AngloGold Ashanti Ratios and Metrics

Market cap in millions ZAR. Fiscal year is January - December.

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	978,195	712,900	219,428	144,167	138,136	139,748
Market Cap Growth	233.55%	224.89%	52.20%	4.37%	-1.15%	1.20%
Enterprise Value	997,402	739,938	240,632	169,903	154,848	156,841
Last Close Price	1921.80	1433.15	400.04	330.50	303.76	295.85
PE Ratio	22.41	16.33	11.58	-	34.87	14.26
PS Ratio	5.97	4.35	2.01	1.72	1.81	2.17
PB Ratio	5.96	4.34	1.37	2.11	1.99	2.13
P/TBV Ratio	7.40	5.39	1.78	2.19	2.07	2.23
P/FCF Ratio	18.60	13.55	13.24	-	31.62	38.57
P/OCF Ratio	12.35	9.00	5.91	8.12	4.50	6.91
EV/Sales Ratio	6.30	4.52	2.20	2.03	2.02	2.44
EV/EBITDA Ratio	11.36	8.70	5.63	7.93	6.53	8.01
EV/EBIT Ratio	13.93	10.59	8.12	15.64	10.86	12.12
EV/FCF Ratio	18.96	14.07	14.52	-	35.44	43.29
Debt / Equity Ratio	0.23	0.23	0.25	0.65	0.53	0.51
Debt / EBITDA Ratio	0.44	0.44	0.92	1.93	1.47	1.62
Debt / FCF Ratio	0.72	0.72	2.45	-	8.45	9.23
Net Debt / Equity Ratio	-0.06	-0.06	0.09	0.39	0.26	0.23
Net Debt / EBITDA Ratio	-0.12	-0.12	0.32	1.24	0.76	0.77
Net Debt / FCF Ratio	-0.20	-0.20	0.83	-20.49	4.14	4.14
Asset Turnover	0.70	0.70	0.54	0.57	0.56	0.51
Inventory Turnover	4.71	4.71	3.95	4.42	4.55	3.98
Quick Ratio	2.06	2.06	1.20	0.93	1.46	1.66
Current Ratio	2.87	2.87	2.18	1.80	2.43	2.59
Return on Equity (ROE)	34.45%	34.45%	17.12%	-5.68%	6.14%	16.20%
Return on Assets (ROA)	18.69%	18.69%	9.20%	4.59%	6.55%	6.45%
Return on Invested Capital (ROIC)	33.66%	33.81%	13.65%	-40.51%	8.77%	11.40%
Return on Capital Employed (ROCE)	31.40%	31.40%	13.40%	8.50%	11.80%	11.30%
Earnings Yield	4.46%	6.12%	8.64%	-2.98%	2.87%	7.01%
FCF Yield	5.38%	7.38%	7.56%	-0.90%	3.16%	2.59%
Dividend Yield	0.02%	4.12%	4.29%	1.27%	2.63%	1.08%
Payout Ratio	51.81%	70.98%	24.30%	-	87.12%	36.48%
Buyback Yield / Dilution	-17.87%	-17.87%	-2.33%	-0.06%	-0.19%	-0.14%
Total Shareholder Return	-17.84%	-13.75%	1.97%	1.22%	2.44%	0.94%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.