Hammond Manufacturing Company Limited (HMM-A) fair value: what the stock is really worth
As of Oct 19, 2026: fair value (intrinsic value) of Hammond Manufacturing Company Limited stock C$26.67, price C$25.91, upside +2.9%, quality 58 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 12, 2026.
How to read this chart
60‑month range C$3.44 – C$28.90 · fair‑value band C$20.00 – C$33.34 · the C$25.91 price screens below the C$26.67 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 12, 2026.
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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.
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The company offers electrical enclosures cabinets, including mild and stainless steel, aluminum, non-metallic, disconnect, modular freestanding, operator interface, and commercial enclosures, as well as wireway and trough, climate control, data communication infrastructure products, and general accessories; and small enclosures, such as diecast, plastic, extruded, industrial, and rack mounted enclosures, as well as general-purpose metal, chassis, and handles and accessories.
It also provides rack mounting solutions comprising wall mount racks and cabinets, open frame network racks, server cabinet racks, and rack accessories; basic PDUs for racks and cabinets, industrial power strips, and related accessories; and transformers, which include power, line, audio, energy limiting, and instrument transformers, as well as chokes and reactors and guitar replacements.
In addition, the company offers various standard products; product customization services; and technical support. It sells its products to electrical, electronic, and datacom original equipment manufacturers/MROs, as well as utilities and institutions through a network of agents and distributors.
The company was founded in 1916 and is headquartered in Guelph, Canada.
Stock analysis
Hammond Manufacturing Company Limited (HMM-A) currently trades at C$25.91, while our model-based Fair Value estimate is C$26.67, so the stock looks roughly fairly valued today (gap 2.8%).
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Valuation
Bull case: the DCF Models group reads highest at a median of C$30.48 per share, and 15 of the 26 models we run sit above the C$25.91 price.
Bear case: the Earnings-Based group reads lowest at C$9.23, and 11 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: C$20.00 (bear) to C$33.34 (bull), the price of C$25.91 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Hammond Manufacturing Company Limited reported revenue of C$281M in FY2025 versus C$190M in FY2021, a compound +10.3%/yr. Reported net income was C$14.4M in FY2025, compounding +16.9%/yr from FY2021.
Key figures
Market cap C$319M (≈ $227M) Micro · P/E ratio 17.3 · P/S ratio 1.05 · EPS (TTM) C$1.63 · Dividend yield 0.2% · Net margin 6.1% · Return on equity 13.6% · Return on assets (EBIT) 11.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 10% below its 52-week high and 161% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −38% fair-value upside, at 3%, HMM-A screens cheaper than that median.
Fair Value models
BearC$20.00Fair Value C$26.67BullC$33.34
Price C$25.91 · Upside +2.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (C$1.26 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+14.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.7%
Start year 2020 (pandemic). Over 10 years: +9.2% a year
Revenue growth 29 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.2%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+13.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+13.3%
Dividend (yield on the price)0.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.13.3% vs 15.0%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.8% → 8%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+7.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Canada: IMF forecast 2.1% a year to 2030, 2.6% from 2016 to 2025) that is about +5.0% a year for the price.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electrical Equipment & Parts · 553 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside+2.9% · Above median
Profitability
Return on equity (12 months)13.6% · Above median
Return on assets6.0% · Above median
Net margin (12 months)6.1% · Above median
Operating margin (12 months)12.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)19.2% · Above median
Dividend yield (12 months)0.2% · Bottom 25%
Balance sheet
Debt / equity0.03× · Below median
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Hammond Manufacturing Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/HMM-A
Frequently asked questions
Is Hammond Manufacturing Company Limited (HMM-A) overvalued or undervalued?
As of Oct 12, 2026, our model estimates a fair value of C$26.67 versus a price of C$25.91, about +3% upside (fairly valued).
What is the fair value of HMM-A?
Our model-based fair value for Hammond Manufacturing Company Limited is C$26.67 (as of Oct 12, 2026), built from audited fundamentals. The current price: C$25.91.
What is the quality score of HMM-A?
Hammond Manufacturing Company Limited has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Hammond Manufacturing Company Limited (HMM-A)?
Our model-based price target is the fair value of C$26.67 (as of Oct 12, 2026) from 26 valuation models. Cautious scenario C$20.00, optimistic scenario C$33.34. It is a calculation from audited fundamentals, not an analyst target.
What is the Hammond Manufacturing Company Limited stock forecast for 2026?
Our models put fair value at C$26.67, about +3% upside versus a price of C$25.91 (fairly valued). Cautious scenario C$20.00, optimistic scenario C$33.34. The calculation is refreshed regularly with new filings.
What is the revenue of Hammond Manufacturing Company Limited (HMM-A)?
Hammond Manufacturing Company Limited reported trailing-twelve-month revenue of about C$303M (latest available figure, as of Oct 12, 2026).
Does Hammond Manufacturing Company Limited pay a dividend?
Hammond Manufacturing Company Limited currently shows a dividend yield of 0.23% relative to its recent price (as of Oct 12, 2026).
What growth is priced into Hammond Manufacturing Company Limited (HMM-A)?
For today's price to be fair in a discounted-cash-flow model, Hammond Manufacturing Company Limited would have to grow free cash flow by +7.2 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +13.7 % per year. As of Oct 12, 2026.
What discount rate (WACC) does the fair value of HMM-A use?
Our models discount Hammond Manufacturing Company Limited at 11.0 %: a base by market capitalisation (micro), damped by beta 0.36, country premium for Canada. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Hammond Manufacturing Company Limited that is +7.2 % per year a year over ten years, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has Hammond Manufacturing Company Limited (HMM-A) delivered so far?
Over the past 5 years revenue at Hammond Manufacturing Company Limited grew +13.7 % a year. The price currently implies +7.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Hammond Manufacturing Company Limited (HMM-A) growing?
The median revenue growth in the sector is +7.5 % a year. That is the yardstick for the growth priced into Hammond Manufacturing Company Limited (+7.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Hammond Manufacturing Company Limited (HMM-A)?
The free-cash-flow yield on the price is 6.73 %: that much free cash flow Hammond Manufacturing Company Limited produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Hammond Manufacturing Company Limited (HMM-A)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hammond Manufacturing Company Limited it is C$26.67 per share (as of Oct 12, 2026), against a price of C$25.91. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Hammond Manufacturing Company Limited stock overvalued or undervalued in 2026?
As of Oct 12, 2026, HMM-A trades below its calculated fair value: price C$25.91, fair value C$26.67, a gap of about +3% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of HMM-A?
No. The price is what the market pays today (C$25.91); the fair value is what the company's own numbers justify (C$26.67). For Hammond Manufacturing Company Limited the two are C$0.7600 per share apart. That gap is exactly why we show both numbers side by side.
How much is Hammond Manufacturing Company Limited worth?
The market values Hammond Manufacturing Company Limited at about C$319M (market capitalisation, as of Oct 12, 2026). Per share that is C$25.91; our models calculate a fair value of C$26.67 per share.
What do the bullish and bearish scenarios say about HMM-A?
Our models span a range for Hammond Manufacturing Company Limited: cautious scenario C$20.00, base C$26.67, optimistic C$33.34 per share (as of Oct 12, 2026, price C$25.91). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of HMM-A?
Hammond Manufacturing Company Limited trades at a price-to-earnings ratio of 17.3 (as of Oct 12, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of C$26.67 is built from several models across several years. Other multiples: P/B 2.4, P/S 1.1, EV/EBITDA 8.4.
How solid is the balance sheet of Hammond Manufacturing Company Limited (HMM-A)?
Balance-sheet figures for Hammond Manufacturing Company Limited (as of Oct 12, 2026): return on equity 13.6%, debt of 0.03 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is HMM-A from its 52-week high?
Hammond Manufacturing Company Limited trades at C$25.91, about 10% below its 52-week high of C$28.90 and 161% above the low of C$9.92 (as of Oct 19, 2026). Distance from the high says nothing about value: that is what the fair value of C$26.67 is for.
Which stocks are comparable to Hammond Manufacturing Company Limited?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Delta Electronics (Thailand) Public Company, Vertiv Holdings, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hammond Manufacturing Company Limited stock attractive at the current price?
The data as of Oct 12, 2026: price C$25.91, calculated fair value C$26.67 (+3%), Quality Score 58/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of HMM-A calculated?
We run Hammond Manufacturing Company Limited through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of C$26.67, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.9 % above its aggregate fair value. Hammond Manufacturing Company Limited currently trades 3 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hammond Manufacturing Company Limited (HMM-A)?
The closing price on Oct 19, 2026 was C$25.91. Our model-based fair value is C$26.67, about +3% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hammond Manufacturing Company Limited right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Hammond Manufacturing Company Limited (HMM-A) come from?
Earnings per share at Hammond Manufacturing Company Limited grew +23.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +9.5 %, EBIT margin +9.8 %, tax rate +0.8 %, residual (interest, one-offs) +1.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Hammond Manufacturing Company Limited
How large is the market capitalisation of Hammond Manufacturing Company Limited (HMM-A)?
The market capitalisation of Hammond Manufacturing Company Limited is C$319M (≈ $227M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hammond Manufacturing Company Limited (HMM-A)?
The price-to-sales ratio of Hammond Manufacturing Company Limited is 1.05 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Hammond Manufacturing Company Limited (HMM-A)?
Earnings per share at Hammond Manufacturing Company Limited are C$1.63 (price ÷ EPS = P/E 17.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Hammond Manufacturing Company Limited (HMM-A)?
The dividend yield of Hammond Manufacturing Company Limited is 0.2% (payout 3.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Hammond Manufacturing Company Limited (HMM-A)?
The net margin of Hammond Manufacturing Company Limited is 6.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hammond Manufacturing Company Limited (HMM-A)?
The return on equity (ROE) of Hammond Manufacturing Company Limited is 13.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hammond Manufacturing Company Limited (HMM-A)?
On an EBIT basis the return on assets of Hammond Manufacturing Company Limited is 11.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Hammond Manufacturing Company Limited (HMM-A)?
The operating margin of Hammond Manufacturing Company Limited is 12.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hammond Manufacturing Company Limited (HMM-A)?
Revenue at Hammond Manufacturing Company Limited is growing +19.2% versus a year earlier (3y avg +7.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hammond Manufacturing Company Limited (HMM-A)?
Earnings per share at Hammond Manufacturing Company Limited are growing +88.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Hammond Manufacturing Company Limited (HMM-A) carry?
The net debt of Hammond Manufacturing Company Limited is C$27.2M (fiscal year 2025, ≈ 1.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Oct 12, 2026