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:
Below please find a table outlining a discounted cash flow forecast for HNNA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Hennessy Advisors Inc ranked in the 56th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Hennessy Advisors Inc, consider:
The business' balance sheet reveals debt to be 1% of the company's capital (with equity being the remaining amount). Approximately only 4.29% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 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 AMG, GBLI, L, AFL, and HCAP.
NOVATO, Calif., Dec. 1, 2020 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) today reported results for the fiscal year ended September 30, 2020. "Hennessy Advisors continues to post positive earnings and generate strong operating cash flows." "In a year defined by a global…
Hennessy Funds announced that the firm has been recognized for the fourth consecutive year for "Best Overall Advisor Communications" by the Investment Management Education Alliance (IMEA), a national industry trade association. These prestigious awards, known as "STAR Awards," recognize excellence in marketing, education, and communications, and the awards are judged by investment management peers. Hennessy Funds earned the recognition among companies with assets under management of less than $10 billion.