Hammond Manufacturing CoHMFAF 89 Return-on-Tangible-Equity is 16.07% as of Mar. 2026, which is 37% above its 10-year median of 11.71. GuruFocus rates HMFAF with a GF Scoreâ„¢ of 89/100 and a GF Valueâ„¢ of $8.72 (Modestly Overvalued). Among 2,971 Industrial Products companies, Hammond Manufacturing Co ranks better than 68.66% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hammond Manufacturing Co's annualized net income for the quarter that ended in Mar. 2026 was $15.7 Mil. Hammond Manufacturing Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $97.4 Mil. Therefore, Hammond Manufacturing Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.07%.
The historical rank and industry rank for Hammond Manufacturing Co's Return-on-Tangible-Equity or its related term are showing as below:
HMFAF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.59 Med: 11.71 Max: 20.87
Current: 11.63
During the past 13 years, Hammond Manufacturing Co's highest Return-on-Tangible-Equity was 20.87%. The lowest was 1.59%. And the median was 11.71%.
HMFAF's Return-on-Tangible-Equity is ranked better than 68.66% of 2971
companies
in the Industrial Products industry
Industry Median: 6.72
vs HMFAF: 11.63
Hammond Manufacturing Co (OTCPK:HMFAF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Hammond Manufacturing Co Return-on-Tangible-Equity Related Terms
Hammond Manufacturing Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hammond Manufacturing Co's Return-on-Tangible-Equity 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 Manufacturing Co Return-on-Tangible-Equity Chart
HMFAF vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Hammond Manufacturing Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hammond Manufacturing Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hammond Manufacturing Co's Return-on-Tangible-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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.07% mean?
Hammond Manufacturing Co (HMFAF) has a Return-on-Tangible-Equity of 16.07% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hammond Manufacturing Co and its competitors. This is 37% above median its historical median of 11.71. Over the past decade, Hammond Manufacturing Co's Return-on-Tangible-Equity has ranged from 1.59 to 20.87. According to the industry distribution chart, Hammond Manufacturing Co ranks #931 out of 2971 companies in the Industrial Products industry, placing it in the top 31.3%.
Is Hammond Manufacturing Co's Return-on-Tangible-Equity too high?
Hammond Manufacturing Co's current Return-on-Tangible-Equity of 16.07% is 37% above median its 10-year median of 11.71. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 20.87. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Hammond Manufacturing Co's value of 16.07% is 139.1% above this industry median. Based on the distribution chart, Hammond Manufacturing Co ranks #931 out of 2971 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hammond Manufacturing Co has a GF Scoreâ„¢ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hammond Manufacturing Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hammond Manufacturing Co ranks #931 out of 2971 companies for Return-on-Tangible-Equity. This puts Hammond Manufacturing Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Hammond Manufacturing Co's value of 16.07% is 139.1% above this benchmark. Historically, Hammond Manufacturing Co's own Return-on-Tangible-Equity has ranged from 1.59 to 20.87 over the past decade. While the company's 10-year median is 11.71 vs. the industry median of 6.72, 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 Return-on-Tangible-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,971 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hammond Manufacturing Co's current Return-on-Tangible-Equity of 16.07% is 139.1% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hammond Manufacturing Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hammond Manufacturing Co's current Return-on-Tangible-Equity is 16.07%, which is 37% above median its own 10-year median of 11.71. 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 Modestly Overvalued. The stock's GF Value™ is $8.72, compared to a current price of $11.05 — trading 26.7% above its estimated fair value. The current Return-on-Tangible-Equity is 16.07%, which is 37% above median its 10-year median of 11.71 and 139.1% above the Industrial Products industry median of 6.72. Hammond Manufacturing Co's overall GF Score™ is 89/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Hammond Manufacturing Co (HMFAF), the current Return-on-Tangible-Equity is 16.07% as of Mar. 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 $11.05 is trading 26.7% above its estimated GF Value™ of $8.72.
GuruFocus considers Hammond Manufacturing Co to be Modestly Overvalued.
Key valuation signals for HMFAF:
Return-on-Tangible-Equity: 16.07% (37% above median its 10-year median of 11.71)
GF Value™: $8.72 vs. price of $11.05 (26.7% above fair value)
Industry Position: 139.1% above the Industrial Products median (#931 of 2971)
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.
89GF Score
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