Heritage Global Stock Price To Book
| HGBL Stock | USD 2.16 0.02 0.93% |
Fundamental analysis of Heritage Global allows traders to better anticipate movements in Heritage Global's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Heritage Global Company Price To Book Analysis
Heritage Global's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Heritage Global Price To Book | 1.17 X |
Most of Heritage Global's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Heritage Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Heritage Global has a Price To Book of 1.1701 times. This is 74.45% lower than that of the Capital Markets sector and 88.12% lower than that of the Financials industry. The price to book for all United States stocks is 87.7% higher than that of the company.
Heritage Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heritage Global's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Heritage Global could also be used in its relative valuation, which is a method of valuing Heritage Global by comparing valuation metrics of similar companies.Heritage Global is currently under evaluation in price to book category among its peers.
Heritage Fundamentals
| Return On Equity | 0.0692 | ||||
| Return On Asset | 0.0438 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 64.28 M | ||||
| Shares Outstanding | 35.28 M | ||||
| Shares Owned By Insiders | 11.69 % | ||||
| Shares Owned By Institutions | 38.39 % | ||||
| Number Of Shares Shorted | 47.14 K | ||||
| Price To Earning | 8.63 X | ||||
| Price To Book | 1.17 X | ||||
| Price To Sales | 1.64 X | ||||
| Revenue | 45.36 M | ||||
| Gross Profit | 30.98 M | ||||
| EBITDA | 10.31 M | ||||
| Net Income | 5.18 M | ||||
| Cash And Equivalents | 16.08 M | ||||
| Cash Per Share | 0.44 X | ||||
| Total Debt | 2.71 M | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 1.73 X | ||||
| Book Value Per Share | 1.84 X | ||||
| Cash Flow From Operations | 7.75 M | ||||
| Short Ratio | 1.25 X | ||||
| Earnings Per Share | 0.12 X | ||||
| Target Price | 3.83 | ||||
| Number Of Employees | 86 | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 76.55 M | ||||
| Total Asset | 81.31 M | ||||
| Retained Earnings | (227.84 M) | ||||
| Working Capital | 18.53 M | ||||
| Current Asset | 5.67 M | ||||
| Current Liabilities | 10.39 M | ||||
| Net Asset | 81.31 M |
About Heritage Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heritage Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heritage Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heritage Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ProphetCheck out Heritage Global Piotroski F Score and Heritage Global Altman Z Score analysis. For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Business Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Global. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Heritage Global is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Global's value that differs from its market value or its book value, called intrinsic value, which is Heritage Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Global's market value can be influenced by many factors that don't directly affect Heritage Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.