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Hammond Mfg Cl A SV
(TSX:HMM.A)
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Rating:74Outperform
Price Target:
C$32.00
▲(41.53% Upside)
Action:Reiterated
Date:09/24/26
The score is driven primarily by steady (but not peak) financial performance with improved leverage and currently solid cash generation, combined with strong bullish technical momentum. Valuation is supportive at a mid-teens P/E, though the low dividend yield and evidence of margin/return cooling versus 2023–2024 keep the overall score from being higher.
Positive Factors
Steady Revenue and Profitability
Continued revenue growth alongside stable gross and net margins indicates that Hammond retains durable demand for its electrical and electronic components. This supports ongoing operating activity and provides a foundation for maintaining profitability as customers require transformers, enclosures, and related hardware.
Negative Factors
Margin Compression
Profitability has not kept pace with the company’s stronger 2023–2024 levels, indicating reduced earnings efficiency relative to prior peaks. If this persists, margin pressure could limit profit growth, reduce the benefit of additional sales, and constrain internally generated funds for future investment.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady Revenue and Profitability
Continued revenue growth alongside stable gross and net margins indicates that Hammond retains durable demand for its electrical and electronic components. This supports ongoing operating activity and provides a foundation for maintaining profitability as customers require transformers, enclosures, and related hardware.
Read all positive factors
Hammond Mfg Cl A SV (HMM.A) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$317.36M
Dividend Yield0.21%
Average Volume (3M)19.67K
Price to Earnings (P/E)17.8
Beta (1Y)0.30
Revenue Growth15.54%
EPS Growth3.43%
CountryCA
Employees1,041
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)N/A
Shares Outstanding8,556,000
10 Day Avg. Volume18,220
30 Day Avg. Volume19,669
Financial Highlights & Ratios
PEG Ratio-0.41
Price to Book (P/B)0.97
Price to Sales (P/S)0.45
P/FCF Ratio6.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Hammond Mfg Cl A SV Business Overview & Revenue Model
Company Description
Hammond Manufacturing Company Limited, together with its subsidiaries, designs, manufactures, and sells electrical and electronic components in Canada, the United States, the United Kingdom, and Australia. The company offers electrical enclosures ...
How the Company Makes Money
Hammond Manufacturing makes money primarily by manufacturing and selling its product lines—most notably transformers and electrical/electronic enclosures—and collecting revenue when these goods are shipped to customers. Revenue is generated from (...
Hammond Mfg Cl A SV Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
70
Positive
Cash Flow
66
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 303.14M | 281.41M | 244.90M | 238.28M | 225.92M | 190.13M |
| Gross Profit | 105.94M | 91.39M | 90.90M | 86.21M | 71.63M | 56.00M |
| EBITDA | 38.46M | 33.38M | 37.79M | 36.61M | 25.54M | 18.43M |
| Net Income | 18.45M | 14.41M | 18.37M | 18.76M | 12.00M | 7.70M |
Balance Sheet | ||||||
| Total Assets | 257.66M | 240.26M | 214.79M | 189.54M | 168.00M | 136.98M |
| Cash, Cash Equivalents and Short-Term Investments | 36.41M | 33.07M | 24.71M | 8.89M | 942.00K | 4.07M |
| Total Debt | 59.04M | 60.30M | 56.73M | 56.45M | 48.39M | 35.53M |
| Total Liabilities | 112.28M | 108.63M | 95.25M | 90.54M | 86.46M | 68.28M |
| Stockholders Equity | 145.38M | 131.64M | 119.53M | 99.00M | 81.55M | 68.69M |
Cash Flow | ||||||
| Free Cash Flow | 20.95M | 19.79M | 21.61M | 3.13M | -15.39M | 3.36M |
| Operating Cash Flow | 35.92M | 25.47M | 33.66M | 16.89M | 4.82M | 14.92M |
| Investing Cash Flow | -15.05M | -5.78M | -12.04M | -13.62M | -20.16M | -11.54M |
| Financing Cash Flow | -9.71M | -10.17M | -7.37M | 5.20M | 11.09M | -1.96M |
Hammond Mfg Cl A SV Technical Analysis
Positive
22.61
Price Trends
22.95
Positive
19.99
Positive
15.38
Positive
Market Momentum
1.45
Negative
68.77
Neutral
90.68
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HMM.A, the sentiment is Positive. The current price of 22.61 is below the 20-day moving average (MA) of 26.04, below the 50-day MA of 22.95, and above the 200-day MA of 15.38, indicating a bullish trend. The MACD of 1.45 indicates Negative momentum. The RSI at 68.77 is Neutral, neither overbought nor oversold. The STOCH value of 90.68 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:HMM.A.
Hammond Mfg Cl A SV Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | C$317.36M | 17.78 | 13.55% | 0.21% | 15.54% | 3.43% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | C$3.29B | 54.01 | 16.96% | 0.40% | 28.54% | -22.60% | |
55 Neutral | C$252.93M | -230.41 | -5.42% | ― | 20.11% | 55.61% | |
42 Neutral | C$21.90M | -11.19 | 6067.59% | ― | 0.60% | 50.19% |
* Industrials Sector Average
TSE:HMM.A
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.