Harmonic Valuation
| HLIT Stock | USD 12.47 0.08 0.65% |
At this time, the firm appears to be undervalued. Harmonic retains a regular Real Value of $15.34 per share. The prevalent price of the firm is $12.47. Our model calculates the value of Harmonic from evaluating the firm fundamentals such as Current Valuation of 1.55 B, return on asset of 0.0459, and Return On Equity of 0.22 as well as inspecting its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Harmonic's valuation include:
Price Book 3.3877 | Enterprise Value 1.5 B | Enterprise Value Ebitda 54.6348 | Price Sales 2.33 | Forward PE 19.1939 |
Undervalued
Today
Please note that Harmonic's price fluctuation is not too volatile at this time. Calculation of the real value of Harmonic is based on 3 months time horizon. Increasing Harmonic's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Harmonic's intrinsic value may or may not be the same as its current market price of 12.47, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.47 | Real 15.34 | Target 18.0 | Hype 12.43 | Naive 13.18 |
The intrinsic value of Harmonic's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Harmonic's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Harmonic helps investors to forecast how Harmonic stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Harmonic more accurately as focusing exclusively on Harmonic's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Harmonic's intrinsic value based on its ongoing forecasts of Harmonic's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Harmonic's closest peers.
Harmonic Cash |
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Harmonic Valuation Trend
Harmonic's real value is important for investors to make better decisions and a more accurate overall view of Harmonic's financial worth over time. Using both Harmonic's enterprise value as well as its market capitalization is the best way to gauge the value of the company and is usually enough for investors to make market timing conclusions.
Harmonic Revenue by Product
Harmonic Total Value Analysis
Harmonic is currently forecasted to have valuation of 1.55 B with market capitalization of 1.45 B, debt of 156.05 M, and cash on hands of 121.82 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Harmonic fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.55 B | 1.45 B | 156.05 M | 121.82 M |
Harmonic Investor Information
About 95.0% of the company shares are owned by institutional investors. The book value of Harmonic was currently reported as 3.68. The company had not issued any dividends in recent years. Harmonic had 2:1 split on the 15th of October 1999. Based on the measurements of operating efficiency obtained from Harmonic's historical financial statements, Harmonic is performing exceptionally good at this time. It has a great probability to report excellent financial results in December.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Total Cash From Operating Activities | 5 M | 7.1 M |
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Harmonic Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Harmonic has an asset utilization ratio of 79.13 percent. This implies that the Company is making $0.79 for each dollar of assets. An increasing asset utilization means that Harmonic is more efficient with each dollar of assets it utilizes for everyday operations.Harmonic Ownership Allocation
Harmonic has a total of 116.53 Million outstanding shares. The majority of Harmonic outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Harmonic to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Harmonic. Please pay attention to any change in the institutional holdings of Harmonic as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.Harmonic Profitability Analysis
The company reported the previous year's revenue of 607.91 M. Net Income was 83.99 M with profit before overhead, payroll, taxes, and interest of 316.42 M.About Harmonic Valuation
The stock valuation mechanism determines Harmonic's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Harmonic based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Harmonic. We calculate exposure to Harmonic's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Harmonic's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 312.5 M | 166.2 M | |
| Pretax Profit Margin | 0.03 | 0.03 | |
| Operating Profit Margin | 0.04 | 0.04 | |
| Net Profit Margin | 0.14 | 0.15 | |
| Gross Profit Margin | 0.50 | 0.35 |
Harmonic Growth Indicators
Investing in growth stocks can be very risky. If the company such as Harmonic does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 117.4 M | |
| Quarterly Earnings Growth Y O Y | 13.465 | |
| Forward Price Earnings | 19.1939 |
Harmonic Current Valuation Indicators
Harmonic's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Harmonic's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Harmonic, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Harmonic's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Harmonic's worth.Additional Tools for Harmonic Stock Analysis
When running Harmonic's price analysis, check to measure Harmonic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harmonic is operating at the current time. Most of Harmonic's value examination focuses on studying past and present price action to predict the probability of Harmonic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmonic's price. Additionally, you may evaluate how the addition of Harmonic to your portfolios can decrease your overall portfolio volatility.