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HRZN$4.54+3.30%
Fair $4.54+0.0%

HRZN

Horizon Technology Finance Corporation

Financial Services / Asset ManagementNasdaqGS

$4.54

+0.14 (+3.30%)

Fairly Valued+0.0%Fair Value $4.54Fund rank 21/100 · Data gapFallback financials|
SA 21/D
F-Score: 5/9
Low Profitability

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 0.0/100

Data gap 21/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 15/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

21/100

D

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 6Warnings: 1unknown: 6
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); financial Book/ROE targets are disabled until manually verified. ROE is -0.8%, below the 5% threshold
Thesis & Journal · HRZNLocal privado en este navegador · Horizon Technology Finance Corporation
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$310M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-0.8%

↓

Gross Margin

N/A

•

Debt/Equity

1.49

↑
52-Week Range$5
$4$8

TradingView lightweight chart

HRZN price, volumen y niveles de valoración

Último $4.535Periodo -70.9%
Fair value: $4.535

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2020–2025 · 5 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

—

FCF margin

784.6%

FCF / Net income

-21.28x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $7.2M · net income $-2.7M · FCF $56.6M

2020-FY → 2025-FY

Gross margin

—— pts

Operating margin

—— pts

Net margin

-36.9%— pts

FCF margin

784.6%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
Income Statement
Revenue$7.2M$7.2M$1.7M$-9.9M$26.6M——
Net Income$-2.7M$-2.7M$-5.6M$-17.2M$21.2M$27.8M$6.4M
EPS-0.06-0.06-0.16-0.560.861.411.18
Net Margin-36.9%-36.9%-333.9%174.1%79.4%——
Balance Sheet
Debt/Equity1.491.491.391.431.36——
Current Ratio4.704.70—————
Cash Flow
Free Cash Flow$56.6M$56.6M$3.9M$-5.3M$-246.3M——
Returns
ROE-0.8%-0.8%-1.7%-5.3%6.6%——
Valuation
P/E————13.93——
P/B0.600.600.991.300.93——
Growth & Yield
Revenue Growth327.9%327.9%117.1%-137.1%———
EPS Growth62.5%62.5%71.4%-165.1%—19.5%—
Dividend Yield16.4%16.4%—————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -23.7%

Total return

-23.7%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.16 → -0.06

Residual

-40.1%

EPS growthn/d
Multiple reratingn/d
Dividend+16.4%
Residual / FX / buybacks / cross-term-40.1%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.