WallStSmart

Almonty Industries Inc. Common Shares (ALM)vsHarmony Gold Mining Company Limited (HMY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Harmony Gold Mining Company Limited generates 115558% more annual revenue ($99.24B vs $85.80M). ALM leads profitability with a 125.2% profit margin vs 29.6%. HMY trades at a lower P/E of 7.0x. HMY earns a higher WallStSmart Score of 90/100 (A).

ALM

Buy

57

out of 100

Grade: C

Growth: 6.7Profit: 6.5Value: 4.0Quality: 5.5
Piotroski: 4/9Altman Z: 0.58

HMY

Exceptional Buy

90

out of 100

Grade: A

Growth: 10.0Profit: 10.0Value: 10.0Quality: 6.5
Piotroski: 3/9Altman Z: 3.35
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for ALM.

HMYUndervalued (+68.7%)

Margin of Safety

+68.7%

Fair Value

$66.44

Current Price

$20.64

$45.80 discount

UndervaluedFair: $66.44Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ALM3 strengths · Avg: 10.0/10
Profit MarginProfitability
125.2%10/10

Keeps 125 of every $100 in revenue as profit

Operating MarginProfitability
37.5%10/10

Strong operational efficiency at 37.5%

Revenue GrowthGrowth
497.7%10/10

Revenue surging 497.7% year-over-year

HMY6 strengths · Avg: 10.0/10
PEG RatioValuation
0.0310/10

Growing faster than its price suggests

P/E RatioValuation
7.0x10/10

Attractively priced relative to earnings

Return on EquityProfitability
57.8%10/10

Every $100 of equity generates 58 in profit

Operating MarginProfitability
47.2%10/10

Strong operational efficiency at 47.2%

Revenue GrowthGrowth
49.2%10/10

Revenue surging 49.2% year-over-year

EPS GrowthGrowth
198.8%10/10

Earnings expanding 198.8% YoY

Areas to Watch

ALM4 concerns · Avg: 3.3/10
Price/BookValuation
11.2x4/10

Trading at 11.2x book value

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Debt/EquityHealth
1.473/10

Elevated debt levels

P/E RatioValuation
87.3x2/10

Premium valuation, high expectations priced in

HMY1 concerns · Avg: 3.0/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : ALM

The strongest argument for ALM centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 125.2% and operating margin at 37.5%. Revenue growth of 497.7% demonstrates continued momentum.

Bull Case : HMY

The strongest argument for HMY centers on PEG Ratio, P/E Ratio, Return on Equity. Profitability is solid with margins at 29.6% and operating margin at 47.2%. Revenue growth of 49.2% demonstrates continued momentum.

Bear Case : ALM

The primary concerns for ALM are Price/Book, EPS Growth, Debt/Equity. A P/E of 87.3x leaves little room for execution misses.

Bear Case : HMY

The primary concerns for HMY are Piotroski F-Score.

Key Dynamics to Monitor

ALM carries more volatility with a beta of 1.39 — expect wider price swings.

ALM is growing revenue faster at 497.7% — sustainability is the question.

HMY generates stronger free cash flow (10.3B), providing more financial flexibility.

Monitor OTHER INDUSTRIAL METALS & MINING industry trends, competitive dynamics, and regulatory changes.

Bottom Line

HMY scores higher overall (90/100 vs 57/100), backed by strong 29.6% margins and 49.2% revenue growth. Both earn "Exceptional Buy" and "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.

Almonty Industries Inc. Common Shares

BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING · USA

Almonty Industries Inc. engages in mining, processing, and shipping of tungsten concentrates. The company is headquartered in Dillon, Montana.

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.

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