stockrowHorizon Technology Finance Corporation (HRZN) vs PennantPark Investment Corporation (PNNT)
- Horizon Technology Finance Corporation HRZN 4.01 +1.26%
- PennantPark Investment Corporation PNNT 3.41 +4.60%
Horizon Technology Finance Corporation and PennantPark Investment Corporation are both Asset Management companies. Horizon Technology Finance Corporation is the larger, with a market value of $265.5M against $212.9M — 1.2× the size. Horizon Technology Finance Corporation has negative trailing earnings, so its P/E is not meaningful; PennantPark Investment Corporation trades at 20.9×. Horizon Technology Finance Corporation grew revenue faster over the last twelve months: −1.07% against −19.9%. PennantPark Investment Corporation has the higher net margin (9.66% vs 0.00%) and the higher return on invested capital (2.65% vs 0.00%). Both pay a dividend; Horizon Technology Finance Corporation yields more (18.8% vs 12.3%). Across the 19 metrics below, PennantPark Investment Corporation leads on 11 and Horizon Technology Finance Corporation on 8.
Valuation
Profitability
| Metric | HRZN | PNNT | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 80.01% | 100.00% |
| Operating margin | 94.88% | 74.72% | 27.27% |
| Net margin | 0.00% | 9.66% | 11.89% |
| Free cash flow margin | 0.00% | 107.91% | 5.96% |
| Return on equity | (15.90%) | 2.23% | 4.57% |
| Return on assets | (7.01%) | 0.81% | 1.40% |
| Return on invested capital | 0.00% | 2.65% | 2.12% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack