John Hancock Tax-Advantaged Dividend Income Fund
John Hancock Tax-Advantaged Dividend Income Fund Fundamental Analysis
John Hancock Tax-Advantaged Dividend Income Fund (HTD) shows moderate financial fundamentals with a PE ratio of 8.43, profit margin of 1.13%, and ROE of 11.75%. The company generates $0.1B in annual revenue with moderate year-over-year growth of 3.34%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 57.3/100 based on profitability, valuation, growth, and balance sheet metrics. The C grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze HTD's fundamental strength across five key dimensions:
Efficiency Score
WeakHTD struggles to generate sufficient returns from assets.
Valuation Score
ExcellentHTD trades at attractive valuation levels.
Growth Score
WeakHTD faces weak or negative growth trends.
Financial Health Score
ExcellentHTD maintains a strong and stable balance sheet.
Profitability Score
WeakHTD struggles to sustain strong margins.
Key Financial Metrics
Is HTD Expensive or Cheap?
P/E Ratio
HTD trades at 8.43 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, HTD's PEG of -0.24 indicates potential undervaluation.
Price to Book
The market values John Hancock Tax-Advantaged Dividend Income Fund at 0.97 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 3.62 times EBITDA. This is generally considered low.
How Well Does HTD Make Money?
Net Profit Margin
For every $100 in sales, John Hancock Tax-Advantaged Dividend Income Fund keeps $1.13 as profit after all expenses.
Operating Margin
Core operations generate 1.36 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $11.75 in profit for every $100 of shareholder equity.
ROA
John Hancock Tax-Advantaged Dividend Income Fund generates $7.80 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
John Hancock Tax-Advantaged Dividend Income Fund generates strong operating cash flow of $44.65M, reflecting robust business health.
Free Cash Flow
John Hancock Tax-Advantaged Dividend Income Fund generates strong free cash flow of $44.65M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $1.26 in free cash annually.
FCF Yield
HTD converts 5.03% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
8.43
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-0.24
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.97
vs 25 benchmark
P/S Ratio
Price to sales ratio
9.48
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.47
vs 25 benchmark
Current Ratio
Current assets to current liabilities
3.74
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.12
vs 25 benchmark
ROA
Return on assets percentage
0.08
vs 25 benchmark
ROCE
Return on capital employed
0.09
vs 25 benchmark
How HTD Stacks Against Its Sector Peers
| Metric | HTD Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 8.43 | 18.50 | Better (Cheaper) |
| ROE | 11.75% | 809.00% | Weak |
| Net Margin | 112.50% | 2211.00% | Weak |
| Debt/Equity | 0.47 | 0.90 | Strong (Low Leverage) |
| Current Ratio | 3.74 | 692.04 | Strong Liquidity |
| ROA | 7.80% | -24328.00% (disorted) | Weak |
HTD outperforms its industry in 3 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews John Hancock Tax-Advantaged Dividend Income Fund's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
61.01%
Industry Style: Value, Dividend, Cyclical
High GrowthEPS CAGR
61.36%
Industry Style: Value, Dividend, Cyclical
High GrowthFCF CAGR
-27.47%
Industry Style: Value, Dividend, Cyclical
Declining