HNORF (Harvey Norman Holdings) Shareholder Yield % : 4.26% (As of Dec. 2025) — 28% Above Median


HNORF Harvey Norman Holdings Ltd HNORF
54 GF Score
Price $3.72
GF Value $4.19
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Harvey Norman Holdings Shareholder Yield %?

Harvey Norman Holdings HNORF 54 Shareholder Yield % is 4.26% as of Dec. 2025, which is 28% above its 10-year median of 3.34. GuruFocus rates HNORF with a GF Score™ of 54/100 and a GF Value™ of $4.19 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,089 Retail - Cyclical companies, Harvey Norman Holdings ranks better than 64.65% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Harvey Norman Holdings's Shareholder Yield % was 4.26%.


Harvey Norman Holdings  (OTCPK:HNORF) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Harvey Norman Holdings Shareholder Yield % Related Terms


Harvey Norman Holdings Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Harvey Norman Holdings's Shareholder Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Harvey Norman Holdings Shareholder Yield % Chart

Harvey Norman Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.35 5.63 -0.60 4.33 3.74

Harvey Norman Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shareholder Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.34 4.33 3.06 3.74 2.64

HNORF vs CASY, WSM, ULTA: Shareholder Yield % Comparison

For the Specialty Retail subindustry, Harvey Norman Holdings's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harvey Norman Holdings Shareholder Yield % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Harvey Norman Holdings's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Harvey Norman Holdings's Shareholder Yield % falls into.


HNORF
54GF Score
Harvey Norman Holdings Ltd HNORF
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Harvey Norman Holdings Shareholder Yield % Calculation

Harvey Norman Holdings's Shareholder Yield % for the quarter that ended in Dec. 2025 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=0.00 %+0.00 %+-2 %
=-2 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 4.26% mean?
Harvey Norman Holdings (HNORF) has a Shareholder Yield % of 4.26% as of Dec. 2025. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Harvey Norman Holdings and its competitors. This is 28% above median its historical median of 3.34. According to the industry distribution chart, Harvey Norman Holdings ranks #385 out of 1089 companies in the Retail - Cyclical industry, placing it in the top 35.4%.
Is Harvey Norman Holdings' Shareholder Yield % too high?
Harvey Norman Holdings' current Shareholder Yield % of 4.26% is 28% above median its 10-year median of 3.34. The Retail - Cyclical industry median Shareholder Yield % is 1.14. Harvey Norman Holdings' value of 4.26% is 273.7% above this industry median. Based on the distribution chart, Harvey Norman Holdings ranks #385 out of 1089 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Harvey Norman Holdings has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harvey Norman Holdings' Shareholder Yield % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Harvey Norman Holdings ranks #385 out of 1089 companies for Shareholder Yield %. This puts Harvey Norman Holdings in the upper half of its industry. The industry median Shareholder Yield % is 1.14. Harvey Norman Holdings' value of 4.26% is 273.7% above this benchmark. While the company's 10-year median is 3.34 vs. the industry median of 1.14, Harvey Norman Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for a Retail - Cyclical company?
The median Shareholder Yield % among Retail - Cyclical companies is 1.14, based on 1,089 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harvey Norman Holdings's current Shareholder Yield % of 4.26% is 273.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Harvey Norman Holdings and its competitors. For the Retail - Cyclical industry, the median Shareholder Yield % is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harvey Norman Holdings's current Shareholder Yield % is 4.26%, which is 28% above median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvey Norman Holdings stock overvalued right now?
Based on GuruFocus' analysis, Harvey Norman Holdings (HNORF) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.19, compared to a current price of $3.72 — trading 11.2% below its estimated fair value. The current Shareholder Yield % is 4.26%, which is 28% above median its 10-year median of 3.34 and 273.7% above the Retail - Cyclical industry median of 1.14. Harvey Norman Holdings' overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Harvey Norman Holdings (HNORF), the current Shareholder Yield % is 4.26% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Harvey Norman Holdings (HNORF) Overvalued in 2026?

Based on GuruFocus' analysis, Harvey Norman Holdings stock appears to be undervalued. The current stock price of $3.72 is trading 11.2% below its estimated GF Value™ of $4.19. GuruFocus considers Harvey Norman Holdings to be Modestly Overvalued.

Key valuation signals for HNORF:

  • Shareholder Yield %: 4.26% (28% above median its 10-year median of 3.34)
  • GF Value™: $4.19 vs. price of $3.72 (11.2% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 273.7% above the Retail - Cyclical median (#385 of 1089)

No single metric tells the full story. See the HNORF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harvey Norman Holdings Business Description

Address A1 Richmond Road, Homebush West, Sydney, NSW, AUS, 2140
Harvey Norman Holdings Limited is the franchisor of Harvey Norman, a leading Australia-based retailer that sells goods from the electrical, computer, furniture, entertainment, and bedding sectors. The majority of earnings are generated in Australia, with the international divisions gradually growing in significance.
54GF Score

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Shareholder Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.72
Price
$4.19
GF Value