HMY Valuation

Harmony Gold Mining Company Ltd

Add to Watchlist

Advanced Chart

16.420

+0.59(3.727%)1D

HMY Relative Valuation

HMY's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, HMY is overvalued; if below, it's undervalued.

Historical Valuation

Harmony Gold Mining Company Ltd (HMY) is now in the Undervalued zone, suggesting that its current forward PE ratio of 6.17 is considered Undervalued compared with the five-year average of 8.98. The fair price of Harmony Gold Mining Company Ltd (HMY) is between 19.23 to 36.47 according to relative valuation methord. Compared to the current price of 16.42 USD , Harmony Gold Mining Company Ltd is Undervalued By 14.61%.

Relative Value

Fair Zone

19.23-36.47

Current Price：16.42

14.61%

Undervalued

5.92

Trailing

Forward

3.15

EV/EBITDA

Harmony Gold Mining Company Ltd. (HMY) has a current EV/EBITDA of 3.15. The 5-year average EV/EBITDA is 3.66. The thresholds are as follows: Strongly Undervalued below 2.21, Undervalued between 2.21 and 2.93, Fairly Valued between 4.38 and 2.93, Overvalued between 4.38 and 5.11, and Strongly Overvalued above 5.11. The current Forward EV/EBITDA of 3.15 falls within the Historic Trend Line -Fairly Valued range.

4.01

EV/EBIT

Harmony Gold Mining Company Ltd. (HMY) has a current EV/EBIT of 4.01. The 5-year average EV/EBIT is 5.22. The thresholds are as follows: Strongly Undervalued below 2.68, Undervalued between 2.68 and 3.95, Fairly Valued between 6.49 and 3.95, Overvalued between 6.49 and 7.76, and Strongly Overvalued above 7.76. The current Forward EV/EBIT of 4.01 falls within the Historic Trend Line -Fairly Valued range.

286.95

Harmony Gold Mining Company Ltd. (HMY) has a current PS of 286.95. The 5-year average PS is 3.17. The thresholds are as follows: Strongly Undervalued below -44.59, Undervalued between -44.59 and -20.71, Fairly Valued between 27.05 and -20.71, Overvalued between 27.05 and 50.93, and Strongly Overvalued above 50.93. The current Forward PS of 286.95 falls within the Strongly Overvalued range.

4.80

P/OCF

Harmony Gold Mining Company Ltd. (HMY) has a current P/OCF of 4.80. The 5-year average P/OCF is 4.45. The thresholds are as follows: Strongly Undervalued below 2.13, Undervalued between 2.13 and 3.29, Fairly Valued between 5.61 and 3.29, Overvalued between 5.61 and 6.77, and Strongly Overvalued above 6.77. The current Forward P/OCF of 4.80 falls within the Historic Trend Line -Fairly Valued range.

7.27

P/FCF

Harmony Gold Mining Company Ltd. (HMY) has a current P/FCF of 7.27. The 5-year average P/FCF is 12.55. The thresholds are as follows: Strongly Undervalued below -23.03, Undervalued between -23.03 and -5.24, Fairly Valued between 30.33 and -5.24, Overvalued between 30.33 and 48.12, and Strongly Overvalued above 48.12. The current Forward P/FCF of 7.27 falls within the Historic Trend Line -Fairly Valued range.

Harmony Gold Mining Company Ltd (HMY) has a current Price-to-Book (P/B) ratio of 3.66. Compared to its 3-year average P/B ratio of 2.33 , the current P/B ratio is approximately 57.50% higher. Relative to its 5-year average P/B ratio of 1.87, the current P/B ratio is about 96.43% higher. Harmony Gold Mining Company Ltd (HMY) has a Forward Free Cash Flow (FCF) yield of approximately 6.04%. Compared to its 3-year average FCF yield of 5.13%, the current FCF yield is approximately 17.70% lower. Relative to its 5-year average FCF yield of 5.03% , the current FCF yield is about 20.01% lower.

3.70

P/B

Median3y

2.33

Median5y

1.87

6.23

FCF Yield

Median3y

5.13

Median5y

5.03

Competitors Valuation Multiple

The average P/S ratio for HMY's competitors is 140.02, providing a benchmark for relative valuation. Harmony Gold Mining Company Ltd Corp (HMY) exhibits a P/S ratio of 286.95, which is 104.93% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

HMY.N

Harmony Gold Mining Company Ltd

Sibanye Stillwater Ltd

180.48

30.23B

AEM.N

Agnico Eagle Mines Ltd

Wheaton Precious Metals Corp

96.88

54.50%

44.97B

Performance Decomposition

Market capitalization of HMY increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.

The secondary factor is the Unknown, contributed 0.00%to the performance.

Overall, the performance of HMY in the past 1 year is driven by Unknown.