How to buy Harvey Norman shares | A$4.35
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Harvey Norman Holdings Limited is a department stores business based in Australia. Harvey Norman shares (HVN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $4.35 – an increase of 2.84% over the previous week. Harvey Norman has a trailing 12-month revenue of around $2.3 billion.
How to buy shares in Harvey Norman
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Harvey Norman. Find the share by name or ticker symbol: HVN. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Harvey Norman reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $4.35, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Harvey Norman. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Harvey Norman key stats
- Compare share trading platforms
- Is Harvey Norman stock a buy or sell?
- Harvey Norman performance over time
- Are Harvey Norman shares over-valued?
- Harvey Norman's financials
- How volatile are Harvey Norman shares?
- Does Harvey Norman pay a dividend?
- Have Harvey Norman shares ever split?
- Other common questions
How has coronavirus impacted Harvey Norman's share price?
Since the stock market crash in March caused by coronavirus, Harvey Norman's share price has had significant negative movement.
Its last market close was $4.35, which is 8.23% down on its pre-crash value of $4.74 and 87.10% up on the lowest point reached during the March crash when the shares fell as low as $2.325.
If you had bought $1,000 worth of Harvey Norman shares at the start of February 2020, those shares would have been worth $577.46 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,021.12.
Harvey Norman share priceUse our graph to track the performance of HVN stocks over time.
Harvey Norman shares at a glance
|Latest market close||AUDA$4.35|
|52-week range||AUDA$2.54 - AUDA$4.87|
|50-day moving average||AUDA$4.0977|
|200-day moving average||AUDA$3.4221|
|Dividend yield||AUDA$0.36 (8.51%)|
|Earnings per share (TTM)||AUDA$0.391|
Standard brokerage - Australian shares
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Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Harvey Norman stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Harvey Norman price performance over time
|1 week (2020-09-11)||2.84%|
|1 month (2020-08-18)||4.32%|
|3 months (2020-06-18)||23.58%|
|6 months (2020-03-18)||52.63%|
|1 year (2019-09-18)||-2.90%|
|2 years (2018-09-18)||29.23%|
|3 years (2017-09-18)||17.06%|
|5 years (2015-09-18)||13.83%|
Is Harvey Norman under- or over-valued?
Valuing Harvey Norman stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Harvey Norman's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Harvey Norman's P/E ratio
Harvey Norman's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Harvey Norman shares trade at around 11x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Harvey Norman's EBITDA
Harvey Norman's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $785.2 million (£0.0 million).
The EBITDA is a measure of a Harvey Norman's overall financial performance and is widely used to measure a its profitability.
Harvey Norman financials
|Revenue TTM||$2.3 billion|
|Operating margin TTM||31.26%|
|Gross profit TTM||$739.6 million|
|Return on assets TTM||8.44%|
|Return on equity TTM||14.56%|
|Market capitalisation||$5.3 billion|
TTM: trailing 12 months
Harvey Norman share dividends
Dividend payout ratio: 53.64% of net profits
Recently Harvey Norman has paid out, on average, around 53.64% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Harvey Norman shareholders could enjoy a 8.51% return on their shares, in the form of dividend payments. In Harvey Norman's case, that would currently equate to about A$0.36 per share.
Harvey Norman's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 8 October 2020 (the "ex-dividend date").
Have Harvey Norman's shares ever split?
Harvey Norman's shares were split on 15 November 2001.
Harvey Norman share price volatility
Over the last 12 months, Harvey Norman's shares have ranged in value from as little as $2.54 up to $4.87. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Harvey Norman's is 0.7639. This would suggest that Harvey Norman's shares are less volatile than average (for this exchange).
Harvey Norman overview
Harvey Norman Holdings Limited grants franchises to independent franchisees. Its franchisees sell products in various categories, including electrical goods, furniture, computers and communications, bedding and manchester, kitchen appliances, small appliances, bathroom and tiles, and carpets and flooring. The company has 195 franchised complexes under the Harvey Norman, Domayne, and Joyce Mayne brands in Australia; and 90 company-operated stores under the Harvey Norman brand in New Zealand, Ireland, Northern Ireland, Singapore, Malaysia, Slovenia, and Croatia. It is also involved in the property investment and media placement activities, as well as provides consumer finance and other commercial loans and advances. The company was founded in 1982 and is based in Homebush West, Australia.
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