HIGH LINER chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 29.28
Dividend & Yield0.40C$ (3.21%)
Beta 0.69
Market capitalization 421.35M
Operating cash flow -14.2M
ESG Scores unknown

Company description

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, including raw fillets and shellfish, cooked shellfish; and value added products, which include sauced, glazed, breaded and battered seafood, seafood entrees, and breaded cheese sticks, including High Liner, Fisher Boy, Sea Cuisine, Catch of the Day, C.Wirthy & Co., High Liner Foodservice, Mirabel, Icelandic Seafood, and FPI brands. 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. The company was founded in 1899 and is headquartered in Lunenburg, Canada.

Sector: Consumer Defensive - Industry: Packaged Foods

Financial Ratios
Quick Ratio0.52
Working Capital0.19
Return On Equity0.13
Debt To Equity0.74
Fixed Asset Ratio0.21
Fixed Interest Cover3.92

Financial data

Financial Statements

Cashflow Statement 2018-12-29 2019-12-28 2021-01-02 2022-01-01
Change To Liabilities -45.98M -18.39M -30.97M 45.49M
Total Cashflows From Investing Activities -13.84M -6.57M -8.95M -20.32M
Net Borrowings -21.98M -36.94M -58M -30.88M
Total Cash From Financing Activities -36.94M -50.7M -63.86M -41.42M
Change To Operating Activities 191k -1.06M 3.25M -2.41M
Issuance Of Stock 24k
Net Income 16.78M 10.29M 28.8M 42.25M
Change In Cash 4.83M -6.42M 29.79M -32.49M
Effect Of Exchange Rate -1.32M -756k -395k 563k
Total Cash From Operating Activities 56.93M 51.61M 103M 28.68M
Depreciation 17.17M 21.43M 22.08M 21.8M
Change To Account Receivables 5.67M 212k 24.32M -26.6M
Other Cashflows From Financing Activities -325k -6.34M -54k -1.02M
Change To Netincome 17.07M 26.93M 7.22M 2.73M
Capital Expenditures -13.96M -6.57M -8.95M -20.32M

Income Statement 2018-12-29 2019-12-28 2021-01-02 2022-01-01
Research Development
Income Before Tax 22.87M 14.52M 36.67M 49.08M
Net Income 16.78M 10.29M 28.8M 42.25M
Selling General Administrative 144.74M 135.47M 117.44M 138.22M
Gross Profit 188.18M 185.86M 177.95M 198.58M
Ebit 43.43M 50.39M 60.51M 60.36M
Operating Income 43.43M 50.39M 60.51M 60.36M
Interest Expense -21.41M -22.15M -19.46M -15.41M
Income Tax Expense 6.09M 4.24M 7.87M 6.83M
Total Revenue 1.05B 942.22M 827.45M 875.4M
Cost Of Revenue 860.36M 756.36M 649.5M 676.83M
Total Other Income ExpenseNet -20.57M -35.86M -23.83M -11.27M
Net Income From Continuing Ops 16.78M 10.29M 28.8M 42.25M
Net Income Applicable To Common Shares 16.78M 10.29M 28.8M 42.25M

Balance Sheet Statement 2018-12-29 2019-12-28 2021-01-02 2022-01-01
Total Liabilities 573.3M 552.32M 485.56M 493.94M
Total Stockholder Equity 263.86M 268.17M 291M 332.52M
Other Current Liabilities 6.94M 6.87M 10.45M 3.06M
Total Assets 837.15M 820.49M 776.56M 826.47M
Common Stock 112.89M 112.89M 112.74M 113.46M
Other Current Assets 2.5M 236k 211k 540k
Retained Earnings 161.38M 162.77M 183.65M 219.97M
Treasury Stock -25.76M -23.52M -21.94M -18.38M
Cash 9.57M 3.14M 32.94M 443k
Total Current Liabilities 209.48M 209.63M 152.56M 187.03M
Other Stockholder Equity -25.76M -23.52M -21.94M -18.38M
Property, Plant, and Equipment 114.37M 120.78M 122.24M 126.89M
Total Current Assets 409.1M 391.2M 351.72M 405.58M
Net Tangible Assets -48.8M -38.18M -8.86M 39.56M
Net Receivables 91.28M 88.58M 63.54M 92.99M
Accounts Payable 146.99M 122.5M 98.92M 149.47M


Insider Transactions

Here are the insider transactions of stock shares related to HIGH LINER:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Hennigar (David John)D2022-03-31Director of Issuer116.61k
Hennigar (David John)I2022-03-31Director of Issuer7.8k
Hennigar (David John)I2022-03-31Director of Issuer116.61k
Van Der Giesen (Ronald Johannes Andrianes)Exercise of options at price 10.05 per share.D2022-03-22Senior Officer of Issuer3.39k
Miller (Ralph Andy)Change in nature of ownership at price 10.03 per share.I2022-03-21Director of Issuer6.3k
Miller (Ralph Andy)Change in nature of ownership at price 10.03 per share.I2022-03-21Director of Issuer3.08k
Miller (Ralph Andy)Change in nature of ownership at price 10.03 per share.D2022-03-21Director of Issuer3.21k
Pace (Robert)I2022-03-14Director of Issuer49k
Pace (Robert)I2022-03-14Director of Issuer10.67k
Pace (Robert)D2022-03-14Director of Issuer49k
Pace (Robert)I2022-03-14Director of Issuer14.67k
Pace (Robert)I2022-03-14Director of Issuer4k
Hennigar (David John)Compensation to property at price 9.95 per share.I2022-03-04Director of Issuer110.47k
Jamieson, Shelly LAcquisition or disposition in the public market at price 9.84 per share.D2022-03-04Director of Issuer600
Hennigar, Geoffrey RichardCompensation to property at price 9.95 per share.I2022-03-04Director or Senior Officer of 10% Security Holder23.7k
Hennigar, Geoffrey RichardI2022-03-04Director or Senior Officer of 10% Security Holder43.9k
Hennigar, Laurie DeanCompensation to property at price 9.95 per share.I2022-03-04Director or Senior Officer of 10% Security Holder51.36k
Hennigar, Geoffrey RichardI2022-03-04Director or Senior Officer of 10% Security Holder43.9k
Hennigar (David John)Compensation to property at price 9.95 per share.I2022-03-04Director of Issuer7.5k
Hennigar, Colin DaleD2021-12-16Director or Senior Officer of 10% Security Holder
Rorabeck (Timothy)Acquisition or disposition in the public market at price 10.98 per share.I2021-12-06Senior Officer of Issuer2.5k
Rorabeck (Timothy)Acquisition or disposition in the public market at price 10.97 per share.I2021-12-06Senior Officer of Issuer2k
Jewer, Paul AllanAcquisition or disposition in the public market at price 10.73 per share.I2021-12-03Senior Officer of Issuer1k
Hennigar, Laurie DeanCompensation to property at price 11.21 per share.I2021-11-27Director or Senior Officer of 10% Security Holder24.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to HIGH LINER. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on HIGH LINER

Here is the result of two systematic investment strategies applied to HIGH LINER. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on HIGH LINER

The following chart shows the equity curve of the two systematic investment strategies applied to HIGH LINER:

HIGH LINER automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 25.06% on the backtest period.

Performance at glance

Performance

25.06 %

Latent gain

378.83 C$

Invested capital

1511.71 C$

Annualized return

6.05 %
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Momentum strategy results on HIGH LINER

This is the result of two momentum investment strategies applied to HIGH LINER. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on HIGH LINER

The following chart shows all the entries opened by the momentum investment system on HIGH LINER:

HIGH LINER momentum entries
  • The first momentum investment strategy would give 27.68% of return on HIGH LINER. That represents 1798.95C$ of latent gain with 6498.42C$ of employed capital.
  • The second momentum investment strategy would give 33.54% of return on HIGH LINER. That represents 1175.44C$ of latent gain with 3504.23C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

27.68 %

Latent gain

1798.95 C$

Invested capital

6498.42 C$

Annualized return

-2.22 %
Performance at glance (2Q Momentum)

Performance

33.54 %

Latent gain

1175.44 C$

Invested capital

3504.23 C$

Annualized return

9.16 %

Momentum equity curve on HIGH LINER

The following chart shows the equity curve of the two momentum strategies applied to HIGH LINER:

HIGH LINER momentum equity

Note: the dividends potentially given by HIGH LINER are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on HIGH LINER

The following chart shows the employed capital evolution of the two momentum strategies on HIGH LINER since the beginning:

HIGH LINER

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on HIGH LINER

Buy the dip entry openings on HIGH LINER

HIGH LINER

The performance achieved by the robo-advisor on HIGH LINER is -4.76%. That represents -71.19$ of latent gain with 1494.93C$ of employed capital. The following chart shows HIGH LINER stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of HIGH LINER, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-4.76 %

Latent gain

-71.19 C$

Invested capital

1494.93 C$

Annualized return

-2.22 %

Equity curve of the strategy applied to HIGH LINER

The following chart shows the result of the investment strategy applied to HIGH LINER:

HIGH LINER

Note: the dividends potentially given by HIGH LINER are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on HIGH LINER

The following chart shows the employed capital evolution since the beginning of the investment strategy on HIGH LINER:

HIGH LINER

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on HIGH LINER

In this section, I will compare the three previous investment strategies applied to HIGH LINER.

Equity curve comparison on HIGH LINER

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

HIGH LINER investment strategy comparison

Employed capital comparison on HIGH LINER

HIGH LINER investment comparison

Performance comparison on HIGH LINER

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 25.06% 378.83C$ 1511.71C$ 6.05%
Momentum 1 quarter 27.68% 1798.95C$ 6498.42C$ 7.1%
Momentum 2 quarters 33.54% 1175.44C$ 3504.23C$ 9.16%
Non-directional -4.76% -71.19C$ 1494.93C$ -2.22%
Annualized return comparison

Automatic investment

6.05 %

Momentum 1Q

9.16 %

Momentum 2Q

9.16 %

Non-directional

-2.22 %

Correlated stocks

Here are the most positively and negatively correlated stocks with HIGH LINER:

Positive correlations

Most correlated stocks this year

  • HIGH LINER

  • Most correlated stocks last 3 months

  • CANADIAN LIFE COMPANIES SPLIT CORP.
  • HIGH LINER

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between HIGH LINER and the other stocks. There may be false positives or some missing correlated stocks. If the price of HIGH LINER does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name HIGH LINER
    Country Canada
    City Lunenburg
    Address 100 Battery Point
    Phone
    Website www.highlinerfoods.com
    FullTime employees 1102
    Industry Packaged Foods
    Sector Consumer Defensive
    Exchange XTSE
    Ticker HLF.XTSE
    Market

    HIGH LINER ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown