Hanover Foods Stock Cash Per Share

HNFSB Stock  USD 61.72  0.00  0.00%   
Hanover Foods fundamentals help investors to digest information that contributes to Hanover Foods' financial success or failures. It also enables traders to predict the movement of Hanover Pink Sheet. The fundamental analysis module provides a way to measure Hanover Foods' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hanover Foods pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hanover Foods Company Cash Per Share Analysis

Hanover Foods' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

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Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Hanover Foods Cash Per Share

    
  2.45 X  
Most of Hanover Foods' fundamental indicators, such as Cash Per Share, 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.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

In accordance with the recently published financial statements, Hanover Foods has a Cash Per Share of 2.45 times. This is 45.43% lower than that of the Consumer Defensive sector and 62.25% higher than that of the Packaged Foods industry. The cash per share for all United States stocks is 51.1% higher than that of the company.

Hanover Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hanover Foods' direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Hanover Foods could also be used in its relative valuation, which is a method of valuing Hanover Foods by comparing valuation metrics of similar companies.
Hanover Foods is currently under evaluation in cash per share category among related companies.

Hanover Fundamentals

About Hanover Foods Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hanover Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hanover Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hanover Foods based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanover Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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.