EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Heritage Global's enterprise value is $88.77 Mil.
Heritage Global's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $14.83 Mil. Therefore, Heritage Global's EV-to-EBITDA for today is 5.98.
The historical rank and industry rank for Heritage Global's EV-to-EBITDA or its related term are showing as below:
HGBL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -72.99 Med: 5.54 Max: 51.06
Current: 5.98
During the past 13 years, the highest EV-to-EBITDA of Heritage Global was 51.06. The lowest was -72.99. And the median was 5.54.
HGBL's EV-to-EBITDA is ranked better than 62.73% of 499
companies
in the Capital Markets industry
Industry Median: 9.25
vs HGBL: 5.98
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-04-20), Heritage Global's stock price is $2.48.
Heritage Global's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.330. Therefore, Heritage Global's PE Ratio for today is 7.52.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Heritage Global EV-to-EBITDA Historical Data
The historical data trend for Heritage Global's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Heritage Global Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBITDA
8.34
11.13
17.66
6.97
6.73
Heritage Global Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
EV-to-EBITDA
6.97
6.69
9.17
8.32
6.73
Competitive Comparison
For the Capital Markets subindustry, Heritage Global's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA Distribution
For the Capital Markets industry and Financial Services sector, Heritage Global's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Heritage Global's EV-to-EBITDA falls into.
Heritage Global EV-to-EBITDA Calculation
Heritage Global's EV-to-EBITDA for today is calculated as:
Heritage Global's current Enterprise Value is $88.77 Mil.
Heritage Global's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.83 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Heritage Global (NAS:HGBL) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Heritage Global's PE Ratio for today is calculated as:
Heritage Global's share price for today is $2.48.
Heritage Global's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.330.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of Heritage Global's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Heritage Global (Heritage Global) Business Description
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.
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