Whereas the broader TSX index is buying and selling close to all-time highs, a number of Canadian shares are priced at a beautiful valuation in September 2025. On this article, I’ve recognized two such TSX shares to purchase proper now with $3,000.

Is that this TSX inventory a very good purchase?

Valued at a market cap of $669 million, Mattr (TSX:MATR) inventory is down 72% from all-time highs, permitting you to purchase the dip.

Mattr is a Canadian supplies know-how firm working via two segments:

• Composite Applied sciences manufactures versatile pipes for oil/gasoline and fibreglass storage tanks for gasoline/water functions.
• Connection Applied sciences produces heat-shrinkable tubing, sleeves, and low-voltage electrical parts.

Mattr serves transportation, communication, water administration, and power markets globally. Within the second quarter (Q2), Mattr delivered combined Q2 outcomes as income from persevering with operations grew by 33% to $321 million, pushed by the acquisition of AmerCable. Comparatively, adjusted EBITDA (earnings earlier than curiosity, tax, depreciation, and amortization) grew 5% to $42.5 million.

The Connection Applied sciences phase set new quarterly information for income and adjusted EBITDA, with gross sales practically doubling yr over yr. Alternatively, the Composite Applied sciences phase confronted stress from declining worldwide Flexpipe demand, which was offset by positive aspects in home market share.

Copper tariffs are more likely to affect annual materials prices for Mattr by greater than $100 million. Administration expects to move via most will increase whereas implementing provide chain mitigation methods. With internet debt at 3.5 occasions EBITDA, Mattr maintains monetary flexibility whereas concentrating on debt discount and continued share repurchases.

Analysts monitoring the TSX inventory forecast gross sales to extend from $885.3 million in 2024 to $1.40 billion in 2027. Comparatively, adjusted earnings are forecast to increase from $0.70 per share to $1.57 per share on this interval.

Mattr can also be anticipated to finish 2028 with a free money stream of $161 million, in comparison with a $59 million outflow in 2024. If the inventory is priced at 10 occasions ahead FCF, it may surge round 150% over the following three years.

Is that this Canadian inventory nonetheless a very good purchase?

Down 23% from all-time highs, Hammond Energy (TSX:HPS.A) has returned greater than 2,300% to shareholders over the previous decade. Valued at $1.44 billion by market cap, Hammond Energy Options designs, manufactures, and sells transformers in Canada, the USA, Mexico, and India.

It presents buck-boost, management, distribution, drive isolation, encapsulated, furnace, multi-pulse, pad-mounted, and regulating transformers, amongst different merchandise. The corporate serves renewable power, business infrastructure, industrial, offshore drilling, mining, development, petrochemical, energy grid infrastructure, and EV charging industries.

Hammond Energy Options delivered file quarterly gross sales of $224 million in Q2, a rise of 14% yr over yr, pushed by robust U.S. market efficiency.

The Canadian transformer producer continues to learn from strong demand within the information centre sector, which is the fastest-growing phase inside its diversified buyer base throughout a number of industries.

Regardless of spectacular income progress, gross margins compressed to 30.7% as a consequence of accelerated materials value inflation and roughly 123 foundation factors of affect from ramping new Mexican manufacturing services.

The corporate applied annual worth will increase in April that ought to present higher margin aid in Q3 and This fall as pricing flows via the backlog. Administration expects facility ramp-up prices to decrease as manufacturing scales within the coming quarters.

The not too long ago acquired Micron model continues performing forward of expectations, broadening Hammond’s answer portfolio, significantly in OEM (unique gear producers) markets. In the meantime, the corporate’s Mesta energy high quality division is displaying promising momentum in lively harmonic filters, offsetting the softness in EV-related induction heating functions.

Analysts monitoring the TSX inventory forecast it to finish 2029 with a free money stream of $102 million, up from $24 million in 2024. If the corporate is priced at 20 occasions ahead FCF, it ought to achieve near 40% inside the subsequent 4 years.