Harmony Gold Mining Stock Net Income
| HMY Stock | USD 9.20 0.43 4.47% |
Harmony Gold Mining fundamentals help investors to digest information that contributes to Harmony Gold's financial success or failures. It also enables traders to predict the movement of Harmony Stock. The fundamental analysis module provides a way to measure Harmony Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Harmony Gold stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 11.8 B | 12.4 B | |
| Net Income Applicable To Common Shares | 5.5 B | 5.8 B | |
| Net Income From Continuing Ops | 5.6 B | 5.9 B | |
| Net Income Per Share | 13.86 | 14.56 | |
| Net Income Per E B T | 0.73 | 1.08 |
Harmony | Net Income |
Harmony Gold Mining Company Net Income Analysis
Harmony Gold's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Harmony Gold Net Income | 11.77 B |
Most of Harmony Gold's fundamental indicators, such as Net Income, 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.
Harmony Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Harmony Gold is extremely important. It helps to project a fair market value of Harmony Stock properly, considering its historical fundamentals such as Net Income. Since Harmony Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Harmony Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Harmony Gold's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Harmony Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Harmony Gold Mining reported net income of 11.77 B. This is 97902.88% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The net income for all United States stocks is significantly lower than that of the firm.
Harmony Net Income 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 Income 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 income category among its peers.
Harmony Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Harmony Gold from analyzing Harmony Gold's financial statements. These drivers represent accounts that assess Harmony Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Harmony Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.2B | 2.2B | 1.9B | 2.6B | 5.7B | 6.0B | |
| Enterprise Value | 3.6B | 2.8B | 2.7B | 5.4B | 3.3B | 3.1B |
Harmony Gold ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Harmony Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Harmony Gold's managers, analysts, and investors.Environmental | Governance | Social |
Harmony Gold Institutional Holders
Institutional Holdings refers to the ownership stake in Harmony Gold that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Harmony Gold's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Harmony Gold's value.| Shares | Aqr Capital Management Llc | 2024-06-30 | 1.6 M | Wellington Management Company Llp | 2024-06-30 | 1.5 M | Jane Street Group Llc | 2024-06-30 | 1.5 M | Mackenzie Investments | 2024-09-30 | 1.4 M | Amundi | 2024-06-30 | 1.3 M | Acadian Asset Management Llc | 2024-06-30 | 1.3 M | Bank Of America Corp | 2024-06-30 | 1.2 M | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 1.2 M | Ci Investments Inc | 2024-06-30 | 783.4 K | Van Eck Associates Corporation | 2024-06-30 | 66.7 M | Exor Investments (uk) Llp | 2024-09-30 | 20.9 M |
Harmony Fundamentals
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.15 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 5.64 B | ||||
| Shares Outstanding | 622.07 M | ||||
| Shares Owned By Institutions | 27.83 % | ||||
| Number Of Shares Shorted | 6.83 M | ||||
| Price To Earning | 8.21 X | ||||
| Price To Book | 2.53 X | ||||
| Price To Sales | 0.09 X | ||||
| Revenue | 61.38 B | ||||
| Gross Profit | 13.79 B | ||||
| EBITDA | 17.21 B | ||||
| Net Income | 11.77 B | ||||
| Cash And Equivalents | 2.87 B | ||||
| Cash Per Share | 3.97 X | ||||
| Total Debt | 2.29 B | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 1.51 X | ||||
| Book Value Per Share | 65.77 X | ||||
| Cash Flow From Operations | 15.65 B | ||||
| Short Ratio | 1.87 X | ||||
| Earnings Per Share | 0.76 X | ||||
| Target Price | 9.58 | ||||
| Number Of Employees | 34.72 K | ||||
| Beta | 1.25 | ||||
| Market Capitalization | 5.78 B | ||||
| Total Asset | 60.46 B | ||||
| Retained Earnings | 2.24 B | ||||
| Working Capital | 1.81 B | ||||
| Current Asset | 3.47 B | ||||
| Current Liabilities | 2.03 B | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 60.46 B | ||||
| Last Dividend Paid | 2.41 |
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.
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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.