6.709 USD
+0.01 (+0.13%)
HRZN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 238 industry peers in the Capital Markets industry. Both the profitability and financial health of HRZN have multiple concerns. HRZN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year HRZN was profitable.
- In the past year HRZN had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: HRZN reported negative net income in multiple years.
- In the past 5 years HRZN reported 4 times negative operating cash flow.
1.2 Ratios
- HRZN's Return On Assets of -3.15% is on the low side compared to the rest of the industry. HRZN is outperformed by 80.25% of its industry peers.
- With a Return On Equity value of -7.58%, HRZN is not doing good in the industry: 75.21% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.15% | ||
| ROE | -7.58% | ||
| ROIC | N/A |
ROA(3y)-0.02%
ROA(5y)1.38%
ROE(3y)-0.11%
ROE(5y)2.8%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- HRZN does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- Compared to 1 year ago, HRZN has more shares outstanding
- HRZN has more shares outstanding than it did 5 years ago.
- HRZN has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of -0.06, we must say that HRZN is in the distress zone and has some risk of bankruptcy.
- HRZN's Altman-Z score of -0.06 is on the low side compared to the rest of the industry. HRZN is outperformed by 76.47% of its industry peers.
- HRZN has a debt to FCF ratio of 6.96. This is a slightly negative value and a sign of low solvency as HRZN would need 6.96 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 6.96, HRZN is doing good in the industry, outperforming 65.13% of the companies in the same industry.
- HRZN has a Debt/Equity ratio of 0.99. This is a neutral value indicating HRZN is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.99, HRZN is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 6.96 | ||
| Altman-Z | -0.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- HRZN has a Current Ratio of 1.10. This is a normal value and indicates that HRZN is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of HRZN (1.10) is comparable to the rest of the industry.
- HRZN has a Quick Ratio of 1.10. This is a normal value and indicates that HRZN is financially healthy and should not expect problems in meeting its short term obligations.
- HRZN has a Quick ratio (1.10) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
- HRZN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.17%.
- Measured over the past years, HRZN shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.38% on average per year.
- HRZN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -37.23%.
- The Revenue has been growing slightly by 1.98% on average over the past years.
EPS 1Y (TTM)-25.17%
EPS 3Y-1.7%
EPS 5Y-2.38%
EPS Q2Q%-3.13%
Revenue 1Y (TTM)-37.23%
Revenue growth 3Y-8.13%
Revenue growth 5Y1.98%
Sales Q2Q%7.14%
3.2 Future
- HRZN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -9.08% yearly.
- Based on estimates for the next years, HRZN will show a quite strong growth in Revenue. The Revenue will grow by 12.29% on average per year.
EPS Next Y-11.8%
EPS Next 2Y-10.4%
EPS Next 3Y-9.08%
EPS Next 5YN/A
Revenue Next Year-1.11%
Revenue Next 2Y4.41%
Revenue Next 3Y12.29%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 5.94, which indicates a rather cheap valuation of HRZN.
- Based on the Price/Earnings ratio, HRZN is valued cheaper than 86.13% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.32. HRZN is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 6.28, the valuation of HRZN can be described as very cheap.
- HRZN's Price/Forward Earnings ratio is rather cheap when compared to the industry. HRZN is cheaper than 93.28% of the companies in the same industry.
- HRZN is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.94 | ||
| Fwd PE | 6.28 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, HRZN is valued cheaper than 86.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.89 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- HRZN's earnings are expected to decrease with -9.08% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.4%
EPS Next 3Y-9.08%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 11.74%, HRZN is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 6.12, HRZN pays a bit more dividend than its industry peers.
- HRZN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.74% |
5.2 History
- The dividend of HRZN has a limited annual growth rate of 1.93%.
- HRZN has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)1.93%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- HRZN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-213.78%
EPS Next 2Y-10.4%
EPS Next 3Y-9.08%
NASDAQ:HRZN (1/22/2026, 9:32:04 AM)
6.709
+0.01 (+0.13%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)10-28 2025-10-28/amc
Earnings (Next)03-02 2026-03-02/amc
Inst Owners8.24%
Inst Owner Change2.33%
Ins Owners1.18%
Ins Owner Change0%
Market Cap297.75M
Revenue(TTM)30.43M
Net Income(TTM)-23.92M
Analysts50.91
Price Target6.97 (3.89%)
Short Float %6.67%
Short Ratio4.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.74% |
Yearly Dividend1.27
Dividend Growth(5Y)1.93%
DP-213.78%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-17 2026-02-17 (0.11)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.27%
Min EPS beat(2)-1.3%
Max EPS beat(2)9.85%
EPS beat(4)1
Avg EPS beat(4)-6.77%
Min EPS beat(4)-18.73%
Max EPS beat(4)9.85%
EPS beat(8)1
Avg EPS beat(8)-5.35%
EPS beat(12)5
Avg EPS beat(12)2.2%
EPS beat(16)8
Avg EPS beat(16)2.59%
Revenue beat(2)1
Avg Revenue beat(2)2.61%
Min Revenue beat(2)-2.03%
Max Revenue beat(2)7.24%
Revenue beat(4)1
Avg Revenue beat(4)-3.6%
Min Revenue beat(4)-10.13%
Max Revenue beat(4)7.24%
Revenue beat(8)1
Avg Revenue beat(8)-3.12%
Revenue beat(12)4
Avg Revenue beat(12)-3.59%
Revenue beat(16)5
Avg Revenue beat(16)-6.35%
PT rev (1m)0%
PT rev (3m)1.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.06%
EPS NY rev (1m)0%
EPS NY rev (3m)4.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.94 | ||
| Fwd PE | 6.28 | ||
| P/S | 9.79 | ||
| P/FCF | 4.89 | ||
| P/OCF | 4.89 | ||
| P/B | 0.94 | ||
| P/tB | 0.94 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.13
EY16.84%
EPS(NY)1.07
Fwd EY15.92%
FCF(TTM)1.37
FCFY20.46%
OCF(TTM)1.37
OCFY20.46%
SpS0.69
BVpS7.11
TBVpS7.11
PEG (NY)N/A
PEG (5Y)N/A
Graham Number13.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.15% | ||
| ROE | -7.58% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 200.22% |
ROA(3y)-0.02%
ROA(5y)1.38%
ROE(3y)-0.11%
ROE(5y)2.8%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 6.96 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | -0.06 |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-25.17%
EPS 3Y-1.7%
EPS 5Y-2.38%
EPS Q2Q%-3.13%
EPS Next Y-11.8%
EPS Next 2Y-10.4%
EPS Next 3Y-9.08%
EPS Next 5YN/A
Revenue 1Y (TTM)-37.23%
Revenue growth 3Y-8.13%
Revenue growth 5Y1.98%
Sales Q2Q%7.14%
Revenue Next Year-1.11%
Revenue Next 2Y4.41%
Revenue Next 3Y12.29%
Revenue Next 5YN/A
EBIT growth 1Y-1132.33%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y159.78%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y159.78%
OCF growth 3YN/A
OCF growth 5YN/A
HORIZON TECHNOLOGY FINANCE C / HRZN FAQ
What is the fundamental rating for HRZN stock?
ChartMill assigns a fundamental rating of 3 / 10 to HRZN.
What is the valuation status for HRZN stock?
ChartMill assigns a valuation rating of 6 / 10 to HORIZON TECHNOLOGY FINANCE C (HRZN). This can be considered as Fairly Valued.
Can you provide the profitability details for HORIZON TECHNOLOGY FINANCE C?
HORIZON TECHNOLOGY FINANCE C (HRZN) has a profitability rating of 1 / 10.
What is the valuation of HORIZON TECHNOLOGY FINANCE C based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HORIZON TECHNOLOGY FINANCE C (HRZN) is 5.94 and the Price/Book (PB) ratio is 0.94.
Can you provide the dividend sustainability for HRZN stock?
The dividend rating of HORIZON TECHNOLOGY FINANCE C (HRZN) is 5 / 10 and the dividend payout ratio is -213.78%.