Hannan Metals Stock Return On Equity
| 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.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.87) | (0.83) |
Hannan | Return On Equity |
Hannan Metals Company Return On Equity Analysis
Hannan Metals' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Hannan Metals Return On Equity | -0.46 |
Most of Hannan Metals' fundamental indicators, such as Return On Equity, 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 Return On Equity 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 Return On Equity. 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.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Hannan Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Hannan Metals has a Return On Equity of -0.4637. This is 150.96% lower than that of the Metals & Mining sector and 196.6% lower than that of the Materials industry. The return on equity for all Canada stocks is 49.58% higher than that of the company.
Hannan Return On Equity 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 Return On Equity 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 return on equity 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 19.8M | 32.4M | 19.2M | 24.9M | 22.4M | 23.5M | |
| Enterprise Value | 18.4M | 30.6M | 16.8M | 21.6M | 19.4M | 20.4M |
Hannan Fundamentals
| Return On Equity | -0.46 | ||||
| Return On Asset | -0.29 | ||||
| Current Valuation | 54.8 M | ||||
| Shares Outstanding | 120.43 M | ||||
| Shares Owned By Insiders | 11.12 % | ||||
| Number Of Shares Shorted | 5.56 K | ||||
| Price To Book | 5.80 X | ||||
| EBITDA | (915.16 K) | ||||
| Net Income | (5.71 M) | ||||
| Cash And Equivalents | 217.02 K | ||||
| Total Debt | 325.16 K | ||||
| Debt To Equity | 9.00 % | ||||
| Current Ratio | 0.94 X | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | (860.08 K) | ||||
| Short Ratio | 0.78 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Beta | 0.47 | ||||
| Market Capitalization | 58.41 M | ||||
| Total Asset | 6.88 M | ||||
| Retained Earnings | (18.64 M) | ||||
| Working Capital | 737.85 K | ||||
| Net Asset | 6.88 M |
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.
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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.