Harmonic Inc. (FRA:HMC)

Harmonic Statistics

Total Valuation

Harmonic has a market cap or net worth of EUR 925.31 million. The enterprise value is 941.86 million.

Market Cap	925.31M
Enterprise Value	941.86M

Important Dates

The next estimated earnings date is Tuesday, February 10, 2026.

Earnings Date	Feb 10, 2026
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	112.23M
Shares Outstanding	n/a
Shares Change (YoY)	-1.34%
Shares Change (QoQ)	-0.15%
Owned by Insiders (%)	1.38%
Owned by Institutions (%)	89.63%
Float	110.61M

Valuation Ratios

The trailing PE ratio is 21.80 and the forward PE ratio is 16.84.

PE Ratio	21.80
Forward PE	16.84
PS Ratio	1.70
PB Ratio	2.44
P/TBV Ratio	5.38
P/FCF Ratio	8.11
P/OCF Ratio	7.50
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.67, with an EV/FCF ratio of 8.25.

EV / Earnings	22.19
EV / Sales	1.72
EV / EBITDA	10.67
EV / EBIT	13.15
EV / FCF	8.25

Financial Position

The company has a current ratio of 2.08, with a Debt / Equity ratio of 0.33.

Current Ratio	2.08
Quick Ratio	1.50
Debt / Equity	0.33
Debt / EBITDA	1.43
Debt / FCF	1.10
Interest Coverage	12.97

Financial Efficiency

Return on equity (ROE) is 11.38% and return on invested capital (ROIC) is 8.88%.

Return on Equity (ROE)	11.38%
Return on Assets (ROA)	6.84%
Return on Invested Capital (ROIC)	8.88%
Return on Capital Employed (ROCE)	13.81%
Revenue Per Employee	450,049
Profits Per Employee	35,132
Employee Count	1,240
Asset Turnover	0.84
Inventory Turnover	3.95

Taxes

In the past 12 months, Harmonic has paid 22.82 million in taxes.

Income Tax	22.82M
Effective Tax Rate	34.96%

Stock Price Statistics

The stock price has decreased by -30.74% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-30.74%
50-Day Moving Average	8.53
200-Day Moving Average	8.27
Relative Strength Index (RSI)	45.65
Average Volume (20 Days)	n/a

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	2.16

Income Statement

In the last 12 months, Harmonic had revenue of EUR 543.66 million and earned 42.44 million in profits. Earnings per share was 0.36.

Revenue	543.66M
Gross Profit	303.26M
Operating Income	71.03M
Pretax Income	65.26M
Net Income	42.44M
EBITDA	80.59M
EBIT	71.03M
Earnings Per Share (EPS)	0.36

Balance Sheet

The company has 108.93 million in cash and 125.34 million in debt, giving a net cash position of -16.41 million.

Cash & Cash Equivalents	108.93M
Total Debt	125.34M
Net Cash	-16.41M
Net Cash Per Share	n/a
Equity (Book Value)	378.86M
Book Value Per Share	3.38
Working Capital	145.32M

Cash Flow

In the last 12 months, operating cash flow was 123.33 million and capital expenditures -9.19 million, giving a free cash flow of 114.13 million.

Operating Cash Flow	123.33M
Capital Expenditures	-9.19M
Free Cash Flow	114.13M
FCF Per Share	n/a

Margins

Gross margin is 55.78%, with operating and profit margins of 13.07% and 7.81%.

Gross Margin	55.78%
Operating Margin	13.07%
Pretax Margin	12.00%
Profit Margin	7.81%
EBITDA Margin	14.82%
EBIT Margin	13.07%
FCF Margin	20.99%

Dividends & Yields

Harmonic does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	1.34%
Shareholder Yield	1.34%
Earnings Yield	4.59%
FCF Yield	12.33%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on October 15, 1999. It was a forward split with a ratio of 2.

Last Split Date	Oct 15, 1999
Split Type	Forward
Split Ratio	2

Scores

Harmonic has an Altman Z-Score of 0.11 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.11
Piotroski F-Score	7