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Hennessy Advisors (Hennessy Advisors) Enterprise Value : $32.75 Mil (As of May. 01, 2024)


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What is Hennessy Advisors Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hennessy Advisors's Enterprise Value is $32.75 Mil. Hennessy Advisors's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $9.00 Mil. Therefore, Hennessy Advisors's EV-to-EBIT ratio for today is 3.64.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hennessy Advisors's Enterprise Value is $32.75 Mil. Hennessy Advisors's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $9.25 Mil. Therefore, Hennessy Advisors's EV-to-EBITDA ratio for today is 3.54.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hennessy Advisors's Enterprise Value is $32.75 Mil. Hennessy Advisors's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $24.02 Mil. Therefore, Hennessy Advisors's EV-to-Revenue ratio for today is 1.36.


Hennessy Advisors Enterprise Value Historical Data

The historical data trend for Hennessy Advisors's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hennessy Advisors Enterprise Value Chart

Hennessy Advisors Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.05 51.35 57.02 46.67 30.05

Hennessy Advisors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.06 40.31 33.56 30.05 31.30

Competitive Comparison of Hennessy Advisors's Enterprise Value

For the Asset Management subindustry, Hennessy Advisors's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hennessy Advisors's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hennessy Advisors's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Hennessy Advisors's Enterprise Value falls into.



Hennessy Advisors Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Hennessy Advisors's Enterprise Value for the fiscal year that ended in Sep. 2023 is calculated as

Hennessy Advisors's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hennessy Advisors  (NAS:HNNA) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Hennessy Advisors's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=32.745/8.995
=3.64

Hennessy Advisors's current Enterprise Value is $32.75 Mil.
Hennessy Advisors's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.00 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Hennessy Advisors's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=32.745/9.245
=3.54

Hennessy Advisors's current Enterprise Value is $32.75 Mil.
Hennessy Advisors's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.25 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Hennessy Advisors's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=32.745/24.019
=1.36

Hennessy Advisors's current Enterprise Value is $32.75 Mil.
Hennessy Advisors's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.02 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hennessy Advisors Enterprise Value Related Terms

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Hennessy Advisors (Hennessy Advisors) Business Description

Traded in Other Exchanges
N/A
Address
7250 Redwood Boulevard, Suite 200, Novato, CA, USA, 94945
Hennessy Advisors Inc is an investment management company, engaged in the managing and marketing of open-end mutual funds branded as the Hennessy Funds. It offers domestic equity, sectors, and specialty, balanced and fixed income products. It 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.
Executives
Neil J Hennessy director, 10 percent owner, officer: President and CEO 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Kiera Newton director 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Knight Oriordan Lydia D director 7240 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Rodger Offenbach director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Daniel B Steadman director, officer: Executive Vice President 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Brian A Hennessey director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Teresa M Nilsen director, officer: EVP, CFO and Secretary 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Thomas L Seavey director 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Kathryn Fahy officer: SVP and CFO 7250 REDWOOD BOULEVARD, SUITE 200, NOVATO CA 94945
Susan Weber Pomilia director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Daniel G Libarie director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Charles W Bennett director 700 IRWIN STREET, SAN RAFAEL CA 94901-3300
Henry Hansel director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945