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HMY · NYSE

Harmony Gold Mining Company Limited

Gold · South Africa

USD 15.205.2% daily changeQuote 2026-11-02 · USD
Market cap (USD)
US$9.53B
Trailing P/E
5.55x
Forward P/E
4.60x
Quarterly revenue growth
49.2%
Trailing net margin
29.6%
Indicated dividend yield
5.1%

Snapshot 2026-11-03 · 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, processing, and sale of mineral products in South Africa, Papua New Guinea, and Australia. The company explores for gold, uranium, silver, and copper deposits. It holds interest in CSA copper mine located in New South Wales, Sydney; Eva copper project, an iron oxide-copper gold resource with 16 exploration tenements located in Northwest Queensland, Australia; and Hidden Valley and Papua New Guinea projects situated in Morobe Province, Papua New Guinea. In addition, the company has nine underground mines in Doornkop, Kusasalethu, Mponeng, and Savuka in Gauteng; Kalgold, Mine Waste Solutions, and Moab Khotsong in Northwest, South Africa; and Central Plant Reclamation, Joel, Masimong, Phoenix, Target 1, Tshepong North, and Tshepong South in Free State, South Africa. 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 2026-11-03Financial period: 2026-06-30CDECoeur Mining, Inc.Snapshot 2026-11-03Financial period: 2026-06-30PAASPan American Silver Corp.Snapshot 2026-11-03Financial period: 2026-06-30Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$9.53BUS$13.69BUS$16.14BUS$14.91Bn=2
Forward P/EProvider forward earnings estimate4.60x7.24x9.09x8.17xn=2
EV / EBITDAEnterprise value / trailing EBITDA—8.20x7.24x7.72xn=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 cap—5.8%8.2%7.0%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 earnings5.55x11.19x11.25x11.22xn=2
Price / bookPrice / positive book equity per share2.07x1.32x2.21x1.76xn=2
EV / salesEnterprise value / trailing revenue—4.21x3.56x3.89xn=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 / price5.1%0.3%1.9%1.1%n=2
Earnings payoutProvider trailing dividend payout15.3%1.7%18.3%10.0%n=2
Current ratioCurrent assets / current liabilities0.84x3.65x2.94x3.30xn=2
BetaProvider historical market sensitivity0.911.441.611.52n=2

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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

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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 2026-11-03. 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.