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.
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News
-
Heritage Global to Announce First Quarter 2024 Results and Host Webcast on Thursday, May 9, 2024
-
Heritage Global Inc. to Attend the Planet MicroCap Showcase: VEGAS 2024
-
Heritage Global Inc. Reports Full Year 2023 Operating Income of $14.3 Million; Achieves $4.6 Million in Operating Income for Fourth Quarter 2023
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Planet MicroCap Review Magazine for Winter/Spring 2024 Now Online
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Heritage Global to Announce Fourth Quarter and Year-End 2023 Results and Host Webcast on Thursday, March 14, 2024
Trading Information
- Previous Close Price
- $2.51
- Day Range
- $2.47–2.54
- 52-Week Range
- $2.33–4.08
- Bid/Ask
- $2.50 / $2.52
- Market Cap
- $93.53 Mil
- Volume/Avg
- 30,263 / 76,656
Key Statistics
- Price/Earnings (Normalized)
- 7.61
- Price/Sales
- 1.56
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 0.39%
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
|
601236
|
600927
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.61 | 109.59 | 26.62 |
Price/Book Value | 1.51 | 1.49 | 1.57 |
Price/Sales | 1.56 | 27.18 | 0.78 |
Price/Cash Flow | 6.73 | 30.52 | — |
Price/Earnings
HGBL
601236
600927
Financial Strength
|
Metric
|
HGBL
|
601236
|
600927
|
|---|---|---|---|
Quick Ratio | 1.41 | — | — |
Current Ratio | 1.78 | — | — |
Interest Coverage | 44.19 | — | — |
Quick Ratio
HGBL
601236
600927
Profitability
|
Metric
|
HGBL
|
601236
|
600927
|
|---|---|---|---|
Return on Assets (Normalized) | 16.85% | 0.66% | 1.09% |
Return on Equity (Normalized) | 24.27% | 1.30% | 6.17% |
Return on Invested Capital (Normalized) | 21.07% | — | — |
Return on Assets
HGBL
601236
600927
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