Horizon Technology Finance Stock Return On Equity
| HRZN Stock | USD 11.43 0.06 0.52% |
Horizon Technology Finance fundamentals help investors to digest information that contributes to Horizon Technology's financial success or failures. It also enables traders to predict the movement of Horizon Stock. The fundamental analysis module provides a way to measure Horizon Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Horizon Technology stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.05) | (0.05) |
Horizon | Return On Equity |
Horizon Technology Finance Company Return On Equity Analysis
Horizon Technology's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Horizon Technology Return On Equity | -0.0535 |
Most of Horizon Technology's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Horizon Technology Finance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Horizon Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Horizon Technology is extremely important. It helps to project a fair market value of Horizon Stock properly, considering its historical fundamentals such as Return On Equity. Since Horizon Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Horizon Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Horizon Technology's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Horizon Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Horizon Technology Finance has a Return On Equity of -0.0535. This is 103.69% lower than that of the Capital Markets sector and 100.79% lower than that of the Financials industry. The return on equity for all United States stocks is 82.74% lower than that of the firm.
Horizon Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Horizon Technology's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Horizon Technology could also be used in its relative valuation, which is a method of valuing Horizon Technology by comparing valuation metrics of similar companies.Horizon Technology is currently under evaluation in return on equity category among related companies.
Horizon Technology Current Valuation Drivers
We derive many important indicators used in calculating different scores of Horizon Technology from analyzing Horizon Technology's financial statements. These drivers represent accounts that assess Horizon Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Horizon Technology's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 174.3M | 232.2M | 318.8M | 286.8M | 407.7M | 428.1M | |
| Enterprise Value | 319.9M | 398.5M | 538.4M | 700.3M | 796.9M | 836.7M |
Horizon Fundamentals
| Return On Equity | -0.0535 | ||||
| Return On Asset | 0.0732 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | 0.83 % | ||||
| Current Valuation | 799.35 M | ||||
| Shares Outstanding | 33.4 M | ||||
| Shares Owned By Insiders | 1.31 % | ||||
| Shares Owned By Institutions | 5.20 % | ||||
| Number Of Shares Shorted | 559.95 K | ||||
| Price To Earning | 18.29 X | ||||
| Price To Book | 1.16 X | ||||
| Price To Sales | 3.30 X | ||||
| Revenue | 83.77 M | ||||
| Gross Profit | 79.19 M | ||||
| EBITDA | 11.94 M | ||||
| Net Income | (17.18 M) | ||||
| Cash And Equivalents | 54.35 M | ||||
| Cash Per Share | 2.14 X | ||||
| Total Debt | 462.24 M | ||||
| Debt To Equity | 1.25 % | ||||
| Current Ratio | 5.21 X | ||||
| Book Value Per Share | 9.71 X | ||||
| Cash Flow From Operations | 50.07 M | ||||
| Short Ratio | 1.31 X | ||||
| Earnings Per Share | (0.56) X | ||||
| Price To Earnings To Growth | 2.07 X | ||||
| Target Price | 10.61 | ||||
| Beta | 1.21 | ||||
| Market Capitalization | 383.74 M | ||||
| Total Asset | 802.36 M | ||||
| Retained Earnings | (127 M) | ||||
| Annual Yield | 0.11 % | ||||
| Five Year Return | 9.84 % | ||||
| Net Asset | 802.36 M | ||||
| Last Dividend Paid | 1.32 |
About Horizon Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Horizon Technology Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Horizon Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Horizon Technology Finance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Horizon Technology Piotroski F Score and Horizon Technology Altman Z Score analysis. Note that the Horizon Technology information on this page should be used as a complementary analysis to other Horizon Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Horizon Stock analysis
When running Horizon Technology's price analysis, check to measure Horizon Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Horizon Technology is operating at the current time. Most of Horizon Technology's value examination focuses on studying past and present price action to predict the probability of Horizon Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Technology's price. Additionally, you may evaluate how the addition of Horizon Technology to your portfolios can decrease your overall portfolio volatility.
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Is Horizon Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Technology. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Dividend Share 1.32 | Earnings Share (0.56) | Revenue Per Share 3.665 | Quarterly Revenue Growth 0.218 |
The market value of Horizon Technology is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Technology's value that differs from its market value or its book value, called intrinsic value, which is Horizon Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horizon Technology's market value can be influenced by many factors that don't directly affect Horizon Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horizon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.