HAIVISION SYSTEMS INC (HAI.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:HAI • CA40531F1009
8.41 CAD
-0.32 (-3.67%)
Last: Jan 30, 2026, 07:00 PM
We assign a fundamental rating of 6 out of 10 to HAI. HAI was compared to 12 industry peers in the Communications Equipment industry. HAI is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. 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.
- In the past year HAI had a positive cash flow from operations.
- In multiple years HAI reported negative net income over the last 5 years.
- HAI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- HAI's Return On Assets of 0.08% is fine compared to the rest of the industry. HAI outperforms 75.00% of its industry peers.
- HAI's Return On Equity of 0.12% is amongst the best of the industry. HAI outperforms 83.33% of its industry peers.
- HAI has a better Return On Invested Capital (0.24%) than 83.33% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for HAI 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
- HAI has a better Profit Margin (0.08%) than 75.00% 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 83.33% of its industry peers.
- In the last couple of years the Operating Margin of HAI has declined.
- HAI has a better Gross Margin (72.51%) than 100.00% of its industry peers.
- 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. Health
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.
- 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 4.06. This indicates that HAI is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 4.06, HAI is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- The Debt to FCF ratio of HAI is 1.43, which is an excellent value as it means it would take HAI, only 1.43 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 1.43, HAI belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
- 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 comparable to the rest of the industry: HAI outperforms 58.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 4.06 |
ROIC/WACC0.03
WACC8.89%
2.3 Liquidity
- A Current Ratio of 1.64 indicates that HAI should not have too much problems paying its short term obligations.
- With a decent Current ratio value of 1.64, HAI is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- A Quick Ratio of 1.30 indicates that HAI should not have too much problems paying its short term obligations.
- HAI has a Quick ratio of 1.30. This is in the better half of the industry: HAI outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 850.00% over the past year.
- 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
- HAI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.27% yearly.
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 56.07, HAI can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, HAI is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of HAI to the average of the S&P500 Index (28.32), we can say HAI is valued expensively.
- HAI is valuated quite expensively with a Price/Forward Earnings ratio of 38.28.
- Based on the Price/Forward Earnings ratio, HAI is valued cheaper than 83.33% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of HAI to the average of the S&P500 Index (25.57), we can say HAI is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.07 | ||
| Fwd PE | 38.28 |
4.2 Price Multiples
- HAI's Enterprise Value to EBITDA ratio is in line with the industry average.
- HAI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. HAI is cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.85 | ||
| EV/EBITDA | 23.82 |
4.3 Compensation for Growth
- The decent profitability rating of HAI may justify a higher PE ratio.
- HAI's earnings are expected to grow with 28.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)24.88
EPS Next 2Y21.02%
EPS Next 3Y28.71%
5. Dividend
5.1 Amount
- HAI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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 56.07 and the Price/Book (PB) ratio is 2.34.
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%.