High Liner Foods Incorporated processes and markets prepared and packaged frozen seafood products in the United States and Canada.
Fair value with moderate growth potential.
Share Price & News
How has High Liner Foods's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HLF has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HLF matched the Canadian Food industry which returned -19.4% over the past year.
Return vs Market: HLF underperformed the Canadian Market which returned -11.5% over the past year.
Price Volatility Vs. Market
How volatile is High Liner Foods's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StRead This Before Considering High Liner Foods Incorporated (TSE:HLF) For Its Upcoming US$0.05 Dividend
1 week ago | Simply Wall StCalculating The Fair Value Of High Liner Foods Incorporated (TSE:HLF)
3 weeks ago | Simply Wall StKey Things To Consider Before Buying High Liner Foods Incorporated (TSE:HLF) For Its Dividend
Is High Liner Foods undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HLF (CA$6.69) is trading below our estimate of fair value (CA$7.12)
Significantly Below Fair Value: HLF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HLF is poor value based on its PE Ratio (16.8x) compared to the Food industry average (16.6x).
PE vs Market: HLF is poor value based on its PE Ratio (16.8x) compared to the Canadian market (12.7x).
Price to Earnings Growth Ratio
PEG Ratio: HLF is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: HLF is good value based on its PB Ratio (0.6x) compared to the CA Food industry average (1.5x).
How is High Liner Foods forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HLF's forecast earnings growth (47.2% per year) is above the savings rate (1.7%).
Earnings vs Market: HLF's earnings (47.2% per year) are forecast to grow faster than the Canadian market (23.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HLF's revenue (1.1% per year) is forecast to grow slower than the Canadian market (5.9% per year).
High Growth Revenue: HLF's revenue (1.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HLF's Return on Equity is forecast to be high in 3 years time
How has High Liner Foods performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HLF has a large one-off loss of $11.0M impacting its March 28 2020 financial results.
Growing Profit Margin: HLF's current net profit margins (1%) are lower than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: HLF's earnings have declined by -14.3% per year over the past 5 years.
Accelerating Growth: HLF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HLF had negative earnings growth (-54.1%) over the past year, making it difficult to compare to the Food industry average (-18.8%).
Return on Equity
High ROE: HLF's Return on Equity (3.6%) is considered low.
How is High Liner Foods's financial position?
Financial Position Analysis
Short Term Liabilities: HLF's short term assets ($364.7M) exceed its short term liabilities ($170.6M).
Long Term Liabilities: HLF's short term assets ($364.7M) exceed its long term liabilities ($348.0M).
Debt to Equity History and Analysis
Debt Level: HLF's debt to equity ratio (130.3%) is considered high.
Reducing Debt: HLF's debt to equity ratio has reduced from 174.4% to 130.3% over the past 5 years.
Debt Coverage: HLF's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: HLF's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is High Liner Foods's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HLF's dividend (2.83%) is higher than the bottom 25% of dividend payers in the Canadian market (2.04%).
High Dividend: HLF's dividend (2.83%) is low compared to the top 25% of dividend payers in the Canadian market (6.39%).
Stability and Growth of Payments
Stable Dividend: HLF's dividend payments have been volatile in the past 10 years.
Growing Dividend: HLF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.8%), HLF's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rod Hepponstall (52yo)
Mr. Rodney W. Hepponstall, also known as Rod, has been President and Chief Executive Officer at High Liner Foods Incorporated since May 1, 2018 and has been its Director since 2018. Mr. Hepponstall had ser ...
CEO Compensation Analysis
Compensation vs Market: Rod's total compensation ($USD2.61M) is above average for companies of similar size in the Canadian market ($USD728.98K).
Compensation vs Earnings: Insufficient data to compare Rod's compensation with company performance.
|Executive VP & CFO||6.17yrs||US$903.15k||0.026% $57.0k|
|Executive VP of Corporate Affairs||8yrs||US$588.45k||0.0075% $16.5k|
|Senior Vice President of Marketing & Innovation||2.33yrs||US$555.40k||no data|
|Executive VP & Chief Supply Chain Officer||20.33yrs||US$777.39k||0.13% $294.0k|
|Vice President of Investor Relations & Communications||no data||no data||0.0073% $16.2k|
|Director of Sales & Operations Planning||no data||no data||no data|
|Vice President of Human Resources||1.08yrs||no data||no data|
|Senior Vice President of Supply Chain||0.67yr||no data||no data|
|President of Rubicon Resources||no data||US$591.25k||2.43% $5.4m|
Experienced Management: HLF's management team is considered experienced (2.3 years average tenure).
|Independent Director||36.33yrs||US$79.41k||0.70% $1.5m|
|Independent Director||8yrs||US$73.82k||0.019% $41.6k|
|Independent Chairman||1yr||US$115.93k||0.28% $612.5k|
|Independent Director||28.33yrs||US$73.82k||1.47% $3.2m|
|Independent Director||7.42yrs||US$85.12k||0.034% $73.8k|
|Independent Director||3yrs||US$97.98k||0.015% $33.0k|
|Independent Director||6.33yrs||US$80.93k||0.030% $66.1k|
|Independent Director||5.5yrs||US$76.19k||0.077% $168.9k|
|Independent Director||no data||US$19.15k||no data|
Experienced Board: HLF's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HLF insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
High Liner Foods Incorporated's company bio, employee growth, exchange listings and data sources
- Name: High Liner Foods Incorporated
- Ticker: HLF
- Exchange: TSX
- Founded: 1899
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: CA$220.268m
- Shares outstanding: 33.32m
- Website: https://www.highlinerfoods.com
Number of Employees
- High Liner Foods Incorporated
- 100 Battery Point
- PO Box 910
- Nova Scotia
- B0J 2C0
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HLF||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jan 1986|
|HLNF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1986|
|28Y||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1986|
High Liner Foods Incorporated processes and markets prepared and packaged frozen seafood products in the United States and Canada. The company provides a range of frozen seafood products, such as raw fillets and shellfishes; cooked shellfishes; and value-added products comprising sauced, glazed, breaded, and battered seafood products, as well as seafood entrées. It also produces breaded cheese sticks and breaded chicken; and imports and distributes frozen shrimp products. The company markets its products under the High Liner, Fisher Boy, Sea Cuisine, Catch of the Day, High Liner Foodservice, Mirabel, Icelandic Seafood, and FPI brand names. It sells its products directly, as well as through distributors to retail and club stores; and through foodservice distributors to hotels, restaurants, and healthcare and educational organizations. High Liner Foods Incorporated was founded in 1899 and is headquartered in Lunenburg, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/30 03:25|
|End of Day Share Price||2020/05/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.