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 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. HMY is growing strongly while it also seems undervalued. This is an interesting 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.
In the past year HMY had a positive cash flow from operations.
Of the past 5 years HMY 4 years were profitable.
HMY had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 15.28%, HMY belongs to the top of the industry, outperforming 93.55% of the companies in the same industry.
HMY has a better Return On Equity (22.97%) than 93.55% of its industry peers.
HMY's Return On Invested Capital of 20.62% is amongst the best of the industry. HMY outperforms 94.84% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HMY is above the industry average of 13.15%.
The last Return On Invested Capital (20.62%) for HMY is above the 3 year average (17.52%), which is a sign of increasing profitability.
| 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 80.00% of its industry peers.
HMY has a Operating Margin of 25.71%. This is in the better half of the industry: HMY outperforms 74.84% of its industry peers.
HMY's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 30.55%, HMY is doing good in the industry, outperforming 67.74% of the companies in the same industry.
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
HMY has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for HMY has been increased compared to 1 year ago.
The number of shares outstanding for HMY has been increased compared to 5 years ago.
Compared to 1 year ago, HMY has an improved debt to assets ratio.
2.2 Solvency
HMY has an Altman-Z score of 7.50. This indicates that HMY is financially healthy and has little risk of bankruptcy at the moment.
HMY's Altman-Z score of 7.50 is fine compared to the rest of the industry. HMY outperforms 73.55% 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 has a Debt to FCF ratio of 0.22. This is amongst the best in the industry. HMY outperforms 92.90% of its industry peers.
HMY has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HMY (0.04) is better than 65.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.22 | ||
| Altman-Z | 7.5 |
ROIC/WACC1.38
WACC14.91%
2.3 Liquidity
HMY has a Current Ratio of 1.84. This is a normal value and indicates that HMY is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.84, HMY is not doing good in the industry: 64.52% of the companies in the same industry are doing better.
A Quick Ratio of 1.46 indicates that HMY should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.46, HMY perfoms like the industry average, outperforming 45.81% of the companies in the same industry.
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
HMY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 66.97%, which is quite impressive.
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
The Earnings Per Share is expected to grow by 25.45% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 14.33% on average over the next years. This is quite good.
EPS Next Y60.56%
EPS Next 2Y43%
EPS Next 3Y25.45%
EPS Next 5YN/A
Revenue Next Year36.55%
Revenue Next 2Y24.8%
Revenue Next 3Y14.33%
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 14.08, HMY is valued correctly.
HMY's Price/Earnings ratio is rather cheap when compared to the industry. HMY is cheaper than 92.90% of the companies in the same industry.
HMY is valuated rather cheaply when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
HMY is valuated cheaply with a Price/Forward Earnings ratio of 6.38.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HMY indicates a rather cheap valuation: HMY is cheaper than 95.48% of the companies listed in the same industry.
HMY is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.08 | ||
| Fwd PE | 6.38 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HMY indicates a rather cheap valuation: HMY is cheaper than 80.65% of the companies listed in the same industry.
HMY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HMY is cheaper than 87.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.46 | ||
| EV/EBITDA | 8.96 |
4.3 Compensation for Growth
HMY's 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 25.45% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y43%
EPS Next 3Y25.45%
5. Dividend
5.1 Amount
HMY has a Yearly Dividend Yield of 1.19%.
Compared to an average industry Dividend Yield of 2.54, HMY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, 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 been paying a dividend for at least 10 years, so it has a reliable track record.
HMY has decreased its dividend in the last 3 years.
Dividend Growth(5Y)47.94%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
14.98% of the earnings are spent on dividend by HMY. This is a low number and 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 2Y43%
EPS Next 3Y25.45%
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)18.34%
PT rev (3m)44.67%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)14.3%
EPS NY rev (3m)12.05%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.03%
Revenue NY rev (3m)10.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.08 | ||
| Fwd PE | 6.38 | ||
| P/S | 3.04 | ||
| P/FCF | 21.46 | ||
| P/OCF | 10.83 | ||
| P/B | 4.45 | ||
| P/tB | 4.45 | ||
| EV/EBITDA | 8.96 |
EPS(TTM)1.37
EY7.1%
EPS(NY)3.02
Fwd EY15.68%
FCF(TTM)0.9
FCFY4.66%
OCF(TTM)1.78
OCFY9.24%
SpS6.35
BVpS4.33
TBVpS4.33
PEG (NY)0.23
PEG (5Y)N/A
Graham Number11.56
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 | 7.5 |
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 Y60.56%
EPS Next 2Y43%
EPS Next 3Y25.45%
EPS Next 5YN/A
Revenue 1Y (TTM)20.39%
Revenue growth 3Y20.11%
Revenue growth 5Y20.37%
Sales Q2Q%22.66%
Revenue Next Year36.55%
Revenue Next 2Y24.8%
Revenue Next 3Y14.33%
Revenue Next 5YN/A
EBIT growth 1Y40.71%
EBIT growth 3Y72.85%
EBIT growth 5Y54.55%
EBIT Next Year114.78%
EBIT Next 3Y31.75%
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 14.08 and the Price/Book (PB) ratio is 4.45.
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%.