WHF - NASDAQ

WhiteHorse Finance, Inc.

WhiteHorse Finance, Inc.

WHFยทNASDAQ

$6.76

+1.1%
Financial ServicesAsset Management

WhiteHorse Finance, Inc. is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries. It prefers to invest in United States. It typically invests between $5 million to $25 million in companies having enterprise value of between $50 million and $350 million.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$146.09M
EPS0.6200
P/E Ratio10.90
Earnings Date08/06/2026
WhiteHorse Finance, Inc.

WhiteHorse Finance, Inc. Fair Value Envelope

WHF ยท NASDAQ

Our analysis suggests that WHF has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $6.76, this represents a potential HIDDEN relative to our calculated worth for WhiteHorse Finance, Inc..

HIDDEN
Intrinsic Value
Current Price: $6.76

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$16.8M
+ Cash & Equivalents$29.3M
Firm Value$46.1M
- Debt$323.8M
Equity Value-$277.7M
/ Shares Outstanding23,243,088B
DCF Value-$12
OVERVALUED BY 277%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$9.6M
$4.8M
$2.4M
$1.2M
$602.6K
$301.3K
$150.7K
$75.3K
$37.7K
$18.8K
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$9.6M
$4.8M
$2.4M
$1.2M
$602.6K
$301.3K
$150.7K
$75.3K
$37.7K
$18.8K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$8.9M
$4.1M
$1.9M
$885.9K
$410.1K
$189.9K
$87.9K
$40.7K
$18.8K
$8.7K
Terminal Value represents 0.9% of Enterprise Value

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