6.71 USD
-0.07 (-1.03%)
At close: Jan 30, 2026
6.79 USD
+0.08 (+1.19%)
After Hours: 1/30/2026, 8:24:20 PM
Overall WHF gets a fundamental rating of 3 out of 10. We evaluated WHF against 237 industry peers in the Capital Markets industry. Both the profitability and financial health of WHF have multiple concerns. WHF is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- WHF had positive earnings in the past year.
- WHF had a positive operating cash flow in the past year.
- Each year in the past 5 years WHF has been profitable.
- In multiple years WHF reported negative operating cash flow during the last 5 years.
1.2 Ratios
- WHF has a worse Return On Assets (1.57%) than 62.45% of its industry peers.
- WHF has a Return On Equity of 3.72%. This is in the lower half of the industry: WHF underperforms 64.98% of its industry peers.
- The Return On Invested Capital of WHF (3.69%) is comparable to the rest of the industry.
- WHF had an Average Return On Invested Capital over the past 3 years of 4.40%. This is below the industry average of 7.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.57% | ||
| ROE | 3.72% | ||
| ROIC | 3.69% |
ROA(3y)2.12%
ROA(5y)2.86%
ROE(3y)4.98%
ROE(5y)6.74%
ROIC(3y)4.4%
ROIC(5y)3.74%
1.3 Margins
- Looking at the Profit Margin, with a value of 12.91%, WHF is in line with its industry, outperforming 43.04% of the companies in the same industry.
- In the last couple of years the Profit Margin of WHF has declined.
- Looking at the Operating Margin, with a value of 36.00%, WHF is in the better half of the industry, outperforming 66.24% of the companies in the same industry.
- In the last couple of years the Operating Margin of WHF has declined.
- The Gross Margin of WHF (43.86%) is comparable to the rest of the industry.
- WHF's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36% | ||
| PM (TTM) | 12.91% | ||
| GM | 43.86% |
OM growth 3Y0.18%
OM growth 5Y-2.92%
PM growth 3Y-34.56%
PM growth 5Y-23.96%
GM growth 3Y-0.25%
GM growth 5Y-2.13%
2. Health
2.1 Basic Checks
- WHF has about the same amout of shares outstanding than it did 1 year ago.
- WHF has more shares outstanding than it did 5 years ago.
- WHF has a better debt/assets ratio than last year.
2.2 Solvency
- WHF has an Altman-Z score of 0.34. This is a bad value and indicates that WHF is not financially healthy and even has some risk of bankruptcy.
- WHF has a Altman-Z score of 0.34. This is in the lower half of the industry: WHF underperforms 66.67% of its industry peers.
- WHF has a debt to FCF ratio of 3.32. This is a good value and a sign of high solvency as WHF would need 3.32 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 3.32, WHF is in the better half of the industry, outperforming 76.37% of the companies in the same industry.
- A Debt/Equity ratio of 1.22 is on the high side and indicates that WHF has dependencies on debt financing.
- WHF's Debt to Equity ratio of 1.22 is in line compared to the rest of the industry. WHF outperforms 40.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 3.32 | ||
| Altman-Z | 0.34 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.57 indicates that WHF may have some problems paying its short term obligations.
- WHF has a worse Current ratio (0.57) than 70.46% of its industry peers.
- A Quick Ratio of 0.57 indicates that WHF may have some problems paying its short term obligations.
- WHF has a Quick ratio of 0.57. This is in the lower half of the industry: WHF underperforms 70.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
- WHF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -31.48%.
- WHF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.13% yearly.
- The Revenue for WHF has decreased by -21.66% in the past year. This is quite bad
- The Revenue has been growing slightly by 6.71% on average over the past years.
EPS 1Y (TTM)-31.48%
EPS 3Y4.48%
EPS 5Y1.13%
EPS Q2Q%-35%
Revenue 1Y (TTM)-21.66%
Revenue growth 3Y8.76%
Revenue growth 5Y6.71%
Sales Q2Q%-51.71%
3.2 Future
- The Earnings Per Share is expected to decrease by -12.27% on average over the next years. This is quite bad
- The Revenue is expected to decrease by -9.52% on average over the next years.
EPS Next Y-30.12%
EPS Next 2Y-18.58%
EPS Next 3Y-12.27%
EPS Next 5YN/A
Revenue Next Year-22.55%
Revenue Next 2Y-14.75%
Revenue Next 3Y-9.52%
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 5.69, the valuation of WHF can be described as very cheap.
- 87.34% of the companies in the same industry are more expensive than WHF, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of WHF to the average of the S&P500 Index (28.30), we can say WHF is valued rather cheaply.
- With a Price/Forward Earnings ratio of 6.29, the valuation of WHF can be described as very cheap.
- 91.56% of the companies in the same industry are more expensive than WHF, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of WHF to the average of the S&P500 Index (25.57), we can say WHF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.69 | ||
| Fwd PE | 6.29 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of WHF indicates a rather cheap valuation: WHF is cheaper than 95.78% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.6 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- WHF's earnings are expected to decrease with -12.27% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)5.02
EPS Next 2Y-18.58%
EPS Next 3Y-12.27%
5. Dividend
5.1 Amount
- WHF has a Yearly Dividend Yield of 14.62%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.88, WHF pays a bit more dividend than its industry peers.
- WHF's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.62% |
5.2 History
- The dividend of WHF has a limited annual growth rate of 1.98%.
- WHF has paid a dividend for at least 10 years, which is a reliable track record.
- WHF has decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.98%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 420.82% of the earnings are spent on dividend by WHF. This is not a sustainable payout ratio.
- WHF's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP420.82%
EPS Next 2Y-18.58%
EPS Next 3Y-12.27%
WHITEHORSE FINANCE INC / WHF FAQ
Can you provide the ChartMill fundamental rating for WHITEHORSE FINANCE INC?
ChartMill assigns a fundamental rating of 3 / 10 to WHF.
Can you provide the valuation status for WHITEHORSE FINANCE INC?
ChartMill assigns a valuation rating of 6 / 10 to WHITEHORSE FINANCE INC (WHF). This can be considered as Fairly Valued.
Can you provide the profitability details for WHITEHORSE FINANCE INC?
WHITEHORSE FINANCE INC (WHF) has a profitability rating of 3 / 10.
What is the financial health of WHITEHORSE FINANCE INC (WHF) stock?
The financial health rating of WHITEHORSE FINANCE INC (WHF) is 2 / 10.
Is the dividend of WHITEHORSE FINANCE INC sustainable?
The dividend rating of WHITEHORSE FINANCE INC (WHF) is 5 / 10 and the dividend payout ratio is 420.82%.