HAIVISION SYSTEMS INC (HAI.CA) Fundamental Analysis & Valuation
TSX:HAI • CA40531F1009
Current stock price
6.63 CAD
+0.03 (+0.45%)
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
- HAI had positive earnings in the past year.
- 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
- The Return On Assets of HAI (0.73%) is better than 76.92% of its industry peers.
- HAI has a Return On Equity of 1.07%. This is amongst the best in the industry. HAI outperforms 84.62% of its industry peers.
- HAI's Return On Invested Capital of 1.57% 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 13.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.73% | ||
| ROE | 1.07% | ||
| ROIC | 1.57% |
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 (0.70%) than 76.92% of its industry peers.
- HAI's Profit Margin has declined in the last couple of years.
- With an excellent Operating Margin value of 1.62%, HAI belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
- HAI's Operating Margin has declined in the last couple of years.
- HAI's Gross Margin of 72.12% is amongst the best of the industry. HAI outperforms 100.00% of its industry peers.
- HAI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.62% | ||
| PM (TTM) | 0.7% | ||
| GM | 72.12% |
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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HAI is destroying value.
- HAI has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for HAI has been increased compared to 5 years ago.
- HAI has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.75 indicates that HAI is not in any danger for bankruptcy at the moment.
- HAI's Altman-Z score of 3.75 is fine compared to the rest of the industry. HAI outperforms 69.23% of its industry peers.
- The Debt to FCF ratio of HAI is 1.54, which is an excellent value as it means it would take HAI, only 1.54 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of HAI (1.54) is better than 84.62% of its industry peers.
- HAI has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.10, HAI perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.54 | ||
| Altman-Z | 3.75 |
ROIC/WACC0.18
WACC8.88%
2.3 Liquidity
- HAI has a Current Ratio of 1.68. 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 (1.68) is better than 76.92% of its industry peers.
- A Quick Ratio of 1.35 indicates that HAI should not have too much problems paying its short term obligations.
- With an excellent Quick ratio value of 1.35, HAI belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.35 |
3. HAI.CA Growth Analysis
3.1 Past
- The earnings per share for HAI have decreased strongly by -85.71% in the last year.
- Measured over the past years, HAI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -55.59% on average per year.
- Looking at the last year, HAI shows a quite strong growth in Revenue. The Revenue has grown by 17.53% in the last year.
- The Revenue has been growing by 10.62% on average over the past years. This is quite good.
EPS 1Y (TTM)-85.71%
EPS 3YN/A
EPS 5Y-55.59%
EPS Q2Q%75%
Revenue 1Y (TTM)17.53%
Revenue growth 3Y3.07%
Revenue growth 5Y10.62%
Sales Q2Q%25.1%
3.2 Future
- The Earnings Per Share is expected to grow by 193.30% on average over the next years. This is a very strong growth
- HAI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.99% yearly.
EPS Next Y1009%
EPS Next 2Y372.51%
EPS Next 3Y193.3%
EPS Next 5YN/A
Revenue Next Year13.8%
Revenue Next 2Y12.39%
Revenue Next 3Y13.99%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. HAI.CA Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 663.00, HAI can be considered very expensive at the moment.
- HAI's Price/Earnings ratio is a bit cheaper when compared to the industry. HAI is cheaper than 69.23% of the companies in the same industry.
- When comparing the Price/Earnings ratio of HAI to the average of the S&P500 Index (27.42), we can say HAI is valued expensively.
- HAI is valuated correctly with a Price/Forward Earnings ratio of 16.31.
- Based on the Price/Forward Earnings ratio, HAI is valued cheaper than 92.31% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 22.24, HAI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 663 | ||
| Fwd PE | 16.31 |
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 | 23.4 | ||
| EV/EBITDA | 15.36 |
4.3 Compensation for Growth
- HAI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- 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 193.30% in the coming years.
PEG (NY)0.66
PEG (5Y)N/A
EPS Next 2Y372.51%
EPS Next 3Y193.3%
5. HAI.CA Dividend Analysis
5.1 Amount
- HAI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
HAI.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:HAI (4/24/2026, 7:00:00 PM)
6.63
+0.03 (+0.45%)
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 Owners1%
Inst Owner ChangeN/A
Ins Owners36.53%
Ins Owner ChangeN/A
Market Cap182.19M
Revenue(TTM)144.70M
Net Income(TTM)1.01M
Analysts82.5
Price Target11.79 (77.83%)
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)1
Avg EPS beat(2)-86.65%
Min EPS beat(2)-397.33%
Max EPS beat(2)224.03%
EPS beat(4)1
Avg EPS beat(4)-167.58%
Min EPS beat(4)-496.04%
Max EPS beat(4)224.03%
EPS beat(8)1
Avg EPS beat(8)-127.87%
EPS beat(12)3
Avg EPS beat(12)-79.44%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)7.54%
Min Revenue beat(2)3.37%
Max Revenue beat(2)11.7%
Revenue beat(4)4
Avg Revenue beat(4)7.55%
Min Revenue beat(4)3.37%
Max Revenue beat(4)11.7%
Revenue beat(8)4
Avg Revenue beat(8)-1.19%
Revenue beat(12)7
Avg Revenue beat(12)0.72%
Revenue beat(16)10
Avg Revenue beat(16)1.55%
PT rev (1m)13.5%
PT rev (3m)84.26%
EPS NQ rev (1m)-1000%
EPS NQ rev (3m)-145.83%
EPS NY rev (1m)-13.25%
EPS NY rev (3m)-17.24%
Revenue NQ rev (1m)-7.9%
Revenue NQ rev (3m)-15.11%
Revenue NY rev (1m)-1.24%
Revenue NY rev (3m)1.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 663 | ||
| Fwd PE | 16.31 | ||
| P/S | 1.26 | ||
| P/FCF | 23.4 | ||
| P/OCF | 19.8 | ||
| P/B | 1.93 | ||
| P/tB | 4.31 | ||
| EV/EBITDA | 15.36 |
EPS(TTM)0.01
EY0.15%
EPS(NY)0.41
Fwd EY6.13%
FCF(TTM)0.28
FCFY4.27%
OCF(TTM)0.33
OCFY5.05%
SpS5.27
BVpS3.43
TBVpS1.54
PEG (NY)0.66
PEG (5Y)N/A
Graham Number0.879006 (-86.74%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.73% | ||
| ROE | 1.07% | ||
| ROCE | 2.29% | ||
| ROIC | 1.57% | ||
| ROICexc | 1.86% | ||
| ROICexgc | 4.35% | ||
| OM | 1.62% | ||
| PM (TTM) | 0.7% | ||
| GM | 72.12% | ||
| FCFM | 5.38% |
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-Score7
Asset Turnover1.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.54 | ||
| Debt/EBITDA | 0.86 | ||
| Cap/Depr | 16.12% | ||
| Cap/Sales | 0.98% | ||
| Interest Coverage | 4.91 | ||
| Cash Conversion | 82.74% | ||
| Profit Quality | 767.98% | ||
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z | 3.75 |
F-Score7
WACC8.88%
ROIC/WACC0.18
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)-85.71%
EPS 3YN/A
EPS 5Y-55.59%
EPS Q2Q%75%
EPS Next Y1009%
EPS Next 2Y372.51%
EPS Next 3Y193.3%
EPS Next 5YN/A
Revenue 1Y (TTM)17.53%
Revenue growth 3Y3.07%
Revenue growth 5Y10.62%
Sales Q2Q%25.1%
Revenue Next Year13.8%
Revenue Next 2Y12.39%
Revenue Next 3Y13.99%
Revenue Next 5YN/A
EBIT growth 1Y129.82%
EBIT growth 3YN/A
EBIT growth 5Y-42.12%
EBIT Next Year614.63%
EBIT Next 3Y131.1%
EBIT Next 5YN/A
FCF growth 1Y-52.26%
FCF growth 3YN/A
FCF growth 5Y-12.55%
OCF growth 1Y-48.9%
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 6 / 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%.