Employees: 1,206
Size High Liner Foods (HLF.TO) is a Canada Consumer Staples company (Food: Meat/Fish/Dairy) with a market value of $536M, the 332nd largest of 420 Canada companies the cockpit tracks. Shares closed at C$26.82 on 6 Nov 2026.
Performance Over six months the shares gained 90.8%, against -6.3% for the median peer and +5.2% for the Canada market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 14.2% over the last twelve months (peer median +8.2%); the operating margin is 5.1% (peer median 3.0%).
Valuation It trades at 8.7× forward earnings against a peer median of 27.1× (3rd cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -2 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.0 points above its cost of capital (5.7% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$1.55B | C$1.43B | C$1.31B | C$1.46B | C$1.39B |
| Revenue growth | — | +9% | -10% | +5% | — |
| Gross profit | C$275M | C$277M | C$280M | C$270M | C$278M |
| EBITDA | C$115M | C$123M | C$132M | C$124M | C$129M |
| Net income | C$35.8M | C$51.1M | C$82.4M | C$42.8M | C$71.3M |
| Free cash flow | C$11.1M | -C$10.8M | C$91.5M | C$216M | -C$126M |
| Capital expenditure | C$55.5M | C$54.1M | C$32.6M | C$25.7M | C$26.9M |
| Total debt | C$464M | C$409M | C$329M | C$334M | C$516M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HLF.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +87.0% | -1.4% | highest of 21 |
| 6-month return | +90.8% | -6.3% | highest of 21 |
| Distance from 52-week high | -0.3% | -23.2% | 2nd highest of 21 |
| Revenue growth (TTM) | +14.2% | +8.2% | 6th highest of 21 |
| Operating margin | 5.1% | 3.0% | 6th highest of 21 |
| Forward P/E | 8.7× | 27.1× | 3rd cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 3.5% | 17.4% | 4th least demanding of 10 |
| Growth delivered (Del g) | +5.3% | +6.2% | 5th lowest of 10 |
| Hurdle (Req g minus delivered) | -1.8 pp | +5.9 pp | 5th least demanding of 10 |
| ROIC minus cost of capital | +0.0 pp | -0.7 pp | 9th highest of 21 |
| EV / EBITDA | 10.4× | 17.1× | 3rd cheapest of 10 |
| Net debt / EBITDA | 3.9× | 0.7× | 4th most indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| High Liner Foods HLF.TO | Canada | $536M | +91% | +14% | 5% | 8.7× | 3.5% | +5.3% |
| Australian Agricultural AAC.AX | Australia | $553M | +2% | +9% | -47% | 94.6× | n/a | n/a |
| Masoval AS MAS.OL | Norway | $508M | +16% | -1% | 4% | 45.6× | 28.2% | +22.3% |
| Henan Huaying Agricultural Development 002321.SZ | China | $569M | -16% | +24% | 1% | n/a | n/a | n/a |
| Starzen 8043.T | Japan | $574M | +36% | +4% | 2% | 9.4× | n/a | n/a |
| Binggrae 005180.KS | South Korea | $472M | +9% | +4% | 9% | 6.3× | n/a | n/a |
| Xinjiang Terun Dairy 600419.SS | China | $465M | +2% | +5% | 5% | 26.8× | -4.3% | +9.4% |
| Dodla Dairy DODLA.NS | India | $625M | -14% | +17% | 4% | 28.6× | 33.7% | +16.2% |
| Mama's Creations MAMA | United States | $632M | +2% | +54% | 5% | 46.4× | 17.6% | +33.3% |
| HaiXin Foods 002702.SZ | China | $444M | -10% | +11% | -1% | n/a | 22.8% | -1.0% |
| Parag Milk Foods PARAGMILK.NS | India | $435M | +42% | +13% | 5% | 27.6× | n/a | n/a |
| Hunan Xiangjia Animal Husbandry 002982.SZ | China | $425M | -4% | +8% | 2% | 69.8× | n/a | n/a |
| Beingmate 002570.SZ | China | $680M | -16% | -4% | 3% | 28.3× | 11.8% | +0.8% |
| Prima Meat Packers,Ltd 2281.T | Japan | $724M | -9% | +5% | 2% | 12.8× | -1.2% | +1.9% |
| Heritage Foods HERITGFOOD.NS | India | $366M | +2% | +14% | 3% | 27.1× | n/a | n/a |
| Panda Dairy 300898.SZ | China | $356M | -20% | +15% | 10% | 18.8× | 17.4% | +3.4% |
| Xinjiang Talimu Agriculture Development 600359.SS | China | $348M | -20% | -20% | -5% | n/a | n/a | n/a |
| Kyokuyo 1301.T | Japan | $331M | -3% | +11% | 3% | n/a | n/a | n/a |
| Savencia SAVE.PA | France | $871M | -11% | -2% | 3% | 5.4× | -3.8% | +6.2% |
| Lifeway Foods LWAY | United States | $327M | -15% | +26% | 6% | 27.1× | n/a | n/a |
| Marudai Food 2288.T | Japan | $325M | -10% | +1% | 3% | n/a | n/a | n/a |