Value Sense
HMY

Harmony Gold Mining Company Limited (HMY)

Last Price$11.89.1%
Market Cap$7,490.4M

HMY Rating

HMY Quality rating
7.5
How this score works?
HMY Quality rating performance

HMY Intrinsic Value

Key Highlights:
Relative Value vs Current Share Price
As of Mar 07, 2025 HMY Relative Value is $7.3, which is overvalued by 38.6%, compared to current share price of $11.8.
DCF Value vs Current Share Price
As of Mar 07, 2025 HMY DCF Value is N/A, which is undervalued by N/A, compared to current share price of $11.8.
Methodology
Price per share, $
HMY
Intrinsic value$7.2
Overvalued by39.4%
Current share price
11.8
Relative value
7.3
DCF value
not available

HMY Share Price History

1W 19.0%
1M (1.3%)
6M 33.5%
YTD 97.0%
1Y 68.4%
3Y 132.2%
5Y 235.4%
10Y 584.4%
Share Price
Intrinsic Value
Drawdown
Total Return
vs SP500
vs NASDAQ
Crunching data... Almost there!

HMY Stock Metrics

Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Base
Market Cap
$7,490.4M
Enterprise Value
$7,357.9M
LTM Revenue
ZAR 104.0B
LTM Free Cash Flow
ZAR 11.7B
Shares Outstanding
633M
Employees
N/A
Growth (CAGR)
Revenue 5Y
33.2%
Operating Income 5Y
74.2%
EPS 5Y
N/A
Free Cash Flow 5Y
115.4%
Forward Revenue 2Y
(93.7%)
Forward EPS 2Y
(90.03%)
Profitability
Gross margin
27.7%
EBIT margin
23.3%
Net income margin
14.0%
OCF margin
25.1%
FCF margin
11.3%
FCF / Net Income
80.5%
Intrinsic Value
Intrinsic Value
$7.2 (39.4% overvalued)
DCF Value
N/A
Relative Value
$7.2
Peter Lynch fair value
($80.8)
Ben Graham fair value
($91.5)
Reverse DCF (implied FCF growth)
1.6%
EPV, % of EV
120.8%
Valuation (LTM)
EV / Revenue
1.3x
EV / EBIT
5.6x
P / FCF
11.8x
P / E
9.5x
P / BV
3.4x
PEG
(0.1x)
FCF Yield
8.5%
Return on Capital
ROE
36.0%
ROA
24.2%
ROIC
42.6%
ROCE
35.9%
ROE 5Y avg
5.2%
ROIC 5Y avg
11.5%
ROCE 5Y avg
11.5%
Financial Health
Cash & Short-term Investments
ZAR 4,732.0M
Net Debt
(ZAR 2,441.0M)
Net Debt / FCF
(0.2x)
EBIT / Interest
17.6x
Total Debt / Equity
5.6%
Dividends
Dividends per share (DPS)
ZAR 2.9
DPS 5Y CAGR
N/A
Dividend Yield
1.3%
FCF Payout ratio
15.7%
Ex-dividend date
Oct 11, 2024
Earnings
Next earnings date
Jan 25, 2024
Last Revenue surprise
BEAT by 6.5%
Last EPS surprise
MISS by 0.0%
Next EPS YoY growth
(2,346.7%)
Last 10 earnings
1 Beat & 9 Miss

HMY Stock Financials

HMY Income Statement Metrics

Annual
Quarterly
LTM

Revenue

$3,264.6M +24.6% YoY

Operating Income

$621.0M +64.6% YoY

Net Income

$456.7M +78.2% YoY

HMY Cash Flow Statement Metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$832.4M +130.8% YoY

Capital Expenditure (CAPEX)

($446.7M) +36.5% YoY

Free Cash Flow (FCF)

$385.7M +1,398.3% YoY

HMY Income Statement Overview

Annual
Quarterly
LTM
Jun'15
Jun'16
Jun'17
Jun'18
Jun'19
Jun'20
Jun'21
Jun'22
Jun'23
Jun'24
Revenue
$3,264.6M 24.6% YoY
Gross profit
$752.4M 45.2% YoY
23.0% margin
Cost of revenue
$2,512.2M 19.5% YoY
Operating income
$621.0M 64.6% YoY
19.0% margin
Other: $10.6M
Net interest: $5,637.8K
Operating expenses
$131.4M 35.9% YoY
Pre-tax income
$626.0M 78.2% YoY
19.2% margin
Net income
$456.7M 78.2% YoY
14.0% margin
Income tax
$163.9M
26.2% tax rate
SG&A
$68.8M 23.9% YoY
2.1% of revenue

HMY Balance Sheet Overview

Annual
Quarterly
LTM
Jun'15
Jun'16
Jun'17
Jun'18
Jun'19
Jun'20
Jun'21
Jun'22
Jun'23
Jun'24
Assets
Liabilities
Total assets
$3,326.1M
Current assets ($632.5M, 19.0% of total)
Cash & ST investments
$260.3M (7.8%)
Accounts receivables
$123.7M (3.7%)
Other current assets
$248.4M (7.5%)
Non-current assets ($2,693.6M, 81.0% of total)
Intangible assets
$1,045.2K (0.0%)
Other non-current assets
$404.0M (12.1%)
Financial position
Net Debt
($134.3M)
$260.3M$126.0M
Cash & Short-term Investments
Total Debt
Quick ratio
0.9x
Net Debt to Free Cash Flow
(0.3x)
Debt to Equity ratio
5.6%

HMY Stock Ratios

Annual
Quarterly
LTM
Industry Median
5Y Historical Average
Benchmark
Revenue growth
EPS growth
Gross margin
Free Cash Flow margin
Net Debt to FCF
FCF to Interest
ROIC
Shareholder yield

HMY Earnings Surprises

Crunching data... Almost there!

HMY Dividends

HMY Dividend Yield

Crunching data... Almost there!

HMY Dividend Per Share

3Y
10Y
30Y
Annual
Quarterly
LTM
1Y Growth
2,244.3%
3Y CAGR
77.3%
5Y CAGR
N/A
10Y CAGR
N/A

Competing with HMY

Overview
Ratings
Intrinsic Value
Valuation
Growth
Profitability
Health
Capital allocation
Momentum
Earnings
Dividends
Company name
Market Cap
Quality rating
Intrinsic value
1Y Return
Revenue
Free Cash Flow
Revenue growth
FCF margin
Gross margin
ROIC
Total Debt to Equity
HMY
$7,490.4M
7.5
$7.2
39.4% overvalued
68.4%
ZAR 104.0B
ZAR 11.7B
53.1%
11.3%
27.7%
42.6%
5.6%
NEM
$50.3B
7.0
$66.3
51.2% undervalued
31.6%
$12.9B
$3,802.0M
9.7%
29.4%
30.6%
14.8%
0.0%
AEM
$49.4B
7.3
$56.3
43.0% overvalued
84.8%
$8,294.5M
$2,123.7M
24.3%
25.6%
43.3%
4.9%
6.2%
GOLD
$32.6B
5.6
$34.5
85.2% undervalued
18.9%
$12.9B
$1,403.4M
13.1%
10.9%
36.5%
3.9%
15.8%
WPM
$32.0B
7.2
$21.8
69.1% overvalued
61.0%
$1,224.9M
($53.8M)
30.5%
(4.4%)
60.0%
9.1%
0.1%
FNV
$27.6B
5.7
$42.3
70.5% overvalued
29.2%
$1,099.7M
$385.2M
(11.0%)
35.0%
70.6%
12.0%
0.0%
GFI
$18.2B
7.0
$17.1
15.3% overvalued
33.6%
$9,702.3M
$1,243.7M
14.4%
12.8%
43.5%
42.0%
54.9%
AU
$14.4B
6.7
$66.3
110.6% undervalued
44.5%
$7,069.0M
$966.0M
3.8%
13.7%
33.0%
9.0%
25.9%
KGC
$14.0B
7.3
$10.4
6.8% overvalued
107.6%
$5,155.2M
$1,240.3M
20.7%
24.1%
38.6%
11.2%
20.7%
RGLD
$10.1B
7.3
$85.0
44.9% overvalued
39.7%
$669.5M
$436.5M
8.7%
65.2%
62.4%
9.6%
0.0%
AGI
$9,915.6M
7.1
$16.3
31.5% overvalued
77.3%
$1,345.6M
$234.2M
30.6%
17.4%
43.3%
7.4%
8.0%

FAQ

What is Harmony Gold Mining Company Limited (HMY) stock rating?

As of today, Harmony Gold Mining Company Limited has a stock rating of 7 (out of 10), which is considered Great.

is Harmony Gold Mining Company Limited (HMY) a good stock to buy?

As of today, Harmony Gold Mining Company Limited has a Great stock rating, which is 39.4% overvalued. According to Value Sense backtesting, stocks with similar profile tend to outperform the market by 0.5%.