Heritage Global Inc. (HGBL)
Services-Business Services, NEC
Latest Price
$1.39
TTM P/E
--
Normalized P/E
11.98
Div Yield
--
Book Value
1.50
P/B Ratio
0.93
Valuation metrics
adjust assumptions →EPS: $0.10
Book value / share: $1.93
Formula: √(22.5 × EPS × BVPS)
Graham Number
$2.08
+50% upside
Norm. op. income: $6M (median of 7yr)
Tax rate: 39%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$1.45
+5% upside
Base FCF: $8M (median of recent 5yr)
Growth: 25%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$16.68
+1100% upside
EPS: $0.10
Target P/E: 12×
Formula: EPS × P/E
P/E Fair Value
$1.20
14% downside
Institutional Ownership
34.1% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| Mink Brook Asset Management LLC | 2.27M | $2.0M | 6.56% | +34.8K | 2026-06-30 |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | 2.02M | $2.0M | 5.84% | -222.7K | 2026-06-30 |
| Topline Capital Management, LLC | 1.79M | $2.0M | 5.15% | -- | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.39M | $1.0M | 4.02% | -- | 2026-06-30 |
| Truffle Hound Capital, LLC | 1.10M | $1.0M | 3.18% | -- | 2026-06-30 |
| Koshinski Asset Management, Inc. | 917.3K | $1.0M | 2.65% | -- | 2026-06-30 |
| Militia Capital Management LLC | 563.9K | -- | 1.63% | -- | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 359.3K | -- | 1.04% | +17.2K | 2026-06-30 |
| RENAISSANCE TECHNOLOGIES LLC | 249.6K | -- | 0.72% | +5.3K | 2026-06-30 |
| Ridgewood Investments LLC | 222.2K | -- | 0.64% | -15.0K | 2026-06-30 |