Harvard Bioscience, Inc. Logo

Harvard Bioscience, Inc.

HBIO

(0.5)
Stock Price

2,11 USD

-18.15% ROA

-20.76% ROE

-9.77x PER

Market Cap.

104.666.160,00 USD

54.63% DER

0% Yield

-14.57% NPM

Harvard Bioscience, Inc. Stock Analysis

Harvard Bioscience, 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.

Harvard Bioscience, Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's PBV ratio (2.4x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

2 DER

The stock maintains a fair debt to equity ratio (55%), indicating a reasonable balance between the money it owes and the ownership it possesses.

3 ROE

Negative ROE (-7.39%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (-8.01%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

5 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

6 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

7 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

9 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-778) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Harvard Bioscience, 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.

Harvard Bioscience, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Harvard Bioscience, 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.

Harvard Bioscience, Inc. Revenue
Year Revenue Growth
1998 12.154.000
1999 26.177.814 53.57%
2000 30.574.800 14.38%
2001 40.868.387 25.19%
2002 57.380.382 28.78%
2003 87.140.905 34.15%
2004 92.597.000 5.89%
2005 67.431.000 -37.32%
2006 76.181.000 11.49%
2007 83.407.000 8.66%
2008 88.049.000 5.27%
2009 85.772.000 -2.65%
2010 108.179.000 20.71%
2011 108.864.000 0.63%
2012 111.171.000 2.08%
2013 105.171.000 -5.7%
2014 108.663.000 3.21%
2015 108.664.000 0%
2016 104.521.000 -3.96%
2017 101.882.000 -2.59%
2018 120.774.000 15.64%
2019 116.176.000 -3.96%
2020 102.100.000 -13.79%
2021 118.904.000 14.13%
2022 113.335.000 -4.91%
2023 101.452.000 -11.71%
2023 112.250.000 9.62%
2024 92.388.000 -21.5%

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.

Harvard Bioscience, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1998 325.000
1999 1.187.584 72.63%
2000 1.532.896 22.53%
2001 3.178.591 51.77%
2002 4.145.997 23.33%
2003 6.262.805 33.8%
2004 7.193.000 12.93%
2005 2.950.000 -143.83%
2006 3.154.000 6.47%
2007 3.708.000 14.94%
2008 4.048.000 8.4%
2009 4.396.000 7.92%
2010 4.709.000 6.65%
2011 5.434.000 13.34%
2012 7.321.000 25.78%
2013 4.154.000 -76.24%
2014 4.880.000 14.88%
2015 6.420.000 23.99%
2016 5.392.000 -19.07%
2017 5.645.000 4.48%
2018 10.988.000 48.63%
2019 10.715.000 -2.55%
2020 8.685.000 -23.37%
2021 10.799.000 19.58%
2022 12.329.000 12.41%
2023 11.040.000 -11.68%
2023 11.764.000 6.15%
2024 10.504.000 -12%

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.

Harvard Bioscience, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1998 0
1999 0 0%
2000 0 0%
2001 14.519.849 100%
2002 18.891.667 23.14%
2003 26.780.001 29.46%
2004 31.055.000 13.77%
2005 20.737.000 -49.76%
2006 24.546.000 15.52%
2007 25.181.000 2.52%
2008 26.104.000 3.54%
2009 15.109.000 -72.77%
2010 17.643.000 14.36%
2011 18.063.000 2.33%
2012 19.700.000 8.31%
2013 19.935.000 1.18%
2014 16.826.000 -18.48%
2015 19.832.000 15.16%
2016 20.950.000 5.34%
2017 18.575.000 -12.79%
2018 21.382.000 13.13%
2019 22.760.000 6.05%
2020 23.509.000 3.19%
2021 24.305.000 3.28%
2022 24.493.000 0.77%
2023 23.228.000 -5.45%
2023 22.780.000 -1.97%
2024 22.744.000 -0.16%

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.

Harvard Bioscience, Inc. EBITDA
Year EBITDA Growth
1998 2.439.000
1999 32.149.783 92.41%
2000 28.591.907 -12.44%
2001 9.314.047 -206.98%
2002 8.955.085 -4.01%
2003 13.222.952 32.28%
2004 10.545.000 -25.4%
2005 13.061.000 19.26%
2006 12.108.000 -7.87%
2007 12.924.000 6.31%
2008 15.505.000 16.65%
2009 10.444.000 -48.46%
2010 13.145.000 20.55%
2011 9.355.000 -40.51%
2012 7.441.000 -25.72%
2013 7.668.000 2.96%
2014 8.352.000 8.19%
2015 643.000 -1198.91%
2016 1.411.000 54.43%
2017 1.601.000 11.87%
2018 2.088.000 23.32%
2019 7.218.000 71.07%
2020 5.125.000 -40.84%
2021 7.240.000 29.21%
2022 -1.044.000 793.49%
2023 1.892.000 155.18%
2023 9.283.000 79.62%
2024 -248.000 3843.15%

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.

Harvard Bioscience, Inc. Gross Profit
Year Gross Profit Growth
1998 6.803.000
1999 13.456.131 49.44%
2000 15.474.856 13.05%
2001 20.228.700 23.5%
2002 28.556.617 29.16%
2003 43.410.082 34.22%
2004 46.074.000 5.78%
2005 33.275.000 -38.46%
2006 38.087.000 12.63%
2007 40.246.000 5.36%
2008 42.156.000 4.53%
2009 41.683.000 -1.13%
2010 51.777.000 19.5%
2011 50.260.000 -3.02%
2012 52.418.000 4.12%
2013 47.696.000 -9.9%
2014 49.344.000 3.34%
2015 48.723.000 -1.27%
2016 48.415.000 -0.64%
2017 47.597.000 -1.72%
2018 63.181.000 24.67%
2019 64.322.000 1.77%
2020 58.041.000 -10.82%
2021 67.652.000 14.21%
2022 60.819.000 -11.23%
2023 58.908.000 -3.24%
2023 60.866.000 3.22%
2024 47.548.000 -28.01%

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.

Harvard Bioscience, Inc. Net Profit
Year Net Profit Growth
1998 71.000
1999 -29.419.917 100.24%
2000 -49.869.785 41.01%
2001 -5.208.418 -857.48%
2002 737.327 806.39%
2003 4.259.592 82.69%
2004 2.329.000 -82.89%
2005 -31.877.000 107.31%
2006 -2.341.000 -1261.68%
2007 -1.354.000 -72.9%
2008 1.673.000 180.93%
2009 7.233.000 76.87%
2010 19.015.000 61.96%
2011 3.812.000 -398.82%
2012 2.370.000 -60.84%
2013 -1.830.000 229.51%
2014 2.355.000 177.71%
2015 -19.039.000 112.37%
2016 -4.307.000 -342.05%
2017 -865.000 -397.92%
2018 -3.462.000 75.01%
2019 -4.687.000 26.14%
2020 -7.810.000 39.99%
2021 -288.000 -2611.81%
2022 -9.516.000 96.97%
2023 -4.956.000 -92.01%
2023 -3.415.000 -45.12%
2024 -11.708.000 70.83%

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.

Harvard Bioscience, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1998 0
1999 -5 100%
2000 -6 16.67%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 -1 100%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 1 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 -1 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%

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.

Harvard Bioscience, Inc. Free Cashflow
Year Free Cashflow Growth
1998 0
1999 2.593.967 100%
2000 1.516.292 -71.07%
2001 2.256.181 32.79%
2002 -507.266 544.77%
2003 678.649 174.75%
2004 8.427.000 91.95%
2005 4.095.000 -105.79%
2006 5.970.000 31.41%
2007 10.603.000 43.7%
2008 7.894.000 -34.32%
2009 15.133.000 47.84%
2010 11.449.000 -32.18%
2011 4.842.000 -136.45%
2012 6.231.000 22.29%
2013 2.381.000 -161.7%
2014 2.346.000 -1.49%
2015 -2.273.000 203.21%
2016 3.904.000 158.22%
2017 167.000 -2237.72%
2018 1.358.000 87.7%
2019 6.831.000 80.12%
2020 8.179.000 16.48%
2021 -83.000 9954.22%
2022 -438.000 81.05%
2023 11.717.000 103.74%
2023 3.960.000 -195.88%
2024 -1.812.000 318.54%

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.

Harvard Bioscience, Inc. Operating Cashflow
Year Operating Cashflow Growth
1998 0
1999 2.926.441 100%
2000 2.145.810 -36.38%
2001 4.095.032 47.6%
2002 799.464 -412.22%
2003 2.027.814 60.58%
2004 11.438.000 82.27%
2005 5.195.000 -120.17%
2006 8.356.000 37.83%
2007 12.055.000 30.68%
2008 9.202.000 -31%
2009 16.509.000 44.26%
2010 12.293.000 -34.3%
2011 6.348.000 -93.65%
2012 8.062.000 21.26%
2013 4.060.000 -98.57%
2014 4.351.000 6.69%
2015 705.000 -517.16%
2016 5.383.000 86.9%
2017 1.057.000 -409.27%
2018 2.344.000 54.91%
2019 8.047.000 70.87%
2020 9.331.000 13.76%
2021 1.262.000 -639.38%
2022 1.152.000 -9.55%
2023 14.028.000 91.79%
2023 4.361.000 -221.67%
2024 -846.000 615.48%

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.

Harvard Bioscience, Inc. Capital Expenditure
Year Capital Expenditure Growth
1998 0
1999 332.474 100%
2000 629.518 47.19%
2001 1.838.851 65.77%
2002 1.306.730 -40.72%
2003 1.349.165 3.15%
2004 3.011.000 55.19%
2005 1.100.000 -173.73%
2006 2.386.000 53.9%
2007 1.452.000 -64.33%
2008 1.308.000 -11.01%
2009 1.376.000 4.94%
2010 844.000 -63.03%
2011 1.506.000 43.96%
2012 1.831.000 17.75%
2013 1.679.000 -9.05%
2014 2.005.000 16.26%
2015 2.978.000 32.67%
2016 1.479.000 -101.35%
2017 890.000 -66.18%
2018 986.000 9.74%
2019 1.216.000 18.91%
2020 1.152.000 -5.56%
2021 1.345.000 14.35%
2022 1.590.000 15.41%
2023 2.311.000 31.2%
2023 401.000 -476.31%
2024 966.000 58.49%

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.

Harvard Bioscience, Inc. Equity
Year Equity Growth
1998 678.000
1999 7.983.773 91.51%
2000 52.334.923 84.74%
2001 66.811.869 21.67%
2002 88.381.227 24.4%
2003 98.878.545 10.62%
2004 104.357.000 5.25%
2005 68.416.000 -52.53%
2006 71.883.000 4.82%
2007 74.137.000 3.04%
2008 66.718.000 -11.12%
2009 75.257.000 11.35%
2010 90.248.000 16.61%
2011 95.499.000 5.5%
2012 104.213.000 8.36%
2013 94.485.000 -10.3%
2014 95.468.000 1.03%
2015 77.598.000 -23.03%
2016 72.196.000 -7.48%
2017 80.900.000 10.76%
2018 82.184.000 1.56%
2019 81.694.000 -0.6%
2020 76.681.000 -6.54%
2021 83.401.000 8.06%
2022 72.220.000 -15.48%
2023 73.074.000 1.17%
2023 74.286.000 1.63%
2024 67.247.000 -10.47%

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.

Harvard Bioscience, Inc. Assets
Year Assets Growth
1998 7.220.000
1999 20.609.870 64.97%
2000 58.808.524 64.95%
2001 82.361.771 28.6%
2002 107.583.501 23.44%
2003 128.429.398 16.23%
2004 139.881.000 8.19%
2005 92.035.000 -51.99%
2006 93.228.000 1.28%
2007 98.853.000 5.69%
2008 81.271.000 -21.63%
2009 107.231.000 24.21%
2010 124.797.000 14.08%
2011 126.634.000 1.45%
2012 133.484.000 5.13%
2013 135.460.000 1.46%
2014 135.916.000 0.34%
2015 120.217.000 -13.06%
2016 107.765.000 -11.55%
2017 109.354.000 1.45%
2018 168.073.000 34.94%
2019 164.870.000 -1.94%
2020 156.254.000 -5.51%
2021 162.344.000 3.75%
2022 145.360.000 -11.68%
2023 137.366.000 -5.82%
2023 139.735.000 1.7%
2024 128.912.000 -8.4%

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.

Harvard Bioscience, Inc. Liabilities
Year Liabilities Growth
1998 6.542.000
1999 12.626.097 48.19%
2000 6.473.601 -95.04%
2001 15.549.902 58.37%
2002 19.202.274 19.02%
2003 29.550.853 35.02%
2004 35.524.000 16.81%
2005 23.619.000 -50.4%
2006 21.345.000 -10.65%
2007 24.716.000 13.64%
2008 14.553.000 -69.83%
2009 31.974.000 54.48%
2010 34.549.000 7.45%
2011 31.135.000 -10.97%
2012 29.271.000 -6.37%
2013 40.975.000 28.56%
2014 40.448.000 -1.3%
2015 42.619.000 5.09%
2016 35.569.000 -19.82%
2017 28.454.000 -25.01%
2018 85.889.000 66.87%
2019 83.176.000 -3.26%
2020 79.573.000 -4.53%
2021 78.943.000 -0.8%
2022 73.140.000 -7.93%
2023 64.292.000 -13.76%
2023 65.449.000 1.77%
2024 61.665.000 -6.14%

Harvard Bioscience, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.33
Net Income per Share
-0.25
Price to Earning Ratio
-9.77x
Price To Sales Ratio
1.04x
POCF Ratio
11.32
PFCF Ratio
17.23
Price to Book Ratio
1.55
EV to Sales
1.4
EV Over EBITDA
49.16
EV to Operating CashFlow
15.41
EV to FreeCashFlow
23.39
Earnings Yield
-0.1
FreeCashFlow Yield
0.06
Market Cap
0,10 Bil.
Enterprise Value
0,14 Bil.
Graham Number
2.92
Graham NetNet
-0.82

Income Statement Metrics

Net Income per Share
-0.25
Income Quality
-0.86
ROE
-0.15
Return On Assets
-0.11
Return On Capital Employed
-0.04
Net Income per EBT
1.07
EBT Per Ebit
2.83
Ebit per Revenue
-0.05
Effective Tax Rate
-0.07

Margins

Sales, General, & Administrative to Revenue
0.22
Research & Developement to Revenue
0.11
Stock Based Compensation to Revenue
0.05
Gross Profit Margin
0.54
Operating Profit Margin
-0.05
Pretax Profit Margin
-0.14
Net Profit Margin
-0.15

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
-0.05
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.21
Free CashFlow per Share
0.14
Capex to Operating CashFlow
0.34
Capex to Revenue
0.03
Capex to Depreciation
0.45
Return on Invested Capital
-0.04
Return on Tangible Assets
-0.18
Days Sales Outstanding
45.07
Days Payables Outstanding
45.18
Days of Inventory on Hand
198.82
Receivables Turnover
8.1
Payables Turnover
8.08
Inventory Turnover
1.84
Capex per Share
0.07

Balance Sheet

Cash per Share
0,09
Book Value per Share
1,55
Tangible Book Value per Share
-0.06
Shareholders Equity per Share
1.55
Interest Debt per Share
0.92
Debt to Equity
0.55
Debt to Assets
0.28
Net Debt to EBITDA
12.94
Current Ratio
2.05
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
-0,02 Bil.
Invested Capital
103055000
Working Capital
0,02 Bil.
Intangibles to Total Assets
0.54
Average Receivables
0,01 Bil.
Average Payables
0,01 Bil.
Average Inventory
24633000
Debt to Market Cap
0.35

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.

Harvard Bioscience, Inc. Dividends
Year Dividends Growth

Harvard Bioscience, Inc. Profile

About Harvard Bioscience, Inc.

Harvard Bioscience, Inc. develops, manufactures, and sells technologies, products, and services that enables fundamental research, discovery, and pre-clinical testing for drug development in the United States and internationally. The company offers cellular and molecular technology instruments, such as syringe and peristaltic pump products, as well as a range of instruments and accessories for tissue and organ-based lab research, including surgical products, infusion systems, and behavior research systems; and spectrophotometers, microplate readers, amino acid analyzers, gel electrophoresis equipment, and electroporation and electrofusion instruments. It also engages in the development and manufacture of precision scientific measuring instrumentation and equipment, which cover data acquisition systems with custom amplifier configurations for cellular analysis, micro electrode array solutions for in vivo recordings, and vitro-systems for extracellular recordings; and offers preclinical products. The company markets its products through sales organizations, websites, catalogs, and distributors to research scientists in pharmaceutical and biotechnology companies, universities, hospitals, and government laboratories, as well as to contract research organizations, academic labs, and government researchers. It primarily sells its products under Harvard Apparatus, DSI, Ponemah, Buxco, Biochrom, BTX, and MCS brand names. The company was founded in 1901 and is headquartered in Holliston, Massachusetts.

CEO
Mr. James W. Green
Employee
391
Address
84 October Hill Road
Holliston, 01746

Harvard Bioscience, Inc. Executives & BODs

Harvard Bioscience, Inc. Executives & BODs
# Name Age
1 David Sirois
Director of Corporate Accounting & SEC Reporting
70
2 Mr. John J. Fry J.D.
Chief Legal Counsel & Corporation Secretary
70
3 Kathryn Flynn
Corporate Controller
70
4 Ms. Jennifer Cote CPA, CGMA
Chief Financial Officer & Treasurer
70
5 Mr. James W. Green
President, Chief Executive Officer & Chairman
70
6 Mr. Ryan Wallace
Senior Vice President of Global Sales
70
7 Ms. Lori Packer
Vice President of Global People Operations
70

Harvard Bioscience, Inc. Competitors