H

Heritage Global Inc
NASDAQ:HGBL

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Heritage Global Inc
NASDAQ:HGBL
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Price: 1.28 USD 9.4%
Market Cap: $44.5m

Relative Value

The Relative Value of one HGBL stock under the Base Case scenario is 3.11 USD. Compared to the current market price of 1.28 USD, Heritage Global Inc is Undervalued by 59%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HGBL Relative Value
Base Case
3.11 USD
Undervaluation 59%
Relative Value
Price
H
Worst Case
Base Case
Best Case

Multiples Across Competitors

HGBL Competitors Multiples
Heritage Global Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Heritage Global Inc
NASDAQ:HGBL
44.5m USD 0.9 14.4 4.4 4.7
US
BlackRock Inc
NYSE:BLK
150.6B USD 6.2 27.1 18.3 21.1
US
Blackstone Inc
NYSE:BX
140B USD 9.6 46.1 20.4 20.5
CA
Brookfield Corp
NYSE:BN
98B USD 1.3 85.3 11.2 16.7
ZA
Ninety One Ltd
JSE:NY1
86.9B ZAR 5.7 25.5 -37.4 -40.3
US
KKR & Co Inc
NYSE:KKR
80.9B USD 3.9 36 259.9 259.9
US
Bank of New York Mellon Corp
NYSE:BK
79.6B USD 3.9 14.9 0 0
CA
Brookfield Asset Management Inc
NYSE:BAM
72.8B USD 15.1 29.2 26.4 26.8
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
63.4B EUR 15.2 29.5 26.7 27.1
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
99.8B CAD 15.1 29.2 26.5 26.8
US
Ameriprise Financial Inc
NYSE:AMP
39.9B USD 2.1 11.1 11.8 11.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
H
Heritage Global Inc
NASDAQ:HGBL
Average EV/EBITDA: 45.1
4.4
14%
0.3
US
BlackRock Inc
NYSE:BLK
18.3
23%
0.8
US
Blackstone Inc
NYSE:BX
20.4
20%
1
CA
Brookfield Corp
NYSE:BN
11.2
N/A N/A
ZA
N
Ninety One Ltd
JSE:NY1
Negative Multiple: -37.4 N/A N/A
US
KKR & Co Inc
NYSE:KKR
259.9
212%
1.2
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
CA
Brookfield Asset Management Inc
NYSE:BAM
26.4
21%
1.3
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
26.7
21%
1.3
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
26.5
21%
1.3
US
Ameriprise Financial Inc
NYSE:AMP
11.8
4%
3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
H
Heritage Global Inc
NASDAQ:HGBL
Average EV/EBIT: 46.2
4.7
22%
0.2
US
BlackRock Inc
NYSE:BLK
21.1
17%
1.2
US
Blackstone Inc
NYSE:BX
20.5
28%
0.7
CA
Brookfield Corp
NYSE:BN
16.7
-24%
N/A
ZA
N
Ninety One Ltd
JSE:NY1
Negative Multiple: -40.3 N/A N/A
US
KKR & Co Inc
NYSE:KKR
259.9
211%
1.2
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
CA
Brookfield Asset Management Inc
NYSE:BAM
26.8
21%
1.3
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
27.1
21%
1.3
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
26.8
21%
1.3
US
Ameriprise Financial Inc
NYSE:AMP
11.8
-1%
N/A
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett