Heritage Global Inc.
General ticker "HGBL" information:
- Sector: Financials
- Industry: Capital Markets
- Capitalization: $70.2M (TTM average)
Heritage Global Inc. does not follow the US Stock Market performance with the rate: -16.9%.
Estimated limits based on current volatility of 2.7%: low 1.26$, high 1.34$
Factors to consider:
- Total employees count: 86 (+4.9%) as of 2024
- Top business risk factors: Economic downturns and volatility, Loan defaults, Operational and conduct risks, Acquisition/divestiture risks, Joint venture risks
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [1.05$, 2.12$]
- 2025-12-31 to 2026-12-31 estimated range: [1.13$, 2.22$]
Financial Metrics affecting the HGBL estimates:
- Positive: with PPE of 12.4 at the end of fiscal year the price was very low
- Positive: Operating profit margin, % of 19.99 > 18.64
- Negative: Inventory ratio change, % of 2.65 > 0.84
- Negative: negative Industry operating cash flow (median)
- Positive: 6.82 < Operating cash flow per share per price, % of 12.04
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 5.99
- Positive: Shareholder equity ratio, % of 80.19 > 63.39
- Negative: -0.15 < Industry inventory ratio change (median), % of 0
Short-term HGBL quotes
Long-term HGBL plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $46.91MM | $61.60MM | $45.36MM |
| Operating Expenses | $35.79MM | $47.28MM | $36.30MM |
| Operating Income | $11.12MM | $14.32MM | $9.07MM |
| Non-Operating Income | $-0.11MM | $-0.32MM | $-0.09MM |
| Interest Expense | $0.11MM | $0.00MM | $0.09MM |
| Income(Loss) | $11.01MM | $13.99MM | $8.97MM |
| Taxes | $-4.49MM | $1.52MM | $3.79MM |
| Profit(Loss)* | $15.49MM | $12.47MM | $5.18MM |
| Stockholders Equity | $48.30MM | $61.08MM | $65.20MM |
| Inventory | $4.62MM | $5.07MM | $5.35MM |
| Assets | $67.56MM | $83.17MM | $81.31MM |
| Operating Cash Flow | $6.48MM | $13.02MM | $7.75MM |
| Capital expenditure | $0.21MM | $0.26MM | $0.14MM |
| Investing Cash Flow | $-7.52MM | $-15.87MM | $10.87MM |
| Financing Cash Flow | $0.08MM | $2.46MM | $-9.15MM |
| Earnings Per Share** | $0.43 | $0.34 | $0.14 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.