Heritage Global Inc. (HGBL) vs Streamex Corp. (STEX)

Heritage Global Inc. and Streamex Corp. are both Capital Markets companies. Heritage Global Inc. and Streamex Corp. are of similar size ($47.5M and $43.3M). Streamex Corp. grew revenue faster over the last twelve months: 21.6% against −1.50%. Heritage Global Inc. has the higher net margin (−29.6% vs −269,272.6%) and the higher return on invested capital (−26.0% vs −47.9%). Across the 17 metrics below, Heritage Global Inc. leads on 11 and Streamex Corp. on 6.

Valuation

Metric HGBL STEX Capital Markets median
P/E n/m n/m 14.20
P/S 0.93 362.07 2.00
P/B 0.87 0.46 1.51
Price to free cash flow n/m n/m 6.36
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (31.54%) (2,445.95%) (3.94%)
Free cash flow yield (2.43%) (44.93%) (1.62%)

Profitability

Metric HGBL STEX Capital Markets median
Gross margin 64.83% 100.00% 62.80%
Operating margin (36.98%) (53,038.71%) 0.00%
Net margin (29.63%) (269,272.58%) (0.55%)
Free cash flow margin (2.27%) (16,108.60%) 0.00%
Return on equity (24.29%) (697.91%) 0.00%
Return on assets (18.08%) (371.96%) 0.00%
Return on invested capital (26.01%) (47.93%) 0.00%

Growth

Metric HGBL STEX Capital Markets median
Revenue growth (TTM) (1.50%) 21.57% 20.70%
EPS growth (last fiscal year) (28.57%) (1,186.67%) 22.92%
Revenue growth, 5-year CAGR 14.25% — 18.16%
Net income growth, 5-year CAGR (17.97%) 0.00% 0.00%

Health

Metric HGBL STEX Capital Markets median
Debt to equity 0.08 0.00 0.08
Current ratio 1.69 20.21 1.50
Net debt to EBITDA (2.39) 0.45 (0.24)

Dividend

Metric HGBL STEX Capital Markets median
Dividend yield — — 1.36%
Payout ratio — — 0.19

Size

Metric HGBL STEX Capital Markets median
Market cap 43.30m 47.49m 565.91m

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