HRV Stock Overview
Harvest Technology p.l.c., together with its subsidiaries, engages in the sale, maintenance, and servicing of information technology solutions and security systems in Malta, the European Union, and non- European Union countries.
Price History & Performance
|Historical stock prices|
|Current Share Price||€1.46|
|52 Week High||€1.59|
|52 Week Low||€1.40|
|1 Month Change||-2.67%|
|3 Month Change||-2.67%|
|1 Year Change||0.69%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-2.67%|
Recent News & Updates
Returns On Capital Are A Standout For Harvest Technology (MTSE:HRV)
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
|HRV||MT IT||MT Market|
Return vs Industry: HRV underperformed the MT IT industry which returned 15.9% over the past year.
Return vs Market: HRV exceeded the MT Market which returned -7.7% over the past year.
|HRV Average Weekly Movement||n/a|
|IT Industry Average Movement||5.2%|
|Market Average Movement||4.9%|
|10% most volatile stocks in MT Market||9.7%|
|10% least volatile stocks in MT Market||2.6%|
Stable Share Price: Insufficient data to determine HRV's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine HRV's volatility change over the past year.
About the Company
Harvest Technology p.l.c., together with its subsidiaries, engages in the sale, maintenance, and servicing of information technology solutions and security systems in Malta, the European Union, and non- European Union countries. It operates through two segments: Payment Processing Services and Retail and IT Solutions. The company also provides electronic payment solutions; and entities delivering systems engineering, e-commerce platforms, automation products, networking and system maintenance, product development, and IT outsourcing services.
Harvest Technology Fundamentals Summary
|HRV fundamental statistics|
Is HRV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HRV income statement (TTM)|
|Cost of Revenue||€9.67m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.14|
|Net Profit Margin||17.05%|
How did HRV perform over the long term?See historical performance and comparison
5.8%Current Dividend Yield
Is Harvest Technology undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HRV (€1.46) is trading below our estimate of fair value (€3.67)
Significantly Below Fair Value: HRV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HRV is good value based on its PE Ratio (10.8x) compared to the European IT industry average (25.2x).
PE vs Market: HRV is good value based on its PE Ratio (10.8x) compared to the MT market (23.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HRV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HRV is good value based on its PB Ratio (2.6x) compared to the XE IT industry average (3.6x).
How is Harvest Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Harvest Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Harvest Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HRV has high quality earnings.
Growing Profit Margin: HRV's current net profit margins (17.1%) are higher than last year (13.3%).
Past Earnings Growth Analysis
Earnings Trend: HRV's earnings have grown significantly by 37.4% per year over the past 5 years.
Accelerating Growth: HRV's earnings growth over the past year (32.5%) is below its 5-year average (37.4% per year).
Earnings vs Industry: HRV earnings growth over the past year (32.5%) exceeded the IT industry 26%.
Return on Equity
High ROE: HRV's Return on Equity (24%) is considered high.
How is Harvest Technology's financial position?
Financial Position Analysis
Short Term Liabilities: HRV's short term assets (€10.2M) exceed its short term liabilities (€6.6M).
Long Term Liabilities: HRV's short term assets (€10.2M) exceed its long term liabilities (€1.8M).
Debt to Equity History and Analysis
Debt Level: HRV has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HRV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HRV's debt is well covered by operating cash flow (738.9%).
Interest Coverage: HRV's interest payments on its debt are well covered by EBIT (42.7x coverage).
What is Harvest Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HRV's dividend (5.75%) is higher than the bottom 25% of dividend payers in the MT market (2.11%).
High Dividend: HRV's dividend (5.75%) is in the top 25% of dividend payers in the MT market (4.55%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether HRV's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if HRV's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.4%), HRV's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Godwin Caruana, Ph D., is the Chief Technical Officer at 1923 Investments plc. serves as the Chief Executive Officer and Chief Technology Officer at Harvest Technology p.l.c. (formerly known as Harvest...
Experienced Management: HRV's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: HRV's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Harvest Technology p.l.c.'s employee growth, exchange listings and data sources
- Name: Harvest Technology p.l.c.
- Ticker: HRV
- Exchange: MTSE
- Founded: 2013
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: €33.260m
- Shares outstanding: 22.78m
- Website: https://harvest.tech
Number of Employees
- Harvest Technology p.l.c.
- Nineteen Twenty-Three
- Valletta Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/06 16:31|
|End of Day Share Price||2021/11/30 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.