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Harmony Gold Mining Co (JSE:HAR) 10-Year ROIIC % : 59.57% (As of Jun. 2024)


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What is Harmony Gold Mining Co 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Harmony Gold Mining Co's 10-Year ROIIC % for the quarter that ended in Jun. 2024 was 59.57%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Harmony Gold Mining Co's 10-Year ROIIC % or its related term are showing as below:

JSE:HAR's 10-Year ROIIC % is ranked better than
90% of 2061 companies
in the Metals & Mining industry
Industry Median: -3.24 vs JSE:HAR: 59.57

Harmony Gold Mining Co 10-Year ROIIC % Historical Data

The historical data trend for Harmony Gold Mining Co's 10-Year ROIIC % 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 10-Year ROIIC % Chart

Harmony Gold Mining Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.63 77.09 -132.75 55.87 59.57

Harmony Gold Mining Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
10-Year ROIIC % 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 -132.75 - 55.87 - 59.57

Competitive Comparison of Harmony Gold Mining Co's 10-Year ROIIC %

For the Gold subindustry, Harmony Gold Mining Co's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Harmony Gold Mining Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Harmony Gold Mining Co's 10-Year ROIIC % falls into.



Harmony Gold Mining Co 10-Year ROIIC % Calculation

Harmony Gold Mining Co's 10-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 8502.912 (Jun. 2024) - -1105.5660174 (Jun. 2014) )/( 53734 (Jun. 2024) - 37603.489 (Jun. 2014) )
=9608.4780174/16130.511
=59.57%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Harmony Gold Mining Co  (JSE:HAR) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Harmony Gold Mining Co 10-Year ROIIC % Related Terms

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Harmony Gold Mining Co Business Description

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.

Harmony Gold Mining Co Headlines

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