HAIVF (Haivision Systems) Intrinsic Value: DCF (Earnings Based): $0.35 (As of Sep. 09, 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAIVF Haivision Systems Inc HAIVF
74 GF Score
Price $3.15
GF Value $3.92
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Haivision Systems Intrinsic Value: DCF (Earnings Based)?

Haivision Systems HAIVF -0.63% 74 Intrinsic Value: DCF (Earnings Based) is $0.35 as of Sep. 09, 2026. GuruFocus rates HAIVF with a GF Score™ of 74/100 and a GF Value™ of $3.92 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 339 Software companies, Haivision Systems ranks worse than 294984.96% on this metric.

As of today (2026-09-09), Haivision Systems's intrinsic value calculated from the Discounted Earnings model is $0.35.

Note: Discounted Earnings model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's predictability rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

Haivision Systems's Predictability Rank is Not Rated. Thus, this page is only used for demonstration purposes and the DCF related results in the screener and portfolio will appear as zero.

Margin of Safety (Earnings Based) using Discounted Earnings model for Haivision Systems is -800.00%.

The historical rank and industry rank for Haivision Systems's Intrinsic Value: DCF (Earnings Based) or its related term are showing as below:

HAIVF's Price-to-DCF (Earnings Based) is not ranked *
in the Software industry.
Industry Median: 0.75
* Ranked among companies with meaningful Price-to-DCF (Earnings Based) only.

Haivision Systems  (OTCPK:HAIVF) Intrinsic Value: DCF (Earnings Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book Value per Share, Graham Number, Median Ratio etc, discounted Cash Flow model evaluates the companies based on their future earnings power instead of their assets.


Be Aware

What you need to know about Discounted Earnings model:

1. The Discounted Earnings model evaluates a company based on its future earnings power
2. Growth is taken into account; therefore a faster growth company is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies that are relatively consistent performers.
4. The Discounted Earnings model works poorly for inconsistent performers like cyclicals.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less predictable businesses.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Haivision Systems Intrinsic Value: DCF (Earnings Based) Related Terms


Haivision Systems Intrinsic Value: DCF (Earnings Based) Historical Data

* Premium members only.

The historical data trend for Haivision Systems's Intrinsic Value: DCF (Earnings Based) 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 Intrinsic Value: DCF (Earnings Based) Chart

Haivision Systems Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Intrinsic Value: DCF (Earnings Based)
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Haivision Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Intrinsic Value: DCF (Earnings Based) 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 0.00 0.00 0.00 0.00 0.00

HAIVF vs MSFT, PLTR, ORCL: Intrinsic Value: DCF (Earnings Based) Comparison

For the Software - Infrastructure subindustry, Haivision Systems's Price-to-DCF (Earnings Based), along with its competitors' market caps and Price-to-DCF (Earnings Based) 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 Price-to-DCF (Earnings Based) vs Software Industry

For the Software industry and Technology sector, Haivision Systems's Price-to-DCF (Earnings Based) distribution charts can be found below:

* The bar in red indicates where Haivision Systems's Price-to-DCF (Earnings Based) falls into.


HAIVF
74GF Score
Haivision Systems Inc HAIVF
Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Score™, valuation, warning signs, and more.
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Haivision Systems Intrinsic Value: DCF (Earnings Based) Calculation

This is the intrinsic value calculated from the Discounted Earnings model with default parameters. The calculation method is the same as Discounted Cash Flow model except earnings are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DCF calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 10%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 3.42%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Growth Rate in the growth stage: g1 = 5%
The Growth Rate in the growth stage is initially set as the default 10-Year EPS without NRI Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year EPS without NRI Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year EPS without NRI Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=> Haivision Systems's average EPS without NRI Growth Rate in the past 3 years was 0.00%, which is less than 5%. GuruFocus defaults => Growth Rate: 5%

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Years of Terminal Growth: y2 = 10

6. EPS without NRI: eps without nri = $0.028.
GuruFocus DCF calculator is actually a Discounted Earnings calculator, EPS without NRI is used as the default. The reason we are doing this is we found that historically stock prices are more correlated with earnings than free cash flow.

All of the default settings can be changed and the results are calculated automatically.

Haivision Systems's Intrinsic Value: DCF (Earnings Based) for today is calculated as:

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+0.05)/(1+0.1) = 0.95454545454545
and y = (1+g2)/(1+d) = (1+0.04)/(1+0.1) = 0.94545454545455

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=EPS without NRI*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=0.028*12.485
=0.35

Margin of Safety % (DCF Earnings Based)=(Intrinsic Value: DCF (Earnings Based)-Current Price)/Intrinsic Value: DCF (Earnings Based)
=(0.35-3.15)/0.35
=-800.00 %

* 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.

What does a Intrinsic Value: DCF (Earnings Based) of $0.35 mean?
Haivision Systems (HAIVF) has a Intrinsic Value: DCF (Earnings Based) of $0.35 as of Sep. 09, 2026. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on Haivision Systems and its competitors. According to the industry distribution chart, Haivision Systems ranks #999999 out of 339 companies in the Software industry.
Is Haivision Systems' Intrinsic Value: DCF (Earnings Based) too high?
Haivision Systems' current Intrinsic Value: DCF (Earnings Based) is $0.35. The Software industry median Intrinsic Value: DCF (Earnings Based) is 0.75. Haivision Systems' value of $0.35 is 53.3% below this industry median. Based on the distribution chart, Haivision Systems ranks #999999 out of 339 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Haivision Systems has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haivision Systems' Intrinsic Value: DCF (Earnings Based) compare to MSFT and PLTR?
According to the Software industry distribution chart, Haivision Systems ranks #999999 out of 339 companies for Intrinsic Value: DCF (Earnings Based). This places Haivision Systems in the lower half of its industry. The industry median Intrinsic Value: DCF (Earnings Based) is 0.75. Haivision Systems' value of $0.35 is 53.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: DCF (Earnings Based) for a Software company?
The median Intrinsic Value: DCF (Earnings Based) among Software companies is 0.75, based on 339 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (Earnings Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (Earnings Based) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Haivision Systems's current Intrinsic Value: DCF (Earnings Based) of $0.35 is 53.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: DCF (Earnings Based) mean?
A high Intrinsic Value: DCF (Earnings Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on Haivision Systems and its competitors. For the Software industry, the median Intrinsic Value: DCF (Earnings Based) is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haivision Systems's current Intrinsic Value: DCF (Earnings Based) is $0.35. 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 (HAIVF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.92, compared to a current price of $3.15 — trading 19.6% below its estimated fair value. The current Intrinsic Value: DCF (Earnings Based) is $0.35 and 53.3% below the Software industry median of 0.75. Haivision Systems' overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (Earnings Based) calculated?
Intrinsic Value: DCF (Earnings Based) is calculated from a company's financial statements. For Haivision Systems (HAIVF), the current Intrinsic Value: DCF (Earnings Based) is $0.35 as of Sep. 09, 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 (HAIVF) Overvalued in 2026?

Based on GuruFocus' analysis, Haivision Systems stock appears to be undervalued. The current stock price of $3.15 is trading 19.6% below its estimated GF Value™ of $3.92. GuruFocus considers Haivision Systems to be Modestly Undervalued.

Key valuation signals for HAIVF:

  • Intrinsic Value: DCF (Earnings Based): $0.35
  • GF Value™: $3.92 vs. price of $3.15 (19.6% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 53.3% below the Software median (#999999 of 339)

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


Haivision Systems Business Description

Other Exchanges HAI:Canada
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.
74GF Score

Get the complete analysis for HAIVF

Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.15
Price
$3.92
GF Value