Hammond Manufacturing Company Limited (HMM-A) - Net Assets
Based on the latest financial reports, Hammond Manufacturing Company Limited (HMM-A) has net assets worth CA$137.13 Million CAD (≈ $99.20 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$245.90 Million ≈ $177.88 Million USD) and total liabilities (CA$108.77 Million ≈ $78.68 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Hammond Manufacturing Company Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$137.13 Million |
| % of Total Assets | 55.77% |
| Annual Growth Rate | 5.72% |
| 5-Year Change | 91.63% |
| 10-Year Change | 204.26% |
| Growth Volatility | 12.53 |
Hammond Manufacturing Company Limited - Net Assets Trend (1996–2025)
This chart illustrates how Hammond Manufacturing Company Limited's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Hammond Manufacturing Company Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hammond Manufacturing Company Limited (1996–2025)
The table below shows the annual net assets of Hammond Manufacturing Company Limited from 1996 to 2025. For live valuation and market cap data, see Hammond Manufacturing Company Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$131.64 Million ≈ $95.22 Million |
+10.12% |
| 2024-12-31 | CA$119.53 Million ≈ $86.47 Million |
+20.74% |
| 2023-12-31 | CA$99.00 Million ≈ $71.61 Million |
+21.40% |
| 2022-12-31 | CA$81.55 Million ≈ $58.99 Million |
+18.71% |
| 2021-12-31 | CA$68.69 Million ≈ $49.69 Million |
+11.62% |
| 2020-12-31 | CA$61.54 Million ≈ $44.52 Million |
+12.45% |
| 2019-12-31 | CA$54.73 Million ≈ $39.59 Million |
+6.48% |
| 2018-12-31 | CA$51.40 Million ≈ $37.18 Million |
+10.40% |
| 2017-12-31 | CA$46.56 Million ≈ $33.68 Million |
+7.61% |
| 2016-12-31 | CA$43.26 Million ≈ $31.30 Million |
-0.61% |
| 2015-12-31 | CA$43.53 Million ≈ $31.49 Million |
+15.94% |
| 2014-12-31 | CA$37.54 Million ≈ $27.16 Million |
+12.28% |
| 2013-12-31 | CA$33.44 Million ≈ $24.19 Million |
+8.68% |
| 2012-12-31 | CA$30.77 Million ≈ $22.26 Million |
+4.41% |
| 2011-12-31 | CA$29.47 Million ≈ $21.32 Million |
+3.39% |
| 2010-12-31 | CA$28.50 Million ≈ $20.62 Million |
+6.76% |
| 2009-12-31 | CA$26.70 Million ≈ $19.31 Million |
-0.16% |
| 2008-12-31 | CA$26.74 Million ≈ $19.34 Million |
+22.37% |
| 2007-12-31 | CA$21.85 Million ≈ $15.81 Million |
+1.16% |
| 2006-12-31 | CA$21.60 Million ≈ $15.63 Million |
+5.78% |
| 2005-12-31 | CA$20.42 Million ≈ $14.77 Million |
-2.02% |
| 2004-12-31 | CA$20.84 Million ≈ $15.08 Million |
+1.03% |
| 2003-12-31 | CA$20.63 Million ≈ $14.92 Million |
-1.16% |
| 2002-12-31 | CA$20.87 Million ≈ $15.10 Million |
+4.62% |
| 2001-12-31 | CA$19.95 Million ≈ $14.43 Million |
-49.32% |
| 2000-12-31 | CA$39.36 Million ≈ $28.47 Million |
+8.13% |
| 1999-12-31 | CA$36.40 Million ≈ $26.33 Million |
+9.31% |
| 1998-12-31 | CA$33.30 Million ≈ $24.09 Million |
+11.74% |
| 1997-12-31 | CA$29.80 Million ≈ $21.56 Million |
+13.74% |
| 1996-12-31 | CA$26.20 Million ≈ $18.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hammond Manufacturing Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2339.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$117.10 Million | 88.95% |
| Common Stock | CA$10.25 Million | 7.79% |
| Other Comprehensive Income | CA$4.00 Million | 3.04% |
| Other Components | CA$290.00K | 0.22% |
| Total Equity | CA$131.64 Million | 100.00% |
Hammond Manufacturing Company Limited Competitors by Market Cap
The table below lists competitors of Hammond Manufacturing Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hankook Cosmetics Manufacturing Co Ltd
KO:003350
|
$101.83 Million |
|
MNtech Co. Ltd
KQ:095500
|
$101.84 Million |
|
Quick Heal Technologies Limited
NSE:QUICKHEAL
|
$101.86 Million |
|
Piscines Desjoyaux SA
PA:ALPDX
|
$101.87 Million |
|
Hyundai Everdigm Corp
KQ:041440
|
$101.81 Million |
|
SYN-Tech Chem & Pharm Co Ltd
TWO:1777
|
$101.71 Million |
|
Eolus Vind AB (publ)
ST:EOLU-B
|
$101.67 Million |
|
Fortune Oriental Co Ltd
TW:2491
|
$101.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hammond Manufacturing Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 119,535,000 to 131,636,000, a change of 12,101,000 (10.1%).
- Net income of 14,408,000 contributed positively to equity growth.
- Dividend payments of 680,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,627,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$14.41 Million | +10.95% |
| Dividends Paid | CA$680.00K | -0.52% |
| Other Comprehensive Income | CA$-1.63 Million | -1.24% |
| Total Change | CA$- | 10.12% |
Book Value vs Market Value Analysis
This analysis compares Hammond Manufacturing Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.42x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.58x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CA$2.17 | CA$16.45 | x |
| 1997-12-31 | CA$2.57 | CA$16.45 | x |
| 1998-12-31 | CA$2.87 | CA$16.45 | x |
| 1999-12-31 | CA$3.20 | CA$16.45 | x |
| 2000-12-31 | CA$3.49 | CA$16.45 | x |
| 2001-12-31 | CA$1.77 | CA$16.45 | x |
| 2002-12-31 | CA$1.85 | CA$16.45 | x |
| 2003-12-31 | CA$1.81 | CA$16.45 | x |
| 2004-12-31 | CA$1.84 | CA$16.45 | x |
| 2005-12-31 | CA$1.81 | CA$16.45 | x |
| 2006-12-31 | CA$1.84 | CA$16.45 | x |
| 2007-12-31 | CA$2.54 | CA$16.45 | x |
| 2008-12-31 | CA$2.36 | CA$16.45 | x |
| 2009-12-31 | CA$2.36 | CA$16.45 | x |
| 2010-12-31 | CA$2.51 | CA$16.45 | x |
| 2011-12-31 | CA$2.60 | CA$16.45 | x |
| 2012-12-31 | CA$2.71 | CA$16.45 | x |
| 2013-12-31 | CA$2.95 | CA$16.45 | x |
| 2014-12-31 | CA$3.31 | CA$16.45 | x |
| 2015-12-31 | CA$3.84 | CA$16.45 | x |
| 2016-12-31 | CA$3.82 | CA$16.45 | x |
| 2017-12-31 | CA$4.11 | CA$16.45 | x |
| 2018-12-31 | CA$4.53 | CA$16.45 | x |
| 2019-12-31 | CA$4.83 | CA$16.45 | x |
| 2020-12-31 | CA$5.43 | CA$16.45 | x |
| 2021-12-31 | CA$6.06 | CA$16.45 | x |
| 2022-12-31 | CA$7.19 | CA$16.45 | x |
| 2023-12-31 | CA$8.73 | CA$16.45 | x |
| 2024-12-31 | CA$10.55 | CA$16.45 | x |
| 2025-12-31 | CA$11.60 | CA$16.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hammond Manufacturing Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.12%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 1.83x
- Recent ROE (10.95%) is above the historical average (7.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 13.36% | 2.33% | 2.33x | 2.45x | CA$880.00K |
| 1997 | 12.08% | 2.29% | 2.22x | 2.39x | CA$620.00K |
| 1998 | 10.81% | 2.16% | 1.92x | 2.59x | CA$270.00K |
| 1999 | 9.07% | 2.02% | 1.98x | 2.26x | CA$-340.00K |
| 2000 | 2.61% | 0.55% | 1.88x | 2.53x | CA$-2.91 Million |
| 2001 | 1.31% | 0.44% | 1.39x | 2.16x | CA$-1.73 Million |
| 2002 | 5.25% | 1.84% | 1.47x | 1.94x | CA$-991.00K |
| 2003 | -0.16% | -0.06% | 1.42x | 1.93x | CA$-2.10 Million |
| 2004 | 0.96% | 0.34% | 1.43x | 2.00x | CA$-1.88 Million |
| 2005 | -2.11% | -0.64% | 1.52x | 2.17x | CA$-2.47 Million |
| 2006 | 5.43% | 1.65% | 1.42x | 2.32x | CA$-986.20K |
| 2007 | 0.79% | 0.24% | 1.49x | 2.25x | CA$-2.01 Million |
| 2008 | 18.28% | 6.26% | 1.61x | 1.81x | CA$2.21 Million |
| 2009 | -0.16% | -0.06% | 1.56x | 1.66x | CA$-2.71 Million |
| 2010 | 7.13% | 2.59% | 1.67x | 1.66x | CA$-818.20K |
| 2011 | 6.01% | 2.07% | 1.65x | 1.76x | CA$-1.18 Million |
| 2012 | 5.40% | 1.80% | 1.69x | 1.78x | CA$-1.41 Million |
| 2013 | 6.75% | 2.45% | 1.65x | 1.68x | CA$-1.09 Million |
| 2014 | 9.69% | 3.45% | 1.78x | 1.58x | CA$-117.20K |
| 2015 | 8.16% | 3.03% | 1.48x | 1.82x | CA$-802.80K |
| 2016 | 1.58% | 0.59% | 1.41x | 1.90x | CA$-3.64 Million |
| 2017 | 9.79% | 3.58% | 1.48x | 1.84x | CA$-95.70K |
| 2018 | 7.32% | 2.59% | 1.44x | 1.96x | CA$-1.38 Million |
| 2019 | 8.68% | 3.20% | 1.33x | 2.04x | CA$-724.00K |
| 2020 | 12.55% | 5.21% | 1.23x | 1.95x | CA$1.57 Million |
| 2021 | 11.21% | 4.05% | 1.39x | 1.99x | CA$832.80K |
| 2022 | 14.72% | 5.31% | 1.34x | 2.06x | CA$3.85 Million |
| 2023 | 18.95% | 7.87% | 1.26x | 1.91x | CA$8.86 Million |
| 2024 | 15.37% | 7.50% | 1.14x | 1.80x | CA$6.42 Million |
| 2025 | 10.95% | 5.12% | 1.17x | 1.83x | CA$1.24 Million |
Industry Comparison
This section compares Hammond Manufacturing Company Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $26,732,732
- Average return on equity (ROE) among peers: -56.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hammond Manufacturing Company Limited (HMM-A) | CA$137.13 Million | 13.36% | 0.79x | $101.81 Million |
| Braille Energy Systems Inc (BES) | $977.51K | -21.21% | 0.00x | $2.51 Million |
| Ballard Power Systems Inc (BLDP) | $92.34 Million | -36.19% | 0.79x | $875.15 Million |
| Eguana Technologies Inc (EGT) | $3.95 Million | -223.41% | 1.46x | $2.94 Million |
| Electrovaya Inc. (ELVA) | $5.17 Million | -66.71% | 1.39x | $499.77 Million |
| Enerev5 Metals Inc (ENEV) | $-677.91K | 0.00% | 0.00x | $1.17 Million |
| Tantalus Systems Holding Inc (GRID) | $-2.73 Million | 0.00% | 0.00x | $207.84 Million |
| Hammond Power Solutions Inc (HPS-A) | $108.73 Million | -11.88% | 0.89x | $2.10 Billion |
| Legend Power Systems Inc (LPS) | $1.79 Million | -128.02% | 0.64x | $15.57 Million |
| FuelPositive Corp (NHHH) | $31.04 Million | -21.31% | 0.06x | $13.94 Million |
About Hammond Manufacturing Company Limited
Hammond Manufacturing Company Limited, together with its subsidiaries, designs, manufactures, and sells electrical and electronic components in Canada, the United States, the United Kingdom, and Australia. The company offers electrical enclosures cabinets, including mild and stainless steel, aluminum, non-metallic, disconnect, modular freestanding, operator interface, and commercial enclosures, a… Read more