Stock AnalizHarmony Gold Mining Co. Ltd. HMY
Precious Metals · data as of November 13, 2026
Harmony Gold Mining Co. Ltd. (HMY) is a materials company listed in the US with a market value of about $9.6B. In fiscal year 2026 it had revenue of $5.9B and net income of $1.7B, a net margin of 29.6%.
Its overall Stock Analiz score is 3.6 out of 5 (good). The strongest part is future growth (5/5); the weakest is track record (2/5).
Key numbers: a P/E of 5.5, a price to free cash flow of 10.3, 5-year revenue growth of 20% a year, a 5-year average ROIC of 15%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 2% above the current price.
Score: 3.6 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
Checks not passed
- PEG below 1.5
- 5-year EPS growth above 10% a year
- Profitable 5 years in a row
- ROE above 15%
- Interest covered more than 5 times
- Share count down over 3 years (buybacks)
- Stock-based pay below 5% of revenue
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.9B | $4.2B | $3.4B | $2.6B | $2.6B | $2.9B | $1.7B | $1.9B | $1.5B | $1.5B |
| Net income | $1.7B | $809M | $471M | $255M | -$64M | $355M | -$51M | -$184M | -$325M | $28M |
| Free cash flow | $931M | $607M | $398M | $122M | $43M | $282M | $64M | -$25M | -$49M | -$7M |
| EPS (diluted) | $2.73 | $1.27 | $0.74 | $0.40 | $-0.10 | $0.56 | $-0.08 | $-0.29 | $-0.51 | $0.04 |
| Net margin | 29.6% | 19.5% | 14.0% | 9.8% | -2.5% | 12.2% | -3.0% | -9.7% | -21.9% | 1.9% |
| ROIC | — | 27.8% | 20.2% | 13.0% | -2.2% | 15.0% | -0.9% | -8.5% | -14.3% | -2.7% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
Frequently asked questions
What is Harmony Gold Mining Co.’s P/E ratio?
About 5.5, based on the last twelve months of diluted earnings per share (forward P/E about 4.6).
Is Harmony Gold Mining Co. stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 2% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Harmony Gold Mining Co. pay a dividend?
Yes. The dividend yield is about 5.17%, and it has paid dividends for 8 years in our data.
Is Harmony Gold Mining Co. a good stock to buy?
We do not give buy or sell advice. Harmony Gold Mining Co. scores 3.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.