Obermatt

Harmonic

NSQ:HLIT · US4131601027
Communications EquipmentMedium

360

42
EV / EBIT62
Price / Owner Earnings81
Owner Earnings Yield1
Dividend Yield1
Price/Sales36
EV / Gross Profit34
Price/Book47
Return on Capital55
Cash Return on Capital18
Return on Equity43
EBIT Margin73
Gross Profitability45
Accruals89
Owner Earnings Margin18
Sales growth85
Profit Growth54
Long-Term EPS Growth17
Owner Earnings Growth5
Reinvestment14
Price momentum63
Debt load52
Refinancing73
Debt Payback1
Liquidity92
Analyst ratings17
Opinion Changes50
Price Target Upside33
Market mood67
Value Creation2/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Harmonic doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryUSA
IndustryCommunications Equipment
SizeMedium
TypePublic Company
ExchangeNASDAQGS
Founded1988
Employees1,249
ISINUS4131601027
Last UpdateApr 2, 2026
Themes
Video StreamingSoftware DevelopmentCloud ManagementStreaming MediaNetwork BackboneEncoding HardwareVideo-on-Demand ServersCloud InfrastructureInternetMobileTelecommunications

Description

Harmonic Inc. is a global provider of broadband access solutions that enable broadband operators to deploy high-speed internet for data, voice and video services for their customers. The company’s Broadband business provides broadband access solutio…

Analysis

Middle-of-the-road

Harmonic Inc. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is adequate. The company scores 2/20 on our value-creation score: not creating value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
88
2023202420252026

All-time high

88

Jun 2026

All-time low

61

Jan 2023

Average rank

76

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
36
47
41
49
Price/Earnings
50
73
59
42
Price/Book
47
38
27
42
Dividend Yield
1
1
1
1
Value (overall)
35
35
22
31

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →