HTFC - NYSE

Horizon Technology Finance Corp

Horizon Technology Finance Corp

HTFCยทNYSE

$24.92

+0.36%
Financial ServicesAsset Management

Horizon Technology Finance Corp. operates as a specialty finance company, which engages in the provision of capital in the form of secured loans to venture capital backed companies. It is also involved in lending and investing in portfolio companies in technology, life science, healthcare information and services and cleantech industries. The company was founded by John C. Bombara, Daniel S. Devorsetz, Robert D. Pomeroy and Gerald A. Michaud on March 16, 2010 and is headquartered in Farmington, CT.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$1.15B
EPS1.0500
P/E Ratio23.73
Earnings Date04/29/2026
Horizon Technology Finance Corp

Horizon Technology Finance Corp Fair Value Envelope

HTFC ยท NYSE

Our analysis suggests that HTFC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $24.9189, this represents a potential HIDDEN relative to our calculated worth for Horizon Technology Finance Corp.

HIDDEN
Intrinsic Value
Current Price: $24.9189

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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%
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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$19.4B
+ Cash & Equivalents$105.5M
Firm Value$19.5B
- Debt$473.0M
Equity Value$19.0B
/ Shares Outstanding12,362,530B
DCF Value$1.5K
UNDERVALUED BY 6067%

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
$80.9M
$115.6M
$165.1M
$235.9M
$337.0M
$481.4M
$687.8M
$982.6M
$1.4B
$2.0B
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$80.9M
$115.6M
$165.1M
$235.9M
$337.0M
$481.4M
$687.8M
$982.6M
$1.4B
$2.0B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$74.9M
$99.1M
$131.1M
$173.4M
$229.4M
$303.4M
$401.3M
$530.9M
$702.2M
$928.9M
Terminal Value represents 81.5% of Enterprise Value

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