Harmonic Statistics
Total Valuation
Harmonic has a market cap or net worth of $1.23 billion. The enterprise value is $1.28 billion.
| Market Cap | 1.23B |
| Enterprise Value | 1.28B |
Important Dates
The last earnings date was Monday, February 10, 2025, after market close.
| Earnings Date | Feb 10, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Harmonic has 117.05 million shares outstanding. The number of shares has increased by 0.10% in one year.
| Current Share Class | 117.05M |
| Shares Outstanding | 117.05M |
| Shares Change (YoY) | +0.10% |
| Shares Change (QoQ) | +0.29% |
| Owned by Insiders (%) | 1.98% |
| Owned by Institutions (%) | 95.55% |
| Float | 114.68M |
Valuation Ratios
The trailing PE ratio is 31.88 and the forward PE ratio is 18.13.
| PE Ratio | 31.88 |
| Forward PE | 18.13 |
| PS Ratio | 1.78 |
| Forward PS | 1.86 |
| PB Ratio | 2.64 |
| P/TBV Ratio | 5.39 |
| P/FCF Ratio | 23.35 |
| P/OCF Ratio | 19.89 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.15, with an EV/FCF ratio of 24.24.
| EV / Earnings | 32.59 |
| EV / Sales | 1.88 |
| EV / EBITDA | 12.15 |
| EV / EBIT | 13.74 |
| EV / FCF | 24.24 |
Financial Position
The company has a current ratio of 2.18, with a Debt / Equity ratio of 0.32.
| Current Ratio | 2.18 |
| Quick Ratio | 1.69 |
| Debt / Equity | 0.32 |
| Debt / EBITDA | 1.30 |
| Debt / FCF | 2.81 |
| Interest Coverage | 12.70 |
Financial Efficiency
Return on equity (ROE) is 8.69% and return on invested capital (ROIC) is 9.64%.
| Return on Equity (ROE) | 8.69% |
| Return on Assets (ROA) | 7.43% |
| Return on Invested Capital (ROIC) | 9.64% |
| Return on Capital Employed (ROCE) | 14.79% |
| Revenue Per Employee | $547,356 |
| Profits Per Employee | $31,627 |
| Employee Count | 1,240 |
| Asset Turnover | 0.87 |
| Inventory Turnover | 4.22 |
Taxes
In the past 12 months, Harmonic has paid $18.72 million in taxes.
| Income Tax | 18.72M |
| Effective Tax Rate | 32.31% |
Stock Price Statistics
The stock price has decreased by -21.78% in the last 52 weeks. The beta is 0.89, so Harmonic's price volatility has been lower than the market average.
| Beta (5Y) | 0.89 |
| 52-Week Price Change | -21.78% |
| 50-Day Moving Average | 12.15 |
| 200-Day Moving Average | 12.62 |
| Relative Strength Index (RSI) | 39.68 |
| Average Volume (20 Days) | 1,795,007 |
Short Selling Information
The latest short interest is 2.43 million, so 2.07% of the outstanding shares have been sold short.
| Short Interest | 2.43M |
| Short Previous Month | 2.94M |
| Short % of Shares Out | 2.07% |
| Short % of Float | 2.12% |
| Short Ratio (days to cover) | 2.48 |
Income Statement
In the last 12 months, Harmonic had revenue of $678.72 million and earned $39.22 million in profits. Earnings per share was $0.33.
| Revenue | 678.72M |
| Gross Profit | 366.38M |
| Operating Income | 93.04M |
| Pretax Income | -27.04M |
| Net Income | 39.22M |
| EBITDA | 105.18M |
| EBIT | 93.04M |
| Earnings Per Share (EPS) | $0.33 |
Balance Sheet
The company has $101.46 million in cash and $148.32 million in debt, giving a net cash position of -$46.86 million or -$0.40 per share.
| Cash & Cash Equivalents | 101.46M |
| Total Debt | 148.32M |
| Net Cash | -46.86M |
| Net Cash Per Share | -$0.40 |
| Equity (Book Value) | 465.26M |
| Book Value Per Share | 3.99 |
| Working Capital | 198.51M |
Cash Flow
In the last 12 months, operating cash flow was $61.92 million and capital expenditures -$9.19 million, giving a free cash flow of $52.73 million.
| Operating Cash Flow | 61.92M |
| Capital Expenditures | -9.19M |
| Free Cash Flow | 52.73M |
| FCF Per Share | $0.45 |
Margins
Gross margin is 53.98%, with operating and profit margins of 13.71% and 5.78%.
| Gross Margin | 53.98% |
| Operating Margin | 13.71% |
| Pretax Margin | 8.54% |
| Profit Margin | 5.78% |
| EBITDA Margin | 15.50% |
| EBIT Margin | 13.71% |
| FCF Margin | 7.77% |
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 | -0.10% |
| Shareholder Yield | -0.10% |
| Earnings Yield | 3.18% |
| FCF Yield | 4.28% |
Analyst Forecast
The average price target for Harmonic is $13.17, which is 25.19% higher than the current price. The consensus rating is "Buy".
| Price Target | $13.17 |
| Price Target Difference | 25.19% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on October 15, 1999. It was a forward split with a ratio of 2:1.
| Last Split Date | Oct 15, 1999 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Harmonic has an Altman Z-Score of 0.73 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.73 |
| Piotroski F-Score | 7 |