HMON

HarmonychainOB:HMONY Stock Report

Market Cap

kr139.9m

7D

-13.1%

1Y

n/a

Updated

18 Sep, 2021

Data

Company Financials
HMONY fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

HMONY Overview

Harmonychain AS, a hardware and software company, engages in supercomputer development.

Price History & Performance

Summary of all time highs, changes and price drops for Harmonychain
Historical stock prices
Current Share Pricekr0.81
52 Week Highkr0.42
52 Week Lowkr2.40
Beta0
1 Month Change4.94%
3 Month Change-54.16%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-65.76%

Recent News & Updates

Shareholder Returns

HMONYNO SemiconductorNO Market
7D-13.1%-7.2%-0.5%
1Yn/a107.4%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

Is HMONY's price volatile compared to industry and market?
HMONY volatility
HMONY Beta0
Industry Beta1.09
Market Beta1

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

FoundedEmployeesCEOWebsite
2017n/aOla Stene-Johansenhttps://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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 16:21
End of Day Share Price2021/09/17 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.