Is There An Opportunity With Hammond Power Solutions Inc.'s (TSE:HPS.A) 26% Undervaluation?
Jul 13
Have your own idea? Try our Stock Screener
Canadian (TSX) Electrical Components Industry Analysis
UpdatedJul 16, 2025
DataAggregated Company Financials
Companies14
- 7D-1.1%
- 3M35.7%
- 1Y-1.6%
- YTDn/a
The Electrical Components is pretty flat in the last 7 days, but Ballard Power Systems has stood out, gaining 10%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 17% per annum.
Industry Valuation and Performance
Has the Canadian Electrical Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 16 Jul 2025 | CA$2.9b | CA$1.2b | -CA$375,013,780.82 | 11x | -7.8x | 2.4x |
| Fri, 13 Jun 2025 | CA$2.7b | CA$1.2b | -CA$367,026,109.96 | 10.2x | -7.4x | 2.2x |
| Sun, 11 May 2025 | CA$2.4b | CA$1.2b | -CA$638,740,029.19 | 9x | -3.7x | 1.9x |
| Tue, 08 Apr 2025 | CA$2.0b | CA$1.2b | -CA$719,986,028.90 | 8.4x | -2.7x | 1.6x |
| Thu, 06 Mar 2025 | CA$2.1b | CA$1.2b | -CA$728,405,655.09 | 9.8x | -2.9x | 1.7x |
| Sat, 01 Feb 2025 | CA$2.7b | CA$1.2b | -CA$722,292,568.66 | 5.7x | -3.7x | 2.2x |
| Mon, 30 Dec 2024 | CA$3.0b | CA$1.2b | -CA$711,246,835.62 | 6.4x | -4.1x | 2.4x |
| Wed, 27 Nov 2024 | CA$2.9b | CA$1.2b | -CA$712,837,249.92 | 23.7x | -4.1x | 2.4x |
| Fri, 25 Oct 2024 | CA$2.9b | CA$1.2b | -CA$266,995,828.45 | 25.4x | -11x | 2.4x |
| Sun, 22 Sep 2024 | CA$3.0b | CA$1.2b | -CA$263,124,755.66 | 25.9x | -11.5x | 2.5x |
| Tue, 20 Aug 2024 | CA$2.8b | CA$1.2b | -CA$298,701,914.78 | 20.7x | -9.4x | 2.3x |
| Thu, 18 Jul 2024 | CA$3.1b | CA$1.2b | -CA$279,166,309.92 | 22.1x | -11.2x | 2.6x |
| Sat, 15 Jun 2024 | CA$3.2b | CA$1.2b | -CA$281,086,370.10 | 22.6x | -11.2x | 2.7x |
| Mon, 13 May 2024 | CA$3.1b | CA$1.2b | -CA$267,480,944.29 | 22.6x | -11.7x | 2.6x |
| Wed, 10 Apr 2024 | CA$4.0b | CA$1.2b | -CA$248,777,480.42 | 29.5x | -15.9x | 3.4x |
| Fri, 08 Mar 2024 | CA$3.4b | CA$1.1b | -CA$270,036,283.45 | 22.3x | -12.5x | 3.1x |
| Sun, 04 Feb 2024 | CA$3.2b | CA$1.1b | -CA$271,732,663.00 | 19.1x | -11.9x | 2.9x |
| Tue, 02 Jan 2024 | CA$3.2b | CA$1.1b | -CA$273,597,507.00 | 15.8x | -11.6x | 2.9x |
| Thu, 30 Nov 2023 | CA$3.1b | CA$1.1b | -CA$290,354,536.00 | 15.5x | -10.7x | 2.8x |
| Sat, 28 Oct 2023 | CA$3.0b | CA$1.1b | -CA$278,452,600.00 | 12.6x | -10.6x | 2.7x |
| Mon, 25 Sep 2023 | CA$3.0b | CA$1.1b | -CA$271,355,952.00 | 10.5x | -11.2x | 2.8x |
| Wed, 23 Aug 2023 | CA$3.2b | CA$1.1b | -CA$263,674,018.00 | 10.7x | -12.1x | 3x |
| Fri, 21 Jul 2023 | CA$3.4b | CA$1.0b | -CA$289,920,414.00 | 12.9x | -11.7x | 3.3x |
| Sun, 18 Jun 2023 | CA$3.1b | CA$1.0b | -CA$290,386,317.00 | 10.6x | -10.8x | 3.1x |
| Tue, 16 May 2023 | CA$3.3b | CA$1.0b | -CA$303,485,861.00 | 10x | -10.8x | 3.1x |
| Thu, 13 Apr 2023 | CA$3.4b | CA$989.1m | -CA$335,016,870.00 | 9.8x | -10.3x | 3.5x |
| Sat, 11 Mar 2023 | CA$3.6b | CA$1.0b | -CA$345,884,753.00 | 9.3x | -10.3x | 3.5x |
| Mon, 06 Feb 2023 | CA$3.7b | CA$943.2m | -CA$341,955,459.00 | 7.8x | -10.9x | 4x |
| Wed, 04 Jan 2023 | CA$2.8b | CA$941.8m | -CA$339,042,135.00 | 6.6x | -8.3x | 3x |
| Fri, 02 Dec 2022 | CA$3.4b | CA$939.3m | -CA$317,738,379.00 | 8.4x | -10.6x | 3.6x |
| Sun, 30 Oct 2022 | CA$3.0b | CA$935.0m | -CA$310,441,310.00 | 7.6x | -9.8x | 3.3x |
| Tue, 27 Sep 2022 | CA$3.4b | CA$881.6m | -CA$319,042,750.00 | 6.5x | -10.7x | 3.9x |
| Thu, 25 Aug 2022 | CA$3.7b | CA$873.1m | -CA$308,921,984.00 | 6.7x | -11.9x | 4.2x |
| Sat, 23 Jul 2022 | CA$3.5b | CA$814.7m | -CA$254,496,995.00 | 5.8x | -13.8x | 4.3x |
Price to Earnings Ratio
-13.8x
Current Industry PE
- Investors are pessimistic on the Canadian Electrical Components and Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Electrical Components and Equipment industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 15% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Comparison
How does Canadian Electrical Components compare with similar industries?
| CA Market | 0.64% | |
| Industrials | 1.42% | |
| Electrical | -1.07% | |
| Electrical Components | -1.07% | |
| Heavy Electrical Equipment | 0% | 0 |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BLDP Ballard Power Systems | CA$2.56 | 10.3% +CA$72.0m | -26.9% | PS7.9x | |
| ELVA Electrovaya | CA$5.33 | 13.9% +CA$26.1m | 58.6% | PS3.2x | |
| SWAN Black Swan Graphene | CA$1.11 | 24.7% +CA$10.9m | 15.6% | PB3.7x | |
| GMG Graphene Manufacturing Group | CA$0.67 | 9.8% +CA$6.4m | 0% | PS339x | |
| EXRO Exro Technologies | CA$0.06 | 9.1% +CA$2.9m | -89.8% | PS1.3x |
