1. Industrials

  2. •

    Manufacturing - Tools & Accessories
Hardinge, Inc.

Hardinge, Inc.

HDNG
Hardinge, Inc.US flagNASDAQ
18.50
USD
+0.01
- -
Hardinge, Inc.
HDNG
(NASDAQ)

Recent

price

18.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
TTM
FRC
19.46
21.28
26.54
33.09
37.24
34.12
30.51
18.82
22.53
29.8
28.94
27.92
24.61
24.68
22.77
- -
25.8
Revenue per Share
0.23
-1.3
0.5
0.8
1.59
1.43
-3.03
-2.93
-0.46
1.05
1.54
0.84
-0.17
0.2
0.1
- -
0.75
Basic EPS, GAAP
2.25
2.37
-1.42
-1.22
-0.21
0.17
0.43
2.87
1.27
-0.62
1.27
2.19
0.25
2.09
0.41
- -
1.73
Free Cash Flow per Basic Share
0.1
0.02
0.03
0.12
0.14
0.21
0.16
0.03
0.02
0.05
0.08
0.08
0.08
0.08
0.08
- -
0.02
Dividend per Share
12.17
10.82
11.25
11.91
13.29
12.35
8.21
5.21
4.71
5.68
7.1
7.72
6.94
7.01
6.99
- -
7.5
Book Value per Share
14.87
13.84
14.62
12.97
14.38
21.1
13.92
13.54
12.64
11.71
11.33
13.7
10.48
9.9
9.56
- -
11.82
Tangible Book Value per Share
9
9
9
9
9
10
11
11
11
11
12
12
13
13
13
- -
13
Basic Weighted Avg Shares
169
185
232
290
327
356
345
214
257
342
334
329
312
315
292
- -
333
Sales/Revenue/Turnover
3.05
3.71
5.38
5.37
7.07
6.42
-8.66
-13.08
-1.07
4.87
6.01
4.16
1.87
2.9
1.5
- -
4.77
Operating Margin (%)
9
9
9
8
10
9
9
9
7
8
7
10
10
9
9
- -
9
Depreciation Expense
2
-11
4
7
14
15
-34
-33
-5
12
18
10
-2
3
1
- -
10
Net Income, GAAP
- -
433.55
34.17
20.03
24.66
30.37
- -
- -
- -
26.73
7.68
25.91
- -
41.19
60.09
- -
26.81
Effective Tax Rate (%)
1.18
-6.09
1.89
2.42
4.27
4.19
-9.94
-15.56
-2.04
3.51
5.34
3.01
-0.69
0.83
0.42
- -
2.91
Profit Margin (%)
104
103
122
126
157
189
152
130
126
127
128
137
134
129
128
145
149
Working Capital
31
18
35
50
68
19
4
3
3
7
6
19
12
6
3
- -
- -
LT Debt
148
143
156
139
157
255
168
165
158
147
161
204
170
161
156
179
186
Total Equity
- -
-12.63
4.42
6.05
7.8
6.09
- -
- -
- -
7.09
10.22
4.82
- -
2.94
1.03
- -
6.6
Return on Invested Capital (%)
- -
-9.24
1.46
2.85
7.63
8.5
- -
- -
- -
16.82
19.76
9.79
- -
2.92
1.47
- -
10.49
Return on Capital (%)
1.9
-11.29
4.56
6.91
12.63
12.16
-30.93
-43.81
-9.26
20.16
24.25
11.47
-2.39
2.94
1.37
- -
10.54
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'17
Dec'17
Mar'18
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
197
225
237

Working Capital

FRC

•

in mil. unless spec.
Sep'17
Dec'17
Mar'18
Total Current Assets
226
229
230
Cash, Cash Equivalents & STI
32
45
39
Accounts Receivable, Net
61
62
62
Inventories
114
105
109
Total Current Liabilities
86
83
81
Payables & Accruals
60
59
57
ST Debt
- -
- -
- -
Deferred Revenue
26
24
25

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.14%
3.22%
14.74%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
68
70
67
87
292
2017
65
78
85
90
- -
2018
80
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
-0.1
0.01
-0.11
0.29
0.1
2017
-0.16
0.2
0.17
0.25
- -
2018
0.14
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
0.02
0.02
0.02
0.02
0.08
2017
0.02
0.02
- -
- -
- -
2018
- -
- -
- -
- -
- -
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Business
Hardinge, Inc., established in 1890, has a long-standing history as a global provider of advanced metal-cutting and manufacturing solutions. The company specialized in designing, manufacturing, and distributing high-precision computer-controlled machine tools, including CNC lathes, milling machines, and grinding equipment, alongside advanced workholding and rotary accessories. Hardinge historically served a broad range of industries, such as aerospace, automotive, medical, energy, and defense, providing comprehensive solutions to independent job shops and various industrial end-users globally. In a significant strategic move, Hardinge, Inc. filed for Chapter 11 bankruptcy protection on July 29, 2024, citing liquidity challenges and regulatory obstacles encountered during the attempted sale of its Chinese operations. Subsequently, on September 19, 2024, the company successfully completed the sale of substantially all of its global machine and workholding businesses to affiliates of Centre Lane Partners. As a direct result of this transaction, the machining operations will now proceed as Kellenberger, while the global workholding accessory businesses will operate under the name Forkardt Hardinge, both now independent entities under Centre Lane's ownership. These newly structured businesses are positioned to maintain their market leadership with strengthened financial foundations, continuing to offer high-quality turning, milling, and grinding solutions.