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Upturn AI SWOT - About
HGBL 
Heritage Global Inc (HGBL)
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Upturn Advisory Summary
10/15/2025: HGBL (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
3 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $3.65
1 Year Target Price $3.65
| 2 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -16.79% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 52.81M USD | Price to earnings Ratio 15.2 | 1Y Target Price 3.65 |
Price to earnings Ratio 15.2 | 1Y Target Price 3.65 | ||
Volume (30-day avg) 3 | Beta 0.65 | 52 Weeks Range 1.51 - 2.39 | Updated Date 10/17/2025 |
52 Weeks Range 1.51 - 2.39 | Updated Date 10/17/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.1 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 7.33% | Operating Margin (TTM) 15.05% |
Management Effectiveness
Return on Assets (TTM) 4.44% | Return on Equity (TTM) 5.46% |
Valuation
Trailing PE 15.2 | Forward PE - | Enterprise Value 41955484 | Price to Sales(TTM) 1.08 |
Enterprise Value 41955484 | Price to Sales(TTM) 1.08 | ||
Enterprise Value to Revenue 0.86 | Enterprise Value to EBITDA 4.11 | Shares Outstanding 34741553 | Shares Floating 28239671 |
Shares Outstanding 34741553 | Shares Floating 28239671 | ||
Percent Insiders 11.88 | Percent Institutions 38.73 |
Upturn AI SWOT
Heritage Global Inc
Company Overview
History and Background
Heritage Global Inc. was founded in 1987 as Counsel RB, later becoming Heritage Global Partners. It initially focused on asset advisory and auction services and has since expanded its capabilities through acquisitions and organic growth.
Core Business Areas
- Asset Advisory and Auction Services: Provides valuation, auction, and liquidation services for surplus and distressed assets across various industries.
- Industrial Assets: Focuses on valuing, marketing, and selling industrial machinery and equipment.
- Financial Assets: Acquires and manages distressed debt portfolios, offering debt recovery and monetization services.
Leadership and Structure
Ross Dove serves as the Chief Executive Officer. The company operates with a structured management team overseeing each business segment and corporate functions.
Top Products and Market Share
Key Offerings
- Auction Services: Conducts online and live auctions for surplus assets. Market share is difficult to precisely determine, but they are a significant player in the industrial auction market. Competitors include Liquidity Services, Ritchie Bros, and Troostwijk.
- Valuation Services: Provides asset appraisals for various purposes, including lending, insurance, and accounting. Market share information is limited; however, the industry is fragmented with many smaller firms. Competitors include American Appraisal, Duff & Phelps (now Kroll), and Stout.
- Debt Acquisition and Management: Acquires and manages distressed debt portfolios to generate returns. It's hard to find the product revenue details. Competitors include Encore Capital Group and PRA Group.
Market Dynamics
Industry Overview
The asset disposition and valuation market is influenced by economic cycles, technological advancements, and industry consolidation. Demand is driven by bankruptcies, restructuring, and the need to dispose of surplus assets.
Positioning
Heritage Global Inc. positions itself as a leading provider of asset disposition and valuation services with a global reach, leveraging its expertise and technology platform. It aims to provide better returns for clients facing asset liquidation.
Total Addressable Market (TAM)
The global asset disposition market is estimated to be in the billions of dollars annually. HGI's positioning focuses on capturing a greater market share by offering comprehensive, tech-enabled solutions.
Upturn SWOT Analysis
Strengths
- Diversified service offerings
- Established industry expertise
- Global reach and network
- Experienced management team
- Strong customer relationships
Weaknesses
- Dependence on economic cycles
- Exposure to risk from distressed assets
- Relatively small market capitalization
- Potential volatility in financial performance
Opportunities
- Expansion into new markets
- Increased adoption of technology
- Strategic acquisitions to broaden service offerings
- Growing demand for sustainable asset disposal
Threats
- Economic downturns
- Increased competition
- Changes in regulations
- Disruptive technologies
Competitors and Market Share
Key Competitors
- LIQ
- RBA
- ECA
Competitive Landscape
Heritage Global Inc. competes on expertise, technology, and global reach. Advantages include a diversified service offering and experienced team. Disadvantages include smaller market capitalization and cyclical vulnerability.
Major Acquisitions
National Loan Exchange, Inc
- Year: 2017
- Acquisition Price (USD millions): 16.8
- Strategic Rationale: Acquisition of National Loan Exchange, Inc. (NLEX) enhanced the companyu2019s position in the debt acquisition and services market.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by both organic expansion and strategic acquisitions. Fluctuations often mirror economic cycles.
Future Projections: Future growth projections depend on economic conditions, industry trends, and the company's ability to execute its strategy. Analyst estimates would be needed.
Recent Initiatives: Recent initiatives include expanding the online auction platform and pursuing strategic acquisitions to grow the debt asset portfolio.
Summary
Heritage Global Inc. is a player in the asset disposition and valuation services market. Its diversified services and global network are strengths, but it remains exposed to economic cycles and needs to bolster its competitive advantages. Expansion through technology and strategic acquisitions appear to be promising strategies, while monitoring economic conditions and competitive threats is crucial for maintaining stability and growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company website
- SEC filings
- Market reports
- Financial news sources
Disclaimers:
This analysis is based on available information and should not be considered financial advice. Market conditions and company performance can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Heritage Global Inc
Exchange NASDAQ | Headquaters San Diego, CA, United States | ||
IPO Launch date 1993-03-23 | President, CEO & Director Mr. Ross M. Dove | ||
Sector Financial Services | Industry Capital Markets | Full time employees 86 | Website https://hginc.com |
Full time employees 86 | Website https://hginc.com | ||
Heritage Global Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions in the United States. It operates through three segments: Auction and Liquidation, Refurbishment and Resale, and Brokerage. The company offers a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services. It also involved in the identifying, valuing, acquiring, and monetizing underlying tangible assets. In addition, the company acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; and charged-off receivable portfolios. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global, Inc. in August 2013. Heritage Global, Inc. was founded in 1937 and is headquartered in San Diego, California.
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