Added to YB: 2026-08-31
Pitch date: 2026-08-27
HPS-A.TO [neutral]
Hammond Power Solutions Inc.
-4.17%
current return
Author Info
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Company Info
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.
Market Cap
CAD 2.9B
Pitch Price
CAD 248.00
Price Target
N/A
Dividend
0.46%
EV/EBITDA
24.38
P/E
46.50
EV/Sales
2.75
Sector
Electrical Equipment
Category
growth
The August Coverage Review: Rate Cuts vs. AI Buildout, and What It's Doing to Small-Cap Performance - Hammond Power Solutions Inc.
HPS-A.TO (earnings): Hammond Power Solutions delivered a genuine operating beat: record quarterly sales rose 44.7% to C$324.8M, adjusted EBITDA increased 59.3% to C$53.2M, and adjusted EPS beat consensus by 29.6%. Backlog remains up 96.9% year over year despite a 6.9% sequential decline as Monterrey 4 reached full capacity. The key reconciliation is GAAP net income falling to C$9.4M on AEG integration costs, FX headwinds and share-based compensation.
Read full article (2 min)