23.85 USD
+0.08 (+0.34%)
HNVR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 383 industry peers in the Banks industry. The financial health of HNVR is average, but there are quite some concerns on its profitability. HNVR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year HNVR was profitable.
- In the past year HNVR had a positive cash flow from operations.
1.2 Ratios
- HNVR's Return On Assets of 0.47% is on the low side compared to the rest of the industry. HNVR is outperformed by 79.90% of its industry peers.
- Looking at the Return On Equity, with a value of 5.47%, HNVR is doing worse than 74.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 5.47% | ||
| ROIC | N/A |
ROA(3y)0.81%
ROA(5y)N/A
ROE(3y)9.02%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- HNVR has a worse Profit Margin (15.18%) than 77.02% of its industry peers.
- HNVR does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 15.18% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- HNVR does not have a ROIC to compare to the WACC, probably because it is not profitable.
- HNVR has less shares outstanding than it did 1 year ago.
- The debt/assets ratio for HNVR has been reduced compared to a year ago.
2.2 Solvency
- There is no outstanding debt for HNVR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 3.93 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC22.81%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 15.43% over the past year.
- Looking at the last year, HNVR shows a quite strong growth in Revenue. The Revenue has grown by 9.60% in the last year.
EPS 1Y (TTM)15.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-2.08%
Revenue 1Y (TTM)9.6%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%16.19%
3.2 Future
- The Earnings Per Share is expected to grow by 24.40% on average over the next years. This is a very strong growth
- Based on estimates for the next years, HNVR will show a quite strong growth in Revenue. The Revenue will grow by 15.88% on average per year.
EPS Next Y13.98%
EPS Next 2Y31.39%
EPS Next 3Y24.4%
EPS Next 5YN/A
Revenue Next Year14.91%
Revenue Next 2Y20.12%
Revenue Next 3Y15.88%
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 12.75, the valuation of HNVR can be described as correct.
- HNVR's Price/Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 27.25, HNVR is valued rather cheaply.
- With a Price/Forward Earnings ratio of 8.32, the valuation of HNVR can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, HNVR is valued cheaply inside the industry as 87.73% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, HNVR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.75 | ||
| Fwd PE | 8.32 |
4.2 Price Multiples
- HNVR's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. HNVR is more expensive than 77.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.27 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- HNVR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- HNVR's earnings are expected to grow with 24.40% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.91
PEG (5Y)N/A
EPS Next 2Y31.39%
EPS Next 3Y24.4%
5. Dividend
5.1 Amount
- HNVR has a Yearly Dividend Yield of 1.66%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.64, HNVR is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.82, HNVR has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
5.2 History
- HNVR has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
- HNVR pays out 27.07% of its income as dividend. This is a sustainable payout ratio.
DP27.07%
EPS Next 2Y31.39%
EPS Next 3Y24.4%
HANOVER BANCORP INC / HNVR FAQ
Can you provide the ChartMill fundamental rating for HANOVER BANCORP INC?
ChartMill assigns a fundamental rating of 3 / 10 to HNVR.
What is the valuation status of HANOVER BANCORP INC (HNVR) stock?
ChartMill assigns a valuation rating of 5 / 10 to HANOVER BANCORP INC (HNVR). This can be considered as Fairly Valued.
Can you provide the profitability details for HANOVER BANCORP INC?
HANOVER BANCORP INC (HNVR) has a profitability rating of 1 / 10.
Can you provide the financial health for HNVR stock?
The financial health rating of HANOVER BANCORP INC (HNVR) is 4 / 10.
Is the dividend of HANOVER BANCORP INC sustainable?
The dividend rating of HANOVER BANCORP INC (HNVR) is 3 / 10 and the dividend payout ratio is 27.07%.