For HNNA, its debt to operating expenses ratio is greater than that reported by merely 6.64% of US equities we're observing.
With a year-over-year growth in debt of -97.19%, Hennessy Advisors Inc's debt growth rate surpasses just 1.5% 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 54.17%, greater than the shareholder yield of 94.43% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Hennessy Advisors Inc, a group of peers worth examining would be ROYL, NCSM, SND, FEDU, and HCCI.
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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Hennessy Advisors Inc. To summarize, we found that Hennessy Advisors Inc ranked in the 71th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for HNNA, they are:
HNNA's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 55.65% of tickers in our DCF set.
Relative to other stocks in its sector (Financial Services), Hennessy Advisors Inc has a reliance on debt greater than only 2.29% of them.
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 CPTA, NGHC, PGR, RE, and SAMG.
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%*.
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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.