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Harmony Gold Mining Co (JSE:HAR) Enterprise Value : R104,218 Mil (As of Apr. 27, 2024)


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What is Harmony Gold Mining Co Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Harmony Gold Mining Co's Enterprise Value is R104,218 Mil. Harmony Gold Mining Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R12,785 Mil. Therefore, Harmony Gold Mining Co's EV-to-EBIT ratio for today is 8.15.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Harmony Gold Mining Co's Enterprise Value is R104,218 Mil. Harmony Gold Mining Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was R12,785 Mil. Therefore, Harmony Gold Mining Co's EV-to-EBITDA ratio for today is 8.15.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Harmony Gold Mining Co's Enterprise Value is R104,218 Mil. Harmony Gold Mining Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was R57,431 Mil. Therefore, Harmony Gold Mining Co's EV-to-Revenue ratio for today is 1.81.


Harmony Gold Mining Co Enterprise Value Historical Data

The historical data trend for Harmony Gold Mining Co's Enterprise Value 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.

* Premium members only.

Harmony Gold Mining Co Enterprise Value Chart

Harmony Gold Mining Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,845.80 44,389.17 33,046.46 33,315.36 52,455.48

Harmony Gold Mining Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41,733.43 33,315.36 41,139.87 52,455.48 74,206.03

Competitive Comparison of Harmony Gold Mining Co's Enterprise Value

For the Gold subindustry, Harmony Gold Mining Co's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Harmony Gold Mining Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Harmony Gold Mining Co's Enterprise Value falls into.



Harmony Gold Mining Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Harmony Gold Mining Co's Enterprise Value for the fiscal year that ended in Jun. 2023 is calculated as

Harmony Gold Mining Co's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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  (JSE:HAR) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Harmony Gold Mining Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=104217.750/12785
=8.15

Harmony Gold Mining Co's current Enterprise Value is R104,218 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Harmony Gold Mining Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R12,785 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Harmony Gold Mining Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=104217.750/12785
=8.15

Harmony Gold Mining Co's current Enterprise Value is R104,218 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Harmony Gold Mining Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was R12,785 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Harmony Gold Mining Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=104217.750/57431
=1.81

Harmony Gold Mining Co's current Enterprise Value is R104,218 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Harmony Gold Mining Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was R57,431 Mil.

* 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 Enterprise Value Related Terms

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Harmony Gold Mining Co (JSE:HAR) Business Description

Traded in Other Exchanges
Address
Corner Main Reef Road and Ward Avenue, Randfontein Office Park, Randfontein, ZAF, 1759
Harmony Gold Mining Co Ltd is a gold mining and exploration company having operations in South Africa and Papua New Guinea (PNG). Its projects include Bambanani, Joel, Masimong, Phakisa, Target 1, Tshepong, Unisel, Doornkop, and Kusasalethu. The group's segments are Tshepong Operations, Bambanani, Joel, Doornkop, Moab Khotsong, Hidden Valley, Target 1, Kusasalethu, Masimong, Unisel, and all other surface operations.

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