Hannan Metals Stock Net Asset

HAN Stock  CAD 0.49  0.02  3.92%   
Hannan Metals fundamentals help investors to digest information that contributes to Hannan Metals' financial success or failures. It also enables traders to predict the movement of Hannan Stock. The fundamental analysis module provides a way to measure Hannan Metals' 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 Hannan Metals stock.
  
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Hannan Metals Company Net Asset Analysis

Hannan Metals' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

More About Net Asset | All Equity Analysis

Current Hannan Metals Net Asset

    
  6.88 M  
Most of Hannan Metals' fundamental indicators, such as Net 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, Hannan Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hannan Net Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Hannan Metals is extremely important. It helps to project a fair market value of Hannan Stock properly, considering its historical fundamentals such as Net Asset. Since Hannan Metals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hannan Metals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hannan Metals' interrelated accounts and indicators.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Hannan Total Assets

Total Assets

6.6 Million

At this time, Hannan Metals' Total Assets are fairly stable compared to the past year.
Based on the recorded statements, Hannan Metals has a Net Asset of 6.88 M. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net asset for all Canada stocks is notably lower than that of the firm.

Hannan Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hannan Metals' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hannan Metals could also be used in its relative valuation, which is a method of valuing Hannan Metals by comparing valuation metrics of similar companies.
Hannan Metals is currently under evaluation in net asset category among its peers.

Hannan Metals Current Valuation Drivers

We derive many important indicators used in calculating different scores of Hannan Metals from analyzing Hannan Metals' financial statements. These drivers represent accounts that assess Hannan Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hannan Metals' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap19.8M32.4M19.2M24.9M22.4M23.5M
Enterprise Value18.4M30.6M16.8M21.6M19.4M20.4M

Hannan Fundamentals

About Hannan Metals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hannan Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hannan Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hannan Metals 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Hannan Stock Analysis

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