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HMY vs. WPM: Harmony Gold Mining vs. Wheaton Precious Metals Stock Comparison

How do Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM) 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 Wheaton Precious Metals (WPM) are both classified in the Gold sub-industry within the broader Metals & Mining industry, placing them in the closest GICS peer bucket.

Wheaton Precious Metals (WPM) 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 Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM)
Profile ItemHMYWPM
NameHarmony Gold Mining Company Limited - Depositary Receipt (Common Stock)Wheaton Precious Metals Corp.
Country/RegionSouth AfricaCanada
GICS SectorMaterialsMaterials
GICS Industry GroupMaterialsMaterials
GICS IndustryMetals & MiningMetals & Mining
GICS Sub-IndustryGoldGold
Market Capitalization10.77 billion USD61.91 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMay 17, 1994July 6, 2005
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

HMY
WPM
GSPC
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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM), 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 Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM)
MetricHMYWPM
Total Return (1Y)10.98%45.35%
Total Return (3Y, Annualized)60.07%50.60%
Total Return (5Y, Annualized)39.44%29.06%

Risk Profile

Drawdown History

HMY
WPM
GSPC
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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM), 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 Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM)
MetricHMYWPM
Volatility (1Y, Annualized)63.56%52.11%
Beta (5Y)1.080.49
Max Drawdown (5Y)-62.48%-43.29%
Avg. Volume (3M)3.68M2.01M

Risk-Adjusted Performance

Risk-Return Positioning

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HMY and WPM 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 Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM)
MetricHMYWPM
Sharpe Ratio (1Y)0.110.79
Sortino Ratio (1Y)0.151.14

Profitability

ROE (TTM)

Both Harmony Gold Mining (HMY) at 48.05% and Wheaton Precious Metals (WPM) at 23.10% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

HMY

Materials industry group

48.05%

Max
52.88%
HMY
48.05%
Q3
19.49%
Median
8.76%
Q1
-3.41%
Min
-32.81%

WPM

Materials industry group

23.10%

Max
52.88%
WPM
23.10%
Q3
19.49%
Median
8.76%
Q1
-3.41%
Min
-32.81%
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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Wheaton Precious Metals (WPM) at 60.39% keeps the most of each sales dollar — above its industry’s net margin range — and Harmony Gold Mining (HMY) at 29.57% also retains a top-quartile 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%

WPM

Materials industry group

60.39%

WPM
60.39%
Max
38.66%
Q3
15.98%
Median
5.28%
Q1
0.00%
Min
-20.40%
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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both Harmony Gold Mining (HMY) at 47.18% and Wheaton Precious Metals (WPM) at 66.70% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

HMY

Materials industry group

47.18%

Max
66.70%
HMY
47.18%
Q3
28.92%
Median
12.56%
Q1
3.28%
Min
-14.07%

WPM

Materials industry group

66.70%

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

Profitability Metrics

Profitability metrics for Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM)
MetricHMYWPM
ROE (TTM)48.05%23.10%
ROA (TTM)25.06%15.22%
Net Margin (TTM)29.57%60.39%
Operating Margin (TTM)47.18%66.70%
Gross Margin (TTM)49.62%86.61%

Growth

Revenue Growth

Only one side can be read here: Wheaton Precious Metals (WPM) reports revenue growth of 80.18%, ranked against its industry; Harmony Gold Mining (HMY) has no revenue growth figure this period.

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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Wheaton Precious Metals (WPM) reports EPS growth of 177.85%, ranked against its industry; Harmony Gold Mining (HMY) has no EPS growth figure this period.

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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM)
MetricHMYWPM
Revenue Growth (YoY)--80.18%
Revenue Growth (3Y CAGR)26.28%29.53%
EPS Growth (YoY)--177.85%
EPS Growth (3Y CAGR)81.32%29.83%

Financial Strength

Current Ratio (MRQ)

Both Harmony Gold Mining (HMY) at 0.84 and Wheaton Precious Metals (WPM) at 0.57 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

HMY

Materials industry group

0.84

Max
5.96
Q3
3.30
Median
2.24
Q1
1.45
HMY
0.84
Min
0.16

WPM

Materials industry group

0.57

Max
5.96
Q3
3.30
Median
2.24
Q1
1.45
WPM
0.57
Min
0.16
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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM): 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 industry quartile, while Wheaton Precious Metals (WPM) at 0.16 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

WPM

Materials industry group

0.16

Max
1.98
Q3
0.89
Median
0.47
WPM
0.16
Q1
0.13
Min
0.00
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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM)
MetricHMYWPM
Current Ratio (MRQ)0.840.57
Debt / Equity (MRQ)0.130.16
Net Debt / EBITDA0.020.50

Dividends

Dividend Yield (TTM)

Wheaton Precious Metals (WPM) at 0.57% pays an industry-typical yield; Harmony Gold Mining (HMY) at 75.74% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

HMY

Materials industry group

75.74%

HMY
75.74%
Max
4.52%
Q3
1.85%
Median
0.38%
Q1
0.00%
Min
0.00%

WPM

Materials industry group

0.57%

Max
4.52%
Q3
1.85%
WPM
0.57%
Median
0.38%
Q1
0.00%
Min
0.00%
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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Harmony Gold Mining (HMY) at 15.28% and Wheaton Precious Metals (WPM) at 16.29% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

HMY

Materials industry group

15.28%

Max
83.62%
Q3
41.37%
HMY
15.28%
Median
9.54%
Q1
0.00%
Min
0.00%

WPM

Materials industry group

16.29%

Max
83.62%
Q3
41.37%
WPM
16.29%
Median
9.54%
Q1
0.00%
Min
0.00%
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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM)
MetricHMYWPM
Dividend Yield (TTM)75.74%0.57%
Dividend Payout Ratio (TTM)15.28%16.29%

Valuation

P/E Ratio (TTM)

Harmony Gold Mining (HMY) at 6.27 sits in the cheaper P/E ratio quartile, while Wheaton Precious Metals (WPM) at 29.63 is closer to its industry’s usual earnings multiple — a discount for HMY, though growth and earnings durability still matter.

HMY

Materials industry group

6.27

Max
59.00
Q3
32.93
Median
18.82
Q1
11.96
HMY
6.27
Min
3.93

WPM

Materials industry group

29.63

Max
59.00
Q3
32.93
WPM
29.63
Median
18.82
Q1
11.96
Min
3.93
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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Harmony Gold Mining (HMY) at 0.11 sits in the cheaper P/S ratio quartile while Wheaton Precious Metals (WPM) at 17.86 prices above its industry range — a wide gap in sales valuation between them.

HMY

Materials industry group

0.11

Max
9.62
Q3
4.34
Median
1.87
Q1
0.73
HMY
0.11
Min
0.00

WPM

Materials industry group

17.86

WPM
17.86
Max
9.62
Q3
4.34
Median
1.87
Q1
0.73
Min
0.00
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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Harmony Gold Mining (HMY) at 2.34 is valued about in line with its industry on P/B ratio, while Wheaton Precious Metals (WPM) at 6.17 carries an above-peer premium to book — WPM is pricier on assets.

HMY

Materials industry group

2.34

Max
6.59
Q3
3.55
HMY
2.34
Median
2.08
Q1
1.26
Min
-0.17

WPM

Materials industry group

6.17

Max
6.59
WPM
6.17
Q3
3.55
Median
2.08
Q1
1.26
Min
-0.17
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Harmony Gold Mining (HMY) vs. Wheaton Precious Metals (WPM): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Harmony Gold Mining (HMY) and Wheaton Precious Metals (WPM)
MetricHMYWPM
P/E Ratio (TTM)6.2729.63
P/S Ratio (TTM)0.1117.86
P/B Ratio (MRQ)2.346.17
Free Cash Flow Yield (TTM)91.49%-5.11%