CHARGED ALPHATMFrontier AI stock research

HMY · NYSE

Harmony Gold Mining Company Limited

Gold · South Africa

USD 19.92-0.3% daily changeQuote 2026-09-18 · USD
Market cap (USD)
US$12.45B
Trailing P/E
7.04x
Forward P/E
6.08x
Quarterly revenue growth
49.2%
Trailing net margin
29.6%
Indicated dividend yield
2.1%

Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Company background

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australia. The company explores for gold, uranium, silver, and copper deposits. It has nine underground operations in the Witwatersrand Basin; the Kraaipan Greenstone Belt; and various surface source operations in South Africa. In addition, the company owns interests in the Hidden Valley, an open-pit gold and silver mine; and the Wafi-Golpu project located in Morobe Province in Papua New Guinea. Further, it holds interest in Eva Copper Project located in Queensland, Australia. Harmony Gold Mining Company Limited was incorporated in 1950 and is based in Randfontein, South Africa.

Company website

FY2026

Go beyond the headline.

Harmony Gold (HMY): A Record Gold Year, And The Stock Still Fell 6%

Published 2026-08-28

Comparable businesses

HMY peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricHMYHarmony Gold Mining Company LimitedSnapshot 2026-09-20Financial period: 2026-06-30CDECoeur Mining, Inc.Snapshot 2026-09-20Financial period: 2026-06-30PAASPan American Silver Corp.Snapshot 2026-09-20Financial period: 2026-06-30Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$12.45BUS$20.31BUS$20.73BUS$20.52Bn=2
Forward P/EProvider forward earnings estimate6.08x9.74x10.76x10.25xn=2
EV / EBITDAEnterprise value / trailing EBITDA12.26x9.41x10.83xn=2
Revenue growthLatest quarter vs prior-year quarter49.2%125.9%38.4%82.1%n=2
Operating marginLatest reported quarter47.2%19.4%37.8%28.6%n=2
Free cash flow yieldTrailing cash flow / market cap3.9%6.4%5.1%n=2
Net debt / EBITDANet debt / trailing EBITDA0.02x-0.21x-0.41x-0.31xn=2
Debt / equityTotal debt / positive book equity0.13x0.07x0.11x0.09xn=2
Trailing P/ETrailing twelve-month earnings7.04x16.61x14.79x15.70xn=2
Price / bookPrice / positive book equity per share2.68x1.95x2.83x2.39xn=2
EV / salesEnterprise value / trailing revenue6.30x4.63x5.47xn=2
Earnings growthLatest quarter vs prior-year quarter198.8%7.6%38.5%23.1%n=2
Gross marginTrailing twelve months49.6%56.3%55.9%56.1%n=2
Net marginTrailing twelve months29.6%26.8%32.0%29.4%n=2
Return on equityProvider trailing return; positive equity only48.0%12.8%22.4%17.6%n=2
Free cash flow marginTrailing free cash flow / revenue9.9%25.1%30.6%27.8%n=2
Dividend yieldIndicated annual dividend / price2.1%0.2%1.5%0.8%n=2
Earnings payoutProvider trailing dividend payout14.9%1.7%18.3%10.0%n=2
Current ratioCurrent assets / current liabilities0.84x3.65x2.94x3.30xn=2
BetaProvider historical market sensitivity0.811.391.591.49n=2

Choose a comparison stock

Search covered companies, or search all listed stocks.

Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

Reporting period
Financial history
Chart style
Comparison stocks

Financial statements load separately from the research page.

Market context

Valuation & price history

Adjusted closing price

Price history

Price history loads separately.

Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for HMY

All available reporting periods
FY20262026-08-28

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.