Horizon Technology Finance Corporation (HRZN) vs Palmer Square Capital BDC Inc. (PSBD)
- Horizon Technology Finance Corporation HRZN 4.29 −6.54%
- Palmer Square Capital BDC Inc. PSBD 9.57 −1.95%
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 ($307.7M and $299.2M). Palmer Square Capital BDC Inc. has negative trailing earnings, so its P/E is not meaningful; Horizon Technology Finance Corporation trades at 10.7×. 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%). Both pay a dividend; Horizon Technology Finance Corporation yields more (17.3% vs 11.3%). Across the 18 metrics below, Horizon Technology Finance Corporation leads on 11 and Palmer Square Capital BDC Inc. on 7.
Valuation
Profitability
| Metric | HRZN | PSBD | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 94.88% | 83.05% | 33.42% |
| Net margin | 5.27% | (26.72%) | 13.37% |
| Free cash flow margin | 105.73% | 107.44% | 12.36% |
| Return on equity | 1.45% | (6.75%) | 4.79% |
| Return on assets | 0.65% | (2.51%) | 1.55% |
| Return on invested capital | 16.64% | 0.00% | 2.97% |
Growth
Health
Dividend
Size
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