Harmony Gold Mining Co Ltd
Harmony Gold Mining Co Ltd (HMY) is listed on NYSE and classified in Gold, part of the Basic Materials sector. It is headquartered in Randfontein, South Africa. The company is worth $10.16B and trades at 5.9x its earnings of the last twelve months; the median for its sector is 19.1x. Revenue was ZAR 61.38B in fiscal 2024, up 24.6% from the year before. Net income was ZAR 8.59B. The share price is 37.8% below its 52-week high of $26.06. It pays a dividend yielding 4.81%. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $76.6M. In that quarter, 2 of them opened or added to the position and 3 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Revenue, debt and profit are in ZAR, the currency the company reports in — not converted to dollars. Dividends are in dollars.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +301.9% over 5Y.
today you would have $5,020.39▲ +402.0%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 3 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Year-end price | $8.21 | $6.15 | $3.40 | |
| EPS | ZAR 13.64 | ZAR 7.77 | -ZAR 1.72 | |
| Dividend yield | 1.15% | 1.58% | 0.65% | 1.15% |
| Profit margin | 9.78% | 13.99% | 9.78% | -2.47% |
| ROE | 13.87% | 21.06% | 13.87% | -3.50% |
This company reports in ZAR, and the stock trades in dollars. P/E, P/S, P/B and payout would divide dollars by ZAR, so they are not shown; EPS is in ZAR. Margin, ROE and dividend yield do not depend on the currency.
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 4.8% dividend yield. Growth capped at 25%.
Median P/E of 19.1 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Basic Materials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| AAAlcoa Corp | $38.70 | 6.7x | 1.2x | 1.03% | 20.58% | $10.21B |
| GGBGerdau S.a | $5.07 | 23.0x | 0.9x | 3.55% | 4.18% | $9.95B |
| SUZSuzano S.A. | $8.53 | 6.8x | 1.1x | 0.01% | 17.61% | $10.51B |
| HBMHudbay Minerals Inc. | $21.89 |
Median of the years shown; P/E years above 200x are left out.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
3 methods answered, across 1 families.
Room for errors in the reported numbers.
+78.5% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 12.8x |
| 2.0x |
| 0.14% |
| 16.74% |
| $9.72B |
| SOLSSolstice Advanced Materials Inc. | $59.80 | 45.3x | 6.0x | 0.50% | 11.26% | $9.5B |
| HLHecla Mining Co | $14.11 | 18.3x | 3.5x | 0.14% | 22.17% | $9.48B |