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Heritage Global Inc. (HGBL) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $1.79 Metrics
OS: 37.1 M 33 % ROE
Market cap: $66.5 M 34 % ROIC
Net cash: $29.4 M $0.79 per share
EV: $37.1 M

 
TTM Valuation
EBITDA $10.7 M 3.5 x EV/EBITDA
EBIT $10.2 M 3.6 x EV/EBIT
EPS $0.48 3.7 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues46.925.826.226.223.720.123.817.4
            Revenue growth81.9%-1.5%0.1%10.6%17.6%-15.5%36.7%-12.8%
Cost of goods sold42.822.723.96.44.05.911.33.1
Gross profit4.13.12.319.819.614.312.514.3
            Gross margin8.8%12.0%8.6%75.7%82.9%70.9%52.5%82.1%
Selling, general and administrative0.00.00.015.915.213.612.012.8
Research and development        
EBITA4.63.52.53.94.30.60.5-4.4
            EBITA margin9.7%13.4%9.7%14.7%18.3%3.0%1.9%-25.2%
Amortization of intangibles0.40.40.30.20.30.20.30.5
EBIT4.13.12.33.64.10.40.2-4.9
            EBIT margin8.8%12.0%8.6%13.8%17.2%1.8%0.8%-28.2%
Pre-tax income11.03.06.03.04.0-0.70.0-10.4
Income taxes-4.5-0.1-3.6-0.90.3-0.40.00.0
            Tax rate    6.7%62.8%60.0% 
Net income15.53.19.73.93.8-0.20.0-10.4
            Net margin33.0%11.8%36.9%14.9%15.9%-1.2%0.1%-59.8%
 
Diluted EPS$0.42$0.08$0.30$0.13$0.13($0.01)$0.00($0.37)
Shares outstanding (diluted)37.136.932.729.328.928.528.428.3
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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