Is Harmony Gold Mining Company Limited overvalued?

Harmony Gold Mining Company Limited (HMY) looks undervalued — trading about 17% below its fair value.

Undervalued

Price

$15.09

Fair value

$17.59

Current P/E

10.4

Normal P/E

12.1

Market cap

$9.46B

Dividend yield

5.0%

Return on equity

45.4%

Sector

Basic Materials

Fair value compares HMY's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 12 Nov 2026.

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