Heritage GlobalFRA:LGC 82 ROE % is 4.28% as of Mar. 2026, which is 74% below its 10-year median of 16.29. GuruFocus rates FRA:LGC with a GF Score™ of 82/100 and a GF Value™ of €1.93 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 791 Capital Markets companies, Heritage Global ranks worse than 53.86% on this metric.
The historical rank and industry rank for Heritage Global's ROE % or its related term are showing as below:
FRA:LGC'
s ROE % Range Over the Past 10 Years
Min: -7.13 Med: 16.29 Max: 67.66
Current: 4.87
During the past 13 years, Heritage Global's highest ROE % was 67.66%. The lowest was -7.13%. And the median was 16.29%.
FRA:LGC's ROE % is ranked worse than 53.86% of 791
companies
in the Capital Markets industry
Industry Median: 6
vs FRA:LGC: 4.87
Heritage Global (FRA:LGC) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Heritage Global ROE % Related Terms
Heritage Global ROE % Historical Data
* Premium members only.
The historical data trend for Heritage Global's ROE % 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.
For the Capital Markets subindustry, Heritage Global's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Heritage Global's ROE % distribution charts can be found below:
* The bar in red indicates where Heritage Global's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Heritage Global (FRA:LGC) has a ROE % of 4.28% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Heritage Global and its competitors. This is 74% below median its historical median of 16.29. According to the industry distribution chart, Heritage Global ranks #426 out of 791 companies in the Capital Markets industry, placing it in the top 53.9%.
Is Heritage Global's ROE % too high?
Heritage Global's current ROE % of 4.28% is 74% below median its 10-year median of 16.29. The Capital Markets industry median ROE % is 6.00. Heritage Global's value of 4.28% is 28.7% below this industry median. Based on the distribution chart, Heritage Global ranks #426 out of 791 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 ROE % compare to MATH and GSIW?
According to the Capital Markets industry distribution chart, Heritage Global ranks #426 out of 791 companies for ROE %. This places Heritage Global in the lower half of its industry. The industry median ROE % is 6.00. Heritage Global's value of 4.28% is 28.7% below this benchmark. While the company's 10-year median is 16.29 vs. the industry median of 6.00, 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 ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.00, based on 791 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heritage Global's current ROE % of 4.28% is 28.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Heritage Global and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heritage Global's current ROE % is 4.28%, which is 74% below median its own 10-year median of 16.29. 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 €1.93, compared to a current price of €1.03 — trading 46.6% below its estimated fair value. The current ROE % is 4.28%, which is 74% below median its 10-year median of 16.29 and 28.7% below the Capital Markets industry median of 6.00. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Heritage Global (FRA:LGC), the current ROE % is 4.28% 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 46.6% below its estimated GF Value™ of €1.93.
GuruFocus considers Heritage Global to be Possible Value Trap.
Key valuation signals for FRA:LGC:
ROE %: 4.28% (74% below median its 10-year median of 16.29)
GF Value™: €1.93 vs. price of €1.03 (46.6% below fair value)
Industry Position: 28.7% below the Capital Markets median (#426 of 791)
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.
82GF Score
Get the complete analysis for FRA:LGC
ROE % 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 
