HNORY — Stock Film
STOCK FILMSCENE 1/11HNORY · $15.62
Stock Expert AI presents
HNORY
Harvey Norman Holdings Limited
~4 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Harvey Norman Holdings Limited. What it actually does.

Franchises retail complexes under the Harvey Norman, Domayne, and Joyce Mayne brands in Australia. Now — the numbers.

on the stock market since 2015
6,500 employees
$3.9B market value
Revenue last year:
$3B
The net profit left over:
$370.8M
Out of every $100 in sales, $12 stays as net profit.
THE SLICE THAT TURNS INTO PROFIT: 12%

This is an established company with proven profits.

THE SALES TREND
Sales are moving sideways.

No real growth.

$3B
2022
2023
2024
2025
$3B
2026
Cash on hand:
$214.2M
Total debt:
$1.9B
The debt outweighs the cash.

The gap is $1.6B. In times of high interest rates, a gap like that can squeeze a company.

THE PRICE TAG
MARKET VALUE / ANNUAL PROFIT
10.5×

The market pays 10.5× for every dollar of annual profit — cheap, which is either an opportunity or a warning.

No analyst target is on record for this company.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 4 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
Fat profit per sale, but shrinking8/10
WEAK SPOTS
Thin trading in the shares2/10
The stock has lost its spark2/10
Growth has stalled4/10
WORTH WATCHING

Trading Liquidity: The shares change hands too rarely for smooth trading.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 27% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/1
Pays a steady dividend

It pays out $0.99 per share each year — regular cash for whoever holds the stock.

1
THE RISKS · 1/3
Growth has stalled

Over the last 4 years, sales grew only 0% a year on average. At this size, speeding back up is not easy.

2
THE RISKS · 2/3
Thin trading in the shares

Getting in and out without moving the price could prove difficult. Council score: 2/10.

3
THE RISKS · 3/3
The stock has lost its spark

Since the drop from its peak, buyer appetite hasn’t come back. Council score: 2/10.

FINALE · THE GRADE
grade pending

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
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Not covered, because the filings we hold do not carry it: earnings execution, the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 12, 2026 · stockexpertai.com · Stock Film