HLIT Harmonic Inc

Price (delayed)

$9.69

Market cap

$1.13B

P/E Ratio

28.5

Dividend/share

N/A

EPS

$0.34

Enterprise value

$1.18B

Harmonic, the worldwide leader in virtualized cable access and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The ...

Highlights
HLIT's quick ratio has surged by 101% year-on-year and by 16% since the previous quarter
HLIT's gross profit is up by 17% year-on-year and by 13% since the previous quarter
Harmonic's EPS has plunged by 55% from the previous quarter and by 55% YoY
The net income has plunged by 54% from the previous quarter and by 53% YoY

Key stats

What are the main financial stats of HLIT
Market
Shares outstanding
117.05M
Market cap
$1.13B
Enterprise value
$1.18B
Valuations
Price to earnings (P/E)
28.5
Price to book (P/B)
2.43
Price to sales (P/S)
1.64
EV/EBIT
18.09
EV/EBITDA
15.26
EV/Sales
1.74
Earnings
Revenue
$678.72M
Gross profit
$365.92M
Operating income
$63.14M
Net income
$39.22M
EBIT
$65.26M
EBITDA
$77.4M
Free cash flow
$52.73M
Per share
EPS
$0.34
EPS diluted
$0.33
Free cash flow per share
$0.46
Book value per share
$3.99
Revenue per share
$5.9
TBVPS
$4.86
Balance sheet
Total assets
$796.51M
Total liabilities
$331.25M
Debt
$148.32M
Equity
$465.26M
Working capital
$198.51M
Liquidity
Debt to equity
0.32
Current ratio
2.18
Quick ratio
1.67
Net debt/EBITDA
0.6
Margins
EBITDA margin
11.4%
Gross margin
53.9%
Net margin
5.8%
Operating margin
9.3%
Efficiency
Return on assets
5.2%
Return on equity
9.2%
Return on invested capital
16.2%
Return on capital employed
10.4%
Return on sales
9.6%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

HLIT stock price

How has the Harmonic stock price performed over time
Intraday
1.57%
1 week
-2.52%
1 month
-6.01%
1 year
-24.94%
YTD
-26.76%
QTD
1.04%

Financial performance

How have Harmonic's revenue and profit performed over time
Revenue
$678.72M
Gross profit
$365.92M
Operating income
$63.14M
Net income
$39.22M
Gross margin
53.9%
Net margin
5.8%
HLIT's operating margin has soared by 191% QoQ and by 158% YoY
The operating income has soared by 185% YoY
Harmonic's net margin has shrunk by 58% YoY and by 57% QoQ
The net income has plunged by 54% from the previous quarter and by 53% YoY

Growth

What is Harmonic's growth rate over time

Valuation

What is Harmonic stock price valuation
P/E
28.5
P/B
2.43
P/S
1.64
EV/EBIT
18.09
EV/EBITDA
15.26
EV/Sales
1.74
Harmonic's EPS has plunged by 55% from the previous quarter and by 55% YoY
The price to earnings (P/E) is 10% higher than the last 4 quarters average of 25.6
The stock's price to book (P/B) is 34% less than its last 4 quarters average of 3.6 and 32% less than its 5-year quarterly average of 3.5
HLIT's equity is up by 8% QoQ and by 6% YoY
The stock's P/S is 35% below its last 4 quarters average of 2.5 and 23% below its 5-year quarterly average of 2.1
Harmonic's revenue has increased by 12% YoY and by 9% from the previous quarter

Efficiency

How efficient is Harmonic business performance
Harmonic's ROS has soared by 167% YoY
The company's return on invested capital has surged by 95% YoY
HLIT's return on equity has dropped by 60% year-on-year and by 55% since the previous quarter
HLIT's return on assets has dropped by 56% year-on-year and by 54% since the previous quarter

Dividends

What is HLIT's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for HLIT.

Financial health

How did Harmonic financials performed over time
The company's total assets is 140% higher than its total liabilities
HLIT's quick ratio has surged by 101% year-on-year and by 16% since the previous quarter
HLIT's current ratio has soared by 80% YoY and by 4.8% from the previous quarter
Harmonic's debt is 68% lower than its equity
Harmonic's debt to equity has decreased by 11% YoY and by 9% QoQ
HLIT's equity is up by 8% QoQ and by 6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.