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Stock Comparison

HLX vs TPVG vs CLOV vs HRZN

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
HLX
Helix Energy Solutions Group, Inc.

Oil & Gas Equipment & Services

EnergyNYSE • US
Market Cap$1.48B
5Y Perf.+189.6%
TPVG
TriplePoint Venture Growth BDC Corp.

Asset Management

Financial ServicesNYSE • US
Market Cap$238M
5Y Perf.-43.1%
CLOV
Clover Health Investments, Corp.

Medical - Healthcare Plans

HealthcareNASDAQ • US
Market Cap$1.80B
5Y Perf.-69.0%
HRZN
Horizon Technology Finance Corporation

Asset Management

Financial ServicesNASDAQ • US
Market Cap$188M
5Y Perf.-61.0%

HLX vs TPVG vs CLOV vs HRZN — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
HLX logoHLX
TPVG logoTPVG
CLOV logoCLOV
HRZN logoHRZN
IndustryOil & Gas Equipment & ServicesAsset ManagementMedical - Healthcare PlansAsset Management
Market Cap$1.48B$238M$1.80B$188M
Revenue (TTM)$1.30B$97M$2.21B$40M
Net Income (TTM)$14M$-12M$-57M$28M
Gross Margin10.8%83.5%18.2%18.0%
Operating Margin3.4%77.9%-2.8%-4.0%
Forward P/E36.2x6.3x89.7x6.0x
Total Debt$630M$469M$0.00$473M
Cash & Equiv.$445M$20M$78M$106M

HLX vs TPVG vs CLOV vs HRZNLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

HLX
TPVG
CLOV
HRZN
StockJun 20May 26Return
Helix Energy Soluti… (HLX)100289.6+189.6%
TriplePoint Venture… (TPVG)10056.9-43.1%
Clover Health Inves… (CLOV)10031.0-69.0%
Horizon Technology … (HRZN)10039.0-61.0%

Price return only. Dividends and distributions are not included.

Quick Verdict: HLX vs TPVG vs CLOV vs HRZN

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: HRZN leads in 3 of 7 categories, making it the strongest pick for valuation and capital efficiency and dividend income and shareholder returns. TriplePoint Venture Growth BDC Corp. is the stronger pick specifically for profitability and margin quality and capital preservation and lower volatility. HLX and CLOV also each lead in at least one category. This set spans 3 sectors — these stocks serve different portfolio roles, not just different price points.
HLX
Helix Energy Solutions Group, Inc.
The Defensive Pick

HLX is the clearest fit if your priority is sleep-well-at-night.

  • Lower volatility, beta 0.78, Low D/E 39.9%, current ratio 2.69x
  • +51.8% vs HRZN's -27.6%
Best for: sleep-well-at-night
TPVG
TriplePoint Venture Growth BDC Corp.
The Banking Pick

TPVG is the #2 pick in this set and the best alternative if income & stability and long-term compounding is your priority.

  • Dividend streak 0 yrs, beta 0.70, yield 17.5%
  • 96.0% 10Y total return vs HLX's 37.9%
  • NIM 7.4% vs HRZN's 7.1%
  • 50.6% margin vs HRZN's -6.6%
Best for: income & stability and long-term compounding
CLOV
Clover Health Investments, Corp.
The Insurance Pick

CLOV is the clearest fit if your priority is growth exposure.

  • Rev growth 40.3%, EPS growth -93.6%, 3Y rev CAGR 20.6%
  • 40.3% revenue growth vs HLX's -4.9%
Best for: growth exposure
HRZN
Horizon Technology Finance Corporation
The Banking Pick

HRZN carries the broadest edge in this set and is the clearest fit for valuation efficiency and defensive.

  • PEG 0.25 vs TPVG's 6.20
  • Beta 0.83, yield 29.5%, current ratio 1.24x
  • Lower P/E (6.0x vs 89.7x)
  • 29.5% yield, vs TPVG's 17.5%, (2 stocks pay no dividend)
Best for: valuation efficiency and defensive
See the full category breakdown
CategoryWinnerWhy
GrowthCLOV logoCLOV40.3% revenue growth vs HLX's -4.9%
ValueHRZN logoHRZNLower P/E (6.0x vs 89.7x)
Quality / MarginsTPVG logoTPVG50.6% margin vs HRZN's -6.6%
Stability / SafetyTPVG logoTPVGBeta 0.70 vs CLOV's 1.36
DividendsHRZN logoHRZN29.5% yield, vs TPVG's 17.5%, (2 stocks pay no dividend)
Momentum (1Y)HLX logoHLX+51.8% vs HRZN's -27.6%
Efficiency (ROA)HRZN logoHRZN3.6% ROA vs CLOV's -9.6%, ROIC -0.2% vs -34.0%

HLX vs TPVG vs CLOV vs HRZN — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

HLXHelix Energy Solutions Group, Inc.
FY 2025
Renewables
85.0%$157M
Service, Other
15.0%$28M
TPVGTriplePoint Venture Growth BDC Corp.

Segment breakdown not available.

CLOVClover Health Investments, Corp.
FY 2025
Insurance Segment
100.0%$50M
HRZNHorizon Technology Finance Corporation

Segment breakdown not available.

HLX vs TPVG vs CLOV vs HRZN — Financial Metrics

Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLHLXLAGGINGCLOV

Income & Cash Flow (Last 12 Months)

TPVG leads this category, winning 3 of 6 comparable metrics.

CLOV is the larger business by revenue, generating $2.2B annually — 55.1x HRZN's $40M. TPVG is the more profitable business, keeping 50.6% of every revenue dollar as net income compared to HRZN's -6.6%. On growth, CLOV holds the edge at +61.0% YoY revenue growth, suggesting stronger near-term business momentum.

MetricHLX logoHLXHelix Energy Solu…TPVG logoTPVGTriplePoint Ventu…CLOV logoCLOVClover Health Inv…HRZN logoHRZNHorizon Technolog…
RevenueTrailing 12 months$1.3B$97M$2.2B$40M
EBITDAEarnings before interest/tax$177M-$22M-$60M$19M
Net IncomeAfter-tax profit$14M-$12M-$57M$28M
Free Cash FlowCash after capex$167M-$59M$55M$67M
Gross MarginGross profit ÷ Revenue+10.8%+83.5%+18.2%+18.0%
Operating MarginEBIT ÷ Revenue+3.4%+77.9%-2.8%-4.0%
Net MarginNet income ÷ Revenue+1.1%+50.6%-2.6%-6.6%
FCF MarginFCF ÷ Revenue+12.9%-58.7%+2.5%+141.5%
Rev. Growth (YoY)Latest quarter vs prior year+3.6%+61.0%
EPS Growth (YoY)Latest quarter vs prior year-5.5%-2.3%-29.6%
TPVG leads this category, winning 3 of 6 comparable metrics.

Valuation Metrics

HRZN leads this category, winning 4 of 7 comparable metrics.

At 4.0x trailing earnings, HRZN trades at a 92% valuation discount to HLX's 47.9x P/E. Adjusting for growth (PEG ratio), HRZN offers better value at 0.17x vs HLX's 4.75x — a lower PEG means you pay less per unit of expected earnings growth.

MetricHLX logoHLXHelix Energy Solu…TPVG logoTPVGTriplePoint Ventu…CLOV logoCLOVClover Health Inv…HRZN logoHRZNHorizon Technolog…
Market CapShares × price$1.5B$238M$1.8B$188M
Enterprise ValueMkt cap + debt − cash$1.7B$686M$1.7B$555M
Trailing P/EPrice ÷ TTM EPS47.86x4.80x-20.41x4.05x
Forward P/EPrice ÷ next-FY EPS est.36.15x6.28x89.66x5.98x
PEG RatioP/E ÷ EPS growth rate4.75x4.73x0.17x
EV / EBITDAEnterprise value multiple6.59x9.06x
Price / SalesMarket cap ÷ Revenue1.15x2.44x0.93x4.69x
Price / BookPrice ÷ Book value/share0.94x0.67x5.81x0.57x
Price / FCFMarket cap ÷ FCF12.29x3.31x
HRZN leads this category, winning 4 of 7 comparable metrics.

Profitability & Efficiency

HLX leads this category, winning 3 of 9 comparable metrics.

HRZN delivers a 9.0% return on equity — every $100 of shareholder capital generates $9 in annual profit, vs $-17 for CLOV. HLX carries lower financial leverage with a 0.40x debt-to-equity ratio, signaling a more conservative balance sheet compared to HRZN's 1.49x. On the Piotroski fundamental quality scale (0–9), HLX scores 6/9 vs CLOV's 2/9, reflecting solid financial health.

MetricHLX logoHLXHelix Energy Solu…TPVG logoTPVGTriplePoint Ventu…CLOV logoCLOVClover Health Inv…HRZN logoHRZNHorizon Technolog…
ROE (TTM)Return on equity+0.9%-3.4%-17.1%+9.0%
ROA (TTM)Return on assets+0.5%-1.5%-9.6%+3.6%
ROICReturn on invested capital+2.7%+7.2%-34.0%-0.2%
ROCEReturn on capital employed+2.8%+9.4%-24.5%-0.2%
Piotroski ScoreFundamental quality 0–96425
Debt / EquityFinancial leverage0.40x1.33x1.49x
Net DebtTotal debt minus cash$185M$449M-$78M$368M
Cash & Equiv.Liquid assets$445M$20M$78M$106M
Total DebtShort + long-term debt$630M$469M$0$473M
Interest CoverageEBIT ÷ Interest expense3.17x-1.02x0.60x
HLX leads this category, winning 3 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

HLX leads this category, winning 3 of 6 comparable metrics.

A $10,000 investment in HLX five years ago would be worth $18,998 today (with dividends reinvested), compared to $5,088 for CLOV. Over the past 12 months, HLX leads with a +51.8% total return vs HRZN's -27.6%. The 3-year compound annual growth rate (CAGR) favors CLOV at 52.8% vs HRZN's -13.3% — a key indicator of consistent wealth creation.

MetricHLX logoHLXHelix Energy Solu…TPVG logoTPVGTriplePoint Ventu…CLOV logoCLOVClover Health Inv…HRZN logoHRZNHorizon Technolog…
YTD ReturnYear-to-date+57.0%-8.4%+44.0%-30.7%
1-Year ReturnPast 12 months+51.8%+3.8%+1.8%-27.6%
3-Year ReturnCumulative with dividends+49.8%-7.0%+256.8%-34.8%
5-Year ReturnCumulative with dividends+90.0%-14.2%-49.1%-33.3%
10-Year ReturnCumulative with dividends+37.9%+96.0%-66.0%+42.7%
CAGR (3Y)Annualised 3-year return+14.4%-2.4%+52.8%-13.3%
HLX leads this category, winning 3 of 6 comparable metrics.

Risk & Volatility

Evenly matched — HLX and TPVG each lead in 1 of 2 comparable metrics.

TPVG is the less volatile stock with a 0.70 beta — it tends to amplify market swings less than CLOV's 1.36 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. HLX currently trades 93.5% from its 52-week high vs HRZN's 50.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricHLX logoHLXHelix Energy Solu…TPVG logoTPVGTriplePoint Ventu…CLOV logoCLOVClover Health Inv…HRZN logoHRZNHorizon Technolog…
Beta (5Y)Sensitivity to S&P 5000.78x0.70x1.36x0.83x
52-Week HighHighest price in past year$10.75$7.53$3.92$8.46
52-Week LowLowest price in past year$5.52$4.48$1.58$3.80
% of 52W HighCurrent price vs 52-week peak+93.5%+77.7%+88.5%+50.2%
RSI (14)Momentum oscillator 0–10057.660.582.350.3
Avg Volume (50D)Average daily shares traded1.8M472K6.1M984K
Evenly matched — HLX and TPVG each lead in 1 of 2 comparable metrics.

Analyst Outlook

HRZN leads this category, winning 1 of 1 comparable metric.

Analyst consensus: HLX as "Buy", TPVG as "Hold", CLOV as "Hold", HRZN as "Hold". Consensus price targets imply 53.0% upside for TPVG (target: $9) vs -4.0% for CLOV (target: $3). For income investors, HRZN offers the higher dividend yield at 29.50% vs TPVG's 17.52%.

MetricHLX logoHLXHelix Energy Solu…TPVG logoTPVGTriplePoint Ventu…CLOV logoCLOVClover Health Inv…HRZN logoHRZNHorizon Technolog…
Analyst RatingConsensus buy/hold/sellBuyHoldHoldHold
Price TargetConsensus 12-month target$14.00$8.95$3.33$6.50
# AnalystsCovering analysts2212922
Dividend YieldAnnual dividend ÷ price+17.5%+29.5%
Dividend StreakConsecutive years of raises000
Dividend / ShareAnnual DPS$1.02$1.25
Buyback YieldShare repurchases ÷ mkt cap+2.0%0.0%+3.1%0.0%
HRZN leads this category, winning 1 of 1 comparable metric.
Key Takeaway

HRZN leads in 2 of 6 categories (Valuation Metrics, Analyst Outlook). HLX leads in 2 (Profitability & Efficiency, Total Returns). 1 tied.

Best OverallHelix Energy Solutions Grou… (HLX)Leads 2 of 6 categories
Loading custom metrics...

HLX vs TPVG vs CLOV vs HRZN: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is HLX or TPVG or CLOV or HRZN a better buy right now?

For growth investors, Clover Health Investments, Corp.

(CLOV) is the stronger pick with 40. 3% revenue growth year-over-year, versus -4. 9% for Helix Energy Solutions Group, Inc. (HLX). Horizon Technology Finance Corporation (HRZN) offers the better valuation at 4. 0x trailing P/E (6. 0x forward), making it the more compelling value choice. Analysts rate Helix Energy Solutions Group, Inc. (HLX) a "Buy" — based on 22 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — HLX or TPVG or CLOV or HRZN?

On trailing P/E, Horizon Technology Finance Corporation (HRZN) is the cheapest at 4.

0x versus Helix Energy Solutions Group, Inc. at 47. 9x. On forward P/E, Horizon Technology Finance Corporation is actually cheaper at 6. 0x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Horizon Technology Finance Corporation wins at 0. 25x versus TriplePoint Venture Growth BDC Corp. 's 6. 20x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

03

Which is the better long-term investment — HLX or TPVG or CLOV or HRZN?

Over the past 5 years, Helix Energy Solutions Group, Inc.

(HLX) delivered a total return of +90. 0%, compared to -49. 1% for Clover Health Investments, Corp. (CLOV). Over 10 years, the gap is even starker: TPVG returned +96. 0% versus CLOV's -66. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — HLX or TPVG or CLOV or HRZN?

By beta (market sensitivity over 5 years), TriplePoint Venture Growth BDC Corp.

(TPVG) is the lower-risk stock at 0. 70β versus Clover Health Investments, Corp. 's 1. 36β — meaning CLOV is approximately 95% more volatile than TPVG relative to the S&P 500. On balance sheet safety, Helix Energy Solutions Group, Inc. (HLX) carries a lower debt/equity ratio of 40% versus 149% for Horizon Technology Finance Corporation — giving it more financial flexibility in a downturn.

05

Which is growing faster — HLX or TPVG or CLOV or HRZN?

By revenue growth (latest reported year), Clover Health Investments, Corp.

(CLOV) is pulling ahead at 40. 3% versus -4. 9% for Helix Energy Solutions Group, Inc. (HLX). On earnings-per-share growth, the picture is similar: Horizon Technology Finance Corporation grew EPS 756. 3% year-over-year, compared to -93. 6% for Clover Health Investments, Corp.. Over a 3-year CAGR, CLOV leads at 20. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — HLX or TPVG or CLOV or HRZN?

TriplePoint Venture Growth BDC Corp.

(TPVG) is the more profitable company, earning 50. 6% net margin versus -6. 6% for Horizon Technology Finance Corporation — meaning it keeps 50. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TPVG leads at 77. 9% versus -4. 4% for CLOV. At the gross margin level — before operating expenses — TPVG leads at 83. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is HLX or TPVG or CLOV or HRZN more undervalued right now?

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Horizon Technology Finance Corporation (HRZN) is the more undervalued stock at a PEG of 0. 25x versus TriplePoint Venture Growth BDC Corp. 's 6. 20x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Horizon Technology Finance Corporation (HRZN) trades at 6. 0x forward P/E versus 89. 7x for Clover Health Investments, Corp. — 83. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TPVG: 53. 0% to $8. 95.

08

Which pays a better dividend — HLX or TPVG or CLOV or HRZN?

In this comparison, HRZN (29.

5% yield), TPVG (17. 5% yield) pay a dividend. HLX, CLOV do not pay a meaningful dividend and should not be held primarily for income.

09

Is HLX or TPVG or CLOV or HRZN better for a retirement portfolio?

For long-horizon retirement investors, TriplePoint Venture Growth BDC Corp.

(TPVG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 70), 17. 5% yield). Both have compounded well over 10 years (TPVG: +96. 0%, CLOV: -66. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between HLX and TPVG and CLOV and HRZN?

These companies operate in different sectors (HLX (Energy) and TPVG (Financial Services) and CLOV (Healthcare) and HRZN (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: HLX is a small-cap quality compounder stock; TPVG is a small-cap high-growth stock; CLOV is a small-cap high-growth stock; HRZN is a small-cap high-growth stock. TPVG, HRZN pay a dividend while HLX, CLOV do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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HLX

Quality Business

  • Sector: Energy
  • Market Cap > $100B
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TPVG

High-Growth Quality Leader

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 18%
  • Net Margin > 30%
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CLOV

High-Growth Disruptor

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 30%
Run This Screen
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HRZN

High-Growth Disruptor

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 8%
  • Dividend Yield > 11.7%
Run This Screen
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Beat Both

Find stocks that outperform HLX and TPVG and CLOV and HRZN on the metrics below

Revenue Growth>
%
(HLX: 3.6% · TPVG: 36.6%)
P/E Ratio<
x
(HLX: 47.9x · TPVG: 4.8x)

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