COMPARE · Data as of August 21, 2026
AU vs HMY
Verdict: Side-by-side breakdown using the Bull Rankings model. AU scored 64.7, HMY scored 72.8 — HMY leads.
Compare another set
AU
AngloGold Ashanti plc
64.7
$121.22 · $61.3B
fundamentals as of
Score gap
8.1
HMY leads
HMY
Harmony Gold Mining Company Ltd
72.8
$23.54 · $221.0B
At a glance · who leads each dimension, on the model's own rules
- CheapestHMY12.5x
- Fastest growthAU+70.8%
- Strongest balance sheetHMY0.05
- Highest qualityAU94 / 100
- Largest discount to fair valueAU-27%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
AU
stronger →← stronger
HMY
94
Qualityreturns · margins · balance sheet
89
50
Growthrevenue & earnings expansion
50
58
Valuevaluation vs sector peers
87
AU and HMY split the three pillars evenly.
Fundamentals, head-to-head
AU
HMY
$3.3bB
FCF
—
+70.8%A
Rev
+20.9%A-
0.17B+
D/E
0.05A
16.2xB+
P/E
12.5xB+
0.78A-
PEG
—
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
AU
HMY
27% below
Price vs fair valuelower is cheaper
—
~2%/yr
Growth the price implies10-yr FCF · lower = less priced in
—
+17%
1-yr DCF upside
—
+38%
5-yr DCF upside
—
+75%
10-yr DCF upside
—
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
AU
Why this score
- Raising its dividend
- Cyclical growth
HMY
Why this score
- Raising its dividend
- Durable high returns
- Cyclical growth
The companies
AUAngloGold Ashanti plc
Why now
Gold · market cap $61.3b. 6% off the 52-week high of $129.14. Revenue growing +71% — in hypergrowth territory. PEG 0.78 — paying under fair value for the growth rate. 8 sell-side analysts rate this a Buy with a mean 1-yr target of $113.13 (implying -7% upside).
Moat
Net margin 32% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 32% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 105% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
HMYHarmony Gold Mining Company Ltd
Why now
Metals & Mining · market cap $221.0b. Down 100% from 52-week high of $42888.00 — deep drawdown territory. Revenue growing +21%, comfortably above the S&P median.
Moat
Net margin 20% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 33% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. $221.0b market cap places it among the largest companies in the sector — distribution, R&D, and customer-acquisition costs amortize across a base peers can't replicate.
Risk
Down 100% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Beta 2.36 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Jurisdictional + permitting risk — mining and extraction operations concentrate exposure to political stability, royalty regimes, and environmental review timelines that can stall production for years.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where AU and HMY diverge
On the headline score the gap is 8.1 points in favor of HMY. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- ValueAU 57.8 · HMY 86.7HMY +28.9
- QualityAU 93.7 · HMY 89.2AU +4.5
- GrowthAU 50.0 · HMY 50.0level
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.