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HAI.TO$6.33-2.62%
Fair $6.33+0.0%

HAI.TO

Haivision Systems Inc.

Technology / Software - InfrastructureToronto

$6.33

-0.17 (-2.62%)

Fairly Valued+0.0%Fair Value $6.33Fund rank 32/100 · Data gapFallback financials|
SA 39/D
F-Score: 5/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 32% · confianza 23%

FCF escenarios

weak_data · normalized FCF $14.2M · quality 55.3/100

Data gap 32/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 36/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

39/100

D

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is 0.1%, below the 5% threshold
Thesis & Journal · HAI.TOLocal privado en este navegador · Haivision Systems Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$174M

P/E

211.0x

↑

EV/EBITDA

21.6x

↑

ROE

0.1%

↓

Gross Margin

72.5%

↑

Debt/Equity

0.10

↓
52-Week Range$6
$4$10

TradingView lightweight chart

HAI.TO price, volumen y niveles de valoración

Último $6.330Periodo -18.5%
Fair value: $6.330

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+3.1%

FCF CAGR

—

FCF margin

5.1%

FCF / Net income

60.72x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $137.6M · net income $114637.0 · FCF $7.0M

2022-FY → 2025-FY

Gross margin

72.5%+3.8% pts

Operating margin

0.4%+2.7% pts

Net margin

0.1%+5.0% pts

FCF margin

5.1%+9.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$137.6M$137.6M$129.5M$139.9M$125.7M
Net Income$114637.00$114637.00$4.7M$-1.3M$-6.2M
EBITDA$7.9M$7.9M$15.3M$11.1M$3.1M
EPS——0.16-0.04-0.21
Gross Margin72.5%72.5%73.1%70.5%68.7%
Operating Margin0.4%0.4%4.2%2.0%-2.3%
Net Margin0.1%0.1%3.6%-0.9%-4.9%
Balance Sheet
Debt/Equity0.100.100.110.170.28
Current Ratio1.681.68———
Cash Flow
Free Cash Flow$7.0M$7.0M$17.5M$14.2M$-6.1M
Returns
ROE0.1%0.1%4.9%-1.3%-6.9%
Valuation
P/E211.00211.0029.44——
EV/EBITDA21.5921.598.8410.6630.25
P/B1.821.821.461.170.81
Growth & Yield
Revenue Growth6.3%6.3%-7.4%11.3%—
EPS Growth——500.0%81.0%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +40.7%

Total return

+40.7%

Start / end P/E

n/dx → n/dx

EPS bridge

0.16 → n/d

Residual

+40.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+40.7%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.