Market cap
$1,311 Mln
Revenue (TTM)
$496 Mln
P/E Ratio
50.1
P/B Ratio
3.7
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 9.67 | -3.31 | -28.05 | -7.86 | 1.89 |
| EBIT | -- | -- | -67.33 | -11.11 | 20.26 |
| Net Profit | -131.80 | -180.95 | -168.66 | -230.55 | -289.04 |
| EPS | -132.07 | -183.76 | -171.19 | -230.88 | -387.55 |
| Book Value | -- | -- | -14.20 | 7.03 | 5.67 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 5.59 | 5.70 | 6.87 | 3.51 | 9.61 |
| Net Margin
| -- | 2.61 | -9.51 | -- | -- |
| Return on equity
| 6.85 | 6.88 | -12.68 | -10.21 | 8.69 |
| Return on Capital
| 4.84 | 4.63 | -- | -7.57 | 6.50 |
| Return on Assets
| 3.55 | 3.35 | -4.70 | -5.72 | 5.01 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.39 | 0.32 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
--
|
-7.57
|
6.50
|
15.58
|
5.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-12.68
Lower than Peers by 20.08
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
-12.68
|
-10.21
|
8.69
|
22.06
|
9.07
|
|
Peer Median
|
7.40
|
--
|
--
|
--
|
--
|
ROA
-4.70
Lower than Peers by 8.18
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
-4.70
|
-5.72
|
5.01
|
11.36
|
4.02
|
|
Peer Median
|
3.48
|
--
|
--
|
--
|
--
|
EBIT Margin
6.87
Lower than Peers by 2.38
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
6.87
|
3.51
|
9.61
|
3.65
|
7.90
|
|
Peer Median
|
9.25
|
--
|
--
|
--
|
--
|
Net Margin
-9.51
Lower than Peers by 15.54
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
-9.51
|
-12.01
|
5.78
|
13.82
|
4.51
|
|
Peer Median
|
6.03
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-28.05
Lower than Peers by 34.48
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
-28.05
|
-0.47
|
0.12
|
-0.03
|
0.23
|
|
Peer Median
|
6.42
|
--
|
--
|
--
|
--
|
EBIT Growth
-67.33
Lower than Peers by 78.56
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
-67.33
|
-80.60
|
194.33
|
-55.11
|
153.35
|
|
Peer Median
|
11.23
|
--
|
--
|
--
|
--
|
Net Profit Growth
-168.66
Lower than Peers by 173.68
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
-168.66
|
-210.44
|
-53.31
|
198.04
|
112.63
|
|
Peer Median
|
5.02
|
--
|
--
|
--
|
--
|
EPS Growth
-171.19
Lower than Peers by 188.15
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
-171.19
|
-2.15
|
-0.54
|
2.02
|
1.00
|
|
Peer Median
|
16.96
|
--
|
--
|
--
|
--
|
Book Value Growth
-16.47
Lower than Peers by 26.78
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
-16.47
|
--
|
--
|
--
|
--
|
|
Peer Median
|
10.31
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
--
|
0.39
|
0.32
|
0.36
|
0.50
|
|
Peer Median
|
0.97
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.02
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
0.02
|
0.02
|
0.03
|
0.29
|
0.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.05
Higher than Peers by 1.28
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
3.05
|
2.50
|
2.18
|
1.21
|
1.07
|
|
Peer Median
|
1.77
|
--
|
--
|
--
|
--
|
Quick Ratio
2.56
Higher than Peers by 1.25
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
2.56
|
2.26
|
1.80
|
0.91
|
0.70
|
|
Peer Median
|
1.31
|
--
|
--
|
--
|
--
|
Interest Coverage
15.26
Higher than Peers by 12.12
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
15.26
|
3.33
|
8.91
|
8.22
|
9.80
|
|
Peer Median
|
3.14
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
18.13
Higher than Peers by 1.64
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
18.13
|
24.38
|
26.86
|
24.07
|
18.24
|
|
Peer Median
|
16.49
|
--
|
--
|
--
|
--
|
Asset Turnover
0.49
Lower than Peers by 0.02
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
0.49
|
0.48
|
0.87
|
0.82
|
0.89
|
|
Peer Median
|
0.51
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
--
|
136.87
|
88.42
|
78.20
|
61.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
--
|
103.76
|
86.40
|
126.71
|
113.53
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
--
|
54.12
|
43.09
|
65.55
|
77.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
--
|
186.50
|
131.72
|
139.36
|
97.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
50.08
Lower than Peers by 10.05
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
50.08
|
-25.80
|
39.71
|
17.96
|
54.53
|
|
Peer Median
|
60.13
|
--
|
--
|
--
|
--
|
Price / Book Value
3.72
Lower than Peers by 3.15
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
3.72
|
2.92
|
3.35
|
3.45
|
4.74
|
|
Peer Median
|
6.87
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
19.78
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
19.78
|
48.07
|
20.72
|
71.28
|
26.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
1,311
Higher than Peers by 428
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Harmonic (HLIT)
|
1,311
|
--
|
--
|
--
|
--
|
|
Peer Median
|
883
|
--
|
--
|
--
|
--
|