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Harmony Gold Mining Company Limited
HMYBasic MaterialsNYSEZA
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Estimates, scoring, valuation assumptions, and peer comparison in one research surface.
Change the assumptions to see how revenue growth, margins, and exit multiples can move fair value.
| Year | Revenue | Margin | Profit | Free cash flow | Present value |
|---|---|---|---|---|---|
| 2026 | $73.90B | 19.5% | $14.41B | $10.79B | N/A |
| 2027 | $71.61B | 19.5% | $13.96B | $10.45B | $9.50B |
| 2028 | $69.39B | 19.5% | $13.53B | $10.13B | $8.37B |
| 2029 | $67.23B | 19.5% | $13.11B | $9.82B | $7.38B |
| 2030 | $65.15B | 19.5% | $12.70B | $9.51B | $6.50B |
| 2031 | $63.13B | 19.5% | $12.31B | $9.22B | $5.72B |
Projects EPS forward, applies an exit P/E, then discounts the result back to today.
| Base EPS | $22.88 | 2025-06-30 |
| EPS growth | +60.0% | Forecast years: 5 |
| Future EPS | $239.91 | EPS × (1 + G)^5 |
| Base P/E | 10.8 | P/E |
| Future price | $2,591.07 | Future EPS × P/E |
| Fair value today | $1,608.85 | PV @ 10.0% |
| 30% safety price | $1,126.20 | Margin of safety |
| 50% safety price | $804.43 | Margin of safety |
| Discount rate \\ Terminal growth | 1.5% | 2.5% | 3.5% |
|---|---|---|---|
| 9.0% | $13.194 | $14.55 | $16.398 |
| 10.0% | $11.809 | $12.808 | $14.115 |
| 11.0% | $10.714 | $11.475 | $12.439 |