HERITAGE GLOBAL INC (HGBL) Stock Fundamental Analysis

NASDAQ:HGBL • US42727E1038

1.28 USD
+0.02 (+1.19%)
Last: Feb 26, 2026, 08:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to HGBL. HGBL was compared to 238 industry peers in the Capital Markets industry. Both the profitability and the financial health of HGBL get a neutral evaluation. Nothing too spectacular is happening here. HGBL has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • HGBL had positive earnings in the past year.
  • In the past year HGBL has reported a negative cash flow from operations.
  • In the past 5 years HGBL has always been profitable.
  • HGBL had a positive operating cash flow in 4 of the past 5 years.
HGBL Yearly Net Income VS EBIT VS OCF VS FCFHGBL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M 10M 15M

1.2 Ratios

  • HGBL's Return On Assets of 3.56% is in line compared to the rest of the industry. HGBL outperforms 57.14% of its industry peers.
  • The Return On Equity of HGBL (4.64%) is worse than 60.92% of its industry peers.
  • With a decent Return On Invested Capital value of 6.21%, HGBL is doing good in the industry, outperforming 76.05% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for HGBL is in line with the industry average of 7.31%.
Industry RankSector Rank
ROA 3.56%
ROE 4.64%
ROIC 6.21%
ROA(3y)14.77%
ROA(5y)14.4%
ROE(3y)20.15%
ROE(5y)20.41%
ROIC(3y)9.06%
ROIC(5y)7.53%
HGBL Yearly ROA, ROE, ROICHGBL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

1.3 Margins

  • HGBL's Profit Margin of 6.18% is on the low side compared to the rest of the industry. HGBL is outperformed by 69.33% of its industry peers.
  • HGBL's Profit Margin has declined in the last couple of years.
  • HGBL has a Operating Margin of 12.31%. This is in the lower half of the industry: HGBL underperforms 63.03% of its industry peers.
  • HGBL's Operating Margin has improved in the last couple of years.
  • HGBL has a better Gross Margin (62.47%) than 69.75% of its industry peers.
  • HGBL's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 12.31%
PM (TTM) 6.18%
GM 62.47%
OM growth 3Y13.35%
OM growth 5Y10.34%
PM growth 3Y-1.15%
PM growth 5Y-5.18%
GM growth 3Y-1.1%
GM growth 5Y-0.45%
HGBL Yearly Profit, Operating, Gross MarginsHGBL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • Compared to 1 year ago, HGBL has less shares outstanding
  • The number of shares outstanding for HGBL has been increased compared to 5 years ago.
  • The debt/assets ratio for HGBL has been reduced compared to a year ago.
HGBL Yearly Shares OutstandingHGBL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
HGBL Yearly Total Debt VS Total AssetsHGBL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

2.2 Solvency

  • HGBL has an Altman-Z score of -1.26. This is a bad value and indicates that HGBL is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of -1.26, HGBL is doing worse than 87.39% of the companies in the same industry.
  • A Debt/Equity ratio of 0.06 indicates that HGBL is not too dependend on debt financing.
  • HGBL has a Debt to Equity ratio of 0.06. This is in the better half of the industry: HGBL outperforms 79.83% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF N/A
Altman-Z -1.26
ROIC/WACCN/A
WACCN/A
HGBL Yearly LT Debt VS Equity VS FCFHGBL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M

2.3 Liquidity

  • HGBL has a Current Ratio of 2.29. This indicates that HGBL is financially healthy and has no problem in meeting its short term obligations.
  • HGBL has a better Current ratio (2.29) than 78.15% of its industry peers.
  • A Quick Ratio of 1.89 indicates that HGBL should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.89, HGBL is in the better half of the industry, outperforming 73.95% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.29
Quick Ratio 1.89
HGBL Yearly Current Assets VS Current LiabilitesHGBL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • HGBL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -67.86%.
  • HGBL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.44% yearly.
  • Looking at the last year, HGBL shows a small growth in Revenue. The Revenue has grown by 0.02% in the last year.
  • Measured over the past years, HGBL shows a quite strong growth in Revenue. The Revenue has been growing by 11.63% on average per year.
EPS 1Y (TTM)-67.86%
EPS 3Y15.87%
EPS 5Y1.44%
EPS Q2Q%-33.33%
Revenue 1Y (TTM)0.02%
Revenue growth 3Y20.71%
Revenue growth 5Y11.63%
Sales Q2Q%9.13%

3.2 Future

  • Based on estimates for the next years, HGBL will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.49% on average per year.
  • Based on estimates for the next years, HGBL will show a small growth in Revenue. The Revenue will grow by 5.66% on average per year.
EPS Next Y-8.93%
EPS Next 2Y8.81%
EPS Next 3Y13.37%
EPS Next 5Y14.49%
Revenue Next Year10.04%
Revenue Next 2Y7.66%
Revenue Next 3Y6.1%
Revenue Next 5Y5.66%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
HGBL Yearly Revenue VS EstimatesHGBL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20M 40M 60M
HGBL Yearly EPS VS EstimatesHGBL Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0.1 0.2 0.3

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 14.22, HGBL is valued correctly.
  • Compared to the rest of the industry, the Price/Earnings ratio of HGBL is on the same level as its industry peers.
  • The average S&P500 Price/Earnings ratio is at 27.21. HGBL is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 7.72, which indicates a rather cheap valuation of HGBL.
  • 84.87% of the companies in the same industry are more expensive than HGBL, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 28.13. HGBL is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 14.22
Fwd PE 7.72
HGBL Price Earnings VS Forward Price EarningsHGBL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HGBL indicates a rather cheap valuation: HGBL is cheaper than 94.12% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 4.3
HGBL Per share dataHGBL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1 1.5

4.3 Compensation for Growth

  • HGBL's earnings are expected to grow with 13.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)9.91
EPS Next 2Y8.81%
EPS Next 3Y13.37%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for HGBL!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

HERITAGE GLOBAL INC

NASDAQ:HGBL (2/26/2026, 8:00:02 PM)

1.28

+0.02 (+1.19%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-06
Earnings (Next)03-12
Inst Owners39.37%
Inst Owner Change2.96%
Ins Owners13.03%
Ins Owner Change-0.23%
Market Cap44.47M
Revenue(TTM)49.89M
Net Income(TTM)3.08M
Analysts82
Price Target3.55 (177.34%)
Short Float %1.29%
Short Ratio1.08
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-17.82%
Min EPS beat(2)-50.98%
Max EPS beat(2)15.34%
EPS beat(4)1
Avg EPS beat(4)-44.55%
Min EPS beat(4)-121.01%
Max EPS beat(4)15.34%
EPS beat(8)2
Avg EPS beat(8)-20.32%
EPS beat(12)5
Avg EPS beat(12)-3.06%
EPS beat(16)7
Avg EPS beat(16)-0.45%
Revenue beat(2)1
Avg Revenue beat(2)-0.62%
Min Revenue beat(2)-14.81%
Max Revenue beat(2)13.58%
Revenue beat(4)2
Avg Revenue beat(4)-1.14%
Min Revenue beat(4)-14.81%
Max Revenue beat(4)13.58%
Revenue beat(8)2
Avg Revenue beat(8)-7.92%
Revenue beat(12)5
Avg Revenue beat(12)-0.54%
Revenue beat(16)9
Avg Revenue beat(16)4.18%
PT rev (1m)1.16%
PT rev (3m)1.16%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-19.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4%
Valuation
Industry RankSector Rank
PE 14.22
Fwd PE 7.72
P/S 0.89
P/FCF N/A
P/OCF N/A
P/B 0.67
P/tB 0.8
EV/EBITDA 4.3
EPS(TTM)0.09
EY7.03%
EPS(NY)0.17
Fwd EY12.95%
FCF(TTM)-0.25
FCFYN/A
OCF(TTM)-0.03
OCFYN/A
SpS1.44
BVpS1.91
TBVpS1.61
PEG (NY)N/A
PEG (5Y)9.91
Graham Number1.97
Profitability
Industry RankSector Rank
ROA 3.56%
ROE 4.64%
ROCE 8.46%
ROIC 6.21%
ROICexc 8.48%
ROICexgc 10.6%
OM 12.31%
PM (TTM) 6.18%
GM 62.47%
FCFM N/A
ROA(3y)14.77%
ROA(5y)14.4%
ROE(3y)20.15%
ROE(5y)20.41%
ROIC(3y)9.06%
ROIC(5y)7.53%
ROICexc(3y)11.88%
ROICexc(5y)13.37%
ROICexgc(3y)15.54%
ROICexgc(5y)N/A
ROCE(3y)12.33%
ROCE(5y)10.25%
ROICexgc growth 3Y-7.36%
ROICexgc growth 5Y-37.82%
ROICexc growth 3Y8.82%
ROICexc growth 5Y-8.63%
OM growth 3Y13.35%
OM growth 5Y10.34%
PM growth 3Y-1.15%
PM growth 5Y-5.18%
GM growth 3Y-1.1%
GM growth 5Y-0.45%
F-Score4
Asset Turnover0.58
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF N/A
Debt/EBITDA 0.62
Cap/Depr 1551.08%
Cap/Sales 15.76%
Interest Coverage -31.03
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.29
Quick Ratio 1.89
Altman-Z -1.26
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)37.97%
Cap/Depr(5y)85.51%
Cap/Sales(3y)0.4%
Cap/Sales(5y)1.36%
Profit Quality(3y)96.52%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-67.86%
EPS 3Y15.87%
EPS 5Y1.44%
EPS Q2Q%-33.33%
EPS Next Y-8.93%
EPS Next 2Y8.81%
EPS Next 3Y13.37%
EPS Next 5Y14.49%
Revenue 1Y (TTM)0.02%
Revenue growth 3Y20.71%
Revenue growth 5Y11.63%
Sales Q2Q%9.13%
Revenue Next Year10.04%
Revenue Next 2Y7.66%
Revenue Next 3Y6.1%
Revenue Next 5Y5.66%
EBIT growth 1Y-32.72%
EBIT growth 3Y36.82%
EBIT growth 5Y23.17%
EBIT Next Year-23.12%
EBIT Next 3Y-0.09%
EBIT Next 5Y3.92%
FCF growth 1Y-154.69%
FCF growth 3YN/A
FCF growth 5Y62.57%
OCF growth 1Y-105.77%
OCF growth 3YN/A
OCF growth 5Y57.86%

HERITAGE GLOBAL INC / HGBL FAQ

What is the fundamental rating for HGBL stock?

ChartMill assigns a fundamental rating of 4 / 10 to HGBL.


Can you provide the valuation status for HERITAGE GLOBAL INC?

ChartMill assigns a valuation rating of 5 / 10 to HERITAGE GLOBAL INC (HGBL). This can be considered as Fairly Valued.


What is the profitability of HGBL stock?

HERITAGE GLOBAL INC (HGBL) has a profitability rating of 4 / 10.


What are the PE and PB ratios of HERITAGE GLOBAL INC (HGBL) stock?

The Price/Earnings (PE) ratio for HERITAGE GLOBAL INC (HGBL) is 14.22 and the Price/Book (PB) ratio is 0.67.


What is the financial health of HERITAGE GLOBAL INC (HGBL) stock?

The financial health rating of HERITAGE GLOBAL INC (HGBL) is 4 / 10.