Hennessy Advisors Inc. 4.875% Notes due 2026 (HNNAZ)

Key Financials

AI Analysis

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

As a Graham-and-Buffett-style investor, I start with what is knowable. What I have here is not an operating-company income statement but a note: Hennessy Advisors Inc. 4.875% Notes due 2026, quoted at $24.90 at the close on 2026-06-29. The 52-week range is $24.51 to $26.48, so the price sits near the lower end of that band. That tells me something about recent market pricing, but not enough about value. For a note, the critical questions are issuer creditworthiness, coupon coverage, covenants, maturity date, and yield to maturity. None of those are supplied. Revenue, net income, EPS, ROE, ROCE, D/E, growth, beta, market cap, P/E, P/B, and FairStock score are all N/A. The Lynch category is none because there are only 0 years of filed results, while the rule requires 3. I cannot infer a moat or financial strength from a coupon and a price range. A 4.875% stated coupon and a 2026 maturity are useful contract terms, but they do not by themselves create a margin of safety. The price being near the 52-week low could mean better relative value than at $26.48, or it could reflect credit or liquidity concerns; the data do not let me distinguish. So my conclusion is disciplined: the note is a defined-income instrument with a visible quote, but the available figures are insufficient to judge business quality, competitive advantage, financial health, or valuation. I would need filed issuer financials and note terms before forming a Graham-style view.

In plain English: This is a bond-like investment from Hennessy Advisors that pays 4.875% interest and comes due in 2026. The data here do not show company revenue, profit, or debt figures, so the issuer's strength cannot be judged from the supplied numbers. The quoted price is $24.90, near the low end of its one-year range of $24.51 to $26.48, but without more information the price cannot be called cheap, fair, or expensive.

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

Data as of 2026-06-29 close · note generated 2026-10-20 · model deepseek-flash

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