Horizon Technology Finance Corporation (HRZN) vs Palmer Square Capital BDC Inc. (PSBD)
Horizon Technology Finance Corporation and Palmer Square Capital BDC Inc. are both Asset Management companies. Horizon Technology Finance Corporation and Palmer Square Capital BDC Inc. are of similar size ($315.1M and $309.0M). Palmer Square 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 −14.9%. Horizon Technology Finance Corporation has the higher net margin (5.27% vs −26.7%) and the higher return on invested capital (16.6% vs 0.00%). Across the 18 metrics below, Horizon Technology Finance Corporation leads on 10 and Palmer Square Capital BDC Inc. on 8.
Valuation
Profitability
| Metric | HRZN | PSBD | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 94.88% | 83.05% | 33.03% |
| Net margin | 5.27% | (26.72%) | 13.53% |
| Free cash flow margin | 105.73% | 107.44% | 12.44% |
| Return on equity | 1.45% | (6.75%) | 4.83% |
| Return on assets | 0.65% | (2.51%) | 1.57% |
| Return on invested capital | 16.64% | 0.00% | 3.04% |
Growth
Health
Dividend
Size
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