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HANOVER BANCORP INC (HNVR) Stock Fundamental Analysis

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

22.35  -0.08 (-0.36%)

After market: 22.35 0 (0%)

Fundamental Rating

3

Overall HNVR gets a fundamental rating of 3 out of 10. We evaluated HNVR against 396 industry peers in the Banks industry. While HNVR seems to be doing ok healthwise, there are quite some concerns on its profitability. HNVR has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year HNVR was profitable.
HNVR had a positive operating cash flow in the past year.
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

HNVR has a Return On Assets of 0.52%. This is in the lower half of the industry: HNVR underperforms 75.25% of its industry peers.
Looking at the Return On Equity, with a value of 6.07%, HNVR is doing worse than 70.20% of the companies in the same industry.
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

HNVR's Profit Margin of 17.46% is on the low side compared to the rest of the industry. HNVR is outperformed by 69.95% of its industry peers.
The Operating Margin and Gross Margin are not available for HNVR so they could not be analyzed.
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.
Compared to 1 year ago, HNVR has less shares outstanding
HNVR has a better debt/assets ratio than last year.
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

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 RankSector Rank
Debt/Equity 0
Debt/FCF 5.42
Altman-Z N/A
ROIC/WACCN/A
WACC23.4%
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

The earnings per share for HNVR have decreased strongly by -11.70% in the last year.
HNVR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.04%.
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

The Earnings Per Share is expected to grow by 37.41% 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 14.92% on average per year.
EPS Next Y45.23%
EPS Next 2Y37.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.7%
Revenue Next 2Y14.92%
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

The Price/Earnings ratio is 13.46, which indicates a correct valuation of HNVR.
Compared to the rest of the industry, the Price/Earnings ratio of HNVR is on the same level as its industry peers.
HNVR is valuated cheaply when we compare the Price/Earnings ratio to 27.46, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.13, the valuation of HNVR can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HNVR indicates a rather cheap valuation: HNVR is cheaper than 89.14% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of HNVR to the average of the S&P500 Index (36.44), we can say HNVR is valued rather cheaply.
Industry RankSector Rank
PE 13.46
Fwd PE 7.13
HNVR Price Earnings VS Forward Price EarningsHNVR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, HNVR is valued more expensive than 82.32% of the companies in the same industry.
Industry RankSector Rank
P/FCF 35.05
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

The 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)0.3
PEG (5Y)N/A
EPS Next 2Y37.41%
EPS Next 3YN/A

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2

5. Dividend

5.1 Amount

HNVR has a Yearly Dividend Yield of 1.79%. Purely for dividend investing, there may be better candidates out there.
HNVR's Dividend Yield is slightly below the industry average, which is at 3.29.
Compared to the average S&P500 Dividend Yield of 2.34, HNVR is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.79%

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

24.77% of the earnings are spent on dividend by HNVR. This is a low number and 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

NASDAQ:HNVR (7/21/2025, 8:06:11 PM)

After market: 22.35 0 (0%)

22.35

-0.08 (-0.36%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)04-23 2025-04-23/bmo
Earnings (Next)07-23 2025-07-23/amc
Inst Owners21.57%
Inst Owner Change0%
Ins Owners24.74%
Ins Owner Change4.4%
Market Cap161.59M
Analysts80
Price Target25.76 (15.26%)
Short Float %3.37%
Short Ratio5.4
Dividend
Industry RankSector Rank
Dividend Yield 1.79%
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)-6.48%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)3.44%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)1.98%
Revenue NY rev (3m)1.81%
Valuation
Industry RankSector Rank
PE 13.46
Fwd PE 7.13
P/S 2.36
P/FCF 35.05
P/OCF 27.39
P/B 0.82
P/tB 0.91
EV/EBITDA N/A
EPS(TTM)1.66
EY7.43%
EPS(NY)3.13
Fwd EY14.02%
FCF(TTM)0.64
FCFY2.85%
OCF(TTM)0.82
OCFY3.65%
SpS9.46
BVpS27.25
TBVpS24.59
PEG (NY)0.3
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
WACC23.4%
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 Year16.7%
Revenue Next 2Y14.92%
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