HAIVISION SYSTEMS INC (HAI.CA) Fundamental Analysis & Valuation
TSX:HAI • CA40531F1009
Current stock price
7 CAD
-0.15 (-2.1%)
Last:
This HAI.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. HAI.CA Profitability Analysis
1.1 Basic Checks
- In the past year HAI was profitable.
- In the past year HAI had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: HAI reported negative net income in multiple years.
- Of the past 5 years HAI 4 years had a positive operating cash flow.
1.2 Ratios
- HAI has a Return On Assets of 0.08%. This is in the better half of the industry: HAI outperforms 76.92% of its industry peers.
- HAI has a Return On Equity of 0.12%. This is amongst the best in the industry. HAI outperforms 84.62% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 0.24%, HAI belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for HAI is significantly below the industry average of 12.98%.
| 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
- HAI has a better Profit Margin (0.08%) than 76.92% of its industry peers.
- In the last couple of years the Profit Margin of HAI has declined.
- HAI has a Operating Margin of 0.26%. This is amongst the best in the industry. HAI outperforms 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.
- In the last couple of years the Gross Margin of HAI has remained more or less at the same level.
| 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. HAI.CA Health Analysis
2.1 Basic Checks
- HAI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- HAI has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, HAI has more shares outstanding
- Compared to 1 year ago, HAI has an improved debt to assets ratio.
2.2 Solvency
- HAI has an Altman-Z score of 3.65. This indicates that HAI is financially healthy and has little risk of bankruptcy at the moment.
- With a decent Altman-Z score value of 3.65, HAI is doing good in the industry, outperforming 69.23% of the companies in the same industry.
- 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.
- A Debt/Equity ratio of 0.08 indicates that HAI is not too dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.08, HAI is doing good in the industry, outperforming 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 3.65 |
ROIC/WACC0.03
WACC8.58%
2.3 Liquidity
- A Current Ratio of 1.64 indicates that HAI should not have too much problems paying its short term obligations.
- HAI's Current ratio of 1.64 is fine compared to the rest 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 has a better Quick ratio (1.30) than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.3 |
3. HAI.CA Growth Analysis
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.
- The Earnings Per Share has been growing slightly by 2.25% on average over the past years.
- HAI shows a decrease in Revenue. In the last year, the revenue decreased by -7.38%.
- HAI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.82% yearly.
EPS 1Y (TTM)850%
EPS 3Y-16.75%
EPS 5Y2.25%
EPS Q2Q%75%
Revenue 1Y (TTM)-7.38%
Revenue growth 3Y11.84%
Revenue growth 5Y11.82%
Sales Q2Q%25.1%
3.2 Future
- Based on estimates for the next years, HAI will show a very strong growth in Earnings Per Share. The EPS will grow by 32.66% on average per year.
- Based on estimates for the next years, HAI will show a quite strong growth in Revenue. The Revenue will grow by 9.95% on average per year.
EPS Next Y-148.82%
EPS Next 2Y18.2%
EPS Next 3Y33.08%
EPS Next 5Y32.66%
Revenue Next Year-1.32%
Revenue Next 2Y5.97%
Revenue Next 3Y7.71%
Revenue Next 5Y9.95%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. HAI.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 46.67, the valuation of HAI can be described as expensive.
- Based on the Price/Earnings ratio, HAI is valued a bit cheaper than 76.92% of the companies in the same industry.
- HAI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.78.
- A Price/Forward Earnings ratio of 33.40 indicates a quite expensive valuation of HAI.
- Based on the Price/Forward Earnings ratio, HAI is valued cheaper than 84.62% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 23.54. HAI is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.67 | ||
| Fwd PE | 33.4 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, HAI is valued a bit cheaper than the industry average as 61.54% of the companies are valued more expensively.
- 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 | 27.63 | ||
| EV/EBITDA | 20.32 |
4.3 Compensation for Growth
- HAI has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as HAI's earnings are expected to grow with 33.08% in the coming years.
PEG (NY)N/A
PEG (5Y)20.71
EPS Next 2Y18.2%
EPS Next 3Y33.08%
5. HAI.CA Dividend Analysis
5.1 Amount
- No dividends for HAI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
HAI.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:HAI (4/10/2026, 7:00:00 PM)
7
-0.15 (-2.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)03-12 2026-03-12/amc
Earnings (Next)06-09 2026-06-09
Inst Owners4.47%
Inst Owner ChangeN/A
Ins Owners36.53%
Ins Owner ChangeN/A
Market Cap192.36M
Revenue(TTM)129.54M
Net Income(TTM)114.70K
Analysts82.5
Price Target11.79 (68.43%)
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)13.5%
PT rev (3m)84.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)133.3%
EPS NY rev (1m)0%
EPS NY rev (3m)2.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.05%
Revenue NY rev (1m)-1.24%
Revenue NY rev (3m)1.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.67 | ||
| Fwd PE | 33.4 | ||
| P/S | 1.4 | ||
| P/FCF | 27.63 | ||
| P/OCF | 22.09 | ||
| P/B | 1.97 | ||
| P/tB | 4.46 | ||
| EV/EBITDA | 20.32 |
EPS(TTM)0.15
EY2.14%
EPS(NY)0.21
Fwd EY2.99%
FCF(TTM)0.25
FCFY3.62%
OCF(TTM)0.32
OCFY4.53%
SpS5.01
BVpS3.55
TBVpS1.57
PEG (NY)N/A
PEG (5Y)20.71
Graham Number3.46
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 | 3.65 |
F-Score6
WACC8.58%
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%75%
EPS Next Y-148.82%
EPS Next 2Y18.2%
EPS Next 3Y33.08%
EPS Next 5Y32.66%
Revenue 1Y (TTM)-7.38%
Revenue growth 3Y11.84%
Revenue growth 5Y11.82%
Sales Q2Q%25.1%
Revenue Next Year-1.32%
Revenue Next 2Y5.97%
Revenue Next 3Y7.71%
Revenue Next 5Y9.95%
EBIT growth 1Y-93.37%
EBIT growth 3YN/A
EBIT growth 5Y-42.12%
EBIT Next Year686.42%
EBIT Next 3Y131.1%
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 Fundamental Analysis 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.
What is the profitability of HAI stock?
HAIVISION SYSTEMS INC (HAI.CA) has a profitability rating of 6 / 10.
What is the financial health of HAIVISION SYSTEMS INC (HAI.CA) stock?
The financial health rating of HAIVISION SYSTEMS INC (HAI.CA) is 7 / 10.
Is the dividend of HAIVISION SYSTEMS INC sustainable?
The dividend rating of HAIVISION SYSTEMS INC (HAI.CA) is 0 / 10 and the dividend payout ratio is 0%.