Harmony Gold Mining CoHGMCF 92 FCF Margin % is 12.91% as of Dec. 2025, which is 204% above its 10-year median of 4.25. GuruFocus rates HGMCF with a GF Score™ of 92/100 and a GF Value™ of $20.28 (Modestly Undervalued). Among 847 Metals & Mining companies, Harmony Gold Mining Co ranks better than 78.87% on this metric.
* 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.
For the Gold subindustry, Harmony Gold Mining Co's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Harmony Gold Mining Co's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Harmony Gold Mining Co's FCF 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 (HGMCF) has a FCF Margin % of 12.91% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Harmony Gold Mining Co and its competitors. This is 204% above median its historical median of 4.25. According to the industry distribution chart, Harmony Gold Mining Co ranks #179 out of 847 companies in the Metals & Mining industry, placing it in the top 21.1%.
Is Harmony Gold Mining Co's FCF Margin % too high?
Harmony Gold Mining Co's current FCF Margin % of 12.91% is 204% above median its 10-year median of 4.25. Based on the distribution chart, Harmony Gold Mining Co ranks #179 out of 847 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 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harmony Gold Mining Co's FCF Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Harmony Gold Mining Co ranks #179 out of 847 companies for FCF Margin %. This places Harmony Gold Mining Co in the top 21% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Harmony Gold Mining Co and its competitors. Harmony Gold Mining Co's current FCF Margin % is 12.91%, which is 204% above median its own 10-year median of 4.25. 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 (HGMCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.28, compared to a current price of $17.45 — trading 14% below its estimated fair value. The current FCF Margin % is 12.91%, which is 204% above median its 10-year median of 4.25. Harmony Gold Mining Co's overall GF Score™ is 92/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Harmony Gold Mining Co (HGMCF), the current FCF Margin % is 12.91% 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 (HGMCF) Overvalued in 2026?
Based on GuruFocus' analysis, Harmony Gold Mining Co stock appears to be undervalued.
The current stock price of $17.45 is trading 14% below its estimated GF Value™ of $20.28.
GuruFocus considers Harmony Gold Mining Co to be Modestly Undervalued.
Key valuation signals for HGMCF:
FCF Margin %: 12.91% (204% above median its 10-year median of 4.25)
GF Value™: $20.28 vs. price of $17.45 (14% below fair value)
No single metric tells the full story. See the HGMCF 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.
92GF Score
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