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Haw Capital 2 Corp (HAW-P) Fair Value & Analysis

Financial Services · CA · Market cap C$210K

HC Haw Capital 2 Corp HAW-P · V
PriceC$0.0150
Fair ValueC$0.0158
Upside+5.3%
Quality49/100
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Thin margins · 0.0% net margin
negative free cash flow
Mixed vs. peers (5/9)
Narrow moat 2/100
Evidence: Low Range C$0.0143 – C$0.0158 Share as image

Fair value as of: Aug 14, 2026

From 1 valuation models · updated today

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • The models converge in a tight band (C$0.0143 to C$0.0158), unusually little disagreement for a valuation.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

C$0.2000 C$0.0050 Fair Value C$0.0158 Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 14, 2026.

How to read this chart

60‑month range C$0.0050 – C$0.2000 · fair‑value band C$0.0143 – C$0.0158 · the C$0.0150 price screens below the C$0.0158 fair value. Dashed = 300-day average. As of Aug 14, 2026.

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Analysis

Haw Capital 2 Corp (HAW-P) currently trades at C$0.0150, while our model-based Fair Value estimate is C$0.0158, implying the stock looks roughly 5.3% fairly valued today. The Quality Score stands at 49/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Trailing-twelve-month revenue stands at C$11.2K. Revenue declined 34.4% year over year. It earns a return on equity of -94.5%. Fundamentals as of Aug 14, 2026

Our scenario range runs from C$0.0143 (bear case) to C$0.0158 (bull case); at C$0.0150, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -63% fair-value upside, at 5%, HAW-P screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) C$0.0100 C$0.0100 C$0.0200 50
All 1 models by family
Asset-Based
NCAV (Graham) C$0.0100 C$0.0100 C$0.0200 50

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Key figures & financial health

Revenue (TTM) C$11.2K
Revenue growth (YoY) -34.4%
Return on equity -94.5%
Free cash flow −C$51.1K FY2025
EPS (TTM) C$-0.0100

Figures from reported company fundamentals · as of Aug 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 55 · Market factors (momentum, volatility) 56

Profitability 0
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Haw Capital 2 Corp. does not have significant operations. The company focuses on identifying and evaluating assets or businesses with a view to completing a Qualifying Transaction (QT). Haw Capital 2 Corp. was incorporated in 2019 and is headquartered in Calgary, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Haw Capital 2 Corp reported revenue of C$0 in FY2025 versus C$0 in FY2021. Reported net income was −C$271K in FY2025.

Revenue
FY21 C$0
FY22 C$0
FY23 C$0
FY24 C$0
FY25 C$0
Net income
FY21 −C$201K
FY22 −C$71.0K
FY23 −C$24.6K
FY24 −C$38.2K
FY25 −C$271K

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Cite: Fair Value Calculator (2026). "Haw Capital 2 Corp Fair Value". https://www.fairvalue-calculator.com/stock/HAW-P

Peer Group

Shell Companies · 79 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 55 · Above median
Fair Value upside +33% · Top 25%
Return on assets -47% · Bottom 25%
Net margin (TTM) 0% · Top 25%
Operating margin (TTM) 0% · Top 25%
Revenue growth -34% · Bottom 25%

Valuation Multiples vs Shell Companies median · lower = cheaper

P/B 0.61× · Cheaper than median
P/S (TTM) 13.50× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 78 · sector 0
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 0 · sector 100
DIVIDEND 0 · sector 0

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is Haw Capital 2 Corp (HAW-P) overvalued or undervalued?
As of Aug 14, 2026, our model estimates a fair value of C$0.0158 versus a price of C$0.0150, about +5% (fairly valued).
What is the fair value of HAW-P?
Our model-based fair value for Haw Capital 2 Corp is C$0.0158 (as of Aug 14, 2026), built from audited fundamentals. The current price is C$0.0150.
What is the quality score of HAW-P?
Haw Capital 2 Corp has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Haw Capital 2 Corp (HAW-P)?
Haw Capital 2 Corp reported trailing-twelve-month revenue of about C$11.2K (latest available figure, as of Aug 14, 2026).
What is the net profit margin of HAW-P?
The net profit margin of Haw Capital 2 Corp is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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