HG

Heritage Global IncNASDAQ HGBL Stock Report

Last reporting period 30 Jun, 2024

Updated 31 Oct, 2024

Last price

Market cap $B

0.062

Micro

Exchange

XNAS - Nasdaq

View Section: Eyestock Rating

Heritage Fair Value

HG

The fair market value of HGBL stock is 2.56 USD. Relative to the market price of 1.7 USD Heritage is undervalued by 50.3%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly undervalued 50.3%
2.56 USD
HGBL Fair Value
1.7 USD
Market price of HGBL

Heritage Valuation

Current HGBL share ticker price is 1.7 USD.

The fair value level of 2.56 USD can be considered as an effective entry point for long-term investors to start investing in HGBL stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 51% lower its fair value

Min value

Current price is 21% lower its minimum value

Max value

Current price is 185% lower its maximum value

01.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

HGBL stock is greatly undervalued

It means the current price may concern as a Low Risk Entry Point

Heritage Global Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

16.12

2

Median P/E over 5 years

8.51

3

Minimum P/E over 5 years

6.83

4

Earning per share (last 12 months)

0.3 USD

Maximum value

1

x

4

=

4.84 USD

Fair value

2

x

4

=

2.56 USD

Minimum value

3

x

4

=

2.05 USD

Heritage Global Inc price metrics

13.71

Annual return (geometric mean)

63.57

Risk (standard deviation) of returns

β

1.18

Beta (volatility compared to market)

It means that HGBL stock is more volatile than the broader market

Discover Undervalued Companies


View Section: Profitability