Heritage Global Inc HGBL

Morningstar Rating
$1.25 −0.03 (2.34%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HGBL is trading within a range we consider fairly valued.
Price
$1.25
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
$1.28
Day Range
$1.25–1.27
52-Week Range
$1.01–1.63
Bid/Ask
$1.25 / $1.29
Shares Outstanding
34.64M
Market Cap
$43.30M
Volume/Avg
22,553 / 184,551

Key Statistics

Price/Earnings (Normalized)
13.89
Price/Sales
0.90
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
0.64%

Company Profile

Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It operates in four segments. The Auction and Liquidation segment, which operates as a full-service auction, appraisal, and asset advisory firm, includes the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment & Resale segment acquires, refurbishes, and supplies specialized laboratory equipment. Brokerage segment, through NLEX, brokers charged-off receivables in the U.S. and Canada on behalf of financial institutions. The Specialty Lending segment, which provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios.
Sector
Financial Services
Industry
Capital Markets
Stock Style Box
Small Value
Total Number of Employees
84

Valuation

Metric
HGBL
Price/Earnings (Normalized)
13.89
Price/Book Value
0.83
Price/Sales
0.90
Price/Cash Flow
8.43
Price/Earnings
HGBL

Financial Strength

Metric
HGBL
Quick Ratio
1.22
Current Ratio
1.69
Interest Coverage
−713.08
Quick Ratio
HGBL

Profitability

Metric
HGBL
Return on Assets (Normalized)
−16.35%
Return on Equity (Normalized)
−21.43%
Return on Invested Capital (Normalized)
−19.63%
Return on Assets
HGBL

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