NasdaqCM:HCAC

Stock Analysis Report

Executive Summary

Hennessy Capital Acquisition Corp. IV intends on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Risks

  • Hennessy Capital Acquisition IV's last earnings update was 217 days ago.
  • Hennessy Capital Acquisition IV is not covered by any analysts.

Share Price & News

How has Hennessy Capital Acquisition IV's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.1%

NasdaqCM:HCAC

1.8%

US Capital Markets

1.3%

US Market


1 Year Return

n/a

NasdaqCM:HCAC

-1.0%

US Capital Markets

2.0%

US Market

No trading data on HCAC.

No trading data on HCAC.


Share holder returns

HCACIndustryMarket
7 Day0.1%1.8%1.3%
30 Day0.3%5.8%3.9%
90 Day0.9%6.2%3.4%
1 Yearn/a1.2%-1.0%4.2%2.0%
3 Yearn/a58.2%49.2%47.2%37.6%
5 Yearn/a73.5%57.7%60.5%42.9%

Price Volatility Vs. Market

How volatile is Hennessy Capital Acquisition IV's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Hennessy Capital Acquisition IV undervalued based on future cash flows and its price relative to the stock market?

2986.28x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Hennessy Capital Acquisition IV to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Hennessy Capital Acquisition IV to establish if it is available at substantial discount.


Price Based on Earnings

Unable to compare the PE ratio to the industry average as no data exists.

Unable to calculate PE ratio for Hennessy Capital Acquisition IV, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Hennessy Capital Acquisition IV, we can't assess if its growth is good value.


Price Based on Value of Assets

Hennessy Capital Acquisition IV is overvalued based on assets compared to the US Capital Markets industry average.


Next Steps

Future Growth

How is Hennessy Capital Acquisition IV expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.6%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hennessy Capital Acquisition IV has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Hennessy Capital Acquisition IV performed over the past 5 years?

0.2%

Historical Diversified Financials annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Hennessy Capital Acquisition IV does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare Hennessy Capital Acquisition IV's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Hennessy Capital Acquisition IV's 1-year growth to the US Capital Markets industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Hennessy Capital Acquisition IV has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Hennessy Capital Acquisition IV has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Hennessy Capital Acquisition IV improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Hennessy Capital Acquisition IV's financial position?


Financial Position Analysis

Hennessy Capital Acquisition IV's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Hennessy Capital Acquisition IV has no long term commitments.


Debt to Equity History and Analysis

Hennessy Capital Acquisition IV's level of debt (409.1%) compared to net worth is high (greater than 40%).

Unable to establish if Hennessy Capital Acquisition IV's debt level has increased without past 5-year debt data.


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.1x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Information is not available.

Unable to confirm if Hennessy Capital Acquisition IV has at least 1 year of cash runway based on growing free cash flows without relevant data.


Next Steps

Dividend

What is Hennessy Capital Acquisition IV's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Hennessy Capital Acquisition IV's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Hennessy Capital Acquisition IV's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Hennessy Capital Acquisition IV has not reported any payouts.

Unable to verify if Hennessy Capital Acquisition IV's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Hennessy Capital Acquisition IV has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Hennessy Capital Acquisition IV's salary, the management and board of directors tenure and is there insider trading?

1.1yrs

Average management tenure


CEO

Dan Hennessy (62yo)

1.1yrs

Tenure

0

Mr. Daniel Joseph Hennessy, also known as Dan, has been Chairman and Chief Executive Officer of Hennessy Capital Acquisition Corp. III. since August 6, 2018. Mr. Hennessy is Chairman of the Board of Direct ...


Management Age and Tenure

1.1yrs

Average Tenure

42yo

Average Age

The average tenure for the Hennessy Capital Acquisition IV management team is less than 2 years, this suggests a new team.


Board Age and Tenure

0.6yrs

Average Tenure

61yo

Average Age

The average tenure for the Hennessy Capital Acquisition IV board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Dan Hennessy (62yo)

    Chairman & CEO

    • Tenure: 1.1yrs
  • Greg Ethridge (42yo)

    President

    • Tenure: 0.6yrs
  • Nicholas Petruska (32yo)

    Executive VP

    • Tenure: 1.1yrs

Board Members

  • Dan Hennessy (62yo)

    Chairman & CEO

    • Tenure: 1.1yrs
  • Richard Burns (66yo)

    Independent Director

    • Tenure: 0.6yrs
  • Jim O'Neil (60yo)

    Independent Director

    • Tenure: 0.6yrs
  • Brad Bell (66yo)

    Independent Director

    • Tenure: 0.6yrs
  • J.C. Mas (52yo)

    Independent Director

    • Tenure: 0.6yrs
  • Peter Shea (68yo)

    Independent Director

    • Tenure: 0.6yrs
  • Greg Ethridge (42yo)

    President

    • Tenure: 0.6yrs
  • Gretchen McClain (57yo)

    Independent Director

    • Tenure: 0.6yrs

Company Information

Hennessy Capital Acquisition Corp. IV's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hennessy Capital Acquisition Corp. IV
  • Ticker: HCAC
  • Exchange: NasdaqCM
  • Founded: 2018
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$375.563m
  • Shares outstanding: 37.52m
  • Website: https://null

Location

  • Hennessy Capital Acquisition Corp. IV
  • 3485 North Pines Way
  • Suite 110
  • Wilson
  • Wyoming
  • 83014
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HCAC.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDMar 2019
HCACNasdaqCM (Nasdaq Capital Market)YesClass A Common StockUSUSDApr 2019
HCAC.WNasdaqCM (Nasdaq Capital Market)WT EXP 090525USUSDApr 2019

Biography

Hennessy Capital Acquisition Corp. IV intends on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 00:32
End of Day Share Price2019/09/13 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.