Harmony Gold Mining Stock Price To Book
| HMY Stock | ARS 10,700 100.00 0.94% |
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 Price To Book Analysis
Harmony Gold's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Harmony Gold Price To Book | 2.48 X |
Most of Harmony Gold's fundamental indicators, such as Price To Book, 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.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Harmony Gold Mining has a Price To Book of 2.477 times. This is 79.66% lower than that of the Basic Materials sector and 113.47% lower than that of the Gold industry. The price to book for all Argentina stocks is 73.95% higher than that of the company.
Harmony Price To Book 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 Price To Book 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 price to book 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 | 383.36 B | |||
| Shares Outstanding | 618.03 M | |||
| Price To Book | 2.48 X | |||
| Price To Sales | 15.64 X | |||
| Revenue | 42.65 B | |||
| Gross Profit | 9.05 B | |||
| EBITDA | (340 M) | |||
| Net Income | (1.05 B) | |||
| Total Debt | 3.18 B | |||
| Book Value Per Share | 48.73 X | |||
| Cash Flow From Operations | 6.92 B | |||
| Earnings Per Share | 22.05 X | |||
| Number Of Employees | 41 | |||
| Beta | 0.82 | |||
| Market Capitalization | 758.01 B | |||
| Total Asset | 46.81 B | |||
| Annual Yield | 0 % | |||
| 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.