HMDPF (Hammond Power Solutions) Piotroski F-Score: 3 (As of Jun. 24, 2026) — 50% Below Median


HMDPF Hammond Power Solutions Inc HMDPF
82 GF Score
Price $218.02
GF Value $114.14
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Hammond Power Solutions Piotroski F-Score?

Hammond Power Solutions HMDPF -7.48% 82 Piotroski F-Score is 3 as of Jun. 24, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates HMDPF with a GF Score™ of 82/100 and a GF Value™ of $114.14 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,979 Industrial Products companies, Hammond Power Solutions ranks worse than 82.31% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Hammond Power Solutions has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Hammond Power Solutions's Piotroski F-Score or its related term are showing as below:

HMDPF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 3

During the past 13 years, the highest Piotroski F-Score of Hammond Power Solutions was 9. The lowest was 2. And the median was 6.

Hammond Power Solutions  (OTCPK:HMDPF) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Hammond Power Solutions Piotroski F-Score Related Terms


Hammond Power Solutions Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Hammond Power Solutions's Piotroski F-Score can be seen below:

* 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 Power Solutions Piotroski F-Score Chart

Hammond Power Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 7.00 5.00 4.00 4.00

Hammond Power Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 2.00 2.00 4.00 3.00

HMDPF vs VRT, BE: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, Hammond Power Solutions's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Power Solutions Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hammond Power Solutions's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Hammond Power Solutions's Piotroski F-Score falls into.


HMDPF
82GF Score
Hammond Power Solutions Inc HMDPF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 9.786 + 12.607 + 11.021 + 14.26 = $47.7 Mil.
Cash Flow from Operations was 0.031 + -1.545 + 23.234 + 8.275 = $30.0 Mil.
Revenue was 164.193 + 157.829 + 184.191 + 193.032 = $699.2 Mil.
Gross Profit was 50.345 + 47.482 + 53.867 + 58.157 = $209.9 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(355.535 + 384.876 + 421.948 + 424.984 + 459.931) / 5 = $409.4548 Mil.
Total Assets at the begining of this year (Mar25) was $355.5 Mil.
Long-Term Debt & Capital Lease Obligation was $13.5 Mil.
Total Current Assets was $320.5 Mil.
Total Current Liabilities was $175.7 Mil.
Net Income was 17.213 + 12.041 + 16.62 + 18.266 = $64.1 Mil.

Revenue was 143.898 + 141.719 + 146.33 + 140.292 = $572.2 Mil.
Gross Profit was 47.24 + 47.941 + 47.792 + 44.241 = $187.2 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(312.336 + 314.872 + 335.365 + 346.137 + 355.535) / 5 = $332.849 Mil.
Total Assets at the begining of last year (Mar24) was $312.3 Mil.
Long-Term Debt & Capital Lease Obligation was $11.1 Mil.
Total Current Assets was $241.9 Mil.
Total Current Liabilities was $115.1 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Hammond Power Solutions's current Net Income (TTM) was 47.7. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Hammond Power Solutions's current Cash Flow from Operations (TTM) was 30.0. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=47.674/355.535
=0.13409088

ROA (Last Year)=Net Income/Total Assets (Mar24)
=64.14/312.336
=0.20535577

Hammond Power Solutions's return on assets of this year was 0.13409088. Hammond Power Solutions's return on assets of last year was 0.20535577. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Hammond Power Solutions's current Net Income (TTM) was 47.7. Hammond Power Solutions's current Cash Flow from Operations (TTM) was 30.0. ==> 30.0 <= 47.7 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=13.507/409.4548
=0.03298777

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=11.099/332.849
=0.03334545

Hammond Power Solutions's gearing of this year was 0.03298777. Hammond Power Solutions's gearing of last year was 0.03334545. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=320.523/175.747
=1.82377509

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=241.929/115.068
=2.10248722

Hammond Power Solutions's current ratio of this year was 1.82377509. Hammond Power Solutions's current ratio of last year was 2.10248722. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Hammond Power Solutions's number of shares in issue this year was 11.93. Hammond Power Solutions's number of shares in issue last year was 11.919. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=209.851/699.245
=0.30011083

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=187.214/572.239
=0.3271605

Hammond Power Solutions's gross margin of this year was 0.30011083. Hammond Power Solutions's gross margin of last year was 0.3271605. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=699.245/355.535
=1.96674026

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=572.239/312.336
=1.8321263

Hammond Power Solutions's asset turnover of this year was 1.96674026. Hammond Power Solutions's asset turnover of last year was 1.8321263. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+0+1+0+0+0+1
=4

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Hammond Power Solutions has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Hammond Power Solutions (HMDPF) has a Piotroski F-Score of 3 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hammond Power Solutions and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, Hammond Power Solutions' Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Hammond Power Solutions ranks #2452 out of 2979 companies in the Industrial Products industry, placing it in the top 82.3%.
Is Hammond Power Solutions' Piotroski F-Score too high?
Hammond Power Solutions' current Piotroski F-Score of 3 is 50% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Hammond Power Solutions' value of 3 is 40% below this industry median. Based on the distribution chart, Hammond Power Solutions ranks #2452 out of 2979 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hammond Power Solutions has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hammond Power Solutions' Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hammond Power Solutions ranks #2452 out of 2979 companies for Piotroski F-Score. This places Hammond Power Solutions in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Hammond Power Solutions' value of 3 is 40% below this benchmark. Historically, Hammond Power Solutions' own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Hammond Power Solutions has consistently been below 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 Piotroski F-Score for an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hammond Power Solutions's current Piotroski F-Score of 3 is 40% below 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hammond Power Solutions and its competitors. For the Industrial Products industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hammond Power Solutions's current Piotroski F-Score is 3, which is 50% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hammond Power Solutions stock overvalued right now?
Based on GuruFocus' analysis, Hammond Power Solutions (HMDPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $114.14, compared to a current price of $218.02 — trading 91% above its estimated fair value. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 40% below the Industrial Products industry median of 5.00. Hammond Power Solutions' overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Hammond Power Solutions (HMDPF), the current Piotroski F-Score is 3 as of Jun. 24, 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 Power Solutions (HMDPF) Overvalued in 2026?

Based on GuruFocus' analysis, Hammond Power Solutions stock appears to be overvalued. The current stock price of $218.02 is trading 91% above its estimated GF Value™ of $114.14. GuruFocus considers Hammond Power Solutions to be Significantly Overvalued.

Key valuation signals for HMDPF:

  • Piotroski F-Score: 3 (50% below median its 10-year median of 6.00)
  • GF Value™: $114.14 vs. price of $218.02 (91% above fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 40% below the Industrial Products median (#2452 of 2979)

No single metric tells the full story. See the HMDPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hammond Power Solutions Business Description

Other Exchanges T11:GermanyHPS.A:Canada
Address 595 Southgate Drive, Guelph, ON, CAN, N1G 3W6
Hammond Power Solutions Inc is engaged in designing and manufacturing 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 from which it derives majority revenue in the United States and Mexico.
82GF Score

Get the complete analysis for HMDPF

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$218.02
Price
$114.14
GF Value