Harmonic Drive Systems Inc. Logo

Harmonic Drive Systems Inc.

6324.T

(2.2)
Stock Price

2.149,00 JPY

-23.64% ROA

-27.2% ROE

-11.72x PER

Market Cap.

296.801.071.875,00 JPY

23.01% DER

0.64% Yield

-47.08% NPM

Harmonic Drive Systems Inc. Stock Analysis

Harmonic Drive Systems Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Harmonic Drive Systems Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (24%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROE

The stock's ROE falls within an average range (7.51%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (7.1%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

6 Dividend Growth

With a history of consistent dividend increases over the last three years, the company has proven to be a reliable choice for investors seeking reliable income.

7 Buffet Intrinsic Value

The company's stock seems undervalued (102.612) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

8 PBV

The stock's elevated P/BV ratio (3.83x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

9 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

11 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

Harmonic Drive Systems Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Harmonic Drive Systems Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Harmonic Drive Systems Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Harmonic Drive Systems Inc. Revenue
Year Revenue Growth
2004 14.110.082.000
2005 14.452.655.000 2.37%
2006 18.767.977.000 22.99%
2007 19.212.353.000 2.31%
2008 16.165.164.000 -18.85%
2009 12.056.871.000 -34.07%
2010 22.001.131.000 45.2%
2011 20.159.123.000 -9.14%
2012 18.130.644.000 -11.19%
2013 21.083.534.000 14.01%
2014 25.951.062.000 18.76%
2015 28.278.413.000 8.23%
2016 30.069.057.000 5.96%
2017 54.339.573.000 44.66%
2018 67.809.268.000 19.86%
2019 37.487.753.000 -80.88%
2020 37.034.042.000 -1.23%
2021 57.087.914.000 35.13%
2022 71.527.316.000 20.19%
2023 55.025.004.000 -29.99%
2023 55.796.455.000 1.38%
2024 51.995.816.000 -7.31%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Harmonic Drive Systems Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 1.146.000.000 100%
2013 1.235.000.000 7.21%
2014 1.309.000.000 5.65%
2015 1.404.658.000 6.81%
2016 1.383.313.000 -1.54%
2017 2.114.993.000 34.59%
2018 2.476.000.000 14.58%
2019 2.195.000.000 -12.8%
2020 2.444.000.000 10.19%
2021 3.012.000.000 18.86%
2022 3.274.000.000 8%
2023 0 0%
2023 3.613.612.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Harmonic Drive Systems Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Harmonic Drive Systems Inc. EBITDA
Year EBITDA Growth
2004 3.488.977.000
2005 3.906.964.000 10.7%
2006 5.320.162.000 26.56%
2007 5.396.562.000 1.42%
2008 3.533.837.000 -52.71%
2009 1.858.515.000 -90.14%
2010 6.740.778.000 72.43%
2011 5.441.990.000 -23.87%
2012 4.753.102.000 -14.49%
2013 6.036.603.000 21.26%
2014 8.835.788.000 31.68%
2015 9.334.947.000 5.35%
2016 9.740.028.000 4.16%
2017 18.119.755.000 46.25%
2018 23.756.995.000 23.73%
2019 8.080.045.000 -194.02%
2020 8.862.549.000 8.83%
2021 17.501.108.000 49.36%
2022 20.499.429.000 14.63%
2023 379.100.000 -5307.39%
2023 10.487.129.000 96.39%
2024 6.734.588.000 -55.72%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Harmonic Drive Systems Inc. Gross Profit
Year Gross Profit Growth
2004 6.294.413.000
2005 6.778.351.000 7.14%
2006 8.714.802.000 22.22%
2007 8.691.629.000 -0.27%
2008 6.459.259.000 -34.56%
2009 4.529.829.000 -42.59%
2010 9.930.491.000 54.38%
2011 8.297.098.000 -19.69%
2012 7.368.095.000 -12.61%
2013 9.117.901.000 19.19%
2014 12.121.735.000 24.78%
2015 13.286.259.000 8.76%
2016 13.866.775.000 4.19%
2017 25.703.303.000 46.05%
2018 30.446.058.000 15.58%
2019 12.003.300.000 -153.65%
2020 12.582.804.000 4.61%
2021 22.426.040.000 43.89%
2022 25.786.304.000 13.03%
2023 15.477.428.000 -66.61%
2023 13.050.250.000 -18.6%
2024 13.638.080.000 4.31%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Harmonic Drive Systems Inc. Net Profit
Year Net Profit Growth
2004 1.840.922.000
2005 2.114.382.000 12.93%
2006 2.811.401.000 24.79%
2007 2.741.350.000 -2.56%
2008 1.518.895.000 -80.48%
2009 498.622.000 -204.62%
2010 2.951.824.000 83.11%
2011 2.139.734.000 -37.95%
2012 1.960.838.000 -9.12%
2013 2.993.743.000 34.5%
2014 4.833.599.000 38.06%
2015 5.001.654.000 3.36%
2016 19.732.045.000 74.65%
2017 8.059.744.000 -144.82%
2018 11.601.858.000 30.53%
2019 -832.503.000 1493.61%
2020 662.495.000 225.66%
2021 6.643.893.000 90.03%
2022 7.595.928.000 12.53%
2023 323.288.000 -2249.59%
2023 -24.806.996.000 101.3%
2024 -1.133.332.000 -2088.86%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Harmonic Drive Systems Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 64
2005 72 11.11%
2006 31 -140%
2007 30 -3.45%
2008 17 -81.25%
2009 1.633 99.02%
2010 32 -5003.13%
2011 23 -39.13%
2012 21 -9.52%
2013 33 34.38%
2014 53 38.46%
2015 55 3.7%
2016 215 74.88%
2017 87 -150%
2018 121 28.33%
2019 -9 1600%
2020 7 233.33%
2021 69 91.3%
2022 80 12.66%
2023 0 0%
2023 -261 100%
2024 -12 -2272.73%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Harmonic Drive Systems Inc. Free Cashflow
Year Free Cashflow Growth
2004 1.917.230.000
2005 2.673.021.000 28.27%
2006 2.335.476.000 -14.45%
2007 1.774.508.000 -31.61%
2008 2.621.835.000 32.32%
2009 -493.473.000 631.3%
2010 3.741.763.000 113.19%
2011 530.406.000 -605.45%
2012 3.530.582.000 84.98%
2013 2.337.510.000 -51.04%
2014 3.552.101.000 34.19%
2015 2.140.285.000 -65.96%
2016 3.401.765.000 37.08%
2017 -212.585.000 1700.19%
2018 -6.154.118.000 96.55%
2019 -434.163.000 -1317.47%
2020 8.169.346.000 105.31%
2021 5.068.402.000 -61.18%
2022 1.781.873.000 -184.44%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Harmonic Drive Systems Inc. Operating Cashflow
Year Operating Cashflow Growth
2004 2.284.474.000
2005 3.223.075.000 29.12%
2006 3.025.601.000 -6.53%
2007 2.880.587.000 -5.03%
2008 3.585.044.000 19.65%
2009 -130.387.000 2849.54%
2010 5.337.646.000 102.44%
2011 2.476.627.000 -115.52%
2012 4.700.137.000 47.31%
2013 3.643.195.000 -29.01%
2014 5.494.504.000 33.69%
2015 6.499.130.000 15.46%
2016 7.225.701.000 10.06%
2017 9.233.727.000 21.75%
2018 15.121.877.000 38.94%
2019 10.950.184.000 -38.1%
2020 9.555.003.000 -14.6%
2021 9.881.633.000 3.31%
2022 10.850.473.000 8.93%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Harmonic Drive Systems Inc. Capital Expenditure
Year Capital Expenditure Growth
2004 367.244.000
2005 550.054.000 33.23%
2006 690.125.000 20.3%
2007 1.106.079.000 37.61%
2008 963.209.000 -14.83%
2009 363.086.000 -165.28%
2010 1.595.883.000 77.25%
2011 1.946.221.000 18%
2012 1.169.555.000 -66.41%
2013 1.305.685.000 10.43%
2014 1.942.403.000 32.78%
2015 4.358.845.000 55.44%
2016 3.823.936.000 -13.99%
2017 9.446.312.000 59.52%
2018 21.275.995.000 55.6%
2019 11.384.347.000 -86.89%
2020 1.385.657.000 -721.58%
2021 4.813.231.000 71.21%
2022 9.068.600.000 46.92%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Harmonic Drive Systems Inc. Equity
Year Equity Growth
2004 9.323.074.000
2005 14.225.588.000 34.46%
2006 16.837.163.000 15.51%
2007 18.580.007.000 9.38%
2008 17.428.648.000 -6.61%
2009 19.058.416.000 8.55%
2010 22.957.563.000 16.98%
2011 23.533.721.000 2.45%
2012 25.986.566.000 9.44%
2013 30.520.887.000 14.86%
2014 37.680.875.000 19%
2015 38.891.087.000 3.11%
2016 57.400.291.000 32.25%
2017 103.324.800.000 44.45%
2018 108.400.969.000 4.68%
2019 102.297.731.000 -5.97%
2020 110.059.815.000 7.05%
2021 98.856.301.000 -11.33%
2022 103.955.656.000 4.91%
2023 79.401.665.000 -30.92%
2023 106.651.975.000 25.55%
2024 80.454.759.000 -32.56%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Harmonic Drive Systems Inc. Assets
Year Assets Growth
2004 16.348.465.000
2005 21.521.739.000 24.04%
2006 23.126.240.000 6.94%
2007 24.416.485.000 5.28%
2008 24.459.681.000 0.18%
2009 26.530.824.000 7.81%
2010 34.268.352.000 22.58%
2011 35.543.819.000 3.59%
2012 36.953.995.000 3.82%
2013 38.625.948.000 4.33%
2014 49.440.969.000 21.87%
2015 48.749.900.000 -1.42%
2016 87.734.445.000 44.43%
2017 133.988.448.000 34.52%
2018 137.995.696.000 2.9%
2019 127.427.490.000 -8.29%
2020 140.028.170.000 9%
2021 143.289.918.000 2.28%
2022 154.336.246.000 7.16%
2023 119.142.291.000 -29.54%
2023 151.411.258.000 21.31%
2024 120.491.869.000 -25.66%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Harmonic Drive Systems Inc. Liabilities
Year Liabilities Growth
2004 7.025.391.000
2005 7.296.151.000 3.71%
2006 6.289.077.000 -16.01%
2007 5.836.478.000 -7.75%
2008 7.031.033.000 16.99%
2009 7.472.408.000 5.91%
2010 11.310.789.000 33.94%
2011 12.010.098.000 5.82%
2012 10.967.429.000 -9.51%
2013 8.105.061.000 -35.32%
2014 11.760.094.000 31.08%
2015 9.858.813.000 -19.29%
2016 30.334.154.000 67.5%
2017 30.663.648.000 1.07%
2018 29.594.727.000 -3.61%
2019 25.129.759.000 -17.77%
2020 29.968.355.000 16.15%
2021 44.433.617.000 32.55%
2022 50.380.590.000 11.8%
2023 39.740.622.000 -26.77%
2023 44.759.283.000 11.21%
2024 40.037.109.000 -11.79%

Harmonic Drive Systems Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
566.32
Net Income per Share
-266.62
Price to Earning Ratio
-11.72x
Price To Sales Ratio
5.52x
POCF Ratio
19.5
PFCF Ratio
19.5
Price to Book Ratio
3.69
EV to Sales
5.57
EV Over EBITDA
82.29
EV to Operating CashFlow
19.7
EV to FreeCashFlow
19.7
Earnings Yield
-0.09
FreeCashFlow Yield
0.05
Market Cap
296,80 Bil.
Enterprise Value
299,71 Bil.
Graham Number
2254.27
Graham NetNet
-46.95

Income Statement Metrics

Net Income per Share
-266.62
Income Quality
-0.61
ROE
-0.27
Return On Assets
-0.21
Return On Capital Employed
-0.01
Net Income per EBT
0.88
EBT Per Ebit
28.14
Ebit per Revenue
-0.02
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0.07
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.27
Operating Profit Margin
-0.02
Pretax Profit Margin
-0.54
Net Profit Margin
-0.47

Dividends

Dividend Yield
0.01
Dividend Yield %
0.64
Payout Ratio
0
Dividend Per Share
20

Operating Metrics

Operating Cashflow per Share
160.22
Free CashFlow per Share
160.22
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
-0.01
Return on Tangible Assets
-0.24
Days Sales Outstanding
78.44
Days Payables Outstanding
28.58
Days of Inventory on Hand
122.65
Receivables Turnover
4.65
Payables Turnover
12.77
Inventory Turnover
2.98
Capex per Share
0

Balance Sheet

Cash per Share
213,52
Book Value per Share
847,10
Tangible Book Value per Share
706.21
Shareholders Equity per Share
847.1
Interest Debt per Share
196.84
Debt to Equity
0.23
Debt to Assets
0.15
Net Debt to EBITDA
0.8
Current Ratio
3.69
Tangible Asset Value
67,07 Bil.
Net Current Asset Value
7,87 Bil.
Invested Capital
96328157000
Working Capital
34,94 Bil.
Intangibles to Total Assets
0.11
Average Receivables
11,64 Bil.
Average Payables
3,06 Bil.
Average Inventory
12944946500
Debt to Market Cap
0.06

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Harmonic Drive Systems Inc. Dividends
Year Dividends Growth
2000 38.000
2001 26.000 -46.15%
2002 2.000 -1200%
2003 2.301 13.04%
2004 17.300 86.71%
2007 6.800 -154.41%
2008 4.600 -47.83%
2010 5.320 13.53%
2011 3.714 -43.28%
2012 22 -16777.27%
2013 23 4.35%
2014 37 37.84%
2015 16 -131.25%
2016 19 15.79%
2017 22 13.64%
2018 33 33.33%
2019 29 -13.79%
2020 20 -45%
2021 20 0%
2022 21 4.76%
2023 27 22.22%
2024 20 -35%
2025 0 0%

Harmonic Drive Systems Inc. Profile

About Harmonic Drive Systems Inc.

Harmonic Drive Systems Inc. produces and sells precision control equipment and components worldwide. It offers speed reducers, rotary actuators, linear actuators, AC servo motors, and other mechatronics products, as well as HarmonicDrive, a speed reducer for space. The company also provides high-precision planetary-gear speed reducers under the AccuDrive and Harmonic Planetary brands; galvano mirror type optical scanners under the BEAM SERVO brand; and incremental encoders under the Harmonicsyn name. Its products are used in industrial robots, semiconductor manufacturing equipment, and other systems. Harmonic Drive Systems Inc. was founded in 1970 and is headquartered in Tokyo, Japan.

CEO
Mr. Akira Maruyama
Employee
1.349
Address
Ichigo Omori Building
Tokyo, 140-0013

Harmonic Drive Systems Inc. Executives & BODs

Harmonic Drive Systems Inc. Executives & BODs
# Name Age
1 Mr. Naomi Shirasawa
Executive Officer In Charge of Marketing and Sales, GM of Domestic Sales & Director
70
2 Mr. Yoshihiro Tanioka
Executive Officer, GM of Development & Technology Division and Director
70
3 Mr. Akira Nagai
Chairperson, MD, Chief Operating Officer, Executive Officer & Group Management
70
4 Tetsuo Ikuta
Executive Officer & GM of Public Relations Office
70
5 Mr. Kazutoshi Kamijoh
Senior Managing Executive Officer, GM of Management Accounting, Finance & Tax Division and Director
70
6 Yoshihide Kiyosawa
Executive Fellow Officer, Chief Technology Officer, GM of Quality Assurance Headquarters & Chief Quality Officer
70
7 Makiko Ono
Executive Officer & Head of Sustainability, Corporate Planning, and Investor Relations
70
8 Osamu Asakura
Executive Officer, Chief of Human Resources & General Affairs and Chief Environmental Officer
70
9 Minoru Asano
Managing Executive Officer & GM of Supply Chain Division
70
10 Mr. Akira Maruyama
President, Chief Executive Officer Senior Mgng Executive Off., GM of Corporation Planning Div. & ICT Promotion Office and Direct
70

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