Harmony Gold Net Worth

Harmony Gold Net Worth Breakdown

  HMY
The net worth of Harmony Gold Mining is the difference between its total assets and liabilities. Harmony Gold's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Harmony Gold's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Harmony Gold's net worth can be used as a measure of its financial health and stability which can help investors to decide if Harmony Gold is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Harmony Gold Mining stock.

Harmony Gold Net Worth Analysis

Harmony Gold's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Harmony Gold's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Harmony Gold's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Harmony Gold's net worth analysis. One common approach is to calculate Harmony Gold's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Harmony Gold's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Harmony Gold's net worth. This approach calculates the present value of Harmony Gold's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Harmony Gold's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Harmony Gold's net worth. This involves comparing Harmony Gold's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Harmony Gold's net worth relative to its peers.

Enterprise Value

37.64 Billion

To determine if Harmony Gold is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Harmony Gold's net worth research are outlined below:
Harmony Gold Mining had very high historical volatility over the last 90 days
Harmony Gold Mining is unlikely to experience financial distress in the next 2 years
Harmony Gold Mining has a very strong financial position based on the latest SEC filings
Latest headline from news.google.com: Harmony Gold Mining Co Ltd Shares Up 4.35 percent on Jan 24 - GuruFocus.com

Harmony Gold Target Price Consensus

Harmony target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Harmony Gold's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   One  Hold
Most Harmony analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Harmony stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Harmony Gold Mining, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Harmony Gold Target Price Projection

Harmony Gold's current and average target prices are 11.35 and 10.76, respectively. The current price of Harmony Gold is the price at which Harmony Gold Mining is currently trading. On the other hand, Harmony Gold's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Harmony Gold Market Quote on 31st of January 2025

Low Price11.13Odds
High Price11.44Odds

11.35

Target Price

Analyst Consensus On Harmony Gold Target Price

Low Estimate9.79Odds
High Estimate11.94Odds

10.761

Historical Lowest Forecast  9.79 Target Price  10.76 Highest Forecast  11.94
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Harmony Gold Mining and the information provided on this page.

Know Harmony Gold's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Harmony Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Harmony Gold Mining backward and forwards among themselves. Harmony Gold's institutional investor refers to the entity that pools money to purchase Harmony Gold's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Qube Research & Technologies2024-09-30
1.8 M
Millennium Management Llc2024-09-30
1.7 M
Mackenzie Investments2024-09-30
1.4 M
Bank Of America Corp2024-09-30
1.2 M
Amundi2024-09-30
1.2 M
Mirae Asset Global Etfs Holdings Ltd.2024-09-30
M
Lazard Asset Management Llc2024-09-30
944.7 K
Connor Clark & Lunn Inv Mgmt Ltd2024-09-30
792.3 K
Ci Investments Inc2024-09-30
766.8 K
Van Eck Associates Corporation2024-09-30
68.9 M
Exor Investments (uk) Llp2024-09-30
20.9 M
Note, although Harmony Gold's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Harmony Gold's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 7.06 B.

Market Cap

36.35 Billion

Project Harmony Gold's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.16  0.17 
Return On Capital Employed 0.27  0.28 
Return On Assets 0.16  0.17 
Return On Equity 0.24  0.25 
The company has Net Profit Margin of 0.14 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.23 %, which entails that for every 100 dollars of revenue, it generated $0.23 of operating income.
When accessing Harmony Gold's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Harmony Gold's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Harmony Gold's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Harmony Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Harmony Gold Mining. Check Harmony Gold's Beneish M Score to see the likelihood of Harmony Gold's management manipulating its earnings.

Evaluate Harmony Gold's management efficiency

Harmony Gold Mining has Return on Asset of 0.1527 % which means that on every $100 spent on assets, it made $0.1527 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2292 %, implying that it generated $0.2292 on every 100 dollars invested. Harmony Gold's management efficiency ratios could be used to measure how well Harmony Gold manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.17 in 2025. Return On Capital Employed is likely to rise to 0.28 in 2025. At this time, Harmony Gold's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to rise to about 1.1 B in 2025, whereas Total Assets are likely to drop slightly above 36.6 B in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 59.50  45.94 
Tangible Book Value Per Share 59.47  44.36 
Enterprise Value Over EBITDA 7.07  6.72 
Price Book Value Ratio 2.93  3.08 
Enterprise Value Multiple 7.07  6.72 
Price Fair Value 2.93  3.08 
Enterprise Value35.8 B37.6 B
Harmony Gold Mining has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Enterprise Value Revenue
2.0731
Revenue
61.4 B
Quarterly Revenue Growth
0.152
Revenue Per Share
99.088
Return On Equity
0.2292

Harmony Gold Corporate Filings

23rd of January 2025
Other Reports
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6K
17th of January 2025
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
31st of October 2024
Other Reports
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15th of August 2024
Other Reports
ViewVerify
Harmony Gold time-series forecasting models is one of many Harmony Gold's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Harmony Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Harmony Gold Earnings per Share Projection vs Actual

Harmony Gold Corporate Directors

BA EdExecutive DirectorProfile
Boipelo LekuboFinance Director, Executive DirectorProfile
Max SisuluNon-Executive Independent DirectorProfile
Joaquim ChissanoNon-Executive Independent DirectorProfile

Additional Tools for Harmony Stock Analysis

When running Harmony Gold's price analysis, check to measure Harmony Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harmony Gold is operating at the current time. Most of Harmony Gold's value examination focuses on studying past and present price action to predict the probability of Harmony Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Gold's price. Additionally, you may evaluate how the addition of Harmony Gold to your portfolios can decrease your overall portfolio volatility.