WHF (WhiteHorse Finance) Moat Score: 3/10 (As of Aug. 19, 2026)

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WHF WhiteHorse Finance Inc WHF
42 GF Score
Price $7.26
GF Value $13.03
Valuation Possible Value Trap
! 5 Warning Signs
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What is WhiteHorse Finance Moat Score?

WhiteHorse Finance WHF +2.91% 42 Moat Score is 3 as of Aug. 19, 2026. GuruFocus rates WHF with a GF Score™ of 42/100 and a GF Value™ of $13.03 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,692 Asset Management companies, WhiteHorse Finance ranks better than 90.6% on this metric.

WhiteHorse Finance has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

WhiteHorse Finance has No Moat: WhiteHorse Finance Inc operates in the financial services sector with limited market leadership and no significant regulatory barriers or intellectual property. The company faces intense competition and lacks strong customer loyalty.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes WhiteHorse Finance might have No Moat - Very weak/transient advantages.

WhiteHorse Finance  (NAS:WHF) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

WhiteHorse Finance Moat Score Related Terms

WHF vs GRX, MPA, EVG: Moat Score Comparison

For the Asset Management subindustry, WhiteHorse Finance's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, WhiteHorse Finance's Moat Score distribution charts can be found below:

* The bar in red indicates where WhiteHorse Finance's Moat Score falls into.


WHF
42GF Score
WhiteHorse Finance Inc WHF
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
WhiteHorse Finance (WHF) has a Moat Score of 3 as of Aug. 19, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, WhiteHorse Finance ranks #159 out of 1692 companies in the Asset Management industry, placing it in the top 9.4%.
Is WhiteHorse Finance's Moat Score too high?
WhiteHorse Finance's current Moat Score is 3. Based on the distribution chart, WhiteHorse Finance ranks #159 out of 1692 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, WhiteHorse Finance has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WhiteHorse Finance's Moat Score compare to GRX and MPA?
According to the Asset Management industry distribution chart, WhiteHorse Finance ranks #159 out of 1692 companies for Moat Score. This places WhiteHorse Finance in the top 9% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Asset Management company?
A good Moat Score depends on the Asset Management industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. WhiteHorse Finance's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WhiteHorse Finance stock overvalued right now?
Based on GuruFocus' analysis, WhiteHorse Finance (WHF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.03, compared to a current price of $7.26 — trading 44.3% below its estimated fair value. The current Moat Score is 3. WhiteHorse Finance's overall GF Score™ is 42/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For WhiteHorse Finance (WHF), the current Moat Score is 3 as of Aug. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is WhiteHorse Finance (WHF) Overvalued in 2026?

Based on GuruFocus' analysis, WhiteHorse Finance stock appears to be undervalued. The current stock price of $7.26 is trading 44.3% below its estimated GF Value™ of $13.03. GuruFocus considers WhiteHorse Finance to be Possible Value Trap.

Key valuation signals for WHF:

  • Moat Score: 3
  • GF Value™: $13.03 vs. price of $7.26 (44.3% below fair value)
  • GF Score™: 42/100 with 5 warning signs

No single metric tells the full story. See the WHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

WhiteHorse Finance Business Description

Other Exchanges M9X:Germany
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 risk-adjusted returns by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a range of industries.
42GF Score

Get the complete analysis for WHF

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.26
Price
$13.03
GF Value