AU vs. SUZ: AngloGold Ashanti vs. Suzano Stock Comparison

November 11, 2026

How do AngloGold Ashanti (AU) and Suzano (SUZ) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

AngloGold Ashanti (AU) and Suzano (SUZ) both fall under the Materials industry group, but AU is classified in Metals & Mining while SUZ is classified in Paper & Forest Products.

AngloGold Ashanti (AU) trades as ordinary local shares, while Suzano (SUZ) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for AngloGold Ashanti (AU) and Suzano (SUZ)
Profile Item	AU	SUZ
Name	AngloGold Ashanti plc	Suzano S.A. - Sponsored ADR
Country/Region	United States	Brazil
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Paper & Forest Products
GICS Sub-Industry	Gold	Paper Products
Market Capitalization	47.04 billion USD	11.90 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	August 5, 1998	November 4, 2008
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

SUZ

GSPC

AngloGold Ashanti (AU) vs. Suzano (SUZ), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for AngloGold Ashanti (AU) and Suzano (SUZ). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for AngloGold Ashanti (AU) and Suzano (SUZ). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for AngloGold Ashanti (AU) and Suzano (SUZ)
Metric	AU	SUZ
Total Return (1Y)	47.97%	9.33%
Total Return (3Y, Annualized)	87.34%	-1.70%
Total Return (5Y, Annualized)	42.76%	4.04%

Risk Profile

Drawdown History

SUZ

GSPC

AngloGold Ashanti (AU) vs. Suzano (SUZ), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for AngloGold Ashanti (AU) and Suzano (SUZ). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for AngloGold Ashanti (AU) and Suzano (SUZ)
Metric	AU	SUZ
Volatility (1Y, Annualized)	60.11%	30.42%
Beta (5Y)	0.67	0.56
Max Drawdown (5Y)	-51.75%	-38.50%
Avg. Volume (3M)	2.54M	3.57M

Risk-Adjusted Performance

Risk-Return Positioning

AU and SUZ are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for AngloGold Ashanti (AU) and Suzano (SUZ)
Metric	AU	SUZ
Sharpe Ratio (1Y)	0.73	0.17
Sortino Ratio (1Y)	1.07	0.26

Profitability

ROE (TTM)

AngloGold Ashanti (AU) at 44.33% sits in the top ROE quartile, while Suzano (SUZ) at 16.20% is closer to the peer norm — stronger capital efficiency for AU.

AU

Materials industry group

44.33%

Max: 52.88%
AU: 44.33%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

SUZ

Materials industry group

16.20%

Max: 52.88%
Q3: 19.49%
SUZ: 16.20%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

AngloGold Ashanti (AU) at 32.64% retains a top-quartile share of revenue as profit, ahead of Suzano (SUZ) at 15.94%, which keeps about the industry-typical share.

AU

Materials industry group

32.64%

Max: 38.66%
AU: 32.64%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

SUZ

Materials industry group

15.94%

Max: 38.66%
Q3: 15.98%
SUZ: 15.94%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

AngloGold Ashanti (AU) at 45.36% operates in the top operating margin quartile, ahead of Suzano (SUZ) at 9.76%, which runs around its industry’s norm.

AU

Materials industry group

45.36%

Max: 66.70%
AU: 45.36%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

SUZ

Materials industry group

9.76%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
SUZ: 9.76%
Q1: 3.28%
Min: -14.07%

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for AngloGold Ashanti (AU) and Suzano (SUZ)
Metric	AU	SUZ
ROE (TTM)	44.33%	16.20%
ROA (TTM)	24.39%	2.54%
Net Margin (TTM)	32.64%	15.94%
Operating Margin (TTM)	45.36%	9.76%
Gross Margin (TTM)	54.84%	26.68%

Growth

Revenue Growth

AngloGold Ashanti (AU) at 70.78% sits in the top revenue growth quartile, while Suzano (SUZ) at 5.72% is closer to the peer norm — faster top-line expansion for AU.

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: AngloGold Ashanti (AU) reports EPS growth of 122.32%, ranked against its industry; Suzano (SUZ) has no EPS growth figure this period.

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for AngloGold Ashanti (AU) and Suzano (SUZ)
Metric	AU	SUZ
Revenue Growth (YoY)	70.78%	5.72%
Revenue Growth (3Y CAGR)	30.02%	0.19%
EPS Growth (YoY)	122.32%	--
EPS Growth (3Y CAGR)	93.95%	-14.94%

Financial Strength

Current Ratio (MRQ)

Both AngloGold Ashanti (AU) at 2.55 and Suzano (SUZ) at 2.54 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

AU

Materials industry group

2.55

Max: 5.96
Q3: 3.30
AU: 2.55
Median: 2.24
Q1: 1.45
Min: 0.16

SUZ

Materials industry group

2.54

Max: 5.96
Q3: 3.30
SUZ: 2.54
Median: 2.24
Q1: 1.45
Min: 0.16

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

AngloGold Ashanti (AU) at 0.16 carries an industry-typical debt-to-equity mix, while Suzano (SUZ) at 1.83 uses more debt funding than most peers.

AU

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
AU: 0.16
Q1: 0.13
Min: 0.00

SUZ

Materials industry group

1.83

Max: 1.98
SUZ: 1.83
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for AngloGold Ashanti (AU) and Suzano (SUZ)
Metric	AU	SUZ
Current Ratio (MRQ)	2.55	2.54
Debt / Equity (MRQ)	0.16	1.83
Net Debt / EBITDA	-0.17	4.28

Dividends

Dividend Yield (TTM)

Suzano (SUZ) at 0.05% pays an industry-typical yield; AngloGold Ashanti (AU) at 4.88% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

AU

Materials industry group

4.88%

AU: 4.88%
Max: 4.52%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

SUZ

Materials industry group

0.05%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
SUZ: 0.05%
Q1: 0.00%
Min: 0.00%

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Suzano (SUZ) at 17.55% pays out a band-typical share of earnings, while AngloGold Ashanti (AU) at 58.78% distributes more than its industry norm — less retained, thinner cover.

AU

Materials industry group

58.78%

Max: 83.62%
AU: 58.78%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

SUZ

Materials industry group

17.55%

Max: 83.62%
Q3: 41.37%
SUZ: 17.55%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for AngloGold Ashanti (AU) and Suzano (SUZ)
Metric	AU	SUZ
Dividend Yield (TTM)	4.88%	0.05%
Dividend Payout Ratio (TTM)	58.78%	17.55%

Valuation

P/E Ratio (TTM)

Suzano (SUZ) at 7.49 sits in the cheaper P/E ratio quartile, while AngloGold Ashanti (AU) at 12.09 is closer to its industry’s usual earnings multiple — a discount for SUZ, though growth and earnings durability still matter.

AU

Materials industry group

12.09

Max: 59.00
Q3: 32.93
Median: 18.82
AU: 12.09
Q1: 11.96
Min: 3.93

SUZ

Materials industry group

7.49

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
SUZ: 7.49
Min: 3.93

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Suzano (SUZ) at 0.23 sits in the cheaper P/S ratio quartile while AngloGold Ashanti (AU) at 3.91 prices around its industry’s middle — SUZ costs less per dollar of sales, though read it alongside growth and margins.

AU

Materials industry group

3.91

Max: 9.62
Q3: 4.34
AU: 3.91
Median: 1.87
Q1: 0.73
Min: 0.00

SUZ

Materials industry group

0.23

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
SUZ: 0.23
Min: 0.00

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Suzano (SUZ) at 1.16 looks cheap against book in the lower P/B ratio quartile, while AngloGold Ashanti (AU) at 5.01 carries a premium in the upper quartile — a clear price-to-book gap.

AU

Materials industry group

5.01

Max: 6.59
AU: 5.01
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

SUZ

Materials industry group

1.16

Max: 6.59
Q3: 3.55
Median: 2.08
Q1: 1.26
SUZ: 1.16
Min: -0.17

AngloGold Ashanti (AU) vs. Suzano (SUZ): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for AngloGold Ashanti (AU) and Suzano (SUZ)
Metric	AU	SUZ
P/E Ratio (TTM)	12.09	7.49
P/S Ratio (TTM)	3.91	0.23
P/B Ratio (MRQ)	5.01	1.16
Free Cash Flow Yield (TTM)	7.61%	-7.73%