Harmony Gold Mining Company Limited

Report azionario JSE:HAR

Capitalizzazione di mercato: R177.7b

Harmony Gold Mining Performance degli utili passati

Criteri Il passato verificati 5/6

Harmony Gold Mining ha registrato una crescita degli utili a un tasso medio annuo di 45%, mentre il settore Metals and Mining ha registrato utili in diminuzione a un tasso medio annuo di 6.3%. I ricavi sono stati in crescita a un tasso medio annuo di 16.2%. Il ritorno sul capitale proprio di Harmony Gold Mining è 31.5% e ha margini netti di 20.1%.

Informazioni chiave

44.98%

Tasso di crescita degli utili

44.18%

Tasso di crescita dell'EPS

Metals and Mining Crescita del settore36.20%
Tasso di crescita dei ricavi16.19%
Rendimento del capitale proprio31.51%
Margine netto20.06%
Prossimo aggiornamento sugli utili27 Aug 2026

Aggiornamenti sulle prestazioni recenti

Recent updates

Aggiornamento della narrazione Apr 29

HAR: Dividend Strength And Steady Guidance Will Support Further Share Upside

Analysts have reiterated their ZAR fair value estimate for Harmony Gold Mining while fine tuning their inputs, including a slightly higher discount rate, modestly stronger revenue growth and profit margin assumptions, and a marginally lower future P/E. Together, these adjustments leave the overall price target in ZAR terms unchanged.
Articolo di analisi Apr 16

Should You Be Adding Harmony Gold Mining (JSE:HAR) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Aggiornamento della narrazione Apr 15

HAR: Updated Costs And Margin Outlook Will Shape Future Return Balance

Analysts have trimmed their price target on Harmony Gold Mining from ZAR330 to ZAR300, citing updated assumptions that combine higher projected revenue growth with a lower profit margin outlook and a slightly reduced future P/E multiple. What's in the News Reported gold production of 724,099 oz, or 22,522 kg, for the six months ended 31 December 2025, compared with 797,854 oz, or 24,816 kg, a year earlier, with management attributing a 9% decline to temporary challenges in the second quarter of fiscal 2026 (company announcement of operating results).
Aggiornamento della narrazione Apr 01

HAR: Earnings Guidance And Dividend Payout Will Support Future Upside

Analysts have raised their ZAR price target for Harmony Gold Mining to ZAR500, citing slightly firmer long term revenue growth, profit margins, and a lower projected future P/E multiple that together support maintaining this fair value level. What's in the News Reported gold production of 724,099 oz (22,522 kg) for the six months ended 31 December 2025, compared with 797,854 oz (24,816 kg) a year earlier, with a 9% decline linked to temporary challenges in the second quarter of fiscal 2026 (Key Developments).
Aggiornamento della narrazione Mar 18

HAR: Higher Earnings Guidance And Dividend Payout Will Support Future Upside

Analysts have trimmed their price target on Harmony Gold Mining from ZAR515 to ZAR500 as they factor in updated assumptions for revenue growth, profit margins, the discount rate, and the expected future P/E multiple. What's in the News Reported gold production of 724,099 oz (22,522 kg) for the six months ended 31 December 2025, compared with 797,854 oz (24,816 kg) a year earlier, reflecting a 9% decline linked to temporary challenges in the second quarter of fiscal 2026 (company announcement of operating results).
Aggiornamento della narrazione Mar 03

HAR: Higher Margin Outlook And Copper Project Will Shape Balanced Future Returns

Analysts have raised their ZAR fair value estimate for Harmony Gold Mining from about ZAR270 to ZAR330, citing updated assumptions that include higher revenue growth, a wider profit margin, and a lower future P/E multiple applied to the shares. What's in the News Thiess has entered an alliance agreement with Harmony Gold Mining for multiple work packages at the greenfield Eva Copper Mine Project in Cloncurry, North West Queensland, Australia.
Aggiornamento della narrazione Feb 17

HAR: Eva Copper Project And Alliance Agreement Will Support Future Upside

Analysts have kept their Harmony Gold Mining fair value estimate steady at ZAR515.00, with updated assumptions reflecting a slightly lower discount rate, marginally adjusted revenue, a modestly higher profit margin, and a slightly lower future P/E multiple. What's in the News Thiess entered an alliance agreement with Harmony for multiple work packages at the greenfield Eva Copper Mine Project in Cloncurry, North West Queensland, including bulk earthworks, workshop construction and mining services over five years, with the mining scope valued at about A$700m (Key Developments).
Aggiornamento della narrazione Feb 03

HAR: Eva Copper Project Approval Will Underpin A More Optimistic Outlook

Analysts have adjusted their fair value estimate for Harmony Gold Mining from $320 to $515, citing updated assumptions for revenue growth, profit margins, and future P/E levels as key drivers of the new price target. What's in the News Harmony Gold Mining approved the high margin, long life Eva Copper Project after completing a three year feasibility study update and FEED phase with Tier 1 contractors.
Aggiornamento della narrazione Jan 20

HAR: Copper Project And Payout Policy Will Support Balanced Medium Term Outlook

Analysts have lifted their fair value estimate for Harmony Gold Mining from $370.00 to $385.00, citing updated assumptions around revenue growth, profit margins and future P/E that feed into a slightly lower discount rate in their models. What's in the News Harmony approved the high margin, long life Eva Copper Project after completing a three year feasibility study update and FEED phase with Tier 1 contractors, which the company says has further reduced project risk.
Aggiornamento della narrazione Jan 06

HAR: Copper Expansion And Payout Policy Will Support Balanced Medium Term Outlook

Analysts have nudged their price target for Harmony Gold Mining up slightly, with fair value moving from $365.00 to $370.00 as they factor in updated assumptions around the discount rate, long term revenue growth, profit margins, and a future P/E of 12.46x. What's in the News Approved high margin, long life EVA COPPER PRO project after a three year feasibility study and FEED phase using Tier 1 contractors.
Aggiornamento della narrazione Dec 18

HAR: Higher Multiple And Copper Project Will Eventually Disappoint Expectations

Analysts have raised their price target for Harmony Gold Mining from approximately $220 to about $270 per share. They cite a higher discount rate, lower long term revenue growth and profit margin assumptions, and a rerating to a richer future P/E multiple that together better reflect the company’s risk profile and earnings quality.
Aggiornamento della narrazione Dec 04

HAR: Copper Project And Payout Policy Will Shape Balanced Medium Term Outlook

Analysts have raised their price target for Harmony Gold Mining to around $365 from $337, reflecting higher assumed revenue growth and valuation multiples, despite more conservative margins and only a modest uptick in the discount rate. What's in the News Approved the high margin, long life Eva Copper Project after completing a three year feasibility update and FEED phase with Tier 1 contractors, significantly de risking the development pipeline and expanding exposure to copper alongside gold (Key Developments) Targeting first copper production from the Eva Project in the second half of calendar 2028, with ramp up timing planned to coincide with an anticipated structural copper supply gap that could support stronger long term pricing (Key Developments) Independent analysis estimates the Eva Copper Project could add over AUD 17 billion to Queensland's gross state product over its anticipated 15 year mine life, while creating substantial construction and operational employment in the North West region (Key Developments) Reported first quarter fiscal 2026 production, with group gold output down 8 percent year over year to 12 128 kg, but confirmed operations remain on track to meet full year guidance (Key Developments) Valuation Changes The fair value estimate has increased from ZAR 337.5 to ZAR 365.0, representing a moderate upward revision in the analyst price target.
Aggiornamento della narrazione Nov 19

HAR: Dividend Payout And Strong 2026 Production Guidance Will Drive Upside

Analysts have slightly increased their price target for Harmony Gold Mining from $336.67 to $337.50. They cite modest improvements in projected revenue growth and discount rates as the reasons for this adjustment.
Aggiornamento della narrazione Nov 05

HAR: Revenue Gains And Margin Expansion Will Drive Share Upside

Analysts have increased their price target for Harmony Gold Mining from $330.71 to $336.67. They cite improving revenue growth and expanding profit margins as key factors behind the more optimistic outlook.
Aggiornamento della narrazione Oct 22

Analysts Lift Harmony Gold Price Target Amid Improved Profit Outlook and Updated Production Guidance

Analysts have increased their price target for Harmony Gold Mining from $295.71 to $330.71, citing a modest improvement in projected profitability despite slightly lower expectations for revenue growth. What's in the News Harmony Gold Mining released production guidance for fiscal year 2026, forecasting group output between 1,400,000 and 1,500,000 ounces.
Aggiornamento della narrazione Oct 08

Safe-haven Demand And Renewables Will Unlock Lasting Potential

Analysts have raised their price target for Harmony Gold Mining from $290 to approximately $295.71, citing an improved profit margin and updated valuation metrics. This change comes despite slightly moderated revenue growth expectations.
Aggiornamento della narrazione Sep 24

Safe-haven Demand And Renewables Will Unlock Lasting Potential

Upgraded revenue growth (from 11.9% to 14.1%) and a higher net profit margin (from 30.59% to 35.16%) have driven a notable increase in Harmony Gold Mining’s consensus price target from ZAR275.00 to ZAR290.00. What's in the News Fiscal 2026 production guidance set at 1.4–1.5 million ounces, with underground recovered grade guided above 5.8g/t.
Aggiornamento della narrazione Aug 29

Diversification Into Copper Aims To Mitigate Gold Dependency Despite Market Risks

The consensus analyst price target for Harmony Gold Mining has been revised downward, primarily reflecting a notable decrease in expected revenue growth, with the fair value target reduced from ZAR281.43 to ZAR275.00. What's in the News Declared a dividend of 155.00000 SA cents (8.88252 US cents) per ordinary share for the 12 months ended June 30, 2025.
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Nuova narrazione Feb 09

Moab Khotsong Investments May Strain Cash Flow, Yet Wafi-Golpu Copper Project Could Diversify Future Revenues

Elevated capital expenditure on key projects could strain cash flow and increase financial risk, impacting future profitability.

Ripartizione dei ricavi e delle spese

Come Harmony Gold Mining guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.


Storico di utili e ricavi

JSE:HAR Ricavi, spese e utili (ZAR Millions )
DataRicaviUtiliSpese G+ASpese di R&S
31 Dec 2581,15516,2762,5200
30 Sep 2577,52615,3302,5410
30 Jun 2573,89614,3842,5620
31 Mar 2570,50112,4542,5150
31 Dec 2467,10510,5242,4670
30 Sep 2464,2429,5562,4040
30 Jun 2461,3798,5872,3410
31 Mar 2459,4058,7442,2120
31 Dec 2357,4318,9012,0830
30 Sep 2353,3536,8611,8170
30 Jun 2349,2754,8201,5500
31 Mar 2346,6142,1101,4140
31 Dec 2243,953-6001,3310
30 Sep 2243,299-8261,2780
30 Jun 2242,645-1,0521,1980
31 Mar 2242,3714251,2450
31 Dec 2142,0961,9011,2650
30 Sep 2141,9153,4941,2550
30 Jun 2141,7335,0871,2450
31 Mar 2138,5453,7251,1110
31 Dec 2035,3562,3639760
30 Sep 2032,3017439040
30 Jun 2029,245-8788310
31 Mar 2028,923-1,0678540
31 Dec 1928,600-1,2568940
30 Sep 1927,756-1,9318910
30 Jun 1926,912-2,6078790
31 Mar 1925,639-3,9989340
31 Dec 1824,366-5,3899790
30 Sep 1822,409-4,9319410
30 Jun 1820,452-4,4739030
31 Mar 1820,092-2,3768460
31 Dec 1719,271-2807880
30 Sep 1719,268417810
30 Jun 1719,4943627740
31 Mar 1719,3801,6487240
31 Dec 1619,4952,9336740
30 Sep 1619,1282,2406560
30 Jun 1618,3349496140
31 Mar 1617,382-2,8996290
31 Dec 1515,996-3,8596260
30 Sep 1515,144-4,7916520
30 Jun 1515,435-4,5367290

Guadagni di qualità: HAR ha guadagni di alta qualità.

Margine di profitto in crescita: Gli attuali margini di profitto netti di HAR (20.1%) HAR sono più alti rispetto allo scorso anno (15.7%).


Flusso di cassa libero e analisi degli utili


Analisi della crescita degli utili nel passato

Andamento degli utili: Gli utili di HAR sono cresciuti in modo significativo del 45% all'anno negli ultimi 5 anni.

Accelerare la crescita: La crescita degli utili di HAR nell'ultimo anno ( 54.7% ) supera la media quinquennale ( 45% all'anno).

Guadagni vs Settore: La crescita degli utili HAR nell'ultimo anno ( 54.7% ) non ha superato quella del settore Metals and Mining 66.1%.


Rendimento del capitale proprio

ROE elevato: Il Return on Equity ( 31.5% ) di HAR è considerato alto.


Rendimento delle attività


Rendimento del capitale investito


Scoprire le aziende con forti performance passate

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/21 13:08
Prezzo dell'azione a fine giornata2026/05/20 00:00
Utili2025/12/31
Utili annuali2025/06/30

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Harmony Gold Mining Company Limited è coperta da 15 analisti. 6 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Herbert KharivheAbsa Bank Limited
Andrew ByrneBarclays
Raj RayBMO Capital Markets Equity Research