Harmony Gold Valuation

HMY Stock  USD 8.02  0.24  3.08%   
At this time, the firm appears to be overvalued. Harmony Gold Mining retains a regular Real Value of $5.5 per share. The prevalent price of the firm is $8.02. Our model calculates the value of Harmony Gold Mining from evaluating the firm fundamentals such as Return On Asset of 0.14, current valuation of 4.94 B, and Return On Equity of 0.25 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage acquiring undervalued assets and dropping overvalued assets since, at some point, asset prices and their ongoing real values will come together.
Price Book
2.301
Enterprise Value
4.9 B
Enterprise Value Ebitda
0.3864
Price Sales
0.0892
Trailing PE
10.7367
Overvalued
Today
8.02
Please note that Harmony Gold's price fluctuation is slightly risky at this time. Calculation of the real value of Harmony Gold Mining is based on 3 months time horizon. Increasing Harmony Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Harmony Gold Mining is useful when determining the fair value of the Harmony stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Harmony Gold. Since Harmony Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Harmony Stock. However, Harmony Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  8.02 Real  5.5 Target  3.62 Hype  7.98 Naive  7.02
The real value of Harmony Stock, also known as its intrinsic value, is the underlying worth of Harmony Gold Mining Company, which is reflected in its stock price. It is based on Harmony Gold's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Harmony Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Harmony Gold's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
5.50
Real Value
9.04
Upside
Estimating the potential upside or downside of Harmony Gold Mining helps investors to forecast how Harmony stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Harmony Gold more accurately as focusing exclusively on Harmony Gold's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.637.868.09
Details
Hype
Prediction
LowEstimatedHigh
4.447.9811.52
Details
Potential
Annual Dividend
LowForecastedHigh
0.030.030.03
Details
1 Analysts
Consensus
LowTarget PriceHigh
3.293.624.02
Details

Harmony Gold Investments

(9.06 Billion)

Harmony Gold Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining Harmony Gold's current stock value. Our valuation model uses many indicators to compare Harmony Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Harmony Gold competition to find correlations between indicators driving Harmony Gold's intrinsic value. More Info.
Harmony Gold Mining is rated # 5 in price to book category among related companies. It is one of the top stocks in net asset category among related companies making up about  24,876,140,808  of Net Asset per Price To Book. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Harmony Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Harmony Gold's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Harmony Gold's earnings, one of the primary drivers of an investment's value.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Harmony Gold's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Harmony Gold and how it compares across the competition.

About Harmony Gold Valuation

The stock valuation mechanism determines the current worth of Harmony Gold Mining on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Harmony Gold Mining. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Harmony Gold Mining based exclusively on its fundamental and basic technical indicators. By analyzing Harmony Gold's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Harmony Gold's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Harmony Gold. We calculate exposure to Harmony Gold's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Harmony Gold's related companies.
Last ReportedProjected for 2024
Gross Profit11.2 B11.8 B
Pretax Profit Margin 0.15  0.16 
Operating Profit Margin 0.14  0.17 
Net Profit Margin 0.11  0.12 
Gross Profit Margin 0.23  0.24 

8 Steps to conduct Harmony Gold's Valuation Analysis

Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Harmony Gold's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Harmony Gold's valuation analysis, follow these 8 steps:
  • Gather financial information: Obtain Harmony Gold's financial statements, including balance sheets, income statements, and cash flow statements.
  • Determine Harmony Gold's revenue streams: Identify Harmony Gold's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
  • Analyze market data: Research Harmony Gold's industry and market trends, including the size of the market, growth rate, and competition.
  • Establish Harmony Gold's growth potential: Evaluate Harmony Gold's management, business model, and growth potential.
  • Determine Harmony Gold's financial performance: Analyze its financial statements to assess its historical performance and future potential.
  • Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
  • Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Harmony Gold's estimated value.
  • Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Note: This is a general outline, and different approaches and methods may be used depending on the type and size of the company being valued. We also recomment to seek professional assistance to ensure accuracy.
Harmony Gold's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Harmony Gold's value is low or high relative to the company's performance and growth projections. Determining the market value of Harmony Gold can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Harmony Gold represents a small ownership stake in the entity. As a stockholder of Harmony, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Harmony Gold Dividends Analysis For Valuation

Please note that Harmony Gold has scaled down on payment of dividends at this time. Price Earnings Ratio is likely to rise to 12.13 in 2024, whereas Retained Earnings are likely to drop (4.7 B) in 2024.
There are various types of dividends Harmony Gold can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Harmony shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Harmony Gold Mining directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Harmony pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Harmony Gold by the value of the dividends paid out.

Harmony Gold Growth Indicators

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Harmony Gold does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding614.6 M
Quarterly Earnings Growth Y O Y2.209

Harmony Gold Current Valuation Indicators

Valuation refers to the process of determining the present value of Harmony Gold Mining and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Harmony we look at many different elements of the entity such as Harmony's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation. Harmony Gold's valuation analysis is also a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Harmony Gold's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Harmony Gold, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Harmony Gold's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Harmony Gold's worth.
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 tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary 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.
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Is Harmony Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Harmony Gold. If investors know Harmony will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Harmony Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.209
Dividend Share
2.22
Earnings Share
0.75
Revenue Per Share
92.841
Quarterly Revenue Growth
0.351
The market value of Harmony Gold Mining is measured differently than its book value, which is the value of Harmony that is recorded on the company's balance sheet. Investors also form their own opinion of Harmony Gold's value that differs from its market value or its book value, called intrinsic value, which is Harmony Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Harmony Gold's market value can be influenced by many factors that don't directly affect Harmony Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harmony Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harmony Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmony Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.