Haivision Systems Inc
TSX:HAI

Watchlist Manager
Haivision Systems Inc Logo
Haivision Systems Inc
TSX:HAI
Watchlist
Price: 5.5 CAD -0.72% Market Closed
Market Cap: 149.5m CAD
Section:
 

Relative Value

The Relative Value of one HAI stock under the Base Case scenario is 8.35 CAD. Compared to the current market price of 5.5 CAD, Haivision Systems Inc is Undervalued by 34%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HAI Relative Value
Base Case
8.35 CAD
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.2
P/S
P/S
Price to Sales
1.2
vs History
33
vs Industry
58
Median 3Y
0.9
Median 5Y
1.1
Industry
2.2
Forward
1.1
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
15
Median 3Y
-14.3
Median 5Y
-16
Industry
27.1
Forward
-75.7
More Details
38.2
P/OCF
P/OCF
Price to OCF
38.2
vs History
14
vs Industry
36
Median 3Y
9.6
Median 5Y
15
Industry
16.2
More Details
43.5
P/FCFE
P/FCFE
Price to FCFE
43.5
vs History
17
vs Industry
17
Median 3Y
35.6
Median 5Y
20.8
Industry
21.2
More Details
1.6
P/B
P/B
Price to Book Value
1.6
vs History
35
vs Industry
58
Median 3Y
1.3
Median 5Y
1.5
Industry
2.5
More Details
1.2
EV/S
EV/S
Enterprise Value to Sales
1.2
vs History
33
vs Industry
58
Median 3Y
0.9
Median 5Y
1
Industry
2.4
Forward
1.1
More Details
1.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.6
vs History
33
vs Industry
76
Median 3Y
1.3
Median 5Y
1.4
Industry
7.6
More Details
27.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
27.3
vs History
11
vs Industry
34
Median 3Y
11.9
Median 5Y
11.1
Industry
17.1
Forward
15.3
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
6
Median 3Y
15.4
Median 5Y
-20.3
Industry
23.3
Forward
-40.8
More Details
38.5
EV/OCF
EV/OCF
Enterprise Value to OCF
38.5
vs History
14
vs Industry
35
Median 3Y
9.4
Median 5Y
13.4
Industry
15.8
More Details
82
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
82
vs History
14
vs Industry
28
Median 3Y
10.6
Median 5Y
14.9
Industry
16.9
More Details
1.3
EV/IC
EV/IC
Enterprise Value to IC
1.3
vs History
35
vs Industry
58
Median 3Y
1.1
Median 5Y
1.2
Industry
1.9
More Details

Multiples Across Competitors

HAI Competitors Multiples
Haivision Systems Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Haivision Systems Inc
TSX:HAI
150.7m CAD 1.2 -122 27.3 -46.4
JP
Nakayo Inc
TSE:6715
111.4T JPY 6 383.2 7 956 708 364 019 -1 113 898.2
US
Cisco Systems Inc
NASDAQ:CSCO
307.8B USD 5.3 29.8 20.1 24.1
US
Arista Networks Inc
NYSE:ANET
164.3B USD 19.4 49 41.8 42.6
CN
Zhongji Innolight Co Ltd
SZSE:300308
687.3B CNY 21.8 80.4 68.1 68.1
US
Motorola Solutions Inc
NYSE:MSI
62.1B USD 5.5 29.4 22.1 25
FI
Nokia Oyj
OMXH:NOKIA
29.8B EUR 1.5 32.1 14.5 27.7
US
Ubiquiti Inc
NYSE:UI
34.8B USD 12.6 43.9 36.5 37.3
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
301.7B SEK 1.3 12.2 7 9.2
US
Ciena Corp
NYSE:CIEN
33.4B USD 7 270.7 74.5 108.1
US
Lumentum Holdings Inc
NASDAQ:LITE
27.6B USD 15 245.7 199.5 -274.5
P/E Multiple
Earnings Growth PEG
CA
Haivision Systems Inc
TSX:HAI
Average P/E: 795 750.1
Negative Multiple: -122
4%
N/A
JP
N
Nakayo Inc
TSE:6715
7 956 708
N/A N/A
US
Cisco Systems Inc
NASDAQ:CSCO
29.8
24%
1.2
US
Arista Networks Inc
NYSE:ANET
49
22%
2.2
CN
Zhongji Innolight Co Ltd
SZSE:300308
80.4
76%
1.1
US
Motorola Solutions Inc
NYSE:MSI
29.4
24%
1.2
FI
Nokia Oyj
OMXH:NOKIA
32.1
N/A N/A
US
Ubiquiti Inc
NYSE:UI
43.9
4%
11
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
12.2
944%
0
US
Ciena Corp
NYSE:CIEN
270.7
109%
2.5
US
Lumentum Holdings Inc
NASDAQ:LITE
245.7
197%
1.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Haivision Systems Inc
TSX:HAI
Average EV/EBITDA: 33 139.1
27.3
18%
1.5
JP
N
Nakayo Inc
TSE:6715
364 019
N/A N/A
US
Cisco Systems Inc
NASDAQ:CSCO
20.1
19%
1.1
US
Arista Networks Inc
NYSE:ANET
41.8
28%
1.5
CN
Zhongji Innolight Co Ltd
SZSE:300308
68.1
85%
0.8
US
Motorola Solutions Inc
NYSE:MSI
22.1
14%
1.6
FI
Nokia Oyj
OMXH:NOKIA
14.5
N/A N/A
US
Ubiquiti Inc
NYSE:UI
36.5
7%
5.2
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
7
5%
1.4
US
Ciena Corp
NYSE:CIEN
74.5
38%
2
US
Lumentum Holdings Inc
NASDAQ:LITE
199.5
159%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Haivision Systems Inc
TSX:HAI
Average EV/EBIT: 42.8
Negative Multiple: -46.4
49%
N/A
JP
N
Nakayo Inc
TSE:6715
Negative Multiple: -1 113 898.2 N/A N/A
US
Cisco Systems Inc
NASDAQ:CSCO
24.1
23%
1
US
Arista Networks Inc
NYSE:ANET
42.6
28%
1.5
CN
Zhongji Innolight Co Ltd
SZSE:300308
68.1
87%
0.8
US
Motorola Solutions Inc
NYSE:MSI
25
15%
1.7
FI
Nokia Oyj
OMXH:NOKIA
27.7
N/A N/A
US
Ubiquiti Inc
NYSE:UI
37.3
7%
5.3
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
9.2
10%
0.9
US
Ciena Corp
NYSE:CIEN
108.1
48%
2.3
US
Lumentum Holdings Inc
NASDAQ:LITE
Negative Multiple: -274.5 N/A N/A

See Also

Summary
HAI intrinsic value, competitors valuation, and company profile.
DCF Valuation
HAI stock valuation using Discount Cash Flow valuation method.
Relative Valuation
HAI stock valuation using valuation multiples.
Wall Street Estimates
HAI price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
HAI stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 304,600+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.