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  5. HPS.A: 1) Is Propel Holdings a buy at present price? [Hammond Power Solutions Inc. Class A Subordinate Voting Shares]
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Investment Q&A

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Q: 1) Is Propel Holdings a buy at present price?
2) Which is a better buy: Propel Holdings or Hammond Power?

Always appreciate your service.

Thank you

Howard
Asked by Howard on May 10, 2024
5i Research Answer:

With strong growth and execution, and yet another dividend hike (8%) we think PRL remains buyable at 13X earnings. Also, market cap is fast approaching $1B, a level where new investors tend to start looking. We think HPS.A is fine, but PRL likely looks better currently.