H

Horizon Technology Finance Corp
NASDAQ:HRZN

Watchlist Manager
Horizon Technology Finance Corp
NASDAQ:HRZN
Watchlist
Price: 3.88 USD -3.72% Market Closed
Market Cap: $185.5m

P/B

0.6
Current
45%
Cheaper
vs 3-y average of 1

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
$192.5m
/
Total Equity
$318.5m

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
$192.5m
/
Total Equity
$318.5m

Valuation Scenarios

Horizon Technology Finance Corp is trading below its 3-year average

If P/B returns to its 3-Year Average (1), the stock would be worth $7.1 (83% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+352%
Average Upside
174%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.6 $3.88
0%
3-Year Average 1 $7.1
+83%
5-Year Average 1 $6.96
+79%
Industry Average 1.6 $10.96
+182%
Country Average 2.5 $17.55
+352%

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 96% of companies in the United States of America
Percentile
4th
Based on 10 946 companies
4th 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

Horizon Technology Finance Corp
Glance View

Market Cap
185.5m USD
Industry
Financial Services

Horizon Technology Finance Corp is a US-based company operating in Capital Markets industry. The company is headquartered in Farmington, Connecticut and currently employs 0 full-time employees. The company went IPO on 2010-10-29. Horizon Technology Finance Corporation is a non-diversified, closed-end management investment company. The firm lends to and invests in development-stage companies in the technology, life science, healthcare information and services and sustainability industries (target industries). The firm's investment objective is to maximize its investment portfolio’s total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. The company is focused on making secured debt investments to venture capital and private equity backed companies and publicly traded companies in its target industries. Its debt investment portfolio consists of approximately 45 debt investments. In addition to its debt investments, the Company holds warrants to purchase stock, predominantly preferred stock, in approximately 73 portfolio companies. Its investment adviser is Horizon Technology Finance Management LLC.

HRZN Intrinsic Value
9.65 USD
Undervaluation 60%
Intrinsic Value
Price $3.88
H
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett