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Hammond Power Solutions Inc.TSX:HPS.A Stock Report

Market Cap CA$3.4b
Share Price
CA$289.61
CA$241.2
20.1% overvalued intrinsic discount
1Y209.0%
7D4.3%
Portfolio Value
View

Hammond Power Solutions Inc.

TSX:HPS.A Stock Report

Market Cap: CA$3.4b

Hammond Power Solutions (HPS.A) Stock Overview

Engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India. More details

HPS.A fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends0/6

HPS.A Community Fair Values

Create Narrative

See what 60 others think this stock is worth. Follow their fair value or set your own to get alerts.

Community Contributor
US$3.87FV 2.6% undervalued intrinsic discount
30972.3%Revenue growth p.a.
180
1
0
5
10d ago

Hammond Power Solutions Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hammond Power Solutions
Historical stock prices
Current Share PriceCA$289.61
52 Week HighCA$293.34
52 Week LowCA$86.43
Beta0.94
1 Month Change60.99%
3 Month Change61.29%
1 Year Change208.95%
3 Year Change545.01%
5 Year Change2,561.86%
Change since IPO36,101.25%

Recent News & Updates

Recent updates

HPS.A: Richer P/E And Higher Discount Rate Will Pressure Forward Returns

Narrative update on Hammond Power Solutions The analyst price target for Hammond Power Solutions has moved from CA$239.00 to CA$241.20. Analysts have pointed to recent bullish initiation and successive target increases as support for this revised view.

HPS.A: Updated Discount Rate And P/E Assumptions Will Shape Future Return Profile

Analysts have lifted their fair value estimate for Hammond Power Solutions to CA$239.00 from CA$235.25, citing recent upward revisions to Street price targets and updated assumptions for the discount rate and forward P/E. Analyst Commentary Recent Street research has focused on incremental price target adjustments and how they line up with the updated fair value estimate of CA$239.00.

HPS.A: Higher Margin Outlook And P/E Framework Support Bullish Earnings View

Analysts have nudged their fair value price target for Hammond Power Solutions to CA$235.25 from CA$232. This reflects updated assumptions on growth, margins and P/E multiples following recent Street research price target increases.

Hammond Power Solutions' (TSE:HPS.A) Profits Appear To Have Quality Issues

Mar 26
Hammond Power Solutions' (TSE:HPS.A) Profits Appear To Have Quality Issues

HPS.A: Higher Confidence In Future Earnings Power Supports Bullish Outlook

Analysts have raised their CA$ price target on Hammond Power Solutions to CA$223 from CA$211, citing updated assumptions around revenue growth, margins, and future P/E that support a higher fair value estimate. Analyst Commentary Analysts who raised their CA$ price target to CA$223 are signaling more confidence in Hammond Power Solutions' ability to support a higher valuation based on their updated assumptions.

HPS.A: Higher Growth Assumptions Will Support Stronger Long Term Earnings Power

Analysts have raised their CA$ fair value estimate for Hammond Power Solutions to CA$232.00 from CA$215.25, reflecting updated assumptions on growth, margins and future P/E, in line with recent Street price target moves to CA$223. Analyst Commentary Recent Street research reflects a more constructive view on Hammond Power Solutions, with bullish analysts lifting their fair value expectations in line with a higher CA$223 price target.

What Hammond Power Solutions Inc.'s (TSE:HPS.A) 30% Share Price Gain Is Not Telling You

Feb 14
What Hammond Power Solutions Inc.'s (TSE:HPS.A) 30% Share Price Gain Is Not Telling You

HPS.A: Stable Assumptions Will Support Long Term Margins And Fair Pricing

Analysts have left their price target for Hammond Power Solutions unchanged at $215.25, citing stable assumptions around revenue growth, profit margins, discount rate and forward P/E. Valuation Changes Fair Value: Modelled fair value remains unchanged at CA$215.25, indicating no adjustment to the central valuation estimate.

HPS.A: Rising Grid Demand And Consistent Execution Will Support Long Term Margins

Narrative update on Hammond Power Solutions Analysts have lifted their average price target on Hammond Power Solutions to about C$211, up from a prior range that included C$154 and C$150. They cited refreshed research that supports current fair value assumptions and only modest tweaks to discount rate and P/E inputs.

Here's Why Hammond Power Solutions (TSE:HPS.A) Can Manage Its Debt Responsibly

Jan 21
Here's Why Hammond Power Solutions (TSE:HPS.A) Can Manage Its Debt Responsibly

HPS.A: Rising Grid Demand And Acquisitions Will Support Long Term Margins

Analysts have raised their price targets on Hammond Power Solutions to a range of C$195 to C$211, citing updated assumptions on discount rates and long term P/E that align the Street view more closely with the current C$215.25 fair value estimate. Analyst Commentary Recent target changes show that Street expectations are converging around the current fair value estimate, with bullish analysts lifting their targets into a C$195 to C$211 range while maintaining positive ratings on the shares.

HPS.A: Future Grid Modernization Demand Will Drive Margin Durability

Analysts have modestly lifted their price target on Hammond Power Solutions to C$215.25 from C$215.25. This reflects slightly lower discount rate assumptions and confidence in sustained high single digit revenue growth and stable profit margins.

HPS.A: Future Margin Durability Will Underpin Further Upside Momentum

Analysts have lifted their price target for Hammond Power Solutions to about C$211 from C$154, reflecting increased confidence in the company’s growth trajectory and margin durability, despite a slightly higher discount rate assumption. Analyst Commentary Bullish analysts point to the higher price targets as evidence that the market is still catching up to Hammond Power Solutions’ accelerating growth and improving profitability profile.

HPS.A: Sustained Earnings And Market Demand Will Underpin Further Upside Momentum

Hammond Power Solutions has seen a significant upward revision in analyst price targets, with increases to C$195 and C$211, respectively, as analysts cite strong fundamentals and a sustained positive outlook for the company. Analyst Commentary Following the recent upward revisions in price targets for Hammond Power Solutions, analysts have provided additional insights into the company's valuation and outlook.

Hammond Power Solutions (TSE:HPS.A) Is Achieving High Returns On Its Capital

Nov 18
Hammond Power Solutions (TSE:HPS.A) Is Achieving High Returns On Its Capital

HPS.A: Sustained Demand And Recent Execution Will Drive Upside Momentum

Narrative Update on Hammond Power Solutions Analysts have increased their price target for Hammond Power Solutions from C$179 to C$215.25. This change reflects improved forecasts for revenue growth and profit margins based on recent research updates.

Hammond Power Solutions Inc.'s (TSE:HPS.A) 52% Jump Shows Its Popularity With Investors

Oct 28
Hammond Power Solutions Inc.'s (TSE:HPS.A) 52% Jump Shows Its Popularity With Investors

Acquisitions And Expansion Plans Will Drive Future Market Strength

Analyst Price Target Update for Hammond Power Solutions Analysts have raised their price target for Hammond Power Solutions from $150 to $179. This change reflects improved revenue growth expectations and a higher projected future price-to-earnings ratio.

Is Hammond Power Solutions (TSE:HPS.A) Using Too Much Debt?

Oct 07
Is Hammond Power Solutions (TSE:HPS.A) Using Too Much Debt?

Hammond Power Solutions (TSE:HPS.A) Is Paying Out A Dividend Of CA$0.275

Sep 01
Hammond Power Solutions (TSE:HPS.A) Is Paying Out A Dividend Of CA$0.275

Is It Time To Consider Buying Hammond Power Solutions Inc. (TSE:HPS.A)?

Aug 20
Is It Time To Consider Buying Hammond Power Solutions Inc. (TSE:HPS.A)?

Is There An Opportunity With Hammond Power Solutions Inc.'s (TSE:HPS.A) 26% Undervaluation?

Jul 13
Is There An Opportunity With Hammond Power Solutions Inc.'s (TSE:HPS.A) 26% Undervaluation?

Hammond Power Solutions Inc. (TSE:HPS.A) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Jul 01
Hammond Power Solutions Inc. (TSE:HPS.A) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Hammond Power Solutions (TSE:HPS.A) Has Affirmed Its Dividend Of CA$0.275

Jun 13
Hammond Power Solutions (TSE:HPS.A) Has Affirmed Its Dividend Of CA$0.275

Impressive Earnings May Not Tell The Whole Story For Hammond Power Solutions (TSE:HPS.A)

May 13
Impressive Earnings May Not Tell The Whole Story For Hammond Power Solutions (TSE:HPS.A)

Subdued Growth No Barrier To Hammond Power Solutions Inc. (TSE:HPS.A) With Shares Advancing 27%

May 04
Subdued Growth No Barrier To Hammond Power Solutions Inc. (TSE:HPS.A) With Shares Advancing 27%

These 4 Measures Indicate That Hammond Power Solutions (TSE:HPS.A) Is Using Debt Reasonably Well

Apr 15
These 4 Measures Indicate That Hammond Power Solutions (TSE:HPS.A) Is Using Debt Reasonably Well

What You Can Learn From Hammond Power Solutions Inc.'s (TSE:HPS.A) P/E After Its 30% Share Price Crash

Feb 22
What You Can Learn From Hammond Power Solutions Inc.'s (TSE:HPS.A) P/E After Its 30% Share Price Crash
User avatar

Expanding Production In Mexico And Acquiring Micron Will Increase Custom Transformer Output

Expansion in Mexico and acquisition of Micron boost capacity, enhance competitiveness, and potentially improve future revenue and net margins.

Is Hammond Power Solutions Inc. (TSE:HPS.A) Trading At A 49% Discount?

Feb 12
Is Hammond Power Solutions Inc. (TSE:HPS.A) Trading At A 49% Discount?

Is Hammond Power Solutions Inc. (TSE:HPS.A) Potentially Undervalued?

Jan 21
Is Hammond Power Solutions Inc. (TSE:HPS.A) Potentially Undervalued?

Investors Should Be Encouraged By Hammond Power Solutions' (TSE:HPS.A) Returns On Capital

Dec 20
Investors Should Be Encouraged By Hammond Power Solutions' (TSE:HPS.A) Returns On Capital

These 4 Measures Indicate That Hammond Power Solutions (TSE:HPS.A) Is Using Debt Reasonably Well

Dec 08
These 4 Measures Indicate That Hammond Power Solutions (TSE:HPS.A) Is Using Debt Reasonably Well

Here's Why We Think Hammond Power Solutions (TSE:HPS.A) Might Deserve Your Attention Today

Nov 26
Here's Why We Think Hammond Power Solutions (TSE:HPS.A) Might Deserve Your Attention Today

Hammond Power Solutions Inc. (TSE:HPS.A) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Sep 25
Hammond Power Solutions Inc. (TSE:HPS.A) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

We Think Hammond Power Solutions (TSE:HPS.A) Can Stay On Top Of Its Debt

Jun 18
We Think Hammond Power Solutions (TSE:HPS.A) Can Stay On Top Of Its Debt

We Like Hammond Power Solutions' (TSE:HPS.A) Returns And Here's How They're Trending

May 27
We Like Hammond Power Solutions' (TSE:HPS.A) Returns And Here's How They're Trending

Why We're Not Concerned Yet About Hammond Power Solutions Inc.'s (TSE:HPS.A) 32% Share Price Plunge

May 13
Why We're Not Concerned Yet About Hammond Power Solutions Inc.'s (TSE:HPS.A) 32% Share Price Plunge

Hammond Power Solutions Inc. Just Missed Earnings - But Analysts Have Updated Their Models

May 03
Hammond Power Solutions Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Shareholder Returns

HPS.ACA ElectricalCA Market
7D4.3%2.8%0.08%
1Y209.0%171.6%35.0%

Return vs Industry: HPS.A exceeded the Canadian Electrical industry which returned 171.6% over the past year.

Return vs Market: HPS.A exceeded the Canadian Market which returned 35% over the past year.

Price Volatility

Is HPS.A's price volatile compared to industry and market?
HPS.A volatility
HPS.A Average Weekly Movement10.5%
Electrical Industry Average Movement10.6%
Market Average Movement10.6%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market4.0%

Stable Share Price: HPS.A has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: HPS.A's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19172,121Adrian Thomaswww.hammondpowersolutions.com

Hammond Power Solutions Inc., together with its subsidiaries, engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India. It offers buck-boost, control, distribution, drive isolation, encapsulated, furnace, multi-pulse, pad mounted, and regulating transformers; and active harmonic filters, autotransformers, dV/dT filters, and reactors, as well as medium voltage distribution and unitized substations products. The company also offers DC power supplies.

Hammond Power Solutions Inc. Fundamentals Summary

How do Hammond Power Solutions's earnings and revenue compare to its market cap?
HPS.A fundamental statistics
Market capCA$3.44b
Earnings (TTM)CA$72.24m
Revenue (TTM)CA$898.26m
47.7x
P/E Ratio
3.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HPS.A income statement (TTM)
RevenueCA$898.26m
Cost of RevenueCA$625.94m
Gross ProfitCA$272.32m
Other ExpensesCA$200.08m
EarningsCA$72.24m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 05, 2026

Earnings per share (EPS)6.07
Gross Margin30.32%
Net Profit Margin8.04%
Debt/Equity Ratio15.9%

How did HPS.A perform over the long term?

See historical performance and comparison

Dividends

0.4%
Current Dividend Yield
18%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 19:58
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hammond Power Solutions Inc. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim ByrneAcumen Capital Finance Partners Limited
Nicholas BoychukATB Cormark
Matthew LeeCanaccord Genuity