HIGHWOOD ASSET MANAGEMENT LT (HAM.CA) Stock Fundamental Analysis

TSX-V:HAM • CA43127Q1000

4 CAD
-0.1 (-2.44%)
Last: Feb 20, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Overall HAM gets a fundamental rating of 5 out of 10. We evaluated HAM against 212 industry peers in the Oil, Gas & Consumable Fuels industry. HAM scores excellent on profitability, but there are concerns on its financial health. HAM has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year HAM was profitable.
  • HAM had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: HAM reported negative net income in multiple years.
  • HAM had a positive operating cash flow in 4 of the past 5 years.
HAM.CA Yearly Net Income VS EBIT VS OCF VS FCFHAM.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M

1.2 Ratios

  • HAM's Return On Assets of 5.57% is amongst the best of the industry. HAM outperforms 86.79% of its industry peers.
  • HAM has a better Return On Equity (12.08%) than 84.91% of its industry peers.
  • With an excellent Return On Invested Capital value of 10.60%, HAM belongs to the best of the industry, outperforming 95.28% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for HAM is above the industry average of 6.59%.
  • The last Return On Invested Capital (10.60%) for HAM is above the 3 year average (8.85%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.57%
ROE 12.08%
ROIC 10.6%
ROA(3y)13.62%
ROA(5y)2.43%
ROE(3y)28.81%
ROE(5y)-7.45%
ROIC(3y)8.85%
ROIC(5y)N/A
HAM.CA Yearly ROA, ROE, ROICHAM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 -60 -80

1.3 Margins

  • The Profit Margin of HAM (18.34%) is better than 82.08% of its industry peers.
  • With an excellent Operating Margin value of 36.15%, HAM belongs to the best of the industry, outperforming 88.21% of the companies in the same industry.
  • Looking at the Gross Margin, with a value of 72.05%, HAM belongs to the top of the industry, outperforming 90.57% of the companies in the same industry.
  • In the last couple of years the Gross Margin of HAM has grown nicely.
Industry RankSector Rank
OM 36.15%
PM (TTM) 18.34%
GM 72.05%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y30.19%
GM growth 5Y23.79%
HAM.CA Yearly Profit, Operating, Gross MarginsHAM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 50 100

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • HAM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, HAM has less shares outstanding
  • HAM has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, HAM has an improved debt to assets ratio.
HAM.CA Yearly Shares OutstandingHAM.CA Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M
HAM.CA Yearly Total Debt VS Total AssetsHAM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

2.2 Solvency

  • Based on the Altman-Z score of 1.26, we must say that HAM is in the distress zone and has some risk of bankruptcy.
  • HAM has a Altman-Z score of 1.26. This is in the better half of the industry: HAM outperforms 64.62% of its industry peers.
  • HAM has a Debt/Equity ratio of 0.72. This is a neutral value indicating HAM is somewhat dependend on debt financing.
  • HAM has a Debt to Equity ratio (0.72) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF N/A
Altman-Z 1.26
ROIC/WACC1.04
WACC10.2%
HAM.CA Yearly LT Debt VS Equity VS FCFHAM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M

2.3 Liquidity

  • HAM has a Current Ratio of 0.95. This is a bad value and indicates that HAM is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of HAM (0.95) is better than 61.32% of its industry peers.
  • HAM has a Quick Ratio of 0.95. This is a bad value and indicates that HAM is not financially healthy enough and could expect problems in meeting its short term obligations.
  • HAM has a better Quick ratio (0.95) than 64.15% of its industry peers.
Industry RankSector Rank
Current Ratio 0.95
Quick Ratio 0.95
HAM.CA Yearly Current Assets VS Current LiabilitesHAM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • HAM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -45.70%.
  • Looking at the last year, HAM shows a very negative growth in Revenue. The Revenue has decreased by -16.73% in the last year.
  • HAM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 33.41% yearly.
EPS 1Y (TTM)-45.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-98.13%
Revenue 1Y (TTM)-16.73%
Revenue growth 3Y143.44%
Revenue growth 5Y33.41%
Sales Q2Q%-51.84%

3.2 Future

  • The Earnings Per Share is expected to grow by 4.52% on average over the next years.
  • Based on estimates for the next years, HAM will show a small growth in Revenue. The Revenue will grow by 4.56% on average per year.
EPS Next Y-5.38%
EPS Next 2Y-10.2%
EPS Next 3Y4.52%
EPS Next 5YN/A
Revenue Next Year-16.93%
Revenue Next 2Y-8.86%
Revenue Next 3Y4.56%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
HAM.CA Yearly Revenue VS EstimatesHAM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M 100M
HAM.CA Yearly EPS VS EstimatesHAM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2023 2024 2025 2026 2027 0 1 -1 2

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 3.33, the valuation of HAM can be described as very cheap.
  • 98.58% of the companies in the same industry are more expensive than HAM, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.99. HAM is valued rather cheaply when compared to this.
  • A Price/Forward Earnings ratio of 3.85 indicates a rather cheap valuation of HAM.
  • HAM's Price/Forward Earnings ratio is rather cheap when compared to the industry. HAM is cheaper than 98.58% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of HAM to the average of the S&P500 Index (28.02), we can say HAM is valued rather cheaply.
Industry RankSector Rank
PE 3.33
Fwd PE 3.85
HAM.CA Price Earnings VS Forward Price EarningsHAM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 95.75% of the companies in the same industry are more expensive than HAM, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 2.73
HAM.CA Per share dataHAM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8

4.3 Compensation for Growth

  • The excellent profitability rating of HAM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.2%
EPS Next 3Y4.52%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • HAM does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

HIGHWOOD ASSET MANAGEMENT LT

TSX-V:HAM (2/20/2026, 7:00:00 PM)

4

-0.1 (-2.44%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-14
Earnings (Next)03-19
Inst Owners3.6%
Inst Owner ChangeN/A
Ins Owners4.57%
Ins Owner ChangeN/A
Market Cap60.68M
Revenue(TTM)97.63M
Net Income(TTM)17.90M
Analysts83.64
Price Target6.71 (67.75%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.74%
Min EPS beat(2)-89.5%
Max EPS beat(2)80.02%
EPS beat(4)1
Avg EPS beat(4)-34.99%
Min EPS beat(4)-89.5%
Max EPS beat(4)80.02%
EPS beat(8)4
Avg EPS beat(8)8.37%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-9.27%
Min Revenue beat(2)-39.89%
Max Revenue beat(2)21.36%
Revenue beat(4)1
Avg Revenue beat(4)-22.53%
Min Revenue beat(4)-46.06%
Max Revenue beat(4)21.36%
Revenue beat(8)3
Avg Revenue beat(8)-11.25%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.82%
PT rev (3m)-7.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.88%
EPS NY rev (1m)0%
EPS NY rev (3m)-9.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.72%
Valuation
Industry RankSector Rank
PE 3.33
Fwd PE 3.85
P/S 0.62
P/FCF N/A
P/OCF 1.05
P/B 0.41
P/tB 0.41
EV/EBITDA 2.73
EPS(TTM)1.2
EY30%
EPS(NY)1.04
Fwd EY26.01%
FCF(TTM)-0.25
FCFYN/A
OCF(TTM)3.82
OCFY95.51%
SpS6.44
BVpS9.77
TBVpS9.77
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.24
Profitability
Industry RankSector Rank
ROA 5.57%
ROE 12.08%
ROCE 12.49%
ROIC 10.6%
ROICexc 10.68%
ROICexgc 10.68%
OM 36.15%
PM (TTM) 18.34%
GM 72.05%
FCFM N/A
ROA(3y)13.62%
ROA(5y)2.43%
ROE(3y)28.81%
ROE(5y)-7.45%
ROIC(3y)8.85%
ROIC(5y)N/A
ROICexc(3y)8.91%
ROICexc(5y)N/A
ROICexgc(3y)8.91%
ROICexgc(5y)N/A
ROCE(3y)10.42%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y30.19%
GM growth 5Y23.79%
F-Score5
Asset Turnover0.3
Health
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF N/A
Debt/EBITDA 1.76
Cap/Depr 241.41%
Cap/Sales 63.2%
Interest Coverage 3.57
Cash Conversion 95.24%
Profit Quality N/A
Current Ratio 0.95
Quick Ratio 0.95
Altman-Z 1.26
F-Score5
WACC10.2%
ROIC/WACC1.04
Cap/Depr(3y)306.87%
Cap/Depr(5y)206.22%
Cap/Sales(3y)45.78%
Cap/Sales(5y)31.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-45.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-98.13%
EPS Next Y-5.38%
EPS Next 2Y-10.2%
EPS Next 3Y4.52%
EPS Next 5YN/A
Revenue 1Y (TTM)-16.73%
Revenue growth 3Y143.44%
Revenue growth 5Y33.41%
Sales Q2Q%-51.84%
Revenue Next Year-16.93%
Revenue Next 2Y-8.86%
Revenue Next 3Y4.56%
Revenue Next 5YN/A
EBIT growth 1Y-41.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year2.37%
EBIT Next 3Y2.84%
EBIT Next 5YN/A
FCF growth 1Y-168.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y486.09%
OCF growth 3YN/A
OCF growth 5Y41.32%

HIGHWOOD ASSET MANAGEMENT LT / HAM.CA FAQ

What is the fundamental rating for HAM stock?

ChartMill assigns a fundamental rating of 5 / 10 to HAM.CA.


What is the valuation status for HAM stock?

ChartMill assigns a valuation rating of 6 / 10 to HIGHWOOD ASSET MANAGEMENT LT (HAM.CA). This can be considered as Fairly Valued.


What is the profitability of HAM stock?

HIGHWOOD ASSET MANAGEMENT LT (HAM.CA) has a profitability rating of 8 / 10.


What is the valuation of HIGHWOOD ASSET MANAGEMENT LT based on its PE and PB ratios?

The Price/Earnings (PE) ratio for HIGHWOOD ASSET MANAGEMENT LT (HAM.CA) is 3.33 and the Price/Book (PB) ratio is 0.41.


What is the earnings growth outlook for HIGHWOOD ASSET MANAGEMENT LT?

The Earnings per Share (EPS) of HIGHWOOD ASSET MANAGEMENT LT (HAM.CA) is expected to decline by -5.38% in the next year.