ScoreWhy is Heritage Global, Inc. ?
1
With a fall in Net Sales of -3.61%, the company declared Very Negative results in Jun 26
- The company has declared negative results for the last 12 consecutive quarters
- The company has declared negative results in Sep 23 after 5 consecutive negative quarters
- INTEREST(9M) At USD 0.09 MM has Grown at inf%
- OPERATING CASH FLOW(Y) Lowest at USD 1.06 MM
- ROCE(HY) Lowest at -24.29%
2
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -24.00%, its profits have fallen by -30.7%
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -24.00% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Capital Markets)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Heritage Global, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Heritage Global, Inc.
-23.34%
-1.00
43.84%
S&P 500
16.06%
1.20
13.17%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
14.26%
EBIT Growth (5y)
-0.70%
EBIT to Interest (avg)
6.10
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
44.18%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
50.07%
ROCE (avg)
16.66%
ROE (avg)
20.43%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
0.71
EV to EBIT
5.66
EV to EBITDA
4.69
EV to Capital Employed
0.62
EV to Sales
0.62
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
10.87%
ROE (Latest)
5.36%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Bullish
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend3What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 10.55 times
RAW MATERIAL COST(Y)
Fallen by -14.18% (YoY
-32What is not working for the Company
INTEREST(9M)
At USD 0.09 MM has Grown at inf%
OPERATING CASH FLOW(Y)
Lowest at USD 1.06 MM
ROCE(HY)
Lowest at -24.29%
OPERATING PROFIT(Q)
Lowest at USD -2.24 MM
OPERATING PROFIT MARGIN(Q)
Lowest at -18.28 %
CASH AND EQV(HY)
Lowest at USD 24.75 MM
DEBT-EQUITY RATIO
(HY)
Highest at -15.09 %
PRE-TAX PROFIT(Q)
Lowest at USD -20.98 MM
NET PROFIT(Q)
Lowest at USD -15.89 MM
EPS(Q)
Lowest at USD -0.46
Here's what is working for Heritage Global, Inc.
Debtors Turnover Ratio
Highest at 10.55 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -14.18% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Heritage Global, Inc.
Interest
At USD 0.09 MM has Grown at inf%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (USD MM)
Pre-Tax Profit
At USD -20.98 MM has Fallen at -1,661.3%
over average net sales of the previous four periods of USD 1.34 MMMOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (USD MM)
Net Profit
At USD -15.89 MM has Fallen at -2,061.48%
over average net sales of the previous four periods of USD 0.81 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (USD MM)
Operating Cash Flow
Lowest at USD 1.06 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (USD MM)
Operating Profit
Lowest at USD -2.24 MM and Fallen
In each period in the last five periodsMOJO Watch
Near term Operating Profit trend is quite negative
Operating Profit (USD MM)
Operating Profit Margin
Lowest at -18.28 % and Fallen
In each period in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Pre-Tax Profit
Lowest at USD -20.98 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (USD MM)
Net Profit
Lowest at USD -15.89 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (USD MM)
EPS
Lowest at USD -0.46
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (USD)
Cash and Eqv
Lowest at USD 24.75 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debt-Equity Ratio
Highest at -15.09 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
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