WhiteHorse Finance Inc
NASDAQ:WHF
Intrinsic Value
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 Compa... [ Read More ]
The intrinsic value of one WHF stock under the Base Case scenario is 22.49 USD. Compared to the current market price of 12.91 USD, WhiteHorse Finance Inc is Undervalued by 43%.
Valuation Backtest
WhiteHorse Finance Inc
Run backtest to discover the historical profit from buying and selling WHF stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
WhiteHorse Finance Inc
Current Assets | 20.8m |
Cash & Short-Term Investments | 10.7m |
Receivables | 8.9m |
Other Current Assets | 1.2m |
Non-Current Assets | 709.9m |
Long-Term Investments | 696.2m |
Other Non-Current Assets | 13.7m |
Current Liabilities | 27.2m |
Accounts Payable | 2.1m |
Accrued Liabilities | 2.1m |
Other Current Liabilities | 23m |
Non-Current Liabilities | 386.8m |
Long-Term Debt | 386.4m |
Other Non-Current Liabilities | 359k |
Earnings Waterfall
WhiteHorse Finance Inc
Revenue
|
103.3m
USD
|
Cost of Revenue
|
-55.3m
USD
|
Gross Profit
|
48m
USD
|
Operating Expenses
|
-5.3m
USD
|
Operating Income
|
42.7m
USD
|
Other Expenses
|
-22.3m
USD
|
Net Income
|
20.4m
USD
|
Free Cash Flow Analysis
WhiteHorse Finance Inc
WHF Profitability Score
Profitability Due Diligence
WhiteHorse Finance Inc's profitability score is 52/100. The higher the profitability score, the more profitable the company is.
Score
WhiteHorse Finance Inc's profitability score is 52/100. The higher the profitability score, the more profitable the company is.
WHF Solvency Score
Solvency Due Diligence
WhiteHorse Finance Inc's solvency score is 25/100. The higher the solvency score, the more solvent the company is.
Score
WhiteHorse Finance Inc's solvency score is 25/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
WHF Price Targets Summary
WhiteHorse Finance Inc
According to Wall Street analysts, the average 1-year price target for WHF is 13.46 USD with a low forecast of 13.13 USD and a high forecast of 14.7 USD.
Ownership
WHF Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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6 Months |
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9 Months |
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12 Months |
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Shareholder Return
WHF Price
WhiteHorse Finance Inc
Average Annual Return | 9.39% |
Standard Deviation of Annual Returns | 14.25% |
Max Drawdown | -58% |
Market Capitalization | 300.1m USD |
Shares Outstanding | 23 243 100 |
Percentage of Shares Shorted | 0.73% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
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.
Contact
IPO
Employees
Officers
The intrinsic value of one WHF stock under the Base Case scenario is 22.49 USD.
Compared to the current market price of 12.91 USD, WhiteHorse Finance Inc is Undervalued by 43%.