Harmonic Inc. (HLIT): Price and Financial Metrics

HLIT POWR Grades

• HLIT scores best on the Growth dimension, with a Growth rank ahead of 82.66% of US stocks.
• HLIT's strongest trending metric is Quality; it's been moving up over the last 179 days.
• HLIT ranks lowest in Momentum; there it ranks in the 33rd percentile.

HLIT Stock Summary

• HLIT's current price/earnings ratio is 74.59, which is higher than 90.5% of US stocks with positive earnings.
• Price to trailing twelve month operating cash flow for HLIT is currently 24.1, higher than 74.6% of US stocks with positive operating cash flow.
• In terms of twelve month growth in earnings before interest and taxes, Harmonic Inc is reporting a growth rate of -232.55%; that's higher than merely 8.46% of US stocks.
• If you're looking for stocks that are quantitatively similar to Harmonic Inc, a group of peers worth examining would be AUDC, JNPR, GPRO, EMKR, and IPGP.
• Visit HLIT's SEC page to see the company's official filings. To visit the company's web site, go to www.harmonicinc.com.

HLIT Valuation Summary

• HLIT's EV/EBIT ratio is 74.6; this is 131.32% higher than that of the median Technology stock.
• HLIT's price/sales ratio has moved down 1 over the prior 243 months.
• Over the past 243 months, HLIT's EV/EBIT ratio has gone up 75.

Below are key valuation metrics over time for HLIT.

HLIT Growth Metrics

The 2 year revenue growth rate now stands at 9.78%.
• Its year over year cash and equivalents growth rate is now at 40.53%.
• Its 4 year revenue growth rate is now at 13.06%.

Over the past 34 months, HLIT's revenue has gone up $113,612,000.

The table below shows HLIT's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-12-31	507.149	41.017	13.254
2021-09-30	482.873	75.238	6.862
2021-06-30	451.444	56.712	-0.049
2021-03-31	411.99	51.882	-13.441
2020-12-31	378.831	39.163	-29.271
2020-09-30	369.481	27.735	-37.166

HLIT's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• HLIT has a Quality Grade of C, ranking ahead of 64.3% of graded US stocks.
• HLIT's asset turnover comes in at 0.749 -- ranking 93rd of 208 Electronic Equipment stocks.
• DIOD, FN, and INSG are the stocks whose asset turnover ratios are most correlated with HLIT.

The table below shows HLIT's key quality metrics over time.