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DOW vs. HMY: Dow vs. Harmony Gold Mining Stock Comparison

How do Dow (DOW) and Harmony Gold Mining (HMY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Dow (DOW) and Harmony Gold Mining (HMY) both fall under the Materials industry group, but DOW is classified in Chemicals while HMY is classified in Metals & Mining.

Dow (DOW) trades as ordinary local shares, while Harmony Gold Mining (HMY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Dow (DOW) and Harmony Gold Mining (HMY)
Profile ItemDOWHMY
NameDow Inc.Harmony Gold Mining Company Limited - Depositary Receipt (Common Stock)
Country/RegionUnited StatesSouth Africa
GICS SectorMaterialsMaterials
GICS Industry GroupMaterialsMaterials
GICS IndustryChemicalsMetals & Mining
GICS Sub-IndustryCommodity ChemicalsGold
Market Capitalization22.73 billion USD10.77 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 20, 2019May 17, 1994
Security TypeCommon StockADR

Price Performance

Cumulative Growth

DOW
HMY
GSPC
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Dow (DOW) vs. Harmony Gold Mining (HMY), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Dow (DOW) and Harmony Gold Mining (HMY). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Dow (DOW) and Harmony Gold Mining (HMY). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Dow (DOW) and Harmony Gold Mining (HMY)
MetricDOWHMY
Total Return (1Y)46.93%10.98%
Total Return (3Y, Annualized)-8.46%60.07%
Total Return (5Y, Annualized)-6.94%39.44%

Risk Profile

Drawdown History

DOW
HMY
GSPC
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Dow (DOW) vs. Harmony Gold Mining (HMY), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Dow (DOW) and Harmony Gold Mining (HMY). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Dow (DOW) and Harmony Gold Mining (HMY)
MetricDOWHMY
Volatility (1Y, Annualized)41.81%63.56%
Beta (5Y)0.441.08
Max Drawdown (5Y)-64.37%-62.48%
Avg. Volume (3M)8.52M3.68M

Risk-Adjusted Performance

Risk-Return Positioning

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DOW and HMY are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Dow (DOW) and Harmony Gold Mining (HMY)
MetricDOWHMY
Sharpe Ratio (1Y)1.020.11
Sortino Ratio (1Y)1.620.15

Profitability

ROE (TTM)

Dow (DOW) reports a negative ROE of -3.24%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Harmony Gold Mining (HMY) reports 48.05%, ranking against industry peers normally.

DOW

Materials industry group

-3.24%

Max
52.88%
Q3
19.49%
Median
8.76%
DOW
-3.24%
Q1
-3.41%
Min
-32.81%

HMY

Materials industry group

48.05%

Max
52.88%
HMY
48.05%
Q3
19.49%
Median
8.76%
Q1
-3.41%
Min
-32.81%
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Dow (DOW) vs. Harmony Gold Mining (HMY): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Dow (DOW) reports a negative net margin of -2.11%, usually indicating a net loss over the period. Meanwhile Harmony Gold Mining (HMY) reports 29.57%, ranking against industry peers normally.

DOW

Materials industry group

-2.11%

Max
38.66%
Q3
15.98%
Median
5.28%
Q1
0.00%
DOW
-2.11%
Min
-20.40%

HMY

Materials industry group

29.57%

Max
38.66%
HMY
29.57%
Q3
15.98%
Median
5.28%
Q1
0.00%
Min
-20.40%
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Dow (DOW) vs. Harmony Gold Mining (HMY): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Harmony Gold Mining (HMY) at 47.18% operates in the top operating margin quartile, ahead of Dow (DOW) at 6.78%, which runs around its industry’s norm.

DOW

Materials industry group

6.78%

Max
66.70%
Q3
28.92%
Median
12.56%
DOW
6.78%
Q1
3.28%
Min
-14.07%

HMY

Materials industry group

47.18%

Max
66.70%
HMY
47.18%
Q3
28.92%
Median
12.56%
Q1
3.28%
Min
-14.07%
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Dow (DOW) vs. Harmony Gold Mining (HMY): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Dow (DOW) and Harmony Gold Mining (HMY)
MetricDOWHMY
ROE (TTM)-3.24%48.05%
ROA (TTM)1.87%25.06%
Net Margin (TTM)-2.11%29.57%
Operating Margin (TTM)6.78%47.18%
Gross Margin (TTM)11.01%49.62%

Growth

Revenue Growth

Only one side can be read here: Dow (DOW) reports revenue growth of -6.97%, ranked against its industry; Harmony Gold Mining (HMY) has no revenue growth figure this period.

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Dow (DOW) vs. Harmony Gold Mining (HMY): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Dow (DOW) reports EPS growth of -335.67%, ranked against its industry; Harmony Gold Mining (HMY) has no EPS growth figure this period.

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Dow (DOW) vs. Harmony Gold Mining (HMY): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Dow (DOW) and Harmony Gold Mining (HMY)
MetricDOWHMY
Revenue Growth (YoY)-6.97%--
Revenue Growth (3Y CAGR)-11.11%26.28%
EPS Growth (YoY)-335.67%--
EPS Growth (3Y CAGR)--81.32%

Financial Strength

Current Ratio (MRQ)

Dow (DOW) at 1.76 keeps current ratio within its industry’s typical mid-range, while Harmony Gold Mining (HMY) at 0.84 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HMY.

DOW

Materials industry group

1.76

Max
5.96
Q3
3.30
Median
2.24
DOW
1.76
Q1
1.45
Min
0.16

HMY

Materials industry group

0.84

Max
5.96
Q3
3.30
Median
2.24
Q1
1.45
HMY
0.84
Min
0.16
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Dow (DOW) vs. Harmony Gold Mining (HMY): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Harmony Gold Mining (HMY) at 0.13 keeps leverage in the lower quartile, while Dow (DOW) at 1.08 sits in the higher-leverage quartile.

DOW

Materials industry group

1.08

Max
1.98
DOW
1.08
Q3
0.89
Median
0.47
Q1
0.13
Min
0.00

HMY

Materials industry group

0.13

Max
1.98
Q3
0.89
Median
0.47
Q1
0.13
HMY
0.13
Min
0.00
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Dow (DOW) vs. Harmony Gold Mining (HMY): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Dow (DOW) and Harmony Gold Mining (HMY)
MetricDOWHMY
Current Ratio (MRQ)1.760.84
Debt / Equity (MRQ)1.080.13
Net Debt / EBITDA3.210.02

Dividends

Dividend Yield (TTM)

Dow (DOW) at 4.38% earns its spot in the top quartile of its industry’s yields; Harmony Gold Mining (HMY) at 75.74% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

DOW

Materials industry group

4.38%

Max
4.52%
DOW
4.38%
Q3
1.85%
Median
0.38%
Q1
0.00%
Min
0.00%

HMY

Materials industry group

75.74%

HMY
75.74%
Max
4.52%
Q3
1.85%
Median
0.38%
Q1
0.00%
Min
0.00%
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Dow (DOW) vs. Harmony Gold Mining (HMY): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Dow (DOW) reports payout ratio above 100% at 700.00%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Harmony Gold Mining (HMY) reports 15.28%, ranking against industry peers normally.

DOW

Materials industry group

700.00%

DOW
700.00%
Max
83.62%
Q3
41.37%
Median
9.54%
Q1
0.00%
Min
0.00%

HMY

Materials industry group

15.28%

Max
83.62%
Q3
41.37%
HMY
15.28%
Median
9.54%
Q1
0.00%
Min
0.00%
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Dow (DOW) vs. Harmony Gold Mining (HMY): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Dow (DOW) and Harmony Gold Mining (HMY)
MetricDOWHMY
Dividend Yield (TTM)4.38%75.74%
Dividend Payout Ratio (TTM)700.00%15.28%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Harmony Gold Mining (HMY) trades at 6.27 times trailing earnings, ranked against its peers, while Dow (DOW) has no P/E ratio this period.

DOW

Materials industry group

--

Max
59.00
Q3
32.93
Median
18.82
Q1
11.96
Min
3.93
DOW
--

HMY

Materials industry group

6.27

Max
59.00
Q3
32.93
Median
18.82
Q1
11.96
HMY
6.27
Min
3.93
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Dow (DOW) vs. Harmony Gold Mining (HMY): DOW does not report P/E ratio, so it has no value marker; HMY is benchmarked against the Materials industry group.

P/S Ratio (TTM)

Both Dow (DOW) at 0.53 and Harmony Gold Mining (HMY) at 0.11 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

DOW

Materials industry group

0.53

Max
9.62
Q3
4.34
Median
1.87
Q1
0.73
DOW
0.53
Min
0.00

HMY

Materials industry group

0.11

Max
9.62
Q3
4.34
Median
1.87
Q1
0.73
HMY
0.11
Min
0.00
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Dow (DOW) vs. Harmony Gold Mining (HMY): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Dow (DOW) at 1.41 and Harmony Gold Mining (HMY) at 2.34 are valued close to their industries’ norm against book — neither stands out from peers.

DOW

Materials industry group

1.41

Max
6.59
Q3
3.55
Median
2.08
DOW
1.41
Q1
1.26
Min
-0.17

HMY

Materials industry group

2.34

Max
6.59
Q3
3.55
HMY
2.34
Median
2.08
Q1
1.26
Min
-0.17
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Dow (DOW) vs. Harmony Gold Mining (HMY): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Dow (DOW) and Harmony Gold Mining (HMY)
MetricDOWHMY
P/E Ratio (TTM)--6.27
P/S Ratio (TTM)0.530.11
P/B Ratio (MRQ)1.412.34
Free Cash Flow Yield (TTM)3.95%91.49%