Harmony Gold Mining Co Ltd (HMY)

Gold and Silver Ores

Latest Price

$14.45

TTM P/E

Normalized P/E

TTM Div Yield

Fwd Div Yield

Book Value

P/B Ratio

Valuation metrics

EPS: $22.88

Book value / share: $76.42

Formula: √(22.5 × EPS × BVPS)

Graham Number

$198.35

+1273% upside

Norm. op. income: $6.5B (median of 7yr)

Tax rate: 26%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$95.70

+562% upside

EPS: $22.88

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$343.20

+2275% upside

13.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Van Eck Associates Corp	29.81M	$453.0M	4.79%	-1.15M	2026-06-30
BlackRock, Inc.	6.03M	$91.0M	0.97%	+140.0K	2026-06-30
AQR Capital Management LLC	5.07M	$76.0M	0.82%	-875.8K	2026-06-30
American Century Companies Inc	4.64M	$70.0M	0.75%	+116.5K	2026-06-30
Dimensional Fund Advisors LP	4.35M	$66.0M	0.70%	-910.2K	2026-06-30
Lazard Asset Management LLC	2.62M	$39.0M	0.42%	-360.2K	2026-06-30
D. E. Shaw & Co., Inc.	2.07M	$31.0M	0.33%	-328.0K	2026-06-30
Hamilton Capital Partners Inc.	1.48M	$22.0M	0.24%	+114.3K	2026-06-30
Millennium Management LLC	1.16M	$17.0M	0.19%	+82.8K	2026-06-30
Jane Street Group, LLC	1.12M	$17.0M	0.18%	-1.82M	2026-06-30