Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
HMY
STRONG BUYFLAGHarmony Gold Mining Company Limited · Basic Materials · South Africa · $11.5B · Avg Vol: $82M/d
Harmony Gold is a major gold producer benefiting from safe-haven flows and geopolitical instability. However, its heavy operational concentration in South Africa exposes it to severe structural headwinds that conflict with our quality compounder philosophy.
COMPANY DESCRIPTION
Harmony Gold Mining Company Limited is a major gold mining and exploration company operating primarily in South Africa and Papua New Guinea. As South Africa's largest gold producer by volume, the company's competitive position is defined by its expertise in managing mature, deep-level underground mines and processing low-grade surface operations. It offers investors high operational leverage to gold prices while actively diversifying its portfolio toward copper-gold assets in Papua New Guinea.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | 41.7B | 42.6B | 49.3B | 61.4B | — | 13.7% |
| EPS | 9.19 | -1.72 | 7.80 | 13.86 | — | 14.7% |
| Shares | — | 616M | 617M | 618M | 633M | +2.7% |
| Debt | — | 3.6B | 3.6B | 6.2B | 2.3B | -14.0% |
| Equity | — | 31.2B | 30.0B | 34.8B | 40.8B | 9.4% |
| Op CF | — | 9.2B | 6.9B | 9.9B | 15.7B | 19.5% |
| Inv CF | — | -8.5B | -6.2B | -10.6B | -8.4B | — |
| Fin CF | — | -4.3B | -1.2B | 1.2B | -5.4B | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of HMY are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| HMY | Harmony Gold Mining Company Limited(you) | $11.5B | 97 | STRONG BUY |
| GFI.JO | Gold Fields Limited | $35.6B | 92 | STRONG BUY |
| PAN.JO | Pan African Resources PLC | $3.2B | 96 | STRONG BUY |
| DRD | DRDGOLD Limited | $2.3B | 94 | STRONG BUY |
| KIO.JO | Kumba Iron Ore Limited | $6.1B | 96 | STRONG BUY |
| SOL.JO | Sasol Limited | $7.4B | 88 | STRONG BUY |
| IMP.JO | Impala Platinum Holdings Limited | $12.2B | 72 | BUY |
| VAL.JO | Valterra Platinum Limited | $21.4B | 74 | BUY |
| NPH.JO | Northam Platinum Holdings Limited | $6.9B | 68 | BUY |
| AFE.JO | AECI Ltd | $798M | 98 | STRONG BUY |
Peer medians: ROE 5.7% · P/E 15.0x · Gross margin 24.9%