Heritage Global (FRA:LGC) Gross Margin %: 30.30% (As of Mar. 2026) — 15% Below Median


FRA:LGC Heritage Global Inc FRA:LGC
82 GF Score
Price €1.03
GF Value €1.97
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Heritage Global Gross Margin %?

Heritage Global FRA:LGC 82 Gross Margin % is 30.30% as of Mar. 2026, which is 15% below its 10-year median of 35.78. GuruFocus rates FRA:LGC with a GF Score™ of 82/100 and a GF Value™ of €1.97 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 617 Capital Markets companies, Heritage Global ranks worse than 69.85% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Heritage Global's Gross Profit for the three months ended in Mar. 2026 was €3.34 Mil. Heritage Global's Revenue for the three months ended in Mar. 2026 was €11.01 Mil. Therefore, Heritage Global's Gross Margin % for the quarter that ended in Mar. 2026 was 30.30%.

Warning Sign:

Heritage Global Inc gross margin has been in long-term decline. The average rate of decline per year is -6.5%.


The historical rank and industry rank for Heritage Global's Gross Margin % or its related term are showing as below:

FRA:LGC' s Gross Margin % Range Over the Past 10 Years
Min: 22.15   Med: 35.78   Max: 62.06
Current: 22.97


During the past 13 years, the highest Gross Margin % of Heritage Global was 62.06%. The lowest was 22.15%. And the median was 35.78%.

FRA:LGC's Gross Margin % is ranked worse than
69.85% of 617 companies
in the Capital Markets industry
Industry Median: 48.3 vs FRA:LGC: 22.97

Heritage Global had a gross margin of 30.30% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Heritage Global was -6.50% per year.


Heritage Global  (FRA:LGC) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Heritage Global had a gross margin of 30.30% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Heritage Global Gross Margin % Related Terms


Heritage Global Gross Margin % Historical Data

* Premium members only.

The historical data trend for Heritage Global's Gross Margin % 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.

Heritage Global Gross Margin % Chart

Heritage Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.69 22.15 35.34 31.33 27.08

Heritage Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.11 28.45 38.95 -6.80 30.30

FRA:LGC vs MATH, GSIW, BGDE: Gross Margin % Comparison

For the Capital Markets subindustry, Heritage Global's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Heritage Global's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Heritage Global's Gross Margin % falls into.


FRA:LGC
82GF Score
Heritage Global Inc FRA:LGC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heritage Global Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Heritage Global's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=11.8 / 43.535
=(Revenue - Cost of Goods Sold) / Revenue
=(43.535 - 31.746) / 43.535
=27.08 %

Heritage Global's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=3.3 / 11.007
=(Revenue - Cost of Goods Sold) / Revenue
=(11.007 - 7.672) / 11.007
=30.30 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 30.30% mean?
Heritage Global (FRA:LGC) has a Gross Margin % of 30.30% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Heritage Global and its competitors. This is 15% below median its historical median of 35.78. Over the past decade, Heritage Global's Gross Margin % has ranged from 22.15 to 62.06. According to the industry distribution chart, Heritage Global ranks #431 out of 617 companies in the Capital Markets industry, placing it in the top 69.9%.
Is Heritage Global's Gross Margin % too high?
Heritage Global's current Gross Margin % of 30.30% is 15% below median its 10-year median of 35.78. Over the past 10 years, this metric has ranged from a low of 22.15 to a high of 62.06. The Capital Markets industry median Gross Margin % is 48.30. Heritage Global's value of 30.30% is 37.3% below this industry median. Based on the distribution chart, Heritage Global ranks #431 out of 617 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Heritage Global has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heritage Global's Gross Margin % compare to MATH and GSIW?
According to the Capital Markets industry distribution chart, Heritage Global ranks #431 out of 617 companies for Gross Margin %. This places Heritage Global in the lower half of its industry. The industry median Gross Margin % is 48.30. Heritage Global's value of 30.30% is 37.3% below this benchmark. Historically, Heritage Global's own Gross Margin % has ranged from 22.15 to 62.06 over the past decade. While the company's 10-year median is 35.78 vs. the industry median of 48.30, Heritage Global has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 48.30, based on 617 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heritage Global's current Gross Margin % of 30.30% is 37.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Heritage Global and its competitors. For the Capital Markets industry, the median Gross Margin % is 48.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heritage Global's current Gross Margin % is 30.30%, which is 15% below median its own 10-year median of 35.78. 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 Gross Margin % is 30.30%, which is 15% below median its 10-year median of 35.78 and 37.3% below the Capital Markets industry median of 48.30. Heritage Global's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Heritage Global (FRA:LGC), the current Gross Margin % is 30.30% as of Mar. 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:

  • Gross Margin %: 30.30% (15% below median its 10-year median of 35.78)
  • GF Value™: €1.97 vs. price of €1.03 (47.7% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 37.3% below the Capital Markets median (#431 of 617)

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 Business Description

Other Exchanges HGBL:USA
Address 6130 Nancy Ridge Drive, San Diego, San Diego, CA, USA, 92121
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.
82GF Score

Get the complete analysis for FRA:LGC

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.03
Price
€1.97
GF Value