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NASDAQ: HGBL
Heritage Global Inc Stock

$2.24+0.02 (+0.9%)
Updated May 14, 2024
HGBL Price
$2.24
Fair Value Price
$6.73
Market Cap
$83.64M
52 Week Low
$2.12
52 Week High
$4.08
P/E
7.23x
P/B
1.33x
P/S
1.72x
PEG
0.39x
Dividend Yield
N/A
Revenue
$56.09M
Earnings
$11.45M
Gross Margin
68%
Operating Margin
23.15%
Profit Margin
20.4%
Debt to Equity
0.33
Operating Cash Flow
$6M
Beta
0.5
Next Earnings
Jun 5, 2024
Ex-Dividend
N/A
Next Dividend
N/A

HGBL Overview

Heritage Global, Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company provides market making, acquisitions, dispositions, valuations, and secured lending services. It focuses on identifying, valuing, acquiring, and monetizing underlying tangible and intangible assets. Heritage Global Inc. acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; accounts receivable portfolios; intellectual property; and business enterprises. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global, Inc. in August 2013. Heritage Global, Inc. was incorporated in 1983 and is headquartered in San Diego, California.

Zen Score

–
Industry Average (30)
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Due Diligence Checks

HGBL ($2.24) is undervalued by 66.73% relative to our estimate of its Fair Value price of $6.73 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
HGBL ($2.24) is significantly undervalued by 66.73% relative to our estimate of its Fair Value price of $6.73 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
HGBL ($2.24) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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HGBL News

Valuation

HGBL fair value

Fair Value of HGBL stock based on Discounted Cash Flow (DCF)
Price
$2.24
Fair Value
$6.73
Undervalued by
66.73%
HGBL ($2.24) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HGBL ($2.24) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
HGBL ($2.24) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

HGBL price to earnings (PE)

For valuing profitable companies with steady earnings
Company
7.23x
Industry
14.66x
Market
30.29x
HGBL is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
HGBL is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

HGBL price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.33x
Industry
1.93x
HGBL is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HGBL price to earnings growth (PEG)

For valuing profitable companies with growth potential
HGBL is good value based... subscribe to Premium to read more.
PEG Value Valuation

HGBL's financial health

Profit margin

Revenue
$12.2M
Net Income
$1.8M
Profit Margin
14.8%
HGBL's Earnings (EBIT) of $12.98M... subscribe to Premium to read more.
Interest Coverage Financials
HGBL's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$83.7M
Liabilities
$20.7M
Debt to equity
0.33
HGBL's short-term assets ($28.87M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HGBL's short-term assets ($28.87M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
HGBL's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
HGBL's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$1.7M
Investing
$2.1M
Financing
-$497.0k
HGBL's operating cash flow ($5.75M)... subscribe to Premium to read more.
Debt Coverage Financials

HGBL vs Capital Market Stocks

TickerMarket Cap1d %P/EP/B
HGBL$83.64M+0.90%7.23x1.33x
MDBH$81.99M-4.13%-5.44x2.43x
SRL$88.93M0.00%92.31x0.38x
SIEB$92.01M+4.52%11.00x1.32x
MFH$95.49M+7.02%-7.85x5.35x

Heritage Global Stock FAQ

What is Heritage Global's quote symbol?

(NASDAQ: HGBL) Heritage Global trades on the NASDAQ under the ticker symbol HGBL. Heritage Global stock quotes can also be displayed as NASDAQ: HGBL.

If you're new to stock investing, here's how to buy Heritage Global stock.

What is the 52 week high and low for Heritage Global (NASDAQ: HGBL)?

(NASDAQ: HGBL) Heritage Global's 52-week high was $4.08, and its 52-week low was $2.12. It is currently -45.1% from its 52-week high and 5.66% from its 52-week low.

How much is Heritage Global stock worth today?

(NASDAQ: HGBL) Heritage Global currently has 37,341,185 outstanding shares. With Heritage Global stock trading at $2.24 per share, the total value of Heritage Global stock (market capitalization) is $83.64M.

Heritage Global stock was originally listed at a price of $3.55 in Sep 1, 2020. If you had invested in Heritage Global stock at $3.55, your return over the last 3 years would have been -36.9%, for an annualized return of -14.23% (not including any dividends or dividend reinvestments).

How much is Heritage Global's stock price per share?

(NASDAQ: HGBL) Heritage Global stock price per share is $2.24 today (as of May 14, 2024).

What is Heritage Global's Market Cap?

(NASDAQ: HGBL) Heritage Global's market cap is $83.64M, as of May 15, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Heritage Global's market cap is calculated by multiplying HGBL's current stock price of $2.24 by HGBL's total outstanding shares of 37,341,185.
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