WallStSmart

Harmonic Inc (HLIT)vsNokia Corp ADR (NOK)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Nokia Corp ADR generates 4494% more annual revenue ($20.39B vs $443.88M). NOK leads profitability with a 3.5% profit margin vs -10.6%. NOK appears more attractively valued with a PEG of 0.90. HLIT earns a higher WallStSmart Score of 59/100 (C).

HLIT

Buy

59

out of 100

Grade: C

Growth: 7.3Profit: 4.5Value: 3.3Quality: 6.5
Piotroski: 4/9Altman Z: -2.31

NOK

Hold

44

out of 100

Grade: D

Growth: 3.3Profit: 5.0Value: 5.0Quality: 7.0
Piotroski: 4/9Altman Z: 1.65
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HLITSignificantly Overvalued (-56.5%)

Margin of Safety

-56.5%

Fair Value

$7.44

Current Price

$12.00

$4.56 premium

UndervaluedFair: $7.44Overvalued

Intrinsic value data unavailable for NOK.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HLIT2 strengths · Avg: 9.0/10
Revenue GrowthGrowth
53.5%10/10

Revenue surging 53.5% year-over-year

EPS GrowthGrowth
31.9%8/10

Earnings expanding 31.9% YoY

NOK4 strengths · Avg: 8.5/10
Market CapQuality
$62.31B9/10

Large-cap with strong market position

Debt/EquityHealth
0.169/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.908/10

Growing faster than its price suggests

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Areas to Watch

HLIT4 concerns · Avg: 2.8/10
PEG RatioValuation
1.844/10

Expensive relative to growth rate

Market CapQuality
$1.27B3/10

Smaller company, higher risk/reward

P/E RatioValuation
48.5x2/10

Premium valuation, high expectations priced in

Return on EquityProfitability
-11.8%2/10

ROE of -11.8% — below average capital efficiency

NOK4 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.654/10

Distress zone — elevated risk

Return on EquityProfitability
3.3%3/10

ROE of 3.3% — below average capital efficiency

Profit MarginProfitability
3.5%3/10

3.5% margin — thin

P/E RatioValuation
79.5x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : HLIT

The strongest argument for HLIT centers on Revenue Growth, EPS Growth. Revenue growth of 53.5% demonstrates continued momentum.

Bull Case : NOK

The strongest argument for NOK centers on Market Cap, Debt/Equity, PEG Ratio. PEG of 0.90 suggests the stock is reasonably priced for its growth.

Bear Case : HLIT

The primary concerns for HLIT are PEG Ratio, Market Cap, P/E Ratio. A P/E of 48.5x leaves little room for execution misses.

Bear Case : NOK

The primary concerns for NOK are Altman Z-Score, Return on Equity, Profit Margin. A P/E of 79.5x leaves little room for execution misses. Thin 3.5% margins leave little buffer for downturns.

Key Dynamics to Monitor

HLIT profiles as a hypergrowth stock while NOK is a value play — different risk/reward profiles.

HLIT carries more volatility with a beta of 1.32 — expect wider price swings.

HLIT is growing revenue faster at 53.5% — sustainability is the question.

HLIT generates stronger free cash flow (-7M), providing more financial flexibility.

Bottom Line

HLIT scores higher overall (59/100 vs 44/100) and 53.5% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Harmonic Inc

TECHNOLOGY · COMMUNICATION EQUIPMENT · USA

Harmonic Inc. provides global video delivery software, products, system solutions and services. The company is headquartered in San Jose, California.

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Nokia Corp ADR

TECHNOLOGY · COMMUNICATION EQUIPMENT · USA

Nokia Corporation offers fixed and mobile network solutions globally. The company is headquartered in Espoo, Finland.

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