Business Description
Harley-Davidson Inc
NAICS : 336991
SIC : 3751
Description
Harley-Davidson is a global leading manufacturer of heavyweight motorcycles, merchandise, parts, and accessories. It sells custom, cruiser, and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear, and apparel, as well as merchandise. Harley-Davidson Financial Services provides wholesale financing to dealers and retail financing and insurance brokerage services to customers. Harley has historically captured about half of all heavyweight domestic retail motorcycle registrations, a metric it had ceded in 2020 as it repositioned the business, but a level it is working back toward. In recent years the firm has expanded into the adventure touring market with its Pan America model and into electric with the LiveWire brand.
Financial Strength
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.21 | |||||
| Equity-to-Asset | 0.25 | |||||
| Debt-to-Equity | 2.38 | |||||
| Debt-to-EBITDA | 6.58 | |||||
| Interest Coverage | 38.58 | |||||
| Piotroski F-Score | 7/9 | |||||
| Altman Z-Score | 1.43 | |||||
| Beneish M-Score | -2.27 | |||||
| WACC vs ROIC | ||||||
Growth Rank
2/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 4.3 | |||||
| 3-Year EBITDA Growth Rate | 5.4 | |||||
| 3-Year EPS without NRI Growth Rate | 22.8 | |||||
| 3-Year FCF Growth Rate | -15.2 | |||||
| 3-Year Book Growth Rate | 18.9 | |||||
| Future 3-5Y EPS without NRI Growth Rate | 5.88 | |||||
| Future 3-5Y Total Revenue Growth Rate | 1.72 |
Momentum Rank
| Name | Current | Vs Industry | Vs History |
|---|
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 1.34 | |||||
| Quick Ratio | 1.08 | |||||
| Cash Ratio | 0.41 | |||||
| Days Inventory | 77.75 | |||||
| Days Sales Outstanding | 123.31 | |||||
| Days Payable | 42.91 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Dividend Growth Rate | -25.1 | |||||
| 3-Year Average Share Buyback Ratio | 1.4 |
Profitability Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 38.24 | |||||
| Operating Margin % | 15.79 | |||||
| Net Margin % | 12.88 | |||||
| ROE % | 27.57 | |||||
| ROA % | 6.45 | |||||
| ROIC % | 7.87 | |||||
| ROC (Joel Greenblatt) % | 37.08 | |||||
| ROCE % | 11.71 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 10.32 | |||||
| Forward PE Ratio | 10.55 | |||||
| PE Ratio without NRI | 10.32 | |||||
| Shiller PE Ratio | 13.35 | |||||
| Price-to-Owner-Earnings | 13.74 | |||||
| PS Ratio | 1.33 | |||||
| PB Ratio | 2.58 | |||||
| Price-to-Tangible-Book | 2.58 | |||||
| Price-to-Free-Cash-Flow | 19.22 | |||||
| Price-to-Operating-Cash-Flow | 13.92 | |||||
| EV-to-EBIT | 13.87 | |||||
| EV-to-EBITDA | 12.35 | |||||
| EV-to-Revenue | 2.26 | |||||
| EV-to-FCF | 32.71 | |||||
| Price-to-Projected-FCF | 0.78 | |||||
| Price-to-Median-PS-Value | 0.9 | |||||
| Price-to-Graham-Number | 1.09 | |||||
| Earnings Yield (Greenblatt) % | 7.21 | |||||
| Forward Rate of Return (Yacktman) % | 8.43 |
