|USD 61.72 0.00 0.00%
Hanover Foods financial statements provide useful quarterly and yearly information to potential Hanover Foods investors about the company's current and past financial position, as well as its overall management performance
and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Hanover Foods financial statements helps investors assess Hanover Foods' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Hanover Foods' valuation are summarized below:
Hanover Foods does not presently have any fundamental trends for analysis. .
Check Hanover Foods financial statements
over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hanover main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Hanover financial statements analysis is a perfect complement when working with Hanover Foods Valuation
This module can also supplement various Hanover Foods Technical
models . Check out the analysis of Hanover Foods Correlation
Hanover Return On Asset Analysis
Hanover Foods' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Hanover Foods Return On Asset
Most of Hanover Foods' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hanover Foods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Based on the latest financial disclosure, Hanover Foods has a Return On Asset of 0.0597. This is 99.0% higher than that of the Consumer Defensive sector and 102.58% lower than that of the Packaged Foods
industry. The return on asset for all United States stocks is 142.64% lower than that of the firm.
Hanover Foods Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hanover Foods's current stock value. Our valuation model uses many indicators to compare Hanover Foods value to that of its competitors to determine the firm's financial worth. You can analyze the relationship
between different fundamental ratios across Hanover Foods competition to find correlations between indicators driving Hanover Foods's intrinsic value. More Info
Hanover Foods is rated # 2
in current valuation category among related companies. It is rated # 3
in shares owned by institutions category among related companies . The ratio of Current Valuation to Shares Owned By Institutions for Hanover Foods is about 1,934,515,429
. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hanover Foods by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hanover Foods' Pink Sheet . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hanover Foods' earnings, one of the primary drivers of an investment's value.
About Hanover Foods Financial Statements
There are typically three primary documents that fall into the category of financial statements
. These documents include Hanover Foods income statement, its balance sheet, and the statement of cash flows. Hanover Foods investors use historical funamental indicators, such as Hanover Foods's revenue or net income, to determine how well the company is positioned to perform in the future. Although Hanover Foods investors may use each financial statement separately, they are all related. The changes in Hanover Foods's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hanover Foods's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hanover Foods Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hanover Foods. Please read more on our technical analysis
and fundamental analysis
Hanover Foods Corporation engages in processing, packaging, and selling fresh canned and frozen products. The company was founded in 1924 and is based in Hanover, Pennsylvania. Hanover Foods operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 2205 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis
, investor sentiment
usually refers to the aggregate attitude towards Hanover Foods in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment
could be utilized using contrarian indexes, Hanover Foods' short interest history, or implied volatility extrapolated from Hanover Foods options trading.
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Complementary Tools for Hanover Pink Sheet analysis
When running Hanover Foods' price analysis, check to measure Hanover Foods' market volatility
, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanover Foods is operating at the current time. Most of Hanover Foods' value examination focuses on studying past and present price action to predict the probability of Hanover Foods' future price movements
. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Foods' price. Additionally, you may evaluate how the addition of Hanover Foods to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Hanover Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.