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Hammond Manufacturing CoHMFAF +4.20%85 Debt-to-Equity is 0.41 as of Jun. 2026, which is 28% below its 10-year median of 0.57. GuruFocus rates HMFAF with a GF Score™ of 85/100 and a GF Value™ of $8.67 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,679 Industrial Products companies, Hammond Manufacturing Co ranks worse than 62.97% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Hammond Manufacturing Co's Debt-to-Equity or its related term are showing as below:
HMFAF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.57 Max: 0.82
Current: 0.41
During the past 13 years, the highest Debt-to-Equity Ratio of Hammond Manufacturing Co was 0.82. The lowest was 0.41. And the median was 0.57.
HMFAF's Debt-to-Equity is ranked worse than 62.97% of 2679
companies
in the Industrial Products industry
Industry Median: 0.28
vs HMFAF: 0.41
Hammond Manufacturing Co (OTCPK:HMFAF) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Hammond Manufacturing Co Debt-to-Equity Related Terms
Hammond Manufacturing Co Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electrical Equipment & Parts subindustry, Hammond Manufacturing Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hammond Manufacturing Co Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hammond Manufacturing Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hammond Manufacturing Co's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hammond Manufacturing Co (HMFAF) has a Debt-to-Equity of 0.41 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hammond Manufacturing Co and its competitors. This is 28% below median its historical median of 0.57. Over the past decade, Hammond Manufacturing Co's Debt-to-Equity has ranged from 0.41 to 0.82. According to the industry distribution chart, Hammond Manufacturing Co ranks #1687 out of 2679 companies in the Industrial Products industry, placing it in the top 63%.
Is Hammond Manufacturing Co's Debt-to-Equity too high?
Hammond Manufacturing Co's current Debt-to-Equity of 0.41 is 28% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.82. The Industrial Products industry median Debt-to-Equity is 0.28. Hammond Manufacturing Co's value of 0.41 is 46.4% above this industry median. Based on the distribution chart, Hammond Manufacturing Co ranks #1687 out of 2679 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hammond Manufacturing Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hammond Manufacturing Co's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hammond Manufacturing Co ranks #1687 out of 2679 companies for Debt-to-Equity. This places Hammond Manufacturing Co in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Hammond Manufacturing Co's value of 0.41 is 46.4% above this benchmark. Historically, Hammond Manufacturing Co's own Debt-to-Equity has ranged from 0.41 to 0.82 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.28, Hammond Manufacturing Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,679 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hammond Manufacturing Co's current Debt-to-Equity of 0.41 is 46.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hammond Manufacturing Co and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hammond Manufacturing Co's current Debt-to-Equity is 0.41, which is 28% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hammond Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Hammond Manufacturing Co (HMFAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.67, compared to a current price of $15.03 — trading 73.3% above its estimated fair value. The current Debt-to-Equity is 0.41, which is 28% below median its 10-year median of 0.57 and 46.4% above the Industrial Products industry median of 0.28. Hammond Manufacturing Co's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Hammond Manufacturing Co (HMFAF), the current Debt-to-Equity is 0.41 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hammond Manufacturing Co (HMFAF) Overvalued in 2026?
Based on GuruFocus' analysis, Hammond Manufacturing Co stock appears to be overvalued.
The current stock price of $15.03 is trading 73.3% above its estimated GF Value™ of $8.67.
GuruFocus considers Hammond Manufacturing Co to be Significantly Overvalued.
Key valuation signals for HMFAF:
Debt-to-Equity: 0.41 (28% below median its 10-year median of 0.57)
GF Value™: $8.67 vs. price of $15.03 (73.3% above fair value)
Industry Position: 46.4% above the Industrial Products median (#1687 of 2679)
No single metric tells the full story. See the HMFAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hammond Manufacturing Co Ltd is involved in the design, manufacture and sale of electrical and electronic components. Its geographical segments are Canada, the United States, and other countries, of which key revenue is derived from the United States. The company operates in one operating segment, electrical and electronic components. The company generates revenue through the manufacturing and sales of industrial enclosures, electronic enclosures, racks and cabinets, transformers and other products. Its manufactured products include electrical and electronic enclosures, racks and cabinets, power bars, and electronic (low-voltage) transformers.
85GF Score
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