Canada · Delayed Price · Currency is CAD Headwater Exploration Statistics
Total Valuation
TSX:HWX has a market cap or net worth of CAD 1.95 billion. The enterprise value is 1.83 billion.
| Market Cap | 1.95B |
| Enterprise Value | 1.83B |
Important Dates
The last earnings date was Friday, November 7, 2025.
| Earnings Date | Nov 7, 2025 |
| Ex-Dividend Date | Dec 31, 2025 |
Share Statistics
TSX:HWX has 238.76 million shares outstanding. The number of shares has decreased by -0.32% in one year.
| Current Share Class | 238.76M |
| Shares Outstanding | 238.76M |
| Shares Change (YoY) | -0.32% |
| Shares Change (QoQ) | +0.23% |
| Owned by Insiders (%) | 6.67% |
| Owned by Institutions (%) | 31.08% |
| Float | 222.84M |
Valuation Ratios
The trailing PE ratio is 11.20 and the forward PE ratio is 15.98.
| PE Ratio | 11.20 |
| Forward PE | 15.98 |
| PS Ratio | 3.73 |
| PB Ratio | 2.59 |
| P/TBV Ratio | 2.59 |
| P/FCF Ratio | 27.97 |
| P/OCF Ratio | 6.48 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.17, with an EV/FCF ratio of 26.25.
| EV / Earnings | 10.57 |
| EV / Sales | 3.50 |
| EV / EBITDA | 5.17 |
| EV / EBIT | 8.15 |
| EV / FCF | 26.25 |
Financial Position
The company has a current ratio of 1.32, with a Debt / Equity ratio of 0.00.
| Current Ratio | 1.32 |
| Quick Ratio | 1.27 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | 0.01 |
| Debt / FCF | 0.03 |
| Interest Coverage | 203.07 |
Financial Efficiency
Return on equity (ROE) is 24.05% and return on invested capital (ROIC) is 19.44%.
| Return on Equity (ROE) | 24.05% |
| Return on Assets (ROA) | 14.39% |
| Return on Invested Capital (ROIC) | 19.44% |
| Return on Capital Employed (ROCE) | 25.61% |
| Revenue Per Employee | 13.73M |
| Profits Per Employee | 4.55M |
| Employee Count | 38 |
| Asset Turnover | 0.54 |
| Inventory Turnover | 132.15 |
Taxes
In the past 12 months, TSX:HWX has paid 54.21 million in taxes.
| Income Tax | 54.21M |
| Effective Tax Rate | 23.88% |
Stock Price Statistics
The stock price has increased by +21.28% 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 | +21.28% |
| 50-Day Moving Average | 7.45 |
| 200-Day Moving Average | 6.73 |
| Relative Strength Index (RSI) | 68.10 |
| Average Volume (20 Days) | 655,542 |
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 521.82 million and earned 172.80 million in profits. Earnings per share was 0.73.
| Revenue | 521.82M |
| Gross Profit | 391.65M |
| Operating Income | 223.99M |
| Pretax Income | 227.01M |
| Net Income | 172.80M |
| EBITDA | 352.97M |
| EBIT | 223.99M |
| Earnings Per Share (EPS) | 0.73 |
Balance Sheet
The company has 122.00 million in cash and 2.24 million in debt, giving a net cash position of 119.75 million or 0.50 per share.
| Cash & Cash Equivalents | 122.00M |
| Total Debt | 2.24M |
| Net Cash | 119.75M |
| Net Cash Per Share | 0.50 |
| Equity (Book Value) | 752.38M |
| Book Value Per Share | 3.15 |
| Working Capital | 41.77M |
Cash Flow
In the last 12 months, operating cash flow was 300.49 million and capital expenditures -230.91 million, giving a free cash flow of 69.58 million.
| Operating Cash Flow | 300.49M |
| Capital Expenditures | -230.91M |
| Free Cash Flow | 69.58M |
| FCF Per Share | 0.29 |
Margins
Gross margin is 75.05%, with operating and profit margins of 42.92% and 33.12%.
| Gross Margin | 75.05% |
| Operating Margin | 42.92% |
| Pretax Margin | 43.50% |
| Profit Margin | 33.12% |
| EBITDA Margin | 67.64% |
| EBIT Margin | 42.92% |
| FCF Margin | 13.33% |
Dividends & Yields
This stock pays an annual dividend of 0.44, which amounts to a dividend yield of 5.40%.
| Dividend Per Share | 0.44 |
| Dividend Yield | 5.40% |
| Dividend Growth (YoY) | 10.00% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 57.78% |
| Buyback Yield | 0.32% |
| Shareholder Yield | 5.71% |
| Earnings Yield | 8.88% |
| FCF Yield | 3.58% |
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 5.38 and a Piotroski F-Score of 4.
| Altman Z-Score | 5.38 |
| Piotroski F-Score | 4 |