Harmoney Corp Limited provides online unsecured personal loans in Australia and New Zealand.
No risks detected for HMY from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.82|
|52 Week High||AU$1.20|
|52 Week Low||AU$3.55|
|1 Month Change||-3.19%|
|3 Month Change||-1.36%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-47.25%|
Recent News & Updates
What You Need To Know About Harmoney Corp Limited's (ASX:HMY) Investor Composition
The big shareholder groups in Harmoney Corp Limited ( ASX:HMY ) have power over the company. Generally speaking, as a...
|HMY||AU Consumer Finance||AU Market|
Return vs Industry: Insufficient data to determine how HMY performed against the Australian Consumer Finance industry.
Return vs Market: Insufficient data to determine how HMY performed against the Australian Market.
Stable Share Price: HMY is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: HMY's weekly volatility (8%) has been stable over the past year.
About the Company
Harmoney Corp Limited provides online unsecured personal loans in Australia and New Zealand. The company’s personal loans are used for various purposes, including debt consolidation, home improvement, wedding, car purchase, holiday, education, business, and medical expenses. It distributes its loan products through Stellare, a digital lending platform.
Harmoney Fundamentals Summary
|HMY fundamental statistics|
Is HMY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HMY income statement (TTM)|
|Cost of Revenue||NZ$4.01m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.27|
|Net Profit Margin||-174.22%|
How did HMY perform over the long term?See historical performance and comparison
Is Harmoney undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate HMY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HMY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HMY is unprofitable, so we can't compare its PE Ratio to the Australian Consumer Finance industry average.
PE vs Market: HMY is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HMY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HMY is overvalued based on its PB Ratio (2.5x) compared to the AU Consumer Finance industry average (1.8x).
How is Harmoney forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HMY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: HMY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HMY's is expected to become profitable in the next 3 years.
Revenue vs Market: HMY's revenue (43.7% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: HMY's revenue (43.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HMY's Return on Equity is forecast to be low in 3 years time (12.6%).
How has Harmoney performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HMY is currently unprofitable.
Growing Profit Margin: HMY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HMY is unprofitable, and losses have increased over the past 5 years at a rate of 64.8% per year.
Accelerating Growth: Unable to compare HMY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HMY is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (171.9%).
Return on Equity
High ROE: HMY has a negative Return on Equity (-35.71%), as it is currently unprofitable.
How is Harmoney's financial position?
Financial Position Analysis
Short Term Liabilities: HMY's short term assets (NZ$373.2M) exceed its short term liabilities (NZ$21.0M).
Long Term Liabilities: HMY's short term assets (NZ$373.2M) exceed its long term liabilities (NZ$292.0M).
Debt to Equity History and Analysis
Debt Level: HMY's debt to equity ratio (385.3%) is considered high.
Reducing Debt: Insufficient data to determine if HMY's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HMY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HMY has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 42.4% each year
What is Harmoney current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HMY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HMY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HMY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HMY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HMY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. David John Stevens, BCom, CA, SA Fin, serves as Chief Executive Officer of HarMoney Corporation Limited since September 2019 and also serves as its Managing Director. He serves as Director at HarMoney...
Experienced Management: HMY's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: HMY's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: HMY only recently listed within the past 12 months.
Harmoney Corp Limited's employee growth, exchange listings and data sources
- Name: Harmoney Corp Limited
- Ticker: HMY
- Exchange: ASX
- Founded: 2013
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: AU$183.661m
- Shares outstanding: 100.91m
- Website: https://www.harmoney.co.nz
- Harmoney Corp Limited
- 79 Carlton Gore Road
- Ground Floor
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:56|
|End of Day Share Price||2021/10/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.