(HLIT) Harmonic - Ratings and Ratios
Broadcast,Video,Infrastructure,Servers,Storage
HLIT EPS (Earnings per Share)
HLIT Revenue
Description: HLIT Harmonic
Harmonic Inc, listed on NASDAQ under the ticker symbol HLIT, operates in the Communications Equipment sub-industry. The companys stock is a common stock originating from the United States.
To evaluate the investment potential of HLIT, we need to analyze its financial health and key performance indicators (KPIs). The market capitalization of Harmonic Inc stands at approximately $1.013 billion, indicating a mid-cap company. The Price-to-Earnings (P/E) ratio is 15.10, suggesting that the stock is reasonably valued relative to its earnings. However, the forward P/E ratio of 19.19 indicates expected growth in earnings. The Return on Equity (RoE) of 15.37% signifies that the company is generating substantial returns for its shareholders.
Key economic drivers for Harmonic Inc include the demand for communications equipment, driven by the ongoing deployment of 5G networks, increasing demand for bandwidth, and the need for efficient data transmission solutions. The companys performance is closely tied to the telecommunications industrys capital expenditure trends. Harmonics ability to innovate and adapt to emerging technologies will be crucial in maintaining its competitive edge.
To further assess HLITs investment potential, its essential to examine its income statement, particularly the yearly Income Tax Expense, to understand the companys tax obligations and their impact on net income. A thorough analysis of the companys cash flow statements and balance sheet will provide insights into its liquidity, debt management, and overall financial stability.
From a trading perspective, Harmonic Incs stock price movements and volatility should be analyzed in the context of the broader market and industry trends. The stocks beta of 0.999 indicates that it is closely correlated with the overall market, suggesting that its price movements are likely to mirror those of the broader market.
HLIT Stock Overview
| Market Cap in USD | 1,210m |
| Sub-Industry | Communications Equipment |
| IPO / Inception | 1995-05-22 |
HLIT Stock Ratings
| Growth Rating | -38.5% |
| Fundamental | 79.0% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -38.8% |
| Analyst Rating | 4.0 of 5 |
HLIT Dividends
Currently no dividends paidHLIT Growth Ratios
| Growth Correlation 3m | 87.5% |
| Growth Correlation 12m | -65.9% |
| Growth Correlation 5y | 43.9% |
| CAGR 5y | -11.97% |
| CAGR/Max DD 3y (Calmar Ratio) | -0.22 |
| CAGR/Mean DD 3y (Pain Ratio) | -0.38 |
| Sharpe Ratio 12m | 0.65 |
| Alpha | -44.05 |
| Beta | 1.008 |
| Volatility | 50.24% |
| Current Volume | 636.4k |
| Average Volume 20d | 712.5k |
| Stop Loss | 9.8 (-3.9%) |
| Signal | -0.42 |
Piotroski VR‑10 (Strict, 0-10) 8.0
| Net Income (68.6m TTM) > 0 and > 6% of Revenue (6% = 41.3m TTM) |
| FCFTA 0.15 (>2.0%) and ΔFCFTA 13.20pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 24.76% (prev 23.90%; Δ 0.87pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.16 (>3.0%) and CFO 129.2m > Net Income 68.6m (YES >=105%, WARN >=100%) |
| Net Debt (9.34m) to EBITDA (112.9m) ratio: 0.08 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.99 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (115.3m) change vs 12m ago 0.20% (target <= -2.0% for YES) |
| Gross Margin 55.40% (prev 48.76%; Δ 6.64pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 92.06% (prev 77.78%; Δ 14.28pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 12.82 (EBITDA TTM 112.9m / Interest Expense TTM 7.91m) >= 6 (WARN >= 3) |
Altman Z'' -12.20
| (A) 0.22 = (Total Current Assets 342.9m - Total Current Liabilities 172.2m) / Total Assets 783.3m |
| (B) -2.55 = Retained Earnings (Balance) -2.00b / Total Assets 783.3m |
| warn (B) unusual magnitude: -2.55 — check mapping/units |
| (C) 0.14 = EBIT TTM 101.3m / Avg Total Assets 748.5m |
| (D) -5.94 = Book Value of Equity -2.00b / Total Liabilities 336.9m |
| Total Rating: -12.20 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 79.03
| 1. Piotroski 8.0pt = 3.0 |
| 2. FCF Yield 9.69% = 4.84 |
| 3. FCF Margin 17.15% = 4.29 |
| 4. Debt/Equity 0.30 = 2.46 |
| 5. Debt/Ebitda 0.08 = 2.49 |
| 6. ROIC - WACC (= 8.12)% = 10.15 |
| 7. RoE 15.37% = 1.28 |
| 8. Rev. Trend 1.88% = 0.14 |
| 9. EPS Trend 7.41% = 0.37 |
What is the price of HLIT shares?
Over the past week, the price has changed by +5.05%, over one month by +1.69%, over three months by +9.21% and over the past year by -29.31%.
Is Harmonic a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HLIT is around 8.38 USD . This means that HLIT is currently overvalued and has a potential downside of -17.84%.
Is HLIT a buy, sell or hold?
- Strong Buy: 2
- Buy: 2
- Hold: 2
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the HLIT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 10.5 | 2.9% |
| Analysts Target Price | 10.5 | 2.9% |
| ValueRay Target Price | 9.4 | -8% |
Last update: 2025-10-09 02:25
HLIT Fundamental Data Overview
P/E Trailing = 17.6271
P/E Forward = 19.1939
P/S = 1.7565
P/B = 2.7013
P/EG = -0.21
Beta = 1.008
Revenue TTM = 689.1m USD
EBIT TTM = 101.3m USD
EBITDA TTM = 112.9m USD
Long Term Debt = 122.8m USD (from longTermDebt, last quarter)
Short Term Debt = 19.8m USD (from shortTermDebt, last quarter)
Debt = 133.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.34m USD (from netDebt column, last quarter)
Enterprise Value = 1.22b USD (1.21b + Debt 133.3m - CCE 123.9m)
Interest Coverage Ratio = 12.82 (Ebit TTM 101.3m / Interest Expense TTM 7.91m)
FCF Yield = 9.69% (FCF TTM 118.2m / Enterprise Value 1.22b)
FCF Margin = 17.15% (FCF TTM 118.2m / Revenue TTM 689.1m)
Net Margin = 9.96% (Net Income TTM 68.6m / Revenue TTM 689.1m)
Gross Margin = 55.40% ((Revenue TTM 689.1m - Cost of Revenue TTM 307.3m) / Revenue TTM)
Gross Margin QoQ = 53.46% (prev 59.02%)
Tobins Q-Ratio = 1.56 (Enterprise Value 1.22b / Total Assets 783.3m)
Interest Expense / Debt = 0.94% (Interest Expense 1.25m / Debt 133.3m)
Taxrate = 3.53% (105.0k / 2.98m)
NOPAT = 97.7m (EBIT 101.3m * (1 - 3.53%))
Current Ratio = 1.99 (Total Current Assets 342.9m / Total Current Liabilities 172.2m)
Debt / Equity = 0.30 (Debt 133.3m / totalStockholderEquity, last quarter 446.4m)
Debt / EBITDA = 0.08 (Net Debt 9.34m / EBITDA 112.9m)
Debt / FCF = 0.08 (Net Debt 9.34m / FCF TTM 118.2m)
Total Stockholder Equity = 446.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.76% (Net Income 68.6m / Total Assets 783.3m)
RoE = 15.37% (Net Income TTM 68.6m / Total Stockholder Equity 446.7m)
RoCE = 17.79% (EBIT 101.3m / Capital Employed (Equity 446.7m + L.T.Debt 122.8m))
RoIC = 16.98% (NOPAT 97.7m / Invested Capital 575.8m)
WACC = 8.86% (E(1.21b)/V(1.34b) * Re(9.73%) + D(133.3m)/V(1.34b) * Rd(0.94%) * (1-Tc(0.04)))
Discount Rate = 9.73% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.19%
[DCF Debug] Terminal Value 63.23% ; FCFE base≈76.3m ; Y1≈50.1m ; Y5≈22.9m
Fair Price DCF = 3.06 (DCF Value 348.5m / Shares Outstanding 113.8m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 7.41 | EPS CAGR: -33.22% | SUE: -0.87 | # QB: 0
Revenue Correlation: 1.88 | Revenue CAGR: -4.30% | SUE: 0.38 | # QB: 0
Additional Sources for HLIT Stock
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Fund Manager Positions: Dataroma | Stockcircle