HireQuest, Inc. (HQI)

Services-Help Supply Services

Latest Price

$17.19

TTM P/E

30.16

Normalized P/E

32.15

TTM Div Yield

1.40%

Fwd Div Yield

1.40%

Book Value

4.95

P/B Ratio

3.47

Valuation metrics

EPS: $0.45

Book value / share: $4.87

Formula: √(22.5 × EPS × BVPS)

Graham Number

$7.02

59% downside

Norm. op. income: $6M (median of 7yr)

Tax rate: 9%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$4.38

74% downside

Base FCF: $12M (median of recent 5yr)

Growth: 9%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$20.46

+19% upside

EPS: $0.45

Target P/E: 32×

Formula: EPS × P/E

P/E Fair Value

$14.40

16% downside

11.4% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	269.2K	$3.0M	1.94%	+15.5K	2026-06-30
Bandera Partners LLC	236.8K	$2.0M	1.71%	--	2026-06-30
Vanguard Capital Management LLC	234.3K	$2.0M	1.69%	+4.2K	2026-06-30
Geode Capital Management, LLC	145.5K	$1.0M	1.05%	+4.3K	2026-06-30
NewEdge Wealth, LLC	93.0K	$1.0M	0.67%	--	2026-06-30
State Street Corp	75.5K	--	0.54%	-1.7K	2026-06-30
Summit Trail Advisors, LLC	62.7K	--	0.45%	+5	2026-06-30
Northern Trust Corp	43.6K	--	0.31%	-5.6K	2026-06-30
Vanguard Fiduciary Trust Co	40.5K	--	0.29%	+3.0K	2026-06-30
Vanguard Portfolio Management LLC	38.2K	--	0.27%	+6.4K	2026-06-30