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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.42
HLIT's Cash to Debt is ranked lower than
77% of the 541 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.24 vs. HLIT: 0.42 )
Ranked among companies with meaningful Cash to Debt only.
HLIT' s Cash to Debt Range Over the Past 10 Years
Min: 0.42  Med: No Debt Max: No Debt
Current: 0.42
Equity to Asset 0.50
HLIT's Equity to Asset is ranked lower than
62% of the 533 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.59 vs. HLIT: 0.50 )
Ranked among companies with meaningful Equity to Asset only.
HLIT' s Equity to Asset Range Over the Past 10 Years
Min: 0.23  Med: 0.73 Max: 0.91
Current: 0.5
0.23
0.91
F-Score: 2
Z-Score: -3.62
M-Score: -2.72
WACC vs ROIC
8.34%
-18.01%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating margin (%) -15.07
HLIT's Operating margin (%) is ranked lower than
84% of the 534 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.79 vs. HLIT: -15.07 )
Ranked among companies with meaningful Operating margin (%) only.
HLIT' s Operating margin (%) Range Over the Past 10 Years
Min: -15.07  Med: -2.47 Max: 10.77
Current: -15.07
-15.07
10.77
Net-margin (%) -18.20
HLIT's Net-margin (%) is ranked lower than
84% of the 536 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.21 vs. HLIT: -18.20 )
Ranked among companies with meaningful Net-margin (%) only.
HLIT' s Net-margin (%) Range Over the Past 10 Years
Min: -18.2  Med: -0.31 Max: 17.53
Current: -18.2
-18.2
17.53
ROE (%) -21.96
HLIT's ROE (%) is ranked lower than
84% of the 525 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.78 vs. HLIT: -21.96 )
Ranked among companies with meaningful ROE (%) only.
HLIT' s ROE (%) Range Over the Past 10 Years
Min: -21.96  Med: -0.08 Max: 17.09
Current: -21.96
-21.96
17.09
ROA (%) -12.53
HLIT's ROA (%) is ranked lower than
83% of the 545 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.92 vs. HLIT: -12.53 )
Ranked among companies with meaningful ROA (%) only.
HLIT' s ROA (%) Range Over the Past 10 Years
Min: -12.53  Med: -0.14 Max: 12.3
Current: -12.53
-12.53
12.3
ROC (Joel Greenblatt) (%) -80.30
HLIT's ROC (Joel Greenblatt) (%) is ranked lower than
89% of the 538 Companies
in the Global Communication Equipment industry.

( Industry Median: 8.94 vs. HLIT: -80.30 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
HLIT' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -80.3  Med: -14.53 Max: 85.92
Current: -80.3
-80.3
85.92
Revenue Growth (3Y)(%) 1.70
HLIT's Revenue Growth (3Y)(%) is ranked lower than
51% of the 473 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.00 vs. HLIT: 1.70 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
HLIT' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -19.3  Med: 3.2 Max: 30.8
Current: 1.7
-19.3
30.8
EBITDA Growth (3Y)(%) -30.00
HLIT's EBITDA Growth (3Y)(%) is ranked lower than
89% of the 351 Companies
in the Global Communication Equipment industry.

( Industry Median: 4.00 vs. HLIT: -30.00 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
HLIT' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -39.7  Med: -0.85 Max: 142.8
Current: -30
-39.7
142.8
EPS Growth (3Y)(%) 8.70
HLIT's EPS Growth (3Y)(%) is ranked higher than
61% of the 308 Companies
in the Global Communication Equipment industry.

( Industry Median: -1.40 vs. HLIT: 8.70 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
HLIT' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -76  Med: -4.45 Max: 141
Current: 8.7
-76
141
» HLIT's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q4 2015

HLIT Guru Trades in Q4 2015

Jim Simons 759,700 sh (+45.62%)
Robert Olstein 480,000 sh (+26.32%)
Chuck Royce 1,094,757 sh (-51.33%)
» More
Q1 2016

HLIT Guru Trades in Q1 2016

Chuck Royce 1,786,757 sh (+63.21%)
Jim Simons 1,108,800 sh (+45.95%)
Robert Olstein 681,000 sh (+41.88%)
» More
Q2 2016

HLIT Guru Trades in Q2 2016

Robert Olstein 852,300 sh (+25.15%)
Chuck Royce 2,074,257 sh (+16.09%)
Jim Simons 1,215,300 sh (+9.60%)
» More
Q3 2016

HLIT Guru Trades in Q3 2016

Jim Simons 1,151,500 sh (-5.25%)
Chuck Royce 1,885,499 sh (-9.10%)
Robert Olstein 452,100 sh (-46.96%)
» More
» Details

Insider Trades

Latest Guru Trades with HLIT

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Communication Equipment » Communication Equipment
Compare:NYSE:CALX, NAS:DGII, OTCPK:ADVOF, OTCPK:TTCNF, OTCPK:SNVNF, NAS:RNET, NAS:SILC, NYSE:HIVE, NAS:CLFD, NAS:CMTL, NAS:EXTR, NAS:SHOR, OTCPK:LARRF, NYSE:VCRA, NAS:SWIR, NAS:EXFO, NAS:GILT, NAS:AUDC, NAS:CRNT, OTCPK:PAOTF » details
Traded in other countries:HMC.Germany,
Harmonic Inc designs, manufactures and sells video products and system solutions that enable service providers to efficiently deliver the next generation of broadcast and on-demand services.

Harmonic Inc was incorporated in California in June 1988 and was reincorporated in Delaware in May 1995. The Company designs, manufactures and sells video infrastructure products and system solutions that enable its customers to create, prepare and deliver a video services, including televisions, personal computers, laptops, tablets and smartphones. Its products generally fall into three categories: video production platforms and playout solutions, video processing solutions and cable edge solutions. The Company also provides technical support and professional services to its customers. It sells its products and services to cable operators, broadcast and media companies, satellite and telecommunications Pay-TV service providers and, more recently, streaming new media companies. Its video production platforms consist of video-optimized storage and content management applications, which provide content companies with file-based infrastructure to support video content production activities, such as editing, post-production and finishing. Its playout solutions are based on scalable video servers used by broadcasters, content owners and multi-channel network operators to create and playout television channels. Its video processing solutions, which include network management software and application software and hardware products, provide its customers with the ability to acquire a signal from different sources and in different protocols in order to deliver real-time and stored content to their subscribers, for viewing on many devices. Its customers use these products to organize, manage and distribute content in ways that maximize use of the available bandwidth. Its cable edge products enable cable operators to deliver customized broadcast or narrowcast on-demand and data services to their subscribers. Its customers include: Cablevision Systems, Charter Communications, Time Warner Cable, Comcast Cable, DirecTV, EchoStar Holding, Arqiva Limited, Bell Expressvu, British Sky Broadcasting, Huawei Technologies, Virgin Media and among others. Its competitors include: Arris, Cisco Systems, Ericsson, Thomson Video Networks, Envivio, Harris, Grass Valley, Miranda Technologies, Casa Systems, CommScope and among others.

Ratios

vs
industry
vs
history
P/B 1.41
HLIT's P/B is ranked higher than
60% of the 517 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.66 vs. HLIT: 1.41 )
Ranked among companies with meaningful P/B only.
HLIT' s P/B Range Over the Past 10 Years
Min: 0.65  Med: 1.49 Max: 5.69
Current: 1.41
0.65
5.69
P/S 1.06
HLIT's P/S is ranked higher than
57% of the 531 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.26 vs. HLIT: 1.06 )
Ranked among companies with meaningful P/S only.
HLIT' s P/S Range Over the Past 10 Years
Min: 0.63  Med: 1.58 Max: 3.18
Current: 1.06
0.63
3.18
Current Ratio 1.58
HLIT's Current Ratio is ranked lower than
68% of the 532 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.05 vs. HLIT: 1.58 )
Ranked among companies with meaningful Current Ratio only.
HLIT' s Current Ratio Range Over the Past 10 Years
Min: 1.24  Med: 2.88 Max: 5.51
Current: 1.58
1.24
5.51
Quick Ratio 1.33
HLIT's Quick Ratio is ranked lower than
60% of the 532 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.63 vs. HLIT: 1.33 )
Ranked among companies with meaningful Quick Ratio only.
HLIT' s Quick Ratio Range Over the Past 10 Years
Min: 0.95  Med: 2.22 Max: 4.93
Current: 1.33
0.95
4.93
Days Inventory 74.65
HLIT's Days Inventory is ranked lower than
54% of the 504 Companies
in the Global Communication Equipment industry.

( Industry Median: 70.17 vs. HLIT: 74.65 )
Ranked among companies with meaningful Days Inventory only.
HLIT' s Days Inventory Range Over the Past 10 Years
Min: 57.48  Med: 75.7 Max: 100.67
Current: 74.65
57.48
100.67
Days Sales Outstanding 95.31
HLIT's Days Sales Outstanding is ranked lower than
71% of the 471 Companies
in the Global Communication Equipment industry.

( Industry Median: 71.19 vs. HLIT: 95.31 )
Ranked among companies with meaningful Days Sales Outstanding only.
HLIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.3  Med: 70.68 Max: 95.31
Current: 95.31
59.3
95.31
Days Payable 60.56
HLIT's Days Payable is ranked higher than
53% of the 437 Companies
in the Global Communication Equipment industry.

( Industry Median: 58.08 vs. HLIT: 60.56 )
Ranked among companies with meaningful Days Payable only.
HLIT' s Days Payable Range Over the Past 10 Years
Min: 25.28  Med: 41.33 Max: 84.52
Current: 60.56
25.28
84.52

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio 12.70
HLIT's 3-Year Average Share Buyback Ratio is ranked higher than
98% of the 334 Companies
in the Global Communication Equipment industry.

( Industry Median: -2.20 vs. HLIT: 12.70 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
HLIT' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -40.6  Med: -7 Max: 12.7
Current: 12.7
-40.6
12.7

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 47.27
HLIT's Price/Tangible Book is ranked lower than
98% of the 493 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.91 vs. HLIT: 47.27 )
Ranked among companies with meaningful Price/Tangible Book only.
HLIT' s Price/Tangible Book Range Over the Past 10 Years
Min: 1.48  Med: 3.66 Max: 54.91
Current: 47.27
1.48
54.91
Price/Projected FCF 0.91
HLIT's Price/Projected FCF is ranked higher than
70% of the 301 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.24 vs. HLIT: 0.91 )
Ranked among companies with meaningful Price/Projected FCF only.
HLIT' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.5  Med: 1.2 Max: 30.69
Current: 0.91
0.5
30.69
Price/Median PS Value 0.69
HLIT's Price/Median PS Value is ranked higher than
87% of the 468 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.10 vs. HLIT: 0.69 )
Ranked among companies with meaningful Price/Median PS Value only.
HLIT' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.32  Med: 1.16 Max: 9.96
Current: 0.69
0.32
9.96
Earnings Yield (Greenblatt) (%) -12.06
HLIT's Earnings Yield (Greenblatt) (%) is ranked lower than
84% of the 533 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.00 vs. HLIT: -12.06 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
HLIT' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: -13.16  Med: 2 Max: 31.4
Current: -12.06
-13.16
31.4
Forward Rate of Return (Yacktman) (%) -6.65
HLIT's Forward Rate of Return (Yacktman) (%) is ranked lower than
76% of the 243 Companies
in the Global Communication Equipment industry.

( Industry Median: 6.88 vs. HLIT: -6.65 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
HLIT' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -7.2  Med: 1.4 Max: 892.5
Current: -6.65
-7.2
892.5

More Statistics

Revenue (TTM) (Mil) $379.4
EPS (TTM) $ -0.89
Beta0.94
Short Percentage of Float15.41%
52-Week Range $2.51 - 6.13
Shares Outstanding (Mil)78.35
» More Articles for HLIT

Headlines

Articles On GuruFocus.com
5-Year Lows: Lumber Liquidators, Park Electrochemical, Landauer, Harmonic Feb 28 2016 
Are 4K TV Sales Climbing? May 06 2015 
Weekly CFO Sells Highlight: eBay Inc, Lowe's Companies Inc, Harmonic Inc. Dec 21 2014 
Wilbur Ross Keeps Low Profile in Third Quarter Nov 14 2014 
The Demise of the Set-Top Box Makers May 15 2014 
Harmonic - Value Alert Sep 22 2013 
Harmonic Inc. Reports Operating Results (10-Q) Nov 10 2010 
Harmonic Inc. Reports Operating Results (10-Q) Aug 10 2010 
Harmonic Inc. (HLIT) CEO Patrick Harshman buys 10,000 Shares May 18 2010 
Harmonic Inc. Reports Operating Results (10-Q) May 12 2010 

More From Other Websites
Harmonic, Inc. breached its 50 day moving average in a Bullish Manner : HLIT-US : December 7, 2016 Dec 07 2016
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ETFs with exposure to Harmonic, Inc. : December 5, 2016 Dec 05 2016
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ETFs with exposure to Harmonic, Inc. : November 23, 2016 Nov 23 2016
Harmonic, Inc. :HLIT-US: Earnings Analysis: Q3, 2016 By the Numbers : November 22, 2016 Nov 22 2016
HARMONIC INC Financials Nov 17 2016
ETF’s with exposure to Harmonic, Inc. : November 11, 2016 Nov 11 2016
Harmonic, Inc. breached its 50 day moving average in a Bullish Manner : HLIT-US : November 10, 2016 Nov 10 2016
Edited Transcript of HLIT earnings conference call or presentation 9-Nov-16 10:00pm GMT Nov 10 2016
Harmonic reports 3Q loss Nov 09 2016
Harmonic reports 3Q loss Nov 09 2016
Harmonic Inc Earnings Call scheduled for 5:00 pm ET today Nov 09 2016
Harmonic Announces Third Quarter 2016 Results Nov 09 2016
HARMONIC INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements... Nov 09 2016
Harmonic Announces Third Quarter 2016 Results Nov 09 2016
Q3 2016 Harmonic Inc Earnings Release - After Market Close Nov 09 2016

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