For HNNA, its debt to operating expenses ratio is greater than that reported by just 5.53% of US equities we're observing.
With a year-over-year growth in debt of -97.61%, Hennessy Advisors Inc's debt growth rate surpasses merely 1.31% of about US stocks.
Hennessy Advisors Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 43.68%, greater than the shareholder yield of 93.12% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Hennessy Advisors Inc are SND, NCSM, MCRI, FEDU, and BOOM.
Hennessy Advisors, Inc. is publicly owned investment manager. It provides its services to Hennessy Funds. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The company was founded in 1989 and is based in Novato, California.
HNNA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Hennessy Advisors Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Hennessy Advisors Inc ranked in the 59th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 92.17% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for HNNA, they are:
The business' balance sheet suggests that 1% of the company's capital is sourced from debt; this is greater than only 4.56% of the free cash flow producing stocks we're observing.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than merely 0% of stocks in its sector (Financial Services).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as HNNA, try APO, AFL, JHG, CME, and CB.
Hennessy Advisors, Inc. (NASDAQ: HNNA) reported results for its first fiscal quarter of 2020, which ended December 31, 2019. The firm also announced a quarterly dividend of $0.1375 per share, which will be paid on March 6, 2020, to shareholders of record as of February 24, 2020, bringing the stock's annualized dividend yield to 5.3%*.
Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors' favor when it comes to beating the market, […]
NOVATO, Calif., Oct. 30, 2019 /PRNewswire/ -- The Board of Directors of Hennessy Advisors, Inc. (HNNA) today declared a quarterly dividend of $0.1375 per share, which will be paid on December 3, 2019, to shareholders of record as of November 12, 2019. This quarterly dividend equates to an annualized dividend of $0.55, bringing the yield to 4.9% based on a closing stock price of $11.18 on October 29, 2019. "The company has paid a dividend since 2005, and the dividend program remains a core element of our business strategy," said Neil Hennessy, Chairman and CEO of Hennessy Advisors, Inc. "A consistent stream of dividends is an important way in which we reward our shareholders, and we believe that the strong, current dividend yield supports the value of our stock," he added.