WhiteHorse Finance, Inc. 7.875% Notes due 2028
WhiteHorse Finance, Inc. 7.875% Notes due 2028 Fundamental Analysis
WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) shows weak financial fundamentals with a PE ratio of 15.04, profit margin of 19.17%, and ROE of 3.56%. The company generates $0.1B in annual revenue with weak year-over-year growth of -83.44%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of -43.9/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze WHFCL's fundamental strength across five key dimensions:
Efficiency Score
WeakWHFCL struggles to generate sufficient returns from assets.
Valuation Score
ExcellentWHFCL trades at attractive valuation levels.
Growth Score
WeakWHFCL faces weak or negative growth trends.
Financial Health Score
ModerateWHFCL shows balanced financial health with some risks.
Profitability Score
ModerateWHFCL maintains healthy but balanced margins.
Key Financial Metrics
Is WHFCL Expensive or Cheap?
P/E Ratio
WHFCL trades at 15.04 times earnings. This indicates a fair valuation.
PEG Ratio
When adjusting for growth, WHFCL's PEG of 0.15 indicates potential undervaluation.
Price to Book
The market values WhiteHorse Finance, Inc. 7.875% Notes due 2028 at 0.56 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at -8.00 times EBITDA. This is generally considered low.
How Well Does WHFCL Make Money?
Net Profit Margin
For every $100 in sales, WhiteHorse Finance, Inc. 7.875% Notes due 2028 keeps $19.17 as profit after all expenses.
Operating Margin
Core operations generate 44.82 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $3.56 in profit for every $100 of shareholder equity.
ROA
WhiteHorse Finance, Inc. 7.875% Notes due 2028 generates $1.57 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
WhiteHorse Finance, Inc. 7.875% Notes due 2028 generates strong operating cash flow of $92.32M, reflecting robust business health.
Free Cash Flow
WhiteHorse Finance, Inc. 7.875% Notes due 2028 generates strong free cash flow of $92.32M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $3.97 in free cash annually.
FCF Yield
WHFCL converts 62.45% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
15.04
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.15
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.56
vs 25 benchmark
P/S Ratio
Price to sales ratio
2.88
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
1.22
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.56
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.04
vs 25 benchmark
ROA
Return on assets percentage
0.02
vs 25 benchmark
ROCE
Return on capital employed
0.04
vs 25 benchmark
How WHFCL Stacks Against Its Sector Peers
| Metric | WHFCL Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 15.04 | 18.86 | Better (Cheaper) |
| ROE | 3.56% | 847.00% | Weak |
| Net Margin | 19.17% | 4202.00% | Weak |
| Debt/Equity | 1.22 | 0.91 | Weak (High Leverage) |
| Current Ratio | 1.56 | 667.17 | Neutral |
| ROA | 1.57% | -21543.00% (disorted) | Weak |
WHFCL outperforms its industry in 1 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews WhiteHorse Finance, Inc. 7.875% Notes due 2028's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
-55.87%
Industry Style: Value, Dividend, Cyclical
DecliningEPS CAGR
-68.90%
Industry Style: Value, Dividend, Cyclical
DecliningFCF CAGR
173.30%
Industry Style: Value, Dividend, Cyclical
High Growth