Horizon Technology Finance Corporation (HRZN) vs Saratoga Investment Corp (SAR)
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 $309.0M against $278.7M — 1.1× the size. Horizon Technology Finance Corporation trades at the lower P/E: 11.6× against 17.1×. Horizon Technology Finance Corporation grew revenue faster over the last twelve months: −1.07% against −12.9%. Saratoga Investment Corp has the higher net margin (12.7% vs 5.27%) and the lower return on invested capital (5.52% vs 16.6%). Both pay a dividend; Saratoga Investment Corp yields more (12.3% vs 10.1%). Across the 21 metrics below, Horizon Technology Finance Corporation leads on 15 and Saratoga Investment Corp on 6.
Valuation
Profitability
| Metric | HRZN | SAR | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 94.88% | 68.26% | 33.03% |
| Net margin | 5.27% | 12.70% | 13.53% |
| Free cash flow margin | 105.73% | (117.81%) | 12.44% |
| Return on equity | 1.45% | 4.07% | 4.83% |
| Return on assets | 0.65% | 1.31% | 1.57% |
| Return on invested capital | 16.64% | 5.52% | 3.04% |
Growth
Health
Dividend
Size
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