Harmony Gold (NYSE: HMY) is one of 41 publicly-traded companies in the “Gold & silver ores” industry, but how does it compare to its competitors? We will compare Harmony Gold to related companies based on the strength of its institutional ownership, valuation, profitability, analyst recommendations, risk, earnings and dividends.
Insider and Institutional Ownership
28.2% of Harmony Gold shares are held by institutional investors. Comparatively, 31.6% of shares of all “Gold & silver ores” companies are held by institutional investors. 16.0% of Harmony Gold shares are held by insiders. Comparatively, 10.2% of shares of all “Gold & silver ores” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
This table compares Harmony Gold and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Harmony Gold Competitors||-8.64%||3.68%||2.67%|
Harmony Gold pays an annual dividend of $0.02 per share and has a dividend yield of 1.0%. Harmony Gold pays out 9.5% of its earnings in the form of a dividend. As a group, “Gold & silver ores” companies pay a dividend yield of 1.4% and pay out 48.2% of their earnings in the form of a dividend.
Earnings & Valuation
This table compares Harmony Gold and its competitors revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Harmony Gold||$1.42 billion||$17.00 million||9.19|
|Harmony Gold Competitors||$1.40 billion||$84.66 million||41.91|
Harmony Gold has higher revenue, but lower earnings than its competitors. Harmony Gold is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a summary of current ratings and target prices for Harmony Gold and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Harmony Gold Competitors||424||1742||1626||67||2.35|
As a group, “Gold & silver ores” companies have a potential upside of 23.66%. Given Harmony Gold’s competitors stronger consensus rating and higher probable upside, analysts clearly believe Harmony Gold has less favorable growth aspects than its competitors.
Volatility and Risk
Harmony Gold has a beta of -1.96, suggesting that its stock price is 296% less volatile than the S&P 500. Comparatively, Harmony Gold’s competitors have a beta of 0.34, suggesting that their average stock price is 66% less volatile than the S&P 500.
Harmony Gold competitors beat Harmony Gold on 10 of the 14 factors compared.
About Harmony Gold
Harmony Gold Mining Company Limited engages in the exploration and mining of gold in South Africa and Papua New Guinea. The company also explores for copper and silver deposits. It has nine underground operations; an open-pit mine; and various other surface operations in South Africa. The company owns interests in the Hidden Valley, an open-pit gold and silver mine; the Wafi Golpu project in Morobe province; and the Kili Teke gold-copper exploration project in Papua New Guinea. Harmony Gold Mining Company Limited was incorporated in 1950 and is based in Randfontein, South Africa.
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