Haivision Systems, Inc. (TSE:HAI)
TSX:HAI
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HAI Stock Chart & Stats
C$7.14
-C$0.02(-0.38%)
At close: 4:00 PM EST
C$7.14
-C$0.02(-0.38%)
Day’s Range― - ―
52-Week RangeC$4.15 - C$10.40
Previous CloseN/A
Volume12.87K
Average Volume (3M)16.91K
Market Cap
C$168.84M
Enterprise ValueC$159.99M
Total Cash (Recent Filing)C$16.99M
Total Debt (Recent Filing)C$12.00M
Price to Earnings (P/E)―
Beta0.50
Next Earnings
Jun 10, 2026EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.04
Shares Outstanding27,497,938
10 Day Avg. Volume17,895
30 Day Avg. Volume16,911
Financial Highlights & Ratios
PEG Ratio-12.88
Price to Book (P/B)1.47
Price to Sales (P/S)1.05
P/FCF Ratio20.66
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$9.50Price Target Upside33.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.16
Revenue Forecast (FY)C$149.19M
Bulls Say, Bears Say
Bulls Say
Cash GenerationConsistent positive operating cash flow (~$9.2M TTM) and free cash flow (~$7.8M, +11.9%) provide durable internal funding for R&D, product development, and deployments. This reduces reliance on external financing and supports strategic flexibility over coming quarters.
Conservative Balance SheetA low debt-to-equity ratio (~0.10) and declining leverage give the company balance-sheet flexibility to fund growth, absorb demand shocks, and pursue strategic initiatives or partnerships without stressing cash flow. This lowers financial risk through cycles.
Strong Product EconomicsA high gross margin (~71%) points to strong pricing power and efficient product cost structure across hardware and software. Durable product economics support scalable subscription and service margins, enabling sustained reinvestment even if operating expense pressure continues.
Bears Say
Thin, Volatile ProfitabilityEBIT near breakeven and a TTM net margin of ~0.1% indicate profitability is fragile. Historical swings (losses FY2021–FY2023, rebound FY2024, then compression) imply operational resiliency is unproven, constraining reinvestment and leaving earnings sensitive to cost or demand shifts.
Low Returns On EquityROE around ~0.1% shows the company generates almost no return on shareholders' equity despite a sizable equity base. Persistently low ROE suggests capital is not being efficiently converted into profits, limiting long-term shareholder value unless margins sustainably improve.
Cash Flow–profit Alignment RiskWhile cash generation is positive, management flags misalignment with net income due to working-capital or timing effects. That divergence can mask true earnings quality and creates a structural risk if favorable timing reverses or receivables/inventory trends worsen.
Haivision Systems News
HAI FAQ
What was Haivision Systems, Inc.’s price range in the past 12 months?
Haivision Systems, Inc. lowest stock price was C$4.15 and its highest was C$10.40 in the past 12 months.
What is Haivision Systems, Inc.’s market cap?
Haivision Systems, Inc.’s market cap is C$168.84M.
When is Haivision Systems, Inc.’s upcoming earnings report date?
Haivision Systems, Inc.’s upcoming earnings report date is Jun 10, 2026 which is in 20 days.
How were Haivision Systems, Inc.’s earnings last quarter?
Haivision Systems, Inc. released its earnings results on Mar 12, 2026. The company reported -C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.014 by -C$0.024.
Is Haivision Systems, Inc. overvalued?
According to Wall Street analysts Haivision Systems, Inc.’s price is currently Undervalued.
Does Haivision Systems, Inc. pay dividends?
Haivision Systems, Inc. does not currently pay dividends.
What is Haivision Systems, Inc.’s EPS estimate?
Haivision Systems, Inc.’s EPS estimate is -0.04.
How many shares outstanding does Haivision Systems, Inc. have?
Haivision Systems, Inc. has 27,497,938 shares outstanding.
What happened to Haivision Systems, Inc.’s price movement after its last earnings report?
Haivision Systems, Inc. reported an EPS of -C$0.01 in its last earnings report, missing expectations of C$0.014. Following the earnings report the stock price went down -17.098%.
Which hedge fund is a major shareholder of Haivision Systems, Inc.?
Currently, no hedge funds are holding shares in TSE:HAI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Haivision Systems Stock Smart Score
Neutral
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.57%
12-Months-Change
Fundamentals
Return on Equity
1.08%
Trailing 12-Months
Asset Growth
-3.57%
Trailing 12-Months
Company Description
Haivision Systems, Inc.
Haivision Systems Inc. provides infrastructure solutions worldwide. It offers Makito Series, a range of products designs to encode and decode 4K/UHD HEVC and H.264 video formats, and low latency end-to-end streaming over IP suitable for live and interactive video applications; KB Series, a software encoder and transcoder that delivers high-quality video streaming for resolutions up to 4K/UHD; Kraken, a software-based high-low latency tactical live video encoder and transcoder for video streams to traverse different networks and feed enterprise distribution networks; Haivision Media Platform, a software platform provides low latency and live video distribution; Haivision/CineMassive CineNet, a software platform for situational awareness and real-time decision making in mission-critical command and control environments; Haivision Element Management System, a cloud software-based solution which enables the streamlined management and monitoring of geographically distributed edge devices within a single web-based graphical user interface; Haivision SRT Gateway, a hybrid software-based solution for secure routing of live video streams across different types of IP networks; Haivision Hub, a cloud-based service for live and low latency media routing across the Microsoft Azure network; Haivision Connect, a cloud software as a service platform for delivering live and on-demand content to video portals and web sites; Haivision Connect DVR, a cloud-based service that connects multi-site ministries; and SRT Streaming Protocol that optimizes streaming performance across unpredictable networks. It also provides playing back and displaying solutions; and online streaming services. It serves broadcast, enterprise, government, house of worship, medical, and military and defense industries. The company was formerly known as Hajtek Vision Inc. and changed its name to Haivision Systems Inc. in June 2004. The company was incorporated in 2004 and is headquartered in Montreal, Canada.
HAI Stock 12 Month Forecast
Average Price Target
C$9.50
▲(33.05% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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