HMFAF (Hammond Manufacturing Co) ROCE %: 19.26% (As of Mar. 2026)


HMFAF Hammond Manufacturing Co Ltd HMFAF
89 GF Score
Price $10.80
GF Value $8.18
Valuation Modestly Overvalued
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What is Hammond Manufacturing Co ROCE %?

Hammond Manufacturing Co HMFAF -1.37% 89 ROCE % is 19.26% as of Mar. 2026. GuruFocus rates HMFAF with a GF Score™ of 89/100 and a GF Value™ of $8.18 (Modestly Overvalued).

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Hammond Manufacturing Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.26%.

Hammond Manufacturing Co  (OTCPK:HMFAF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Hammond Manufacturing Co ROCE % Related Terms

Hammond Manufacturing Co ROCE % Historical Data

* Premium members only.

The historical data trend for Hammond Manufacturing Co's ROCE % 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 ROCE % Chart

Hammond Manufacturing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.52 17.85 24.87 20.36 14.59

Hammond Manufacturing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 19.47 16.22 14.90 7.49 19.26
HMFAF
89GF Score
Hammond Manufacturing Co Ltd HMFAF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hammond Manufacturing Co ROCE % Calculation

Hammond Manufacturing Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=16.12/( ( (150.761 - 49.162) + (170.446 - 51.068) )/ 2 )
=16.12/( (101.599+119.378)/ 2 )
=16.12/110.4885
=14.59 %

Hammond Manufacturing Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=23.344/( ( (170.446 - 51.068) + (179.227 - 56.172) )/ 2 )
=23.344/( ( 119.378 + 123.055 )/ 2 )
=23.344/121.2165
=19.26 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 19.26% mean?
Hammond Manufacturing Co (HMFAF) has a ROCE % of 19.26% as of Mar. 2026.
Is Hammond Manufacturing Co's ROCE % too high?
Hammond Manufacturing Co's current ROCE % is 19.26%. The Industrial Products industry median ROCE % is 7.09. Hammond Manufacturing Co's value of 19.26% is 171.7% above this industry median. Overall, Hammond Manufacturing Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hammond Manufacturing Co's ROCE % compare to VRT and BE?
Hammond Manufacturing Co's ROCE % of 19.26% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. Hammond Manufacturing Co's value of 19.26% is 171.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.09, based on 3,027 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hammond Manufacturing Co's current ROCE % of 19.26% is 171.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hammond Manufacturing Co's current ROCE % is 19.26%. 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 $8.18, compared to a current price of $10.80 — trading 32% above its estimated fair value. The current ROCE % is 19.26% and 171.7% above the Industrial Products industry median of 7.09. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Hammond Manufacturing Co (HMFAF), the current ROCE % is 19.26% 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 $10.80 is trading 32% above its estimated GF Value™ of $8.18. GuruFocus considers Hammond Manufacturing Co to be Modestly Overvalued.

Key valuation signals for HMFAF:

  • ROCE %: 19.26%
  • GF Value™: $8.18 vs. price of $10.80 (32% above fair value)
  • GF Score™: 89/100
  • Industry Position: 171.7% above the Industrial Products median

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 Business Description

Other Exchanges HMM.A:Canada
Address 394 Edinburgh Road North, Guelph, ON, CAN, N1H 1E5
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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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.80
Price
$8.18
GF Value