🚀 VC round data is live in beta, check it out!
- Public Comps
- Heritage Global
Heritage Global Valuation Multiples
Discover revenue and EBITDA valuation multiples for Heritage Global and similar public comparables like Ktesios Real Estate, NAXS, Acanthe Developpement, Fair Value REIT and more.
Heritage Global Overview
About Heritage Global
Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It aids in facilitating the economy by diverting useful industrial assets from landfills and operating a supply chain by overseeing the post-sale account activity of financial assets. The group operates in four segments namely Auction and Liquidation; Refurbishment and Resale; Brokerage and Specialty Lending. It generates maximum revenue from the Auction and Liquidation segment. The Auction and Liquidation segment, through HGP, operates as a full-service auction, appraisal, and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment.
Founded
1983
HQ

Employees
86
Website
Sectors
Financials (LTM)
EV
$32M
Heritage Global Financials
Heritage Global reported last 12-month revenue of $52M and EBITDA of $8M.
In the same LTM period, Heritage Global generated $33M in gross profit, $8M in EBITDA, and $4M in net income.
Revenue (LTM)
Heritage Global P&L
In the most recent fiscal year, Heritage Global reported revenue of $51M and EBITDA of $7M.
Heritage Global expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $52M | XXX | $51M | XXX | XXX | XXX |
| Gross Profit | $33M | XXX | $14M | XXX | XXX | XXX |
| Gross Margin | 62% | XXX | 27% | XXX | XXX | XXX |
| EBITDA | $8M | XXX | $7M | XXX | XXX | XXX |
| EBITDA Margin | 15% | XXX | 14% | XXX | XXX | XXX |
| EBIT Margin | 12% | XXX | 11% | XXX | XXX | XXX |
| Net Profit | $4M | XXX | $4M | XXX | XXX | XXX |
| Net Margin | 8% | XXX | 7% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Heritage Global Stock Performance
Heritage Global has current market cap of $45M, and enterprise value of $32M.
Market Cap Evolution
Heritage Global's stock price is $1.30.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $32M | $45M | 0.0% | XXX | XXX | XXX | $0.10 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialHeritage Global Valuation Multiples
Heritage Global trades at 0.6x EV/Revenue multiple, and 4.1x EV/EBITDA.
EV / Revenue (LTM)
Heritage Global Financial Valuation Multiples
As of April 10, 2026, Heritage Global has market cap of $45M and EV of $32M.
Equity research analysts estimate Heritage Global's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Heritage Global has a P/E ratio of 11.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $45M | XXX | $45M | XXX | XXX | XXX |
| EV (current) | $32M | XXX | $32M | XXX | XXX | XXX |
| EV/Revenue | 0.6x | XXX | 0.6x | XXX | XXX | XXX |
| EV/EBITDA | 4.1x | XXX | 4.4x | XXX | XXX | XXX |
| EV/EBIT | 5.2x | XXX | 5.5x | XXX | XXX | XXX |
| EV/Gross Profit | 1.0x | XXX | 2.3x | XXX | XXX | XXX |
| P/E | 11.3x | XXX | 12.6x | XXX | XXX | XXX |
| EV/FCF | (73.1x) | XXX | (13.6x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Heritage Global Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Heritage Global Margins & Growth Rates
Heritage Global's revenue in the last 12 month grew by 11%.
Heritage Global's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.1M for the same period.
Heritage Global's rule of 40 is 26% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Heritage Global's rule of X is 40% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Heritage Global Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | 15% | XXX | 14% | XXX | XXX | XXX |
| EBITDA Growth | 33% | XXX | 24% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 26% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 40% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.6M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 14% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 16% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Heritage Global Public Comps
See public comps and valuation multiples for other Asset Management comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Ktesios Real Estate | XXX | XXX | XXX | XXX | XXX | XXX |
| NAXS | XXX | XXX | XXX | XXX | XXX | XXX |
| Acanthe Developpement | XXX | XXX | XXX | XXX | XXX | XXX |
| Fair Value REIT | XXX | XXX | XXX | XXX | XXX | XXX |
| Papirfabrikken Invest | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Heritage Global M&A Activity
Heritage Global acquired XXX companies to date.
Last acquisition by Heritage Global was on XXXXXXXX, XXXXX. Heritage Global acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Heritage Global
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialHeritage Global Investment Activity
Heritage Global invested in XXX companies to date.
Heritage Global made its latest investment on XXXXXXXX, XXXXX. Heritage Global invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Heritage Global
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Heritage Global
| When was Heritage Global founded? | Heritage Global was founded in 1983. |
| Where is Heritage Global headquartered? | Heritage Global is headquartered in United States. |
| How many employees does Heritage Global have? | As of today, Heritage Global has over 86 employees. |
| Who is the CEO of Heritage Global? | Heritage Global's CEO is Ross Dove. |
| Is Heritage Global publicly listed? | Yes, Heritage Global is a public company listed on Nasdaq. |
| What is the stock symbol of Heritage Global? | Heritage Global trades under HGBL ticker. |
| When did Heritage Global go public? | Heritage Global went public in 1989. |
| Who are competitors of Heritage Global? | Heritage Global main competitors are Ktesios Real Estate, NAXS, Acanthe Developpement, Fair Value REIT. |
| What is the current market cap of Heritage Global? | Heritage Global's current market cap is $45M. |
| What is the current revenue of Heritage Global? | Heritage Global's last 12 months revenue is $52M. |
| What is the current revenue growth of Heritage Global? | Heritage Global revenue growth (NTM/LTM) is 11%. |
| What is the current EV/Revenue multiple of Heritage Global? | Current revenue multiple of Heritage Global is 0.6x. |
| Is Heritage Global profitable? | Yes, Heritage Global is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Heritage Global? | Heritage Global's last 12 months EBITDA is $8M. |
| What is Heritage Global's EBITDA margin? | Heritage Global's last 12 months EBITDA margin is 15%. |
| What is the current EV/EBITDA multiple of Heritage Global? | Current EBITDA multiple of Heritage Global is 4.1x. |
| What is the current FCF of Heritage Global? | Heritage Global's last 12 months FCF is ($433K). |
| What is Heritage Global's FCF margin? | Heritage Global's last 12 months FCF margin is (1%). |
| What is the current EV/FCF multiple of Heritage Global? | Current FCF multiple of Heritage Global is (73.1x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.