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HANOVER BANCORP INC/NY (HNVR) Stock Fundamental Analysis

NASDAQ:HNVR - Nasdaq - US4107102067 - Common Stock - Currency: USD

21.27  -0.21 (-0.98%)

After market: 21.27 0 (0%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to HNVR. HNVR was compared to 395 industry peers in the Banks industry. HNVR scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. HNVR is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

HNVR had positive earnings in the past year.
In the past year HNVR had a positive cash flow from operations.
HNVR Yearly Net Income VS EBIT VS OCF VS FCFHNVR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2022 2023 2024 5M 10M 15M 20M 25M

1.2 Ratios

The Return On Assets of HNVR (0.52%) is worse than 75.44% of its industry peers.
HNVR has a Return On Equity of 6.07%. This is in the lower half of the industry: HNVR underperforms 70.38% of its industry peers.
Industry RankSector Rank
ROA 0.52%
ROE 6.07%
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
HNVR Yearly ROA, ROE, ROICHNVR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2022 2023 2024 2 4 6 8 10

1.3 Margins

The Profit Margin of HNVR (17.46%) is worse than 70.13% of its industry peers.
HNVR does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 17.46%
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
HNVR Yearly Profit, Operating, Gross MarginsHNVR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2022 2023 2024 10 20 30

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4

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.
Compared to 1 year ago, HNVR has an improved debt to assets ratio.
HNVR Yearly Shares OutstandingHNVR Yearly Shares OutstandingYearly Shares Outstanding 2022 2023 2024 2M 4M 6M
HNVR Yearly Total Debt VS Total AssetsHNVR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

HNVR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 5.42
Altman-Z N/A
ROIC/WACCN/A
WACC24.21%
HNVR Yearly LT Debt VS Equity VS FCFHNVR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2022 2023 2024 50M 100M 150M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
HNVR Yearly Current Assets VS Current LiabilitesHNVR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2022 2023 2024 10M 20M 30M

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3

3. Growth

3.1 Past

HNVR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.70%.
The Revenue has grown by 8.04% in the past year. This is quite good.
EPS 1Y (TTM)-11.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)8.04%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%13.1%

3.2 Future

HNVR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 37.41% yearly.
The Revenue is expected to grow by 14.06% on average over the next years. This is quite good.
EPS Next Y45.23%
EPS Next 2Y37.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year14.43%
Revenue Next 2Y14.06%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

HNVR Yearly Revenue VS EstimatesHNVR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 2025 2026 20M 40M 60M
HNVR Yearly EPS VS EstimatesHNVR Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 1 2 3

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6

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 12.81, the valuation of HNVR can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as HNVR.
HNVR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.65.
With a Price/Forward Earnings ratio of 6.79, the valuation of HNVR can be described as very cheap.
HNVR's Price/Forward Earnings ratio is rather cheap when compared to the industry. HNVR is cheaper than 88.86% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.27. HNVR is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 12.81
Fwd PE 6.79
HNVR Price Earnings VS Forward Price EarningsHNVR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Compared to the rest of the industry, the Price/Free Cash Flow ratio of HNVR indicates a rather expensive valuation: HNVR more expensive than 81.77% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 33.36
EV/EBITDA N/A
HNVR Per share dataHNVR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

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.
A more expensive valuation may be justified as HNVR's earnings are expected to grow with 37.41% in the coming years.
PEG (NY)0.28
PEG (5Y)N/A
EPS Next 2Y37.41%
EPS Next 3YN/A

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2

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 1.92%, HNVR has a reasonable but not impressive dividend return.
HNVR's Dividend Yield is slightly below the industry average, which is at 3.61.
Compared to the average S&P500 Dividend Yield of 2.44, HNVR is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.92%

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
HNVR Yearly Dividends per shareHNVR Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 0 0 0 0 0

5.3 Sustainability

HNVR pays out 24.77% of its income as dividend. This is a sustainable payout ratio.
DP24.77%
EPS Next 2Y37.41%
EPS Next 3YN/A
HNVR Yearly Income VS Free CF VS DividendHNVR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2022 2023 2024 5M 10M 15M 20M
HNVR Dividend Payout.HNVR Dividend Payout, showing the Payout Ratio.HNVR Dividend Payout.PayoutRetained Earnings

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HANOVER BANCORP INC/NY

NASDAQ:HNVR (6/23/2025, 4:30:02 PM)

After market: 21.27 0 (0%)

21.27

-0.21 (-0.98%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)04-23 2025-04-23/bmo
Earnings (Next)N/A N/A
Inst Owners21.57%
Inst Owner Change0.99%
Ins Owners24.74%
Ins Owner Change4.4%
Market Cap153.78M
Analysts80
Price Target25.76 (21.11%)
Short Float %0.7%
Short Ratio1.56
Dividend
Industry RankSector Rank
Dividend Yield 1.92%
Yearly Dividend0.41
Dividend Growth(5Y)N/A
DP24.77%
Div Incr Years0
Div Non Decr Years2
Ex-Date05-07 2025-05-07 (0.1)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.82%
Min EPS beat(2)6.21%
Max EPS beat(2)9.44%
EPS beat(4)3
Avg EPS beat(4)-10.18%
Min EPS beat(4)-77.53%
Max EPS beat(4)21.17%
EPS beat(8)5
Avg EPS beat(8)-4.14%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.12%
Min Revenue beat(2)-3.06%
Max Revenue beat(2)-1.19%
Revenue beat(4)0
Avg Revenue beat(4)-2.35%
Min Revenue beat(4)-3.93%
Max Revenue beat(4)-1.19%
Revenue beat(8)1
Avg Revenue beat(8)-3.07%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-9.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.06%
EPS NY rev (1m)0%
EPS NY rev (3m)1.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.75%
Valuation
Industry RankSector Rank
PE 12.81
Fwd PE 6.79
P/S 2.25
P/FCF 33.36
P/OCF 26.06
P/B 0.78
P/tB 0.87
EV/EBITDA N/A
EPS(TTM)1.66
EY7.8%
EPS(NY)3.13
Fwd EY14.74%
FCF(TTM)0.64
FCFY3%
OCF(TTM)0.82
OCFY3.84%
SpS9.46
BVpS27.25
TBVpS24.59
PEG (NY)0.28
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 0.52%
ROE 6.07%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 17.46%
GM N/A
FCFM 6.74%
ROA(3y)0.81%
ROA(5y)N/A
ROE(3y)9.02%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/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
F-Score5
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 5.42
Debt/EBITDA N/A
Cap/Depr 33.32%
Cap/Sales 1.89%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 38.58%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACC24.21%
ROIC/WACCN/A
Cap/Depr(3y)65.08%
Cap/Depr(5y)N/A
Cap/Sales(3y)2.95%
Cap/Sales(5y)N/A
Profit Quality(3y)77.67%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y45.23%
EPS Next 2Y37.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.04%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%13.1%
Revenue Next Year14.43%
Revenue Next 2Y14.06%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-64.52%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-64.03%
OCF growth 3YN/A
OCF growth 5YN/A