Harmonic Stock Return On Equity

HLIT Stock

USD 10.19 0.15 1.45%

Harmonic fundamentals help investors to digest information that contributes to Harmonic's financial success or failures. It also enables traders to predict the movement of Harmonic Stock. The fundamental analysis module provides a way to measure Harmonic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Harmonic stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.08	0.09

Return On Equity is likely to gain to 0.09 in 2025.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Harmonic Company Return On Equity Analysis

Harmonic's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Harmonic Return On Equity

0.0869

Most of Harmonic's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Harmonic is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Harmonic Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Harmonic is extremely important. It helps to project a fair market value of Harmonic Stock properly, considering its historical fundamentals such as Return On Equity. Since Harmonic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Harmonic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Harmonic's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Short Term Investments	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Good Will	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.78	0.07	-0.77	0.63	0.64	0.63	0.91	0.41	0.25	-0.14	0.31	0.29	-0.2	0.04	0.84	0.02	0.12	0.1	-0.31	0.3	0.19	0.47	0.19	0.44
Total Stockholder Equity	0.78		-0.54	-0.45	0.13	0.47	0.0	0.9	0.07	0.6	0.43	0.62	0.12	-0.61	-0.38	0.59	0.59	0.13	-0.09	0.32	0.04	0.33	0.18	0.03	0.13
Net Debt	0.07	-0.54		-0.28	0.53	0.26	0.78	-0.26	0.46	-0.62	-0.91	-0.62	0.27	0.7	0.64	0.13	-0.92	-0.21	0.33	-0.95	0.32	-0.29	0.46	0.3	0.48
Retained Earnings	-0.77	-0.45	-0.28		-0.56	-0.55	-0.67	-0.6	-0.19	-0.06	0.43	-0.01	-0.01	0.19	-0.41	-0.92	0.36	0.22	-0.24	0.5	-0.17	0.1	-0.23	-0.22	-0.25
Accounts Payable	0.63	0.13	0.53	-0.56		0.4	0.83	0.48	0.66	-0.16	-0.49	-0.09	0.43	0.39	0.17	0.51	-0.36	0.15	0.14	-0.62	0.49	-0.02	0.43	0.13	0.52
Net Receivables	0.64	0.47	0.26	-0.55	0.4		0.44	0.61	0.3	-0.09	-0.39	0.01	0.67	-0.02	0.27	0.39	-0.12	-0.57	0.19	-0.45	0.15	0.36	0.8	0.76	0.8
Total Liab	0.63	0.0	0.78	-0.67	0.83	0.44		0.33	0.55	-0.34	-0.75	-0.27	0.32	0.44	0.54	0.6	-0.69	0.02	0.27	-0.89	0.43	-0.11	0.53	0.27	0.54
Total Current Assets	0.91	0.9	-0.26	-0.6	0.48	0.61	0.33		0.3	0.39	0.18	0.5	0.34	-0.38	-0.18	0.67	0.38	0.09	-0.07	0.02	0.27	0.4	0.37	0.18	0.38
Short Term Debt	0.41	0.07	0.46	-0.19	0.66	0.3	0.55	0.3		-0.33	-0.37	-0.2	0.51	0.47	-0.23	0.18	-0.16	0.27	0.13	-0.43	0.8	0.26	0.55	-0.06	0.6
Intangible Assets	0.25	0.6	-0.62	-0.06	-0.16	-0.09	-0.34	0.39	-0.33		0.69	0.88	-0.33	-0.53	-0.43	0.22	0.57	0.35	-0.21	0.56	-0.37	-0.15	-0.48	-0.39	-0.5
Short Term Investments	-0.14	0.43	-0.91	0.43	-0.49	-0.39	-0.75	0.18	-0.37	0.69		0.7	-0.27	-0.56	-0.71	-0.19	0.91	0.4	-0.43	0.91	-0.32	0.17	-0.52	-0.43	-0.53
Common Stock	0.31	0.62	-0.62	-0.01	-0.09	0.01	-0.27	0.5	-0.2	0.88	0.7		-0.12	-0.44	-0.44	0.18	0.64	0.38	-0.33	0.53	-0.23	0.1	-0.28	-0.23	-0.29
Property Plant Equipment	0.29	0.12	0.27	-0.01	0.43	0.67	0.32	0.34	0.51	-0.33	-0.27	-0.12		0.48	0.1	-0.1	0.02	-0.3	0.09	-0.34	0.23	0.69	0.81	0.69	0.89
Current Deferred Revenue	-0.2	-0.61	0.7	0.19	0.39	-0.02	0.44	-0.38	0.47	-0.53	-0.56	-0.44	0.48		0.3	-0.27	-0.54	0.0	0.33	-0.57	0.18	0.09	0.31	0.17	0.43
Long Term Debt	0.04	-0.38	0.64	-0.41	0.17	0.27	0.54	-0.18	-0.23	-0.43	-0.71	-0.44	0.1	0.3		0.19	-0.78	-0.54	0.2	-0.72	-0.17	-0.18	0.23	0.58	0.24
Good Will	0.84	0.59	0.13	-0.92	0.51	0.39	0.6	0.67	0.18	0.22	-0.19	0.18	-0.1	-0.27	0.19		-0.19	0.07	0.19	-0.34	0.11	-0.15	0.14	0.02	0.11
Net Tangible Assets	0.02	0.59	-0.92	0.36	-0.36	-0.12	-0.69	0.38	-0.16	0.57	0.91	0.64	0.02	-0.54	-0.78	-0.19		0.28	-0.36	0.89	-0.11	0.47	-0.23	-0.25	-0.23
Capital Surpluse	0.12	0.13	-0.21	0.22	0.15	-0.57	0.02	0.09	0.27	0.35	0.4	0.38	-0.3	0.0	-0.54	0.07	0.28		-0.22	0.27	0.21	-0.12	-0.33	-0.73	-0.39
Deferred Long Term Liab	0.1	-0.09	0.33	-0.24	0.14	0.19	0.27	-0.07	0.13	-0.21	-0.43	-0.33	0.09	0.33	0.2	0.19	-0.36	-0.22		-0.3	-0.05	-0.12	0.15	0.11	0.16
Long Term Investments	-0.31	0.32	-0.95	0.5	-0.62	-0.45	-0.89	0.02	-0.43	0.56	0.91	0.53	-0.34	-0.57	-0.72	-0.34	0.89	0.27	-0.3		-0.29	0.2	-0.57	-0.45	-0.58
Short Long Term Debt	0.3	0.04	0.32	-0.17	0.49	0.15	0.43	0.27	0.8	-0.37	-0.32	-0.23	0.23	0.18	-0.17	0.11	-0.11	0.21	-0.05	-0.29		0.16	0.37	-0.2	0.39
Long Term Debt Total	0.19	0.33	-0.29	0.1	-0.02	0.36	-0.11	0.4	0.26	-0.15	0.17	0.1	0.69	0.09	-0.18	-0.15	0.47	-0.12	-0.12	0.2	0.16		0.47	0.42	0.56
Net Invested Capital	0.47	0.18	0.46	-0.23	0.43	0.8	0.53	0.37	0.55	-0.48	-0.52	-0.28	0.81	0.31	0.23	0.14	-0.23	-0.33	0.15	-0.57	0.37	0.47		0.73	0.96
Net Working Capital	0.19	0.03	0.3	-0.22	0.13	0.76	0.27	0.18	-0.06	-0.39	-0.43	-0.23	0.69	0.17	0.58	0.02	-0.25	-0.73	0.11	-0.45	-0.2	0.42	0.73		0.74
Capital Stock	0.44	0.13	0.48	-0.25	0.52	0.8	0.54	0.38	0.6	-0.5	-0.53	-0.29	0.89	0.43	0.24	0.11	-0.23	-0.39	0.16	-0.58	0.39	0.56	0.96	0.74

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

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Return On Equity Over Time

Harmonic Total Stockholder Equity

Total Stockholder Equity

294.36 Million

At this time, Harmonic's Total Stockholder Equity is comparatively stable compared to the past year.

Based on the latest financial disclosure, Harmonic has a Return On Equity of 0.0869. This is 100.72% lower than that of the Communications Equipment sector and 101.72% lower than that of the Information Technology industry. The return on equity for all United States stocks is 128.03% lower than that of the firm.

Harmonic Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Harmonic's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Harmonic could also be used in its relative valuation, which is a method of valuing Harmonic by comparing valuation metrics of similar companies.

Harmonic is currently under evaluation in return on equity category among its peers.

Harmonic ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Harmonic's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Harmonic's managers, analysts, and investors.

Environmental

Governance

Social

Harmonic Fundamentals

	Return On Equity	0.0869
	Return On Asset	0.0743
	Profit Margin	0.06 %
	Operating Margin	0.25 %
	Current Valuation	1.26 B
	Shares Outstanding	117.05 M
	Shares Owned By Insiders	2.52 %
	Shares Owned By Institutions	96.74 %
	Number Of Shares Shorted	2.37 M
	Price To Earning	40.24 X
	Price To Book	2.60 X
	Price To Sales	1.78 X
	Revenue	678.72 M
	Gross Profit	366.38 M
	EBITDA	77.4 M
	Net Income	39.22 M
	Cash And Equivalents	121.82 M
	Cash Per Share	1.16 X
	Total Debt	134.68 M
	Debt To Equity	0.67 %
	Current Ratio	1.52 X
	Book Value Per Share	3.99 X
	Cash Flow From Operations	61.92 M
	Short Ratio	1.39 X
	Earnings Per Share	0.33 X
	Price To Earnings To Growth	(0.21) X
	Target Price	11.75
	Number Of Employees	1.24 K
	Beta	0.87
	Market Capitalization	1.21 B
	Total Asset	796.51 M
	Retained Earnings	(1.95 B)
	Working Capital	198.51 M
	Current Asset	286.13 M
	Current Liabilities	84.88 M
	Net Asset	796.51 M

About Harmonic Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Harmonic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Harmonic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Harmonic based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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