Haivision Systems (TSX:HAI) Enterprise Value: C$115.0 Mil (As of Jul. 02, 2026) ***


TSX:HAI Haivision Systems Inc TSX:HAI
85 GF Score
Price C$4.45
GF Value C$5.18
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Haivision Systems Enterprise Value?

Haivision Systems TSX:HAI +0.23% 85 Enterprise Value is C$115.0 Mil as of Jul. 02, 2026. GuruFocus rates TSX:HAI with a GF Score™ of 85/100 and a GF Value™ of C$5.18 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Haivision Systems's Enterprise Value is C$115.0 Mil. Haivision Systems's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was C$1.0 Mil. Therefore, Haivision Systems's EV-to-EBIT ratio for today is 111.31.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Haivision Systems's Enterprise Value is C$115.0 Mil. Haivision Systems's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was C$9.7 Mil. Therefore, Haivision Systems's EV-to-EBITDA ratio for today is 11.90.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Haivision Systems's Enterprise Value is C$115.0 Mil. Haivision Systems's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was C$143.0 Mil. Therefore, Haivision Systems's EV-to-Revenue ratio for today is 0.80.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Haivision Systems's Enterprise Value is C$115.0 Mil. Haivision Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was C$14.8 Mil. Therefore, Haivision Systems's EV-to-OCF ratio for today is 7.76.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Haivision Systems's Enterprise Value is C$115.0 Mil. Haivision Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was C$13.7 Mil. Therefore, Haivision Systems's EV-to-FCF ratio for today is 8.38.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Haivision Systems  (TSX:HAI) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Haivision Systems's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=114.982/1.033
=111.31

Haivision Systems's current Enterprise Value is C$115.0 Mil.
Haivision Systems's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.0 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Haivision Systems's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=114.982/9.664
=11.90

Haivision Systems's current Enterprise Value is C$115.0 Mil.
Haivision Systems's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$9.7 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Haivision Systems's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=114.982/142.95
=0.80

Haivision Systems's current Enterprise Value is C$115.0 Mil.
Haivision Systems's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$143.0 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Haivision Systems's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=114.982/14.812
=7.76

Haivision Systems's current Enterprise Value is C$115.0 Mil.
Haivision Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$14.8 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Haivision Systems's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=114.982/13.724
=8.38

Haivision Systems's current Enterprise Value is C$115.0 Mil.
Haivision Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$13.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Haivision Systems Enterprise Value Related Terms


Haivision Systems Enterprise Value Historical Data

* Premium members only.

The historical data trend for Haivision Systems's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Haivision Systems Enterprise Value Chart

Haivision Systems Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only 210.39 96.18 111.38 130.21 132.81

Haivision Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 115.91 140.72 132.81 226.10 175.55

TSX:HAI vs MSFT, ORCL, PLTR: Enterprise Value Comparison

For the Software - Infrastructure subindustry, Haivision Systems's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Haivision Systems Enterprise Value vs Software Industry

For the Software industry and Technology sector, Haivision Systems's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Haivision Systems's Enterprise Value falls into.


TSX:HAI
85GF Score
Haivision Systems Inc TSX:HAI
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Haivision Systems Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Haivision Systems's Enterprise Value for the fiscal year that ended in Oct. 2025 is calculated as

Haivision Systems's Enterprise Value for the quarter that ended in Apr. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of C$115.0 Mil mean?
Haivision Systems (TSX:HAI) has a Enterprise Value of C$115.0 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Haivision Systems and its competitors.
Is Haivision Systems' Enterprise Value too high?
Haivision Systems' current Enterprise Value is C$115.0 Mil. Overall, Haivision Systems has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haivision Systems' Enterprise Value compare to MSFT and ORCL?
Haivision Systems' Enterprise Value of C$115.0 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Software company?
A good Enterprise Value depends on the Software industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Haivision Systems and its competitors. Haivision Systems's current Enterprise Value is C$115.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haivision Systems stock overvalued right now?
Based on GuruFocus' analysis, Haivision Systems (TSX:HAI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$5.18, compared to a current price of C$4.45 — trading 14.1% below its estimated fair value. The current Enterprise Value is C$115.0 Mil. Haivision Systems' overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Haivision Systems (TSX:HAI), the current Enterprise Value is C$115.0 Mil as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Haivision Systems (TSX:HAI) Overvalued in 2026?

Based on GuruFocus' analysis, Haivision Systems stock appears to be undervalued. The current stock price of C$4.45 is trading 14.1% below its estimated GF Value™ of C$5.18. GuruFocus considers Haivision Systems to be Modestly Undervalued.

Key valuation signals for TSX:HAI:

  • Enterprise Value: C$115.0 Mil
  • GF Value™: C$5.18 vs. price of C$4.45 (14.1% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the TSX:HAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haivision Systems Business Description

Other Exchanges HAIVF:USA
Address 2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9
Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.
85GF Score

Get the complete analysis for TSX:HAI

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$4.45
Price
C$5.18
GF Value