HARMONY GOLD MNG-SPON ADR (HMY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HMY - US4132163001 - ADR
19.29 USD
+0.15 (+0.78%)
19.29 USD
0 (0%)
HMY gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 155 industry peers in the Metals & Mining industry. HMY scores excellent points on both the profitability and health parts. This is a solid base for a good stock. HMY has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings could make HMY a good candidate for value and growth and quality investing.
1. Profitability
1.1 Basic Checks
HMY had positive earnings in the past year.
HMY had a positive operating cash flow in the past year.
Of the past 5 years HMY 4 years were profitable.
Of the past 5 years HMY 4 years had a positive operating cash flow.
1.2 Ratios
HMY's Return On Assets of 15.28% is amongst the best of the industry. HMY outperforms 93.51% of its industry peers.
HMY has a better Return On Equity (22.97%) than 93.51% of its industry peers.
With an excellent Return On Invested Capital value of 20.62%, HMY belongs to the best of the industry, outperforming 94.81% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for HMY is above the industry average of 13.20%.
The 3 year average ROIC (17.52%) for HMY is below the current ROIC(20.62%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.28% | ||
| ROE | 22.97% | ||
| ROIC | 20.62% |
ROA(3y)13.73%
ROA(5y)9.87%
ROE(3y)21.58%
ROE(5y)15.51%
ROIC(3y)17.52%
ROIC(5y)14%
1.3 Margins
HMY has a better Profit Margin (15.68%) than 79.87% of its industry peers.
The Operating Margin of HMY (25.71%) is better than 75.97% of its industry peers.
HMY's Operating Margin has improved in the last couple of years.
HMY has a Gross Margin of 30.55%. This is in the better half of the industry: HMY outperforms 68.18% of its industry peers.
HMY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.71% | ||
| PM (TTM) | 15.68% | ||
| GM | 30.55% |
OM growth 3Y43.91%
OM growth 5Y28.4%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y39.66%
GM growth 5Y23.45%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HMY is creating some value.
HMY has more shares outstanding than it did 1 year ago.
The number of shares outstanding for HMY has been increased compared to 5 years ago.
HMY has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.48 indicates that HMY is not in any danger for bankruptcy at the moment.
HMY has a better Altman-Z score (7.48) than 72.73% of its industry peers.
The Debt to FCF ratio of HMY is 0.22, which is an excellent value as it means it would take HMY, only 0.22 years of fcf income to pay off all of its debts.
HMY's Debt to FCF ratio of 0.22 is amongst the best of the industry. HMY outperforms 93.51% of its industry peers.
A Debt/Equity ratio of 0.04 indicates that HMY is not too dependend on debt financing.
HMY's Debt to Equity ratio of 0.04 is fine compared to the rest of the industry. HMY outperforms 65.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.22 | ||
| Altman-Z | 7.48 |
ROIC/WACC1.38
WACC14.91%
2.3 Liquidity
A Current Ratio of 1.84 indicates that HMY should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.84, HMY is doing worse than 64.29% of the companies in the same industry.
HMY has a Quick Ratio of 1.46. This is a normal value and indicates that HMY is financially healthy and should not expect problems in meeting its short term obligations.
HMY has a Quick ratio (1.46) which is in line with its industry peers.
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 | 1.84 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 66.97% over the past year.
The Revenue has grown by 20.39% in the past year. This is a very strong growth!
HMY shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.37% yearly.
EPS 1Y (TTM)66.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%147.07%
Revenue 1Y (TTM)20.39%
Revenue growth 3Y20.11%
Revenue growth 5Y20.37%
Sales Q2Q%22.66%
3.2 Future
HMY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.06% yearly.
The Revenue is expected to grow by 12.51% on average over the next years. This is quite good.
EPS Next Y40.48%
EPS Next 2Y34.84%
EPS Next 3Y22.06%
EPS Next 5YN/A
Revenue Next Year32.53%
Revenue Next 2Y20.52%
Revenue Next 3Y12.51%
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.18, HMY is valued correctly.
Based on the Price/Earnings ratio, HMY is valued cheaply inside the industry as 92.21% of the companies are valued more expensively.
HMY's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.46.
The Price/Forward Earnings ratio is 7.31, which indicates a rather cheap valuation of HMY.
HMY's Price/Forward Earnings ratio is rather cheap when compared to the industry. HMY is cheaper than 94.81% of the companies 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 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.18 | ||
| Fwd PE | 7.31 |
4.2 Price Multiples
80.52% of the companies in the same industry are more expensive than HMY, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HMY indicates a rather cheap valuation: HMY is cheaper than 87.66% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.53 | ||
| EV/EBITDA | 8.92 |
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.
HMY's earnings are expected to grow with 22.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y34.84%
EPS Next 3Y22.06%
5. Dividend
5.1 Amount
HMY has a Yearly Dividend Yield of 1.19%. Purely for dividend investing, there may be better candidates out there.
HMY's Dividend Yield is a higher than the industry average which is at 2.55.
Compared to an average S&P500 Dividend Yield of 2.32, HMY's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
5.2 History
On average, the dividend of HMY grows each year by 47.94%, which is quite nice.
HMY has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of HMY decreased in the last 3 years.
Dividend Growth(5Y)47.94%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
HMY pays out 14.98% of its income as dividend. This is a sustainable payout ratio.
The dividend of HMY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP14.98%
EPS Next 2Y34.84%
EPS Next 3Y22.06%
19.29
+0.15 (+0.78%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners55.9%
Inst Owner Change-2.52%
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap12.05B
Revenue(TTM)73.90B
Net Income(TTM)10.52B
Analysts72.73
Price Target22.07 (14.41%)
Short Float %1.14%
Short Ratio1.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
Yearly Dividend0.14
Dividend Growth(5Y)47.94%
DP14.98%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)12.07%
PT rev (3m)19.34%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-6.72%
EPS NY rev (3m)-1.97%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)9.02%
Revenue NY rev (3m)7.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.18 | ||
| Fwd PE | 7.31 | ||
| P/S | 3.05 | ||
| P/FCF | 21.53 | ||
| P/OCF | 10.86 | ||
| P/B | 4.46 | ||
| P/tB | 4.47 | ||
| EV/EBITDA | 8.92 |
EPS(TTM)1.36
EY7.05%
EPS(NY)2.64
Fwd EY13.68%
FCF(TTM)0.9
FCFY4.65%
OCF(TTM)1.78
OCFY9.21%
SpS6.33
BVpS4.32
TBVpS4.32
PEG (NY)0.35
PEG (5Y)N/A
Graham Number11.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.28% | ||
| ROE | 22.97% | ||
| ROCE | 28.96% | ||
| ROIC | 20.62% | ||
| ROICexc | 24.48% | ||
| ROICexgc | 24.49% | ||
| OM | 25.71% | ||
| PM (TTM) | 15.68% | ||
| GM | 30.55% | ||
| FCFM | 14.16% |
ROA(3y)13.73%
ROA(5y)9.87%
ROE(3y)21.58%
ROE(5y)15.51%
ROIC(3y)17.52%
ROIC(5y)14%
ROICexc(3y)20.25%
ROICexc(5y)15.88%
ROICexgc(3y)20.26%
ROICexgc(5y)15.9%
ROCE(3y)24.6%
ROCE(5y)19.67%
ROICexgc growth 3Y57.48%
ROICexgc growth 5Y38.67%
ROICexc growth 3Y57.54%
ROICexc growth 5Y39.15%
OM growth 3Y43.91%
OM growth 5Y28.4%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y39.66%
GM growth 5Y23.45%
F-Score8
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.22 | ||
| Debt/EBITDA | 0.09 | ||
| Cap/Depr | 199.1% | ||
| Cap/Sales | 13.91% | ||
| Interest Coverage | 55.48 | ||
| Cash Conversion | 85.85% | ||
| Profit Quality | 90.31% | ||
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.46 | ||
| Altman-Z | 7.48 |
F-Score8
WACC14.91%
ROIC/WACC1.38
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)66.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%147.07%
EPS Next Y40.48%
EPS Next 2Y34.84%
EPS Next 3Y22.06%
EPS Next 5YN/A
Revenue 1Y (TTM)20.39%
Revenue growth 3Y20.11%
Revenue growth 5Y20.37%
Sales Q2Q%22.66%
Revenue Next Year32.53%
Revenue Next 2Y20.52%
Revenue Next 3Y12.51%
Revenue Next 5YN/A
EBIT growth 1Y40.71%
EBIT growth 3Y72.85%
EBIT growth 5Y54.55%
EBIT Next Year84.01%
EBIT Next 3Y35.47%
EBIT Next 5YN/A
FCF growth 1Y57.98%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y35.75%
OCF growth 3YN/A
OCF growth 5YN/A
HARMONY GOLD MNG-SPON ADR / HMY FAQ
Can you provide the ChartMill fundamental rating for HARMONY GOLD MNG-SPON ADR?
ChartMill assigns a fundamental rating of 7 / 10 to HMY.
Can you provide the valuation status for HARMONY GOLD MNG-SPON ADR?
ChartMill assigns a valuation rating of 9 / 10 to HARMONY GOLD MNG-SPON ADR (HMY). This can be considered as Undervalued.
How profitable is HARMONY GOLD MNG-SPON ADR (HMY) stock?
HARMONY GOLD MNG-SPON ADR (HMY) has a profitability rating of 8 / 10.
What is the valuation of HARMONY GOLD MNG-SPON ADR based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HARMONY GOLD MNG-SPON ADR (HMY) is 14.18 and the Price/Book (PB) ratio is 4.46.
Is the dividend of HARMONY GOLD MNG-SPON ADR sustainable?
The dividend rating of HARMONY GOLD MNG-SPON ADR (HMY) is 5 / 10 and the dividend payout ratio is 14.98%.