Why is Haivision Systems, Inc. ?
1
Poor long term growth as Operating profit has grown by an annual rate 2.03% of over the last 5 years
2
The company declared very negative results in Jan'25 after flat results in Oct'24
- PRE-TAX PROFIT(Q) At CAD -1.79 MM has Fallen at -211.78%
- NET PROFIT(Q) At CAD -0.84 MM has Fallen at -190.34%
- DEBTORS TURNOVER RATIO(HY) Lowest at 5.01%
3
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -2.76%, its profits have fallen by -94%
4
Below par performance in long term as well as near term
- Along with generating -2.76% returns in the last 1 year, the stock has also underperformed S&P/TSX 60 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in IT - Hardware)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Haivision Systems, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Haivision Systems, Inc.
-100.0%
0.09
45.29%
S&P/TSX 60
20.39%
1.54
14.62%
Quality key factors
Factor
Value
Sales Growth (5y)
9.84%
EBIT Growth (5y)
2.03%
EBIT to Interest (avg)
0.08
Debt to EBITDA (avg)
0.44
Net Debt to Equity (avg)
-0.01
Sales to Capital Employed (avg)
1.30
Tax Ratio
79.33%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.67%
ROE (avg)
1.53%
Valuation Key Factors 
Factor
Value
P/E Ratio
142
Industry P/E
Price to Book Value
1.54
EV to EBIT
-43.49
EV to EBITDA
25.62
EV to Capital Employed
1.54
EV to Sales
1.12
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-3.54%
ROE (Latest)
0.34%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
No Trend
Technical Movement
2What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -3.65% (YoY
NET SALES(Q)
Highest at CAD 34.29 MM
-16What is not working for the Company
PRE-TAX PROFIT(Q)
At CAD -1.79 MM has Fallen at -211.78%
NET PROFIT(Q)
At CAD -0.84 MM has Fallen at -190.34%
DEBTORS TURNOVER RATIO(HY)
Lowest at 5.01%
EPS(Q)
Lowest at CAD -0.08
Here's what is working for Haivision Systems, Inc.
Net Sales
Highest at CAD 34.29 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CAD MM)
Raw Material Cost
Fallen by -3.65% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Haivision Systems, Inc.
Pre-Tax Profit
At CAD -1.79 MM has Fallen at -211.78%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (CAD MM)
Net Profit
At CAD -0.84 MM has Fallen at -190.34%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CAD MM)
EPS
Lowest at CAD -0.08
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (CAD)
Debtors Turnover Ratio
Lowest at 5.01%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






