- ISIN
- US42727E1038
- CUSIP
- 42727E103
- Sector
- Financial Services
- Industry
- Capital Markets
- IPO Date
- Mar 23, 1993
Highlights
- Market Cap
- $40.30M
- Enterprise Value
- $30.99M
- EPS (TTM)
- $0.09
- PE Ratio
- 12.61
- PEG Ratio
- 0.17
- Total Revenue (TTM)
- $50.24M
- Gross Profit (TTM)
- $51.32M
- EBITDA (TTM)
- $6.42M
- Year Range
- $1.13 - $2.20
- ROA (TTM)
- 3.81%
- ROE (TTM)
- 4.78%
- Avg. Volume (1M)
- 64K
- Avg. Volume Value (1M)
- $76.96K
Share Price Chart
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Performance
HGBL Performance Chart
Heritage Global Inc. (HGBL) is down 6.5% since the beginning of the year. At $1 per share, HGBL is trading 47.3% below its 52-week high of $2. Investors who bought $1,000 worth of HGBL shares 5 years ago would now be looking at an investment worth $571.
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Returns By Period
Heritage Global Inc. (HGBL) has returned -6.45% so far this year and -46.54% over the past 12 months. Looking at the last ten years, HGBL has achieved an annualized return of 17.56%, outperforming the S&P 500 Index benchmark, which averaged 13.26% per year.
Heritage Global Inc.
- 1D
- 0.00%
- 1M
- -4.92%
- 6M
- -15.33%
- YTD
- -6.45%
- 1Y
- -46.54%
- 3Y*
- -32.07%
- 5Y*
- -10.59%
- 10Y*
- 17.56%
- ALL TIME*
- 16.70%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
HGBL Monthly Returns History
Based on dividend-adjusted daily data since Jan 5, 2016, HGBL's average daily return is +0.24%, while the average monthly return is +2.89%. At this rate, an investment would double in approximately 2.0 years.
Historically, 47% of months were positive and 53% were negative. The best month was Aug 2016 with a return of +97.4%, while the worst month was Sep 2020 at -37.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.
On a daily basis, HGBL closed higher 41% of trading days. The best single day was Apr 1, 2016 with a return of +56.7%, while the worst single day was Feb 8, 2016 at -42.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.48% | -5.11% | 4.62% | 0.00% | -10.29% | -0.82% | -4.13% | -6.45% | |||||
| 2025 | 16.76% | -3.24% | 4.31% | -7.34% | 7.92% | 1.83% | -3.15% | -11.16% | -13.09% | -11.45% | -8.16% | -8.15% | -32.97% |
| 2024 | 0.72% | -0.71% | -5.04% | -6.82% | -7.32% | 7.89% | -1.22% | -29.22% | -1.16% | -0.00% | 3.53% | 5.11% | -33.45% |
| 2023 | 12.34% | -5.30% | 14.80% | 0.70% | 20.76% | 3.72% | 5.25% | -12.60% | -6.31% | -0.96% | -9.39% | -0.71% | 18.30% |
| 2022 | -9.62% | -7.11% | -14.01% | -20.74% | 11.21% | 26.05% | 9.33% | 0.61% | -2.42% | 11.80% | 33.33% | -2.08% | 25.67% |
| 2021 | 12.03% | 17.45% | -18.57% | 9.82% | -9.58% | -10.60% | -19.76% | 1.48% | -4.85% | -3.06% | -20.53% | 23.84% | -29.70% |
Benchmark Metrics
Heritage Global Inc. has an annualized alpha of 65.24%, beta of 0.63, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.
- This stock captured 131.54% of S&P 500 Index gains and 117.74% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- Beta of 0.63 may look defensive, but with R2 of 0.01 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
- R2 of 0.01 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 65.24%
- Beta
- 0.63
- R²
- 0.01
- Upside Capture
- 131.54%
- Downside Capture
- 117.74%
Return for Risk
Risk / Return Rank
HGBL ranks 5 for risk / return — above 5% of stocks peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Heritage Global Inc. (HGBL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HGBL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.59 | ||
| Sortino ratioReturn per unit of downside risk | -3.86 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.25 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | 2.00 | -2.99 |
| Martin ratioReturn relative to average drawdown | -1.27 | 8.49 | -9.76 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Heritage Global Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Heritage Global Inc. was 74.19%, occurring on May 12, 2022. Recovery took 267 trading sessions.
The current Heritage Global Inc. drawdown is 71.22%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-74.19%May 2022 | 1y 8mo | 1y 25d | 2y 9moAug 2020 - Jun 2023 | Bear market2022 |
-71.22%Jul 2026 | 3y 3d | — | 3y 17dJul 2023 - now | — |
-65.33%Aug 2017 | 6mo 9d | 1y 3mo | 1y 9moJan 2017 - Nov 2018 | — |
-62.57%Mar 2016 | 1mo 15d | 5mo 3d | 6mo 18dFeb 2016 - Aug 2016 | — |
-52.63%Dec 2018 | 1mo 20d | 9mo 1d | 10mo 21dNov 2018 - Sep 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| HGBL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.19% | -56.78% | -17.41% |
Max Drawdown (1Y)Largest decline over 1 year | -46.79% | -9.10% | -37.69% |
Max Drawdown (3Y)Largest decline over 3 years | -68.98% | -18.90% | -50.08% |
Max Drawdown (5Y)Largest decline over 5 years | -71.22% | -25.43% | -45.79% |
Max Drawdown (10Y)Largest decline over 10 years | -74.19% | -33.92% | -40.27% |
Current DrawdownCurrent decline from peak | -71.22% | -1.58% | -69.64% |
Average DrawdownAverage peak-to-trough decline | -37.65% | -10.70% | -26.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.42% | 2.14% | +34.28% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Heritage Global Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Heritage Global Inc. is priced in the market compared to other companies in the Capital Markets industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for HGBL, comparing it with other companies in the Capital Markets industry. Currently, HGBL has a P/E ratio of 12.6. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for HGBL compared to other companies in the Capital Markets industry. HGBL currently has a PEG ratio of 0.2. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for HGBL relative to other companies in the Capital Markets industry. Currently, HGBL has a P/S ratio of 0.8. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for HGBL in comparison with other companies in the Capital Markets industry. Currently, HGBL has a P/B value of 0.6. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.
Income Statement
| TTM | |
|---|---|
Revenue | |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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