Hennessy Advisors, Inc. (HNNA) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

55.14 k

Shareholding (Mar 2025)

FII

0.51%

Held by 6 FIIs

DII

92.68%

Held by 7 DIIs

Promoter

0.00%

What does Hennessy Advisors, Inc. do?

22-Jun-2025

Hennessy Advisors, Inc. is an investment management company that manages open-end mutual funds known as Hennessy Funds. As of March 2025, it has a market cap of $88.99 million, with recent net sales of $9 million and a net profit of $3 million.

Who are in the management team of Hennessy Advisors, Inc.?

22-Jun-2025

As of March 2022, the management team of Hennessy Advisors, Inc. is led by Mr. Neil Hennessy (Chairman and CEO) and includes Ms. Teresa Nilsen (President), Mr. Dan Steadman (Executive VP), and several independent directors.

Is Hennessy Advisors, Inc. technically bullish or bearish?

25-Jun-2025

As of November 1, 2023, there is insufficient technical data for Hennessy Advisors, Inc. to determine a bullish or bearish outlook.

Is Hennessy Advisors, Inc. overvalued or undervalued?

05-Nov-2025

As of October 31, 2025, Hennessy Advisors, Inc. is rated very attractive due to its undervaluation with a P/E ratio of 9, a Price to Book Value of 0.90, and an EV to EBITDA of 1.38, despite a year-to-date return of -23.14% compared to the S&P 500's 16.30%, indicating potential for future performance improvement based on strong fundamentals.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 7.90%

Poor long term growth as Net Sales has grown by an annual rate of -0.21% and Operating profit at 4.62%

The company has declared Positive results for the last 5 consecutive quarters

With ROE of 10.27%, it has a very attractive valuation with a 0.90 Price to Book Value

Increasing Participation by Institutional Investors

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

Capital Markets

Market cap

USD 94 Million (Micro Cap)

P/E

9.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-999,999.00

Return on Equity

10.22%

Price to Book

0.97

Revenue and Profits:

Net Sales:

8 Million

(Quarterly Results - Jun 2025)

Net Profit:

2 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-15.42%

6 Months

-6.5%

1 Year

-14.86%

2 Years

59.8%

3 Years

16.61%

4 Years

0.03%

5 Years

14.67%

Hennessy Advisors, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Is Hennessy Advisors, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Hennessy Advisors, Inc. moved from attractive to very attractive, indicating a stronger assessment of its value. The company appears undervalued based on its key metrics, including a P/E ratio of 9, a Price to Book Value of 0.90, and an EV to EBITDA of 1.38. In comparison to peers, Medallion Financial Corp. has a P/E of 6.39, while Monroe Capital Corp. stands out with a very high P/E of 85.47, highlighting Hennessy's relative attractiveness in the market. Despite recent underperformance with a year-to-date return of -23.14% compared to the S&P 500's 16.30%, Hennessy Advisors has shown resilience over longer periods, with a 3-year return of 8.11% versus the S&P 500's 76.66%. This suggests that while the short-term outlook may be challenging, the company's strong fundamentals could lead to better performance in the future....

Is Hennessy Advisors, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Hennessy Advisors, Inc. moved from attractive to very attractive, indicating a strong improvement in its valuation outlook. The company is currently undervalued, supported by a P/E ratio of 9, a Price to Book Value of 0.90, and an EV to EBITDA ratio of 1.38. In comparison to its peers, Medallion Financial Corp. has a P/E of 6.39, while Monroe Capital Corp. shows a significantly higher P/E of 85.47, highlighting Hennessy Advisors' relative attractiveness in the market. Despite the lack of return data for a direct comparison with the S&P 500, the strong valuation metrics suggest that Hennessy Advisors, Inc. is positioned favorably within its industry, particularly given its high ROCE of 46.34% and low PEG ratio of 0.10. This combination of factors reinforces the conclusion that the stock is undervalued compared to its peers....

Is Hennessy Advisors, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Hennessy Advisors, Inc. moved from attractive to very attractive. The company appears undervalued, supported by a P/E ratio of 9, a price-to-book value of 0.90, and an EV to EBITDA ratio of 1.38. In comparison to peers, Medallion Financial Corp. has a P/E of 6.39, while Monroe Capital Corp. stands out with a much higher P/E of 85.47, indicating that Hennessy Advisors is positioned favorably within its industry. Despite recent challenges, including a year-to-date return of -23.06% compared to the S&P 500's 16.30%, the long-term performance shows promise with a 5-year return of 21.56% against the S&P 500's 109.18%. This suggests that while the stock may be currently undervalued, it has the potential for recovery and growth in the future....

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-0.21%

EBIT Growth (5y)

4.62%

EBIT to Interest (avg)

7.19

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

27.39%

Dividend Payout Ratio

59.84%

Pledged Shares

Institutional Holding

13.39%

ROCE (avg)

34.41%

ROE (avg)

7.90%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.90

EV to EBIT

1.41

EV to EBITDA

1.38

EV to Capital Employed

0.65

EV to Sales

0.51

PEG Ratio

0.10

Dividend Yield

ROCE (Latest)

46.34%

ROE (Latest)

10.27%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Mildly Bearish

Dow Theory

No Trend

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 7 Schemes (6.81%)

Foreign Institutions

Held by 6 Foreign Institutions (0.51%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -12.90% vs -4.12% in Mar 2025",
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      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -19.23% vs -7.14% in Mar 2025",
        "dir": -1
      }
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    "table": {
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        "Jun'25",
        "Mar'25",
        "Change(%)"
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          "val2": "9.30",
          "chgp": "-12.90%",
          "chgp_class": "negative"
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.90",
          "val2": "3.50",
          "chgp": "-17.14%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.60",
          "val2": "0.60",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2.10",
          "val2": "2.60",
          "chgp": "-19.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "353.70%",
          "val2": "372.00%",
          "chgp": "-1.83%",
          "chgp_class": "negative"
        }
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    }
  },
  {
    "link": "annual",
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        "prefix": "Net Sales ",
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        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Sep 2024 is 47.92% vs -22.58% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "29.60",
          "val2": "24.00",
          "chgp": "23.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "9.10",
          "val2": "6.60",
          "chgp": "37.88%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.30",
          "val2": "2.30",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "7.10",
          "val2": "4.80",
          "chgp": "47.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "299.10%",
          "val2": "263.70%",
          "chgp": "3.54%",
          "chgp_class": "positive"
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]

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Jun'25

Mar'25

Change(%)

Net Sales

8.10

9.30

-12.90%

Operating Profit (PBDIT) excl Other Income

2.90

3.50

-17.14%

Interest

0.60

Exceptional Items

0.00

Consolidate Net Profit

2.10

2.60

-19.23%

Operating Profit Margin (Excl OI)

353.70%

372.00%

-1.83%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2025 is -12.90% vs -4.12% in Mar 2025

Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is -19.23% vs -7.14% in Mar 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Sep'24

Sep'24

Sep'23

Change(%)

Net Sales

29.60

24.00

23.33%

Operating Profit (PBDIT) excl Other Income

9.10

6.60

37.88%

Interest

2.30

Exceptional Items

0.00

Consolidate Net Profit

7.10

4.80

47.92%

Operating Profit Margin (Excl OI)

299.10%

263.70%

3.54%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Sep 2024 is 23.33% vs -19.19% in Sep 2023

Consolidated Net Profit

YoY Growth in year ended Sep 2024 is 47.92% vs -22.58% in Sep 2023

All Annual Results

Company CV

About Hennessy Advisors, Inc.

Hennessy Advisors, Inc.

Capital Markets

Hennessy Advisors, Inc. is an investment management company. The Company's business activity is managing, servicing and marketing open-end mutual funds branded as the Hennessy Funds. The Company provides investment advisory services and shareholder services to the Hennessy Funds. Its investment advisory services include managing the composition of each fund's portfolio, including the purchase, retention and disposition of portfolio securities in accordance with the Fund's investment objectives, policies and restrictions; conducting investment research, and monitoring compliance with each fund's investment restrictions and applicable laws and regulations. It also includes overseeing the selection and continued employment of sub-advisors and monitoring such sub-advisors' investment performance and adherence to investment policies and compliance procedures. The Company manages 16 mutual funds that are categorized as Domestic Equity, Multi-Asset Funds, and Sector and Specialty.

Company Coordinates

Company Details

7250 Redwood Blvd Ste 200 , NOVATO CA : 94945-3272

Tel: 1 415 8991555

http://www.hennessyadvisors.com/

Registrar Details

Hennessy Advisors, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

What does Hennessy Advisors, Inc. do?

Watch in Real-Time

Who are in the management team of Hennessy Advisors, Inc.?

Is Hennessy Advisors, Inc. technically bullish or bearish?

Is Hennessy Advisors, Inc. overvalued or undervalued?

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Dashboard

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 7.90%

Poor long term growth as Net Sales has grown by an annual rate of -0.21% and Operating profit at 4.62%

The company has declared Positive results for the last 5 consecutive quarters

With ROE of 10.27%, it has a very attractive valuation with a 0.90 Price to Book Value

Increasing Participation by Institutional Investors

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Is Hennessy Advisors, Inc. overvalued or undervalued?

Is Hennessy Advisors, Inc. overvalued or undervalued?

Is Hennessy Advisors, Inc. overvalued or undervalued?

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Annual Results Snapshot (Consolidated) - Sep'24

About Hennessy Advisors, Inc.

Company Coordinates