Haivision Systems (TSX:HAI) ROCE %: -12.10% (As of Apr. 2026)

What is Haivision Systems ROCE %?

Haivision Systems TSX:HAI -0.67% 85 ROCE % is -12.10% as of Apr. 2026. GuruFocus rates TSX:HAI with a GF Score™ of 85/100 and a GF Value™ of C$5.16 (Modestly Undervalued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Haivision Systems's annualized ROCE % for the quarter that ended in Apr. 2026 was -12.10%.

Haivision Systems (TSX:HAI) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Haivision Systems ROCE % Related Terms

Haivision Systems ROCE % Historical Data

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The historical data trend for Haivision Systems's ROCE % 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 ROCE % Chart

Haivision Systems Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

ROCE %

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-8.00

-5.13

1.17

5.28

-0.88

Haivision Systems Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
ROCE %	Get a 7-Day Free Trial															-11.91	1.25	15.33	-0.56	-12.10

85GF Score

Haivision Systems Inc TSX:HAI

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Haivision Systems ROCE % Calculation

Haivision Systems's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2025 )		(A: Oct. 2024 )		(A: Oct. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2025 )		(A: Oct. 2024 )		(A: Oct. 2025 )
	=	-0.93	/	( ( (141.315 - 35.998)	+	(145.036 - 39.009) )	/ 2 )
	=	-0.93	/	( (105.317	+	106.027)	/ 2 )
	=	-0.93	/	105.672
	=	-0.88 %

Haivision Systems's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2026 )		(Q: Jan. 2026 )		(Q: Apr. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2026 )		(Q: Jan. 2026 )		(Q: Apr. 2026 )
	=	-12.356	/	( ( (138.737 - 36.339)	+	(140.524 - 38.752) )	/ 2 )
	=	-12.356	/	( ( 102.398	+	101.772 )	/ 2 )
	=	-12.356	/	102.085
	=	-12.10 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -12.10% mean?

Haivision Systems (TSX:HAI) has a ROCE % of -12.10% as of Apr. 2026.

Is Haivision Systems' ROCE % too high?

Haivision Systems' current ROCE % is -12.10%. 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' ROCE % compare to MSFT and ORCL?

Haivision Systems' ROCE % of -12.10% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Software company?

The median ROCE % among Software companies is 5.27, based on 2,713 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haivision Systems's current ROCE % is -12.10%. 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$5.16, compared to a current price of C$4.46 — trading 13.6% below its estimated fair value. The current ROCE % is -12.10%. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Haivision Systems (TSX:HAI), the current ROCE % is -12.10% as of Apr. 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$4.46 is trading 13.6% below its estimated GF Value™ of C$5.16. GuruFocus considers Haivision Systems to be Modestly Undervalued.

Key valuation signals for TSX:HAI:

ROCE %: -12.10%
GF Value™: C$5.16 vs. price of C$4.46 (13.6% 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

Industry Technology Software

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Other Exchanges HAIVF:USA

Address 2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9

Website https://www.haivision.com

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

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C$4.46

Price

C$5.16

GF Value

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