Harvey Norman Holdings (CHIA:HVN) - Stock Price, News & Analysis

HVN Stock Overview

Engages in the integrated retail, franchise, property, and digital system businesses. More details

HVN fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	1/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 36.8% below our estimate of its fair value

Earnings are forecast to grow 9.1% per year

Trading at good value compared to peers and industry

Risk Analysis

Profit margins (12.6%) are lower than last year (19.4%)

Unstable dividend track record

Harvey Norman Holdings Limited Competitors

Myer Holdings

ASX:MYR

AU$832.9m

Wesfarmers

ASX:WES

AU$80.5b

Reject Shop

ASX:TRS

AU$113.0m

Premier Investments

ASX:PMV

AU$5.4b

Price History & Performance

Summary of all time highs, changes and price drops for Harvey Norman Holdings
Historical stock prices
Current Share Price	AU$4.72
52 Week High	AU$5.15
52 Week Low	AU$3.52
Beta	0.80
11 Month Change	1.94%
3 Month Change	-5.41%
1 Year Change	31.48%
33 Year Change	-6.72%
5 Year Change	9.51%
Change since IPO	47.96%

Recent updates

Shareholder Returns

	HVN	AU Multiline Retail	AU Market
7D	2.8%	1.0%	0.9%
1Y	31.5%	34.9%	18.4%

Return vs Industry: HVN matched the Australian Multiline Retail industry which returned 32.3% over the past year.

Return vs Market: HVN exceeded the Australian Market which returned 17.7% over the past year.

Price Volatility

Is HVN's price volatile compared to industry and market?
HVN volatility
HVN Average Weekly Movement	3.6%
Multiline Retail Industry Average Movement	4.2%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: HVN has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: HVN's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1982	6,500	Katie Page	www.harveynormanholdings.com.au

Harvey Norman Holdings Limited engages in the integrated retail, franchise, property, and digital system businesses. It franchises and sells products in various categories, including electrical goods, furniture, computerized communications, bedding and Manchester, kitchen and small appliances, bathroom and tiles, and carpets and floorings. It operates complexes under the Harvey Norman, Domayne, and Joyce Mayne brands.

Harvey Norman Holdings Limited Fundamentals Summary

How do Harvey Norman Holdings's earnings and revenue compare to its market cap?
HVN fundamental statistics
Market cap	AU$5.88b
Earnings (TTM)	AU$352.45m
Revenue (TTM)	AU$2.80b

16.7x

P/E Ratio

2.1x

P/S Ratio

Is HVN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HVN income statement (TTM)
Revenue	AU$2.80b
Cost of Revenue	AU$1.93b
Gross Profit	AU$872.34m
Other Expenses	AU$519.89m
Earnings	AU$352.45m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.28
Gross Margin	31.12%
Net Profit Margin	12.57%
Debt/Equity Ratio	20.8%

How did HVN perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

78%

Payout Ratio

HVN Stock Overview

Rewards

Risk Analysis

Harvey Norman Holdings Limited Competitors

ASX:MYR

AU$832.9m

ASX:WES

AU$80.5b

ASX:TRS

AU$113.0m

ASX:PMV

AU$5.4b

Price History & Performance

Recent News & Updates

Upcoming dividend of AU$0.12 per share

Harvey Norman Holdings Limited, Annual General Meeting, Nov 27, 2024

Final dividend of AU$0.12 announced

Full year 2024 earnings released: EPS: AU$0.28 (vs AU$0.43 in FY 2023)

Now 37% undervalued after recent price drop

Now 26% undervalued after recent price drop

Recent updates

Upcoming dividend of AU$0.12 per share

Harvey Norman Holdings Limited, Annual General Meeting, Nov 27, 2024

Final dividend of AU$0.12 announced

Full year 2024 earnings released: EPS: AU$0.28 (vs AU$0.43 in FY 2023)

Now 37% undervalued after recent price drop

Now 26% undervalued after recent price drop

Upcoming dividend of AU$0.10 per share

First half dividend reduced to AU$0.10

First half 2024 earnings released: EPS: AU$0.16 (vs AU$0.29 in 1H 2023)

Upcoming dividend of AU$0.12 per share at 6.3% yield

Full year 2023 earnings released: EPS: AU$0.43 (vs AU$0.65 in FY 2022)

Now 21% undervalued

Harvey Norman Holdings Limited to Report First Half, 2024 Results on Feb 29, 2024

Full year 2023 earnings released: EPS: AU$0.43 (vs AU$0.65 in FY 2022)

New minor risk - Profit margin trend

Harvey Norman Holdings Limited to Report Fiscal Year 2023 Results on Aug 31, 2023

Upcoming dividend of AU$0.13 per share at 8.2% yield

Co-Founder recently bought AU$29m worth of stock

Co-Founder recently bought AU$8.0m worth of stock

First half 2023 earnings released: EPS: AU$0.29 (vs AU$0.35 in 1H 2022)

Less than half of directors are independent

Upcoming dividend of AU$0.17 per share

Harvey Norman Holdings Limited, Annual General Meeting, Nov 24, 2022

Full year 2022 earnings released: EPS: AU$0.65 (vs AU$0.68 in FY 2021)

Harvey Norman Holdings Limited Announces Fully Franked Ordinary Paid Dividend for the Six Months Ended June 30, 2022, Payable on November 14, 2022

Less than half of directors are independent

Upcoming dividend of AU$0.20 per share

Co-Founder recently bought AU$3.4m worth of stock

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Harvey Norman Holdings Limited Recommends Fully Franked Interim Dividend, Payable on 2 May 2022

Independent Non-Executive Director recently bought AU$50k worth of stock

Upcoming dividend of AU$0.15 per share

Co-Founder recently bought AU$2.0m worth of stock

Full year 2021 earnings released: EPS AU$0.68 (vs AU$0.39 in FY 2020)

Co-Founder recently bought AU$998k worth of stock

Upcoming dividend of AU$0.20 per share

First half 2021 earnings released: EPS AU$0.37 (vs AU$0.18 in 1H 2020)

Harvey Norman Holdings Limited to Report Fiscal Year 2021 Results on Aug 31, 2021

New 90-day high: AU$5.62

Harvey Norman Holdings Limited(ASX:HVNRB) dropped from FTSE All-World Index (USD)

New 90-day high: AU$5.00

Harvey Norman Holdings Limited Elects Luisa Catanzaro as Director

Full year earnings released - EPS AU$0.39

Co-Founder recently bought AU$1.0m worth of stock

New 90-day high: AU$4.58

Harvey Norman Holdings Limited to Report First Half, 2021 Results on Feb 26, 2021

Full year earnings released

New 90-day high - AU$4.35

New 90-day high - AU$4.04

Harvey Norman Holdings Limited (ASX:HVN) completed the acquisition of 2nds World.