HARMONY GOLD MNG-SPON ADR (HMY)
US4132163001 - ADR
Overall HMY gets a fundamental rating of 7 out of 10. We evaluated HMY against 157 industry peers in the Metals & Mining industry. HMY has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on HMY. These ratings would make HMY suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year HMY was profitable.
In the past year HMY had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: HMY reported negative net income in multiple years.
In the past 5 years HMY always reported a positive cash flow from operatings.
1.2 Ratios
HMY's Return On Assets of 14.89% is amongst the best of the industry. HMY outperforms 95.54% of its industry peers.
With an excellent Return On Equity value of 22.35%, HMY belongs to the best of the industry, outperforming 94.90% of the companies in the same industry.
HMY's Return On Invested Capital of 16.96% is amongst the best of the industry. HMY outperforms 96.82% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HMY is in line with the industry average of 8.91%.
The last Return On Invested Capital (16.96%) for HMY is above the 3 year average (9.93%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.89% | ||
| ROE | 22.35% | ||
| ROIC | 16.96% |
ROA(3y)5.53%
ROA(5y)1.51%
ROE(3y)8.9%
ROE(5y)2.28%
ROIC(3y)9.93%
ROIC(5y)7.4%
1.3 Margins
HMY's Profit Margin of 15.50% is amongst the best of the industry. HMY outperforms 88.53% of its industry peers.
HMY's Operating Margin of 21.35% is amongst the best of the industry. HMY outperforms 82.80% of its industry peers.
In the last couple of years the Operating Margin of HMY has grown nicely.
Looking at the Gross Margin, with a value of 26.04%, HMY is in the better half of the industry, outperforming 67.52% of the companies in the same industry.
In the last couple of years the Gross Margin of HMY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.35% | ||
| PM (TTM) | 15.5% | ||
| GM | 26.04% |
OM growth 3Y26.16%
OM growth 5Y19.49%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y19.75%
GM growth 5Y11.06%
2. Health
2.1 Basic Checks
HMY has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
HMY has more shares outstanding than it did 1 year ago.
HMY has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, HMY has a worse debt to assets ratio.
2.2 Solvency
HMY has an Altman-Z score of 4.86. This indicates that HMY is financially healthy and has little risk of bankruptcy at the moment.
HMY's Altman-Z score of 4.86 is fine compared to the rest of the industry. HMY outperforms 73.25% of its industry peers.
The Debt to FCF ratio of HMY is 0.56, which is an excellent value as it means it would take HMY, only 0.56 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.56, HMY belongs to the best of the industry, outperforming 89.81% of the companies in the same industry.
HMY has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
HMY has a better Debt to Equity ratio (0.08) than 61.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.56 | ||
| Altman-Z | 4.86 |
ROIC/WACC1.07
WACC15.82%
2.3 Liquidity
HMY has a Current Ratio of 1.62. This is a normal value and indicates that HMY is financially healthy and should not expect problems in meeting its short term obligations.
HMY's Current ratio of 1.62 is on the low side compared to the rest of the industry. HMY is outperformed by 68.79% of its industry peers.
HMY has a Quick Ratio of 1.11. This is a normal value and indicates that HMY is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.11, HMY is doing worse than 62.42% of the companies in the same industry.
The current and quick ratio evaluation for HMY is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1513.09% over the past year.
The Revenue has grown by 30.66% in the past year. This is a very strong growth!
The Revenue has been growing by 19.23% on average over the past years. This is quite good.
EPS 1Y (TTM)1513.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%221.4%
Revenue 1Y (TTM)30.66%
Revenue growth 3Y18.99%
Revenue growth 5Y19.23%
Sales Q2Q%35.07%
3.2 Future
The Earnings Per Share is expected to grow by 38.00% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 12.76% on average over the next years. This is quite good.
EPS Next Y111.37%
EPS Next 2Y71.45%
EPS Next 3Y38%
EPS Next 5YN/A
Revenue Next Year29.19%
Revenue Next 2Y19.66%
Revenue Next 3Y12.76%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.61, the valuation of HMY can be described as very reasonable.
Based on the Price/Earnings ratio, HMY is valued cheaply inside the industry as 84.08% of the companies are valued more expensively.
HMY's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.41.
A Price/Forward Earnings ratio of 6.94 indicates a rather cheap valuation of HMY.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HMY indicates a rather cheap valuation: HMY is cheaper than 91.72% of the companies listed in the same industry.
HMY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.61 | ||
| Fwd PE | 6.94 |
4.2 Price Multiples
HMY's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HMY is cheaper than 78.98% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HMY indicates a somewhat cheap valuation: HMY is cheaper than 78.34% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.15 | ||
| EV/EBITDA | 6.31 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HMY has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as HMY's earnings are expected to grow with 38.00% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y71.45%
EPS Next 3Y38%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.17%, HMY has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.66, HMY pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.17, HMY pays less dividend than the S&P500 average, which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
5.2 History
The dividend of HMY decreases each year by -24.26%.
HMY has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of HMY decreased in the last 3 years.
Dividend Growth(5Y)-24.26%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
HMY pays out 5.56% of its income as dividend. This is a sustainable payout ratio.
DP5.56%
EPS Next 2Y71.45%
EPS Next 3Y38%
HARMONY GOLD MNG-SPON ADR
NYSE:HMY (7/26/2024, 7:04:00 PM)
After market: 8.88 +0.06 (+0.68%)8.82
+0.34 (+4.01%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.58B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.61 | ||
| Fwd PE | 6.94 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.89% | ||
| ROE | 22.35% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 21.35% | ||
| PM (TTM) | 15.5% | ||
| GM | 26.04% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)1513.09%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y111.37%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)30.66%
Revenue growth 3Y18.99%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y