WhiteHorse Finance, Inc. (WHF)

Price$7.59

Favorite Metrics

Price vs S&P 500 (26W)9.52%

Price vs S&P 500 (4W)-1.03%

Market Capitalization$170.09M

P/E Ratio (Annual)11.86x

Indicated Dividend Yield (Annual)13.07%

All Metrics

P/CF (Annual)2.20x

Book Value / Share (Quarterly)$11.68

P/TBV (Annual)0.86x

Indicated Dividend (Annual)$1.54

Revenue Growth (3Y)-6.01%

Cash Flow / Share (Quarterly)$3.48

Payout Ratio (TTM)185.72%

Price vs S&P 500 (YTD)7.43%

Gross Margin (TTM)44.23%

Net Profit Margin (TTM)19.73%

EPS (TTM)$0.62

10-Day Avg Trading Volume0.12M

EPS Excl Extra (TTM)$0.62

Revenue Growth (5Y)3.33%

EPS (Annual)$0.62

Dividend / Share (Annual)$1.61

ROI (Annual)2.46%

Gross Margin (Annual)44.23%

Net Profit Margin (5Y Avg)22.16%

Cash / Share (Quarterly)$0.32

P/E Basic Excl Extra (TTM)11.86x

Revenue Growth QoQ (YoY)-17.45%

EPS Growth (5Y)-16.70%

P/E Normalized (Annual)11.86x

ROA (Last FY)2.33%

Revenue Growth TTM (YoY)-21.70%

EBITD / Share (TTM)$1.13

ROE (5Y Avg)5.81%

Operating Margin (TTM)35.93%

Cash Flow / Share (Annual)$3.48

P/B Ratio0.65x

P/B Ratio (Quarterly)0.62x

EV / Revenue (TTM)6.70x

Net Interest Coverage (TTM)2.22x

ROA (TTM)2.21%

EPS Growth QoQ (YoY)117.40%

EV / EBITDA (TTM)18.65x

EPS Incl Extra (Annual)$0.62

Current Ratio (Annual)0.45x

Quick Ratio (Quarterly)0.42x

3-Month Avg Trading Volume0.15M

52-Week Price Return-17.03%

EV / Free Cash Flow (Annual)6.30x

P/E Incl Extra (TTM)11.86x

Tangible BV / Share (Quarterly)$13.87

P/S Ratio (Annual)2.34x

Asset Turnover (Annual)0.12x

52-Week High$9.95

Operating Margin (5Y Avg)39.98%

EPS Excl Extra (Annual)$0.62

Tangible BV CAGR (5Y)2.98%

26-Week Price Return13.50%

Quick Ratio (Annual)0.42x

13-Week Price Return11.35%

Total Debt / Equity (Annual)1.25x

Current Ratio (Quarterly)0.45x

Enterprise Value$486.891

Revenue / Share Growth (5Y)0.87%

Asset Turnover (TTM)0.11x

Book Value / Share Growth (5Y)-5.20%

Pretax Margin (Annual)19.73%

Cash / Share (Annual)$0.32

3-Month Return Std Dev32.30%

Gross Margin (5Y Avg)46.76%

EBITDA CAGR (5Y)1.56%

EBITDA Interim CAGR (5Y)-0.84%

ROE (Last FY)5.52%

Net Interest Coverage (Annual)1.56x

EPS Basic Excl Extra (Annual)$0.62

P/FCF (TTM)2.02x

Receivables Turnover (TTM)615.86x

EV / Free Cash Flow (TTM)6.30x

Total Debt / Equity (Quarterly)1.25x

EPS Incl Extra (TTM)$0.62

Receivables Turnover (Annual)615.86x

ROI (TTM)2.34%

Dividend Growth Rate (5Y)0.78%

P/S Ratio (TTM)2.34x

Pretax Margin (5Y Avg)22.16%

Revenue / Share (Annual)$3.14

Tangible BV / Share (Annual)$14.30

Forward P/E6.99x

Price vs S&P 500 (52W)-46.86%

P/E Ratio (TTM)11.86x

EPS Growth TTM (YoY)31.28%

Year-to-Date Return10.07%

5-Day Price Return0.26%

EPS Normalized (Annual)$0.62

ROA (5Y Avg)2.45%

Net Profit Margin (Annual)19.73%

Month-to-Date Return3.38%

EBITD / Share (Annual)$1.13

EPS Growth (3Y)-2.87%

Operating Margin (Annual)35.93%

LT Debt / Equity (Annual)1.25x

P/CF (TTM)2.20x

ROI (5Y Avg)2.55%

P/E Excl Extra (TTM)11.86x

LT Debt / Equity (Quarterly)1.25x

EPS Basic Excl Extra (TTM)$0.62

P/TBV (Quarterly)0.88x

Payout Ratio (Annual)255.35%

P/B Ratio (Annual)0.62x

Dividend / Share (TTM)$1.61

Pretax Margin (TTM)19.73%

Book Value / Share (Annual)$11.68

Price vs S&P 500 (13W)10.67%

Net Margin Growth (5Y)-17.42%

Dividend Yield (TTM)21.52%

Beta0.48x

P/FCF (Annual)2.20x

Revenue / Share (TTM)$3.16

ROE (TTM)5.30%

52-Week Low$6.07

Analyst Recommendations

Jan 2026

Feb 2026

Mar 2026

Apr 2026

2.42

About

WhiteHorse Finance is a closed-end investment company specializing in senior secured loans to lower middle-market U.S. companies. The firm originates and invests in first and second lien facilities across various industries, targeting performing privately held businesses. By maintaining senior positions in its loan portfolio, WhiteHorse seeks to generate risk-adjusted returns while preserving credit quality.