Financials Highwood Asset Management Ltd.

Equities

HAM

CA43127Q1000

Oil Related Services and Equipment

Market Closed - Toronto S.E. 12:15:38 2024-06-12 EDT 5-day change 1st Jan Change
6.1 CAD +2.01% Intraday chart for Highwood Asset Management Ltd. +1.67% +27.08%

Valuation

Fiscal Period: December 2019 2022 2023 2024 2025 2026
Capitalization 1 100.7 67.66 72.55 92.4 - -
Enterprise Value (EV) 1 66.55 67.66 169.6 181.2 160.3 152.5
P/E ratio - 30.4 x 1.03 x 4.19 x 3.56 x 4.24 x
Yield - - - - - -
Capitalization / Revenue 3.34 x - 1.45 x 0.69 x 0.6 x 0.64 x
EV / Revenue 2.21 x - 3.4 x 1.35 x 1.04 x 1.05 x
EV / EBITDA 252 x - 2.74 x 2.32 x 1.98 x 2.15 x
EV / FCF -7.87 x - -79.5 x 26.1 x 8.83 x 10.2 x
FCF Yield -12.7% - -1.26% 3.84% 11.3% 9.84%
Price to Book - - - - - -
Nbr of stocks (in thousands) 6,014 6,014 15,114 15,148 - -
Reference price 2 16.75 11.25 4.800 6.100 6.100 6.100
Announcement Date 20-04-28 23-04-28 24-04-16 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2022 2023 2024 2025 2026
Net sales 1 30.17 - 49.94 134.5 153.7 145.4
EBITDA 1 0.2643 - 61.96 78 80.95 71
EBIT 1 - - 54.65 43.4 47.2 34.2
Operating Margin - - 109.42% 32.27% 30.71% 23.52%
Earnings before Tax (EBT) 1 - - 49.46 34.6 41.1 29.7
Net income 1 - 2.246 46.14 22.3 26.35 22.3
Net margin - - 92.4% 16.58% 17.14% 15.34%
EPS 2 - 0.3700 4.670 1.455 1.715 1.440
Free Cash Flow 1 -8.455 - -2.133 6.95 18.15 15
FCF margin -28.02% - -4.27% 5.17% 11.81% 10.32%
FCF Conversion (EBITDA) - - - 8.91% 22.42% 21.13%
FCF Conversion (Net income) - - - 31.17% 68.88% 67.26%
Dividend per Share - - - - - -
Announcement Date 20-04-28 23-04-28 24-04-16 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q2 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - 33.98 15.97 36.7 36.2 39.9 - -
EBITDA 1 - 58.6 17.44 19.95 19.4 21.25 20.2 20.7
EBIT 1 - 54.56 12.01 13.3 13.3 14.7 - -
Operating Margin - 160.57% 75.2% 36.24% 36.74% 36.84% - -
Earnings before Tax (EBT) 1 - 51.46 -0.649 10.9 11.5 12.9 - -
Net income 1 -0.6 47.78 -0.544 7.85 7.15 7.85 5.5 5.5
Net margin - 140.63% -3.41% 21.39% 19.75% 19.67% - -
EPS 2 -0.1000 4.880 -0.0400 0.5100 0.4600 0.5150 0.3600 0.3600
Dividend per Share - - - - - - - -
Announcement Date 23-08-29 24-04-16 24-05-16 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2022 2023 2024 2025 2026
Net Debt 1 - - 97.1 88.8 67.9 60.1
Net Cash position 1 34.2 - - - - -
Leverage (Debt/EBITDA) - - 1.566 x 1.138 x 0.8384 x 0.8465 x
Free Cash Flow 1 -8.45 - -2.13 6.95 18.2 15
ROE (net income / shareholders' equity) - - - - - -
ROA (Net income/ Total Assets) - - - - - -
Assets 1 - - - - - -
Book Value Per Share - - - - - -
Cash Flow per Share 2 0.5800 - 1.660 4.830 5.190 4.300
Capex 1 11.9 - 18.5 63.1 57 52
Capex / Sales 39.6% - 37.06% 46.89% 37.09% 35.76%
Announcement Date 20-04-28 23-04-28 24-04-16 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
6.1 CAD
Average target price
9.417 CAD
Spread / Average Target
+54.37%
Consensus
  1. Stock Market
  2. Equities
  3. HAM Stock
  4. Financials Highwood Asset Management Ltd.