Anglo American vs Rio Tinto

AGL.JO and RIO.L, both materials, compared on the same figures computed the same way.

On our discounted cash flow model, Rio Tinto looks the cheaper of the two, trading 7 percentage points further below its estimated fair value than Anglo American. That is a statement about price against one model, not a forecast, and most of a DCF's output sits in a terminal value nobody can actually forecast.

Rio Tinto scores higher on our moat model (60 against 58). A moat is a structural reason competitors cannot take the profits away, and over a long holding period it matters more than any single quarter's numbers.

AGL.JO trades at 16.0 times earnings against RIO.L's 9.0. A lower multiple is not automatically the better deal: on a cyclical business the low P/E arrives at the top of the cycle, right before earnings fall.

The honest answer to "which is better" is that it depends on what you are buying them for, and neither this page nor any screen can make that judgement for you. What it can do is show you the same figures for both, computed the same way, so the comparison is fair.

MetricAGL.JORIO.L
Share priceR562.00£48.20
Market capR750.00B£60.00B
P/E ratio16.09.0
DCF fair valueR600.00£55.00
Upside to fair value+6.8%+14.1%
Moat score58/10060/100
Dividend yield2.40%6.20%
Return on equity10.0%18.0%
Overall rating58/100, Buy63/100, Buy

Gold marks the more favourable figure on rows where “better” has an agreed direction. It is a signpost, not a verdict. A lower P/E can be a value trap; a higher yield can be a dividend about to be cut.

Full AGL.JO research
Valuation, ownership and the screens it passes.
Full RIO.L research
Valuation, ownership and the screens it passes.

Common questions

Is AGL.JO or RIO.L a better buy?

Neither page nor screen can answer that for your situation, but on the numbers: our overall rating puts Rio Tinto ahead (63 to 58), and on discounted cash flow Rio Tinto looks cheaper against its own fair value. Both readings are one model's opinion, not advice.

AGL.JO vs RIO.L: which has the wider moat?

Our moat model scores AGL.JO at 58 and RIO.L at 60 out of 100. The higher score means a more durable structural advantage, which matters most over a long holding period.

Compare any two companies yourself, with financial statements and peer data, free inside the app.

Metrics from company filings and our own valuation model, both of which can be wrong. Quotes are delayed. Educational information, not financial advice.