← Scroll for more →
Hennessy Advisors Inc (HNNA)
Investment Advice
Latest Price
$10.25
TTM P/E
9.76
Normalized P/E
11.14
TTM Div Yield
5.56%
Fwd Div Yield
5.56%
Book Value
12.80
P/B Ratio
0.80
Valuation metrics
adjust assumptions →EPS: $1.27
Book value / share: $12.39
Formula: √(22.5 × EPS × BVPS)
Graham Number
$18.81
+84% upside
Norm. op. income: $11M (median of 7yr)
Tax rate: 27%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$17.54
+71% upside
Base FCF: $9M (median of recent 5yr)
Growth: -9%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$14.66
+43% upside
EPS: $1.27
Target P/E: 11×
Formula: EPS × P/E
P/E Fair Value
$13.97
+36% upside
Institutional Ownership
13.6% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| Vanguard Capital Management LLC | 238.7K | $2.0M | 3.02% | -194 | 2026-06-30 |
| Truffle Hound Capital, LLC | 200.0K | $2.0M | 2.53% | -- | 2026-06-30 |
| Aegis Financial Corp | 170.8K | $1.0M | 2.16% | +29.4K | 2026-06-30 |
| Renaissance Technologies LLC | 97.7K | -- | 1.24% | -2.4K | 2026-06-30 |
| Perigon Wealth Management, LLC | 63.8K | -- | 0.81% | -- | 2026-06-30 |
| Geode Capital Management, LLC | 58.5K | -- | 0.74% | +7.2K | 2026-06-30 |
| Dimensional Fund Advisors LP | 53.5K | -- | 0.68% | +792 | 2026-06-30 |
| Vanguard Fiduciary Trust Co | 27.6K | -- | 0.35% | +194 | 2026-06-30 |
| Bridgeway Capital Management, LLC | 23.6K | -- | 0.30% | +1.5K | 2026-06-30 |
| Concurrent Investment Advisors, LLC | 21.4K | -- | 0.27% | +10.9K | 2026-06-30 |