Saratoga Investment Corp (SAR) vs WhiteHorse Finance, Inc. (WHF)
- Saratoga Investment Corp SAR 12.95 +0.39%
- WhiteHorse Finance, Inc. WHF 8.45 +2.55%
Saratoga Investment Corp and WhiteHorse Finance, Inc. are both Asset Management companies. Saratoga Investment Corp is the larger, with a market value of $200.7M against $177.0M — 1.1× the size. Saratoga Investment Corp has negative trailing earnings, so its P/E is not meaningful; WhiteHorse Finance, Inc. trades at 10.4×. Saratoga Investment Corp grew revenue faster over the last twelve months: −4.15% against −19.9%. WhiteHorse Finance, Inc. has the higher net margin (26.9% vs −3.35%) and the lower return on invested capital (2.67% vs 6.21%). Both pay a dividend; Saratoga Investment Corp yields more (23.2% vs 12.1%). Across the 18 metrics below, Saratoga Investment Corp leads on 10 and WhiteHorse Finance, Inc. on 8.
Valuation
Profitability
| Metric | SAR | WHF | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 67.89% | 67.65% | 27.27% |
| Net margin | (3.35%) | 26.88% | 11.89% |
| Free cash flow margin | (124.08%) | 119.28% | 5.96% |
| Return on equity | (1.09%) | 6.65% | 4.57% |
| Return on assets | (0.34%) | 2.75% | 1.40% |
| Return on invested capital | 6.21% | 2.67% | 2.12% |
Growth
Health
Dividend
Size
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