Professional
Added to YB: 2024-01-26
Pitch date: 2024-01-26
HMM-A.TO [bullish]
Hammond Manufacturing Company Limited
-2.2%
current return
Author Info
Founder of Smoak Capital who shares analysis on stocks on Twitter and in his fund letter. Follow on Twitter.
Company Info
Hammond Manufacturing Company Limited, together with its subsidiaries, designs, manufactures, and sells electrical and electronic components in Canada, the United States, and internationally.
Market Cap
CAD 108.7M
Pitch Price
CAD 11.58
Price Target
16.38 (+45%)
Dividend
0.63%
EV/EBITDA
3.58
P/E
5.83
EV/Sales
0.54
Sector
Electrical Equipment
Category
value
Smoak Capital holding: Hammond Manufacturing ($HMM-A.TO)
$HMM-A.TO: Electrical equipment mfr trades at 5x earnings despite 11% rev CAGR last 7 yrs. Facilities worth mkt cap. Peer $HPS.TO at 18x. If $HMM-A.TO at 50% discount to $HPS.TO, 80% upside (9x earnings). Mispriced due to poor communication of data center & cloud exposure.
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