Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heritage Global's Enterprise Value is €32.00 Mil.
Heritage Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €4.08 Mil. Therefore, Heritage Global's EV-to-EBIT ratio for today is 7.85.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Heritage Global's Enterprise Value is €32.00 Mil.
Heritage Global's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €5.12 Mil. Therefore, Heritage Global's EV-to-EBITDA ratio for today is 6.25.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Heritage Global's Enterprise Value is €32.00 Mil.
Heritage Global's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €43.21 Mil. Therefore, Heritage Global's EV-to-Revenue ratio for today is 0.74.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Heritage Global's Enterprise Value is €32.00 Mil.
Heritage Global's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.68 Mil. Therefore, Heritage Global's EV-to-FCF ratio for today is -46.99.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Heritage Global (FRA:LGC) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Heritage Global's current Enterprise Value is €32.00 Mil.
Heritage Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4.08 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Heritage Global's current Enterprise Value is €32.00 Mil.
Heritage Global's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €5.12 Mil.
Heritage Global's current Enterprise Value is €32.00 Mil.
Heritage Global's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €43.21 Mil.
Heritage Global's current Enterprise Value is €32.00 Mil.
Heritage Global's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.71 Mil.
Heritage Global's current Enterprise Value is €32.00 Mil.
Heritage Global's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.68 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 Enterprise Value Related Terms
Heritage Global Enterprise Value Historical Data
* Premium members only.
The historical data trend for Heritage Global's Enterprise Value 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.
FRA:LGC vs MATH, GSIW, BGDE: Enterprise Value Comparison
For the Capital Markets subindustry, Heritage Global's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Heritage Global's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Heritage Global's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Heritage Global's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:LGC) has a Enterprise Value of €32.00 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Heritage Global and its competitors.
Is Heritage Global's Enterprise Value too high?
Heritage Global's current Enterprise Value is €32.00 Mil. Overall, Heritage Global has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heritage Global's Enterprise Value compare to MATH and GSIW?
Heritage Global's Enterprise Value of €32.00 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Capital Markets company?
A good Enterprise Value depends on the Capital Markets industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Heritage Global and its competitors. Heritage Global's current Enterprise Value is €32.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Global stock overvalued right now?
Based on GuruFocus' analysis, Heritage Global (FRA:LGC) is currently considered Possible Value Trap. The stock's GF Value™ is €1.97, compared to a current price of €1.03 — trading 47.7% below its estimated fair value. The current Enterprise Value is €32.00 Mil. Heritage Global's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Heritage Global (FRA:LGC), the current Enterprise Value is €32.00 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Heritage Global (FRA:LGC) Overvalued in 2026?
Based on GuruFocus' analysis, Heritage Global stock appears to be undervalued.
The current stock price of €1.03 is trading 47.7% below its estimated GF Value™ of €1.97.
GuruFocus considers Heritage Global to be Possible Value Trap.
Key valuation signals for FRA:LGC:
Enterprise Value: €32.00 Mil
GF Value™: €1.97 vs. price of €1.03 (47.7% below fair value)
No single metric tells the full story. See the FRA:LGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It operates in four segments. The Auction and Liquidation segment, which operates as a full-service auction, appraisal, and asset advisory firm, includes the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment & Resale segment acquires, refurbishes, and supplies specialized laboratory equipment. Brokerage segment, through NLEX, brokers charged-off receivables in the U.S. and Canada on behalf of financial institutions. The Specialty Lending segment, which provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios.
84GF Score
Get the complete analysis for FRA:LGC
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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