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Here Group Limited (HERE) 10-Year Financial Performance & Capital Metrics

HERE • • Industrial / General
  • Revenue $3.8B +23.2%
  • EBITDA $382M +448.0%
  • Net Income $386M +455.2%
  • EPS (Diluted) 6.81 +280.2%
  • Gross Margin 85.5% -2.1%
  • EBITDA Margin 10.08% +382.5%
  • Operating Margin 9.94% +369.7%
  • Net Margin 10.16% +388.4%
  • ROE 103.87% +316.1%
  • ROIC -
  • Debt/Equity 0.13 -69.2%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 27.9%
  • ✓Trading at only 0.6x book value
  • ✓Efficient asset utilization: 2.7x turnover

✗Weaknesses

  • ✗Shares diluted 63.6% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y29.2%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg-22.07%
5Y Avg-22.07%
3Y Avg-22.07%
Latest90.37%

Profit & Loss

Jun 2021Jun 2022Jun 2023Jun 2024
Sales/Revenue+1.76B2.87B3.08B3.8B
Revenue Growth %-0.63%0.07%0.23%
Cost of Goods Sold+178.93M408.76M391.5M550.31M
COGS % of Revenue0.1%0.14%0.13%0.14%
Gross Profit+1.58B2.46B2.69B3.25B
Gross Margin %0.9%0.86%0.87%0.86%
Gross Profit Growth %-0.56%0.09%0.21%
Operating Expenses+1.91B2.69B2.8B2.87B
OpEx % of Revenue1.09%0.94%0.91%0.76%
Selling, General & Admin1.8B2.42B2.58B2.71B
SG&A % of Revenue1.02%0.84%0.84%0.71%
Research & Development116.27M273.48M219.78M144.87M
R&D % of Revenue0.07%0.1%0.07%0.04%
Other Operating Expenses00010.04M
Operating Income+-330.53M-235.38M-113.61M377.37M
Operating Margin %-0.19%-0.08%-0.04%0.1%
Operating Income Growth %-0.29%0.52%4.32%
EBITDA+-323.11M-224.78M-109.89M382.38M
EBITDA Margin %-0.18%-0.08%-0.04%0.1%
EBITDA Growth %-0.3%0.51%4.48%
D&A (Non-Cash Add-back)7.42M10.6M3.71M5.01M
EBIT-327.52M-235.31M-113.19M390.92M
Net Interest Income+441K387K5.33M10.52M
Interest Income441K387K5.33M10.52M
Interest Expense0000
Other Income/Expense15.53M20.3M26.64M39.48M
Pretax Income+-315M-215.08M-86.97M416.86M
Pretax Margin %-0.18%-0.07%-0.03%0.11%
Income Tax+1.04M18.35M21.68M31.33M
Effective Tax Rate %1%1.09%1.25%0.92%
Net Income+-316.04M-233.43M-108.54M385.53M
Net Margin %-0.18%-0.08%-0.04%0.1%
Net Income Growth %-0.26%0.54%4.55%
Net Income (Continuing)-316.04M-233.43M-108.65M385.53M
Discontinued Operations0000
Minority Interest002.13M0
EPS (Diluted)+-9.64-4.70-3.786.81
EPS Growth %-0.51%0.2%2.8%
EPS (Basic)-9.64-4.70-3.787.02
Diluted Shares Outstanding55.08M55.08M34.65M56.68M
Basic Shares Outstanding55.08M55.08M34.65M55M
Dividend Payout Ratio----

Balance Sheet

Jun 2021Jun 2022Jun 2023Jun 2024
Total Current Assets+274.89M563.95M1.11B1.33B
Cash & Short-Term Investments54.73M399.06M930.58M1.03B
Cash Only25.1M266.43M764.28M779.93M
Short-Term Investments29.63M132.63M166.3M246.19M
Accounts Receivable115.05M58.79M63.9M185.74M
Days Sales Outstanding23.867.487.5717.86
Inventory0006.34M
Days Inventory Outstanding---4.21
Other Current Assets29K19K5.63M4.42M
Total Non-Current Assets+55.34M39.52M114.8M96.67M
Property, Plant & Equipment14.09M29.09M91.42M65.46M
Fixed Asset Turnover124.88x98.60x33.71x57.98x
Goodwill0000
Intangible Assets33.33M000
Long-Term Investments0009.01M
Other Non-Current Assets7.91M10.43M21.3M21.36M
Total Assets+330.23M603.47M1.22B1.43B
Asset Turnover5.33x4.75x2.52x2.66x
Asset Growth %-0.83%1.03%0.17%
Total Current Liabilities+573.26M713.22M944.75M869.56M
Accounts Payable74.46M45.18M62.09M62.07M
Days Payables Outstanding151.940.3457.8941.17
Short-Term Debt0000
Deferred Revenue (Current)1000K1000K1000K1000K
Other Current Liabilities160K946K922K20.77M
Current Ratio0.48x0.79x1.17x1.53x
Quick Ratio0.48x0.79x1.17x1.52x
Cash Conversion Cycle----19.1
Total Non-Current Liabilities+36.47M679.6M52.85M39.98M
Long-Term Debt0000
Capital Lease Obligations1.94M6.57M52.84M16.99M
Deferred Tax Liabilities8.17M0011.63M
Other Non-Current Liabilities0664.16M00
Total Liabilities609.73M1.39B997.6M909.53M
Total Debt+9.07M22.9M93.93M66.09M
Net Debt-16.03M-243.53M-670.35M-713.84M
Debt / Equity--0.42x0.13x
Debt / EBITDA---0.17x
Net Debt / EBITDA----1.87x
Interest Coverage----
Total Equity+-279.51M-789.35M225.83M516.48M
Equity Growth %--1.82%1.29%1.29%
Book Value per Share-5.07-14.336.529.11
Total Shareholders' Equity-279.51M-789.35M223.7M516.48M
Common Stock032K112K115K
Retained Earnings0-861.15M-969.69M-584.16M
Treasury Stock000-109.26M
Accumulated OCI01.84M22.18M17.31M
Minority Interest002.13M0

Cash Flow

Jun 2021Jun 2022Jun 2023Jun 2024
Cash from Operations+79.42M272.64M235.62M282.72M
Operating CF Margin %0.05%0.1%0.08%0.07%
Operating CF Growth %-2.43%-0.14%0.2%
Net Income-316.04M-233.43M-108.65M385.53M
Depreciation & Amortization7.42M10.6M3.71M5.01M
Stock-Based Compensation101.83M291.43M191.63M27.76M
Deferred Taxes0-1.45M-2.08M12.86M
Other Non-Cash Items-1.96M-5.01M-9.28M-8.45M
Working Capital Changes288.17M210.49M160.29M-139.99M
Change in Receivables-98.89M32.15M-16.38M20.25M
Change in Inventory000-6.34M
Change in Payables62.14M2.63M16.92M-28K
Cash from Investing+-62.35M-108.58M201K-132.78M
Capital Expenditures-5.82M-4.56M-5.76M-3.64M
CapEx % of Revenue0%0%0%0%
Acquisitions----
Investments----
Other Investing-27.53M-15.15M22.39M4K
Cash from Financing+-21.09M71.63M247.7M-130.19M
Debt Issued (Net)----
Equity Issued (Net)----
Dividends Paid0000
Share Repurchases----
Other Financing-37.04M94.98M2.25M217K
Net Change in Cash----
Free Cash Flow+43.8M268.08M229.87M279.08M
FCF Margin %0.02%0.09%0.07%0.07%
FCF Growth %-5.12%-0.14%0.21%
FCF per Share0.804.876.634.92
FCF Conversion (FCF/Net Income)-0.25x-1.17x-2.17x0.73x
Interest Paid0000
Taxes Paid014.76M22.27M6.86M

Key Ratios

Metric2020202120222023
Return on Equity (ROE)---48.06%103.87%
Gross Margin89.83%85.75%87.29%85.5%
Net Margin-17.96%-8.14%-3.52%10.16%
Debt / Equity--0.42x0.13x
FCF Conversion-0.25x-1.17x-2.17x0.73x
Revenue Growth-62.96%7.44%23.17%

Frequently Asked Questions

Valuation & Price

Here Group Limited (HERE) has a price-to-earnings (P/E) ratio of 0.7x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Here Group Limited (HERE) reported $3.80B in revenue for fiscal year 2023. This represents a 116% increase from $1.76B in 2020.

Here Group Limited (HERE) grew revenue by 23.2% over the past year. This is strong growth.

Yes, Here Group Limited (HERE) is profitable, generating $385.5M in net income for fiscal year 2023 (10.2% net margin).

Dividend & Returns

Here Group Limited (HERE) has a return on equity (ROE) of 103.9%. This is excellent, indicating efficient use of shareholder capital.

Here Group Limited (HERE) generated $279.1M in free cash flow for fiscal year 2023. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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