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WhiteHorse Finance (FRA:M9X) EV-to-FCF : 9.60 (As of May. 12, 2024)


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What is WhiteHorse Finance EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, WhiteHorse Finance's Enterprise Value is €626.82 Mil. WhiteHorse Finance's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 was €65.29 Mil. Therefore, WhiteHorse Finance's EV-to-FCF for today is 9.60.

The historical rank and industry rank for WhiteHorse Finance's EV-to-FCF or its related term are showing as below:

FRA:M9X' s EV-to-FCF Range Over the Past 10 Years
Min: -203.15   Med: -4.92   Max: 605.67
Current: 9.63

During the past 12 years, the highest EV-to-FCF of WhiteHorse Finance was 605.67. The lowest was -203.15. And the median was -4.92.

FRA:M9X's EV-to-FCF is ranked better than
63.59% of 1063 companies
in the Asset Management industry
Industry Median: 13.49 vs FRA:M9X: 9.63

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-12), WhiteHorse Finance's stock price is €11.90. WhiteHorse Finance's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was €0.759. Therefore, WhiteHorse Finance's PE Ratio for today is 15.68.


WhiteHorse Finance EV-to-FCF Historical Data

The historical data trend for WhiteHorse Finance's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WhiteHorse Finance EV-to-FCF Chart

WhiteHorse Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.07 -10.16 -9.12 10.20 7.32

WhiteHorse Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.93 17.79 8.30 7.32 9.51

Competitive Comparison of WhiteHorse Finance's EV-to-FCF

For the Asset Management subindustry, WhiteHorse Finance's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WhiteHorse Finance's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WhiteHorse Finance's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where WhiteHorse Finance's EV-to-FCF falls into.



WhiteHorse Finance EV-to-FCF Calculation

WhiteHorse Finance's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=626.817/65.294
=9.60

WhiteHorse Finance's current Enterprise Value is €626.82 Mil.
WhiteHorse Finance's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €65.29 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


WhiteHorse Finance  (FRA:M9X) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

WhiteHorse Finance's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.90/0.759
=15.68

WhiteHorse Finance's share price for today is €11.90.
WhiteHorse Finance's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.759.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


WhiteHorse Finance EV-to-FCF Related Terms

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WhiteHorse Finance (FRA:M9X) Business Description

Traded in Other Exchanges
Address
1450 Brickell Avenue, 31st Floor, Miami, FL, USA, 33131
WhiteHorse Finance Inc is a non-diversified, closed-end management investment company. It makes debt investments in privately held; small-cap companies located in United States. Its investment objective is to generate attractive risk-adjusted returns for investors, primarily by originating senior secured loans to privately held small-cap companies across a broad range of industries.

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