Hennessy Advisors, Inc. Logo

Hennessy Advisors, Inc.

HNNA

(2.8)
Stock Price

10,50 USD

4.09% ROA

6.88% ROE

12.32x PER

Market Cap.

75.274.780,00 USD

44.02% DER

5.62% Yield

22.52% NPM

Hennessy Advisors, Inc. Stock Analysis

Hennessy Advisors, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Hennessy Advisors, Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.56x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (45%), which means it has a small amount of debt compared to the ownership it holds

3 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

4 ROE

ROE in an average range (5.53%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (3.33%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

8 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (26), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

9 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Hennessy Advisors, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Hennessy Advisors, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Hennessy Advisors, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Hennessy Advisors, Inc. Revenue
Year Revenue Growth
2001 1.674.068
2002 2.270.287 26.26%
2003 4.787.528 52.58%
2004 9.545.189 49.84%
2005 11.997.000 20.44%
2006 16.934.000 29.15%
2007 16.072.000 -5.36%
2008 10.275.000 -56.42%
2009 5.813.000 -76.76%
2010 7.723.000 24.73%
2011 7.644.000 -1.03%
2012 7.072.000 -8.09%
2013 24.308.000 70.91%
2014 34.526.000 29.6%
2015 44.739.000 22.83%
2016 51.410.000 12.98%
2017 52.955.000 2.92%
2018 54.590.000 3%
2019 42.715.000 -27.8%
2020 33.389.000 -27.93%
2021 32.760.000 -1.92%
2022 29.667.000 -10.43%
2023 24.020.000 -23.51%
2024 31.136.000 22.85%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Hennessy Advisors, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Hennessy Advisors, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 409.329 100%
2003 641.718 36.21%
2004 871.804 26.39%
2005 939.000 7.16%
2006 1.656.000 43.3%
2007 1.885.000 12.15%
2008 7.012.000 73.12%
2009 5.883.000 -19.19%
2010 5.972.000 1.49%
2011 5.395.000 -10.7%
2012 5.195.000 -3.85%
2013 7.059.000 26.41%
2014 10.275.000 31.3%
2015 12.507.000 17.85%
2016 14.549.000 14.04%
2017 15.107.000 3.69%
2018 16.325.000 7.46%
2019 15.024.000 -8.66%
2020 12.534.000 -19.87%
2021 12.086.000 -3.71%
2022 10.763.000 -12.29%
2023 9.238.000 -16.51%
2024 6.228.000 -48.33%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Hennessy Advisors, Inc. EBITDA
Year EBITDA Growth
2001 744.614
2002 799.786 6.9%
2003 1.804.363 55.67%
2004 4.806.513 62.46%
2005 6.796.000 29.27%
2006 8.868.000 23.36%
2007 8.313.000 -6.68%
2008 3.263.000 -154.77%
2009 -70.000 4761.43%
2010 1.751.000 104%
2011 2.249.000 22.14%
2012 1.877.000 -19.82%
2013 9.008.000 79.16%
2014 14.389.000 37.4%
2015 20.080.000 28.34%
2016 24.145.000 16.84%
2017 24.724.000 2.34%
2018 24.851.000 0.51%
2019 16.584.000 -49.85%
2020 11.647.000 -42.39%
2021 11.113.000 -4.81%
2022 10.275.000 -8.16%
2023 9.086.000 -13.09%
2024 10.576.000 14.09%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Hennessy Advisors, Inc. Gross Profit
Year Gross Profit Growth
2001 1.674.068
2002 2.270.287 26.26%
2003 4.787.528 52.58%
2004 9.545.189 49.84%
2005 9.513.000 -0.34%
2006 13.625.000 30.18%
2007 12.752.000 -6.85%
2008 7.243.000 -76.06%
2009 2.769.000 -161.57%
2010 4.958.000 44.15%
2011 5.396.000 8.12%
2012 4.641.000 -16.27%
2013 17.643.000 73.69%
2014 27.113.000 34.93%
2015 34.989.000 22.51%
2016 39.467.000 11.35%
2017 40.093.000 1.56%
2018 41.555.000 3.52%
2019 31.782.000 -30.75%
2020 24.569.000 -29.36%
2021 23.682.000 -3.75%
2022 21.345.000 -10.95%
2023 16.288.000 -31.05%
2024 25.664.000 36.53%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Hennessy Advisors, Inc. Net Profit
Year Net Profit Growth
2001 198.739
2002 308.697 35.62%
2003 1.061.988 70.93%
2004 2.765.006 61.59%
2005 3.139.000 11.91%
2006 4.403.000 28.71%
2007 4.133.000 -6.53%
2008 1.611.000 -156.55%
2009 -195.000 926.15%
2010 913.000 121.36%
2011 1.215.000 24.86%
2012 971.000 -25.13%
2013 4.820.000 79.85%
2014 7.667.000 37.13%
2015 11.389.000 32.68%
2016 14.367.000 20.73%
2017 14.942.000 3.85%
2018 20.615.000 27.52%
2019 11.031.000 -86.88%
2020 7.841.000 -40.68%
2021 7.902.000 0.77%
2022 6.190.000 -27.66%
2023 4.771.000 -29.74%
2024 8.116.000 41.21%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Hennessy Advisors, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 1 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 1 0%
2014 1 0%
2015 1 100%
2016 2 0%
2017 2 0%
2018 3 50%
2019 1 -100%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2024 1 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Hennessy Advisors, Inc. Free Cashflow
Year Free Cashflow Growth
2001 732.018
2002 338.439 -116.29%
2003 1.334.276 74.64%
2004 3.430.139 61.1%
2005 3.374.000 -1.66%
2006 5.903.000 42.84%
2007 5.766.000 -2.38%
2008 2.146.000 -168.69%
2009 -1.966.000 209.16%
2010 1.904.000 203.26%
2011 1.826.000 -4.27%
2012 1.663.000 -9.8%
2013 5.905.000 71.84%
2014 9.273.000 36.32%
2015 14.198.000 34.69%
2016 18.003.000 21.14%
2017 19.017.000 5.33%
2018 21.171.000 10.17%
2019 14.188.000 -49.22%
2020 10.451.000 -35.76%
2021 10.137.000 -3.1%
2022 8.449.000 -19.98%
2023 6.919.000 -22.11%
2024 3.459.000 -100.03%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Hennessy Advisors, Inc. Operating Cashflow
Year Operating Cashflow Growth
2001 734.287
2002 358.417 -104.87%
2003 1.359.326 73.63%
2004 3.498.630 61.15%
2005 3.442.000 -1.65%
2006 6.273.000 45.13%
2007 5.821.000 -7.76%
2008 2.216.000 -162.68%
2009 873.000 -153.84%
2010 2.037.000 57.14%
2011 1.878.000 -8.47%
2012 2.037.000 7.81%
2013 6.158.000 66.92%
2014 9.413.000 34.58%
2015 14.456.000 34.89%
2016 18.187.000 20.51%
2017 19.193.000 5.24%
2018 21.531.000 10.86%
2019 14.392.000 -49.6%
2020 10.623.000 -35.48%
2021 10.386.000 -2.28%
2022 8.665.000 -19.86%
2023 7.134.000 -21.46%
2024 3.552.000 -100.84%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Hennessy Advisors, Inc. Capital Expenditure
Year Capital Expenditure Growth
2001 2.269
2002 19.978 88.64%
2003 25.050 20.25%
2004 68.491 63.43%
2005 68.000 -0.72%
2006 370.000 81.62%
2007 55.000 -572.73%
2008 70.000 21.43%
2009 2.839.000 97.53%
2010 133.000 -2034.59%
2011 52.000 -155.77%
2012 374.000 86.1%
2013 253.000 -47.83%
2014 140.000 -80.71%
2015 258.000 45.74%
2016 184.000 -40.22%
2017 176.000 -4.55%
2018 360.000 51.11%
2019 204.000 -76.47%
2020 172.000 -18.6%
2021 249.000 30.92%
2022 216.000 -15.28%
2023 215.000 -0.47%
2024 93.000 -131.18%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Hennessy Advisors, Inc. Equity
Year Equity Growth
2001 205.568
2002 6.774.630 96.97%
2003 7.836.618 13.55%
2004 10.707.714 26.81%
2005 13.679.000 21.72%
2006 18.950.000 27.82%
2007 23.355.000 18.86%
2008 24.523.000 4.76%
2009 24.121.000 -1.67%
2010 24.500.000 1.55%
2011 24.840.000 1.37%
2012 25.224.000 1.52%
2013 29.787.000 15.32%
2014 37.414.000 20.39%
2015 23.095.000 -62%
2016 63.972.000 63.9%
2017 61.778.000 -3.55%
2018 67.304.000 8.21%
2019 68.207.000 1.32%
2020 68.544.000 0.49%
2021 68.421.000 -0.18%
2022 67.318.000 -1.64%
2023 66.709.000 -0.91%
2024 90.163.000 26.01%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Hennessy Advisors, Inc. Assets
Year Assets Growth
2001 4.296.927
2002 6.933.014 38.02%
2003 9.148.863 24.22%
2004 19.913.879 54.06%
2005 29.107.000 31.58%
2006 33.107.000 12.08%
2007 35.704.000 7.27%
2008 34.335.000 -3.99%
2009 30.099.000 -14.07%
2010 31.899.000 5.64%
2011 32.137.000 0.74%
2012 32.902.000 2.33%
2013 74.734.000 55.97%
2014 75.315.000 0.77%
2015 73.133.000 -2.98%
2016 85.380.000 14.34%
2017 97.927.000 12.81%
2018 109.480.000 10.55%
2019 110.208.000 0.66%
2020 94.786.000 -16.27%
2021 101.905.000 6.99%
2022 143.652.000 29.06%
2023 145.719.000 1.42%
2024 149.460.000 2.5%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Hennessy Advisors, Inc. Liabilities
Year Liabilities Growth
2001 4.091.359
2002 125.216 -3167.44%
2003 1.312.245 90.46%
2004 9.206.165 85.75%
2005 15.428.000 40.33%
2006 14.157.000 -8.98%
2007 12.349.000 -14.64%
2008 9.812.000 -25.86%
2009 5.978.000 -64.14%
2010 7.399.000 19.21%
2011 7.297.000 -1.4%
2012 7.678.000 4.96%
2013 44.947.000 82.92%
2014 37.901.000 -18.59%
2015 50.038.000 24.26%
2016 48.049.000 -4.14%
2017 46.397.000 -3.56%
2018 38.500.000 -20.51%
2019 34.680.000 -11.01%
2020 16.608.000 -108.82%
2021 18.643.000 10.92%
2022 57.354.000 67.49%
2023 57.967.000 1.06%
2024 59.297.000 2.24%

Hennessy Advisors, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
3.53
Net Income per Share
0.8
Price to Earning Ratio
12.32x
Price To Sales Ratio
2.78x
POCF Ratio
9.04
PFCF Ratio
10.34
Price to Book Ratio
0.83
EV to Sales
1.98
EV Over EBITDA
5.66
EV to Operating CashFlow
6.45
EV to FreeCashFlow
7.38
Earnings Yield
0.08
FreeCashFlow Yield
0.1
Market Cap
0,08 Bil.
Enterprise Value
0,05 Bil.
Graham Number
14.5
Graham NetNet
0.67

Income Statement Metrics

Net Income per Share
0.8
Income Quality
1.36
ROE
0.07
Return On Assets
0.04
Return On Capital Employed
0.05
Net Income per EBT
0.72
EBT Per Ebit
1.11
Ebit per Revenue
0.28
Effective Tax Rate
0.28

Margins

Sales, General, & Administrative to Revenue
0.26
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.04
Gross Profit Margin
0.73
Operating Profit Margin
0.28
Pretax Profit Margin
0.31
Net Profit Margin
0.23

Dividends

Dividend Yield
0.06
Dividend Yield %
5.62
Payout Ratio
0.68
Dividend Per Share
0.55

Operating Metrics

Operating Cashflow per Share
1.08
Free CashFlow per Share
0.95
Capex to Operating CashFlow
0.13
Capex to Revenue
0.04
Capex to Depreciation
4.19
Return on Invested Capital
0.04
Return on Tangible Assets
0.04
Days Sales Outstanding
42.78
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
8.53
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.14

Balance Sheet

Cash per Share
8,08
Book Value per Share
11,74
Tangible Book Value per Share
11.74
Shareholders Equity per Share
11.74
Interest Debt per Share
5.46
Debt to Equity
0.44
Debt to Assets
0.27
Net Debt to EBITDA
-2.27
Current Ratio
17.39
Tangible Asset Value
0,09 Bil.
Net Current Asset Value
0,01 Bil.
Invested Capital
63252000
Working Capital
0,06 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0.5
Debt to Market Cap
0.53

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Hennessy Advisors, Inc. Dividends
Year Dividends Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 1 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2024 0 0%

Hennessy Advisors, Inc. Profile

About Hennessy Advisors, Inc.

Hennessy Advisors, Inc. is publicly owned investment manager. It provides its services to Hennessy Funds and investment companies. 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 firm primarily invests in growth stocks of companies. It conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina.

CEO
Mr. Neil Joseph Hennessy
Employee
16
Address
7250 Redwood Boulevard
Novato, 94945

Hennessy Advisors, Inc. Executives & BODs

Hennessy Advisors, Inc. Executives & BODs
# Name Age
1 Ms. Kathryn Rose Fahy CPA
Chief Financial Officer & Senior Vice President
70
2 Ms. Teresa Mariani Nilsen
President, Chief Operating Officer, Corporate Secretary & Director
70
3 Mr. Neil Joseph Hennessy
Chairman & Chief Executive Officer
70
4 Mr. Daniel Bruce Steadman
Executive Vice President
70
5 Ms. Jennifer Lynn Emerson
General Counsel
70
6 Lesha Harding
Assistant Controller
70
7 Mr. Brian Cameron Carlson
Chief Compliance Officer & Senior Vice President
70
8 Mr. Alan J. Hennessy
Vice President of Corporate Development & Operations
70
9 Ms. Jill Carley
Marketing Associate
70
10 Mr. Daniel P. Hennessy
Portfolio Manager
70

Hennessy Advisors, Inc. Competitors