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HGBL$1.25+2.46%
Fair $1.25+0.0%

HGBL

Heritage Global Inc.

Financial Services / Capital MarketsNasdaqCM

$1.25

+0.03 (+2.46%)

Fairly Valued+0.0%Fair Value $1.25Fund rank 28/100 · Data gapFallback financials|
SA 36/D
F-Score: 4/9

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 37.0/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 22/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

36/100

D

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 16Warnings: 0unknown: 16
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); financial Book/ROE targets are disabled until manually verified.
Thesis & Journal · HGBLLocal privado en este navegador · Heritage Global Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$43M

P/E

13.9x

↑

EV/EBITDA

4.2x

↓

ROE

5.4%

↓

Gross Margin

27.1%

↓

Debt/Equity

0.09

↓
52-Week Range$1
$1$2

TradingView lightweight chart

HGBL price, volumen y niveles de valoración

Último $1.250Periodo -97.7%
Fair value: $1.250

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2010–2025 · 15 años de histórico normalizado

Revenue CAGR

+20.1%

FCF CAGR

—

FCF margin

-4.6%

FCF / Net income

-0.65x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $51.0M · net income $3.6M · FCF $-2.3M

2010-FY → 2025-FY

Gross margin

27.1%— pts

Operating margin

11.0%-155.3% pts

Net margin

7.0%-183.2% pts

FCF margin

-4.6%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
Income Statement
Revenue$51.0M$51.0M$45.4M$60.5M$46.9M$25.8M$26.2M$26.2M$23.7M$20.1M$23.8M$17.4M$14.2M$8.1M$14.1M$17.2M$3.3M
Net Income$3.6M$3.6M$5.2M$12.5M$15.5M$3.1M$9.7M$3.9M$3.8M$-249000.00$14000.00$-10.4M$-26.5M$-6.4M$-1.8M$30.7M$6.2M
EBITDA$6.8M$6.8M$10.3M$15.5M$11.7M$3.5M$6.4M$3.4M$4.4M$677000.00$506000.00$-9.8M$-1.3M$-2.5M$-2.0M$4.6M$5.4M
EPS——0.140.330.420.080.300.130.13-0.010.00-0.37——-0.061.130.21
Gross Margin27.1%27.1%31.3%35.3%22.2%————————————
Operating Margin11.0%11.0%14.1%21.9%8.8%11.7%23.1%11.7%17.2%1.8%0.8%-59.4%-13.4%-36.4%-17.4%26.6%166.3%
Net Margin7.0%7.0%11.4%20.6%33.0%11.8%36.9%14.9%15.9%-1.2%0.1%-59.8%-186.9%-79.3%-12.8%178.2%190.3%
Balance Sheet
Debt/Equity0.090.090.040.160.15————————————
Current Ratio1.951.95———————————————
Cash Flow
Free Cash Flow$-2.3M$-2.3M$7.6M$12.8M$6.3M$-4.1M$9.1M$678000.00$7.4M$1.1M——$-484000.00$2.3M$-4.8M$4.1M—
Returns
ROE5.4%5.4%7.9%20.4%32.1%9.4%32.3%32.9%49.4%-7.1%0.4%-307.0%-196.7%-16.2%-3.9%71.5%65.8%
Valuation
P/E13.8913.8913.148.336.33————————————
EV/EBITDA4.244.244.786.527.99————————————
P/B0.650.651.051.692.04————————————
Growth & Yield
Revenue Growth12.4%12.4%-25.1%29.1%—-1.5%0.1%10.6%17.6%-15.5%36.7%22.9%75.8%-42.9%-18.0%427.8%—
EPS Growth——-57.6%-21.4%—-73.3%130.8%0.0%1400.0%—100.0%———-105.3%438.1%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -42.7%

Total return

-42.7%

Start / end P/E

n/dx → n/dx

EPS bridge

0.14 → n/d

Residual

-42.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-42.7%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.