HAIVISION SYSTEMS INC (HAI.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:HAI - CA40531F1009 - Common Stock
7.18 CAD
+0.05 (+0.7%)
Taking everything into account, HAI scores 6 out of 10 in our fundamental rating. HAI was compared to 13 industry peers in the Communications Equipment industry. While HAI has a great health rating, its profitability is only average at the moment. HAI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year HAI was profitable.
- HAI had a positive operating cash flow in the past year.
- In multiple years HAI reported negative net income over the last 5 years.
- Of the past 5 years HAI 4 years had a positive operating cash flow.
1.2 Ratios
- HAI has a better Return On Assets (0.08%) than 76.92% of its industry peers.
- HAI's Return On Equity of 0.12% is amongst the best of the industry. HAI outperforms 84.62% of its industry peers.
- HAI's Return On Invested Capital of 0.24% is amongst the best of the industry. HAI outperforms 84.62% of its industry peers.
- HAI had an Average Return On Invested Capital over the past 3 years of 1.94%. This is significantly below the industry average of 9.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.08% | ||
| ROE | 0.12% | ||
| ROIC | 0.24% |
ROA(3y)0.84%
ROA(5y)-1.76%
ROE(3y)1.21%
ROE(5y)-2.62%
ROIC(3y)1.94%
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of HAI (0.08%) is better than 76.92% of its industry peers.
- In the last couple of years the Profit Margin of HAI has declined.
- HAI has a better Operating Margin (0.26%) than 84.62% of its industry peers.
- HAI's Operating Margin has declined in the last couple of years.
- With an excellent Gross Margin value of 72.51%, HAI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- HAI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.26% | ||
| PM (TTM) | 0.08% | ||
| GM | 72.51% |
OM growth 3YN/A
OM growth 5Y-47.67%
PM growth 3YN/A
PM growth 5Y-58.76%
GM growth 3Y1.83%
GM growth 5Y-1.12%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HAI is destroying value.
- Compared to 1 year ago, HAI has less shares outstanding
- HAI has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, HAI has an improved debt to assets ratio.
2.2 Solvency
- HAI has an Altman-Z score of 3.64. This indicates that HAI is financially healthy and has little risk of bankruptcy at the moment.
- HAI has a better Altman-Z score (3.64) than 69.23% of its industry peers.
- HAI has a debt to FCF ratio of 1.43. This is a very positive value and a sign of high solvency as it would only need 1.43 years to pay back of all of its debts.
- HAI has a better Debt to FCF ratio (1.43) than 84.62% of its industry peers.
- HAI has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
- HAI has a Debt to Equity ratio of 0.08. This is in the better half of the industry: HAI outperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 3.64 |
ROIC/WACC0.03
WACC8.62%
2.3 Liquidity
- A Current Ratio of 1.64 indicates that HAI should not have too much problems paying its short term obligations.
- HAI has a Current ratio of 1.64. This is in the better half of the industry: HAI outperforms 69.23% of its industry peers.
- A Quick Ratio of 1.30 indicates that HAI should not have too much problems paying its short term obligations.
- HAI's Quick ratio of 1.30 is fine compared to the rest of the industry. HAI outperforms 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
- HAI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 850.00%, which is quite impressive.
- HAI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.25% yearly.
- Looking at the last year, HAI shows a small growth in Revenue. The Revenue has grown by 6.25% in the last year.
- The Revenue has been growing by 11.82% on average over the past years. This is quite good.
EPS 1Y (TTM)850%
EPS 3Y-16.75%
EPS 5Y2.25%
EPS Q2Q%35.84%
Revenue 1Y (TTM)6.25%
Revenue growth 3Y11.84%
Revenue growth 5Y11.82%
Sales Q2Q%33.25%
3.2 Future
- The Earnings Per Share is expected to grow by 28.71% on average over the next years. This is a very strong growth
- Based on estimates for the next years, HAI will show a small growth in Revenue. The Revenue will grow by 6.27% on average per year.
EPS Next Y-148.82%
EPS Next 2Y21.02%
EPS Next 3Y28.71%
EPS Next 5YN/A
Revenue Next Year-1.32%
Revenue Next 2Y5.26%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- HAI is valuated quite expensively with a Price/Earnings ratio of 47.87.
- HAI's Price/Earnings ratio is a bit cheaper when compared to the industry. HAI is cheaper than 76.92% of the companies in the same industry.
- When comparing the Price/Earnings ratio of HAI to the average of the S&P500 Index (27.32), we can say HAI is valued expensively.
- Based on the Price/Forward Earnings ratio of 32.68, the valuation of HAI can be described as expensive.
- HAI's Price/Forward Earnings ratio is rather cheap when compared to the industry. HAI is cheaper than 84.62% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.32, HAI is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.87 | ||
| Fwd PE | 32.68 |
4.2 Price Multiples
- HAI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HAI is cheaper than 61.54% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, HAI is valued a bit cheaper than the industry average as 69.23% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.05 | ||
| EV/EBITDA | 20.18 |
4.3 Compensation for Growth
- The decent profitability rating of HAI may justify a higher PE ratio.
- A more expensive valuation may be justified as HAI's earnings are expected to grow with 28.71% in the coming years.
PEG (NY)N/A
PEG (5Y)21.24
EPS Next 2Y21.02%
EPS Next 3Y28.71%
5. Dividend
5.1 Amount
- No dividends for HAI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:HAI (1/21/2026, 7:00:00 PM)
7.18
+0.05 (+0.7%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-14 2026-01-14/amc
Earnings (Next)03-11 2026-03-11
Inst Owners4.52%
Inst Owner ChangeN/A
Ins Owners36.35%
Ins Owner ChangeN/A
Market Cap195.22M
Revenue(TTM)137.63M
Net Income(TTM)114.70K
Analysts80
Price Target6.4 (-10.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)8.17%
Min Revenue beat(2)4.63%
Max Revenue beat(2)11.7%
Revenue beat(4)3
Avg Revenue beat(4)4.64%
Min Revenue beat(4)-8.26%
Max Revenue beat(4)11.7%
Revenue beat(8)3
Avg Revenue beat(8)-1.63%
Revenue beat(12)7
Avg Revenue beat(12)1.67%
Revenue beat(16)9
Avg Revenue beat(16)1.32%
PT rev (1m)1.37%
PT rev (3m)4.8%
EPS NQ rev (1m)100%
EPS NQ rev (3m)100%
EPS NY rev (1m)7.41%
EPS NY rev (3m)-10.62%
Revenue NQ rev (1m)5.64%
Revenue NQ rev (3m)5.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.87 | ||
| Fwd PE | 32.68 | ||
| P/S | 1.42 | ||
| P/FCF | 28.05 | ||
| P/OCF | 22.42 | ||
| P/B | 2 | ||
| P/tB | 4.53 | ||
| EV/EBITDA | 20.18 |
EPS(TTM)0.15
EY2.09%
EPS(NY)0.22
Fwd EY3.06%
FCF(TTM)0.26
FCFY3.57%
OCF(TTM)0.32
OCFY4.46%
SpS5.06
BVpS3.59
TBVpS1.59
PEG (NY)N/A
PEG (5Y)21.24
Graham Number3.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.08% | ||
| ROE | 0.12% | ||
| ROCE | 0.34% | ||
| ROIC | 0.24% | ||
| ROICexc | 0.29% | ||
| ROICexgc | 0.7% | ||
| OM | 0.26% | ||
| PM (TTM) | 0.08% | ||
| GM | 72.51% | ||
| FCFM | 5.06% |
ROA(3y)0.84%
ROA(5y)-1.76%
ROE(3y)1.21%
ROE(5y)-2.62%
ROIC(3y)1.94%
ROIC(5y)N/A
ROICexc(3y)2.23%
ROICexc(5y)N/A
ROICexgc(3y)6.04%
ROICexgc(5y)N/A
ROCE(3y)2.77%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-61.57%
ROICexc growth 3YN/A
ROICexc growth 5Y-56.55%
OM growth 3YN/A
OM growth 5Y-47.67%
PM growth 3YN/A
PM growth 5Y-58.76%
GM growth 3Y1.83%
GM growth 5Y-1.12%
F-Score6
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.43 | ||
| Debt/EBITDA | 0.8 | ||
| Cap/Depr | 19.8% | ||
| Cap/Sales | 1.27% | ||
| Interest Coverage | 0.76 | ||
| Cash Conversion | 94.83% | ||
| Profit Quality | 6068.96% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.3 | ||
| Altman-Z | 3.64 |
F-Score6
WACC8.62%
ROIC/WACC0.03
Cap/Depr(3y)17.82%
Cap/Depr(5y)18.89%
Cap/Sales(3y)1.24%
Cap/Sales(5y)1.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)850%
EPS 3Y-16.75%
EPS 5Y2.25%
EPS Q2Q%35.84%
EPS Next Y-148.82%
EPS Next 2Y21.02%
EPS Next 3Y28.71%
EPS Next 5YN/A
Revenue 1Y (TTM)6.25%
Revenue growth 3Y11.84%
Revenue growth 5Y11.82%
Sales Q2Q%33.25%
Revenue Next Year-1.32%
Revenue Next 2Y5.26%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
EBIT growth 1Y-93.37%
EBIT growth 3YN/A
EBIT growth 5Y-42.12%
EBIT Next Year667.38%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-60.21%
FCF growth 3YN/A
FCF growth 5Y-12.55%
OCF growth 1Y-55.33%
OCF growth 3YN/A
OCF growth 5Y-8.96%
HAIVISION SYSTEMS INC / HAI.CA FAQ
What is the fundamental rating for HAI stock?
ChartMill assigns a fundamental rating of 6 / 10 to HAI.CA.
What is the valuation status of HAIVISION SYSTEMS INC (HAI.CA) stock?
ChartMill assigns a valuation rating of 4 / 10 to HAIVISION SYSTEMS INC (HAI.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for HAIVISION SYSTEMS INC?
HAIVISION SYSTEMS INC (HAI.CA) has a profitability rating of 6 / 10.
What is the valuation of HAIVISION SYSTEMS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HAIVISION SYSTEMS INC (HAI.CA) is 47.87 and the Price/Book (PB) ratio is 2.
How sustainable is the dividend of HAIVISION SYSTEMS INC (HAI.CA) stock?
The dividend rating of HAIVISION SYSTEMS INC (HAI.CA) is 0 / 10 and the dividend payout ratio is 0%.