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Market Cap: $1.3B

HI

Harmonic Inc.

HLIT
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Cashu Finance

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© 2026 Cashu Technologies Pty Ltd. All rights reserved. Cashu Finance is a trademark of Cashu Technologies Pty Ltd.

The content published on Cashu Finance is for informational purposes only and should not be construed as investment advice, a recommendation, or an offer to buy or sell any securities. All opinions expressed are those of the authors and do not reflect the official position of Cashu Technologies Pty Ltd or its affiliates. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Cashu Finance and its contributors may hold positions in securities mentioned in published content. Any such holdings will be disclosed at the time of publication. Market data is provided on an "as-is" basis and may be delayed. Cashu Technologies Pty Ltd does not guarantee the accuracy, completeness, or timeliness of any information presented.

Financials

Profitability
Gross Profit Margin50.71%
EBITDA Margin13.12%
EBIT Margin11.52%
Pre-tax Margin10.76%
Net Profit Margin-9.51%
Earnings Yield-3.62%
Valuation Multiples
Price / Book3.62
Price / Sales2.63
Price / Earnings-28.83
PEG0.18
Forward PEG-2.31
EV / Sales2.42
EV / EBITDA18.45
EV / Operating Cash Flow19.26
EV / Free Cash Flow22.27
Price / Free Cash Flow24.15
Price / Operating Cash Flow20.92
Cash Flow & Capital
Free Cash Flow / Share$0.5
Operating Cash Flow / Share$0.57
Free Cash Flow Yield4.14%
Capex / Revenue1.70%
Capex / Operating Cash Flow13.50%
Capex / Depreciation0.77
Stock Compensation / Revenue7.50%
Dividend Payout Ratio0.00%
Dividend Yield0.00%
Liquidity & Leverage
Current Ratio3.05
Quick Ratio2.56
Cash Ratio1.69
Debt / Assets0.21
Debt / Capital0.27
Debt / Equity0.36
Long-Term Debt / Capital0.23
Debt / Market Cap8.50%
Net Debt / EBITDA-1.56
Solvency Ratio-0.14
Financial Leverage1.76
Efficiency & Working Capital
Asset Turnover0.78
Fixed Asset Turnover13.54
Inventory Turnover3.68
Receivables Turnover5.51
Payables Turnover6.22
Days Sales Outstanding66.19
Days Inventory Outstanding99.28
Days Payables Outstanding58.64
Operating Cycle165.47
Cash Conversion Cycle106.83
Working Capital Turnover1.80
Returns & Quality
Return on Equity-12.23%
Return on Assets-7.45%
Return on Invested Capital6.80%
ROCE11.85%
Return on Tangible Assets-8.25%
Operating Return on Assets8.78%
Income Quality-1.39
Tax Burden-0.88
Interest Burden0.93
Balance Sheet & Intrinsic Metrics
Enterprise Value$1.2B
Invested Capital$377.97M
Working Capital$280.26M
Tangible Asset Value$299.25M
Net Current Asset Value$144.89M
Graham Net-Net$0.55
Book Value / Share$3.32
Tangible Book Value / Share$2.75
Cash / Share$2.13
Financial Health Scores
Piotroski Score6
Altman Z-Score-0.28
Revenue$495.77M
EBIT$57.11M
Market Cap$1.26B
Working Capital$280.26M
Retained Earnings$-2.11B
Total Assets$632.65M
Total Liabilities$272.3M