Harmony Gold Mining Company Limited Logo

Harmony Gold Mining Company Limited

HMY

(2.2)
Stock Price

9,86 USD

8.43% ROA

2.57% ROE

14.19x PER

Market Cap.

69.218.378.763,24 USD

16.39% DER

0.67% Yield

13.08% 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 minimal amount of debt (16%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 ROE

The stock's ROE falls within an average range (14.88%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (8.43%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.76x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

7 Dividend

The company's track record of consistently paying dividends in the last three years highlights its dedication to providing investors with regular income.

8 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

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

The company's stock appears overvalued (-2.540) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds 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
1998 1.151.592.750
1999 2.255.202.684 48.94%
2000 2.976.311.531 24.23%
2001 4.889.639.050 39.13%
2002 7.866.000.000 37.84%
2003 9.019.461.150 12.79%
2004 8.671.369.050 -4.01%
2005 8.412.238.888 -3.08%
2006 9.028.586.151 6.83%
2007 9.489.058.033 4.85%
2008 9.910.890.000 4.26%
2009 11.496.000.000 13.79%
2010 11.284.000.000 -1.88%
2011 12.160.311.800 7.21%
2012 15.955.892.820 23.79%
2013 17.897.551.620 10.85%
2014 16.079.391.900 -11.31%
2015 16.537.843.640 2.77%
2016 18.692.689.280 11.53%
2017 18.430.302.000 -1.42%
2018 21.854.305.440 15.67%
2019 26.928.482.360 18.84%
2020 29.245.000.000 7.92%
2021 41.733.000.000 29.92%
2022 -74.774.227.080 155.81%
2023 49.275.000.000 251.75%

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
1998 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 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 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
1998 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 46.746.170 100%
2010 49.560.460 5.68%
2011 63.000.000 21.33%
2012 54.000.000 -16.67%
2013 526.106.620 89.74%
2014 445.765.320 -18.02%
2015 404.858.190 -10.1%
2016 414.078.560 2.23%
2017 494.598.500 16.28%
2018 869.205.330 43.1%
2019 737.766.640 -17.82%
2020 611.000.000 -20.75%
2021 1.068.000.000 42.79%
2022 1.714.811.160 37.72%
2023 1.044.000.000 -64.25%

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
1998 -38.288.250
1999 455.505.090 108.41%
2000 208.356.378 -118.62%
2001 891.113.808 76.62%
2002 2.432.250.000 63.36%
2003 2.657.185.650 8.47%
2004 141.147.550 -1782.56%
2005 1.862.108.785 92.42%
2006 1.689.387.083 -10.22%
2007 5.048.143.133 66.53%
2008 2.124.320.000 -137.64%
2009 1.873.000.000 -13.42%
2010 196.000.000 -855.61%
2011 1.754.744.600 88.83%
2012 4.330.068.200 59.48%
2013 466.547.380 -828.11%
2014 742.942.200 37.2%
2015 -5.066.861.590 114.66%
2016 1.863.353.520 371.92%
2017 364.441.000 -411.29%
2018 -979.580.610 137.2%
2019 -2.979.442.200 67.12%
2020 2.404.000.000 223.94%
2021 4.352.000.000 44.76%
2022 -21.641.986.160 120.11%
2023 7.979.000.000 371.24%

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
1998 72.453.150
1999 420.512.646 82.77%
2000 457.932.660 8.17%
2001 845.593.025 45.84%
2002 2.618.550.000 67.71%
2003 2.380.239.540 -10.01%
2004 570.727.050 -317.05%
2005 214.601.187 -165.95%
2006 1.355.710.461 84.17%
2007 2.087.049.326 35.04%
2008 929.390.000 -124.56%
2009 1.660.000.000 44.01%
2010 800.000.000 -107.5%
2011 798.852.600 -0.14%
2012 3.202.616.480 75.06%
2013 -277.943.120 1252.26%
2014 -360.857.640 22.98%
2015 -3.876.823.880 90.69%
2016 2.573.202.480 250.66%
2017 -416.504.000 717.81%
2018 -2.980.132.560 86.02%
2019 -1.972.106.980 -51.11%
2020 3.337.000.000 159.1%
2021 6.076.000.000 45.08%
2022 -177.863.353.680 103.42%
2023 9.740.000.000 1926.11%

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
1998 -18.849.600
1999 170.738.994 111.04%
2000 361.653.484 52.79%
2001 72.536.920 -398.58%
2002 1.687.050.000 95.7%
2003 643.712.580 -162.08%
2004 -515.495.400 224.87%
2005 -4.098.852.095 87.42%
2006 -1.112.910.514 -268.3%
2007 -2.081.841.815 46.54%
2008 -234.300.000 -788.54%
2009 2.927.000.000 108%
2010 -192.000.000 1624.48%
2011 587.190.800 132.7%
2012 2.785.949.540 78.92%
2013 -2.243.398.040 224.18%
2014 -1.252.388.280 -79.13%
2015 -4.858.298.280 74.22%
2016 946.465.280 613.31%
2017 221.267.750 -327.75%
2018 -4.428.808.110 105%
2019 -2.624.746.700 -68.73%
2020 -850.000.000 -208.79%
2021 5.553.000.000 115.31%
2022 -3.339.006.520 266.31%
2023 4.820.000.000 169.27%

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
1998 0
1999 3 100%
2000 4 50%
2001 1 0%
2002 8 100%
2003 4 -75%
2004 -2 300%
2005 -11 81.82%
2006 -3 -450%
2007 -5 60%
2008 -1 0%
2009 7 100%
2010 0 0%
2011 1 100%
2012 6 83.33%
2013 -5 220%
2014 -3 -150%
2015 -11 81.82%
2016 2 650%
2017 1 0%
2018 -10 100%
2019 -5 -80%
2020 -2 -400%
2021 8 112.5%
2022 -5 260%
2023 8 171.43%

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
1998 -37.699.200
1999 331.221.582 111.38%
2000 129.962.655 -154.86%
2001 -28.207.908 560.73%
2002 1.542.150.000 101.83%
2003 321.856.290 -379.14%
2004 -1.251.917.400 125.71%
2005 -2.288.152.914 45.29%
2006 -1.571.860.588 -45.57%
2007 -1.544.742.341 -1.76%
2008 -2.491.390.000 38%
2009 -370.174.850 -573.03%
2010 -1.910.000.000 80.62%
2011 -751.058.000 -154.31%
2012 1.062.092.200 170.71%
2013 -1.012.507.080 204.9%
2014 -403.311.480 -151.05%
2015 -10.072.381.030 96%
2016 2.114.758.360 576.29%
2017 -78.094.500 2807.95%
2018 -731.236.230 89.32%
2019 -354.695.500 -106.16%
2020 2.545.000.000 113.94%
2021 4.037.000.000 36.96%
2022 -2.088.165.950 293.33%
2023 2.308.000.000 190.48%

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
1998 3.534.300
1999 505.580.484 99.3%
2000 287.339.732 -75.95%
2001 394.846.285 27.23%
2002 2.277.000.000 82.66%
2003 1.317.365.280 -72.84%
2004 -380.484.700 446.23%
2005 -1.403.411.713 72.89%
2006 370.274.565 479.02%
2007 1.160.485.790 68.09%
2008 1.843.160.000 37.04%
2009 2.286.000.000 19.37%
2010 1.583.000.000 -44.41%
2011 2.321.452.000 31.81%
2012 4.452.617.300 47.86%
2013 3.255.905.120 -36.76%
2014 2.324.347.740 -40.08%
2015 24.610.470.580 90.56%
2016 4.599.229.720 -435.1%
2017 3.644.410.000 -26.2%
2018 4.180.463.730 12.82%
2019 4.681.980.600 10.71%
2020 2.545.000.000 -83.97%
2021 9.179.000.000 72.27%
2022 -4.566.859.990 300.99%
2023 9.948.000.000 145.91%

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
1998 41.233.500
1999 174.358.902 76.35%
2000 157.377.077 -10.79%
2001 423.054.193 62.8%
2002 734.850.000 42.43%
2003 995.508.990 26.18%
2004 871.432.700 -14.24%
2005 884.741.201 1.5%
2006 1.942.135.153 54.44%
2007 2.705.228.130 28.21%
2008 4.334.550.000 37.59%
2009 2.656.174.850 -63.19%
2010 3.493.000.000 23.96%
2011 3.072.510.000 -13.69%
2012 3.390.525.100 9.38%
2013 4.268.412.200 20.57%
2014 2.727.659.220 -56.49%
2015 34.682.851.610 92.14%
2016 2.484.471.360 -1295.99%
2017 3.722.504.500 33.26%
2018 4.911.699.960 24.21%
2019 5.036.676.100 2.48%
2020 0 0%
2021 5.142.000.000 100%
2022 -2.478.694.040 307.45%
2023 7.640.000.000 132.44%

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
1998 1.295.910.000
1999 1.723.076.208 24.79%
2000 2.856.291.263 39.67%
2001 4.621.321.698 38.19%
2002 8.021.250.000 42.39%
2003 8.652.694.680 7.3%
2004 20.509.352.700 57.81%
2005 19.917.451.632 -2.97%
2006 20.906.523.377 4.73%
2007 21.579.997.294 3.12%
2008 24.773.320.000 12.89%
2009 34.581.000.000 28.36%
2010 29.209.000.000 -18.39%
2011 30.383.710.000 3.87%
2012 33.921.590.880 10.43%
2013 32.142.136.520 -5.54%
2014 31.044.370.500 -3.54%
2015 26.990.546.000 -15.02%
2016 28.305.227.280 4.64%
2017 29.077.185.500 2.65%
2018 25.317.329.850 -14.85%
2019 22.700.512.000 -11.53%
2020 23.375.000.000 2.89%
2021 31.680.000.000 26.22%
2022 30.117.000.000 -5.19%
2023 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
1998 1.874.357.100
1999 2.644.342.794 29.12%
2000 5.157.577.737 48.73%
2001 8.292.665.813 37.81%
2002 14.179.500.000 41.52%
2003 15.232.036.050 6.91%
2004 29.665.532.900 48.65%
2005 30.297.071.972 2.08%
2006 31.889.729.861 4.99%
2007 36.036.238.924 11.51%
2008 36.785.100.000 2.04%
2009 36.327.000.000 -1.26%
2010 37.336.000.000 2.7%
2011 40.147.464.000 7%
2012 42.998.394.220 6.63%
2013 41.989.264.200 -2.4%
2014 40.883.047.920 -2.71%
2015 36.461.773.960 -12.13%
2016 37.193.127.800 1.97%
2017 38.604.714.500 3.66%
2018 39.486.756.420 2.23%
2019 36.888.332.000 -7.04%
2020 44.692.000.000 17.46%
2021 49.498.000.000 9.71%
2022 46.808.000.000 -5.75%
2023 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
1998 578.447.100
1999 921.266.586 37.21%
2000 2.301.286.475 59.97%
2001 3.668.678.738 37.27%
2002 6.158.250.000 40.43%
2003 6.459.580.890 4.66%
2004 9.156.180.200 29.45%
2005 10.379.620.340 11.79%
2006 10.983.206.484 5.5%
2007 14.456.241.630 24.02%
2008 12.011.780.000 -20.35%
2009 1.746.000.000 -587.96%
2010 8.127.000.000 78.52%
2011 9.763.754.000 16.76%
2012 9.076.803.340 -7.57%
2013 9.847.127.680 7.82%
2014 9.838.677.420 -0.09%
2015 9.471.227.960 -3.88%
2016 8.887.900.520 -6.56%
2017 9.527.529.000 6.71%
2018 14.169.426.570 32.76%
2019 14.187.820.000 0.13%
2020 21.317.000.000 33.44%
2021 17.818.000.000 -19.64%
2022 16.691.000.000 -6.75%
2023 22.360.000.000 25.35%

Harmony Gold Mining Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
80.45
Net Income per Share
7.87
Price to Earning Ratio
14.19x
Price To Sales Ratio
1.4x
POCF Ratio
6.87
PFCF Ratio
29.99
Price to Book Ratio
1.97
EV to Sales
1.46
EV Over EBITDA
9.03
EV to Operating CashFlow
7.24
EV to FreeCashFlow
31.22
Earnings Yield
0.07
FreeCashFlow Yield
0.03
Market Cap
69,22 Bil.
Enterprise Value
72,05 Bil.
Graham Number
100.24
Graham NetNet
-26.23

Income Statement Metrics

Net Income per Share
7.87
Income Quality
1.51
ROE
0.15
Return On Assets
0.01
Return On Capital Employed
0.02
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
0.01
Dividend Yield %
0.67
Payout Ratio
0.03
Dividend Per Share
0.04

Operating Metrics

Operating Cashflow per Share
16.24
Free CashFlow per Share
3.77
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
-12.47

Balance Sheet

Cash per Share
4,68
Book Value per Share
56,75
Tangible Book Value per Share
56.9
Shareholders Equity per Share
56.75
Interest Debt per Share
10.92
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
1995 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2016 0 0%
2017 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

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 Jared Coetzer
Head of Investor Relations
70
2 Mr. Johannes J. van Heerden CA (SA)
Group Chief Operating Officer of Business Development & Growth
70
3 Ms. Besky Maluleka-Ngunjiri CCSA, CIA
Chief Audit Executive
70
4 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
5 Ms. Marian P. Van Der Walt B.Com. (Law), L.L.B., M.B.A.
Senior Executive of Enterprise & Investor Relations
70
6 Siphamandla Mthethwa
Executive Head of Technical & Engineering
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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