The Hanover Insurance Stock Price To Sales
THG Stock | USD 163.60 0.86 0.53% |
The Hanover Insurance fundamentals help investors to digest information that contributes to Hanover Insurance's financial success or failures. It also enables traders to predict the movement of Hanover Stock. The fundamental analysis module provides a way to measure Hanover Insurance's 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 Insurance stock.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 0.72 | 0.60 |
Hanover | Price To Sales |
The Hanover Insurance Company Price To Sales Analysis
Hanover Insurance's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Hanover Insurance Price To Sales | 0.95 X |
Most of Hanover Insurance's fundamental indicators, such as Price To Sales, 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, The Hanover Insurance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hanover Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Hanover Insurance is extremely important. It helps to project a fair market value of Hanover Stock properly, considering its historical fundamentals such as Price To Sales. Since Hanover Insurance's 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 Hanover Insurance's 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 Hanover Insurance's interrelated accounts and indicators.
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Hanover Price To Sales Historical Pattern
Today, most investors in Hanover Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hanover Insurance's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hanover Insurance price to sales as a starting point in their analysis.
Hanover Insurance Price To Sales |
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The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Hanover Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, The Hanover Insurance has a Price To Sales of 0.9536 times. This is 55.85% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The price to sales for all United States stocks is 91.65% higher than that of the company.
Hanover Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hanover Insurance's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hanover Insurance could also be used in its relative valuation, which is a method of valuing Hanover Insurance by comparing valuation metrics of similar companies.Hanover Insurance is currently under evaluation in price to sales category among its peers.
Hanover Insurance ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hanover Insurance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hanover Insurance's managers, analysts, and investors.Environmental | Governance | Social |
Hanover Fundamentals
Return On Equity | 0.15 | ||||
Return On Asset | 0.0215 | ||||
Profit Margin | 0.06 % | ||||
Operating Margin | 0.09 % | ||||
Current Valuation | 6.25 B | ||||
Shares Outstanding | 36.03 M | ||||
Shares Owned By Insiders | 0.76 % | ||||
Shares Owned By Institutions | 88.38 % | ||||
Number Of Shares Shorted | 248.28 K | ||||
Price To Earning | 18.15 X | ||||
Price To Book | 2.05 X | ||||
Price To Sales | 0.95 X | ||||
Revenue | 5.99 B | ||||
Gross Profit | 752 M | ||||
EBITDA | 75.2 M | ||||
Net Income | 33.5 M | ||||
Cash And Equivalents | 305 M | ||||
Cash Per Share | 4.63 X | ||||
Total Debt | 783.2 M | ||||
Debt To Equity | 0.34 % | ||||
Current Ratio | 0.36 X | ||||
Book Value Per Share | 79.94 X | ||||
Cash Flow From Operations | 361.7 M | ||||
Short Ratio | 1.44 X | ||||
Earnings Per Share | 10.09 X | ||||
Price To Earnings To Growth | (23.25) X | ||||
Target Price | 172.33 | ||||
Number Of Employees | 4.8 K | ||||
Beta | 0.71 | ||||
Market Capitalization | 5.9 B | ||||
Total Asset | 14.61 B | ||||
Retained Earnings | 2.91 B | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 2.05 % | ||||
Net Asset | 14.61 B | ||||
Last Dividend Paid | 3.4 |
About Hanover Insurance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Hanover Insurance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hanover Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Hanover Insurance 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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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:Check out Hanover Insurance Piotroski F Score and Hanover Insurance Altman Z Score analysis. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Property & Casualty Insurance space 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 10.656 | Dividend Share 3.4 | Earnings Share 10.09 | Revenue Per Share 172.438 | Quarterly Revenue Growth 0.032 |
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.