Harmony Gold Mining Company Limited

JSE:HAR 株式レポート

時価総額：R165.6b

Harmony Gold Mining 将来の成長

Future 基準チェック /56

Harmony Gold Mining利益と収益がそれぞれ年間33.8%と18.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に44.2% 33.5%なると予測されています。

主要情報

33.8%

収益成長率

33.50%

EPS成長率

Metals and Mining 収益成長18.3%
収益成長率18.8%
将来の株主資本利益率44.20%
アナリストカバレッジ

Low

最終更新日04 May 2026

今後の成長に関する最新情報

Recent updates

ナラティブの更新 • 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.
分析記事 • 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...
ナラティブの更新 • 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).
ナラティブの更新 • 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).
ナラティブの更新 • 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).
ナラティブの更新 • 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.
ナラティブの更新 • 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).
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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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新しいナラティブ • 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.

業績と収益の成長予測

JSE:HAR - アナリストの将来予測と過去の財務データ ( )ZAR Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
6/30/2028131,51442,15634,83557,4395
6/30/2027125,12646,81518,06345,8575
6/30/202697,39527,83015,84735,7305
12/31/202581,15516,27611,14626,312N/A
9/30/202577,52615,33010,96924,480N/A
6/30/202573,89614,38410,79222,647N/A
3/31/202570,50112,45410,14820,744N/A
12/31/202467,10510,5249,50418,840N/A
9/30/202464,2429,5568,37817,245N/A
6/30/202461,3798,5877,25215,650N/A
3/31/202459,4058,7446,63414,764N/A
12/31/202357,4318,9016,01613,878N/A
9/30/202353,3536,8614,16211,913N/A
6/30/202349,2754,8202,3089,948N/A
3/31/202346,6142,1109638,128N/A
12/31/202243,953-600-3826,308N/A
9/30/202243,299-8261646,616N/A
6/30/202242,645-1,0527106,924N/A
3/31/202242,371425N/AN/AN/A
12/31/202142,0961,9011,1357,081N/A
9/30/202141,9153,4942,5868,130N/A
6/30/202141,7335,0874,0379,179N/A
3/31/202138,5453,725N/AN/AN/A
12/31/202035,3562,3634,0637,769N/A
9/30/202032,3017432,5886,246N/A
6/30/202029,245-8781,1134,723N/A
3/31/202028,923-1,067N/AN/AN/A
12/31/201928,600-1,256-1444,762N/A
9/30/201927,756-1,931N/A4,721N/A
6/30/201926,912-2,607N/A4,679N/A
3/31/201925,639-3,998N/AN/AN/A
12/31/201824,366-5,389N/A4,702N/A
9/30/201822,409-4,931N/A4,293N/A
6/30/201820,452-4,473N/A3,884N/A
3/31/201820,092-2,376N/A3,803N/A
12/31/201719,271-280N/A3,722N/A
9/30/201719,26841N/A3,763N/A
6/30/201719,494362N/A3,804N/A
3/31/201719,3801,648N/A4,235N/A
12/31/201619,4952,933N/A4,665N/A
9/30/201619,1282,240N/A4,751N/A
6/30/201618,334949N/A4,513N/A
3/31/201617,382-2,899N/A3,678N/A
12/31/201515,996-3,859N/A2,688N/A
9/30/201515,144-4,791N/A1,627N/A
6/30/201515,435-4,536N/A2,006N/A

アナリストによる今後の成長予測

収入対貯蓄率: HARの予測収益成長率 (年間33.8% ) は 貯蓄率 ( 9.8% ) を上回っています。

収益対市場: HARの収益 ( 33.8% ) はZA市場 ( 15.8% ) よりも速いペースで成長すると予測されています。

高成長収益: HARの収益は今後 3 年間で 大幅に 増加すると予想されています。

収益対市場: HARの収益 ( 18.8% ) ZA市場 ( 6.8% ) よりも速いペースで成長すると予測されています。

高い収益成長: HARの収益 ( 18.8% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: HARの 自己資本利益率 は、3年後には非常に高くなると予測されています ( 44.2 %)。

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/17 15:03
終値2026/05/15 00:00
収益2025/12/31
年間収益2025/06/30

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Harmony Gold Mining Company Limited 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15

アナリスト機関
Herbert KharivheAbsa Bank Limited
Andrew ByrneBarclays
Raj RayBMO Capital Markets Equity Research