Harvey Norman Holdings Ltd HVN

Morningstar Rating

Unlock

A$4.57 +0.05 (1.11%)

View Full Chart

As of Aug 9, 2024 6:12am Delayed Price Closed

Unlock our analysis with Morningstar Investor

Start Free Trial

Company Report

View Archive

Australian Retailing: Aussies Feeding Their Lifestyles Hand to Mouth

Johannes Faul Jul 1, 2024

The upcoming August 2024 reporting season will draw the line under a difficult year for Australian retailers in which they navigated soft demand and soaring labor costs. The combination results in a profit margin crunch and declining earnings for many retailers.

Read Full Report

Price vs Fair Value

View History

HVN is trading at a 228% premium.

Price

A$4.57

Aug 9, 2024

Fair Value

A$9.00

Feb 29, 2024

Uncertainty

Medium

1-Star Price: A$8.20
5-Star Price: A$4.80
Economic Moat: Zftk
Capital Allocation: Gqtllrbx

Bulls Say, Bears Say

Bulls

The franchise business model promotes entrepreneurial leadership aimed at evolving product offerings to match the demands of consumers.

Bears

The Australian franchisee model could be at a disadvantage in the online channel versus company owned omnichannel competitors and pure-play online retailers.

Is it the right time to buy, sell, or hold?

Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if HVN is a good fit for your portfolio.

Get 7 Days Free

Trading Information

Previous Close Price: A$4.52
Day Range: A$4.52–4.58
52-Week Range: A$3.44–5.15
Bid/Ask: A$4.55 / A$4.58
Market Cap: A$5.69 Bil
Volume/Avg: 1.9 Mil / 1.7 Mil

Key Statistics

Price/Earnings (Normalized): 13.08
Price/Sales: 1.47
Dividend Yield (Trailing): 4.81%
Dividend Yield (Forward): 4.81%
Total Yield: 4.81%

Company Profile

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.

Sector: Consumer Cyclical
Industry: Specialty Retail
Stock Style Box: Mid Value
Total Number of Employees: 6,302
Website: https://www.harveynormanholdings.com.au

Competitors

Valuation

Metric	HVN	KGN	BBY
Price/Earnings (Normalized)	13.08	20.59	12.84
Price/Book Value	1.27	2.54	5.80
Price/Sales	1.47	0.93	0.42
Price/Cash Flow	6.82	7.05	7.96

Price/Earnings

HVN

KGN

BBY

Financial Strength

Metric	HVN	KGN	BBY
Quick Ratio	1.39	0.75	0.26
Current Ratio	2.18	1.34	1.01
Interest Coverage	5.85	4.95	32.27

Quick Ratio

HVN

KGN

BBY

Profitability

Metric	HVN	KGN	BBY
Return on Assets (Normalized)	4.91%	4.02%	9.61%
Return on Equity (Normalized)	8.60%	7.37%	50.52%
Return on Invested Capital (Normalized)	6.60%	6.32%	21.90%

Return on Assets

HVN

KGN

BBY

See how this stock stacks up to its competitors with Morningstar Investor