HNWAF (Hanwa Co) Preferred Stock: $0 Mil (As of Mar. 2026)

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HNWAF Hanwa Co Ltd HNWAF
55 GF Score
Price $10.79
GF Value $7.61
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hanwa Co Preferred Stock?

Hanwa Co HNWAF -1.55% 55 Preferred Stock is $0 Mil as of Mar. 2026. GuruFocus rates HNWAF with a GF Score™ of 55/100 and a GF Value™ of $7.61 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. Hanwa Co's preferred stock for the quarter that ended in Mar. 2026 was $0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Hanwa Co's Enterprise Value for the quarter that ended in Mar. 2026 was $3,689 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Hanwa Co's Book Value per Share for the quarter that ended in Mar. 2026 was $13.85.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Hanwa Co's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $0.40.


Hanwa Co  (OTCPK:HNWAF) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Hanwa Co's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Hanwa Co's Book Value per Share for the quarter that ended in Mar. 2026 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Hanwa Co's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hanwa Co Preferred Stock Related Terms


Hanwa Co Preferred Stock Historical Data

* Premium members only.

The historical data trend for Hanwa Co's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hanwa Co Preferred Stock Chart

Hanwa Co Annual Data
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Hanwa Co Quarterly Data
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HNWAF
55GF Score
Hanwa Co Ltd HNWAF
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
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Hanwa Co Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of $0 Mil mean?
Hanwa Co (HNWAF) has a Preferred Stock of $0 Mil as of Mar. 2026. Preferred Stock represents the par value of a company's preferred shares. View historical data on Hanwa Co and its competitors.
Is Hanwa Co's Preferred Stock too high?
Hanwa Co's current Preferred Stock is $0 Mil. Overall, Hanwa Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanwa Co's Preferred Stock compare to HON and MMM?
Hanwa Co's Preferred Stock of $0 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for a Conglomerates company?
A good Preferred Stock depends on the Conglomerates industry context. However, Preferred Stock should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Hanwa Co and its competitors. Hanwa Co's current Preferred Stock is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanwa Co stock overvalued right now?
Based on GuruFocus' analysis, Hanwa Co (HNWAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.61, compared to a current price of $10.79 — trading 41.8% above its estimated fair value. The current Preferred Stock is $0 Mil. Hanwa Co's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Hanwa Co (HNWAF), the current Preferred Stock is $0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hanwa Co (HNWAF) Overvalued in 2026?

Based on GuruFocus' analysis, Hanwa Co stock appears to be overvalued. The current stock price of $10.79 is trading 41.8% above its estimated GF Value™ of $7.61. GuruFocus considers Hanwa Co to be Significantly Overvalued.

Key valuation signals for HNWAF:

  • Preferred Stock: $0 Mil
  • GF Value™: $7.61 vs. price of $10.79 (41.8% above fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the HNWAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanwa Co Business Description

Other Exchanges 8078:JapanHW4:Germany
Address 1-13-1, Tsukiji, Chuo-ku, Ginza Shochiku Square Building, Tokyo, JPN, 104-8429
Hanwa Co Ltd is a Japan-based trading company with seven segments. The steel segment handles steel products and building materials. The metals and alloys segment supplies chromium, manganese, and other metals. The nonferrous metals segment recycles aluminum, copper, nickel, and chromium. The food products segment handles seafood. The petroleum and chemicals segment trades petroleum products and others. The overseas sales subsidiaries segment comprises Hanwa's overseas subsidiaries in North America and Asia. The other business segment imports forest products and handles amusement facilities and industrial machinery. Steel, petroleum and chemicals, and metals and alloys are the three largest segments by revenue contribution. Hanwa generates most of its revenue from Japanese domestic market.
55GF Score

Get the complete analysis for HNWAF

Preferred Stock is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.79
Price
$7.61
GF Value