Hennessy Advisors (HNNA) AI Stock Analysis

• Market Cap: $76.96M
• Dividend Yield: 5.82%
• Average Volume (3M): 10.73K
• Price to Earnings (P/E): 9.8
• Beta (1Y): 0.44
• Revenue Growth: 19.87%
• EPS Growth: 38.04%
• Country: US
• Employees: 17
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.24
• Shares Outstanding: 7,892,177
• 10 Day Avg. Volume: 6,059
• 30 Day Avg. Volume: 10,735
• PEG Ratio: 0.21
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 2.29
• P/FCF Ratio: 6.10
• Enterprise Value/Market Cap: 0.58
• Enterprise Value/Revenue: 1.31
• Enterprise Value/Gross Profit: 1.78
• Enterprise Value/Ebitda: 3.67
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: $11.00 ▲(10.55% Upside)
• Action: Reiterated Date: 02/11/26
• Date: Action: Reiterated 02/11/26

The score is primarily driven by solid profitability and generally manageable leverage, but it is held back by recent declines in revenue and free cash flow plus weak debt-coverage metrics. Valuation helps meaningfully (low P/E and strong dividend yield), while technical signals and corporate updates are mixed, with recent operating weakness offset by a dividend increase and supportive governance outcomes.

Positive Factors

High Profitability & Margins

Sustained high margins indicate underlying operating strength and pricing power in the firm's investment strategies. Strong profitability provides internal funding for operations, supports ROE, and creates a buffer against revenue volatility, helping preserve long-term returns and strategic flexibility.

Negative Factors

Declining Revenue & AUM

As an asset manager, recurring fee revenue scales with AUM; a 14% drop materially reduces fee income and limits economies of scale. Persistent outflows or market declines can erode competitive position, constrain product investment and distribution, and depress medium-term organic growth.

Hennessy Advisors Business Overview & Revenue Model

Company Description

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 f...

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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 f...

How the Company Makes Money

Hennessy Advisors generates revenue primarily through management fees charged on the assets under management (AUM) in its investment funds. These fees are typically calculated as a percentage of the AUM and vary based on the specific fund's struct...

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Hennessy Advisors generates revenue primarily through management fees charged on the assets under management (AUM) in its investment funds. These fees are typically calculated as a percentage of the AUM and vary based on the specific fund's struct...

Hennessy Advisors Financial Statement Overview

Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	34.15M	35.54M	29.65M	24.02M	29.67M	32.76M
Gross Profit	25.21M	24.91M	20.58M	12.04M	21.34M	23.68M
EBITDA	12.21M	13.44M	9.11M	6.56M	10.05M	11.11M
Net Income	9.06M	9.96M	7.10M	4.77M	6.19M	7.90M
Balance Sheet
Total Assets	159.56M	160.46M	152.10M	145.72M	143.65M	101.91M
Cash, Cash Equivalents and Short-Term Investments	71.98M	72.44M	63.93M	60.49M	58.50M	15.85M
Total Debt	40.73M	40.50M	40.50M	39.44M	39.52M	1.00M
Total Liabilities	60.65M	62.72M	60.79M	57.97M	57.35M	18.64M
Stockholders Equity	98.91M	97.74M	91.31M	87.75M	86.30M	83.26M
Cash Flow
Free Cash Flow	11.84M	13.35M	8.96M	6.92M	8.45M	10.14M
Operating Cash Flow	12.22M	13.79M	9.28M	7.13M	8.66M	10.39M
Investing Cash Flow	-560.00K	-627.00K	-1.30M	-819.00K	-231.00K	-249.00K
Financing Cash Flow	-4.67M	-4.66M	-4.53M	-4.33M	34.22M	-4.26M

Hennessy Advisors Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 9.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HNNA, the sentiment is Neutral. The current price of 9.95 is above the 20-day moving average (MA) of 9.72, above the 50-day MA of 9.89, and below the 200-day MA of 10.37, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 49.94 is Neutral, neither overbought nor oversold. The STOCH value of 77.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HNNA.

Hennessy Advisors Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
HNNA	66 Neutral	$76.96M	9.81	9.33%	5.82%	19.87%	38.04%
SSSS	61 Neutral	$273.93M	4.69	―	5.39%	―	―
MRCC	59 Neutral	$100.53M	-13.03	-2.90%	14.03%	-34.92%	-132.22%
OFS	54 Neutral	$46.22M	-1.93	-23.38%	25.87%	-14.76%	―
GECC	49 Neutral	$69.99M	-2.74	-24.20%	22.43%	47.01%	-179.46%
OXSQ	46 Neutral	$158.39M	-7.18	-12.27%	24.14%	-177.91%	55.08%

Hennessy Advisors Corporate Events