Hennessy AdvisorsHNNA -0.49%64 EV-to-FCF is 4.57 as of Jul. 11, 2026, which is 17% below its 10-year median of 5.50. GuruFocus rates HNNA with a GF Score™ of 64/100 and a GF Value™ of $9.54 (Fairly Valued). The stock has 4 warning signs investors should review. Among 936 Asset Management companies, Hennessy Advisors ranks better than 84.51% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Hennessy Advisors's Enterprise Value is $47.64 Mil.
Hennessy Advisors's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $10.42 Mil. Therefore, Hennessy Advisors's EV-to-FCF for today is 4.57.
The historical rank and industry rank for Hennessy Advisors's EV-to-FCF or its related term are showing as below:
HNNA'
s EV-to-FCF Range Over the Past 10 Years
Min: 2.98 Med: 5.5 Max: 12.54
Current: 4.57
During the past 13 years, the highest EV-to-FCF of Hennessy Advisors was 12.54. The lowest was 2.98. And the median was 5.50.
HNNA's EV-to-FCF is ranked better than 84.51% of 936
companies
in the Asset Management industry
Industry Median: 14.515
vs HNNA: 4.57
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Hennessy Advisors's PE Ratio (TTM) for today is calculated as:
Hennessy Advisors's share price for today is $10.15.
Hennessy Advisors's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.050.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Hennessy Advisors EV-to-FCF Related Terms
Hennessy Advisors EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Hennessy Advisors's EV-to-FCF 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.
For the Asset Management subindustry, Hennessy Advisors's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hennessy Advisors's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Hennessy Advisors's EV-to-FCF falls into.
Hennessy Advisors's current Enterprise Value is $47.64 Mil.
Hennessy Advisors's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.42 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 (HNNA) has a EV-to-FCF of 4.57 as of Jul. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hennessy Advisors and its competitors. This is 17% below median its historical median of 5.50. Over the past decade, Hennessy Advisors' EV-to-FCF has ranged from 2.98 to 12.54. According to the industry distribution chart, Hennessy Advisors ranks #145 out of 936 companies in the Asset Management industry, placing it in the top 15.5%.
Is Hennessy Advisors' EV-to-FCF too high?
Hennessy Advisors' current EV-to-FCF of 4.57 is 17% below median its 10-year median of 5.50. Over the past 10 years, this metric has ranged from a low of 2.98 to a high of 12.54. The Asset Management industry median EV-to-FCF is 14.52. Hennessy Advisors' value of 4.57 is 68.5% below this industry median. Based on the distribution chart, Hennessy Advisors ranks #145 out of 936 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Hennessy Advisors has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hennessy Advisors' EV-to-FCF compare to DFDV and DTF?
According to the Asset Management industry distribution chart, Hennessy Advisors ranks #145 out of 936 companies for EV-to-FCF. This places Hennessy Advisors in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 14.52. Hennessy Advisors' value of 4.57 is 68.5% below this benchmark. Historically, Hennessy Advisors' own EV-to-FCF has ranged from 2.98 to 12.54 over the past decade. While the company's 10-year median is 5.50 vs. the industry median of 14.52, Hennessy Advisors has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.52, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hennessy Advisors's current EV-to-FCF of 4.57 is 68.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hennessy Advisors and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hennessy Advisors's current EV-to-FCF is 4.57, which is 17% below median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hennessy Advisors stock overvalued right now?
Based on GuruFocus' analysis, Hennessy Advisors (HNNA) is currently considered Fairly Valued. The stock's GF Value™ is $9.54, compared to a current price of $10.15 — trading 6.4% above its estimated fair value. The current EV-to-FCF is 4.57, which is 17% below median its 10-year median of 5.50 and 68.5% below the Asset Management industry median of 14.52. Hennessy Advisors' overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Hennessy Advisors (HNNA), the current EV-to-FCF is 4.57 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hennessy Advisors (HNNA) Overvalued in 2026?
Based on GuruFocus' analysis, Hennessy Advisors stock appears to be overvalued.
The current stock price of $10.15 is trading 6.4% above its estimated GF Value™ of $9.54.
GuruFocus considers Hennessy Advisors to be Fairly Valued.
Key valuation signals for HNNA:
EV-to-FCF: 4.57 (17% below median its 10-year median of 5.50)
GF Value™: $9.54 vs. price of $10.15 (6.4% above fair value)
Industry Position: 68.5% below the Asset Management median (#145 of 936)
No single metric tells the full story. See the HNNA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hennessy Advisors Inc is an investment management company that manages and markets open-end mutual funds branded as the Hennessy Funds. It offers domestic equity, multi-asset sectors, specialty products, and fixed income products. The company earns revenues mainly from investment advisory services and secondarily from shareholder services. Advisory services include managing each fund's portfolio in line with its investment objectives, monitoring compliance and performance, overseeing sub-advisors and other service providers, and handling marketing, distribution, and regulatory reporting. Shareholder services cover investor support and coordination with the fund service provider, with all related fees based on the funds' average daily net asset values.
64GF Score
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