Home Compare ANTO.L vs RGLD
Stock Comparison · Structural lead, mixed market

Antofagasta vs Royal Gold: Which Stock Looks Stronger in 2026?

Royal Gold holds the cleaner structural position, with growth as the main driver and profitability adding further support. Antofagasta still has the edge on profitability, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (ANTO.L: STOXX 600, RGLD: Russell 1000).

Updated 2026-05-17

Most of the visible separation comes from growth. The overall score gap is 9 points in favour of Royal Gold, Inc..

Trajectory Similarity
0.82
Similar
Peer-set rank: #1
within Antofagasta plc's functional peer set

These two companies are linked by measured long-term financial trajectory similarity within the selected peer universe.

A solid similarity means the pair shares a clearly comparable long-term financial profile, even if individual dimensions still differ.

Most of the shared profile comes through margin consistency and revenue growth trajectory.

Similarity drivers
margin consistencyrevenue growth trajectory
What reduces the match
investment intensity
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
ANTO.L
Antofagasta plc
56
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
RGLD
Royal Gold, Inc.
65
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: ANTO.L vs RGLD Profitability 92 69 Stability 25 33 Valuation 36 59 Growth 64 97 ANTO.L RGLD
Gap Ranking
#1 Growth +33
#2 Profitability +23
#3 Valuation +23
#4 Stability +8
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ANTO.L and RGLD Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ANTO.LRGLD Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for Royal Gold, Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Growth
Both profiles are strong on growth, but Royal Gold, Inc. leads clearly.
Profitability
On profitability, the same pattern holds: both rank well, but Antofagasta plc still sits higher.
Growth — Dominant Gap
ANTO.L
64
RGLD
97
Gap+33in favour of RGLD

Growth adds another layer to the lead, with a very wide gap in revenue growth between the two companies.

What keeps the gap from being one-sided

Capital efficiency also runs the other way, with a 15.7-point ROIC edge acting as a real counterforce.

What this means for the comparison

The growth lead is clear, but pricing and profitability still pull in the other direction — the result holds, but not without friction.

Explore full peer positioning in AssetNext

Break down the ANTO.L vs RGLD comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how ANTO.L and RGLD each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.