Haivision Systems Inc
TSX:HAI

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Haivision Systems Inc
TSX:HAI
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Price: 4.6 CAD -3.16% Market Closed
Market Cap: 127.6m CAD

Relative Value

The Relative Value of one HAI stock under the Base Case scenario is 4.99 CAD. Compared to the current market price of 4.6 CAD, Haivision Systems Inc is Undervalued by 8%.

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
4.99 CAD
Undervaluation 8%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
44
vs Industry
58
Median 3Y
0.9
Median 5Y
1
Industry
1.9
Forward
1
vs History
vs Industry
15
Median 3Y
-12
Median 5Y
-14.6
Industry
24
Forward
53.6
vs History
35
vs Industry
36
Median 3Y
7.4
Median 5Y
10.6
Industry
14.3
vs History
51
vs Industry
17
Median 3Y
25.1
Median 5Y
18.1
Industry
18.7
vs History
51
vs Industry
58
Median 3Y
1.3
Median 5Y
1.5
Industry
2.2
vs History
42
vs Industry
58
Median 3Y
0.9
Median 5Y
1
Industry
2
Forward
1
vs History
44
vs Industry
76
Median 3Y
1.3
Median 5Y
1.4
Industry
6.5
vs History
23
vs Industry
34
Median 3Y
11.9
Median 5Y
10.8
Industry
14.4
Forward
10.6
vs History
vs Industry
6
Median 3Y
17.5
Median 5Y
6.4
Industry
19.6
Forward
24
vs History
25
vs Industry
35
Median 3Y
7.6
Median 5Y
10.3
Industry
13.9
vs History
21
vs Industry
28
Median 3Y
8.4
Median 5Y
12
Industry
15.5
vs History
51
vs Industry
58
Median 3Y
1.1
Median 5Y
1.2
Industry
1.7

Multiples Across Competitors

HAI Competitors Multiples
Haivision Systems Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Haivision Systems Inc
TSX:HAI
127.6m CAD 1 -130.2 19.3 -52.4
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
262.6B USD 4.7 26.8 18.1 22.6
US
Arista Networks Inc
NYSE:ANET
108.8B USD 14.6 35.9 31.4 32
US
Motorola Solutions Inc
NYSE:MSI
67.8B USD 6.2 33.1 23.4 26.2
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
268.7B SEK 1.1 166.9 6.8 9.5
FI
Nokia Oyj
OMXH:NOKIA
23.8B EUR 1.2 30.3 7.6 12.6
US
Ubiquiti Inc
NYSE:UI
22.4B USD 9.7 40.8 30.3 31.2
CN
ZTE Corp
SZSE:000063
148.1B CNY 1.2 18.2 18.5 18.5
CN
Zhongji Innolight Co Ltd
SZSE:300308
145.2B CNY 5.7 25.3 21.3 21.3
US
F5 Inc
NASDAQ:FFIV
16.6B USD 5.7 26.8 18.6 21.1
P/E Multiple
Earnings Growth PEG
CA
Haivision Systems Inc
TSX:HAI
Average P/E: 795 711.2
Negative Multiple: -130.2
N/A N/A
JP
N
Nakayo Inc
TSE:6715
7 956 708
N/A N/A
US
Cisco Systems Inc
NASDAQ:CSCO
26.8
19%
1.4
US
Arista Networks Inc
NYSE:ANET
35.9
17%
2.1
US
Motorola Solutions Inc
NYSE:MSI
33.1
24%
1.4
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
166.9
942%
0.2
FI
Nokia Oyj
OMXH:NOKIA
30.3
19%
1.6
US
Ubiquiti Inc
NYSE:UI
40.8
21%
1.9
CN
ZTE Corp
SZSE:000063
18.2
10%
1.8
CN
Zhongji Innolight Co Ltd
SZSE:300308
25.3
27%
0.9
US
F5 Inc
NASDAQ:FFIV
26.8
20%
1.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Haivision Systems Inc
TSX:HAI
Average EV/EBITDA: 33 110.4
19.3
N/A N/A
JP
N
Nakayo Inc
TSE:6715
364 019
N/A N/A
US
Cisco Systems Inc
NASDAQ:CSCO
18.1
15%
1.2
US
Arista Networks Inc
NYSE:ANET
31.4
21%
1.5
US
Motorola Solutions Inc
NYSE:MSI
23.4
12%
1.9
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
6.8
6%
1.1
FI
Nokia Oyj
OMXH:NOKIA
7.6
10%
0.8
US
Ubiquiti Inc
NYSE:UI
30.3
16%
1.9
CN
ZTE Corp
SZSE:000063
18.5
19%
1
CN
Zhongji Innolight Co Ltd
SZSE:300308
21.3
32%
0.7
US
F5 Inc
NASDAQ:FFIV
18.6
18%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Haivision Systems Inc
TSX:HAI
Average EV/EBIT: 21.7
Negative Multiple: -52.4
N/A N/A
JP
N
Nakayo Inc
TSE:6715
Negative Multiple: -1 113 898.2 N/A N/A
US
Cisco Systems Inc
NASDAQ:CSCO
22.6
19%
1.2
US
Arista Networks Inc
NYSE:ANET
32
18%
1.8
US
Motorola Solutions Inc
NYSE:MSI
26.2
13%
2
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
9.5
10%
0.9
FI
Nokia Oyj
OMXH:NOKIA
12.6
18%
0.7
US
Ubiquiti Inc
NYSE:UI
31.2
17%
1.8
CN
ZTE Corp
SZSE:000063
18.5
2%
9.3
CN
Zhongji Innolight Co Ltd
SZSE:300308
21.3
31%
0.7
US
F5 Inc
NASDAQ:FFIV
21.1
21%
1