High Liner Foods Incorporated processes and markets prepared and packaged frozen seafood products in North America.
High Liner Foods Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$13.28|
|52 Week High||CA$8.45|
|52 Week Low||CA$14.13|
|1 Month Change||0.23%|
|3 Month Change||-0.97%|
|1 Year Change||39.94%|
|3 Year Change||59.81%|
|5 Year Change||-46.88%|
|Change since IPO||32.80%|
Recent News & Updates
|HLF||CA Food||CA Market|
Return vs Industry: HLF exceeded the Canadian Food industry which returned 5.3% over the past year.
Return vs Market: HLF exceeded the Canadian Market which returned 36.5% over the past year.
Stable Share Price: HLF is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HLF's weekly volatility (3%) has been stable over the past year.
About the Company
High Liner Foods Incorporated processes and markets prepared and packaged frozen seafood products in North America. 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 offers frozen shrimp products.
High Liner Foods Fundamentals Summary
|HLF fundamental statistics|
Is HLF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HLF income statement (TTM)|
|Cost of Revenue||US$641.78m|
Last Reported Earnings
Jul 03, 2021
Next Earnings Date
Nov 17, 2021
|Earnings per share (EPS)||1.11|
|Net Profit Margin||4.48%|
How did HLF perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
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$13.28) is trading below our estimate of fair value (CA$32.96)
Significantly Below Fair Value: HLF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HLF is good value based on its PE Ratio (9.7x) compared to the Canadian Food industry average (18.3x).
PE vs Market: HLF is good value based on its PE Ratio (9.7x) compared to the Canadian market (13.5x).
Price to Earnings Growth Ratio
PEG Ratio: HLF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HLF is good value based on its PB Ratio (1.1x) compared to the CA Food industry average (2.9x).
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 earnings are forecast to decline over the next 3 years (-3.6% per year).
Earnings vs Market: HLF's earnings are forecast to decline over the next 3 years (-3.6% per year).
High Growth Earnings: HLF's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HLF's revenue (3.9% per year) is forecast to grow slower than the Canadian market (6.7% per year).
High Growth Revenue: HLF's revenue (3.9% 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 high quality earnings.
Growing Profit Margin: HLF's current net profit margins (4.5%) are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: HLF's earnings have declined by 7.9% per year over the past 5 years.
Accelerating Growth: HLF's earnings growth over the past year (194%) exceeds its 5-year average (-7.9% per year).
Earnings vs Industry: HLF earnings growth over the past year (194%) exceeded the Food industry 41.8%.
Return on Equity
High ROE: HLF's Return on Equity (11.5%) is considered low.
How is High Liner Foods's financial position?
Financial Position Analysis
Short Term Liabilities: HLF's short term assets ($340.4M) exceed its short term liabilities ($132.5M).
Long Term Liabilities: HLF's short term assets ($340.4M) exceed its long term liabilities ($307.8M).
Debt to Equity History and Analysis
Debt Level: HLF's debt to equity ratio (77.8%) is considered high.
Reducing Debt: HLF's debt to equity ratio has reduced from 135.2% to 77.8% over the past 5 years.
Debt Coverage: HLF's debt is well covered by operating cash flow (40.4%).
Interest Coverage: HLF's interest payments on its debt are well covered by EBIT (3.4x coverage).
What is High Liner Foods's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HLF's dividend (2.03%) is higher than the bottom 25% of dividend payers in the Canadian market (1.56%).
High Dividend: HLF's dividend (2.03%) is low compared to the top 25% of dividend payers in the Canadian market (4.49%).
Stability and Growth of Payments
Stable Dividend: HLF's dividend payments have been volatile in the past 10 years.
Growing Dividend: HLF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.5%), HLF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rod Hepponstall (54 yo)
Mr. Rodney W. Hepponstall, also known as Rod, has been President and Chief Executive Officer at High Liner Foods Incorporated since May 1, 2018 and has been its Director since 2018. Mr. Hepponstall had ser...
CEO Compensation Analysis
Compensation vs Market: Rod's total compensation ($USD2.37M) is above average for companies of similar size in the Canadian market ($USD805.41K).
Compensation vs Earnings: Rod's compensation has been consistent with company performance over the past year.
Experienced Management: HLF's management team is considered experienced (3.4 years average tenure).
Experienced Board: HLF's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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 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$442.951m
- Shares outstanding: 33.35m
- Website: https://www.highlinerfoods.com
Number of Employees
- High Liner Foods Incorporated
- 100 Battery Point
- PO Box 910
- Nova Scotia
- B0J 2C0
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 22:34|
|End of Day Share Price||2021/10/26 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.