COMP <GO>
HGBL vs MA // GROSS PROFIT MARGIN
Heritage Global Inc. (NASDAQ) VS. Mastercard Incorporated (NYSE) • 15-METRIC TALLY: HGBL 1
— MA 10
■ METRIC PARITY
LAST: $1.26 (-2.33%) • MKT CAP: $43.6M
gross-margins
27.40%
LAST: $635.70 (+4.16%) • MKT CAP: $556.88B
gross-margins
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HGBL VS. MA)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | HGBL | MA | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin ACTIVE | 27.40% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.70% | 33.50% | -23.80 | MA | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 29.2x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -5.35% | 3.08% | -8.43 | MA | /fcf-yield <GO> |
| Operating Margin | 11.20% | 57.60% | -46.40 | MA | /operating-margins <GO> |
| Net Profit Margin | 7.00% | 45.60% | -38.60 | MA | /net-margins <GO> |
| Revenue Growth (YoY) | 12.40% | 16.40% | -4.00 | MA | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.49% | -0.49 | MA | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.20 | 11.17 | -10.97 | MA | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 8/9 | -2.00 | MA | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 43.7 | 68.8 | -25.06 | MA | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.90 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 10.2x | 31.2x | -21.00 | HGBL | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $43.6M | $556.88B | -$556.84B | MA | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | HGBL REV | MA REV | HGBL GROSS % | MA GROSS % | HGBL FCF | MA FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $51.0M | $32.79B | 27.4% | — | -$2.3M | $17.16B |
| FY 2024 | $45.4M | $28.17B | — | — | $7.6M | $14.31B |
| FY 2023 | $60.5M | $25.10B | — | — | $13.0M | $10.85B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
HGBL // BETA —
MA // BETA 0.90