Heritage Global Inc. (HGBL)
NASDAQ: HGBL · IEX Real-Time Price · USD
2.490
-0.050 (-1.97%)
Apr 19, 2024, 4:30 PM EDT - Market closed

Heritage Global Statistics

Total Valuation

HGBL has a market cap or net worth of $92.52 million. The enterprise value is $90.12 million.

Market Cap 92.52M
Enterprise Value 90.12M

Important Dates

The next estimated earnings date is Thursday, May 9, 2024, after market close.

Earnings Date May 9, 2024
Ex-Dividend Date n/a

Share Statistics

HGBL has 37.16 million shares outstanding. The number of shares has increased by 1.32% in one year.

Shares Outstanding 37.16M
Shares Change (YoY) +1.32%
Shares Change (QoQ) -0.30%
Owned by Insiders (%) 16.08%
Owned by Institutions (%) 33.67%
Float 27.98M

Valuation Ratios

The trailing PE ratio is 7.55 and the forward PE ratio is 7.71.

PE Ratio 7.55
Forward PE 7.71
PS Ratio 1.53
Forward PS 1.45
PB Ratio 1.51
P/FCF Ratio 7.25
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.82, with an EV/FCF ratio of 7.06.

EV / Earnings 7.22
EV / Sales 1.49
EV / EBITDA 5.82
EV / EBIT 6.29
EV / FCF 7.06

Financial Position

The company has a current ratio of 1.78, with a Debt / Equity ratio of 0.16.

Current Ratio 1.78
Quick Ratio 1.41
Debt / Equity 0.16
Debt / EBITDA 0.64
Debt / FCF 0.77
Interest Coverage 44.19

Financial Efficiency

Return on equity (ROE) is 22.40% and return on invested capital (ROIC) is 16.66%.

Return on Equity (ROE) 22.40%
Return on Assets (ROA) 15.40%
Return on Capital (ROIC) 16.66%
Revenue Per Employee $738,354
Profits Per Employee $152,134
Employee Count 82
Asset Turnover 0.75
Inventory Turnover 4.28

Taxes

In the past 12 months, HGBL has paid $1.52 million in taxes.

Income Tax 1.52M
Effective Tax Rate 10.86%

Stock Price Statistics

The stock price has decreased by -16.72% in the last 52 weeks. The beta is 1.23, so HGBL's price volatility has been higher than the market average.

Beta (1Y) 1.23
52-Week Price Change -16.72%
50-Day Moving Average 2.77
200-Day Moving Average 3.02
Relative Strength Index (RSI) 28.17
Average Volume (30 Days) 76,314

Short Selling Information

The latest short interest is 60,643, so 0.16% of the outstanding shares have been sold short.

Short Interest 60,643
Short Previous Month 55,849
Short % of Shares Out 0.16%
Short % of Float 0.22%
Short Ratio (days to cover) 0.72

Income Statement

In the last 12 months, HGBL had revenue of $60.55 million and earned $12.48 million in profits. Earnings per share was $0.33.

Revenue 60.55M
Gross Profit 39.81M
Operating Income 13.26M
Pretax Income 14.00M
Net Income 12.48M
EBITDA 15.48M
EBIT 14.32M
Earnings Per Share (EPS) $0.33
Full Income Statement

Balance Sheet

The company has $12.28 million in cash and $9.88 million in debt, giving a net cash position of $2.40 million or $0.06 per share.

Cash & Cash Equivalents 12.28M
Total Debt 9.88M
Net Cash 2.40M
Net Cash Per Share $0.06
Equity / Book Value 61.08M
Book Value Per Share 1.64
Working Capital 11.56M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $13.02 million and capital expenditures -$257,000, giving a free cash flow of $12.76 million.

Operating Cash Flow 13.02M
Capital Expenditures -257,000
Free Cash Flow 12.76M
FCF Per Share $0.35
Full Cash Flow Statement

Margins

Gross margin is 65.76%, with operating and profit margins of 21.90% and 20.60%.

Gross Margin 65.76%
Operating Margin 21.90%
Pretax Margin 23.12%
Profit Margin 20.60%
EBITDA Margin 25.56%
EBIT Margin 23.65%
FCF Margin 21.08%

Dividends & Yields

HGBL does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.32%
Shareholder Yield -1.32%
Earnings Yield 13.48%
FCF Yield 13.80%

Analyst Forecast

The average price target for HGBL is $6.00, which is 140.96% higher than the current price. The consensus rating is "Strong Buy".

Price Target $6.00
Price Target Difference 140.96%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on December 9, 2003. It was a reverse split with a ratio of 1:20.

Last Split Date Dec 9, 2003
Split Type Reverse
Split Ratio 1:20

Scores

HGBL has an Altman Z-Score of 0.05 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.05
Piotroski F-Score 6