Heritage Global Valuation
| HGBL Stock | USD 1.72 0.06 3.61% |
Based on Macroaxis valuation methodology, the firm appears to be undervalued. Heritage Global retains a regular Real Value of $2.63 per share. The prevalent price of the firm is $1.72. Our model calculates the value of Heritage Global from evaluating the firm fundamentals such as Current Valuation of 38.59 M, return on equity of 0.17, and Return On Asset of 0.066 as well as inspecting its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Heritage Global's valuation include:
Price Book 0.9399 | Enterprise Value 38.6 M | Enterprise Value Ebitda 3.5831 | Price Sales 1.2096 | Trailing PE 6.1481 |
Undervalued
Today
Please note that Heritage Global's price fluctuation is relatively risky at this time. Calculation of the real value of Heritage Global is based on 3 months time horizon. Increasing Heritage Global's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Heritage stock is determined by what a typical buyer is willing to pay for full or partial control of Heritage Global. Since Heritage Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Heritage Stock. However, Heritage Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 1.72 | Real 2.63 | Target 5.67 | Hype 1.72 | Naive 1.74 |
The intrinsic value of Heritage Global's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Heritage Global's stock price.
Estimating the potential upside or downside of Heritage Global helps investors to forecast how Heritage stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Heritage Global more accurately as focusing exclusively on Heritage Global's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Heritage Global's intrinsic value based on its ongoing forecasts of Heritage Global's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Heritage Global's closest peers.
Heritage Global Cash |
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Heritage Valuation Trend
Knowing Heritage Global's actual value is paramount for traders when making sound investment determinations. Using both Heritage Global's enterprise value as well as its market capitalization is the best way to estimate the value of the company and is usually enough for investors to make market timing decisions.
Heritage Global Total Value Analysis
Heritage Global is currently forecasted to have valuation of 38.59 M with market capitalization of 60.33 M, debt of 9.88 M, and cash on hands of 16.08 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Heritage Global fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
38.59 M | 60.33 M | 9.88 M | 16.08 M |
Heritage Global Investor Information
About 16.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.94. Some equities with similar Price to Book (P/B) outperform the market in the long run. Heritage Global had not issued any dividends in recent years. The entity had 1:20 split on the 9th of December 2003. Based on the analysis of Heritage Global's profitability, liquidity, and operating efficiency, Heritage Global is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December.Heritage Global Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Heritage Global has an asset utilization ratio of 72.8 percent. This suggests that the Company is making $0.73 for each dollar of assets. An increasing asset utilization means that Heritage Global is more efficient with each dollar of assets it utilizes for everyday operations.Heritage Global Ownership Allocation
Heritage Global has a total of 36.34 Million outstanding shares. 30% of Heritage Global outstanding shares are owned by outside corporations. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.Heritage Global Profitability Analysis
The company reported the previous year's revenue of 60.55 M. Net Income was 12.47 M with profit before overhead, payroll, taxes, and interest of 26 M.About Heritage Global Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Heritage Global. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Heritage Global based exclusively on its fundamental and basic technical indicators. By analyzing Heritage Global's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Heritage Global's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Heritage Global. We calculate exposure to Heritage Global's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Heritage Global's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 39.3 M | 41.3 M | |
| Pretax Profit Margin | 0.23 | 0.24 | |
| Operating Profit Margin | 0.24 | 0.25 | |
| Net Profit Margin | 0.21 | 0.22 | |
| Gross Profit Margin | 0.66 | 0.42 |
Heritage Global Growth Indicators
Investing in growth stocks can be very risky. If the company such as Heritage Global does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 37.6 M | |
| Quarterly Earnings Growth Y O Y | -0.405 |
Heritage Global Current Valuation Indicators
Heritage Global's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Heritage Global's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Heritage Global, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Heritage Global's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Heritage Global's worth.When determining whether Heritage Global is a strong investment it is important to analyze Heritage Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heritage Global's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Global. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Earnings Share 0.27 | Revenue Per Share 1.361 | Quarterly Revenue Growth (0.33) | Return On Assets 0.066 |
The market value of Heritage Global is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Global's value that differs from its market value or its book value, called intrinsic value, which is Heritage Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Global's market value can be influenced by many factors that don't directly affect Heritage Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.