HAIVISION SYSTEMS INC (HAI.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:HAI - CA40531F1009 - Common Stock
5.29 CAD
+0.14 (+2.72%)
Taking everything into account, HAI scores 4 out of 10 in our fundamental rating. HAI was compared to 13 industry peers in the Communications Equipment industry. While HAI seems to be doing ok healthwise, there are quite some concerns on its profitability. HAI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
HAI had negative earnings in the past year.
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.
Of the past 5 years HAI 4 years had a positive operating cash flow.
1.2 Ratios
HAI's Return On Assets of -0.89% is fine compared to the rest of the industry. HAI outperforms 76.92% of its industry peers.
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.
The Gross Margin of HAI (72.48%) is better than 100.00% of its industry peers.
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.
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 2.83. This is not the best score and indicates that HAI is in the grey zone with still only limited risk for bankruptcy at the moment.
HAI has a Altman-Z score of 2.83. This is in the better half of the industry: HAI outperforms 61.54% of its industry peers.
The Debt to FCF ratio of HAI is 8.17, which is on the high side as it means it would take HAI, 8.17 years of fcf income to pay off all of its debts.
HAI's Debt to FCF ratio of 8.17 is fine compared to the rest of the industry. HAI outperforms 69.23% of its industry peers.
HAI has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.13, HAI is in line with its industry, outperforming 53.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 8.17 | ||
| Altman-Z | 2.83 |
ROIC/WACCN/A
WACC8.08%
2.3 Liquidity
A Current Ratio of 1.59 indicates that HAI should not have too much problems paying its short term obligations.
HAI has a better Current ratio (1.59) 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 has a better Quick ratio (1.20) than 84.62% 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%.
HAI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.25% yearly.
The Revenue has decreased by -5.56% in the past year.
The Revenue has been growing by 11.82% on average over the past years. This is quite good.
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.
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 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.
The Price/Forward Earnings ratio is 25.86, which means the current valuation is very expensive for HAI.
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 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 25.86 |
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.
HAI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. HAI is cheaper than 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 77.5 | ||
| EV/EBITDA | 25.18 |
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
HAI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:HAI (12/5/2025, 7:00:00 PM)
5.29
+0.14 (+2.72%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners4.49%
Inst Owner ChangeN/A
Ins Owners36.22%
Ins Owner ChangeN/A
Market Cap143.84M
Revenue(TTM)127.61M
Net Income(TTM)-1.24M
Analysts80
Price Target6.31 (19.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)0%
PT rev (3m)13.16%
EPS NQ rev (1m)0%
EPS NQ rev (3m)237.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-141.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 25.86 | ||
| P/S | 1.13 | ||
| P/FCF | 77.5 | ||
| P/OCF | 36.43 | ||
| P/B | 1.56 | ||
| P/tB | 3.86 | ||
| EV/EBITDA | 25.18 |
EPS(TTM)-0.04
EYN/A
EPS(NY)0.2
Fwd EY3.87%
FCF(TTM)0.07
FCFY1.29%
OCF(TTM)0.15
OCFY2.74%
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 | 2.83 |
F-Score4
WACC8.08%
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.
Can you provide the valuation status for HAIVISION SYSTEMS INC?
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.
Can you provide the financial health for HAI stock?
The financial health rating of HAIVISION SYSTEMS INC (HAI.CA) is 5 / 10.