Hammond Manufacturing Stock Performance
| HMM-A Stock | CAD 10.45 0.46 4.60% |
Hammond Manufacturing has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hammond Manufacturing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hammond Manufacturing is expected to be smaller as well. Hammond Manufacturing right now retains a risk of 2.13%. Please check out Hammond Manufacturing standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Hammond Manufacturing will be following its current trending patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Hammond Manufacturing are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Hammond Manufacturing may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Forward Dividend Yield 0.0062 | Payout Ratio 0.0365 | Forward Dividend Rate 0.06 | Dividend Date 2024-08-23 | Ex Dividend Date 2024-08-12 |
1 | Hammond Manufacturing Third Quarter 2024 Earnings EPS CA0. - Yahoo Finance | 10/31/2024 |
| Begin Period Cash Flow | 942 K | |
| Free Cash Flow | 3.1 M |
Hammond |
Hammond Manufacturing Relative Risk vs. Return Landscape
If you would invest 943.00 in Hammond Manufacturing on September 3, 2024 and sell it today you would earn a total of 102.00 from holding Hammond Manufacturing or generate 10.82% return on investment over 90 days. Hammond Manufacturing is generating 0.1828% of daily returns and assumes 2.1281% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Hammond, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hammond Manufacturing Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hammond Manufacturing's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hammond Manufacturing, and traders can use it to determine the average amount a Hammond Manufacturing's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0859
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Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Hammond Manufacturing is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hammond Manufacturing by adding it to a well-diversified portfolio.
Hammond Manufacturing Fundamentals Growth
Hammond Stock prices reflect investors' perceptions of the future prospects and financial health of Hammond Manufacturing, and Hammond Manufacturing fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hammond Stock performance.
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0885 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 155.69 M | |||
| Shares Outstanding | 8.56 M | |||
| Price To Earning | 4.78 X | |||
| Price To Book | 1.05 X | |||
| Price To Sales | 0.47 X | |||
| Revenue | 238.28 M | |||
| Gross Profit | 71.91 M | |||
| EBITDA | 36.61 M | |||
| Net Income | 18.76 M | |||
| Cash And Equivalents | 1.01 M | |||
| Cash Per Share | 0.09 X | |||
| Total Debt | 56.45 M | |||
| Debt To Equity | 75.30 % | |||
| Current Ratio | 1.47 X | |||
| Book Value Per Share | 9.94 X | |||
| Cash Flow From Operations | 16.89 M | |||
| Earnings Per Share | 1.65 X | |||
| Market Capitalization | 109.38 M | |||
| Total Asset | 189.54 M | |||
| Retained Earnings | 85.67 M | |||
| Working Capital | 43.08 M | |||
About Hammond Manufacturing Performance
Assessing Hammond Manufacturing's fundamental ratios provides investors with valuable insights into Hammond Manufacturing's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Hammond Manufacturing is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 162.13 | 101.14 | |
| Return On Tangible Assets | 0.10 | 0.10 | |
| Return On Capital Employed | 0.23 | 0.24 | |
| Return On Assets | 0.10 | 0.10 | |
| Return On Equity | 0.19 | 0.20 |
Things to note about Hammond Manufacturing performance evaluation
Checking the ongoing alerts about Hammond Manufacturing for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hammond Manufacturing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hammond Manufacturing has accumulated C$56.45 Million in debt which can lead to volatile earnings | |
| About 20.0% of the company shares are held by company insiders |
- Analyzing Hammond Manufacturing's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hammond Manufacturing's stock is overvalued or undervalued compared to its peers.
- Examining Hammond Manufacturing's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hammond Manufacturing's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hammond Manufacturing's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hammond Manufacturing's stock. These opinions can provide insight into Hammond Manufacturing's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Hammond Stock Analysis
When running Hammond Manufacturing's price analysis, check to measure Hammond Manufacturing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hammond Manufacturing is operating at the current time. Most of Hammond Manufacturing's value examination focuses on studying past and present price action to predict the probability of Hammond Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hammond Manufacturing's price. Additionally, you may evaluate how the addition of Hammond Manufacturing to your portfolios can decrease your overall portfolio volatility.