HPS-A.TO vs. MDA.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Hammond Power Solutions Inc (HPS-A.TO) and MDA Space Ltd. (MDA.TO).

Performance

HPS-A.TO vs. MDA.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hammond Power Solutions Inc (HPS-A.TO) and MDA Space Ltd. (MDA.TO). The values are adjusted to include any dividend payments, if applicable.

HPS-A.TO vs. MDA.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HPS-A.TO Hammond Power Solutions Inc	10.13%	25.75%	58.01%	310.59%	71.98%	18.36%
MDA.TO MDA Space Ltd.	32.28%	-9.79%	156.34%	80.00%	-32.63%	-34.71%

Fundamentals

Market Cap HPS-A.TO : CA$2.09B MDA.TO : CA$4.45B
EPS HPS-A.TO : CA$6.06 MDA.TO : CA$0.85
PE Ratio HPS-A.TO : 28.93 MDA.TO : 41.62
PEG Ratio HPS-A.TO : 0.47 MDA.TO : 0.17
PS Ratio HPS-A.TO : 2.33 MDA.TO : 2.77
PB Ratio HPS-A.TO : 5.93 MDA.TO : 3.29
Total Revenue (TTM) HPS-A.TO : CA$898.26M MDA.TO : CA$1.63B
Gross Profit (TTM) HPS-A.TO : CA$272.32M MDA.TO : CA$375.80M
EBITDA (TTM) HPS-A.TO : CA$122.66M MDA.TO : CA$262.20M

Returns By Period

In the year-to-date period, HPS-A.TO achieves a 10.13% return, which is significantly lower than MDA.TO's 32.28% return.

HPS-A.TO

• 1D: 4.91%
• 1M: -10.53%
• YTD: 10.13%
• 6M: 42.48%
• 1Y: 132.25%
• 3Y*: 67.87%
• 5Y*: 78.89%
• 10Y*: 43.04%

MDA.TO

• 1D: 7.37%
• 1M: -10.90%
• YTD: 32.28%
• 6M: 1.67%
• 1Y: 28.19%
• 3Y*: 71.39%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HPS-A.TO vs. MDA.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HPS-A.TO

HPS-A.TO Risk / Return Rank: 90
HPS-A.TO Sharpe Ratio Rank: 92
HPS-A.TO Sortino Ratio Rank: 89
HPS-A.TO Omega Ratio Rank: 90
HPS-A.TO Calmar Ratio Rank: 92
HPS-A.TO Martin Ratio Rank: 88

MDA.TO

MDA.TO Risk / Return Rank: 57
MDA.TO Sharpe Ratio Rank: 58
MDA.TO Sortino Ratio Rank: 56
MDA.TO Omega Ratio Rank: 58
MDA.TO Calmar Ratio Rank: 55
MDA.TO Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HPS-A.TO vs. MDA.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hammond Power Solutions Inc (HPS-A.TO) and MDA Space Ltd. (MDA.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HPS-A.TO	MDA.TO	Difference
Sharpe ratio Return per unit of total volatility	2.19	0.44	+1.76
Sortino ratio Return per unit of downside risk	2.76	1.00	+1.76
Omega ratio Gain probability vs. loss probability	1.39	1.15	+0.25
Calmar ratio Return relative to maximum drawdown	4.35	0.55	+3.80
Martin ratio Return relative to average drawdown	9.23	1.20	+8.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HPS-A.TO vs. MDA.TO - Sharpe Ratio Comparison

The current HPS-A.TO Sharpe Ratio is 2.19, which is higher than the MDA.TO Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of HPS-A.TO and MDA.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HPS-A.TO	MDA.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	0.44	+1.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.63	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.40	+0.03

Correlation

The correlation between HPS-A.TO and MDA.TO is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HPS-A.TO vs. MDA.TO - Dividend Comparison

HPS-A.TO's dividend yield for the trailing twelve months is around 0.63%, while MDA.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HPS-A.TO Hammond Power Solutions Inc	0.63%	0.69%	0.76%	0.67%	1.91%	2.84%	4.01%	3.65%	4.21%	2.62%	3.96%	3.77%
MDA.TO MDA Space Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

HPS-A.TO vs. MDA.TO - Drawdown Comparison

The maximum HPS-A.TO drawdown since its inception was -80.00%, which is greater than MDA.TO's maximum drawdown of -68.33%. Use the drawdown chart below to compare losses from any high point for HPS-A.TO and MDA.TO.

Drawdown Indicators

	HPS-A.TO	MDA.TO	Difference
Max Drawdown Largest peak-to-trough decline	-80.00%	-68.33%	-11.67%
Max Drawdown (1Y) Largest decline over 1 year	-28.14%	-53.77%	+25.63%
Max Drawdown (5Y) Largest decline over 5 years	-54.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-54.28%	—	—
Current Drawdown Current decline from peak	-18.18%	-23.99%	+5.81%
Average Drawdown Average peak-to-trough decline	-31.63%	-31.56%	-0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.26%	24.81%	-11.55%

Volatility

HPS-A.TO vs. MDA.TO - Volatility Comparison

The current volatility for Hammond Power Solutions Inc (HPS-A.TO) is 21.23%, while MDA Space Ltd. (MDA.TO) has a volatility of 23.47%. This indicates that HPS-A.TO experiences smaller price fluctuations and is considered to be less risky than MDA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HPS-A.TO	MDA.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.23%	23.47%	-2.24%
Volatility (6M) Calculated over the trailing 6-month period	46.26%	45.36%	+0.90%
Volatility (1Y) Calculated over the trailing 1-year period	60.80%	64.69%	-3.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.07%	48.74%	+0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.47%	48.74%	-6.27%

Financials

HPS-A.TO vs. MDA.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Hammond Power Solutions Inc and MDA Space Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HPS-A.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Hammond Power Solutions Inc reported a gross profit of 74.31M and revenue of 254.09M. Therefore, the gross margin over that period was 29.2%.

MDA.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, MDA Space Ltd. reported a gross profit of 95.80M and revenue of 499.10M. Therefore, the gross margin over that period was 19.2%.

HPS-A.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Hammond Power Solutions Inc reported an operating income of 21.96M and revenue of 254.09M, resulting in an operating margin of 8.6%.

MDA.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, MDA Space Ltd. reported an operating income of 31.80M and revenue of 499.10M, resulting in an operating margin of 6.4%.

HPS-A.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Hammond Power Solutions Inc reported a net income of 15.20M and revenue of 254.09M, resulting in a net margin of 6.0%.

MDA.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, MDA Space Ltd. reported a net income of 24.00M and revenue of 499.10M, resulting in a net margin of 4.8%.