COMPARE · Data as of October 9, 2026

AEM vs AU

Verdict: Side-by-side breakdown using the Bull Rankings model. AEM scored 66.8, AU scored 71.7 — AU leads.
Compare another set
AEM
Agnico Eagle Mines Limited
Gold · Quality-Growth
66.8
$189.02 · $95.7B
fundamentals as of
Score gap
4.9
AU leads
AU
AngloGold Ashanti plc
Gold · Quality-Growth
71.7
$94.16 · $47.6B
fundamentals as of
  • CheapestAU12.6x
  • Fastest growthAU+70.8%
  • Strongest balance sheetAEM0.01
  • Highest qualityAEM91 / 100
  • Largest discount to fair valueAU-64%
THE BULL RANKINGS SCORECARD66.8/ 100 · BULL SCOREPEER MEDIANQUALITY91.3GROWTH50.0VALUE65.3
THE BULL RANKINGS SCORECARD71.7/ 100 · BULL SCOREPEER MEDIANQUALITY91.0GROWTH50.0VALUE81.1
AEMAUQuality91.391.0Growth50.050.0Value65.381.1
cheap & fastrevenue growth →← cheaper (lower multiple)34%54%+11x21x+AEMoff-scaleAU

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFAEM$4.5bAU$4.5b
RevAEM+43.7%AU+70.8%
D/EAEM0.01AU0.17
P/EAEM16.2xAU12.6x
PEGAEM28.15AU0.78
AEM
stronger →← stronger
AU
91
Qualityreturns · margins · balance sheet
91
50
Growthrevenue & earnings expansion
50
65
Valuevaluation vs sector peers
81
AU is stronger on 1 of 3 pillars.
AEM
AU
$4.5bB
FCF
$4.5bB
+43.7%A
Rev
+70.8%A
0.01A
D/E
0.17B+
16.2xB
P/E
12.6xA-
28.15D
PEG
0.78A-
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
AEM
AU
25% below
Price vs fair valuelower is cheaper
64% below
~4%/yr
Growth the price impliesyr-1 FCF growth, fading to 4% · lower = less priced in
~-9%/yr
+11%
1-yr DCF upside
+110%
+34%
5-yr DCF upside
+174%
+76%
10-yr DCF upside
+311%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
AEM
Why this score
  • Raising its dividend
  • Cyclical growth
AU
Why this score
  • Raising its dividend
  • Cyclical growth
AEMAgnico Eagle Mines Limited
Gold · $189.02 · beta 0.64
Why now
Gold · market cap $95.7b. Down 26% from 52-week high of $255.24 — deep drawdown territory. Revenue growing +44% — in hypergrowth territory. 14 sell-side analysts rate this a Buy with a mean 1-yr target of $220.32 (implying +17% upside).
Moat
Net margin 40% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 23% is above 15% — the equity base is compounding at a rate the market struggles to discount accurately. $95.7b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Hedge-book exposure — many commodity producers hedge forward production; if the hedge book is concentrated at prices well below spot, the upside the market expects is already locked away.
AUAngloGold Ashanti plc
Gold · $94.16 · beta 0.74
Why now
Gold · market cap $47.6b. Down 27% from 52-week high of $129.14 — deep drawdown territory. Revenue growing +71% — in hypergrowth territory. PEG 0.78 — paying under fair value for the growth rate. 8 sell-side analysts rate this a Buy with a mean 1-yr target of $117.50 (implying +25% upside).
Moat
Net margin 32% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 45% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 117% of net income — earnings translate cleanly into cash.
Risk
Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Where AEM and AU diverge

On the headline score the gap is 4.9 points in favor of AU. The widest single difference is Value, where AU leads by 15.8 points.

Pillars run 0–100. Value is judged against each company's own sector, so a Value score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.

Common questions

Is AU or AEM the better stock?

AU scores higher: AU 71.7, AEM 66.8 out of 100 on the Bull Rankings quality-growth score, which blends business quality, growth and valuation into one number. A higher score means a stronger business at a more reasonable price — it is not a price target or a recommendation.

Where do AU and AEM differ most?

The widest gap is value, where AU leads by 16 points on the 0–100 pillar scale. The other two pillars are close enough to call level, so this is the one place they genuinely separate.

How are AU and AEM scored?

Each carries the same 0–100 quality-growth score used everywhere on the site, built from three pillars — quality (profitability and returns on capital), growth (revenue and earnings), and value (what you pay for them) — combined as a geometric mean, so a weak pillar cannot be papered over by a strong one.

How current is this comparison?

The whole universe is re-scored every trading day after the US market close, so the scores and fundamentals here reflect the latest published edition.