Crescent Capital BDC, Inc. (CCAP) vs Horizon Technology Finance Corporation (HRZN)
Crescent Capital BDC, Inc. and Horizon Technology Finance Corporation are both Asset Management companies. Crescent Capital BDC, Inc. is the larger, with a market value of $353.0M against $309.0M — 1.1× the size. Crescent Capital BDC, Inc. has negative trailing earnings, so its P/E is not meaningful; Horizon Technology Finance Corporation trades at 11.6×. Horizon Technology Finance Corporation grew revenue faster over the last twelve months: −1.07% against −14.6%. Horizon Technology Finance Corporation has the higher net margin (5.27% vs −2.03%) and the higher return on invested capital (16.6% vs 2.58%). Both pay a dividend; Crescent Capital BDC, Inc. yields more (10.9% vs 10.1%). Across the 22 metrics below, Horizon Technology Finance Corporation leads on 17 and Crescent Capital BDC, Inc. on 5.
Valuation
Profitability
| Metric | CCAP | HRZN | Asset Management median |
|---|---|---|---|
| Gross margin | 64.03% | 100.00% | 100.00% |
| Operating margin | 40.82% | 94.88% | 33.03% |
| Net margin | (2.03%) | 5.27% | 13.53% |
| Free cash flow margin | 25.23% | 105.73% | 12.44% |
| Return on equity | (0.46%) | 1.45% | 4.83% |
| Return on assets | (0.19%) | 0.65% | 1.57% |
| Return on invested capital | 2.58% | 16.64% | 3.04% |
Growth
Health
Dividend
Size
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