Hanover Free Cash Flow vs Enterprise Value Analysis

THG Stock

USD 132.62 0.90 0.67%

Hanover Insurance financial indicator trend analysis is much more than just examining Hanover Insurance latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hanover Insurance is a good investment. Please check the relationship between Hanover Insurance Free Cash Flow and its Enterprise Value accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Free Cash Flow vs Enterprise Value

Free Cash Flow vs Enterprise Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hanover Insurance Free Cash Flow account and Enterprise Value. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hanover Insurance's Free Cash Flow and Enterprise Value is 0.72. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of The Hanover Insurance, assuming nothing else is changed. The correlation between historical values of Hanover Insurance's Free Cash Flow and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of The Hanover Insurance are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Free Cash Flow i.e., Hanover Insurance's Free Cash Flow and Enterprise Value go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Hanover Insurance theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Hanover Insurance debt, but would also pocket its cash. Enterprise Value is more accurate representation of Hanover Insurance value than its market capitalization because it takes into account all of The Hanover Insurance existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Most indicators from Hanover Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hanover Insurance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

At this time, Hanover Insurance's Enterprise Value is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Gross Profit	5.2B	5.5B	6.0B	4.3B
Total Revenue	5.2B	5.5B	6.0B	4.3B

Gross Profit Total Revenue

Hanover Insurance fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Treasury Stock
Total Assets		-0.69	-0.2	-0.22	-0.53	0.13	-0.49	-0.27	0.46	-0.04	0.41	0.97	-0.47	0.0	-0.44	-0.13	-0.31	0.45	-0.32	-0.7	-0.16	-0.7	0.08	0.06	-0.72	0.35
Short Long Term Debt Total	-0.69		-0.1	-0.04	0.61	0.08	0.41	0.59	-0.26	0.54	-0.13	-0.73	0.15	0.6	0.4	-0.44	-0.08	0.01	-0.04	0.53	0.39	0.53	0.0	0.42	0.99	-0.09
Other Current Liab	-0.2	-0.1		0.99	-0.11	0.22	0.14	0.08	-0.53	0.02	-0.49	-0.05	-0.09	-0.46	-0.17	0.46	0.97	0.21	0.96	0.73	-0.43	0.73	-0.3	-0.31	-0.02	-0.4
Total Current Liabilities	-0.22	-0.04	0.99		-0.13	0.22	0.17	0.15	-0.55	0.07	-0.46	-0.08	-0.12	-0.41	-0.15	0.4	0.96	0.26	0.95	0.77	-0.4	0.77	-0.26	-0.24	0.03	-0.37
Total Stockholder Equity	-0.53	0.61	-0.11	-0.13		0.24	0.6	0.62	-0.39	-0.01	-0.39	-0.67	0.4	0.39	0.05	-0.06	-0.15	-0.37	-0.11	0.42	0.56	0.42	0.04	-0.08	0.63	-0.37
Net Debt	0.13	0.08	0.22	0.22	0.24		0.34	0.45	-0.42	0.16	-0.46	0.09	-0.6	0.24	-0.87	-0.1	0.05	0.45	-0.03	0.24	0.09	0.24	-0.31	-0.12	0.1	-0.46
Retained Earnings	-0.49	0.41	0.14	0.17	0.6	0.34		0.55	-0.89	-0.18	-0.83	-0.56	0.4	-0.16	-0.17	0.14	0.1	-0.33	0.1	0.57	0.01	0.57	-0.28	-0.51	0.42	-0.85
Net Receivables	-0.27	0.59	0.08	0.15	0.62	0.45	0.55		-0.41	0.43	-0.28	-0.34	0.02	0.32	-0.16	-0.54	-0.04	0.34	-0.03	0.49	0.59	0.49	0.22	0.15	0.6	-0.27
Common Stock Shares Outstanding	0.46	-0.26	-0.53	-0.55	-0.39	-0.42	-0.89	-0.41		0.18	0.96	0.45	-0.23	0.33	0.27	-0.38	-0.49	0.2	-0.48	-0.76	0.28	-0.76	0.39	0.56	-0.3	0.94
Non Current Liabilities Total	-0.04	0.54	0.02	0.07	-0.01	0.16	-0.18	0.43	0.18		0.27	0.02	-0.45	0.49	0.16	-0.77	-0.05	0.72	-0.03	0.18	0.23	0.18	0.17	0.71	0.55	0.32
Other Stockholder Equity	0.41	-0.13	-0.49	-0.46	-0.39	-0.46	-0.83	-0.28	0.96	0.27		0.39	-0.21	0.37	0.36	-0.46	-0.44	0.29	-0.42	-0.64	0.32	-0.64	0.42	0.64	-0.19	0.99
Total Liab	0.97	-0.73	-0.05	-0.08	-0.67	0.09	-0.56	-0.34	0.45	0.02	0.39		-0.52	-0.11	-0.41	-0.09	-0.16	0.52	-0.17	-0.64	-0.3	-0.64	0.04	0.07	-0.74	0.34
Total Current Assets	-0.47	0.15	-0.09	-0.12	0.4	-0.6	0.4	0.02	-0.23	-0.45	-0.21	-0.52		-0.34	0.59	0.27	0.0	-0.79	0.08	0.15	0.12	0.15	0.04	-0.44	0.15	-0.23
Short Term Debt	0.0	0.6	-0.46	-0.41	0.39	0.24	-0.16	0.32	0.33	0.49	0.37	-0.11	-0.34		0.06	-0.54	-0.5	0.26	-0.47	-0.11	0.48	-0.11	0.17	0.72	0.56	0.39
Cash	-0.44	0.4	-0.17	-0.15	0.05	-0.87	-0.17	-0.16	0.27	0.16	0.36	-0.41	0.59	0.06		-0.09	0.0	-0.37	0.09	0.08	0.05	0.08	0.25	0.33	0.39	0.39
Non Current Assets Total	-0.13	-0.44	0.46	0.4	-0.06	-0.1	0.14	-0.54	-0.38	-0.77	-0.46	-0.09	0.27	-0.54	-0.09		0.55	-0.6	0.54	0.22	-0.59	0.22	-0.39	-0.64	-0.4	-0.44
Non Currrent Assets Other	-0.31	-0.08	0.97	0.96	-0.15	0.05	0.1	-0.04	-0.49	-0.05	-0.44	-0.16	0.0	-0.5	0.0	0.55		0.07	0.99	0.74	-0.48	0.74	-0.28	-0.29	-0.01	-0.35
Other Assets	0.45	0.01	0.21	0.26	-0.37	0.45	-0.33	0.34	0.2	0.72	0.29	0.52	-0.79	0.26	-0.37	-0.6	0.07		0.03	0.0	0.08	0.0	0.12	0.5	0.0	0.31
Cash And Short Term Investments	-0.32	-0.04	0.96	0.95	-0.11	-0.03	0.1	-0.03	-0.48	-0.03	-0.42	-0.17	0.08	-0.47	0.09	0.54	0.99	0.03		0.75	-0.47	0.75	-0.26	-0.26	0.04	-0.32
Common Stock Total Equity	-0.7	0.53	0.73	0.77	0.42	0.24	0.57	0.49	-0.76	0.18	-0.64	-0.64	0.15	-0.11	0.08	0.22	0.74	0.0	0.75		-0.08	1.0	-0.21	-0.14	0.59	-0.55
Short Term Investments	-0.16	0.39	-0.43	-0.4	0.56	0.09	0.01	0.59	0.28	0.23	0.32	-0.3	0.12	0.48	0.05	-0.59	-0.48	0.08	-0.47	-0.08		-0.08	0.49	0.35	0.36	0.32
Common Stock	-0.7	0.53	0.73	0.77	0.42	0.24	0.57	0.49	-0.76	0.18	-0.64	-0.64	0.15	-0.11	0.08	0.22	0.74	0.0	0.75	1.0	-0.08		-0.21	-0.14	0.59	-0.55
Other Liab	0.08	0.0	-0.3	-0.26	0.04	-0.31	-0.28	0.22	0.39	0.17	0.42	0.04	0.04	0.17	0.25	-0.39	-0.28	0.12	-0.26	-0.21	0.49	-0.21		0.52	-0.02	0.43
Accounts Payable	0.06	0.42	-0.31	-0.24	-0.08	-0.12	-0.51	0.15	0.56	0.71	0.64	0.07	-0.44	0.72	0.33	-0.64	-0.29	0.5	-0.26	-0.14	0.35	-0.14	0.52		0.39	0.68
Long Term Debt	-0.72	0.99	-0.02	0.03	0.63	0.1	0.42	0.6	-0.3	0.55	-0.19	-0.74	0.15	0.56	0.39	-0.4	-0.01	0.0	0.04	0.59	0.36	0.59	-0.02	0.39		-0.13
Treasury Stock	0.35	-0.09	-0.4	-0.37	-0.37	-0.46	-0.85	-0.27	0.94	0.32	0.99	0.34	-0.23	0.39	0.39	-0.44	-0.35	0.31	-0.32	-0.55	0.32	-0.55	0.43	0.68	-0.13

Click cells to compare fundamentals

Hanover Insurance Account Relationship Matchups

Hanover Insurance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.5B	13.4B	14.3B	14.0B	12.7B	13.4B
Short Long Term Debt Total	653.4M	780.8M	781.6M	782.4M	783.2M	634.8M
Other Current Liab	(53.4M)	(48.4M)	(55.1M)	661.4M	6.0B	6.8B
Total Current Liabilities	53.4M	48.4M	55.1M	731.7M	6.1B	5.2B
Total Stockholder Equity	2.9B	3.2B	3.1B	2.3B	2.5B	2.7B
Net Debt	437.7M	660.2M	550.7M	477.4M	467.1M	490.5M
Retained Earnings	2.4B	2.7B	3.0B	3.0B	2.9B	1.5B
Net Receivables	3.1B	3.2B	3.4B	3.6B	3.8B	2.7B
Common Stock Shares Outstanding	40.6M	38.1M	36.4M	36.1M	32.5M	38.3M
Liabilities And Stockholders Equity	12.5B	13.4B	14.3B	14.0B	12.7B	13.4B
Non Current Liabilities Total	705.2M	878.1M	842.4M	10.9B	4.1B	7.5B
Other Stockholder Equity	352.1M	161.1M	38.9M	41.7M	72.8M	69.2M
Total Liab	9.6B	10.2B	11.1B	11.7B	10.2B	11.4B
Total Current Assets	3.3B	3.3B	3.6B	2.7B	2.5B	2.3B
Cash	215.7M	120.6M	230.9M	305M	316.1M	317.1M
Non Current Assets Total	7.4B	8.2B	8.6B	378M	10.1B	10.7B
Non Currrent Assets Other	(7.4B)	(8.2B)	(8.6B)	(7.7B)	1.3B	1.3B
Other Assets	1.8B	1.9B	2.1B	10.9B	9.8B	8.8B
Cash And Short Term Investments	215.7M	120.6M	230.9M	305M	3.3B	3.4B
Short Term Investments	6.7B	7.5B	767.4M	786.1M	468.6M	445.2M
Accumulated Other Comprehensive Income	152.6M	372.5M	122.2M	(705.5M)	(517.2M)	(491.3M)
Other Liab	3.6B	4.0B	97.3M	60.8M	69.9M	66.4M
Accounts Payable	53.4M	48.4M	55.1M	70.3M	64.3M	61.1M
Long Term Debt	653.4M	780.8M	781.6M	782.4M	783.2M	697.6M
Treasury Stock	(1.5B)	(1.7B)	(1.8B)	(1.9B)	(1.7B)	(1.6B)
Other Current Assets	1.9B	1.9B	2.0B	(2.0B)	2.5B	2.9B
Retained Earnings Total Equity	2.4B	2.7B	3.0B	3.0B	3.4B	1.9B
Net Tangible Assets	2.7B	3.0B	3.0B	2.1B	2.5B	2.9B
Long Term Debt Total	653.4M	780.8M	781.6M	782.4M	704.2M	641.4M
Capital Surpluse	1.8B	1.9B	1.9B	1.9B	2.2B	2.0B
Long Term Investments	8.0B	8.9B	9.2B	8.6B	8.1B	8.9B
Non Current Liabilities Other	8.2B	8.7B	9.4B	10.2B	9.1B	7.4B

Hanover Insurance Investors Sentiment

The influence of Hanover Insurance's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hanover. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Hanover Insurance's public news can be used to forecast risks associated with an investment in Hanover. The trend in average sentiment can be used to explain how an investor holding Hanover can time the market purely based on public headlines and social activities around The Hanover Insurance. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Hanover Insurance's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hanover Insurance's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hanover Insurance's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hanover Insurance.

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 Insurance 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 Insurance's short interest history, or implied volatility extrapolated from Hanover Insurance options trading.

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When determining whether Hanover Insurance is a strong investment it is important to analyze Hanover Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hanover Insurance's future performance. For an informed investment choice regarding Hanover Stock, refer to the following important reports:

How To Invest In Hanover

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Is Hanover Stock a good investment?

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What is Hanover Insurance's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Note that the Hanover Insurance information on this page should be used as a complementary analysis to other Hanover Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running Hanover Insurance's price analysis, check to measure Hanover Insurance's 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 Insurance is operating at the current time. Most of Hanover Insurance's value examination focuses on studying past and present price action to predict the probability of Hanover Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Insurance's price. Additionally, you may evaluate how the addition of Hanover Insurance to your portfolios can decrease your overall portfolio volatility.

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Is Hanover Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanover Insurance. If investors know Hanover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanover Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

16.105

Dividend Share

3.28

Earnings Share

0.93

Revenue Per Share

167.885

Quarterly Revenue Growth

0.034

The market value of Hanover Insurance is measured differently than its book value, which is the value of Hanover that is recorded on the company's balance sheet. Investors also form their own opinion of Hanover Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hanover Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanover Insurance's market value can be influenced by many factors that don't directly affect Hanover Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Hanover Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover Insurance's 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.

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Hanover Free Cash Flow vs Enterprise Value Analysis

Free Cash Flow vs Enterprise Value

Free Cash Flow vs Enterprise Value Correlation Analysis

Correlation Coefficient

Free Cash Flow

Enterprise Value

Hanover Insurance fundamental ratios Correlations

Hanover Insurance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hanover Insurance fundamental ratios Accounts

Hanover Insurance Investors Sentiment

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Long Term Debt	+ 0.99	Short Long Term Debt Total
Total Current Liabilities	+ 0.99	Other Current Liab
Treasury Stock	+ 0.99	Other Stockholder Equity
Cash And Short Term Investments	+ 0.99	Non Currrent Assets Other
Total Liab	+ 0.97	Total Assets

Common Stock Shares Outstanding	- 0.89	Retained Earnings
Cash	- 0.87	Net Debt
Treasury Stock	- 0.85	Retained Earnings
Other Stockholder Equity	- 0.83	Retained Earnings
Other Assets	- 0.79	Total Current Assets
Non Current Assets Total	- 0.77	Non Current Liabilities Total