglo American Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	2.23
PE Ratio	8.78
Tobin's Q Ratio	0.47
Tobin's Q Ratio (excl. intangibles)	0.50
Dividend Yield	4.38	%
Market-to-Book Ratio	1.37
Price-to-Pre-Tax Profit PS	5.39
Price-to-Retained Profit PS	9.78
Price-to-Cash Flow PS	4.42
Price-to-Sales PS	1.14
Price-to-Net Tangible Asset Value PS	1.20
Price-to-Cash PS	5.34
Net Working Capital PS	469.86
Price Pct to Working Capital PS	3.99	%
Earnings Yield	11.39	%
Average PE	7.43
Years in average	4
PE to PE average	118.11	%

Anglo American Financial Ratios

(Leverage Ratios)
Debt Ratio	35.85	%
Debt-to-Equity Ratio	0.56
Debt-to-Equity Ratio (excl. Intgbl)	0.62
Debt-to-Equity Market Value	0.52
Net Gearing	32.81	%
Net Gearing (excl. Intangibles)	34.72	%
Gross Gearing	44.11	%
Gross Gearing (excl. Intangibles)	46.67	%
Gearing Under 1 Year	12.87	%
Gearing Under 1 Year (excl. Intgbl)	13.62	%
Assets/Equity	1.79
Cash/Equity	20.22
(Liquidity Ratios)
Net Working Capital to Total Assets	15.13	%
Current Ratio	2.18
Quick Ratio (Acid Test)	1.49
Liquidity Ratio	0.88
Cash & Equiv/Current Assets	40.36	%
(Solvency Ratios)
Enterprise Value	38,979.11	m
CFO/Sales	0.26
CFO/Attributable Profit	2.21
CFO/Assets	0.14
CFO/Debt	0.31
Total Debt/Equity Market Value	0.73
Total Debt/Sales	0.83
Total Debt/Pre-Tax Profit	3.93
Total Debt	18,675.16	m
Total Debt/Net Current Assets	2.92	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	3.50	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	8

Beta (60-Mnth)	Beta (36-Mnth)
0.8684	0.2133

Anglo American Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	12.87	%
Return On Assets (ROA)	4.83	%
Net Profit Margin	11.61	%
Assets Turnover	0.42
Return On Equity (ROE)	13.99	%
Return On Investment (ROI)	5.55	%
Dividend Payout Ratio	39.64	%
Plowback Ratio	60.36	%
Growth from Plowback Ratio	6.52	%
Net Income Of Revenues	11.61	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.93
Fixed Assets Turnover	0.58
Current Assets Turnover	1.48
Net Working Capital Turnover
Inventory Turnover	4.78
(Other Operating Ratios)
Total Assets-to-Sales	2.41
Debtors-to-Sales	17.79	%
Debt Collection Period	64.94	Days

Anglo American Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
20 Feb 2020	Final	USX	47.00	31/12/2018	31/12/2019	12/03/2020	13/03/2020	07/05/2020	109.00
25 Jul 2019	Interim	USX	62.00	31/12/2018	31/12/2019	15/08/2019	16/08/2019	20/09/2019	-
21 Feb 2019	Final	USX	51.00	31/12/2017	31/12/2018	14/03/2019	15/03/2019	03/05/2019	100.00
26 Jul 2018	Interim	USX	49.00	31/12/2017	31/12/2018	16/08/2018	17/08/2018	21/09/2018	-
22 Feb 2018	Final	USX	54.00	31/12/2016	31/12/2017	15/03/2018	16/03/2018	11/05/2018	102.00
27 Jul 2017	Interim	USX	48.00	31/12/2016	31/12/2017	10/08/2017	11/08/2017	22/09/2017	-
24 Jul 2015	Interim	GBX	32.00	31/12/2014	31/12/2015	06/08/2015	07/08/2015	17/09/2015	32.00
13 Feb 2015	Final	GBX	53.00	31/12/2013	31/12/2014	19/03/2015	20/03/2015	28/04/2015	85.00
25 Jul 2014	Interim	GBX	32.00	31/12/2013	31/12/2014	06/08/2014	08/08/2014	18/09/2014	-
14 Feb 2014	Final	GBX	53.00	31/12/2012	31/12/2013	19/03/2014	21/03/2014	29/04/2014	85.00
26 Jul 2013	Interim	GBX	32.00	31/12/2012	31/12/2013	14/08/2013	16/08/2013	12/09/2013	-
15 Feb 2013	Final	GBX	53.00	31/12/2011	31/12/2012	20/03/2013	22/03/2013	25/04/2013	85.00
27 Jul 2012	Interim	GBX	32.00	31/12/2011	31/12/2012	15/08/2012	17/08/2012	13/09/2012	-
17 Feb 2012	Final	GBX	46.00	31/12/2010	31/12/2011	28/03/2012	30/03/2012	26/04/2012	74.00
29 Jul 2011	Interim	GBX	28.00	31/12/2010	31/12/2011	15/08/2011	17/08/2011	13/09/2011	-
21 Feb 2011	Final	GBX	40.00	31/12/2009	31/12/2010	30/03/2011	01/04/2011	28/04/2011	65.00
31 Aug 2010	Interim	GBX	25.00	31/12/2009	31/12/2010	18/08/2010	20/08/2010	16/09/2010	-
19 Feb 2009	Final	GBX	-	31/12/2008	31/12/2009	-	-	-	-
13 Mar 2009	Final	GBX	44.00	31/12/2007	31/12/2008	20/08/2008	22/08/2008	18/09/2008	44.00
03 Aug 2007	Special	GBX	67.00	31/12/2005	31/12/2006	-	-	-	-
19 Feb 2007	Final	GBX	75.00	31/12/2005	31/12/2006	14/03/2007	16/03/2007	03/05/2007	108.00
02 Aug 2006	Interim	GBX	33.00	30/12/2005	30/06/2006	23/08/2006	25/08/2006	21/09/2006	-
22 Feb 2006	Special	GBX	33.00	31/12/2004	31/12/2005	-	-	03/05/2006	-
22 Feb 2006	Final	GBX	62.00	31/12/2004	31/12/2005	-	-	03/05/2006	90.00
04 Aug 2005	Interim	GBX	28.00	30/12/2004	30/06/2005	17/09/2005	19/09/2005	20/09/2005	-
23 Feb 2005	Final	GBX	51.00	31/12/2003	31/12/2004	09/03/2005	11/03/2005	29/04/2005	70.00
05 Aug 2004	Interim	GBX	19.00	30/06/2003	30/06/2004	16/08/2004	18/08/2004	21/09/2004	-
02 Jul 2004	Final	GBX	39.00	31/12/2002	31/12/2003	10/03/2004	12/03/2004	29/04/2004	54.00
08 Aug 2003	Interim	GBX	15.00	30/12/2002	30/06/2003	20/08/2003	22/08/2003	15/09/2003	-
28 Feb 2003	Final	GBX	36.00	31/12/2001	31/12/2002	12/03/2003	14/03/2003	30/04/2003	51.00
10 Sep 2002	Interim	GBX	15.00	30/12/2001	30/06/2002	18/09/2002	20/09/2002	11/10/2002	-
13 Mar 2002	Final	GBX	34.00	31/12/2000	31/12/2001	20/03/2002	22/03/2002	15/05/2002	49.00
07 Sep 2001	Interim	GBX	15.00	30/12/2000	30/06/2001	19/09/2001	21/09/2001	19/10/2001	-
14 Mar 2001	Final	GBX	32.50	31/12/1999	31/12/2000	21/03/2001	23/03/2001	18/05/2001	47.50
08 Sep 2000	Interim	GBX	15.00	30/12/1999	30/06/2000	18/09/2000	22/09/2000	20/10/2000	-
22 Mar 2000	Final	GBX	27.00	31/12/1998	31/12/1999	03/04/2000	07/04/2000	17/05/2000	37.50
08 Sep 1999	Interim	GBX	10.50	30/12/1998	30/06/1999	20/09/1999	24/09/1999	22/10/1999	-

Anglo American Fundamentals

	31 Dec 2016 (USD)		31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)
turnover	21,378.00	100.00%	26,243.00	100.00%	27,610.00	100.00%	29,870.00	100.00%	m
pre tax profit	2,624.00	12.27%	5,505.00	20.98%	6,189.00	22.42%	6,296.00	21.08%	m
attributable profit	1,594.00	7.46%	3,166.00	12.06%	3,549.00	12.85%	3,468.00	11.61%	m
retained profit	1,594.00	7.46%	3,166.00	12.06%	3,549.00	12.85%	3,468.00	11.61%	m
eps - basic	124.00		248.00		280.00		275.00
eps - diluted	123.00		245.00		274.00		270.00
dividends per share	-		102.00		100.00		109.00

Anglo American Balance Sheet

	31 Dec 2016 (USD)		31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)


	31 Dec 2016 (USD)		31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)
ASSETS
fixed assets	28,719.00	57.27%	30,643.00	56.16%	30,898.00	59.20%	34,201.00	60.91%	m
intangibles	3,217.00	6.41%	3,323.00	6.09%	3,087.00	5.91%	3,086.00	5.50%	m
fixed investments	4,048.00	8.07%	3,815.00	6.99%	3,413.00	6.54%	3,143.00	5.60%	m
current assets - other	-	-%	129.00	0.24%	-	-%	166.00	0.30%	m
stocks	3,727.00	7.43%	4,441.00	8.14%	4,466.00	8.56%	4,962.00	8.84%	m
debtors	4,387.00	8.75%	4,410.00	8.08%	3,765.00	7.21%	4,249.00	7.57%	m
cash & securities	6,051.00	12.07%	7,800.00	14.30%	6,567.00	12.58%	6,345.00	11.30%	m

TOTAL	50,149.00	100%	54,561.00	100%	52,196.00	100%	56,152.00	100%	m

LIABILITIES
creditors - short	6,525.00	13.01%	7,351.00	13.47%	6,836.00	13.10%	7,228.00	12.87%	m
creditors - long	19,299.00	38.48%	18,287.00	33.52%	15,528.00	29.75%	17,522.00	31.20%	m
creditors - other	-	-%	41.00	0.08%	-	-%	17.00	0.03%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	25,824.00	51.49%	25,679.00	47.06%	22,364.00	42.85%	24,767.00	44.11%	m

EQUITY
ord cap, reserves	19,016.00	37.92%	22,972.00	42.10%	23,598.00	45.21%	24,795.00	44.16%	m
prefs, minorities	5,309.00	10.59%	5,910.00	10.83%	6,234.00	11.94%	6,590.00	11.74%	m

TOTAL	24,325.00	48.51%	28,882.00	52.94%	29,832.00	57.15%	31,385.00	55.89%	m

OTHER
NAV Basic	-		-		-		-
NAV Diluted	-		-		-		-

Anglo American Cash Flow Statement

	31 Dec 2016 (USD)	31 Dec 2017 (USD)	31 Dec 2018 (USD)	31 Dec 2019 (USD)
Operating CF	5,399.00	8,049.00	7,127.00	7,664.00	m
Pre-Financing CF	4,874.00	6,102.00	4,029.00	2,948.00	m
Retained CF	-906.00	6,044.00	-948.00	-168.00	m

Anglo American Brokers

Name	Activity	Type	Mnemonic	Code
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC