Share Price & News
How has Harmonic's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HMC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HMC exceeded the German Communications industry which returned 1.7% over the past year.
Return vs Market: HMC exceeded the German Market which returned 9.9% over the past year.
Price Volatility Vs. Market
How volatile is Harmonic's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Harmonic 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 HMC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HMC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HMC is unprofitable, so we can't compare its PE Ratio to the Communications industry average.
PE vs Market: HMC is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HMC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HMC is overvalued based on its PB Ratio (3x) compared to the DE Communications industry average (2.4x).
How is Harmonic forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HMC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: HMC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HMC's is expected to become profitable in the next 3 years.
Revenue vs Market: HMC's revenue (11.8% per year) is forecast to grow faster than the German market (4.8% per year).
High Growth Revenue: HMC's revenue (11.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HMC's Return on Equity is forecast to be high in 3 years time
How has Harmonic performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HMC has large one-off items impacting its financial results.
Growing Profit Margin: HMC's current net profit margins (-2.1%) are higher than last year (-9.3%).
Past Earnings Growth Analysis
Earnings Trend: HMC is unprofitable, but has reduced losses over the past 5 years at a rate of 1.1% per year.
Accelerating Growth: Unable to compare HMC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HMC is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (21.6%).
Return on Equity
High ROE: HMC has a negative Return on Equity (-3.39%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Harmonic's financial position?
Financial Position Analysis
Short Term Liabilities: HMC's short term assets ($236.9M) exceeds its short term liabilities ($146.5M)
Long Term Liabilities: HMC's short term assets (236.9M) exceeds its long term liabilities (180.7M)
Debt to Equity History and Analysis
Debt Level: HMC's debt to equity ratio (61.2%) is considered high
Reducing Debt: Insufficient data to determine if HMC's debt to equity ratio has reduced over the past 5 years.
Inventory Level: HMC has a low level of unsold assets or inventory.
Debt Coverage by Assets: HMC's debt is covered by short term assets (assets are 1.6x debt).
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: Whilst unprofitable HMC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HMC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 97.9% per year.
What is Harmonic's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate HMC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate HMC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HMC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HMC'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 HMC's dividend in 3 years as they are not forecast to pay a notable one for the German market.
What is the CEO of Harmonic's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Patrick Harshman (54yo)
Dr. Patrick J. Harshman has been the Chief Executive Officer and President of Harmonic Inc. since May 4, 2006. Dr. Harshman has driven Harmonic’s strategic re-positioning as the worldwide leader in video d ...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD2.34M) is above average for companies of similar size in the German market ($USD1.18M).
Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.
Management Age and Tenure
Experienced Management: HMC's management team is seasoned and experienced (6.1 years average tenure).
Board Age and Tenure
Experienced Board: HMC's board of directors are considered experienced (6.6 years average tenure).
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.9%.
Patrick Harshman (54yo)
- Tenure: 13.5yrs
- Compensation: US$2.34m
Senior Vice President of Business Development
- Tenure: 2.8yrs
Neven Haltmayer (54yo)
Senior Vice President of R&D - Video Business
- Tenure: 8.7yrs
- Compensation: US$965.14k
Nimrod Ben-Natan (51yo)
Senior VP & GM of Cable Access Business
- Tenure: 7.4yrs
- Compensation: US$1.24m
Tim Chu (46yo)
- Tenure: 6.1yrs
Senior Vice President of Video Products & Corporate Development
- Tenure: 0yrs
Sanjay Kalra (46yo)
- Tenure: 2.4yrs
- Compensation: US$1.02m
Senior VP of Global Sales & Video Services
- Tenure: 0.8yrs
David Krall (59yo)
- Tenure: 1.8yrs
- Compensation: US$204.66k
Susan Swenson (70yo)
- Tenure: 7.8yrs
- Compensation: US$182.00k
Patrick Harshman (54yo)
- Tenure: 13.5yrs
- Compensation: US$2.34m
Pat Gallagher (64yo)
Chairman of the Board
- Tenure: 6.6yrs
- Compensation: US$209.50k
Nikos Theodosopoulos (56yo)
- Tenure: 4.7yrs
- Compensation: US$187.00k
Mitzi Reaugh (41yo)
- Tenure: 7.3yrs
- Compensation: US$164.00k
Debbie Clifford (45yo)
- Tenure: 1.1yrs
- Compensation: US$169.81k
Harmonic Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Harmonic Inc.
- Ticker: HMC
- Exchange: DB
- Founded: 1988
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$713.711m
- Listing Market Cap: US$646.051m
- Shares outstanding: 90.34m
- Website: https://www.harmonicinc.com
Number of Employees
- Harmonic Inc.
- 4300 North First Street
- San Jose
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HLIT||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||May 1995|
|HMC||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 1995|
|0J38||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||May 1995|
Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions worldwide. Its products enable customers to create, prepare, and deliver a range of video and broadband ser ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/11/16 20:35|
|End of Day Share Price||2019/11/15 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.