HERCULES CAPITAL INC (HTGC) Fundamental Analysis & Valuation
NYSE:HTGC • US4270965084
Current stock price
14.17 USD
-0.25 (-1.73%)
At close:
14.15 USD
-0.02 (-0.14%)
After Hours:
This HTGC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. HTGC Profitability Analysis
1.1 Basic Checks
- In the past year HTGC was profitable.
- In the past year HTGC has reported a negative cash flow from operations.
- In the past 5 years HTGC has always been profitable.
- In multiple years HTGC reported negative operating cash flow during the last 5 years.
1.2 Ratios
- With a decent Return On Assets value of 7.35%, HTGC is doing good in the industry, outperforming 77.08% of the companies in the same industry.
- HTGC has a Return On Equity of 15.20%. This is in the better half of the industry: HTGC outperforms 75.00% of its industry peers.
- HTGC has a better Return On Invested Capital (6.00%) than 74.17% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for HTGC is in line with the industry average of 7.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.35% | ||
| ROE | 15.2% | ||
| ROIC | 6% |
ROA(3y)7.97%
ROA(5y)6.77%
ROE(3y)15.61%
ROE(5y)13.42%
ROIC(3y)6.67%
ROIC(5y)5.93%
1.3 Margins
- The Profit Margin of HTGC (63.24%) is better than 93.33% of its industry peers.
- HTGC's Profit Margin has declined in the last couple of years.
- HTGC's Operating Margin of 64.17% is amongst the best of the industry. HTGC outperforms 96.67% of its industry peers.
- In the last couple of years the Operating Margin of HTGC has grown nicely.
- HTGC has a Gross Margin of 80.62%. This is amongst the best in the industry. HTGC outperforms 85.83% of its industry peers.
- In the last couple of years the Gross Margin of HTGC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 64.17% | ||
| PM (TTM) | 63.24% | ||
| GM | 80.62% |
OM growth 3Y3.15%
OM growth 5Y3.25%
PM growth 3Y26.79%
PM growth 5Y-4.23%
GM growth 3Y0.01%
GM growth 5Y1%
2. HTGC Health Analysis
2.1 Basic Checks
- Compared to 1 year ago, HTGC has more shares outstanding
- The number of shares outstanding for HTGC has been increased compared to 5 years ago.
- HTGC has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.06, we must say that HTGC is in the distress zone and has some risk of bankruptcy.
- HTGC has a Altman-Z score (1.06) which is in line with its industry peers.
- HTGC has a Debt/Equity ratio of 1.03. This is a high value indicating a heavy dependency on external financing.
- HTGC has a Debt to Equity ratio of 1.03. This is comparable to the rest of the industry: HTGC outperforms 50.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 1.16 indicates that HTGC should not have too much problems paying its short term obligations.
- HTGC's Current ratio of 1.16 is in line compared to the rest of the industry. HTGC outperforms 50.00% of its industry peers.
- HTGC has a Quick Ratio of 1.16. This is a normal value and indicates that HTGC is financially healthy and should not expect problems in meeting its short term obligations.
- With a Quick ratio value of 1.16, HTGC perfoms like the industry average, outperforming 54.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. HTGC Growth Analysis
3.1 Past
- HTGC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.48%.
- Measured over the past 5 years, HTGC shows a small growth in Earnings Per Share. The EPS has been growing by 6.52% on average per year.
- HTGC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.44%.
- The Revenue has been growing by 13.13% on average over the past years. This is quite good.
EPS 1Y (TTM)-4.48%
EPS 3Y9.06%
EPS 5Y6.52%
EPS Q2Q%-2.04%
Revenue 1Y (TTM)-13.44%
Revenue growth 3Y18.29%
Revenue growth 5Y13.13%
Sales Q2Q%12.85%
3.2 Future
- Based on estimates for the next years, HTGC will show a decrease in Earnings Per Share. The EPS will decrease by -0.22% on average per year.
- The Revenue is expected to grow by 4.28% on average over the next years.
EPS Next Y5.31%
EPS Next 2Y3.42%
EPS Next 3Y-0.22%
EPS Next 5YN/A
Revenue Next Year9%
Revenue Next 2Y6.9%
Revenue Next 3Y4.28%
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 decreasing.
4. HTGC Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 7.38, the valuation of HTGC can be described as very cheap.
- Based on the Price/Earnings ratio, HTGC is valued a bit cheaper than the industry average as 76.25% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 25.23. HTGC is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 7.01 indicates a rather cheap valuation of HTGC.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of HTGC indicates a rather cheap valuation: HTGC is cheaper than 86.25% of the companies listed in the same industry.
- HTGC is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.28, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.38 | ||
| Fwd PE | 7.01 |
4.2 Price Multiples
- HTGC's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HTGC is cheaper than 76.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.13 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of HTGC may justify a higher PE ratio.
PEG (NY)1.39
PEG (5Y)1.13
EPS Next 2Y3.42%
EPS Next 3Y-0.22%
5. HTGC Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 11.10%, HTGC is a good candidate for dividend investing.
- The stock price of HTGC dropped by -23.45% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
- Compared to an average industry Dividend Yield of 6.91, HTGC pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.89, HTGC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.1% |
5.2 History
- The dividend of HTGC is nicely growing with an annual growth rate of 6.10%!
- HTGC has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.1%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- HTGC pays out 96.80% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of HTGC has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP96.8%
EPS Next 2Y3.42%
EPS Next 3Y-0.22%
HTGC Fundamentals: All Metrics, Ratios and Statistics
14.17
-0.25 (-1.73%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-12 2026-02-12/amc
Earnings (Next)04-29 2026-04-29
Inst Owners29.27%
Inst Owner Change7.37%
Ins Owners1.94%
Ins Owner Change7.28%
Market Cap2.60B
Revenue(TTM)532.49M
Net Income(TTM)336.77M
Analysts82.67
Price Target20.71 (46.15%)
Short Float %6.64%
Short Ratio4.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.1% |
Yearly Dividend1.85
Dividend Growth(5Y)6.1%
DP96.8%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-25 2026-02-25 (0.07)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.03%
Min EPS beat(2)-4.39%
Max EPS beat(2)0.34%
EPS beat(4)2
Avg EPS beat(4)-1.26%
Min EPS beat(4)-5.01%
Max EPS beat(4)4.02%
EPS beat(8)2
Avg EPS beat(8)-1.97%
EPS beat(12)6
Avg EPS beat(12)0.56%
EPS beat(16)8
Avg EPS beat(16)0.88%
Revenue beat(2)1
Avg Revenue beat(2)-1.37%
Min Revenue beat(2)-2.99%
Max Revenue beat(2)0.25%
Revenue beat(4)2
Avg Revenue beat(4)-0.92%
Min Revenue beat(4)-4.12%
Max Revenue beat(4)3.19%
Revenue beat(8)3
Avg Revenue beat(8)-1.82%
Revenue beat(12)7
Avg Revenue beat(12)3.76%
Revenue beat(16)9
Avg Revenue beat(16)2.91%
PT rev (1m)-2.92%
PT rev (3m)-3.02%
EPS NQ rev (1m)-2.72%
EPS NQ rev (3m)-4.9%
EPS NY rev (1m)-1.76%
EPS NY rev (3m)-1.87%
Revenue NQ rev (1m)0.77%
Revenue NQ rev (3m)1.71%
Revenue NY rev (1m)0.77%
Revenue NY rev (3m)0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.38 | ||
| Fwd PE | 7.01 | ||
| P/S | 4.89 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.17 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | 14.13 |
EPS(TTM)1.92
EY13.55%
EPS(NY)2.02
Fwd EY14.27%
FCF(TTM)-2.32
FCFYN/A
OCF(TTM)-2.32
OCFYN/A
SpS2.9
BVpS12.06
TBVpS12.06
PEG (NY)1.39
PEG (5Y)1.13
Graham Number22.83
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.35% | ||
| ROE | 15.2% | ||
| ROCE | 7.59% | ||
| ROIC | 6% | ||
| ROICexc | 6.07% | ||
| ROICexgc | 6.08% | ||
| OM | 64.17% | ||
| PM (TTM) | 63.24% | ||
| GM | 80.62% | ||
| FCFM | N/A |
ROA(3y)7.97%
ROA(5y)6.77%
ROE(3y)15.61%
ROE(5y)13.42%
ROIC(3y)6.67%
ROIC(5y)5.93%
ROICexc(3y)6.83%
ROICexc(5y)6.09%
ROICexgc(3y)6.85%
ROICexgc(5y)6.1%
ROCE(3y)8.44%
ROCE(5y)7.51%
ROICexgc growth 3Y6.57%
ROICexgc growth 5Y3.09%
ROICexc growth 3Y6.55%
ROICexc growth 5Y3.09%
OM growth 3Y3.15%
OM growth 5Y3.25%
PM growth 3Y26.79%
PM growth 5Y-4.23%
GM growth 3Y0.01%
GM growth 5Y1%
F-Score1
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.68 | ||
| Cap/Depr | 26.41% | ||
| Cap/Sales | 0.02% | ||
| Interest Coverage | 4.09 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 1.06 |
F-Score1
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)214.85%
Cap/Depr(5y)145.57%
Cap/Sales(3y)0.12%
Cap/Sales(5y)0.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.48%
EPS 3Y9.06%
EPS 5Y6.52%
EPS Q2Q%-2.04%
EPS Next Y5.31%
EPS Next 2Y3.42%
EPS Next 3Y-0.22%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.44%
Revenue growth 3Y18.29%
Revenue growth 5Y13.13%
Sales Q2Q%12.85%
Revenue Next Year9%
Revenue Next 2Y6.9%
Revenue Next 3Y4.28%
Revenue Next 5YN/A
EBIT growth 1Y-15.62%
EBIT growth 3Y22.02%
EBIT growth 5Y16.82%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-258.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-260.58%
OCF growth 3YN/A
OCF growth 5YN/A
HERCULES CAPITAL INC / HTGC Fundamental Analysis FAQ
What is the fundamental rating for HTGC stock?
ChartMill assigns a fundamental rating of 4 / 10 to HTGC.
What is the valuation status of HERCULES CAPITAL INC (HTGC) stock?
ChartMill assigns a valuation rating of 6 / 10 to HERCULES CAPITAL INC (HTGC). This can be considered as Fairly Valued.
How profitable is HERCULES CAPITAL INC (HTGC) stock?
HERCULES CAPITAL INC (HTGC) has a profitability rating of 6 / 10.
How financially healthy is HERCULES CAPITAL INC?
The financial health rating of HERCULES CAPITAL INC (HTGC) is 2 / 10.
Can you provide the expected EPS growth for HTGC stock?
The Earnings per Share (EPS) of HERCULES CAPITAL INC (HTGC) is expected to grow by 5.31% in the next year.