HAIVISION SYSTEMS INC (HAI.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:HAI - CA40531F1009 - Common Stock
5.46 CAD
+0.05 (+0.92%)
HAI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 13 industry peers in the Communications Equipment industry. While HAI seems to be doing ok healthwise, there are quite some concerns on its profitability. While showing a medium growth rate, HAI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year HAI has reported negative net income.
HAI had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: HAI reported negative net income in multiple years.
HAI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of -0.89%, HAI is doing good in the industry, outperforming 76.92% of the companies in the same industry.
HAI's Return On Equity of -1.34% is amongst the best of the industry. HAI outperforms 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -1.34% | ||
| ROIC | N/A |
ROA(3y)-0.57%
ROA(5y)0.07%
ROE(3y)-1.12%
ROE(5y)1.21%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HAI's Profit Margin has declined in the last couple of years.
HAI's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 72.48%, 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.
The Profit Margin and Operating Margin are not available for HAI so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.48% |
OM growth 3YN/A
OM growth 5Y-9.63%
PM growth 3YN/A
PM growth 5Y-6.09%
GM growth 3Y-0.8%
GM growth 5Y-0.55%
2. Health
2.1 Basic Checks
HAI does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for HAI has been reduced compared to 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
An Altman-Z score of 2.87 indicates that HAI is not a great score, but indicates only limited risk for bankruptcy at the moment.
HAI's Altman-Z score of 2.87 is fine compared to the rest of the industry. HAI outperforms 61.54% of its industry peers.
HAI has a debt to FCF ratio of 8.17. This is a slightly negative value and a sign of low solvency as HAI would need 8.17 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.17, HAI is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
A Debt/Equity ratio of 0.13 indicates that HAI is not too dependend on debt financing.
HAI's Debt to Equity ratio of 0.13 is in line compared to the rest of the industry. HAI outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 8.17 | ||
| Altman-Z | 2.87 |
ROIC/WACCN/A
WACC8.22%
2.3 Liquidity
HAI has a Current Ratio of 1.59. This is a normal value and indicates that HAI is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of HAI (1.59) is better than 69.23% of its industry peers.
A Quick Ratio of 1.20 indicates that HAI should not have too much problems paying its short term obligations.
HAI's Quick ratio of 1.20 is fine compared to the rest of the industry. HAI outperforms 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
HAI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -125.00%.
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 -5.56%.
Measured over the past years, HAI shows a quite strong growth in Revenue. The Revenue has been growing by 11.82% on average per year.
EPS 1Y (TTM)-125%
EPS 3Y-16.75%
EPS 5Y2.25%
EPS Q2Q%0%
Revenue 1Y (TTM)-5.56%
Revenue growth 3Y11.84%
Revenue growth 5Y11.82%
Sales Q2Q%14.26%
3.2 Future
Based on estimates for the next years, HAI will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.50% on average per year.
The Revenue is expected to grow by 6.27% on average over the next years.
EPS Next Y-148.82%
EPS Next 2Y16.77%
EPS Next 3Y9.5%
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
The Price/Earnings Ratio is negative for HAI. In the last year negative earnings were reported.
HAI is valuated quite expensively with a Price/Forward Earnings ratio of 26.70.
Based on the Price/Forward Earnings ratio, HAI is valued cheaply inside the industry as 84.62% of the companies are valued more expensively.
HAI's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 26.7 |
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 | 79.99 | ||
| EV/EBITDA | 25.77 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y16.77%
EPS Next 3Y9.5%
5. Dividend
5.1 Amount
No dividends for HAI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:HAI (1/9/2026, 7:00:00 PM)
5.46
+0.05 (+0.92%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners4.52%
Inst Owner ChangeN/A
Ins Owners36.35%
Ins Owner ChangeN/A
Market Cap148.46M
Revenue(TTM)127.61M
Net Income(TTM)-1.24M
Analysts80
Price Target6.4 (17.22%)
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)0
Avg EPS beat(2)-248.51%
Min EPS beat(2)-496.04%
Max EPS beat(2)-0.99%
EPS beat(4)0
Avg EPS beat(4)-180.46%
Min EPS beat(4)-496.04%
Max EPS beat(4)-0.99%
EPS beat(8)1
Avg EPS beat(8)-95.98%
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)7.55%
Min Revenue beat(2)4.63%
Max Revenue beat(2)10.48%
Revenue beat(4)2
Avg Revenue beat(4)-2.22%
Min Revenue beat(4)-15.73%
Max Revenue beat(4)10.48%
Revenue beat(8)3
Avg Revenue beat(8)-3.04%
Revenue beat(12)7
Avg Revenue beat(12)1.37%
Revenue beat(16)8
Avg Revenue beat(16)-0.01%
PT rev (1m)1.37%
PT rev (3m)-0.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)237.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-210.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.38%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 26.7 | ||
| P/S | 1.16 | ||
| P/FCF | 79.99 | ||
| P/OCF | 37.6 | ||
| P/B | 1.61 | ||
| P/tB | 3.98 | ||
| EV/EBITDA | 25.77 |
EPS(TTM)-0.04
EYN/A
EPS(NY)0.2
Fwd EY3.75%
FCF(TTM)0.07
FCFY1.25%
OCF(TTM)0.15
OCFY2.66%
SpS4.69
BVpS3.39
TBVpS1.37
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -1.34% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.48% | ||
| FCFM | 1.45% |
ROA(3y)-0.57%
ROA(5y)0.07%
ROE(3y)-1.12%
ROE(5y)1.21%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y-9.63%
PM growth 3YN/A
PM growth 5Y-6.09%
GM growth 3Y-0.8%
GM growth 5Y-0.55%
F-Score4
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 8.17 | ||
| Debt/EBITDA | 2.22 | ||
| Cap/Depr | 23.65% | ||
| Cap/Sales | 1.64% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 70.94% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 2.87 |
F-Score4
WACC8.22%
ROIC/WACCN/A
Cap/Depr(3y)15.44%
Cap/Depr(5y)18.5%
Cap/Sales(3y)1.1%
Cap/Sales(5y)0.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-125%
EPS 3Y-16.75%
EPS 5Y2.25%
EPS Q2Q%0%
EPS Next Y-148.82%
EPS Next 2Y16.77%
EPS Next 3Y9.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.56%
Revenue growth 3Y11.84%
Revenue growth 5Y11.82%
Sales Q2Q%14.26%
Revenue Next Year-1.32%
Revenue Next 2Y5.26%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
EBIT growth 1Y-136.87%
EBIT growth 3YN/A
EBIT growth 5Y1.06%
EBIT Next Year-90.27%
EBIT Next 3Y-37.47%
EBIT Next 5YN/A
FCF growth 1Y-86.13%
FCF growth 3Y129.93%
FCF growth 5Y25.45%
OCF growth 1Y-73.58%
OCF growth 3Y106.42%
OCF growth 5Y25.22%
HAIVISION SYSTEMS INC / HAI.CA FAQ
What is the fundamental rating for HAI stock?
ChartMill assigns a fundamental rating of 4 / 10 to HAI.CA.
What is the valuation status of HAIVISION SYSTEMS INC (HAI.CA) stock?
ChartMill assigns a valuation rating of 3 / 10 to HAIVISION SYSTEMS INC (HAI.CA). This can be considered as Overvalued.
Can you provide the profitability details for HAIVISION SYSTEMS INC?
HAIVISION SYSTEMS INC (HAI.CA) has a profitability rating of 3 / 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%.