Hamilton Lane Incorporated Class A Common Stock (HLNE)

FairStock Score: 71/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the 2026-10-13 close of $82.92, Hamilton Lane is a $4.6B asset manager focused on private markets. The recent numbers are impressive. In fiscal Q1 2027, the quarter ended 2026-06-30, revenue was $275.3M and net income was $80.5M, up from revenue of $176.0M and net income of $53.7M in fiscal Q1 2026, the quarter ended 2025-06-30. For fiscal year 2026, ended 2026-03-31, revenue was $759.0M and net income was $249.2M, versus $713.0M and $217.4M in fiscal year 2025, ended 2025-03-31. That is a real growth trajectory. Financial health looks solid. FairStock calculations show ROE of 32.42%, ROCE of 10.78%, debt to equity of 0.22, trailing free cash flow of $366.8M, and an 8.0% FCF yield. The Altman Z-Score of 4.02 suggests low bankruptcy risk. The high returns hint at a decent franchise, though I would need more evidence to call it a wide moat. Valuation is mixed. FairStock’s P/E is 12.62, PEG is 0.25, EV/EBITDA is 8.47, and P/B is 3.78. Those look reasonable if growth persists. But the Graham Number is $50.16, so at $82.92 the price is 65.31% above that conservative asset-based estimate. Piotroski is 6/9, not flawless. The 52-week range of $71.88 to $155.66 shows the stock can swing. I would want growth and cash flow to stay strong before calling it a clear bargain.

In plain English: Hamilton Lane manages private investment funds and helps investors put money into private companies. The business looks strong: it is growing revenue and profit, earns high returns, and carries little debt. The share price is down from its 52-week high and, compared with the company's profits and cash flow, looks reasonably priced, though not a bargain by the most conservative asset test.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2027 10-Q (period ended 2026-06-30) · fiscal Q3 2026 10-Q (period ended 2025-12-31) · fiscal Q2 2026 10-Q (period ended 2025-09-30) · fiscal Q1 2026 10-Q (period ended 2025-06-30) · FY2026 10-K (period ended 2026-03-31) · FY2025 10-K (period ended 2025-03-31) · FY2024 10-K (period ended 2024-03-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer