Harvey Norman is a specialty retail business based in Australia. Harvey Norman shares (HVN) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Harvey Norman has a trailing 12-month revenue of around $2.8 billion. If you're looking to buy shares, check out the steps below.
To buy shares listed in Australia such as Harvey Norman, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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| 52-week range | $3.0246 - $5.075 |
|---|---|
| 50-day moving average | $4.8474 |
| 200-day moving average | $4.1444 |
| Target price | $4.75 |
| PE ratio | 15.3 |
| Dividend yield | $0.22 (4.79%) |
| Earnings per share (TTM) | $0.3 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.
Historical closes compared with the last close of A$4.57
| 1 week (2024-04-17) | -0.44% |
|---|---|
| 1 month (2024-03-25) | -7.86% |
| 3 months (2024-01-25) | 3.63% |
| 6 months (2023-10-25) | 28.73% |
| 1 year (2023-04-24) | 25.21% |
|---|---|
| 2 years (2022-04-22) | -11.61% |
| 3 years (2021-04-23) | -17.36% |
| 5 years (2019-04-24) | 12.06% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Harvey Norman shares trade at around 15x 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 (earnings before interest, taxes, depreciation and amortisation) is $750.5 million (£0.0 million).
The EBITDA is a measure of a Harvey Norman's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $2.8 billion |
|---|---|
| Operating margin TTM | 24.5% |
| Gross profit TTM | $892 million |
| Return on assets TTM | 5.38% |
| Return on equity TTM | 8.47% |
| Profit margin | 13.43% |
| Book value | 3.592 |
| Market capitalisation | $5.7 billion |
TTM: trailing 12 months
Dividend payout ratio: 83.53% of net profits
Recently Harvey Norman has paid out, on average, around 83.53% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.79% 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 4.79% return on their shares, in the form of dividend payments. In Harvey Norman's case, that would currently equate to about A$0.22 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 1 April 2024 (the "ex-dividend date").
Harvey Norman's shares were split on a 1.0085:1 basis on 15 November 2001. So if you had owned 1 share the day before the split, the next day you would own 1.0085 shares. This wouldn't directly have changed the overall worth of your Harvey Norman shares – just the quantity. However, indirectly, the new 0.8% lower share price could have impacted the market appetite for Harvey Norman shares which in turn could have impacted Harvey Norman's share price.
Over the last 12 months, Harvey Norman's shares have ranged in value from as little as $3.0246 up to $5.075. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Harvey Norman's is 0.691. This would suggest that Harvey Norman's shares are less volatile than average (for this exchange).
Harvey Norman Holdings Limited engages in the integrated retail, franchise, property, and digital system businesses. It franchises and sells products in various categories, including electrical goods, furniture, computerized communications, bedding and Manchester, kitchen and small appliances, bathroom and tiles, and carpets and floorings. It operates complexes under the Harvey Norman, Domayne, and Joyce Mayne brands in Australia; and company-operated stores under the Harvey Norman brand in New Zealand, Singapore, Malaysia, Slovenia, Croatia, Ireland, and Northern Ireland. It is also involved in the property investment and media placement activities; acts as a lessor of premises to Harvey Norman, Domayne, and Joyce Mayne franchisees and other third parties, as well as retail properties; development and sale of properties; and provision of consumer finance and other commercial loans and advances. The company was founded in 1982 and is headquartered in Homebush West, Australia.
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