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HMY

STRONG BUYFLAG

Harmony Gold Mining Company Limited · Basic Materials · South Africa · $11.5B · Avg Vol: $82M/d

97
StockRank
Q
74
V
81
M
40
P/E (TTM)
10.2x
ROE
33.5%
D/E
0.3x
Dividend %
45.0%
AI CONVICTION THESIS

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)

Year20212022202320242025CAGR
Revenue41.7B42.6B49.3B61.4B13.7%
EPS9.19-1.727.8013.8614.7%
Shares616M617M618M633M+2.7%
Debt3.6B3.6B6.2B2.3B-14.0%
Equity31.2B30.0B34.8B40.8B9.4%
Op CF9.2B6.9B9.9B15.7B19.5%
Inv CF-8.5B-6.2B-10.6B-8.4B
Fin CF-4.3B-1.2B1.2B-5.4B
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PRICE (1M)-2.5%
14.4215.3816.3517.3118.27May 6May 28Jun 17
SMA 50SMA 200
Close
$17.10
RSI (14)
43.1
52W High
$25.57
From 52W High
0.7%

SCORE BREAKDOWN

Quality
74
ROIC (ROA)
17.3%*89.5
ROE
33.5%96.1
GP/Assets
58.4%96.5
Op. Margin
33.3%89.4
FCF/Assets
25.0%96.5
Piotroski
51.5
Int. Cover
N/A
D/E Ratio
0.25x51.9
Current Ratio
0.54x4.4
Value
81
P/E (TTM)
10.2x84.5
EV/EBITDA
0.5x72.9
P/FCF
0.8x99.5
P/B
3.2x31.8
P/S
0.1x97.7
Div Yield
45.0%100.0
Momentum
40
52W High %
67%38.7
RS 6M
-23%32.0
SMA 50/200
0.94x20.9
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
+114%68.2
Q Growth
24%49.1

FUNDAMENTALS

Market Cap
$11.5B
P/E (Forward)
4.8x
Gross Margin
43.5%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of HMY are excluded.

TickerCompanyMkt CapStockRankSignal
HMYHarmony Gold Mining Company Limited(you)$11.5B97STRONG BUY
GFI.JOGold Fields Limited$35.6B92STRONG BUY
PAN.JOPan African Resources PLC$3.2B96STRONG BUY
DRDDRDGOLD Limited$2.3B94STRONG BUY
KIO.JOKumba Iron Ore Limited$6.1B96STRONG BUY
SOL.JOSasol Limited$7.4B88STRONG BUY
IMP.JOImpala Platinum Holdings Limited$12.2B72BUY
VAL.JOValterra Platinum Limited$21.4B74BUY
NPH.JONortham Platinum Holdings Limited$6.9B68BUY
AFE.JOAECI Ltd$798M98STRONG BUY

Peer medians: ROE 5.7% · P/E 15.0x · Gross margin 24.9%

Harmony Gold Mining Company Limited (HMY) — Stock Score Summary

Harmony Gold Mining Company Limited (HMY) has a MoatMap StockRank of 97/100 based on Quality (74/100), Value (81/100), and Momentum (40/100) factor scores. The current signal is STRONG BUY. 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.

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.

Key Financial Metrics

Price$17.10
Market Cap$11.5B
P/E (TTM)10.23
P/E (Forward)4.78
Price/Book3.16
Return on Equity33.5%
Debt/Equity25.47
Gross Margin43.5%
Operating Margin33.3%
Revenue Growth19.5%
Dividend Yield45.0%
Free Cash Flow$15.1B

Harmony Gold Mining Company Limited operates in the Gold industry, part of the Basic Materials sector (South Africa).

Frequently Asked Questions

What is Harmony Gold Mining Company Limited’s (HMY) StockRank?
MoatMap’s StockRank for Harmony Gold Mining Company Limited (HMY) is 97/100, with a Strong Buy signal. It is a composite of Quality (74), Value (81), and Momentum (40) factor ranks across MoatMap’s 20,000+ stock universe.
Does Harmony Gold Mining Company Limited have an economic moat?
Harmony Gold Mining Company Limited (HMY) has a Quality factor score of 74/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Harmony Gold Mining Company Limited a buy, hold, or sell?
MoatMap’s current signal for Harmony Gold Mining Company Limited (HMY) is Strong Buy, based on a StockRank of 97/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Harmony Gold Mining Company Limited in?
Harmony Gold Mining Company Limited (HMY) operates in the Basic Materials sector, specifically the Gold industry (South Africa).