Harmony Gold Mining CoFRA:HAM1 +3.04%91 EBITDA Margin % is 40.81% as of Dec. 2025, which is 131% above its 10-year median of 17.64. GuruFocus rates FRA:HAM1 with a GF Score™ of 91/100 and a GF Value™ of €15.29 (Modestly Undervalued). Among 841 Metals & Mining companies, Harmony Gold Mining Co ranks better than 77.29% on this metric.
Harmony Gold Mining Co (FRA:HAM1) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Harmony Gold Mining Co EBITDA Margin % Related Terms
Harmony Gold Mining Co EBITDA Margin % Historical Data
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The historical data trend for Harmony Gold Mining Co's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:HAM1 vs NEM, AU, CDE: EBITDA Margin % Comparison
For the Gold subindustry, Harmony Gold Mining Co's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Harmony Gold Mining Co EBITDA Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Harmony Gold Mining Co's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Harmony Gold Mining Co's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Harmony Gold Mining Co (FRA:HAM1) has a EBITDA Margin % of 40.81% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Harmony Gold Mining Co and its competitors. This is 131% above median its historical median of 17.64. According to the industry distribution chart, Harmony Gold Mining Co ranks #191 out of 841 companies in the Metals & Mining industry, placing it in the top 22.7%.
Is Harmony Gold Mining Co's EBITDA Margin % too high?
Harmony Gold Mining Co's current EBITDA Margin % of 40.81% is 131% above median its 10-year median of 17.64. The Metals & Mining industry median EBITDA Margin % is 8.89. Harmony Gold Mining Co's value of 40.81% is 359.1% above this industry median. Based on the distribution chart, Harmony Gold Mining Co ranks #191 out of 841 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Harmony Gold Mining Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harmony Gold Mining Co's EBITDA Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Harmony Gold Mining Co ranks #191 out of 841 companies for EBITDA Margin %. This places Harmony Gold Mining Co in the top 23% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.89. Harmony Gold Mining Co's value of 40.81% is 359.1% above this benchmark. While the company's 10-year median is 17.64 vs. the industry median of 8.89, Harmony Gold Mining Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Metals & Mining company?
The median EBITDA Margin % among Metals & Mining companies is 8.89, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harmony Gold Mining Co's current EBITDA Margin % of 40.81% is 359.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Harmony Gold Mining Co and its competitors. For the Metals & Mining industry, the median EBITDA Margin % is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harmony Gold Mining Co's current EBITDA Margin % is 40.81%, which is 131% above median its own 10-year median of 17.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmony Gold Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Harmony Gold Mining Co (FRA:HAM1) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.29, compared to a current price of €13.55 — trading 11.4% below its estimated fair value. The current EBITDA Margin % is 40.81%, which is 131% above median its 10-year median of 17.64 and 359.1% above the Metals & Mining industry median of 8.89. Harmony Gold Mining Co's overall GF Score™ is 91/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Harmony Gold Mining Co (FRA:HAM1), the current EBITDA Margin % is 40.81% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Harmony Gold Mining Co (FRA:HAM1) Overvalued in 2026?
Based on GuruFocus' analysis, Harmony Gold Mining Co stock appears to be undervalued.
The current stock price of €13.55 is trading 11.4% below its estimated GF Value™ of €15.29.
GuruFocus considers Harmony Gold Mining Co to be Modestly Undervalued.
Key valuation signals for FRA:HAM1:
EBITDA Margin %: 40.81% (131% above median its 10-year median of 17.64)
GF Value™: €15.29 vs. price of €13.55 (11.4% below fair value)
Industry Position: 359.1% above the Metals & Mining median (#191 of 841)
No single metric tells the full story. See the FRA:HAM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harmony Gold Mining Co Ltd is engaged in gold mining and related activities, including exploration, extraction, and processing. The group's primary product is gold bullion, produced at operations in South Africa and Papua New Guinea. Gold byproducts include uranium and silver. Strategic projects such as the Wafi-Golpu Project in the New Guinea Mobile Belt, the Eva Copper Project in the Mt Isa Inlier, Queensland, Australia, and the MAC Copper acquisition position the company as a gold-copper producer. The company operates across South Africa, Papua New Guinea, and Australia.
91GF Score
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