HMY vs. SW: Harmony Gold Mining vs. Smurfit Westrock Stock Comparison
How do Harmony Gold Mining (HMY) and Smurfit Westrock (SW) 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
Harmony Gold Mining (HMY) and Smurfit Westrock (SW) both fall under the Materials industry group, but HMY is classified in Metals & Mining while SW is classified in Containers & Packaging.
Smurfit Westrock (SW) 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.
| Profile Item | HMY | SW |
|---|---|---|
| Name | Harmony Gold Mining Company Limited - Depositary Receipt (Common Stock) | Smurfit WestRock Plc |
| Country/Region | South Africa | Ireland |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Containers & Packaging |
| GICS Sub-Industry | Gold | Paper & Plastic Packaging Products & Materials |
| Market Capitalization | 10.77 billion USD | 23.13 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | May 17, 1994 | June 17, 2008 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HMY | SW |
|---|---|---|
| Total Return (1Y) | 10.98% | 29.05% |
| Total Return (3Y, Annualized) | 60.07% | 14.60% |
| Total Return (5Y, Annualized) | 39.44% | -0.16% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | HMY | SW |
|---|---|---|
| Volatility (1Y, Annualized) | 63.56% | 42.69% |
| Beta (5Y) | 1.08 | 0.89 |
| Max Drawdown (5Y) | -62.48% | -53.49% |
| Avg. Volume (3M) | 3.68M | 4.66M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HMY | SW |
|---|---|---|
| Sharpe Ratio (1Y) | 0.11 | 0.58 |
| Sortino Ratio (1Y) | 0.15 | 0.94 |
Profitability
ROE (TTM)
Harmony Gold Mining (HMY) at 48.05% sits in the top ROE quartile, while Smurfit Westrock (SW) at 2.57% is closer to the peer norm — stronger capital efficiency for HMY.
HMY
Materials industry group
48.05%
- Max
- 52.88%
- HMY
- 48.05%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
SW
Materials industry group
2.57%
- Max
- 52.88%
- Q3
- 19.49%
- Median
- 8.76%
- SW
- 2.57%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Harmony Gold Mining (HMY) at 29.57% retains a top-quartile share of revenue as profit, ahead of Smurfit Westrock (SW) at 1.50%, which keeps about the industry-typical share.
HMY
Materials industry group
29.57%
- Max
- 38.66%
- HMY
- 29.57%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
SW
Materials industry group
1.50%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- SW
- 1.50%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Harmony Gold Mining (HMY) at 47.18% operates in the top operating margin quartile, ahead of Smurfit Westrock (SW) at 6.38%, which runs around its industry’s norm.
HMY
Materials industry group
47.18%
- Max
- 66.70%
- HMY
- 47.18%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
SW
Materials industry group
6.38%
- Max
- 66.70%
- Q3
- 28.92%
- Median
- 12.56%
- SW
- 6.38%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | HMY | SW |
|---|---|---|
| ROE (TTM) | 48.05% | 2.57% |
| ROA (TTM) | 25.06% | 2.50% |
| Net Margin (TTM) | 29.57% | 1.50% |
| Operating Margin (TTM) | 47.18% | 6.38% |
| Gross Margin (TTM) | 49.62% | 17.67% |
Growth
Revenue Growth
Only one side can be read here: Smurfit Westrock (SW) reports revenue growth of 47.70%, ranked against its industry; Harmony Gold Mining (HMY) has no revenue growth figure this period.
EPS Growth
Only one side can be read here: Smurfit Westrock (SW) reports EPS growth of 62.20%, ranked against its industry; Harmony Gold Mining (HMY) has no EPS growth figure this period.
Growth Metrics
| Metric | HMY | SW |
|---|---|---|
| Revenue Growth (YoY) | -- | 47.70% |
| Revenue Growth (3Y CAGR) | 26.28% | 32.15% |
| EPS Growth (YoY) | -- | 62.20% |
| EPS Growth (3Y CAGR) | 81.32% | -30.01% |
Financial Strength
Current Ratio (MRQ)
Smurfit Westrock (SW) at 1.48 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.
HMY
Materials industry group
0.84
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- HMY
- 0.84
- Min
- 0.16
SW
Materials industry group
1.48
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- SW
- 1.48
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Harmony Gold Mining (HMY) at 0.13 keeps leverage in the lower industry quartile, while Smurfit Westrock (SW) at 0.78 runs a more typical debt-to-equity mix.
HMY
Materials industry group
0.13
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- HMY
- 0.13
- Min
- 0.00
SW
Materials industry group
0.78
- Max
- 1.98
- Q3
- 0.89
- SW
- 0.78
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | HMY | SW |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 1.48 |
| Debt / Equity (MRQ) | 0.13 | 0.78 |
| Net Debt / EBITDA | 0.02 | 2.96 |
Dividends
Dividend Yield (TTM)
Smurfit Westrock (SW) at 4.02% 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.
HMY
Materials industry group
75.74%
- HMY
- 75.74%
- Max
- 4.52%
- Q3
- 1.85%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
SW
Materials industry group
4.02%
- Max
- 4.52%
- SW
- 4.02%
- Q3
- 1.85%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Smurfit Westrock (SW) reports payout ratio above 100% at 198.63%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Harmony Gold Mining (HMY) reports 15.28%, ranking against industry peers normally.
HMY
Materials industry group
15.28%
- Max
- 83.62%
- Q3
- 41.37%
- HMY
- 15.28%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
SW
Materials industry group
198.63%
- SW
- 198.63%
- Max
- 83.62%
- Q3
- 41.37%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HMY | SW |
|---|---|---|
| Dividend Yield (TTM) | 75.74% | 4.02% |
| Dividend Payout Ratio (TTM) | 15.28% | 198.63% |
Valuation
P/E Ratio (TTM)
Harmony Gold Mining (HMY) at 6.27 sits in the cheaper P/E ratio quartile, while Smurfit Westrock (SW) at 48.99 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
HMY
Materials industry group
6.27
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- HMY
- 6.27
- Min
- 3.93
SW
Materials industry group
48.99
- Max
- 59.00
- SW
- 48.99
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Harmony Gold Mining (HMY) at 0.11 sits in the cheaper P/S ratio quartile while Smurfit Westrock (SW) at 0.73 prices around its industry’s middle — HMY costs less per dollar of sales, though read it alongside growth and margins.
HMY
Materials industry group
0.11
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- HMY
- 0.11
- Min
- 0.00
SW
Materials industry group
0.73
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- SW
- 0.73
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Harmony Gold Mining (HMY) at 2.34 and Smurfit Westrock (SW) at 1.28 are valued close to their industries’ norm against book — neither stands out from peers.
HMY
Materials industry group
2.34
- Max
- 6.59
- Q3
- 3.55
- HMY
- 2.34
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
SW
Materials industry group
1.28
- Max
- 6.59
- Q3
- 3.55
- Median
- 2.08
- SW
- 1.28
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | HMY | SW |
|---|---|---|
| P/E Ratio (TTM) | 6.27 | 48.99 |
| P/S Ratio (TTM) | 0.11 | 0.73 |
| P/B Ratio (MRQ) | 2.34 | 1.28 |
| Free Cash Flow Yield (TTM) | 91.49% | 4.26% |