WhiteHorse Finance Inc
NASDAQ:WHF

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WhiteHorse Finance Inc
NASDAQ:WHF
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Price: 7.59 USD 0.93% Market Closed
Market Cap: $168.7m

P/B

0.6
Current
15%
Cheaper
vs 3-y average of 0.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
$157.2m
/
Total Equity
$259.8m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
$157.2m
/
Total Equity
$259.8m

Valuation Scenarios

WhiteHorse Finance Inc is trading below its 3-year average

If P/B returns to its 3-Year Average (0.8), the stock would be worth $8.88 (17% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+287%
Average Upside
113%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.6 $7.59
0%
3-Year Average 0.8 $8.88
+17%
5-Year Average 0.7 $8.15
+7%
Industry Average 1.6 $18.34
+142%
Country Average 2.5 $29.37
+287%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 95% of companies in the United States of America
Percentile
5th
Based on 10 946 companies
5th percentile
0.6
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

WhiteHorse Finance Inc
Glance View

Market Cap
168.7m USD
Industry
Financial Services

WhiteHorse Finance, Inc. is an externally managed, non-diversified, closed-end management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. The company is headquartered in Miami, Florida. The company went IPO on 2012-12-05. The Company’s investment objective is to generate risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a range of industries, which typically carry a floating interest rate based on a risk-free index rate, such as London Interbank Offered Rate (LIBOR) and have a term of 3-6 years. The firm is principally focuses on originating senior secured loans to lower middle market companies, it may also opportunistically make investments at other levels of a company’s capital structure, including mezzanine loans or equity interests and may receive warrants to purchase common stock in connection with its debt investments. H.I.G. WhiteHorse Advisers, LLC and H.I.G. WhiteHorse Administration, LLC acts as the investment adviser and administrator of the Company.

WHF Intrinsic Value
15.85 USD
Undervaluation 52%
Intrinsic Value
Price $7.59
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