HLIT
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 38.91 | 17.39 | 48.52 | 90.46 |
| Price to Sales | 2.24 | 2.39 | 2.20 | 2.35 |
| Book Value Per Common Share | 3.99 | 3.89 | 2.95 | 2.88 |
| Price to Book | 3.32 | 3.36 | 4.44 | 4.08 |
| Price to Operating Cash Flow | 24.60 | 206.33 | 251.44 | 29.09 |
| Price to Free Cash Flow | 28.88 | -1026.77 | -364.90 | 42.56 |
| Enterprise Value to EBITDA | 199541.17 | 429952.62 | 232955.77 | 371994.08 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 509.00 | 315.67 | 191.80 | 40.09 | 76.68 |
| Price to Sales | 8.08 | 7.78 | 8.38 | 6.94 | 8.66 |
| Book Value Per Common Share | 3.95 | 3.94 | 3.89 | 3.99 | 3.68 |
| Price to Book | 2.58 | 2.41 | 2.47 | 3.32 | 3.96 |
| Price to Operating Cash Flow | 48.38 | -91.76 | 13.34 | 31.79 | 194.53 |
| Price to Free Cash Flow | 54.67 | -69.28 | 13.65 | 33.41 | 295.54 |
| Enterprise Value to EBITDA | 895610.05 | 1556001.35 | 867671.06 | 250874.54 | 494170.52 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | -54.67 | 177.78 | 107.69 | |
| Revenue YoY | 11.65 | -2.73 | 23.23 | |
| EBITDA YoY | 127.03 | -44.82 | 89.82 | |
| Net Profit YoY | -53.31 | 198.04 | 112.63 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | -33.33 | -40.00 | -84.85 | 73.68 | |
| Revenue YoY | 3.16 | 3.67 | -40.07 | 13.49 | |
| EBITDA YoY | 84.83 | -45.55 | -79.41 | 79.21 | |
| Net Profit YoY | -6.17 | -51.67 | -84.42 | 75.52 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 0.88 | 0.75 | 0.85 | 1.31 |
| Quick Ratio | 1.69 | 0.85 | 0.63 | 1.02 |
| Current Ratio | 2.18 | 1.21 | 1.07 | 1.44 |
| Debt to Equity | 0.71 | 0.76 | 1.19 | 1.34 |
| Long-Term Debt to Equity | 0.35 | 0.13 | 0.20 | 0.58 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 1.13 | 1.09 | 1.28 | 0.87 | 0.50 |
| Quick Ratio | 1.50 | 1.44 | 1.53 | 1.69 | 1.46 |
| Current Ratio | 2.08 | 1.99 | 2.06 | 2.18 | 2.08 |
| Debt to Equity | 0.71 | 0.75 | 0.73 | 0.71 | 0.77 |
| Long-Term Debt to Equity | 0.36 | 0.37 | 0.36 | 0.35 | 0.39 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 4.92 | 10.93 | 3.97 | 1.91 |
| ROE | 8.43 | 19.23 | 8.68 | 4.47 |
| Gross Margin | 53.91 | 51.41 | 50.54 | 51.22 |
| Operating Margin | 9.62 | 3.59 | 7.92 | 3.84 |
| EBITDA Margin | 11.40 | 5.61 | 9.89 | 6.42 |
| Net Profit Margin | 5.78 | 13.82 | 4.51 | 2.61 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 0.36 | 0.37 | 0.77 | 4.79 | 2.86 |
| ROE | 0.61 | 0.64 | 1.33 | 8.19 | 5.06 |
| Gross Margin | 54.17 | 53.46 | 59.02 | 56.11 | 53.50 |
| Operating Margin | 6.98 | 3.06 | 7.48 | 26.37 | 16.09 |
| EBITDA Margin | 8.96 | 5.00 | 9.52 | 27.71 | 17.55 |
| Net Profit Margin | 1.89 | 2.08 | 4.46 | 17.16 | 11.09 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 796,506.00 | 768,206.00 | 710,018.00 | 693,686.00 |
| Current Assets | 366,076.00 | 330,732.00 | 345,299.00 | 323,127.00 |
| Cash and Short-Term Investments | 101,457.00 | 84,269.00 | 89,586.00 | 133,431.00 |
| Cash and Cash Equivalents | 101,457.00 | 84,269.00 | 89,586.00 | 133,431.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 182,301.00 | 146,303.00 | 114,010.00 | 96,630.00 |
| Inventory | 64,004.00 | 83,982.00 | 120,949.00 | 71,195.00 |
| Other Current Assets | 18,314.00 | 16,178.00 | 20,754.00 | 21,871.00 |
| Non-Current Assets | 430,430.00 | 437,474.00 | 364,719.00 | 370,559.00 |
| Property, Plant, Equipment Net | 39,234.00 | 57,500.00 | 65,283.00 | 73,689.00 |
| Goodwill | 236,876.00 | 239,150.00 | 237,739.00 | 240,213.00 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 121,028.00 | 104,707.00 | 11,776.00 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 |
| Liabilities | 331,248.00 | 331,332.00 | 385,512.00 | 396,890.00 |
| Current Liabilities | 167,569.00 | 272,394.00 | 322,072.00 | 224,461.00 |
| Payables and Expenses | 46,978.00 | 42,969.00 | 67,455.00 | 64,429.00 |
| Account Payables | 35,250.00 | 38,562.00 | 67,455.00 | 64,429.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 |
| Short-Term Debt | 12,810.00 | 126,591.00 | 125,510.00 | 49,162.00 |
| Other Current Liabilities | 107,781.00 | 102,834.00 | 129,107.00 | 110,870.00 |
| Non-Current Liabilities | 163,679.00 | 58,938.00 | 63,440.00 | 172,429.00 |
| Long-Term Debt | 135,505.00 | 29,460.00 | 35,271.00 | 141,050.00 |
| Other Non-Current Liabilities | 28,174.00 | 29,478.00 | 28,169.00 | 31,379.00 |
| Equity | 465,258.00 | 436,874.00 | 324,506.00 | 296,796.00 |
| Shareholders Equity | 465,258.00 | 436,874.00 | 324,506.00 | 296,796.00 |
| Capital Stock | 117.00 | 112.00 | 110.00 | 103.00 |
| Share Premium | 2,432,733.00 | 2,405,043.00 | 2,380,651.00 | 2,387,039.00 |
| Retained Earnings | -1,953,495.00 | -1,962,575.00 | -2,046,569.00 | -2,087,957.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -14,097.00 | -5,706.00 | -9,686.00 | -3,272.00 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 148,315.00 | 156,051.00 | 160,781.00 | 190,212.00 |
| Net Debt | 26,456.00 | 46,024.00 | 40,312.00 | 20,315.00 |
| Common Shares Outstanding | 116,735.00 | 112,407.00 | 109,871.00 | 102,959.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 678,722.00 | 607,907.00 | 624,957.00 | 507,149.00 |
| Cost Of Revenue | 312,801.00 | 295,362.00 | 309,073.00 | 247,407.00 |
| Interest Expense | 7,326.00 | 2,696.00 | 5,040.00 | 10,625.00 |
| Non-Interest Expense | 153,124.00 | 163,282.00 | 146,717.00 | 138,085.00 |
| Gross Profit | 365,921.00 | 312,545.00 | 315,884.00 | 259,742.00 |
| Operating Expenses | 274,099.00 | 289,564.00 | 267,024.00 | 240,823.00 |
| Selling, General and Administrative Expenses | 153,124.00 | 163,282.00 | 146,717.00 | 138,085.00 |
| Research and Development Expenses | 120,975.00 | 126,282.00 | 120,307.00 | 102,231.00 |
| Operating Income | 91,822.00 | 22,981.00 | 48,860.00 | 18,919.00 |
| Net Non-Operating Income | 2,123.00 | -335.00 | 4,006.00 | 687.00 |
| EBT | 57,933.00 | 19,141.00 | 44,485.00 | 8,871.00 |
| Income Tax | 18,716.00 | -64,853.00 | 16,303.00 | -4,383.00 |
| Net Income Including Non-Controlling Interests | 39,217.00 | 83,994.00 | 28,182.00 | 13,254.00 |
| Net Income | 39,217.00 | 83,994.00 | 28,182.00 | 13,254.00 |
| EBIT | 65,259.00 | 21,837.00 | 49,525.00 | 19,496.00 |
| Deprecation and Amortization | 12,139.00 | 12,255.00 | 12,260.00 | 13,053.00 |
| EBITDA | 77,398.00 | 34,092.00 | 61,785.00 | 32,549.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 115,120.00 | 111,651.00 | 105,080.00 | 101,484.00 |
| Average Shares Outstanding Diluted | 117,482.00 | 117,359.00 | 112,378.00 | 106,171.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 61,917.00 | 7,059.00 | 5,476.00 | 41,017.00 |
| Operating Net Income | 39,217.00 | 83,994.00 | 28,182.00 | 13,254.00 |
| Deprecation and Amortization | 12,139.00 | 12,255.00 | 12,260.00 | 13,053.00 |
| Deferred Income Tax | -16,436.00 | -92,856.00 | 4,894.00 | -6,197.00 |
| Share Based Compensation | 28,073.00 | 27,329.00 | 25,212.00 | 24,056.00 |
| Change in Working Capital | -24,967.00 | -34,432.00 | -67,423.00 | -13,855.00 |
| Other Operating Activities | 23,891.00 | 10,769.00 | 2,351.00 | 10,706.00 |
| Investing Cash Flow | -9,186.00 | -8,475.00 | -1,288.00 | -12,975.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -9,186.00 | -8,475.00 | -9,250.00 | -12,975.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 7,962.00 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -33,269.00 | -4,990.00 | -43,133.00 | 7,939.00 |
| Net Issuance/Repayment of Debt | -2,004.00 | -1,030.00 | -38,791.00 | -2,308.00 |
| Net Issuance/Repurchase of Equity | -23,419.00 | 6,558.00 | 1,959.00 | 12,311.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | -7,846.00 | -10,518.00 | -6,301.00 | -2,064.00 |
| Net Change in Cash | 19,462.00 | -6,406.00 | -38,945.00 | 35,981.00 |
| Cash at Beginning of Period | 84,269.00 | 89,586.00 | 133,431.00 | 98,645.00 |
| Cash at End of Period | 101,789.00 | 84,269.00 | 89,586.00 | 133,431.00 |
| Free Cash Flow | 52,731.00 | -1,416.00 | -3,774.00 | 28,042.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 758,595.00 | 783,347.00 | 773,748.00 | 796,506.00 | 759,861.00 |
| Current Assets | 327,031.00 | 342,857.00 | 340,692.00 | 366,076.00 | 336,368.00 |
| Cash and Short-Term Investments | 127,376.00 | 123,918.00 | 148,708.00 | 101,457.00 | 58,174.00 |
| Cash and Cash Equivalents | 127,376.00 | 123,918.00 | 148,708.00 | 101,457.00 | 58,174.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 108,888.00 | 124,908.00 | 104,343.00 | 182,301.00 | 178,090.00 |
| Inventory | 68,604.00 | 71,138.00 | 62,055.00 | 64,004.00 | 73,864.00 |
| Other Current Assets | 22,163.00 | 22,893.00 | 25,586.00 | 18,314.00 | 26,240.00 |
| Non-Current Assets | 431,564.00 | 440,490.00 | 433,056.00 | 430,430.00 | 423,493.00 |
| Property, Plant, Equipment Net | 39,916.00 | 39,844.00 | 39,547.00 | 39,234.00 | 41,867.00 |
| Goodwill | 241,767.00 | 241,718.00 | 238,200.00 | 236,876.00 | 239,597.00 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 115,454.00 | 121,364.00 | 120,472.00 | 121,028.00 | 107,380.00 |
| Other Non-Current Assets | 34,427.00 | 37,564.00 | 34,837.00 | 33,292.00 | 34,649.00 |
| Liabilities | 315,584.00 | 336,945.00 | 327,618.00 | 331,248.00 | 330,924.00 |
| Current Liabilities | 157,102.00 | 172,209.00 | 165,221.00 | 167,569.00 | 161,662.00 |
| Payables and Expenses | 45,203.00 | 61,317.00 | 57,719.00 | 46,978.00 | 42,480.00 |
| Account Payables | 23,270.00 | 40,666.00 | 27,332.00 | 35,250.00 | 42,480.00 |
| Current Accrued Liabilities | 20,952.00 | 19,413.00 | 17,179.00 | 0 | 0 |
| Short-Term Debt | 14,663.00 | 14,049.00 | 13,232.00 | 12,810.00 | 13,200.00 |
| Other Current Liabilities | 97,236.00 | 96,843.00 | 94,270.00 | 107,781.00 | 105,982.00 |
| Non-Current Liabilities | 158,482.00 | 164,736.00 | 162,397.00 | 163,679.00 | 169,262.00 |
| Long-Term Debt | 131,899.00 | 136,908.00 | 135,338.00 | 135,505.00 | 137,924.00 |
| Other Non-Current Liabilities | 26,583.00 | 27,828.00 | 27,059.00 | 28,174.00 | 31,338.00 |
| Equity | 443,011.00 | 446,402.00 | 446,130.00 | 465,258.00 | 428,937.00 |
| Shareholders Equity | 443,011.00 | 446,402.00 | 446,130.00 | 465,258.00 | 428,937.00 |
| Capital Stock | 112.00 | 113.00 | 115.00 | 117.00 | 117.00 |
| Share Premium | 2,458,285.00 | 2,448,446.00 | 2,442,010.00 | 2,432,733.00 | 2,424,322.00 |
| Retained Earnings | -2,008,215.00 | -1,995,193.00 | -1,983,872.00 | -1,953,495.00 | -1,991,615.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -7,171.00 | -6,964.00 | -12,123.00 | -14,097.00 | -3,887.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 146,562.00 | 150,957.00 | 148,570.00 | 148,315.00 | 151,124.00 |
| Net Debt | 0 | 7,089.00 | 0 | 26,456.00 | 71,332.00 |
| Common Shares Outstanding | 112,215.00 | 113,389.00 | 114,679.15 | 116,735.00 | 116,511.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 142,382.00 | 138,027.00 | 133,135.00 | 222,166.00 | 195,756.00 |
| Cost Of Revenue | 65,253.00 | 64,234.00 | 54,561.00 | 97,515.00 | 91,024.00 |
| Interest Expense | 1,184.00 | 1,253.00 | 1,474.00 | 2,493.00 | 2,686.00 |
| Non-Interest Expense | 36,524.00 | 38,194.00 | 37,098.00 | 38,587.00 | 35,851.00 |
| Gross Profit | 77,129.00 | 73,793.00 | 78,574.00 | 124,651.00 | 104,732.00 |
| Operating Expenses | 66,223.00 | 67,636.00 | 68,447.00 | 70,000.00 | 65,924.00 |
| Selling, General and Administrative Expenses | 36,524.00 | 38,194.00 | 37,098.00 | 38,587.00 | 35,851.00 |
| Research and Development Expenses | 29,699.00 | 29,442.00 | 31,349.00 | 31,413.00 | 30,073.00 |
| Operating Income | 10,906.00 | 6,157.00 | 10,127.00 | 54,651.00 | 38,808.00 |
| Net Non-Operating Income | 113.00 | 359.00 | -172.00 | 5,725.00 | -3,932.00 |
| EBT | 8,748.00 | 2,976.00 | 8,481.00 | 56,100.00 | 28,806.00 |
| Income Tax | 6,054.00 | 105.00 | 2,541.00 | 17,980.00 | 7,088.00 |
| Net Income Including Non-Controlling Interests | 2,694.00 | 2,871.00 | 5,940.00 | 38,120.00 | 21,718.00 |
| Net Income | 2,694.00 | 2,871.00 | 5,940.00 | 38,120.00 | 21,718.00 |
| EBIT | 9,932.00 | 4,229.00 | 9,955.00 | 58,593.00 | 31,492.00 |
| Deprecation and Amortization | 2,823.00 | 2,672.00 | 2,720.00 | 2,968.00 | 2,860.00 |
| EBITDA | 12,755.00 | 6,901.00 | 12,675.00 | 61,561.00 | 34,352.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 112,982.00 | 113,392.00 | 116,319.00 | 116,619.00 | 116,403.00 |
| Average Shares Outstanding Diluted | 113,323.00 | 113,493.00 | 117,021.00 | 117,699.00 | 117,358.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 23,770.00 | -11,697.00 | 83,605.00 | 48,531.00 | 8,720.00 |
| Operating Net Income | 2,694.00 | 2,871.00 | 5,940.00 | 38,120.00 | 21,718.00 |
| Deprecation and Amortization | 2,823.00 | 2,672.00 | 2,720.00 | 2,968.00 | 2,860.00 |
| Deferred Income Tax | -402.00 | -3,430.00 | 712.00 | -13,763.00 | 6,224.00 |
| Share Based Compensation | 7,324.00 | 7,697.00 | 8,465.00 | 8,486.00 | 5,710.00 |
| Change in Working Capital | 10,610.00 | -23,568.00 | 63,617.00 | 11,015.00 | -36,003.00 |
| Other Operating Activities | 721.00 | 2,061.00 | 2,151.00 | 1,705.00 | 8,211.00 |
| Investing Cash Flow | -2,732.00 | -3,800.00 | -1,872.00 | -2,346.00 | -2,984.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -2,732.00 | -3,800.00 | -1,872.00 | -2,346.00 | -2,984.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0.00 | 0 |
| Financing Cash Flow | -17,748.00 | -12,809.00 | -36,074.00 | -1,287.00 | 2,941.00 |
| Net Issuance/Repayment of Debt | -4,431.00 | 1,869.00 | -500.00 | -650.00 | 480.00 |
| Net Issuance/Repurchase of Equity | -12,728.00 | -14,023.00 | -33,023.00 | 0 | 3,086.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -589.00 | -655.00 | -2,551.00 | -637.00 | -625.00 |
| Net Change in Cash | 3,290.00 | -28,306.00 | 45,659.00 | 44,898.00 | 8,677.00 |
| Cash at Beginning of Period | 124,274.00 | 149,038.00 | 101,789.00 | 58,501.00 | 48,765.00 |
| Cash at End of Period | 127,715.00 | 124,274.00 | 149,038.00 | 101,789.00 | 58,501.00 |
| Free Cash Flow | 21,038.00 | -15,497.00 | 81,733.00 | 46,185.00 | 5,736.00 |