Harmony Gold Mining Tidigare resultatutveckling
Tidigare kriterier kontrolleras 5/6
Harmony Gold Mining har ökat intäkterna med en genomsnittlig årlig takt på 45%, medan Metals and Mining -branschen såg intäkterna minskar på 6.3% årligen. Intäkterna har varit växande med en genomsnittlig takt på 16.2% per år. Harmony Gold Mining s avkastning på eget kapital är 31.5% och den har en nettomarginal på 20.1%.
Viktig information
44.98%
Tillväxttakt i vinsten
44.18%
Tillväxttakt för EPS
| Metals and Mining Tillväxt i branschen | 36.20% |
| Intäkternas tillväxttakt | 16.19% |
| Avkastning på eget kapital | 31.51% |
| Nettomarginal | 20.06% |
| Nästa resultatuppdatering | 27 Aug 2026 |
Senaste uppdateringar av tidigare prestationer
Recent updates
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.Should You Be Adding Harmony Gold Mining (JSE:HAR) To Your Watchlist Today?
Apr 16
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).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).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).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.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).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.
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.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.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.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.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.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.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.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.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.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.
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.Fördelning av intäkter och kostnader
Fördelning av intäkter och kostnader
Hur Harmony Gold Mining tjänar och spenderar pengar. Baserat på senast rapporterade resultat, på rullande tolvmånadersbasis.
Resultat- och intäktshistorik
| Datum | Intäkter | Intäkter | G+A Kostnader | FoU-kostnader |
|---|---|---|---|---|
| 31 Dec 25 | 81,155 | 16,276 | 2,520 | 0 |
| 30 Sep 25 | 77,526 | 15,330 | 2,541 | 0 |
| 30 Jun 25 | 73,896 | 14,384 | 2,562 | 0 |
| 31 Mar 25 | 70,501 | 12,454 | 2,515 | 0 |
| 31 Dec 24 | 67,105 | 10,524 | 2,467 | 0 |
| 30 Sep 24 | 64,242 | 9,556 | 2,404 | 0 |
| 30 Jun 24 | 61,379 | 8,587 | 2,341 | 0 |
| 31 Mar 24 | 59,405 | 8,744 | 2,212 | 0 |
| 31 Dec 23 | 57,431 | 8,901 | 2,083 | 0 |
| 30 Sep 23 | 53,353 | 6,861 | 1,817 | 0 |
| 30 Jun 23 | 49,275 | 4,820 | 1,550 | 0 |
| 31 Mar 23 | 46,614 | 2,110 | 1,414 | 0 |
| 31 Dec 22 | 43,953 | -600 | 1,331 | 0 |
| 30 Sep 22 | 43,299 | -826 | 1,278 | 0 |
| 30 Jun 22 | 42,645 | -1,052 | 1,198 | 0 |
| 31 Mar 22 | 42,371 | 425 | 1,245 | 0 |
| 31 Dec 21 | 42,096 | 1,901 | 1,265 | 0 |
| 30 Sep 21 | 41,915 | 3,494 | 1,255 | 0 |
| 30 Jun 21 | 41,733 | 5,087 | 1,245 | 0 |
| 31 Mar 21 | 38,545 | 3,725 | 1,111 | 0 |
| 31 Dec 20 | 35,356 | 2,363 | 976 | 0 |
| 30 Sep 20 | 32,301 | 743 | 904 | 0 |
| 30 Jun 20 | 29,245 | -878 | 831 | 0 |
| 31 Mar 20 | 28,923 | -1,067 | 854 | 0 |
| 31 Dec 19 | 28,600 | -1,256 | 894 | 0 |
| 30 Sep 19 | 27,756 | -1,931 | 891 | 0 |
| 30 Jun 19 | 26,912 | -2,607 | 879 | 0 |
| 31 Mar 19 | 25,639 | -3,998 | 934 | 0 |
| 31 Dec 18 | 24,366 | -5,389 | 979 | 0 |
| 30 Sep 18 | 22,409 | -4,931 | 941 | 0 |
| 30 Jun 18 | 20,452 | -4,473 | 903 | 0 |
| 31 Mar 18 | 20,092 | -2,376 | 846 | 0 |
| 31 Dec 17 | 19,271 | -280 | 788 | 0 |
| 30 Sep 17 | 19,268 | 41 | 781 | 0 |
| 30 Jun 17 | 19,494 | 362 | 774 | 0 |
| 31 Mar 17 | 19,380 | 1,648 | 724 | 0 |
| 31 Dec 16 | 19,495 | 2,933 | 674 | 0 |
| 30 Sep 16 | 19,128 | 2,240 | 656 | 0 |
| 30 Jun 16 | 18,334 | 949 | 614 | 0 |
| 31 Mar 16 | 17,382 | -2,899 | 629 | 0 |
| 31 Dec 15 | 15,996 | -3,859 | 626 | 0 |
| 30 Sep 15 | 15,144 | -4,791 | 652 | 0 |
| 30 Jun 15 | 15,435 | -4,536 | 729 | 0 |
Kvalitetsintäkter: HAR har inkomster av hög kvalitet.
Växande vinstmarginal: HAR s nuvarande netto vinstmarginaler (20.1%) är högre än förra året (15.7%).
Fritt kassaflöde vs resultatanalys
Analys av tidigare vinsttillväxt
Resultatutveckling: HAR s intäkter har ökat markant med 45% per år under de senaste 5 åren.
Accelererande tillväxt: HAR s intäktstillväxt under det senaste året ( 54.7% ) överstiger sitt 5-åriga genomsnitt ( 45% per år).
Resultat vs industri: HAR vinsttillväxt under det senaste året ( 54.7% ) överträffade inte Metals and Mining branschen 66.1%.
Avkastning på eget kapital
Hög ROE: HAR s avkastning på eget kapital ( 31.5% ) anses vara hög.
Avkastning på tillgångar
Avkastning på sysselsatt kapital
Upptäck starka bolag som tidigare presterat bra
Företagsanalys och finansiella data Status
| Uppgifter | Senast uppdaterad (UTC-tid) |
|---|---|
| Analys av företag | 2026/04/30 14:48 |
| Aktiekurs vid dagens slut | 2026/04/29 00:00 |
| Intäkter | 2025/12/31 |
| Årlig intjäning | 2025/06/30 |
Datakällor
Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.
| Paket | Uppgifter | Tidsram | Exempel US-källa |
|---|---|---|---|
| Företagets finansiella ställning | 10 år |
| |
| Analytikernas konsensusuppskattningar | +3 år |
|
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| Marknadspriser | 30 år |
| |
| Ägarskap | 10 år |
| |
| Förvaltning | 10 år |
| |
| Viktiga utvecklingstendenser | 10 år |
|
* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.
Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.
Analysmodell och snöflinga
Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.
Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.
Industri- och sektormått
Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.
Källor för analytiker
Harmony Gold Mining Company Limited bevakas av 15 analytiker. 5 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.
| Analytiker | Institution |
|---|---|
| Herbert Kharivhe | Absa Bank Limited |
| Andrew Byrne | Barclays |
| Raj Ray | BMO Capital Markets Equity Research |