Headwater Exploration Inc. (TSX:HWX)

Headwater Exploration Statistics

Total Valuation

TSX:HWX has a market cap or net worth of CAD 1.42 billion. The enterprise value is 1.30 billion.

Market Cap	1.42B
Enterprise Value	1.30B

Important Dates

The last earnings date was Friday, May 9, 2025.

Earnings Date	May 9, 2025
Ex-Dividend Date	Jun 30, 2025

Share Statistics

TSX:HWX has 237.77 million shares outstanding. The number of shares has decreased by -0.48% in one year.

Current Share Class	n/a
Shares Outstanding	237.77M
Shares Change (YoY)	-0.48%
Shares Change (QoQ)	+0.47%
Owned by Insiders (%)	6.91%
Owned by Institutions (%)	28.68%
Float	221.34M

Valuation Ratios

The trailing PE ratio is 7.08 and the forward PE ratio is 11.75.

PE Ratio	7.08
Forward PE	11.75
PS Ratio	2.63
PB Ratio	1.97
P/TBV Ratio	1.97
P/FCF Ratio	12.81
P/OCF Ratio	4.29
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.39, with an EV/FCF ratio of 11.70.

EV / Earnings	6.49
EV / Sales	2.41
EV / EBITDA	3.39
EV / EBIT	5.06
EV / FCF	11.70

Financial Position

The company has a current ratio of 1.62, with a Debt / Equity ratio of 0.00.

Current Ratio	1.62
Quick Ratio	1.60
Debt / Equity	0.00
Debt / EBITDA	0.01
Debt / FCF	0.02
Interest Coverage	247.68

Financial Efficiency

Return on equity (ROE) is 29.71% and return on invested capital (ROIC) is 23.78%.

Return on Equity (ROE)	29.71%
Return on Assets (ROA)	17.52%
Return on Invested Capital (ROIC)	23.78%
Return on Capital Employed (ROCE)	30.20%
Revenue Per Employee	14.23M
Profits Per Employee	5.27M
Employee Count	38
Asset Turnover	0.59
Inventory Turnover	119.08

Taxes

In the past 12 months, TSX:HWX has paid 49.28 million in taxes.

Income Tax	49.28M
Effective Tax Rate	23.14%

Stock Price Statistics

The stock price has decreased by -20.07% in the last 52 weeks. The beta is 1.51, so TSX:HWX's price volatility has been higher than the market average.

Beta (5Y)	1.51
52-Week Price Change	-20.07%
50-Day Moving Average	5.94
200-Day Moving Average	6.57
Relative Strength Index (RSI)	56.31
Average Volume (20 Days)	533,804

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 540.80 million and earned 200.41 million in profits. Earnings per share was 0.85.

Revenue	540.80M
Gross Profit	413.38M
Operating Income	257.34M
Pretax Income	261.49M
Net Income	200.41M
EBITDA	384.21M
EBIT	257.34M
Earnings Per Share (EPS)	0.85

Balance Sheet

The company has 125.55 million in cash and 2.57 million in debt, giving a net cash position of 122.98 million or 0.52 per share.

Cash & Cash Equivalents	125.55M
Total Debt	2.57M
Net Cash	122.98M
Net Cash Per Share	0.52
Equity (Book Value)	723.43M
Book Value Per Share	3.04
Working Capital	72.11M

Cash Flow

In the last 12 months, operating cash flow was 331.63 million and capital expenditures -220.45 million, giving a free cash flow of 111.18 million.

Operating Cash Flow	331.63M
Capital Expenditures	-220.45M
Free Cash Flow	111.18M
FCF Per Share	0.47

Margins

Gross margin is 76.44%, with operating and profit margins of 47.58% and 37.06%.

Gross Margin	76.44%
Operating Margin	47.58%
Pretax Margin	48.35%
Profit Margin	37.06%
EBITDA Margin	71.04%
EBIT Margin	47.58%
FCF Margin	20.56%

Dividends & Yields

This stock pays an annual dividend of 0.44, which amounts to a dividend yield of 7.35%.

Dividend Per Share	0.44
Dividend Yield	7.35%
Dividend Growth (YoY)	5.00%
Years of Dividend Growth	n/a
Payout Ratio	47.42%
Buyback Yield	0.48%
Shareholder Yield	7.82%
Earnings Yield	14.07%
FCF Yield	7.81%

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 5.92 and a Piotroski F-Score of 4.

Altman Z-Score	5.92
Piotroski F-Score	4