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HV

Harvey Norman Holdings Limited

HVN.AXConsumer CyclicalASX

Specialty Retail

PriceMA150MA200
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Financials · Annual
Revenue
$4.12B
+5.1% YoY
Net Income
$518.0M
+47.0% YoY
EBITDA
$1.06B
+26.9% YoY
Free Cash Flow
$755.8M

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About Harvey Norman Holdings Limited

Part of the consumer cyclical sector, Harvey Norman Holdings Limited (HVN.AX) is listed under Specialty Retail. The company carries a $5.68B market cap, placing it firmly in the mid-cap category. The company 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.

Key stats
Market Cap$5.68B
P/E (TTM)10.13
Fwd P/E12.01
EPS$0.45
Beta0.71
52W Change-14.3%
Dividend Yield6.46%
ROE11.8%
Analysis

On the balance sheet, HVN.AX has $385.3M in cash with $2.46B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $755.8M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 11.8%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 5.8% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $4.14B (2022) to $4.12B (2025).

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. No single metric tells the full story. Reviewing HVN.AX's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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