LearnGlossaryMarketStocksSuperinvestorsSign in

HGBL

Heritage Global Inc.

Financial Services · $46M market cap

Verdict

We can't put a fair value on HGBL right now. Our bank valuation came out more than 3× away from the share price, and no other method fits a business like this. We'd rather show nothing than a misleading number.

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth-2.1% a year✗
Equity per share growth12.8% a year✓
Sales growth10.4% a year✓
Free cash flow growth4.5% a year✗
Return on invested capital10.1%✓

Follow HGBL

Track it on your watchlist and see the full analysis. Free.

Create a free account

Insider activity

Since Aug 17, 2026: 3 open-market purchases worth $99K and 1 sale worth $3K. Why purchases matter

Purchases

COBB BRIAN J.

CFO · 2026-08-20

Bought

$22K

Dove Nicholas Kirk

President, Industrial Assets · 2026-08-17

Bought

$66K

Hounsell Bruce Kenneth

President, Heritage DebtX LLC · 2026-08-17

Bought

$11K

Sales

Sklar James Edward

EVP, Gen Counsel & Secretary · 2026-09-01

Sold

$3K

About Heritage Global Inc.

Heritage Global Inc., through its various subsidiary companies, operates as a specialized asset services firm, primarily concentrating on transactions involving both financial and industrial assets. The company offers a diverse array of services, including market facilitation, the acquisition and divestiture of assets, professional valuations, and asset-backed lending. Its fundamental approach involves identifying…

Financial - Capital Markets

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works