Harrys Manufacturing (HARY) AI Stock Analysis

• Market Cap: $2.10M
• Dividend Yield: N/A
• Average Volume (3M): 40.47K
• Price to Earnings (P/E): ―
• Beta (1Y): -2.97
• Revenue Growth: 4.39%
• EPS Growth: -23.40%
• Country: CA
• Employees: N/A
• Sector: Industrials
• Sector Strength: 89
• Industry: Tobacco
• EPS (TTM): >-0.01
• Shares Outstanding: 105,172,130
• 10 Day Avg. Volume: 89,708
• 30 Day Avg. Volume: 40,469
• PEG Ratio: 0.82
• Price to Book (P/B): -3.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -39.17
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 36 Underperform
• Price Target: ―

Harrys Manufacturing's overall stock score is weighed down primarily by its poor financial performance and technical analysis indicators, reflecting deep-seated financial challenges and bearish market trends. However, recent strategic corporate events show potential for future growth and risk diversification, slightly offsetting the negative outlook.

Harrys Manufacturing Business Overview & Revenue Model

Company Description

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How the Company Makes Money

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Harrys Manufacturing Financial Statement Overview

Summary

Harrys Manufacturing faces significant financial challenges, with negative profitability, unstable balance sheet metrics, and weak cash flows. The company struggles with unprofitability and high liabilities, necessitating substantial improvements in operational efficiency and financial management.

Income Statement

The company's income statement reveals significant weaknesses, including negative gross profit margins, EBIT, and EBITDA margins. Additionally, net income remains deeply negative over the periods, indicating persistent unprofitability. Although there is some revenue growth, the company struggles to convert this to profit.

Balance Sheet

Harrys Manufacturing's balance sheet highlights severe financial instability, with a negative stockholders' equity and a high level of liabilities surpassing assets. The company's debt-to-equity ratio is concerning, and return on equity is negative, reflecting unsustainable financial leverage.

Cash Flow

The cash flow statement shows negative operating cash flow and free cash flow, indicating challenges in generating cash from core operations. Financing cash flow is positive, suggesting reliance on external funding. The free cash flow to net income ratio is unfavorable, underscoring cash generation issues.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	48.12K	23.50K	0.00	0.00	0.00
Gross Profit	-6.85K	-3.08K	-23.81K	-41.19K	-249.00K
EBITDA	-514.00K	-647.73K	-1.03M	-1.09M	-790.00K
Net Income	-516.00K	-650.14K	-1.38M	-1.27M	-1.88M
Balance Sheet
Total Assets	74.44K	94.28K	289.13K	1.05M	655.73K
Cash, Cash Equivalents and Short-Term Investments	10.84K	16.87K	9.24K	363.80K	239.12K
Total Debt	0.00	0.00	104.21K	613.60K	272.64K
Total Liabilities	541.61K	337.06K	396.65K	705.26K	357.65K
Stockholders Equity	-467.17K	-242.78K	-107.53K	340.31K	298.07K
Cash Flow
Free Cash Flow	-163.20K	-264.37K	-443.62K	-886.77K	-739.06K
Operating Cash Flow	-163.20K	-264.37K	-443.62K	-883.68K	-618.44K
Investing Cash Flow	0.00	200.00K	-200.00K	-203.09K	-120.62K
Financing Cash Flow	157.17K	72.00K	289.07K	1.21M	451.50K

Harrys Manufacturing Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HARY, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 45.43 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:HARY.

Harrys Manufacturing Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	58 Neutral	HK$14.28B	4.63	-3.01%	7.26%	3.67%	-54.16%
ACB	51 Neutral	C$349.85M	106.69	3.05%	―	26.98%	―
HARY	36 Underperform	$2.10M	―		―	4.39%	-23.40%

Harrys Manufacturing Corporate Events

Harrys Manufacturing to Divest Tobacco Subsidiary in Strategic Shift

Harrys Manufacturing Inc. has announced plans to divest its tobacco subsidiary, Harrys International Manufacturing Inc., as part of its strategy to diversify and enhance stakeholder value. This move is intended to mitigate risks associated with the tobacco industry, such as regulatory pressures and declining social acceptance, while attracting investors interested in environmental, social, and governance (ESG) criteria, reinforcing Harrys’ commitment to new growth opportunities.

Harrys Manufacturing Partners with We Wai Kai Nation for Business Development

Harrys Manufacturing Inc. has signed a Memorandum of Understanding with the We Wai Kai Nation of Vancouver Island and Mainland British Columbia to negotiate a land sublease and explore business development opportunities. This partnership aligns with both parties’ goals of economic development and sustainable growth, potentially enhancing employment opportunities for the We Wai Kai Nation and supporting Harrys’ vision for sustainable operations.