COMP <GO>
HTGC vs LAZ // EV/EBITDA & P/E VALUATION
Hercules Capital Inc. (NYSE) VS. Lazard Inc. (NYSE) • 15-METRIC TALLY: HTGC 2
— LAZ 5
■ METRIC PARITY
LAST: $16.59 (-1.83%) • MKT CAP: $3.14B
valuation
—
LAST: $38.35 (-3.01%) • MKT CAP: $3.75B
valuation
11.4x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HTGC VS. LAZ)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | HTGC | LAZ | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 15.30% | 24.40% | -9.10 | LAZ | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 11.4x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -13.46% | 12.62% | -26.08 | LAZ | /fcf-yield <GO> |
| Operating Margin | — | 10.30% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | 7.40% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | 1.50% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 10.31% | 4.83% | +5.48 | HTGC | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 2/9 | 6/9 | -4.00 | LAZ | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 48.6 | 52.5 | -3.90 | LAZ | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.01 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 8.6x | 15.2x | -6.60 | HTGC | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.14B | $3.75B | -$600.7M | LAZ | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | HTGC REV | LAZ REV | HTGC GROSS % | LAZ GROSS % | HTGC FCF | LAZ FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $0 | $3.19B | — | — | -$425.8M | $487.4M |
| FY 2024 | $0 | $3.14B | — | — | -$118.1M | $697.3M |
| FY 2023 | $0 | $2.59B | — | — | $68.3M | $48.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
HTGC // BETA —
LAZ // BETA 1.01