As of today (2024-04-24), Heritage Global's share price is $2.53.
Heritage Global's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.34. Hence, Heritage Global's Price-to-Free-Cash-Flow Ratio for today is 7.42.
The historical rank and industry rank for Heritage Global's Price-to-Free-Cash-Flow or its related term are showing as below:
HGBL'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.48 Med: 9.3 Max: 81.67
Current: 7.42
During the past 13 years, Heritage Global's highest Price-to-Free-Cash-Flow Ratio was 81.67. The lowest was 1.48. And the median was 9.30.
HGBL's Price-to-Free-Cash-Flow is ranked better than 67.67% of 365
companies
in the Capital Markets industry
Industry Median: 15.08
vs HGBL: 7.42
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Heritage Global was 101.20% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 6.80% per year.
During the past 13 years, Heritage Global's highest 3-Year average Free Cash Flow per Share Growth Rate was 94.40% per year. The lowest was -61.80% per year. And the median was 20.90% per year.
Heritage Global Price-to-Free-Cash-Flow Historical Data
The historical data trend for Heritage Global's Price-to-Free-Cash-Flow 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.
Competitive Comparison of Heritage Global's Price-to-Free-Cash-Flow
For the Capital Markets subindustry, Heritage Global's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Heritage Global's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Heritage Global's Price-to-Free-Cash-Flow falls into.
Heritage Global Price-to-Free-Cash-Flow Calculation
Heritage Global's Price-to-Free-Cash-Flow ratio for today is calculated as
Heritage Global's Share Price of today is $2.53.
Heritage Global's Free Cash Flow per Share 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 $0.34.
* 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.
It can also be calculated from the numbers for the whole company:
Heritage Global (NAS:HGBL) Price-to-Free-Cash-Flow Explanation
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Heritage Global Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Heritage Global's Price-to-Free-Cash-Flow 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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