HOG - Harley-Davidson: A Gradual Decline
- To date, along with Indian Motorcycle, it is one of two American motorcycle manufacturers to have survived virtually every recession since 1903, but something is changing.
- Revenues in 2021 are virtually the same as in 2005, so there is no growth.
- The purchase of a Harley-Davidson/LiveWire is often made through financing, and such financing will be less convenient if the interest to be paid increases.
- According to my assumptions Harley-Davidson's fair value is $28.71, so the company is slightly overvalued.
For further details see:
Harley-Davidson: A Gradual Decline