Haivision Systems (TSX:HAI) Asset Turnover: 0.23 (As of Apr. 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 Asset Turnover?

Haivision Systems TSX:HAI +0.23% 85 Asset Turnover is 0.23 as of Apr. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Haivision Systems's Revenue for the three months ended in Apr. 2026 was C$32.5 Mil. Haivision Systems's Total Assets for the quarter that ended in Apr. 2026 was C$139.6 Mil. Therefore, Haivision Systems's Asset Turnover for the quarter that ended in Apr. 2026 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Haivision Systems's annualized ROE % for the quarter that ended in Apr. 2026 was -7.71%. It is also linked to ROA % through Du Pont Formula. Haivision Systems's annualized ROA % for the quarter that ended in Apr. 2026 was -5.21%.


Haivision Systems  (TSX:HAI) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Haivision Systems's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=-7.272/94.325
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.272 / 130.14)*(130.14 / 139.6305)*(139.6305/ 94.325)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.59 %*0.932*1.4803
=ROA %*Equity Multiplier
=-5.21 %*1.4803
=-7.71 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Haivision Systems's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=-7.272/139.6305
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7.272 / 130.14)*(130.14 / 139.6305)
=Net Margin %*Asset Turnover
=-5.59 %*0.932
=-5.21 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Haivision Systems Asset Turnover Related Terms


Haivision Systems Asset Turnover Historical Data

* Premium members only.

The historical data trend for Haivision Systems's Asset Turnover 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 Asset Turnover Chart

Haivision Systems Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 1.01 0.93 0.96 0.91 0.96

Haivision Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Asset Turnover 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 0.24 0.25 0.28 0.25 0.23

TSX:HAI vs MSFT, ORCL, PLTR: Asset Turnover Comparison

For the Software - Infrastructure subindustry, Haivision Systems's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Software Industry

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

* The bar in red indicates where Haivision Systems's Asset Turnover falls into.


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

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2025 )/( (Total Assets (A: Oct. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=137.635/( (141.315+145.036)/ 2 )
=137.635/143.1755
=0.96

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=32.535/( (138.737+140.524)/ 2 )
=32.535/139.6305
=0.23

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.23 mean?
Haivision Systems (TSX:HAI) has a Asset Turnover of 0.23 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Haivision Systems and its competitors.
Is Haivision Systems' Asset Turnover too high?
Haivision Systems' current Asset Turnover is 0.23. 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' Asset Turnover compare to MSFT and ORCL?
Haivision Systems' Asset Turnover of 0.23 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 Asset Turnover for a Software company?
A good Asset Turnover depends on the Software industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Haivision Systems and its competitors. Haivision Systems's current Asset Turnover is 0.23. 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 Asset Turnover is 0.23. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Haivision Systems (TSX:HAI), the current Asset Turnover is 0.23 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$4.45 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:

  • Asset Turnover: 0.23
  • 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

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Asset Turnover 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