Harmony Gold Mining Company Limited Logo

Harmony Gold Mining Company Limited

HAR.JO

(1.8)
Stock Price

17.386,00 ZAc

8.43% ROA

40% ROE

14.25x PER

Market Cap.

68.918.242.764,00 ZAc

16.39% DER

0.01% Yield

13.2% NPM

Harmony Gold Mining Company Limited Stock Analysis

Harmony Gold Mining Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Harmony Gold Mining Company Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (11%), which means it has a small amount of debt compared to the ownership it holds

2 Revenue Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 PBV

The stock's PBV ratio (2.06x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

4 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

5 Dividend

Investors can rely on the company's consistent dividend payments over the past three years, offering a steady stream of returns.

6 ROE

Negative ROE (-3.28%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

7 ROA

The stock's ROA (-2.16%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

8 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

9 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (10.177), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Harmony Gold Mining Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Harmony Gold Mining Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Harmony Gold Mining Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Harmony Gold Mining Company Limited Revenue
Year Revenue Growth
1997 1.151.592.750
1998 2.255.202.684 48.94%
1999 2.976.311.531 24.23%
2000 4.889.639.050 39.13%
2001 7.866.000.000 37.84%
2002 9.019.461.150 12.79%
2003 8.671.369.050 -4.01%
2004 8.412.238.888 -3.08%
2005 9.028.586.151 6.83%
2006 9.489.058.033 4.85%
2007 9.910.890.000 4.26%
2008 11.496.000.000 13.79%
2009 11.284.000.000 -1.88%
2010 12.160.311.800 7.21%
2011 15.955.892.820 23.79%
2012 17.897.551.620 10.85%
2013 16.079.391.900 -11.31%
2014 16.537.843.640 2.77%
2015 18.692.689.280 11.53%
2016 18.430.302.000 -1.42%
2017 21.854.305.440 15.67%
2018 26.928.482.360 18.84%
2019 29.245.000.000 7.92%
2020 41.733.000.000 29.92%
2021 42.645.000.000 2.14%
2022 2.922.538.572 -1359.18%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Harmony Gold Mining Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
1997 0
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 288.033 100%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Harmony Gold Mining Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
1997 0
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 46.746.170 100%
2009 49.560.460 5.68%
2010 63.000.000 21.33%
2011 54.000.000 -16.67%
2012 526.106.620 89.74%
2013 445.765.320 -18.02%
2014 404.858.190 -10.1%
2015 414.078.560 2.23%
2016 494.598.500 16.28%
2017 869.205.330 43.1%
2018 737.766.640 -17.82%
2019 611.000.000 -20.75%
2020 1.068.000.000 42.79%
2021 984.000.000 -8.54%
2022 52.236.332 -1783.75%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Harmony Gold Mining Company Limited EBITDA
Year EBITDA Growth
1997 -38.288.250
1998 455.505.090 108.41%
1999 208.356.378 -118.62%
2000 891.113.808 76.62%
2001 2.432.250.000 63.36%
2002 2.657.185.650 8.47%
2003 141.147.550 -1782.56%
2004 1.862.108.785 92.42%
2005 1.689.387.083 -10.22%
2006 5.048.143.133 66.53%
2007 2.124.320.000 -137.64%
2008 1.873.000.000 -13.42%
2009 196.000.000 -855.61%
2010 1.754.744.600 88.83%
2011 4.330.068.200 59.48%
2012 466.547.380 -828.11%
2013 742.942.200 37.2%
2014 -5.066.861.590 114.66%
2015 1.863.353.520 371.92%
2016 364.441.000 -411.29%
2017 -979.580.610 137.2%
2018 -2.979.442.200 67.12%
2019 2.404.000.000 223.94%
2020 4.352.000.000 44.76%
2021 -418.000.000 1141.15%
2022 786.634.236 153.14%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Harmony Gold Mining Company Limited Gross Profit
Year Gross Profit Growth
1997 72.453.150
1998 420.512.646 82.77%
1999 457.932.660 8.17%
2000 845.593.025 45.84%
2001 2.618.550.000 67.71%
2002 2.380.239.540 -10.01%
2003 570.727.050 -317.05%
2004 214.601.187 -165.95%
2005 1.355.710.461 84.17%
2006 2.087.049.326 35.04%
2007 929.390.000 -124.56%
2008 1.660.000.000 44.01%
2009 800.000.000 -107.5%
2010 798.852.600 -0.14%
2011 3.202.616.480 75.06%
2012 -277.943.120 1252.26%
2013 -360.857.640 22.98%
2014 -3.876.823.880 90.69%
2015 2.573.202.480 250.66%
2016 -416.504.000 717.81%
2017 -2.980.132.560 86.02%
2018 -1.972.106.980 -51.11%
2019 3.337.000.000 159.1%
2020 6.076.000.000 45.08%
2021 718.000.000 -746.24%
2022 1.014.283.548 29.21%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Harmony Gold Mining Company Limited Net Profit
Year Net Profit Growth
1997 -18.849.600
1998 170.738.994 111.04%
1999 361.653.484 52.79%
2000 72.536.920 -398.58%
2001 1.687.050.000 95.7%
2002 643.712.580 -162.08%
2003 -515.495.400 224.87%
2004 -4.098.852.095 87.42%
2005 -1.112.910.514 -268.3%
2006 -2.081.841.815 46.54%
2007 -234.300.000 -788.54%
2008 2.927.000.000 108%
2009 -192.000.000 1624.48%
2010 587.190.800 132.7%
2011 2.785.949.540 78.92%
2012 -2.243.398.040 224.18%
2013 -1.252.388.280 -79.13%
2014 -4.858.298.280 74.22%
2015 946.465.280 613.31%
2016 221.267.750 -327.75%
2017 -4.428.808.110 105%
2018 -2.624.746.700 -68.73%
2019 -878.000.000 -198.95%
2020 5.553.000.000 115.81%
2021 -1.052.000.000 627.85%
2022 334.874.208 414.15%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Harmony Gold Mining Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1997 0
1998 3 100%
1999 4 50%
2000 1 0%
2001 8 100%
2002 4 -75%
2003 -2 300%
2004 -11 81.82%
2005 -3 -450%
2006 -5 60%
2007 -1 0%
2008 7 100%
2009 0 0%
2010 1 100%
2011 6 83.33%
2012 -5 220%
2013 -3 -150%
2014 -11 81.82%
2015 2 650%
2016 1 0%
2017 -10 100%
2018 -5 -80%
2019 -2 -400%
2020 8 112.5%
2021 -2 900%
2022 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Harmony Gold Mining Company Limited Free Cashflow
Year Free Cashflow Growth
1997 -37.699.200
1998 331.221.582 111.38%
1999 129.962.655 -154.86%
2000 -28.207.908 560.73%
2001 1.542.150.000 101.83%
2002 321.856.290 -379.14%
2003 -1.251.917.400 125.71%
2004 -2.288.152.914 45.29%
2005 -1.571.860.588 -45.57%
2006 -1.544.742.341 -1.76%
2007 -2.491.390.000 38%
2008 -370.174.850 -573.03%
2009 -1.910.000.000 80.62%
2010 -751.058.000 -154.31%
2011 1.062.092.200 170.71%
2012 -1.012.507.080 204.9%
2013 -403.311.480 -151.05%
2014 -10.072.381.030 96%
2015 2.114.758.360 576.29%
2016 -78.094.500 2807.95%
2017 -731.236.230 89.32%
2018 -354.695.500 -106.16%
2019 64.116.227 653.21%
2020 4.037.000.000 98.41%
2021 710.000.000 -468.59%
2022 81.134.820 -775.09%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Harmony Gold Mining Company Limited Operating Cashflow
Year Operating Cashflow Growth
1997 3.534.300
1998 505.580.484 99.3%
1999 287.339.732 -75.95%
2000 394.846.285 27.23%
2001 2.277.000.000 82.66%
2002 1.317.365.280 -72.84%
2003 -380.484.700 446.23%
2004 -1.403.411.713 72.89%
2005 370.274.565 479.02%
2006 1.160.485.790 68.09%
2007 1.843.160.000 37.04%
2008 2.286.000.000 19.37%
2009 1.583.000.000 -44.41%
2010 2.321.452.000 31.81%
2011 4.452.617.300 47.86%
2012 3.255.905.120 -36.76%
2013 2.324.347.740 -40.08%
2014 24.610.470.580 90.56%
2015 4.599.229.720 -435.1%
2016 3.644.410.000 -26.2%
2017 4.180.463.730 12.82%
2018 4.681.980.600 10.71%
2019 272.076.317 -1620.83%
2020 9.179.000.000 97.04%
2021 6.924.000.000 -32.57%
2022 193.302.515 -3481.95%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Harmony Gold Mining Company Limited Capital Expenditure
Year Capital Expenditure Growth
1997 41.233.500
1998 174.358.902 76.35%
1999 157.377.077 -10.79%
2000 423.054.193 62.8%
2001 734.850.000 42.43%
2002 995.508.990 26.18%
2003 871.432.700 -14.24%
2004 884.741.201 1.5%
2005 1.942.135.153 54.44%
2006 2.705.228.130 28.21%
2007 4.334.550.000 37.59%
2008 2.656.174.850 -63.19%
2009 3.493.000.000 23.96%
2010 3.072.510.000 -13.69%
2011 3.390.525.100 9.38%
2012 4.268.412.200 20.57%
2013 2.727.659.220 -56.49%
2014 34.682.851.610 92.14%
2015 2.484.471.360 -1295.99%
2016 3.722.504.500 33.26%
2017 4.911.699.960 24.21%
2018 5.036.676.100 2.48%
2019 207.960.090 -2321.94%
2020 5.142.000.000 95.96%
2021 6.214.000.000 17.25%
2022 112.167.695 -5439.92%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Harmony Gold Mining Company Limited Equity
Year Equity Growth
1997 1.295.910.000
1998 1.723.076.208 24.79%
1999 2.856.291.263 39.67%
2000 4.621.321.698 38.19%
2001 8.021.250.000 42.39%
2002 8.652.694.680 7.3%
2003 20.509.352.700 57.81%
2004 19.917.451.632 -2.97%
2005 20.906.523.377 4.73%
2006 21.579.997.294 3.12%
2007 24.773.320.000 12.89%
2008 34.581.000.000 28.36%
2009 29.209.000.000 -18.39%
2010 30.383.710.000 3.87%
2011 33.921.590.880 10.43%
2012 32.142.136.520 -5.54%
2013 31.044.370.500 -3.54%
2014 26.990.546.000 -15.02%
2015 28.305.227.280 4.64%
2016 29.077.185.500 2.65%
2017 25.317.329.850 -14.85%
2018 22.700.512.000 -11.53%
2019 23.375.000.000 2.89%
2020 31.680.000.000 26.22%
2021 30.117.000.000 -5.19%
2022 34.880.000.000 13.66%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Harmony Gold Mining Company Limited Assets
Year Assets Growth
1997 1.874.357.100
1998 2.644.342.794 29.12%
1999 5.157.577.737 48.73%
2000 8.292.665.813 37.81%
2001 14.179.500.000 41.52%
2002 15.232.036.050 6.91%
2003 29.665.532.900 48.65%
2004 30.297.071.972 2.08%
2005 31.889.729.861 4.99%
2006 36.036.238.924 11.51%
2007 36.785.100.000 2.04%
2008 36.327.000.000 -1.26%
2009 37.336.000.000 2.7%
2010 40.147.464.000 7%
2011 42.998.394.220 6.63%
2012 41.989.264.200 -2.4%
2013 40.883.047.920 -2.71%
2014 36.461.773.960 -12.13%
2015 37.193.127.800 1.97%
2016 38.604.714.500 3.66%
2017 39.486.756.420 2.23%
2018 36.888.332.000 -7.04%
2019 44.692.000.000 17.46%
2020 49.498.000.000 9.71%
2021 46.808.000.000 -5.75%
2022 57.240.000.000 18.23%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Harmony Gold Mining Company Limited Liabilities
Year Liabilities Growth
1997 578.447.100
1998 921.266.586 37.21%
1999 2.301.286.475 59.97%
2000 3.668.678.738 37.27%
2001 6.158.250.000 40.43%
2002 6.459.580.890 4.66%
2003 9.156.180.200 29.45%
2004 10.379.620.340 11.79%
2005 10.983.206.484 5.5%
2006 14.456.241.630 24.02%
2007 12.011.780.000 -20.35%
2008 1.746.000.000 -587.96%
2009 8.127.000.000 78.52%
2010 9.763.754.000 16.76%
2011 9.076.803.340 -7.57%
2012 9.847.127.680 7.82%
2013 9.838.677.420 -0.09%
2014 9.471.227.960 -3.88%
2015 8.887.900.520 -6.56%
2016 9.527.529.000 6.71%
2017 14.169.426.570 32.76%
2018 14.187.820.000 0.13%
2019 21.317.000.000 33.44%
2020 17.818.000.000 -19.64%
2021 16.691.000.000 -6.75%
2022 22.360.000.000 25.35%

Harmony Gold Mining Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
79.73
Net Income per Share
7.8
Price to Earning Ratio
14.25x
Price To Sales Ratio
1.4x
POCF Ratio
6.91
PFCF Ratio
29.86
Price to Book Ratio
1.98
EV to Sales
1.46
EV Over EBITDA
8.99
EV to Operating CashFlow
7.21
EV to FreeCashFlow
31.09
Earnings Yield
0.07
FreeCashFlow Yield
0.03
Market Cap
68,92 Bil.
Enterprise Value
71,75 Bil.
Graham Number
99.35
Graham NetNet
-26.16

Income Statement Metrics

Net Income per Share
7.8
Income Quality
1.51
ROE
0.15
Return On Assets
0.18
Return On Capital Employed
0.31
Net Income per EBT
0.77
EBT Per Ebit
0.86
Ebit per Revenue
0.2
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.23
Operating Profit Margin
0.2
Pretax Profit Margin
0.17
Net Profit Margin
0.13

Dividends

Dividend Yield
0
Dividend Yield %
0.01
Payout Ratio
0.03
Dividend Per Share
0.75

Operating Metrics

Operating Cashflow per Share
16.1
Free CashFlow per Share
3.73
Capex to Operating CashFlow
-0.77
Capex to Revenue
-0.16
Capex to Depreciation
-2.21
Return on Invested Capital
0.13
Return on Tangible Assets
0.08
Days Sales Outstanding
17.74
Days Payables Outstanding
48.36
Days of Inventory on Hand
30.14
Receivables Turnover
20.57
Payables Turnover
7.55
Inventory Turnover
12.11
Capex per Share
-12.36

Balance Sheet

Cash per Share
4,47
Book Value per Share
56,24
Tangible Book Value per Share
56.39
Shareholders Equity per Share
56.24
Interest Debt per Share
10.82
Debt to Equity
0.16
Debt to Assets
0.1
Net Debt to EBITDA
0.35
Current Ratio
1.26
Tangible Asset Value
34,85 Bil.
Net Current Asset Value
-13,68 Bil.
Invested Capital
0.16
Working Capital
1,81 Bil.
Intangibles to Total Assets
0
Average Receivables
2,04 Bil.
Average Payables
4,87 Bil.
Average Inventory
3041500000
Debt to Market Cap
0.08

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Harmony Gold Mining Company Limited Dividends
Year Dividends Growth
2000 120
2001 120 0%
2002 430 72.03%
2003 275 -56%
2004 33 -733.33%
2009 50 34%
2010 50 0%
2011 60 16.67%
2012 88 31.03%
2013 50 -74%
2016 50 0%
2017 85 41.18%
2021 137 37.96%
2022 62 -120.97%
2023 75 17.33%

Harmony Gold Mining Company Limited Profile

About Harmony Gold Mining Company Limited

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. It also explores for uranium, silver, copper, and molybdenum deposits. The company has nine underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface treatment operations in South Africa. It also owns interests in the Hidden Valley, an open-pit gold and silver mine; and Wafi-Golpu, a project in Morobe Province in Papua New Guinea. The company was incorporated in 1950 and is headquartered in Randfontein, South Africa.

CEO
Mr. Peter William Steenkamp
Employee
34.913
Address
Randfontein Office park
Randfontein, 1759

Harmony Gold Mining Company Limited Executives & BODs

Harmony Gold Mining Company Limited Executives & BODs
# Name Age
1 Ms. Besky Maluleka-Ngunjiri CCSA, CIA
Chief Audit Executive
70
2 Mr. Johannes J. van Heerden CA (SA)
Group Chief Operating Officer of Business Development & Growth
70
3 Siphamandla Mthethwa
Executive Head of Technical & Engineering
70
4 Jared Coetzer
Head of Investor Relations
70
5 Ms. Marian P. Van Der Walt B.Com. (Law), L.L.B., M.B.A.
Senior Executive of Enterprise & Investor Relations
70
6 Mr. Harry Ephraim Mashego B.A. Ed., B.A. (Hons.), G.E.D.P., J.M.D., P.
Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director
70
7 Mr. Peter William Steenkamp
Chief Executive Officer & Executive Director
70
8 Ms. Boipelo Pride Lekubo BComm, BComm (UCT), CA(SA)
Financial Director & Executive Director
70
9 Mr. Beyers B. Nel BEng, BSc, MBA
Group Chief Operating Officer of Operations
70
10 Mr. Anton Z. Buthelezi BTech
Senior Executive of Human Capital
70

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