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HAM.V$5.05-0.10%
Fair $5.05+0.0%

HAM.V

Highwood Asset Management Ltd.

Energy / Oil & Gas E&PTSXV

$5.05

-0.00 (-0.10%)

Fairly Valued+0.0%Fair Value $5.05Fund rank 25/100 · Data gapFallback financials|
SA 51/C
F-Score: 4/9

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 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $-2.4M · quality 46.7/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 19/100Data 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

51/100

C

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Book/ROE model only applies to financial balance-sheet businesses.
Thesis & Journal · HAM.VLocal privado en este navegador · Highwood Asset Management Ltd.
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

$71M

P/E

18.7x

↑

EV/EBITDA

2.8x

↓

ROE

14.1%

↑

Gross Margin

56.6%

↑

Debt/Equity

0.68

↑
52-Week Range$5
$4$5

TradingView lightweight chart

HAM.V price, volumen y niveles de valoración

Último $5.050Periodo +35.0%
Fair value: $5.050

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

+133.6%

FCF CAGR

—

FCF margin

-4.1%

FCF / Net income

-0.20x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $103.6M · net income $21.7M · FCF $-4.2M

2022-FY → 2025-FY

Gross margin

56.6%-19.4% pts

Operating margin

19.3%+12.2% pts

Net margin

21.0%-6.7% pts

FCF margin

-4.1%+12.2% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$103.6M$103.6M$141.4M$45.8M$8.1M
Net Income$21.7M$21.7M$27.9M$46.1M$2.2M
EBITDA$62.2M$62.2M$72.6M$61.1M$3.5M
EPS——1.854.670.37
Gross Margin56.6%56.6%60.6%61.1%76.0%
Operating Margin19.3%19.3%35.2%24.3%7.1%
Net Margin21.0%21.0%19.8%100.7%27.6%
Balance Sheet
Debt/Equity0.680.680.690.840.00
Current Ratio0.650.65———
Cash Flow
Free Cash Flow$-4.2M$-4.2M$-706000.00$-2.4M$-1.3M
Returns
ROE14.1%14.1%21.2%44.3%21.0%
Valuation
P/E18.7018.70———
EV/EBITDA2.772.77———
P/B0.460.46———
Growth & Yield
Revenue Growth-26.8%-26.8%208.6%463.6%—
EPS Growth——-60.4%1162.2%—

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 · available periodreconcilia total +35.0%

Total return

+35.0%

Start / end P/E

n/dx → n/dx

EPS bridge

1.85 → n/d

Residual

+35.0%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+35.0%

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.