Heritage GlobalFRA:LGC 84 Pretax Margin % is 7.77% as of Mar. 2026, which is 46% below its 10-year median of 14.30. GuruFocus rates FRA:LGC with a GF Score™ of 84/100 and a GF Value™ of €1.97 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 777 Capital Markets companies, Heritage Global ranks worse than 58.69% on this metric.
The historical rank and industry rank for Heritage Global's Pretax Margin % or its related term are showing as below:
FRA:LGC'
s Pretax Margin % Range Over the Past 10 Years
Min: -3.32 Med: 14.3 Max: 23.46
Current: 10.7
FRA:LGC's Pretax Margin % is ranked worse than 58.69% of 777
companies
in the Capital Markets industry
Industry Median: 20.36
vs FRA:LGC: 10.70
Heritage Global (FRA:LGC) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Heritage Global Pretax Margin % Related Terms
Heritage Global Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Heritage Global's Pretax 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.
FRA:LGC vs MATH, GSIW, BGDE: Pretax Margin % Comparison
For the Capital Markets subindustry, Heritage Global's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Heritage Global's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Heritage Global's Pretax Margin % falls into.
* 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 Pretax Margin % of 7.77% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Heritage Global and its competitors. This is 46% below median its historical median of 14.30. According to the industry distribution chart, Heritage Global ranks #456 out of 777 companies in the Capital Markets industry, placing it in the top 58.7%.
Is Heritage Global's Pretax Margin % too high?
Heritage Global's current Pretax Margin % of 7.77% is 46% below median its 10-year median of 14.30. The Capital Markets industry median Pretax Margin % is 20.36. Heritage Global's value of 7.77% is 61.8% below this industry median. Based on the distribution chart, Heritage Global ranks #456 out of 777 companies in the Capital Markets industry, which is below the industry midpoint. 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 Pretax Margin % compare to MATH and GSIW?
According to the Capital Markets industry distribution chart, Heritage Global ranks #456 out of 777 companies for Pretax Margin %. This places Heritage Global in the lower half of its industry. The industry median Pretax Margin % is 20.36. Heritage Global's value of 7.77% is 61.8% below this benchmark. While the company's 10-year median is 14.30 vs. the industry median of 20.36, 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 Pretax Margin % for a Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.36, based on 777 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heritage Global's current Pretax Margin % of 7.77% is 61.8% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Heritage Global and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heritage Global's current Pretax Margin % is 7.77%, which is 46% below median its own 10-year median of 14.30. 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 Pretax Margin % is 7.77%, which is 46% below median its 10-year median of 14.30 and 61.8% below the Capital Markets industry median of 20.36. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Heritage Global (FRA:LGC), the current Pretax Margin % is 7.77% 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:
Pretax Margin %: 7.77% (46% below median its 10-year median of 14.30)
GF Value™: €1.97 vs. price of €1.03 (47.7% below fair value)
Industry Position: 61.8% below the Capital Markets median (#456 of 777)
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
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:LGC has been successfully added to your 
