Harmonic Inc.
Harmonic Inc. provides broadband solutions worldwide. It operates through Broadband and Video segments. The Broadband segment sells access solutions and services to operators. The Video segment offers video processing, production, and playout solutions to Pay-TV providers. Harmonic also provides VOS360 SaaS platform for streaming and channel origination. Its products include encoders, servers, and software products.
Overview
Sector
Communication Equipment
Strengths
- Price to book ratio (2.99) is lower than the sector mean (13.64).
- The company has low debt. Net Debt to EBITDA Ratio is -0.45 and it is lower than the sector mean.
- The company has high returns. ROIC (21.80%) is higher than the sector mean (6.61%).
- Price to free cash flow (11.84) is lower than the sector mean.
Weaknesses
- With a depreciation Potential of -90.89%, based on our fundamental analysis, it suggests the stock may be overvalued.
- Current Price to Earnings Ratio (100.00) is significantly higher than the sector mean (71.24).
- Analysts expect revenues to decline in the coming year.
- EBITDA Margin (7.40%) appears relatively low.
Key Financial Data