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$130.38 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$231.04 Million) and total liabilities (CA$100.67 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$130.38 Million |
| % of Total Assets | 56.43% |
| Annual Growth Rate | 5.57% |
| 5-Year Change | 94.23% |
| 10-Year Change | 174.62% |
| Growth Volatility | 12.73 |
Hammond Manufacturing Company Limited - Net Assets Trend (1996–2024)
This chart illustrates how Hammond Manufacturing Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hammond Manufacturing Company Limited (1996–2024)
The table below shows the annual net assets of Hammond Manufacturing Company Limited from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$119.53 Million | +20.74% |
| 2023-12-31 | CA$99.00 Million | +21.40% |
| 2022-12-31 | CA$81.55 Million | +18.71% |
| 2021-12-31 | CA$68.69 Million | +11.62% |
| 2020-12-31 | CA$61.54 Million | +12.45% |
| 2019-12-31 | CA$54.73 Million | +6.48% |
| 2018-12-31 | CA$51.40 Million | +10.40% |
| 2017-12-31 | CA$46.56 Million | +7.61% |
| 2016-12-31 | CA$43.26 Million | -0.61% |
| 2015-12-31 | CA$43.53 Million | +15.94% |
| 2014-12-31 | CA$37.54 Million | +12.28% |
| 2013-12-31 | CA$33.44 Million | +8.68% |
| 2012-12-31 | CA$30.77 Million | +4.41% |
| 2011-12-31 | CA$29.47 Million | +3.39% |
| 2010-12-31 | CA$28.50 Million | +6.76% |
| 2009-12-31 | CA$26.70 Million | -0.16% |
| 2008-12-31 | CA$26.74 Million | +22.37% |
| 2007-12-31 | CA$21.85 Million | +1.16% |
| 2006-12-31 | CA$21.60 Million | +5.78% |
| 2005-12-31 | CA$20.42 Million | -2.02% |
| 2004-12-31 | CA$20.84 Million | +1.03% |
| 2003-12-31 | CA$20.63 Million | -1.16% |
| 2002-12-31 | CA$20.87 Million | +4.62% |
| 2001-12-31 | CA$19.95 Million | -49.32% |
| 2000-12-31 | CA$39.36 Million | +8.13% |
| 1999-12-31 | CA$36.40 Million | +9.31% |
| 1998-12-31 | CA$33.30 Million | +11.74% |
| 1997-12-31 | CA$29.80 Million | +13.74% |
| 1996-12-31 | CA$26.20 Million | -- |
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 2053.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$103.37 Million | 86.48% |
| Common Stock | CA$10.25 Million | 8.57% |
| Other Comprehensive Income | CA$5.63 Million | 4.71% |
| Other Components | CA$290.00K | 0.24% |
| Total Equity | CA$119.53 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 |
|---|---|
|
Kraft Bank Asa
OL:KRAB
|
$63.33 Million |
|
Skane mollan AB
ST:SKMO
|
$63.33 Million |
|
TaiRx, Inc.
TWO:6580
|
$63.33 Million |
|
Stellar Resources Ltd
AU:SRZ
|
$63.35 Million |
|
Samwon Steel
KO:023000
|
$63.29 Million |
|
Wave Electronics Co. Ltd
KQ:095270
|
$63.28 Million |
|
Asian Insulators PCL
BK:AI
|
$63.27 Million |
|
Galway Metals Inc.
V:GWM
|
$63.25 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 2023 to 2024, total equity changed from 98,999,000 to 119,535,000, a change of 20,536,000 (20.7%).
- Net income of 18,374,000 contributed positively to equity growth.
- Dividend payments of 680,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,842,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$18.37 Million | +15.37% |
| Dividends Paid | CA$680.00K | -0.57% |
| Other Comprehensive Income | CA$2.84 Million | +2.38% |
| Total Change | CA$- | 20.74% |
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: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.71x to 0.97x 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$10.23 | x |
| 1997-12-31 | CA$2.57 | CA$10.23 | x |
| 1998-12-31 | CA$2.87 | CA$10.23 | x |
| 1999-12-31 | CA$3.20 | CA$10.23 | x |
| 2000-12-31 | CA$3.49 | CA$10.23 | x |
| 2001-12-31 | CA$1.77 | CA$10.23 | x |
| 2002-12-31 | CA$1.85 | CA$10.23 | x |
| 2003-12-31 | CA$1.81 | CA$10.23 | x |
| 2004-12-31 | CA$1.84 | CA$10.23 | x |
| 2005-12-31 | CA$1.81 | CA$10.23 | x |
| 2006-12-31 | CA$1.84 | CA$10.23 | x |
| 2007-12-31 | CA$2.54 | CA$10.23 | x |
| 2008-12-31 | CA$2.36 | CA$10.23 | x |
| 2009-12-31 | CA$2.36 | CA$10.23 | x |
| 2010-12-31 | CA$2.51 | CA$10.23 | x |
| 2011-12-31 | CA$2.60 | CA$10.23 | x |
| 2012-12-31 | CA$2.71 | CA$10.23 | x |
| 2013-12-31 | CA$2.95 | CA$10.23 | x |
| 2014-12-31 | CA$3.31 | CA$10.23 | x |
| 2015-12-31 | CA$3.84 | CA$10.23 | x |
| 2016-12-31 | CA$3.82 | CA$10.23 | x |
| 2017-12-31 | CA$4.11 | CA$10.23 | x |
| 2018-12-31 | CA$4.53 | CA$10.23 | x |
| 2019-12-31 | CA$4.83 | CA$10.23 | x |
| 2020-12-31 | CA$5.43 | CA$10.23 | x |
| 2021-12-31 | CA$6.06 | CA$10.23 | x |
| 2022-12-31 | CA$7.19 | CA$10.23 | x |
| 2023-12-31 | CA$8.73 | CA$10.23 | x |
| 2024-12-31 | CA$10.55 | CA$10.23 | 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): 15.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.50%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 1.80x
- Recent ROE (15.37%) is above the historical average (7.62%), 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 |
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: $6,463,348
- Average return on equity (ROE) among peers: -40.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hammond Manufacturing Company Limited (HMM-A) | CA$130.38 Million | 13.36% | 0.77x | $63.32 Million |
| Braille Energy Systems Inc (BES) | $1.01 Million | -32.11% | 0.40x | $2.87 Million |
| Eguana Technologies Inc (EGT) | $2.96 Million | 2.42% | 0.58x | $4.09 Million |
| Enerev5 Metals Inc (ENEV) | $-153.74K | 0.00% | 0.00x | $2.02 Million |
| Exro Technologies Inc (EXRO) | $459.02K | -27.46% | 0.10x | $8.29 Million |
| Tantalus Systems Holding Inc (GRID) | $3.58 Million | -145.18% | 9.44x | $239.44 Million |
| Hammond Power Solutions Inc (HPS-A) | $23.02 Million | 16.76% | 0.97x | $1.49 Billion |
| Legend Power Systems Inc (LPS) | $5.35 Million | -99.91% | 0.18x | $9.75 Million |
| FuelPositive Corp (NHHH) | $20.10 Million | -21.67% | 0.03x | $17.93 Million |
| Sparq Systems Inc. (SPRQ) | $1.84 Million | -59.35% | 0.06x | $71.33 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, including mild and stainless steel, aluminum, non-metallic, disconnect, modular freestanding, operator interface, and commercial enclosures; wireway an… Read more