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High Liner Foods Incorporated (HLF) Fair Value & Analysis

Consumer Defensive · CA · Market cap C$407M

HL High Liner Foods Incorporated HLF · TO
PriceC$14.47
Fair ValueC$22.85
Upside+57.9%
Quality95/100
Evidence: High Range C$16.00 – C$29.71

Fair value as of: Jun 24, 2026

From 16 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from C$13.28 to C$22.85 (+72.1%) since Jun 23, 2026. Share price +2.7% over the past month.

Price vs Fair Value (12 months)

C$17.34 C$12.34 Fair Value C$22.85 Jun 2025 Jun 2026

12‑month range C$12.34 – C$17.34 · fair‑value band C$16.00 – C$29.71 · the C$14.47 price screens below the C$22.85 fair value. As of Jun 24, 2026.

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Analysis

High Liner Foods Incorporated (HLF) currently trades at C$14.47, while our model-based Fair Value estimate is C$22.85 — implying the stock looks roughly 57.9% undervalued today. We read business quality at 95/100 (high quality), in the Consumer Defensive 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: high) — always confirm before acting.

Over the trailing twelve months, High Liner Foods Incorporated generated revenue of C$1.1B at a net margin of 2.7%. Revenue grew 24.8% year over year. It earns a return on equity of 7.1%. Net debt stands at C$300M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) C$1.1B
Revenue growth (YoY) +24.8%
Net margin 2.7%
Return on equity 7.1%
Free cash flow −C$7.8M FY2025
P/E ratio 10.7
More key figures
Operating margin 6.5%
EPS (TTM) C$1.36
Dividend yield 2.6%
EPS growth (YoY) -46.7%
Net debt C$300M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

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, including raw fillets and shellfish, and cooked shellfish; and value-added products, such as sauced, glazed, breaded and battered seafood, seafood entrees, and breaded cheese sticks under the High Liner, Fisher Boy, Sea Cuisine, C. Wirthy, Mirabel, Mrs. Paul's, Van de Kamp's, Signature, Catch of the Day, Icelandic Seafood, and FPI brands. It sells its products through distributors to retail and club stores; and foodservice distributors to hotels, restaurants, and healthcare and educational organizations, as well as through its website. High Liner Foods Incorporated was founded in 1899 and is headquartered in Lunenburg, Canada.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

High Liner Foods Incorporated reported revenue of C$1.0B in FY2025 versus C$875M in FY2021, a compound +4.5%/yr. Reported net income was C$37.2M in FY2025, compounding −3.1%/yr from FY2021.

Revenue +4.5%/yr
FY21 C$875M
FY22 C$1.1B
FY23 C$1.1B
FY24 C$959M
FY25 C$1.0B
Net income −3.1%/yr
FY21 C$42.2M
FY22 C$54.7M
FY23 C$31.7M
FY24 C$60.2M
FY25 C$37.2M

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Frequently asked questions

Is High Liner Foods Incorporated (HLF) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$22.85 versus a price of C$14.47 — about +58% (undervalued). Model-based estimate, not financial advice.
What is the fair value of HLF?
Our 21-model fair value for High Liner Foods Incorporated is C$22.85 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$14.47.
What is the quality score of HLF?
High Liner Foods Incorporated has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of High Liner Foods Incorporated (HLF)?
High Liner Foods Incorporated reported trailing-twelve-month revenue of about C$1.1B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of HLF?
The net profit margin of High Liner Foods Incorporated is about 2.7%, meaning it keeps roughly 2.7% of revenue as net income. Based on the latest reported figures.
Does High Liner Foods Incorporated pay a dividend?
High Liner Foods Incorporated currently shows a dividend yield of about 2.64% relative to its recent price (as of Jun 24, 2026).

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.