Canada · Delayed Price · Currency is CAD Headwater Exploration Statistics
Total Valuation
TSX:HWX has a market cap or net worth of CAD 3.04 billion. The enterprise value is 2.94 billion.
| Market Cap | 3.04B |
| Enterprise Value | 2.94B |
Important Dates
The last earnings date was Tuesday, March 10, 2026.
| Earnings Date | Mar 10, 2026 |
| Ex-Dividend Date | Mar 31, 2026 |
Share Statistics
TSX:HWX has 237.76 million shares outstanding. The number of shares has increased by 1.45% in one year.
| Current Share Class | 237.76M |
| Shares Outstanding | 237.76M |
| Shares Change (YoY) | +1.45% |
| Shares Change (QoQ) | +0.17% |
| Owned by Insiders (%) | 6.26% |
| Owned by Institutions (%) | 33.27% |
| Float | 222.87M |
Valuation Ratios
The trailing PE ratio is 19.98 and the forward PE ratio is 23.69.
| PE Ratio | 19.98 |
| Forward PE | 23.69 |
| PS Ratio | 5.91 |
| PB Ratio | 4.06 |
| P/TBV Ratio | 4.06 |
| P/FCF Ratio | 44.17 |
| P/OCF Ratio | 10.23 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.01, with an EV/FCF ratio of 42.75.
| EV / Earnings | 19.21 |
| EV / Sales | 5.72 |
| EV / EBITDA | 9.01 |
| EV / EBIT | 14.75 |
| EV / FCF | 42.75 |
Financial Position
The company has a current ratio of 1.23, with a Debt / Equity ratio of 0.00.
| Current Ratio | 1.23 |
| Quick Ratio | 1.19 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | 0.01 |
| Debt / FCF | 0.03 |
| Interest Coverage | 184.38 |
Financial Efficiency
Return on equity (ROE) is 21.17% and return on invested capital (ROIC) is 23.58%.
| Return on Equity (ROE) | 21.17% |
| Return on Assets (ROA) | 12.80% |
| Return on Invested Capital (ROIC) | 23.58% |
| Return on Capital Employed (ROCE) | 23.01% |
| Weighted Average Cost of Capital (WACC) | 10.21% |
| Revenue Per Employee | 13.19M |
| Profits Per Employee | 3.93M |
| Employee Count | 39 |
| Asset Turnover | 0.53 |
| Inventory Turnover | 116.43 |
Taxes
In the past 12 months, TSX:HWX has paid 48.82 million in taxes.
| Income Tax | 48.82M |
| Effective Tax Rate | 24.16% |
Stock Price Statistics
The stock price has increased by +99.21% in the last 52 weeks. The beta is 1.08, so TSX:HWX's price volatility has been similar to the market average.
| Beta (5Y) | 1.08 |
| 52-Week Price Change | +99.21% |
| 50-Day Moving Average | 11.60 |
| 200-Day Moving Average | 8.61 |
| Relative Strength Index (RSI) | 58.89 |
| Average Volume (20 Days) | 985,932 |
Short Selling Information
The latest short interest is 1.91 million, so 0.80% of the outstanding shares have been sold short.
| Short Interest | 1.91M |
| Short Previous Month | 2.26M |
| Short % of Shares Out | 0.80% |
| Short % of Float | 0.86% |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, TSX:HWX had revenue of CAD 514.29 million and earned 153.21 million in profits. Earnings per share was 0.64.
| Revenue | 514.29M |
| Gross Profit | 382.09M |
| Operating Income | 199.50M |
| Pretax Income | 202.03M |
| Net Income | 153.21M |
| EBITDA | 326.54M |
| EBIT | 199.50M |
| Earnings Per Share (EPS) | 0.64 |
Balance Sheet
The company has 99.66 million in cash and 2.28 million in debt, with a net cash position of 97.37 million or 0.41 per share.
| Cash & Cash Equivalents | 99.66M |
| Total Debt | 2.28M |
| Net Cash | 97.37M |
| Net Cash Per Share | 0.41 |
| Equity (Book Value) | 748.16M |
| Book Value Per Share | 3.15 |
| Working Capital | 29.95M |
Cash Flow
In the last 12 months, operating cash flow was 297.14 million and capital expenditures -228.29 million, giving a free cash flow of 68.85 million.
| Operating Cash Flow | 297.14M |
| Capital Expenditures | -228.29M |
| Depreciation & Amortization | 127.04M |
| Net Borrowing | -2.26M |
| Free Cash Flow | 68.85M |
| FCF Per Share | 0.29 |
Margins
Gross margin is 74.29%, with operating and profit margins of 38.79% and 29.79%.
| Gross Margin | 74.29% |
| Operating Margin | 38.79% |
| Pretax Margin | 39.28% |
| Profit Margin | 29.79% |
| EBITDA Margin | 63.49% |
| EBIT Margin | 38.79% |
| FCF Margin | 13.39% |
Dividends & Yields
This stock pays an annual dividend of 0.44, which amounts to a dividend yield of 3.40%.
| Dividend Per Share | 0.44 |
| Dividend Yield | 3.40% |
| Dividend Growth (YoY) | 7.32% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 66.81% |
| Buyback Yield | -1.45% |
| Shareholder Yield | 1.94% |
| Earnings Yield | 5.04% |
| FCF Yield | 2.26% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
TSX:HWX has an Altman Z-Score of 5.64 and a Piotroski F-Score of 4.
| Altman Z-Score | 5.64 |
| Piotroski F-Score | 4 |