Hennessy Advisors, Inc. (Nasdaq:HNNA) is a publicly traded investment management firm that provides investment advisory services to a broad range of funds, including ETFS, traditional equity, specialty category, and sector funds, as well as more conservative multi-asset products, and institutional clients. Its unique approach is to acquire investment management companies that offer specific expertise and then cross-sell the products to a larger client base. Currently, it has close to USD 3 billion in assets under management.
Comps: U.S. Global Investors, Inc. (Nasdaq:GROW), Great Elm Capital Corp. (Nasdaq:GECC)
Relative to other asset management firms, Hennessy Advisors stands out with strong fundamentals across key metrics. Its earnings per share and price-to-earnings ratio are more favorable than those of its competitors, along with its profit margin, return-on-equity, revenue, and net income. Furthermore, the company offers a 7% yield in addition to its strong fundamentals, providing a compelling value proposition for potential investors.