Harmony Gold Mining Stock Return On Asset
| HAM Stock | EUR 9.30 0.35 3.91% |
Harmony Gold Mining fundamentals help investors to digest information that contributes to Harmony Gold's financial success or failures. It also enables traders to predict the movement of Harmony Stock. The fundamental analysis module provides a way to measure Harmony Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Harmony Gold stock.
Harmony |
Harmony Gold Mining Company Return On Asset Analysis
Harmony Gold's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Harmony Gold Return On Asset | 0.0552 |
Most of Harmony Gold's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Harmony Gold Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Harmony Gold Mining has a Return On Asset of 0.0552. This is 92.54% lower than that of the Basic Materials sector and 284.0% lower than that of the Gold industry. The return on asset for all Germany stocks is 139.43% lower than that of the firm.
Harmony Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Harmony Gold's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Harmony Gold could also be used in its relative valuation, which is a method of valuing Harmony Gold by comparing valuation metrics of similar companies.Harmony Gold is currently under evaluation in return on asset category among its peers.
Harmony Fundamentals
| Return On Equity | -0.033 | |||
| Return On Asset | 0.0552 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 2.12 B | |||
| Shares Outstanding | 618.03 M | |||
| Shares Owned By Institutions | 33.97 % | |||
| Price To Book | 1.26 X | |||
| Price To Sales | 0.04 X | |||
| Revenue | 42.65 B | |||
| Gross Profit | 9.05 B | |||
| EBITDA | (340 M) | |||
| Net Income | (1.05 B) | |||
| Cash And Equivalents | 52.12 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 3.18 B | |||
| Debt To Equity | 23.20 % | |||
| Current Ratio | 1.38 X | |||
| Book Value Per Share | 48.73 X | |||
| Cash Flow From Operations | 6.92 B | |||
| Earnings Per Share | (0.09) X | |||
| Target Price | 3.32 | |||
| Beta | 0.82 | |||
| Market Capitalization | 1.81 B | |||
| Total Asset | 46.81 B | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 46.81 B | |||
| Last Dividend Paid | 0.62 |
About Harmony Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Harmony Gold Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Harmony Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Harmony Gold Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Harmony Stock
When determining whether Harmony Gold Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Harmony Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Harmony Gold Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Harmony Gold Mining Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmony Gold Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.