Heritage Global (XCNQ:HGP) 3-Year Book Growth Rate : 25.10% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Heritage Global 3-Year Book Growth Rate?

Heritage Global's Book Value per Share for the quarter that ended in Dec. 2023 was C$2.79.

During the past 12 months, Heritage Global's average Book Value per Share Growth Rate was 27.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 25.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 44.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 15.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Heritage Global was 114.90% per year. The lowest was -57.80% per year. And the median was 29.90% per year.

Competitive Comparison of Heritage Global's 3-Year Book Growth Rate

For the Capital Markets subindustry, Heritage Global's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Heritage Global's 3-Year Book Growth Rate Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Heritage Global's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Heritage Global's 3-Year Book Growth Rate falls into.

Heritage Global 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Heritage Global (XCNQ:HGP) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Heritage Global 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Heritage Global's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Heritage Global (XCNQ:HGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Heritage Global Inc (XCNQ:HGP) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

HGBL:USA LGC:Germany

Address

12625 High Bluff Drive, Suite 305, San Diego, CA, USA, 92130

Website

https://www.hginc.com

Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It aids in facilitating the economy by diverting useful industrial assets from landfills and operating a supply chain by overseeing the post-sale account activity of financial assets. The group operates in four segments namely Auction and Liquidation; Refurbishment and Resale; Brokerage and Specialty Lending. It generates maximum revenue from the Auction and Liquidation segment. The Auction and Liquidation segment, through HGP, operates as a global full-service auction, appraisal, and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment.

Heritage Global (XCNQ:HGP) Headlines

No Headlines