Harmony Gold Mining Stock Net Asset
| HAM Stock | EUR 11.75 0.05 0.42% |
Fundamental analysis of Harmony Gold allows traders to better anticipate movements in Harmony Gold's stock price by examining its financial health and performance throughout various phases of its business cycle.
Harmony |
Harmony Gold Mining Company Net Asset Analysis
Harmony Gold's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Harmony Gold Net Asset | 46.81 B |
Most of Harmony Gold's fundamental indicators, such as Net Asset, 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.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Harmony Gold Mining has a Net Asset of 46.81 B. This is much higher than that of the Basic Materials sector and significantly higher than that of the Gold industry. The net asset for all Germany stocks is notably lower than that of the firm.
Harmony Net Asset 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 Net Asset 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 net asset 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 | 2.12 B | |||
| Shares Outstanding | 618.03 M | |||
| Shares Owned By Institutions | 33.97 % | |||
| Price To Book | 1.26 X | |||
| Price To Sales | 0.04 X | |||
| Revenue | 42.65 B | |||
| Gross Profit | 9.05 B | |||
| EBITDA | (340 M) | |||
| Net Income | (1.05 B) | |||
| Cash And Equivalents | 52.12 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 3.18 B | |||
| Debt To Equity | 23.20 % | |||
| Current Ratio | 1.38 X | |||
| Book Value Per Share | 48.73 X | |||
| Cash Flow From Operations | 6.92 B | |||
| Earnings Per Share | (0.09) X | |||
| Target Price | 3.32 | |||
| Beta | 0.82 | |||
| Market Capitalization | 1.81 B | |||
| Total Asset | 46.81 B | |||
| Annual Yield | 0.01 % | |||
| 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.
Currently Active Assets on Macroaxis
| USOI | Credit Suisse X Links | |
| ULTY | Tidal Trust II | |
| CONY | YieldMax N Option | |
| BCAT | BlackRock Capital Allocation | |
| PDI | Pimco Dynamic Income |
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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.