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CHY vs HBNC

CHY
Calamos Convertible and High Income Fund
BULLISH
Price
$11.40
Market Cap
$912.3M
Sector
Financial Services
AI Confidence
70%
HBNC
Horizon Bancorp, Inc.
NEUTRAL
Price
$17.70
Market Cap
$906.7M
Sector
Financial Services
AI Confidence
80%

Valuation

P/E Ratio
CHY
4.87
HBNC
--
Forward P/E
CHY
--
HBNC
8.08
P/B Ratio
CHY
0.97
HBNC
1.32
P/S Ratio
CHY
41.76
HBNC
-31.41
EV/EBITDA
CHY
--
HBNC
--

Profitability

Gross Margin
CHY
100.0%
HBNC
0.0%
Operating Margin
CHY
38.65%
HBNC
47.27%
Profit Margin
CHY
851.23%
HBNC
0.0%
ROE
CHY
21.11%
HBNC
-20.73%
ROA
CHY
0.49%
HBNC
-2.11%

Growth

Revenue Growth
CHY
-28.5%
HBNC
218.7%
Earnings Growth
CHY
174.0%
HBNC
--

Financial Health

Debt/Equity
CHY
0.5
HBNC
--
Current Ratio
CHY
5.05
HBNC
--
Quick Ratio
CHY
0.91
HBNC
--

Dividends

Dividend Yield
CHY
10.66%
HBNC
3.62%
Payout Ratio
CHY
51.28%
HBNC
54.7%

AI Verdict

CHY BULLISH

CHY shows bullish fundamentals based on deterministic rules. Financial strength is strong (F-Score 6/9). Key strengths include strong valuation and growth metrics.

Strengths
Attractive valuation with P/E of 4.9
Undervalued vs Graham Number ($25.06)
Strong profitability (851.2% margin)
Risks
Declining revenue (-28.5%)
HBNC NEUTRAL

HBNC presents a stark contrast between poor fundamental health and attractive valuation. The Piotroski F-Score of 2/9 indicates significant financial weakness, further evidenced by a negative ROE of -20.73% and ROA of -2.11%. While the forward P/E of 8.08 and analyst target of $20.80 suggest value, the disconnect between massive revenue growth (218.7%) and declining EPS growth (-18.5%) suggests inefficient scaling or high acquisition costs. The stock is currently a high-risk value play with deteriorating internal health metrics.

Strengths
Low forward P/E ratio of 8.08
Strong history of earnings beats (3 of last 4 quarters)
Significant recent price momentum (1Y change +41.5%)
Risks
Critically low Piotroski F-Score (2/9) indicating poor financial health
Negative Return on Equity (-20.73%) and Return on Assets (-2.11%)
Sharp decline in Q/Q EPS growth (-67.5%)

Compare Another Pair

CHY vs HBNC: Head-to-Head Comparison

This page compares Calamos Convertible and High Income Fund (CHY) and Horizon Bancorp, Inc. (HBNC) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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