HIGH LINER FOODS INC (HLF.CA) Fundamental Analysis & Valuation
TSX:HLF • CA4296951094
16.44 CAD
-0.17 (-1.02%)
Last: Mar 4, 2026, 07:00 PM
This HLF.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 5 out of 10 to HLF. HLF was compared to 19 industry peers in the Food Products industry. While HLF has a great profitability rating, there are some minor concerns on its financial health. HLF is not valued too expensively and it also shows a decent growth rate.
1. HLF.CA Profitability Analysis
1.1 Basic Checks
- In the past year HLF was profitable.
- In the past year HLF had a positive cash flow from operations.
- In the past 5 years HLF has always been profitable.
- HLF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- HLF has a better Return On Assets (3.66%) than 63.16% of its industry peers.
- With a decent Return On Equity value of 8.34%, HLF is doing good in the industry, outperforming 63.16% of the companies in the same industry.
- The Return On Invested Capital of HLF (7.39%) is better than 78.95% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for HLF is significantly below the industry average of 96.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.66% | ||
| ROE | 8.34% | ||
| ROIC | 7.39% |
ROA(3y)5.44%
ROA(5y)5.03%
ROE(3y)12.56%
ROE(5y)12.06%
ROIC(3y)9.05%
ROIC(5y)8.8%
1.3 Margins
- HLF's Profit Margin of 3.48% is amongst the best of the industry. HLF outperforms 84.21% of its industry peers.
- HLF's Profit Margin has improved in the last couple of years.
- The Operating Margin of HLF (6.49%) is better than 78.95% of its industry peers.
- In the last couple of years the Operating Margin of HLF has grown nicely.
- HLF has a Gross Margin of 21.59%. This is in the better half of the industry: HLF outperforms 78.95% of its industry peers.
- HLF's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.49% | ||
| PM (TTM) | 3.48% | ||
| GM | 21.59% |
OM growth 3Y3.44%
OM growth 5Y7.37%
PM growth 3Y9.17%
PM growth 5Y41.82%
GM growth 3Y-0.02%
GM growth 5Y2.82%
2. HLF.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HLF is creating some value.
- Compared to 1 year ago, HLF has less shares outstanding
- HLF has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, HLF has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.55 indicates that HLF is not a great score, but indicates only limited risk for bankruptcy at the moment.
- HLF has a Altman-Z score of 2.55. This is in the better half of the industry: HLF outperforms 63.16% of its industry peers.
- A Debt/Equity ratio of 0.74 indicates that HLF is somewhat dependend on debt financing.
- HLF has a Debt to Equity ratio (0.74) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.55 |
ROIC/WACC0.97
WACC7.6%
2.3 Liquidity
- HLF has a Current Ratio of 2.66. This indicates that HLF is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.66, HLF is in the better half of the industry, outperforming 78.95% of the companies in the same industry.
- A Quick Ratio of 0.71 indicates that HLF may have some problems paying its short term obligations.
- HLF has a Quick ratio (0.71) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.66 | ||
| Quick Ratio | 0.71 |
3. HLF.CA Growth Analysis
3.1 Past
- HLF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.28%, which is quite good.
- The Earnings Per Share has been growing by 12.18% on average over the past years. This is quite good.
- Looking at the last year, HLF shows a small growth in Revenue. The Revenue has grown by 3.16% in the last year.
- The Revenue has been growing slightly by 0.36% on average over the past years.
EPS 1Y (TTM)11.28%
EPS 3Y5.66%
EPS 5Y12.18%
EPS Q2Q%-30%
Revenue 1Y (TTM)3.16%
Revenue growth 3Y3.09%
Revenue growth 5Y0.36%
Sales Q2Q%8.62%
3.2 Future
- HLF is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.43% yearly.
- Based on estimates for the next years, HLF will show a small growth in Revenue. The Revenue will grow by 5.73% on average per year.
EPS Next Y-15.05%
EPS Next 2Y-1.86%
EPS Next 3Y1.43%
EPS Next 5YN/A
Revenue Next Year8.19%
Revenue Next 2Y7.16%
Revenue Next 3Y5.73%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. HLF.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 8.14, the valuation of HLF can be described as reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of HLF indicates a rather cheap valuation: HLF is cheaper than 100.00% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of HLF to the average of the S&P500 Index (27.03), we can say HLF is valued rather cheaply.
- A Price/Forward Earnings ratio of 8.28 indicates a reasonable valuation of HLF.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of HLF indicates a rather cheap valuation: HLF is cheaper than 94.74% of the companies listed in the same industry.
- HLF is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.14 | ||
| Fwd PE | 8.28 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HLF indicates a somewhat cheap valuation: HLF is cheaper than 78.95% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.47 |
4.3 Compensation for Growth
- The decent profitability rating of HLF may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.67
EPS Next 2Y-1.86%
EPS Next 3Y1.43%
5. HLF.CA Dividend Analysis
5.1 Amount
- HLF has a Yearly Dividend Yield of 4.35%, which is a nice return.
- Compared to an average industry Dividend Yield of 1.65, HLF pays a better dividend. On top of this HLF pays more dividend than 89.47% of the companies listed in the same industry.
- HLF's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
5.2 History
- The dividend of HLF decreases each year by -0.71%.
- HLF has paid a dividend for at least 10 years, which is a reliable track record.
- HLF has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.71%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- 42.71% of the earnings are spent on dividend by HLF. This is a bit on the high side, but may be sustainable.
DP42.71%
EPS Next 2Y-1.86%
EPS Next 3Y1.43%
HLF.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:HLF (3/4/2026, 7:00:00 PM)
16.44
-0.17 (-1.02%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)02-25 2026-02-25
Earnings (Next)05-13 2026-05-13
Inst Owners15.32%
Inst Owner ChangeN/A
Ins Owners5.52%
Ins Owner ChangeN/A
Market Cap469.53M
Revenue(TTM)991.70M
Net Income(TTM)34.46M
Analysts75.56
Price Target17.34 (5.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
Yearly Dividend0.59
Dividend Growth(5Y)-0.71%
DP42.71%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.01%
Min EPS beat(2)-51.79%
Max EPS beat(2)-8.23%
EPS beat(4)2
Avg EPS beat(4)5.55%
Min EPS beat(4)-51.79%
Max EPS beat(4)76.5%
EPS beat(8)5
Avg EPS beat(8)14.32%
EPS beat(12)7
Avg EPS beat(12)9.31%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-0.7%
Min Revenue beat(2)-0.99%
Max Revenue beat(2)-0.42%
Revenue beat(4)1
Avg Revenue beat(4)0.87%
Min Revenue beat(4)-3.46%
Max Revenue beat(4)8.36%
Revenue beat(8)2
Avg Revenue beat(8)-0.74%
Revenue beat(12)3
Avg Revenue beat(12)-1.31%
Revenue beat(16)6
Avg Revenue beat(16)-0.09%
PT rev (1m)-7.61%
PT rev (3m)-7.61%
EPS NQ rev (1m)-2.22%
EPS NQ rev (3m)-2.22%
EPS NY rev (1m)0%
EPS NY rev (3m)-19.01%
Revenue NQ rev (1m)-0.94%
Revenue NQ rev (3m)-0.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.14 | ||
| Fwd PE | 8.28 | ||
| P/S | 0.35 | ||
| P/FCF | N/A | ||
| P/OCF | 381.55 | ||
| P/B | 0.83 | ||
| P/tB | 2.7 | ||
| EV/EBITDA | 7.47 |
EPS(TTM)2.02
EY12.29%
EPS(NY)1.99
Fwd EY12.08%
FCF(TTM)-1.94
FCFYN/A
OCF(TTM)0.04
OCFY0.26%
SpS47.42
BVpS19.76
TBVpS6.09
PEG (NY)N/A
PEG (5Y)0.67
Graham Number29.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.66% | ||
| ROE | 8.34% | ||
| ROCE | 8.38% | ||
| ROIC | 7.39% | ||
| ROICexc | 7.39% | ||
| ROICexgc | 11.78% | ||
| OM | 6.49% | ||
| PM (TTM) | 3.48% | ||
| GM | 21.59% | ||
| FCFM | N/A |
ROA(3y)5.44%
ROA(5y)5.03%
ROE(3y)12.56%
ROE(5y)12.06%
ROIC(3y)9.05%
ROIC(5y)8.8%
ROICexc(3y)9.16%
ROICexc(5y)8.97%
ROICexgc(3y)15.19%
ROICexgc(5y)15.84%
ROCE(3y)10.9%
ROCE(5y)10.38%
ROICexgc growth 3Y2.62%
ROICexgc growth 5Y4.6%
ROICexc growth 3Y5.57%
ROICexc growth 5Y7.17%
OM growth 3Y3.44%
OM growth 5Y7.37%
PM growth 3Y9.17%
PM growth 5Y41.82%
GM growth 3Y-0.02%
GM growth 5Y2.82%
F-Score4
Asset Turnover1.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.44 | ||
| Cap/Depr | 172.65% | ||
| Cap/Sales | 4.18% | ||
| Interest Coverage | 3.89 | ||
| Cash Conversion | 1.02% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.66 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 2.55 |
F-Score4
WACC7.6%
ROIC/WACC0.97
Cap/Depr(3y)87.81%
Cap/Depr(5y)78.02%
Cap/Sales(3y)2.06%
Cap/Sales(5y)1.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.28%
EPS 3Y5.66%
EPS 5Y12.18%
EPS Q2Q%-30%
EPS Next Y-15.05%
EPS Next 2Y-1.86%
EPS Next 3Y1.43%
EPS Next 5YN/A
Revenue 1Y (TTM)3.16%
Revenue growth 3Y3.09%
Revenue growth 5Y0.36%
Sales Q2Q%8.62%
Revenue Next Year8.19%
Revenue Next 2Y7.16%
Revenue Next 3Y5.73%
Revenue Next 5YN/A
EBIT growth 1Y-11.14%
EBIT growth 3Y6.64%
EBIT growth 5Y7.76%
EBIT Next Year14.87%
EBIT Next 3Y8.57%
EBIT Next 5Y9.08%
FCF growth 1Y-217.59%
FCF growth 3Y99.58%
FCF growth 5Y8.22%
OCF growth 1Y-98.41%
OCF growth 3Y46.69%
OCF growth 5Y11.91%
HIGH LINER FOODS INC / HLF.CA FAQ
Can you provide the ChartMill fundamental rating for HIGH LINER FOODS INC?
ChartMill assigns a fundamental rating of 5 / 10 to HLF.CA.
What is the valuation status for HLF stock?
ChartMill assigns a valuation rating of 5 / 10 to HIGH LINER FOODS INC (HLF.CA). This can be considered as Fairly Valued.
What is the profitability of HLF stock?
HIGH LINER FOODS INC (HLF.CA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of HIGH LINER FOODS INC (HLF.CA) stock?
The Price/Earnings (PE) ratio for HIGH LINER FOODS INC (HLF.CA) is 8.14 and the Price/Book (PB) ratio is 0.83.
What is the earnings growth outlook for HIGH LINER FOODS INC?
The Earnings per Share (EPS) of HIGH LINER FOODS INC (HLF.CA) is expected to decline by -15.05% in the next year.