High Liner Foods Stock Current Valuation
| HLF Stock | CAD 15.55 0.49 3.25% |
Valuation analysis of High Liner Foods helps investors to measure High Liner's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, High Liner's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Multiple is likely to grow to 6.86, while Enterprise Value is likely to drop about 296.4 M. Fundamental drivers impacting High Liner's valuation include:
Price Book 0.7818 | Enterprise Value 751.9 M | Enterprise Value Ebitda 5.1826 | Price Sales 0.466 | Forward PE 6.6622 |
Undervalued
Today
Please note that High Liner's price fluctuation is very steady at this time. Calculation of the real value of High Liner Foods is based on 3 months time horizon. Increasing High Liner's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since High Liner is currently traded on the exchange, buyers and sellers on that exchange determine the market value of High Stock. However, High Liner's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 15.55 | Real 15.89 | Hype 15.08 | Naive 16.07 |
The intrinsic value of High Liner's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence High Liner's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of High Liner Foods helps investors to forecast how High stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of High Liner more accurately as focusing exclusively on High Liner's fundamentals will not take into account other important factors: High Liner Foods Company Current Valuation Analysis
High Liner's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current High Liner Current Valuation | 751.9 M |
Most of High Liner's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, High Liner Foods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for High Liner is extremely important. It helps to project a fair market value of High Stock properly, considering its historical fundamentals such as Current Valuation. Since High Liner's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of High Liner's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of High Liner's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, High Liner Foods has a Current Valuation of 751.9 M. This is 96.13% lower than that of the Food Products sector and 92.42% lower than that of the Consumer Staples industry. The current valuation for all Canada stocks is 95.48% higher than that of the company.
High Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses High Liner's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of High Liner could also be used in its relative valuation, which is a method of valuing High Liner by comparing valuation metrics of similar companies.High Liner is currently under evaluation in current valuation category among its peers.
High Liner Current Valuation Drivers
We derive many important indicators used in calculating different scores of High Liner from analyzing High Liner's financial statements. These drivers represent accounts that assess High Liner's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of High Liner's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 214.0M | 294.9M | 399.2M | 342.7M | 303.5M | 161.9M | |
| Enterprise Value | 563.7M | 565.8M | 664.9M | 723.2M | 549.8M | 296.4M |
High Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.054 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 751.9 M | ||||
| Shares Outstanding | 29.74 M | ||||
| Shares Owned By Insiders | 44.47 % | ||||
| Shares Owned By Institutions | 15.17 % | ||||
| Number Of Shares Shorted | 1.1 M | ||||
| Price To Earning | 20.45 X | ||||
| Price To Book | 0.78 X | ||||
| Price To Sales | 0.47 X | ||||
| Revenue | 1.08 B | ||||
| Gross Profit | 229.93 M | ||||
| EBITDA | 92.23 M | ||||
| Net Income | 31.68 M | ||||
| Cash And Equivalents | 45.89 M | ||||
| Cash Per Share | 1.36 X | ||||
| Total Debt | 253.56 M | ||||
| Debt To Equity | 1.19 % | ||||
| Current Ratio | 2.47 X | ||||
| Book Value Per Share | 13.74 X | ||||
| Cash Flow From Operations | 179.31 M | ||||
| Short Ratio | 51.18 X | ||||
| Earnings Per Share | 2.63 X | ||||
| Target Price | 11.77 | ||||
| Number Of Employees | 1.2 K | ||||
| Beta | 0.87 | ||||
| Market Capitalization | 447.94 M | ||||
| Total Asset | 834.4 M | ||||
| Retained Earnings | 280.62 M | ||||
| Working Capital | 253.94 M | ||||
| Current Asset | 352.87 M | ||||
| Current Liabilities | 153.65 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 4.14 % | ||||
| Net Asset | 834.4 M | ||||
| Last Dividend Paid | 0.45 |
About High Liner Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze High Liner Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of High Liner using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of High Liner Foods based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with High Liner
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if High Liner position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in High Liner will appreciate offsetting losses from the drop in the long position's value.Moving against High Stock
| 0.71 | QBR-A | Quebecor | PairCorr |
| 0.58 | THRM | Therma Bright | PairCorr |
| 0.51 | XIM | Ximen Mining Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to High Liner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace High Liner when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back High Liner - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling High Liner Foods to buy it.
The correlation of High Liner is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as High Liner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if High Liner Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for High Liner can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in High Stock
High Liner financial ratios help investors to determine whether High Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in High with respect to the benefits of owning High Liner security.