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Bullboard - Stock Discussion Forum Hammond Power Solutions Inc. - Class A T.HPS.A

Alternate Symbol(s):  HMDPF

Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India. The company operates in various geographical markets including Canada, the United States, Mexico, and India in which it derives majority revenue in the United States and Mexico.

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Hammond Power Solutions Inc. - Class A > here come the upward revisions
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here come the upward revisions

microcaphobby (89) | August 05, 2022 09:48 am

Hammond Power Solutions (HPS-A:CN) PT Raised to Cdn$22 at Canaccord Genuity

RE:here come the upward revisions

undervalue (130) | August 05, 2022 10:46 am

I was reading the Ivey investment fund reports a quarter ago.
They have a position in Plpc. Not the same as Hps, but products in similar utility spaces.
I bought a few at 60.
Their earning came in at 5.25 for 6 months.  Looking like $10 plus for the year.

RE:RE:here come the upward revisions

microcaphobby (89) | August 05, 2022 11:54 am

Interseting comprison. Just on a market cap to sales comparison, Hammond's market cap is 32% of sales and PLPCE is 50%  of sales.
Hammond's operatng margin is 8.56%  and plpc is 6.84%.

Hammond's growth propsects are better. 

Any way you cut it,Hammond  stock is undervalued by at least 20%. ie share should be at $20. 
These are conservative numbers . 

RE:RE:RE:here come the upward revisions

undervalue (130) | August 05, 2022 02:18 pm

I agree, i have a much larger HPS position. 
The tailwinds in the sector are noteworthy.

RE:RE:RE:RE:here come the upward revisions

Paddy902 (12) | August 09, 2022 10:12 am

I used to think $16 would be a good exit point, but they keep improving numbers and I keep adjusting upwards....that $22 target price is appealing!!