WallStSmart

Harmony Gold Mining Company Limited (HMY)vsNewmont Goldcorp Corp (NEM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Harmony Gold Mining Company Limited generates 225% more annual revenue ($81.15B vs $24.97B). NEM leads profitability with a 33.9% profit margin vs 20.1%. HMY appears more attractively valued with a PEG of 0.03. HMY earns a higher WallStSmart Score of 81/100 (A-).

HMY

Exceptional Buy

81

out of 100

Grade: A-

Growth: 8.7Profit: 9.5Value: 10.0Quality: 7.0
Piotroski: 5/9Altman Z: 3.27

NEM

Strong Buy

78

out of 100

Grade: B+

Growth: 10.0Profit: 9.0Value: 4.0Quality: 8.5
Piotroski: 7/9Altman Z: 2.11
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HMYUndervalued (+69.7%)

Margin of Safety

+69.7%

Fair Value

$52.31

Current Price

$17.30

$35.01 discount

UndervaluedFair: $52.31Overvalued
NEMSignificantly Overvalued (-63.2%)

Margin of Safety

-63.2%

Fair Value

$60.39

Current Price

$108.35

$47.96 premium

UndervaluedFair: $60.39Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HMY6 strengths · Avg: 9.8/10
PEG RatioValuation
0.0310/10

Growing faster than its price suggests

P/E RatioValuation
10.2x10/10

Attractively priced relative to earnings

Return on EquityProfitability
50.8%10/10

Every $100 of equity generates 51 in profit

Operating MarginProfitability
33.3%10/10

Strong operational efficiency at 33.3%

Altman Z-ScoreHealth
3.2710/10

Safe zone — low bankruptcy risk

Profit MarginProfitability
20.1%9/10

Keeps 20 of every $100 in revenue as profit

NEM6 strengths · Avg: 9.7/10
Profit MarginProfitability
33.9%10/10

Keeps 34 of every $100 in revenue as profit

Operating MarginProfitability
61.4%10/10

Strong operational efficiency at 61.4%

Revenue GrowthGrowth
45.8%10/10

Revenue surging 45.8% year-over-year

EPS GrowthGrowth
78.6%10/10

Earnings expanding 78.6% YoY

Market CapQuality
$116.90B9/10

Large-cap with strong market position

Return on EquityProfitability
24.2%9/10

Every $100 of equity generates 24 in profit

Areas to Watch

HMY0 concerns · Avg: 0/10

No major concerns identified

NEM1 concerns · Avg: 2.0/10
PEG RatioValuation
2.782/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : HMY

The strongest argument for HMY centers on PEG Ratio, P/E Ratio, Return on Equity. Profitability is solid with margins at 20.1% and operating margin at 33.3%. Revenue growth of 19.5% demonstrates continued momentum.

Bull Case : NEM

The strongest argument for NEM centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 33.9% and operating margin at 61.4%. Revenue growth of 45.8% demonstrates continued momentum.

Bear Case : HMY

No major red flags identified for HMY, but monitor valuation.

Bear Case : NEM

The primary concerns for NEM are PEG Ratio.

Key Dynamics to Monitor

HMY carries more volatility with a beta of 0.70 — expect wider price swings.

NEM is growing revenue faster at 45.8% — sustainability is the question.

HMY generates stronger free cash flow (5.5B), providing more financial flexibility.

Monitor GOLD industry trends, competitive dynamics, and regulatory changes.

Bottom Line

HMY scores higher overall (81/100 vs 78/100), backed by strong 20.1% margins and 19.5% revenue growth. Both earn "Exceptional Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Harmony Gold Mining Company Limited

BASIC MATERIALS · GOLD · USA

Harmony Gold Mining Company Limited is engaged in the exploration, extraction and processing of gold in South Africa and Papua New Guinea. The company is headquartered in Randfontein, South Africa.

Newmont Goldcorp Corp

BASIC MATERIALS · GOLD · USA

Newmont Corporation, based in Greenwood Village, Colorado, United States, is one of the largest gold mining companies in the world.

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