Heritage Global Inc HGBL
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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if HGBL is a good fit for your portfolio.
News
-
Heritage Global to Announce Second Quarter 2024 Results and Host Webcast on Thursday, August 8, 2024
-
Heritage Global Partners and Integra Asset Solutions Host Exclusive Online Auction Featuring Furniture Manufacturing Equipment from Flexsteel Industries
-
Heritage Global Inc. Reports First Quarter 2024 Results
-
Heritage Global Partners to Host Exclusive Online Auction of Solar Assets by Order of US Bankruptcy Court
Trading Information
- Previous Close Price
- $2.37
- Day Range
- $2.38–2.42
- 52-Week Range
- $2.12–3.89
- Bid/Ask
- $2.32 / $2.97
- Market Cap
- $90.37 Mil
- Volume/Avg
- 10,545 / 66,276
Key Statistics
- Price/Earnings (Normalized)
- 8.05
- Price/Sales
- 1.62
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 0.40%
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 aids in facilitating the economy by diverting useful industrial assets from landfills and operating a supply chain by overseeing the post-sale account activity of financial assets. The group operates in four segments namely Auction and Liquidation; Refurbishment and Resale; Brokerage and Specialty Lending. It generates maximum revenue from the Auction and Liquidation segment. The Auction and Liquidation segment, through HGP, operates as a global full-service auction, appraisal, and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment.
- Sector
- Financial Services
- Industry
- Capital Markets
- Stock Style Box
- Small Core
- Total Number of Employees
- 82
- Website
- https://www.hginc.com
Comparables
Valuation
Metric
|
HGBL
|
600927
|
601236
|
---|---|---|---|
Price/Earnings (Normalized) | 8.05 | 28.22 | 101.95 |
Price/Book Value | 1.42 | 1.32 | 1.37 |
Price/Sales | 1.62 | 0.73 | 26.84 |
Price/Cash Flow | 7.45 | — | 42.67 |
Price/Earnings
HGBL
600927
601236
Financial Strength
Metric
|
HGBL
|
600927
|
601236
|
---|---|---|---|
Quick Ratio | 1.70 | — | — |
Current Ratio | 2.07 | — | — |
Interest Coverage | 37.31 | — | — |
Quick Ratio
HGBL
600927
601236
Profitability
Metric
|
HGBL
|
600927
|
601236
|
---|---|---|---|
Return on Assets (Normalized) | 14.99% | 0.88% | 0.43% |
Return on Equity (Normalized) | 21.32% | 4.74% | 0.85% |
Return on Invested Capital (Normalized) | 18.60% | — | — |
Return on Assets
HGBL
600927
601236
Capital Markets Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
Morgan Stanley
MS
| Sxjgjrnyf | Ykjzdm | $168.7 Bil | |||
The Goldman Sachs Group Inc
GS
| Lmpypppm | Lmrbx | $160.9 Bil | |||
Charles Schwab Corp
SCHW
| Lrlrmlbncg | Dgwfm | $121.8 Bil | |||
Raymond James Financial Inc
RJF
| Rnxddvnj | Vmscqb | $24.0 Bil | |||
Tradeweb Markets Inc
TW
| Ngsrtybyym | Slkfk | $22.8 Bil | |||
LPL Financial Holdings Inc
LPLA
| Tfjwypqm | Rgcnvgh | $16.5 Bil | |||
Interactive Brokers Group Inc Class A
IBKR
| Vwcqvgzfp | Dwnrcd | $12.7 Bil | |||
Evercore Inc Class A
EVR
| Cysdnmpp | Mmgfrh | $9.6 Bil | |||
Stifel Financial Corp
SF
| Qxlgxngv | Vhfbpw | $9.0 Bil | |||
MarketAxess Holdings Inc
MKTX
| Njnvlcjjd | Cyzw | $8.6 Bil |