10.01 USD
-0.33 (-3.19%)
At close: Feb 11, 2026
10.01 USD
0 (0%)
After Hours: 2/11/2026, 8:00:01 PM
HLIT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 48 industry peers in the Communications Equipment industry. While HLIT has a great profitability rating, there are some minor concerns on its financial health. HLIT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year HLIT was profitable.
- HLIT had a positive operating cash flow in the past year.
- Of the past 5 years HLIT 4 years were profitable.
- Each year in the past 5 years HLIT had a positive operating cash flow.
1.2 Ratios
- HLIT has a Return On Assets of 6.54%. This is in the better half of the industry: HLIT outperforms 79.17% of its industry peers.
- HLIT has a better Return On Equity (11.20%) than 79.17% of its industry peers.
- HLIT's Return On Invested Capital of 9.21% is fine compared to the rest of the industry. HLIT outperforms 77.08% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for HLIT is below the industry average of 11.29%.
- The last Return On Invested Capital (9.21%) for HLIT is above the 3 year average (7.26%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.54% | ||
| ROE | 11.2% | ||
| ROIC | 9.21% |
ROA(3y)6.61%
ROA(5y)3.36%
ROE(3y)12.12%
ROE(5y)5.9%
ROIC(3y)7.26%
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 7.81%, HLIT is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of HLIT has grown nicely.
- HLIT has a Operating Margin of 12.87%. This is in the better half of the industry: HLIT outperforms 79.17% of its industry peers.
- HLIT's Operating Margin has improved in the last couple of years.
- With a decent Gross Margin value of 55.71%, HLIT is doing good in the industry, outperforming 72.92% of the companies in the same industry.
- In the last couple of years the Gross Margin of HLIT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.87% | ||
| PM (TTM) | 7.81% | ||
| GM | 55.71% |
OM growth 3Y52.34%
OM growth 5Y25.49%
PM growth 3Y30.12%
PM growth 5YN/A
GM growth 3Y1.69%
GM growth 5Y-0.62%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HLIT is still creating some value.
- HLIT has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for HLIT has been increased compared to 5 years ago.
- Compared to 1 year ago, HLIT has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of -0.11, we must say that HLIT is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of -0.11, HLIT is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
- HLIT has a debt to FCF ratio of 0.95. This is a very positive value and a sign of high solvency as it would only need 0.95 years to pay back of all of its debts.
- HLIT has a better Debt to FCF ratio (0.95) than 77.08% of its industry peers.
- A Debt/Equity ratio of 0.27 indicates that HLIT is not too dependend on debt financing.
- HLIT has a Debt to Equity ratio of 0.27. This is in the lower half of the industry: HLIT underperforms 62.50% of its industry peers.
- Even though the debt/equity ratio score it not favorable for HLIT, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.95 | ||
| Altman-Z | -0.11 |
ROIC/WACC1.01
WACC9.15%
2.3 Liquidity
- A Current Ratio of 2.08 indicates that HLIT has no problem at all paying its short term obligations.
- With a Current ratio value of 2.08, HLIT perfoms like the industry average, outperforming 54.17% of the companies in the same industry.
- HLIT has a Quick Ratio of 1.64. This is a normal value and indicates that HLIT is financially healthy and should not expect problems in meeting its short term obligations.
- HLIT has a Quick ratio of 1.64. This is comparable to the rest of the industry: HLIT outperforms 54.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
- HLIT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 63.83%, which is quite impressive.
- HLIT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.05% yearly.
- HLIT shows a small growth in Revenue. In the last year, the Revenue has grown by 1.93%.
- Measured over the past years, HLIT shows a quite strong growth in Revenue. The Revenue has been growing by 10.99% on average per year.
EPS 1Y (TTM)63.83%
EPS 3Y32.45%
EPS 5Y23.05%
EPS Q2Q%-53.85%
Revenue 1Y (TTM)1.93%
Revenue growth 3Y10.2%
Revenue growth 5Y10.99%
Sales Q2Q%-27.26%
3.2 Future
- Based on estimates for the next years, HLIT will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.53% on average per year.
- HLIT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.72% yearly.
EPS Next Y-44.65%
EPS Next 2Y-2.89%
EPS Next 3Y11.53%
EPS Next 5YN/A
Revenue Next Year-17.27%
Revenue Next 2Y0.37%
Revenue Next 3Y4.72%
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 13.00, which indicates a correct valuation of HLIT.
- Compared to the rest of the industry, the Price/Earnings ratio of HLIT indicates a rather cheap valuation: HLIT is cheaper than 87.50% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.18. HLIT is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 13.44 indicates a correct valuation of HLIT.
- Based on the Price/Forward Earnings ratio, HLIT is valued cheaper than 87.50% of the companies in the same industry.
- HLIT is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13 | ||
| Fwd PE | 13.44 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HLIT indicates a somewhat cheap valuation: HLIT is cheaper than 77.08% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, HLIT is valued cheaply inside the industry as 93.75% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.42 | ||
| EV/EBITDA | 12.07 |
4.3 Compensation for Growth
- The decent profitability rating of HLIT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.56
EPS Next 2Y-2.89%
EPS Next 3Y11.53%
5. Dividend
5.1 Amount
- HLIT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
10.01
-0.33 (-3.19%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)11-03 2025-11-03/amc
Earnings (Next)02-19 2026-02-19/amc
Inst Owners91.53%
Inst Owner Change-1.76%
Ins Owners1.2%
Ins Owner Change2.46%
Market Cap1.12B
Revenue(TTM)635.71M
Net Income(TTM)49.63M
Analysts73.85
Price Target12.02 (20.08%)
Short Float %2.53%
Short Ratio2.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)195.19%
Min EPS beat(2)159.54%
Max EPS beat(2)230.84%
EPS beat(4)4
Avg EPS beat(4)129.85%
Min EPS beat(4)20.32%
Max EPS beat(4)230.84%
EPS beat(8)8
Avg EPS beat(8)95.47%
EPS beat(12)10
Avg EPS beat(12)59.51%
EPS beat(16)14
Avg EPS beat(16)58.07%
Revenue beat(2)2
Avg Revenue beat(2)7.26%
Min Revenue beat(2)6.03%
Max Revenue beat(2)8.49%
Revenue beat(4)4
Avg Revenue beat(4)4.65%
Min Revenue beat(4)2.02%
Max Revenue beat(4)8.49%
Revenue beat(8)7
Avg Revenue beat(8)3.34%
Revenue beat(12)8
Avg Revenue beat(12)0.92%
Revenue beat(16)12
Avg Revenue beat(16)1.41%
PT rev (1m)0%
PT rev (3m)12.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.32%
EPS NY rev (1m)0%
EPS NY rev (3m)10.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13 | ||
| Fwd PE | 13.44 | ||
| P/S | 1.77 | ||
| P/FCF | 8.42 | ||
| P/OCF | 7.79 | ||
| P/B | 2.54 | ||
| P/tB | 5.58 | ||
| EV/EBITDA | 12.07 |
EPS(TTM)0.77
EY7.69%
EPS(NY)0.74
Fwd EY7.44%
FCF(TTM)1.19
FCFY11.88%
OCF(TTM)1.28
OCFY12.84%
SpS5.66
BVpS3.95
TBVpS1.79
PEG (NY)N/A
PEG (5Y)0.56
Graham Number8.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.54% | ||
| ROE | 11.2% | ||
| ROCE | 13.61% | ||
| ROIC | 9.21% | ||
| ROICexc | 11.69% | ||
| ROICexgc | 23.84% | ||
| OM | 12.87% | ||
| PM (TTM) | 7.81% | ||
| GM | 55.71% | ||
| FCFM | 20.99% |
ROA(3y)6.61%
ROA(5y)3.36%
ROE(3y)12.12%
ROE(5y)5.9%
ROIC(3y)7.26%
ROIC(5y)N/A
ROICexc(3y)8.98%
ROICexc(5y)N/A
ROICexgc(3y)28.66%
ROICexgc(5y)N/A
ROCE(3y)10.73%
ROCE(5y)N/A
ROICexgc growth 3Y15.9%
ROICexgc growth 5Y12.84%
ROICexc growth 3Y44.43%
ROICexc growth 5Y28%
OM growth 3Y52.34%
OM growth 5Y25.49%
PM growth 3Y30.12%
PM growth 5YN/A
GM growth 3Y1.69%
GM growth 5Y-0.62%
F-Score8
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.95 | ||
| Debt/EBITDA | 1.27 | ||
| Cap/Depr | 96.13% | ||
| Cap/Sales | 1.69% | ||
| Interest Coverage | 16.99 | ||
| Cash Conversion | 155.02% | ||
| Profit Quality | 268.94% | ||
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | -0.11 |
F-Score8
WACC9.15%
ROIC/WACC1.01
Cap/Depr(3y)73.43%
Cap/Depr(5y)104.94%
Cap/Sales(3y)1.41%
Cap/Sales(5y)3.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)63.83%
EPS 3Y32.45%
EPS 5Y23.05%
EPS Q2Q%-53.85%
EPS Next Y-44.65%
EPS Next 2Y-2.89%
EPS Next 3Y11.53%
EPS Next 5YN/A
Revenue 1Y (TTM)1.93%
Revenue growth 3Y10.2%
Revenue growth 5Y10.99%
Sales Q2Q%-27.26%
Revenue Next Year-17.27%
Revenue Next 2Y0.37%
Revenue Next 3Y4.72%
Revenue Next 5YN/A
EBIT growth 1Y73.26%
EBIT growth 3Y67.89%
EBIT growth 5Y39.29%
EBIT Next Year-32%
EBIT Next 3Y22.26%
EBIT Next 5YN/A
FCF growth 1Y964.27%
FCF growth 3Y23.43%
FCF growth 5Y20.25%
OCF growth 1Y615.68%
OCF growth 3Y14.71%
OCF growth 5Y14.62%
HARMONIC INC / HLIT FAQ
Can you provide the ChartMill fundamental rating for HARMONIC INC?
ChartMill assigns a fundamental rating of 6 / 10 to HLIT.
Can you provide the valuation status for HARMONIC INC?
ChartMill assigns a valuation rating of 6 / 10 to HARMONIC INC (HLIT). This can be considered as Fairly Valued.
How profitable is HARMONIC INC (HLIT) stock?
HARMONIC INC (HLIT) has a profitability rating of 7 / 10.
How financially healthy is HARMONIC INC?
The financial health rating of HARMONIC INC (HLIT) is 5 / 10.
What is the expected EPS growth for HARMONIC INC (HLIT) stock?
The Earnings per Share (EPS) of HARMONIC INC (HLIT) is expected to decline by -44.65% in the next year.