Discounted Cash Flow
Harmony Gold Mining Co. Ltd. ADR
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—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2017 | $19.5b | $-148.0m | $-86.0m | -0.8% | $0.79 |
| 2018 | $1.6b (-91.9%) | $-321.0m (-116.9%) | $-678.0m (-688.4%) | -20.3% (-2569.2%) | $-0.72 (-191.1%) |
| 2019 | $26.9b (1599.0%) | $-2.6b (-712.1%) | $-356.0m (47.5%) | -9.7% (52.2%) | $-4.98 (-591.7%) |
| 2020 | $29.2b (8.7%) | $-878.0m (66.3%) | $1.1b (414.9%) | -3.0% (69.0%) | $-1.64 (67.1%) |
| 2021 | $41.7b (42.7%) | $5.1b (679.4%) | $4.0b (260.1%) | 12.2% (506.0%) | $8.42 (613.4%) |
| 2022 | $42.6b (2.2%) | $-1.1b (-120.7%) | $710.0m (-82.4%) | -2.5% (-120.2%) | $-1.72 (-120.4%) |
| 2023 | $49.3b (15.5%) | $4.8b (558.2%) | $2.3b (225.1%) | 9.8% (496.5%) | $7.80 (553.5%) |
| 2024 | $61.4b (24.6%) | $8.6b (78.2%) | $7.3b (214.2%) | 14.0% (43.0%) | $13.86 (77.7%) |
| 2025 | $73.9b (20.4%) | $14.4b (67.5%) | $10.8b (48.8%) | 19.5% (39.1%) | $23.13 (66.9%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.