Last A$2.73 AUD
Change Today 0.00 / 0.00%
Volume 421.6K
HVN On Other Exchanges
Symbol
Exchange
OTC US
Stuttgart
As of 12:53 AM 05/20/13 All times are local (Market data is delayed by at least 15 minutes).

harvey norman holdings ltd (HVN) Snapshot

Open
A$2.76
Previous Close
A$2.73
Day High
A$2.77
Day Low
A$2.71
52 Week High
05/1/13 - A$3.02
52 Week Low
12/6/12 - A$1.74
Market Cap
2.9B
Average Volume 10 Days
2.8M
EPS TTM
A$0.12
Shares Outstanding
1.1B
EX-Date
04/8/13
P/E TM
23.1x
Dividend
A$0.12
Dividend Yield
4.46%
Current Stock Chart for HARVEY NORMAN HOLDINGS LTD (HVN)

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harvey norman holdings ltd (HVN) Details

Harvey Norman Holdings Limited grants franchises to independent business operators as business owners, who retail products for home and office use. The franchisees sell products in various categories, including electrical, computers and communications, small appliances, furniture, bedding and manchester, home improvements, lighting, and carpet and flooring. The company’s property portfolio consists of Harvey Norman, Domayne, and Joyce Mayne complexes in Australia; and Harvey Norman and Norman Ross stores in New Zealand, Ireland, Northern Ireland, Singapore, Malaysia, Slovenia, and Croatia. As of June 30, 2012, it had 213 franchised stores in Australia and 76 company-operated stores. In addition, the company engages in property investment and media placement activities, as well as provides consumer finance and other commercial advances. Harvey Norman Holdings Limited was founded in 1982 and is based in Homebush West, Australia.

4,937 Employees
Last Reported Date: 09/28/12
Founded in 1982

harvey norman holdings ltd (HVN) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: A$1.7M
Co-Founder, Executive Chairman and Head of St...
Total Annual Compensation: A$1.0M
Chief Financial Officer, Company Secretary an...
Total Annual Compensation: A$1.1M
Chief Operating Officer and Executive Directo...
Total Annual Compensation: A$1.5M
Executive Director
Total Annual Compensation: A$1.5M
Compensation as of Fiscal Year 2012.

harvey norman holdings ltd (HVN) Key Developments

Harvey Norman Holdings Ltd. Reports Sales Results for the Third Quarter Ended March 31, 2013

Harvey Norman Holdings Ltd. reported sales results for the third quarter ended March 31, 2013. Global Sales of the company totalled $1.28 billion for the period 1 January 2013 to 31 March 2013. When compared to Global Sales for the period 1 January 2012 to 31 March 2012, the increase was 0.6%. Like for like sales for the period 1 January 2013 to 31 March 2013 when compared to the same period ended 31 March 2012, increased by 2.0%.

Harvey Norman Holdings Ltd. Reports Earnings Results for the Half Year Ended December 31, 2012; Recommends Fully Franked Interim Dividend, Payable on May 6, 2013

Harvey Norman Holdings Ltd. reported earnings results for the half year ended December 31, 2012. For the period, the company reported profit before tax of $99.55 million (after tax $81.92 million), compared to $163.47 million (after tax $128.95 million) a year ago, down 39.1% (after tax down 36.5%). This result is inclusive of a net property revaluation decrement of $31.48 million after tax compared to a net property revaluation increment in the previous period of $8.07 million after tax. If the effects of the net property revaluation adjustments were excluded from the result, net profit after tax would have been $113.40 million compared to $120.88 million for the prior period, down 6.2%. Global sales for the six months ended December 31, 2012 decreased 7.3%. Like for like sales for the same period decreased 5.3%. Sales revenue was $676.94 million compared to $806.88 million a year ago. Return on total assets was 1.92% compared to 3.05% a year ago. Net debt as on December 31, 2012 was $634.60 million compared to $676.93 million a year ago. Operating cash flows was $133.89 million compared to $19.88 million a year ago. EBIT (excluding property revaluations) was $168.00 million compared to $177.05 million a year ago. The Board recommended payment of a fully franked interim dividend of 4.5 cents per share on May 6, 2013 to shareholders registered on April 12, 2013.

Harvey Norman Holdings Ltd. Reports Sales Results for the Quarter Ended September 30, 2012; Reports Unaudited Consolidated Preliminary Earnings Results for the Quarter Ended September 30, 2012

Harvey Norman Holdings Ltd. reported sales results for the quarter ended September 30, 2012. The directors of the company announced that sales from the franchised 'Harvey Norman' complexes, commercial divisions and other sales outlets in Australia, New Zealand, Slovenia, Croatia, Ireland and Northern Ireland (excluding Singapore) ('Global Sales') totalled $1.33 billion for the quarter ended September 30, 2012. When compared to Global Sales for the period ended September 30, 2011, the decrease was 10.0%. Like for like Global sales for the quarter ended September 30, 2012 when compared to the same period ended September 30, 2011, decreased by 7.8%. Global sales have been negatively affected by a 10.6% deterioration in the Euro, a 0.9% deterioration in the UK Pound, and positively affected by a 0.05% appreciation in the New Zealand dollar, for the quarter ended September 30, 2012 compared to the same period in 2011. The company reported unaudited consolidated preliminary earnings results for the quarter ended September 30, 2012. Unaudited preliminary accounts for the period July 1, 2012 to September 30, 2012 indicate profit before tax and minority interests for the consolidated entity of $50.1 million compared to $62.8 million for the prior corresponding period, a reduction of 20.3%.

 

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Industry Analysis

HVN

Industry Average

Valuation HVN Industry Range
Price/Earnings 21.8x
Price/Sales 2.1x
Price/Book 1.2x
Price/Cash Flow 21.8x
TEV/Sales 1.3x
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