Horizon Technology Finance Corporation (HRZN) vs Saratoga Investment Corp (SAR)
- Horizon Technology Finance Corporation HRZN 4.29 −6.54%
- Saratoga Investment Corp SAR 15.32 +0.66%
Horizon Technology Finance Corporation and Saratoga Investment Corp are both Asset Management companies. Horizon Technology Finance Corporation is the larger, with a market value of $307.7M against $236.8M — 1.3× the size. Saratoga Investment Corp 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 −4.15%. Horizon Technology Finance Corporation has the higher net margin (5.27% vs −3.35%) and the higher return on invested capital (16.6% vs 6.21%). Both pay a dividend; Saratoga Investment Corp yields more (22.9% vs 17.3%). Across the 18 metrics below, Horizon Technology Finance Corporation leads on 14 and Saratoga Investment Corp on 4.
Valuation
Profitability
| Metric | HRZN | SAR | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 94.88% | 67.89% | 33.42% |
| Net margin | 5.27% | (3.35%) | 13.37% |
| Free cash flow margin | 105.73% | (124.08%) | 12.36% |
| Return on equity | 1.45% | (1.09%) | 4.79% |
| Return on assets | 0.65% | (0.34%) | 1.55% |
| Return on invested capital | 16.64% | 6.21% | 2.97% |
Growth
Health
Dividend
Size
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