WhiteHorse Finance Future Growth
Future criteria checks 3/6
WhiteHorse Finance's revenue is forecast to decline at 8.4% per annum while its annual earnings are expected to grow at 60.6% per year. EPS is expected to grow by 60.3% per annum. Return on equity is forecast to be 11.9% in 3 years.
Key information
60.6%
Earnings growth rate
60.3%
EPS growth rate
| Capital Markets earnings growth | 13.3% |
| Revenue growth rate | -8.4% |
| Future return on equity | 11.9% |
| Analyst coverage | Low |
| Last updated | 03 Feb 2025 |
Recent future growth updates
No updates
Recent updates
WhiteHorse Finance: Growing Non-Accruals And Lower Earnings (Rating Downgrade)
Sep 02WhiteHorse Finance: Well-Covered Dividend But Lacks NAV Growth
May 22WhiteHorse Finance: 12% BDC Yield, Mr. Market Says 'Meh'
Apr 19WhiteHorse Finance declares $0.05 special dividend
Oct 14WhiteHorse Finance GAAP EPS of $0.32 misses by $0.02, total investment income of $20M misses by $0.47M
Aug 10WhiteHorse Finance: 9% Yield, Steady Dividends Since 2012, Selling Below NAV
Jan 07WhiteHorse Finance: An Undercovered Strong BDC Performer With A 10.25% Yield
Dec 14WhiteHorse Finance EPS in-line, misses on Total investment income
May 10WhiteHorse Finance NII beats by $0.09, beats on total investment income
Nov 09Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 83 | 34 | N/A | N/A | 1 |
| 12/31/2025 | 86 | 34 | N/A | 27 | 5 |
| 12/31/2024 | 94 | 16 | N/A | 58 | 5 |
| 9/30/2024 | 97 | 10 | 73 | 73 | N/A |
| 6/30/2024 | 100 | 23 | 101 | 101 | N/A |
| 3/31/2024 | 103 | 19 | 70 | 70 | N/A |
| 12/31/2023 | 103 | 20 | 90 | 90 | N/A |
| 9/30/2023 | 104 | 16 | 82 | 82 | N/A |
| 6/30/2023 | 99 | 14 | 40 | 40 | N/A |
| 3/31/2023 | 94 | 17 | 79 | 79 | N/A |
| 12/31/2022 | 88 | 16 | 72 | 72 | N/A |
| 9/30/2022 | 80 | 20 | -49 | -49 | N/A |
| 6/30/2022 | 77 | 24 | -67 | -67 | N/A |
| 3/31/2022 | 74 | 28 | -141 | -141 | N/A |
| 12/31/2021 | 72 | 30 | -90 | -90 | N/A |
| 9/30/2021 | 71 | 35 | -67 | -67 | N/A |
| 6/30/2021 | 69 | 49 | -78 | -78 | N/A |
| 3/31/2021 | 65 | 61 | -14 | -14 | N/A |
| 12/31/2020 | 62 | 32 | -65 | -65 | N/A |
| 9/30/2020 | 62 | 32 | -25 | -25 | N/A |
| 6/30/2020 | 64 | 17 | -2 | -2 | N/A |
| 3/31/2020 | 66 | 3 | -90 | -90 | N/A |
| 12/31/2019 | 67 | 31 | -95 | -95 | N/A |
| 9/30/2019 | 66 | 27 | -11 | -11 | N/A |
| 6/30/2019 | 64 | 40 | 32 | 32 | N/A |
| 3/31/2019 | 63 | 50 | 55 | 55 | N/A |
| 12/31/2018 | 63 | 57 | 31 | 31 | N/A |
| 9/30/2018 | 60 | 61 | 1 | 1 | N/A |
| 6/30/2018 | 58 | 50 | N/A | -23 | N/A |
| 3/31/2018 | 58 | 39 | N/A | 6 | N/A |
| 12/31/2017 | 55 | 34 | N/A | 7 | N/A |
| 9/30/2017 | 54 | 35 | N/A | 9 | N/A |
| 6/30/2017 | 55 | 35 | N/A | 24 | N/A |
| 3/31/2017 | 54 | 35 | N/A | 27 | N/A |
| 12/31/2016 | 54 | 31 | N/A | 34 | N/A |
| 9/30/2016 | 52 | 7 | N/A | -15 | N/A |
| 6/30/2016 | 50 | 0 | N/A | -27 | N/A |
| 3/31/2016 | 49 | -2 | N/A | -20 | N/A |
| 12/31/2015 | 47 | -3 | N/A | -9 | N/A |
| 9/30/2015 | 46 | 16 | N/A | -29 | N/A |
| 6/30/2015 | 44 | 19 | N/A | -23 | N/A |
| 3/31/2015 | 41 | 18 | N/A | -92 | N/A |
| 12/31/2014 | 38 | 20 | N/A | -140 | N/A |
| 9/30/2014 | 35 | 22 | N/A | -61 | N/A |
| 6/30/2014 | 37 | 24 | N/A | -78 | N/A |
| 3/31/2014 | 37 | 22 | N/A | -32 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WHF's forecast earnings growth (60.6% per year) is above the savings rate (2.8%).
Earnings vs Market: WHF's earnings (60.6% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: WHF's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WHF's revenue is expected to decline over the next 3 years (-8.4% per year).
High Growth Revenue: WHF's revenue is forecast to decline over the next 3 years (-8.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WHF's Return on Equity is forecast to be low in 3 years time (11.9%).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/12 02:31 |
| End of Day Share Price | 2025/02/12 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
WhiteHorse Finance, Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bryce Rowe | Baird |
| Kannan Venkateshwar | Barclays |
| Vernon Plack | BB&T Capital Markets |