Harmonic Drive Systems Inc.

Factors to consider:

• Company pays dividends (annually): last record date 2025-09-30, amount 0.07$ (Y0.24%)
• Price in estimated range
• Earnings for 9 months up through Q3 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2025-03-31 to 2027-03-31

• 2025-03-31 to 2026-03-31 estimated range: [17.19$, 33.46$]
• 2026-03-31 to 2027-03-31 estimated range: [16.37$, 32.05$]

Financial Metrics affecting the HSYDF estimates:

• Positive: with PPE of 97.2 at the end of fiscal year the price was neutral
• Positive: -4.66 < Operating profit margin, % of 0.01
• Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 2.97
• Positive: Inventory ratio change, % of 0.10 <= 0.79
• Negative: Industry operating cash flow per share per price (median), % of 4.21 <= 5.50
• Negative: Industry inventory ratio change (median), % of 0.43 > 0.30
• Negative: Industry earnings per price (median), % of 2.89 <= 4.52
• Negative: Industry operating profit margin (median), % of 7.07 <= 9.70
• Negative: 0.01 < Interest expense per share per price, % of 0.06