Horizon Kinetics Asset Management LLC (HKHC) Quality Score
Valuation is the primary weakness (avg 45/100). No single area scores well.
Broad-market heuristics · Not a buy/sell signal
Valuation
Growth
Under 20x, reasonable relative to earnings
Negative FCF, no valuation support
Above 10% CAGR, strong compounder
FCF negative, burning cash after capex
Business Quality & Capital Allocation
Heavy dilution above 5%
Expanded 3+pp, strong improvement
Net cash position, no leverage concern
Below 8%, may not cover cost of capital
Horizon Kinetics Asset Management (HKHC) quality: score, margins and returns
Horizon Kinetics Asset Management (HKHC) scores 49/100 on Intrinsiqq's quality score (a mixed business), a weighted blend of 7 metrics each scored 0 to 100, on 6.0% operating margins and 0.9% ROIC. Every metric is computed from SEC filings; this is analysis, not investment advice.
Frequently asked
Is Horizon Kinetics Asset Management (HKHC) a high-quality business?+
Horizon Kinetics Asset Management scores 49 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which rates it a mixed business on these measures. Recent figures include a 6.0% operating margin and a 0.9% return on invested capital. Quality and price are separate questions: even a great business can be a poor investment if you overpay, so read this score alongside the valuation. The metric-by-metric breakdown is on this scorecard.
What does Horizon Kinetics Asset Management's quality score measure?+
Intrinsiqq's quality score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, change in share count, and balance-sheet strength, each computed from HKHC's SEC filings rather than opinion or sentiment. A higher score means a more durable, capital-efficient business; it is not a buy or sell signal. Open each metric on this page to see exactly where Horizon Kinetics Asset Management scores well and where it falls behind.
What is Horizon Kinetics Asset Management's return on invested capital (ROIC)?+
Horizon Kinetics Asset Management earns about 0.9% on its invested capital, which is weak. ROIC measures how much profit a company generates per dollar put to work; sustained ROIC above its cost of capital is one of the clearest signs of a real competitive moat. Compare it to HKHC's margins and growth on this scorecard to judge durability.
How profitable is Horizon Kinetics Asset Management?+
Horizon Kinetics Asset Management runs an operating margin of about 6.0% and a net margin of about 64.9%. Revenue has grown at roughly 20.3% a year recently. High, stable margins usually point to pricing power and operating discipline. Margins are most telling next to growth and returns on capital, all of which feed this quality score. This is analysis from SEC filings, not investment advice.
SourceQuality score computed from the 10-Q filed 13 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 14 Aug 2026. How this is calculated.
Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically. Checks use broad-market heuristics, so sector norms may differ, and the valuation checks are more cyclical than the quality checks.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.