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HNNAHennessy Advisors, Inc.
$10.19$81M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
HNNA logo

Hennessy Advisors, Inc.

HNNA
NASDAQ · Asset Managers & Custodians
$10.19
At close - Nov 6, 4:00 PM EST - USD
Market Cap$81M
P/E9.9x
52W High$10.89
Volume8.54K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Operational Efficiency Offsets Stagnant Organic Revenue Growth

Hennessy Advisors maintains a fortress balance sheet with $73.1M in cash, providing significant optionality for its acquisition-led growth strategy in the fragmented mutual fund sector.

GrowthMixed
ProfitabilityStrong
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

HNNA price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

0/12 Beats

EPS beat 0 of last 12 quarters

02

Valuation risk

-32% Peers

P/E is 32% below peer median

03

Market leadership

RS 65 · Avg

Average momentum (RS Rating: 65)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystConfirmed earnings · Dec 9

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
HNNA+10.37%
S&P 500 (^GSPC)+7.63%
1-Year Return
HNNA+9.97%
S&P 500 (^GSPC)+9.69%
3-Year Return
HNNA+77.54%
S&P 500 (^GSPC)+64.08%
5-Year Return
HNNA+14.85%
S&P 500 (^GSPC)+53.13%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
9.9x
Forward P/E
N/A
EV/EBITDA20th %ile
4.2x
FCF YieldCash Flow
12.6%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
9.9x
10.6x
40th· Fair
EV/EBITDA
4.2x
4.6x
20th· Low
Price/FCF
7.9x
7.3x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$33M+21.5% YoY
Net income FY25
$10M+40.3% YoY
Free cash flow FY25
$13M+49.0% YoY
Operating margin FY25
39.5%+7.1 pts YoY
ROIC (FY25)7.3%
Avg ROIC 5Y6.6%
ROE (TTM)8.3%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate0/12 (0%)
Revenue Beat Rate0/12 (0%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 5, 2026
$0.25-32.4%
vs $0.37
$8M-15.8%
vs $10M
Q2 2026
May 6, 2026
$0.24-27.3%
vs $0.33
$8M-15.4%
vs $10M
Q1 2026
Feb 5, 2026
$0.24-27.3%
vs $0.33
$8M-13.5%
vs $10M
Q4 2025
Dec 3, 2025
$0.31-6.1%
vs $0.33
$9M-11.6%
vs $10M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
04

Compare before deciding

Benchmark HNNA against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Hennessy Advisors, Inc. (HNNA)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
HNNA logoHNNAHennessy Advisors, Inc.Current
$10.19$80.53M9.9221.46%26.77%8.31%5.27%
GROW logoGROWU.S. Global Investors, Inc.
$2.50$31.7M10.10-8.2%36.31%6.74%3.6%
SAMG logoSAMGSilvercrest Asset Management Group Inc.
$10.68$82.04M89.901.35%0.74%1.17%7.53%
VRTS logoVRTSVirtus Investment Partners, Inc.
$127.35$850.97M7.26-7.13%17.36%11.02%7.32%
AMG logoAMGAffiliated Managers Group, Inc.
$362.96$9.59B11.4021.05%35.95%19.67%0.01%
GCMG logoGCMGGCM Grosvenor Inc.
$12.66$2.37B57.919.17%8.1%47.35%1.01%

Compare HNNA vs Peers

Hennessy Advisors, Inc. (HNNA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GROW

Most directly comparable listed peer for HNNA.

Scale Benchmark

vs BLK

Larger-name benchmark to compare HNNA against a more recognizable public peer.

Peer Set

Compare Top 5

vs GROW, SAMG, VRTS, AMG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

HNNA SEC Filings & Documents

Hennessy Advisors, Inc. (HNNA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 5, 2026·SEC

Material company update

May 28, 2026·SEC

Material company update

May 6, 2026·SEC

10-K Annual Reports

4
FY 2025

Dec 3, 2025·SEC

FY 2024

Dec 11, 2024·SEC

FY 2023

Dec 7, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 5, 2026·SEC

FY 2026

May 6, 2026·SEC

FY 2026

Feb 5, 2026·SEC

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HNNA Frequently Asked Questions

Hennessy Advisors, Inc. (HNNA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Hennessy Advisors, Inc. growing?

Hennessy Advisors, Inc. (HNNA) revenue fell by 8.0% over the trailing twelve months, compared with the twelve months before.

Is HNNA profitable?

Yes. Hennessy Advisors, Inc. (HNNA) earned $8.3M in net income over the trailing twelve months (a 26.8% net margin).

Dividend & Returns
Does HNNA pay dividends?

Yes. Hennessy Advisors, Inc. (HNNA) pays a dividend that yields 5.27% at the current price, a high yield.

What is HNNA's return on equity?

Hennessy Advisors, Inc. (HNNA) had a return on equity (ROE) of 8.3% over the trailing twelve months. That is below the market's typical 10-15%.

Industry Metrics
What is Hennessy Advisors, Inc.'s net interest margin?

Hennessy Advisors, Inc. (HNNA) has a net interest margin (NIM) of 0.3%. NIM has been under pressure due to interest rate environment.

What is Hennessy Advisors, Inc.'s efficiency ratio?

Hennessy Advisors, Inc. (HNNA) has an efficiency ratio of 35.4%. This is excellent, indicating strong cost control.

What if you invested $1,000 in HNNA back in 2001?

Total return calculator · dividends reinvested · 25+ years of data

See returns →