| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
HMONY Overview
Harmonychain AS, a hardware and software company, engages in supercomputer development.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr0.81 |
| 52 Week High | kr0.42 |
| 52 Week Low | kr2.40 |
| Beta | 0 |
| 1 Month Change | 4.94% |
| 3 Month Change | -54.16% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -65.76% |
Recent News & Updates
Shareholder Returns
| HMONY | NO Semiconductor | NO Market | |
|---|---|---|---|
| 7D | -13.1% | -7.2% | -0.5% |
| 1Y | n/a | 107.4% | 20.4% |
Return vs Industry: Insufficient data to determine how HMONY performed against the Norwegian Semiconductor industry.
Return vs Market: Insufficient data to determine how HMONY performed against the Norwegian Market.
Price Volatility
| HMONY volatility | |
|---|---|
| HMONY Beta | 0 |
| Industry Beta | 1.09 |
| Market Beta | 1 |
Stable Share Price: HMONY is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 37% a week.
Volatility Over Time: HMONY's weekly volatility has increased from 28% to 37% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | Ola Stene-Johansen | https://harmonychain.com |
Harmonychain AS, a hardware and software company, engages in supercomputer development. It also focuses on the development of artificial intelligence (AI) and scrypt algorithm ASIC supercomputer microchip for use in cryptocurrency accounting/mining applications. The company was incorporated in 2017 and is based in Oslo, Norway.
Valuation
Is Harmonychain undervalued compared to its fair value and its price relative to the market?
19.22x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate HMONY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HMONY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HMONY is unprofitable, so we can't compare its PE Ratio to the European Semiconductor industry average.
PE vs Market: HMONY is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HMONY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HMONY is overvalued based on its PB Ratio (19.2x) compared to the XE Semiconductor industry average (5x).
Future Growth
How is Harmonychain forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.0%
Forecasted Semiconductors 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 Harmonychain 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.
Past Performance
How has Harmonychain performed over the past 5 years?
12.5%
Historical Semiconductors annual earnings growth
Earnings and Revenue History
Quality Earnings: HMONY is currently unprofitable.
Growing Profit Margin: HMONY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if HMONY's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare HMONY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HMONY is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (64.3%).
Return on Equity
High ROE: HMONY has a negative Return on Equity (-2.63%), as it is currently unprofitable.
Financial Health
How is Harmonychain's financial position?
Financial Position Analysis
Short Term Liabilities: HMONY's short term assets (NOK4.0M) exceed its short term liabilities (NOK254.8K).
Long Term Liabilities: HMONY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HMONY is debt free.
Reducing Debt: HMONY has not had any debt for past 5 years.
Debt Coverage: HMONY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HMONY has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Harmonychain current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HMONY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HMONY'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 HMONY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HMONY'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 HMONY's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Ola Stene-Johansen
no data
Tenure
Mr. Ola Stene-Johansen serves as Chief Executive Officer at Harmonychain AS. Previously Chief Investment Officer at Marstal AS (family office). In addition to business experience, he has long experience fr...
Ownership
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.
Ownership Breakdown
Dilution of Shares: HMONY only recently listed within the past 12 months.
Top Shareholders
Company Information
Harmonychain AS's employee growth, exchange listings and data sources
Key Information
- Name: Harmonychain AS
- Ticker: HMONY
- Exchange: OB
- Founded: 2017
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: kr139.946m
- Shares outstanding: 173.20m
- Website: https://harmonychain.com
Location
- Harmonychain AS
- Øvre Slottsgate 7
- Oslo
- Oslo
- 157
- Norway
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 16:21 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.