Hanover Bancorp, Inc.

NasdaqGS:HNVR Stock Report

Mkt Cap: US$142.9m

We’ve recently updated our valuation analysis.

Hanover Bancorp Valuation

Is HNVR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HNVR?

Other financial metrics that can be useful for relative valuation.

HNVR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does HNVR's PE Ratio compare to its peers?

The above table shows the PE ratio for HNVR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.9x
LNKB LINKBANCORP
23.3x41.5%US$132.4m
FINW FinWise Bancorp
4.1x6.0%US$114.9m
VABK Virginia National Bankshares
9xn/aUS$194.2m
PBAM Private Bancorp of America
7.5x2.9%US$179.9m
HNVR Hanover Bancorp
6.3xn/aUS$142.9m

Price-To-Earnings vs Peers: HNVR is good value based on its Price-To-Earnings Ratio (6.3x) compared to the peer average (10.9x).


Price to Earnings Ratio vs Industry

How does HNVR's PE Ratio compare vs other companies in the US Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a6.4%
n/an/an/a

Price-To-Earnings vs Industry: HNVR is good value based on its Price-To-Earnings Ratio (6.3x) compared to the US Banks industry average (9.7x)


Price to Earnings Ratio vs Fair Ratio

What is HNVR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HNVR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HNVR's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of HNVR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HNVR ($19.99) is trading below our estimate of fair value ($24.96)

Significantly Below Fair Value: HNVR is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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