Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €187, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 27x in the Electrical industry in Germany. Total returns to shareholders of 570% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €138 per share. Announcement • Apr 23
Hammond Power Solutions Inc. to Report Q1, 2026 Results on May 05, 2026 Hammond Power Solutions Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 05, 2026 Announcement • Mar 05
Hammond Power Solutions Inc. to Report Q4, 2025 Results on Mar 19, 2026 Hammond Power Solutions Inc. announced that they will report Q4, 2025 results After-Market on Mar 19, 2026 Announcement • Feb 27
Hammond Power Solutions Inc. Declares Quarterly Cash Dividend on Class A Subordinate and Class B Common Share, Payable on March 27, 2026 Hammond Power Solutions Inc. announced that the Board of Directors of company declared a quarterly cash dividend of twenty-seven and a half cents ($0.275) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of twenty-seven and a half cents ($0.275) per Class B Common Share of HPS payable on March 27, 2026, to shareholders of record at the close of business on March 19, 2026. The ex-dividend date is March 19, 2026. Announcement • Feb 24
Hammond Power Solutions Inc., Annual General Meeting, May 06, 2026 Hammond Power Solutions Inc., Annual General Meeting, May 06, 2026. Location: ontario, guelph Canada Announcement • Feb 17
Hammond Power Solutions Inc. (TSX:HPS.A) signed a definitive agreement to acquire AEG Power Solutions, Inc. from AEG Power Solutions B.V. for approximately CAD 370 million. Hammond Power Solutions Inc. (TSX:HPS.A) signed a definitive agreement to acquire AEG Power Solutions, Inc. from AEG Power Solutions B.V. for approximately CAD 370 million on February 17, 2026. Upon completion, AEG Power Solutions, Inc. will operate as a wholly owned subsidiary of Hammond Power Solutions Inc., with its leadership team expected to continue overseeing day-to-day operations. The transaction will be funded through a new committed syndicated debt arrangement, consisting of a term loan and a revolving debt facility.
For the year ending December 31, 2025, AEG Power Solutions reported revenue of CAD 326 million.
The transaction is subject to regulatory approvals and other customary conditions and is expected to close in the second quarter of 2026.
JPMorgan Chase & Co. acted as financial advisor for Hammond Power Solutions Inc. The transaction is expected to be accretive to adjusted EPS in the first year. Announcement • Nov 11
Hammond Power Solutions Inc. (TSX:HPS.A) acquired an unknown minority stake in Verdyn Inc. Hammond Power Solutions Inc. (TSX:HPS.A) acquired an unknown minority stake in Verdyn Inc. on November 10, 2025. This partnership aligns Verdyn’s next-generation power-quality solutions with HPS’s market access and leading distribution footprint, accelerating Verdyn’s growth and enabling HPS to expand into complementary power-quality offerings.
Hammond Power Solutions Inc. (TSX:HPS.A) completed the acquisition of an unknown minority stake in Verdyn Inc. on November 10, 2025. Announcement • Sep 02
Hammond Power Solutions Inc. to Report Q3, 2025 Results on Oct 23, 2025 Hammond Power Solutions Inc. announced that they will report Q3, 2025 results After-Market on Oct 23, 2025 Announcement • Aug 29
Hammond Power Solutions Inc. Declares Quarterly Cash Dividend on Class A Subordinate and Class B Common Share, Payable on September 25, 2025 The Board of Directors of Hammond Power Solutions Inc. declared a quarterly cash dividend of twenty-seven and a half cents ($0.275) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of twenty-seven and a half cents ($0.275) per Class B Common Share of HPS payable on September 25, 2025, to shareholders of record at the close of business on September 18, 2025. The ex-dividend date is September 18, 2025. Announcement • Jul 10
Hammond Power Solutions Inc. to Report Q2, 2025 Results on Jul 24, 2025 Hammond Power Solutions Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025 Announcement • Jun 10
Hammond Power Solutions Inc. Declares Quarterly Cash Dividend on Class A Subordinate and Class B Common Share, Payable on June 27, 2025 The Board of Directors of Hammond Power Solutions Inc. declared a quarterly cash dividend of twenty-seven and a half cents ($0.275) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of twenty-seven and a half cents ($0.275) per Class B Common Share of HPS payable on June 27, 2025, to shareholders of record at the close of business on June 20, 2025. The ex-dividend date is June 20, 2025. Announcement • Apr 21
Hammond Power Solutions Inc. to Report Q1, 2025 Results on May 01, 2025 Hammond Power Solutions Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 01, 2025 Announcement • Mar 26
Hammond Power Solutions Announces Director Exchanges Hammond Power Solutions Inc. announced the retirement of Grant Robinson from the board of directors of the Company, effective March 25, 2025. Grant was originally scheduled to retire at the upcoming shareholders meeting of the Company on May 8, 2025, but was recently diagnosed with a significant health issue that will require his immediate time and focus. Fred Jaques will immediately assume the lead director role. Announcement • Mar 06
Hammond Power Solutions Inc. Declares Quarterly Cash Dividend on Class A Subordinate and Class B Common Share, Payable on March 28, 2025 Hammond Power Solutions Inc. declared a quarterly cash dividend of $0.275 per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of $0.275 per Class B Common Share of HPS payable on March 28, 2025, to shareholders of record at the close of business on March 21, 2025. The ex-dividend date is March 21, 2025. Announcement • Feb 24
Hammond Power Solutions Inc., Annual General Meeting, May 08, 2025 Hammond Power Solutions Inc., Annual General Meeting, May 08, 2025. Location: ontario, guelph Canada Announcement • Feb 14
Hammond Power Solutions Inc. to Report Q4, 2024 Results on Mar 20, 2025 Hammond Power Solutions Inc. announced that they will report Q4, 2024 results After-Market on Mar 20, 2025 Announcement • Dec 03
Hammond Power Solutions Declares Quarterly Dividend, Payable on December 20, 2024 The Board of Directors of Hammond Power Solutions Inc. declared a quarterly cash dividend of $0.275 per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of $0.275 per Class B Common Share of HPS payable on December 20, 2024, to shareholders of record at the close of business on December 13, 2024. The ex-dividend date is December 13, 2024. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €77.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Electrical industry in Germany. Total returns to shareholders of 63% over the past year. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CA$1.37 (vs CA$1.21 in 3Q 2023) Third quarter 2024 results: EPS: CA$1.37 (up from CA$1.21 in 3Q 2023). Revenue: CA$192.0m (up 6.9% from 3Q 2023). Net income: CA$16.3m (up 13% from 3Q 2023). Profit margin: 8.5% (up from 8.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Germany. Recent Insider Transactions • Sep 29
Chair of the Board recently sold €43m worth of stock On the 27th of September, William Hammond sold around 500k shares on-market at roughly €86.95 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was William's only on-market trade for the last 12 months. Announcement • Sep 27
Hammond Power Solutions Inc. has completed a Follow-on Equity Offering in the amount of CAD 56.95749 million. Hammond Power Solutions Inc. has completed a Follow-on Equity Offering in the amount of CAD 56.95749 million.
Security Name: Class A Subordinate Voting Shares
Security Type: Common Stock
Securities Offered: 434,790
Price\Range: CAD 131
Discount Per Security: CAD 6.55 Announcement • Sep 26
Hammond Power Solutions Inc. has filed a Follow-on Equity Offering in the amount of CAD 56.95749 million. Hammond Power Solutions Inc. has filed a Follow-on Equity Offering in the amount of CAD 56.95749 million.
Security Name: Class A Subordinate Voting Shares
Security Type: Common Stock
Securities Offered: 434,790
Price\Range: CAD 131 Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €91.50, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Electrical industry in Germany. Total returns to shareholders of 155% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €160 per share. Declared Dividend • Sep 16
Second quarter dividend of CA$0.28 announced Shareholders will receive a dividend of CA$0.28. Ex-date: 20th September 2024 Payment date: 27th September 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €80.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Electrical industry in Germany. Total returns to shareholders of 99% over the past year. Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: CA$1.98 (vs CA$1.12 in 2Q 2023) Second quarter 2024 results: EPS: CA$1.98 (up from CA$1.12 in 2Q 2023). Revenue: CA$197.2m (up 14% from 2Q 2023). Net income: CA$23.6m (up 77% from 2Q 2023). Profit margin: 12% (up from 7.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €74.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Electrical industry in Germany. Total returns to shareholders of 121% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €128 per share. Upcoming Dividend • Jun 11
Upcoming dividend of CA$0.28 per share Eligible shareholders must have bought the stock before 18 June 2024. Payment date: 25 June 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.7%). Valuation Update With 7 Day Price Move • May 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €71.50, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Electrical industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €58.09 per share. Buy Or Sell Opportunity • May 03
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to €74.00. The fair value is estimated to be €60.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 54%. Revenue is forecast to grow by 8.6% in a year. Earnings are forecast to grow by 26% in the next year. Announcement • May 03
Hammond Power Solutions Inc. to Report Q2, 2024 Results on Jul 25, 2024 Hammond Power Solutions Inc. announced that they will report Q2, 2024 results After-Market on Jul 25, 2024 Announcement • Apr 30
Hammond Power Solutions Inc. Declares Quarterly Cash Dividend, Payable on June 25, 2024 Hammond Power Solutions Inc. declared a quarterly cash dividend of twenty-seven and half cents ($0.275) per Class A subordinate voting shares of HPS and a quarterly cash dividend of twenty-seven and half cents ($0.275) per Class B common shares of HPS payable on June 25, 2024. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CA$0.67 (vs CA$1.32 in 1Q 2023) First quarter 2024 results: EPS: CA$0.67 (down from CA$1.32 in 1Q 2023). Revenue: CA$190.7m (up 11% from 1Q 2023). Net income: CA$7.95m (down 49% from 1Q 2023). Profit margin: 4.2% (down from 9.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electrical industry in Germany. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €89.50, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Electrical industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €51.49 per share. New Risk • Apr 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). New Risk • Apr 11
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Declared Dividend • Apr 01
Dividend of CA$0.28 announced Shareholders will receive a dividend of CA$0.28. Ex-date: 18th June 2024 Payment date: 25th June 2024 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 30%. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CA$5.33 (vs CA$3.79 in FY 2022) Full year 2023 results: EPS: CA$5.33 (up from CA$3.79 in FY 2022). Revenue: CA$710.1m (up 27% from FY 2022). Net income: CA$63.4m (up 41% from FY 2022). Profit margin: 8.9% (up from 8.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electrical industry in Germany. Announcement • Mar 28
Hammond Power Solutions Inc. Increases Quarterly Cash Dividend, Payable on June 25, 2024 The Board of Directors of Hammond Power Solutions Inc.declared a quarterly cash dividend of $0.275 per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of $0.275 per Class B Common Share of HPS payable on June 25, 2024, to shareholders of record at the close of business on June 18, 2024. The ex-dividend date is June 18, 2024. Upcoming Dividend • Mar 13
Upcoming dividend of CA$0.15 per share Eligible shareholders must have bought the stock before 20 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 9.6% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.0%). Declared Dividend • Mar 10
Third quarter dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 20th March 2024 Payment date: 28th March 2024 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 67%. Announcement • Mar 06
Hammond Power Solutions Inc. Declares Quarterly Dividend, Payable on March 28, 2024 The Board of Directors of Hammond Power Solutions Inc. declared a quarterly cash dividend of fifteen cents ($0.15) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of fifteen cents per Class B Common Share of HPS payable on March 28, 2024, to shareholders of record at the close of business on March 21, 2024. The ex-dividend date is March 20, 2024. Announcement • Feb 23
Hammond Power Solutions Inc., Annual General Meeting, May 09, 2024 Hammond Power Solutions Inc., Annual General Meeting, May 09, 2024. Buy Or Sell Opportunity • Feb 12
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 45% to €72.00. The fair value is estimated to be €57.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 25% in the next 2 years. Announcement • Feb 02
Hammond Power Solutions Inc. Announces Chief Operations Officer Changes Hammond Power Solutions Inc. announced the appointment of Mr. John Bailey as Chief Operations Officer (“COO”) effective as of January 1, 2024, who will succeed Mr. Bohdan (Bob) Yusyp who is expected to be retiring in April 2024. Prior to HPS, John held leadership roles in production supervision and materials management within the automotive sector with organizations such as Stackpole Ltd. John holds Diplomas in International Trade and Materials Management and Distribution from Sir Sanford Fleming College and is currently finalizing his EMBA from University of Fredericton. Buy Or Sell Opportunity • Jan 20
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 56% to €61.50. The fair value is estimated to be €50.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 25% in the next 2 years. Recent Insider Transactions • Dec 18
Independent Lead Director recently sold €553k worth of stock On the 14th of December, Grant Robinson sold around 10k shares on-market at roughly €55.27 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €967k. Insiders have been net sellers, collectively disposing of €2.7m more than they bought in the last 12 months. Announcement • Dec 01
Hammond Power Solutions Inc. Declares Quarterly Cash Dividend, Payable on December 15, 2023 The Board of Directors of Hammond Power Solutions Inc. (HPS) declared a quarterly cash dividend of $0.15 per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of $0.15 per Class B Common Share of HPS payable on December 15, 2023, to shareholders of record at the close of business on December 8, 2023. The ex-dividend date is December 7, 2023. Recent Insider Transactions • Nov 09
Independent Lead Director recently sold €967k worth of stock On the 6th of November, Grant Robinson sold around 20k shares on-market at roughly €48.33 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.8m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €48.20, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Electrical industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €49.64 per share. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CA$1.21 (vs CA$0.97 in 3Q 2022) Third quarter 2023 results: EPS: CA$1.21 (up from CA$0.97 in 3Q 2022). Revenue: CA$179.5m (up 21% from 3Q 2022). Net income: CA$14.4m (up 25% from 3Q 2022). Profit margin: 8.0% (up from 7.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electrical industry in Germany. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €38.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Electrical industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €67.05 per share. Announcement • Sep 06
Hammond Power Solutions Increases Quarterly Cash Dividend, Payable on September 22, 2023 The Board of Directors of Hammond Power Solutions Inc. declared a quarterly cash dividend of $0.15 per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of $0.15 per Class B Common Share of HPS payable on September 22, 2023, to shareholders of record at the close of business on September 15, 2023. The ex-dividend date is September 14, 2023. Recent Insider Transactions • Aug 08
Independent Director recently sold €205k worth of stock On the 3rd of August, Frederick Jaques sold around 5k shares on-market at roughly €41.86 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €879k. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: CA$1.12 (vs CA$0.55 in 2Q 2022) Second quarter 2023 results: EPS: CA$1.12 (up from CA$0.55 in 2Q 2022). Revenue: CA$172.5m (up 25% from 2Q 2022). Net income: CA$13.3m (up 105% from 2Q 2022). Profit margin: 7.7% (up from 4.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany. 
