Stock fact sheet · data as of
Hennessy Japan Small Cap Fund Investor Class (HJPSX): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · High Yield Income
Is HJPSX undervalued?
Hennessy Japan Small Cap Fund Investor Class (HJPSX) closed at 23.17 on 16 Oct 2026. The GLS average fair value - the simple average of the 3 valuation models that produced a positive number - is 3,609.65, which puts the price 99% below it. 3 of the 3 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
The average is built from just 3 models (DCF, 10 Cap, DDM) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files HJPSX under High Yield Income: a dividend yield above 4%.
Nine valuation models for HJPSX
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 55.88 | +141% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 10,739.30 | +46250% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 33.76 | +46% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -3,094.71 | -13457% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Hennessy Japan Small Cap Fund Investor Class scores 7 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. On durability HJPSX scores 5.6/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are thin or negative - ROIC 3.0%, ROE 8.1%, ROA 1.7% - with debt at 1.65 times equity and a free-cash-flow yield of 2174.2%.
The dividend yield is high at 11.13% (payout ratio 44%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 3.0% |
|---|---|---|---|
| GLS Moat | 5.6 / 10 | ROE | 8.1% |
| Debt / equity | 1.65 | ROA | 1.7% |
| Free-cash-flow yield | 2174.2% | Payout ratio | 44% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
No options are listed on Hennessy Japan Small Cap Fund Investor Class in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at - a day on a market cap of $145M, with a beta of 0.85; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 99% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 8 / 15 | moat 5.6/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 0k shares/day, $145M cap, beta 0.85 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for HJPSX in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management
The 12 companies below are the closest to Hennessy Japan Small Cap Fund Investor Class by market cap within the Asset Management industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| GRX The Gabelli Healthcare & Wellness Trust | 9.91 | 10.79 | +8% | 38No options | $144M |
| PNI PIMCO New York Municipal Income Fund | 6.10 | 16.19 | +62% | 39No options | $146M |
| ADJEX Azzad Ethical Fund | 17.75 | 0.0058 | -308338% | 20No options | $143M |
| EDF Virtus Stone Harbor Emerging Markets Income Fund | 4.46 | 23.36 | +81% | 39No options | $143M |
| TRNZ Trinity Capital, Inc. 7.875 % Notes 2024-30.03.2029 | 25.06 | 25.81 | +3% | 20No options | $143M |
| NNY Nuveen New York Municipal Value Fund | 7.79 | 2.73 | -185% | 23No options | $147M |
| SPMC Sound Point Meridian Capital Inc | 7.14 | 37.96 | +81% | 37No options | $147M |
| MHF Western Asset Municipal High Income Fund | 6.36 | 7.96 | +20% | 38No options | $141M |
| OXSQH Oxford Square Capital Corp. | 24.81 | 6.18 | -301% | 6No options | $141M |
| POWR iShares U.S. Power Infrastructure ETF | 25.10 | 8.07 | -211% | 37Weak | $149M |
| GLQ Clough Global Equity Fund | 7.48 | 82.00 | +91% | 39No options | $140M |
| CILGX CLARKSTON FUND, INSTITUTIONAL CLASS | 16.48 | 4.85 | -239% | 20No options | $151M |
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Start free See the Sunday ScanQuestions about HJPSX
Is HJPSX undervalued right now?
By the GLS models, yes: at 23.17 the stock is 99% below the average fair value of 3,609.65 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of HJPSX and what does it mean?
HJPSX has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for HJPSX?
3,609.65 per share as of 16 Oct 2026 - the simple average of the 3 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Hennessy Japan Small Cap Fund Investor Class report earnings next?
No upcoming earnings date is recorded for HJPSX in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does HJPSX have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on HJPSX, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.