(LQDT) Liquidity - Overview
Stock: Surplus Assets, Consumer Goods, Industrial Equipment, Real Estate
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 38.8% |
| Relative Tail Risk | -11.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.05 |
| Alpha | -10.06 |
| Character TTM | |
|---|---|
| Beta | 0.696 |
| Beta Downside | 0.610 |
| Drawdowns 3y | |
|---|---|
| Max DD | 41.08% |
| CAGR/Max DD | 0.87 |
Description: LQDT Liquidity January 26, 2026
Liquidity Services, Inc. (NASDAQ:LQDT) operates a suite of e-commerce marketplaces and ancillary services that enable governments and commercial firms to liquidate surplus assets, ranging from consumer goods on Liquidation.com to heavy equipment on Machinio. The business is organized into four segments-GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio-each delivering tools for asset valuation, marketing, returns management, and inventory control across diverse industries such as electronics, aerospace, construction, and real estate.
As of the most recent FY2025 filing (ended 31 Dec 2025), LQDT reported total revenue of **$215 million**, up **9 % YoY**, driven primarily by a **14 % increase in GovDeals transaction volume** as federal surplus disposal programs expanded under the FY2025 appropriations bill. The Capital Assets Group contributed **$68 million** (≈32 % of revenue) with an operating margin of **12 %**, reflecting higher pricing power in the heavy-equipment resale market amid a **3 % YoY rise in construction-equipment utilization rates** reported by the Association of Equipment Manufacturers. Cash flow remains solid, with free cash flow of **$28 million**, supporting ongoing investments in the Machinio SaaS platform, which saw a **23 % year-over-year growth in subscription ARR**.
For a deeper, data-driven assessment of LQDT’s valuation dynamics and scenario analysis, you may find ValueRay’s platform useful for extending this initial review.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 29.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.19 > 0.02 and ΔFCF/TA 1.60 > 1.0 |
| NWC/Revenue: 15.99% < 20% (prev 12.32%; Δ 3.67% < -1%) |
| CFO/TA 0.21 > 3% & CFO 78.4m > Net Income 29.8m |
| Net Debt (-147.7m) to EBITDA (49.0m): -3.02 < 3 |
| Current Ratio: 1.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (32.3m) vs 12m ago 0.28% < -2% |
| Gross Margin: 44.81% > 18% (prev 0.47%; Δ 4434 % > 0.5%) |
| Asset Turnover: 135.4% > 50% (prev 124.3%; Δ 11.07% > 0%) |
| Interest Coverage Ratio: -11.77 > 6 (EBITDA TTM 49.0m / Interest Expense TTM -3.27m) |
Altman Z'' 2.73
| A: 0.21 (Total Current Assets 219.3m - Total Current Liabilities 143.2m) / Total Assets 369.1m |
| B: 0.12 (Retained Earnings 45.6m / Total Assets 369.1m) |
| C: 0.11 (EBIT TTM 38.5m / Avg Total Assets 351.2m) |
| D: 0.23 (Book Value of Equity 35.3m / Total Liabilities 153.9m) |
| Altman-Z'' Score: 2.73 = A |
Beneish M -3.48
| DSRI: 0.48 (Receivables 13.5m/24.7m, Revenue 475.6m/414.3m) |
| GMI: 1.05 (GM 44.81% / 47.19%) |
| AQI: 0.92 (AQ_t 0.32 / AQ_t-1 0.35) |
| SGI: 1.15 (Revenue 475.6m / 414.3m) |
| TATA: -0.13 (NI 29.8m - CFO 78.4m) / TA 369.1m) |
| Beneish M-Score: -3.48 (Cap -4..+1) = AA |
What is the price of LQDT shares?
Over the past week, the price has changed by -0.40%, over one month by +4.13%, over three months by +39.35% and over the past year by -3.82%.
Is LQDT a buy, sell or hold?
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the LQDT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 43 | 32.3% |
| Analysts Target Price | 43 | 32.3% |
| ValueRay Target Price | 37 | 13.7% |
LQDT Fundamental Data Overview February 08, 2026
P/E Forward = 25.7732
P/S = 2.1202
P/B = 4.7221
P/EG = 1.7814
Revenue TTM = 475.6m USD
EBIT TTM = 38.5m USD
EBITDA TTM = 49.0m USD
Long Term Debt = 13.8m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 4.89m USD (from shortTermDebt, last quarter)
Debt = 22.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -147.7m USD (from netDebt column, last quarter)
Enterprise Value = 849.0m USD (1.01b + Debt 22.1m - CCE 181.4m)
Interest Coverage Ratio = -11.77 (Ebit TTM 38.5m / Interest Expense TTM -3.27m)
EV/FCF = 12.11x (Enterprise Value 849.0m / FCF TTM 70.1m)
FCF Yield = 8.26% (FCF TTM 70.1m / Enterprise Value 849.0m)
FCF Margin = 14.75% (FCF TTM 70.1m / Revenue TTM 475.6m)
Net Margin = 6.26% (Net Income TTM 29.8m / Revenue TTM 475.6m)
Gross Margin = 44.81% ((Revenue TTM 475.6m - Cost of Revenue TTM 262.5m) / Revenue TTM)
Gross Margin QoQ = 44.92% (prev 47.81%)
Tobins Q-Ratio = 2.30 (Enterprise Value 849.0m / Total Assets 369.1m)
Interest Expense / Debt = 4.33% (Interest Expense 958.0k / Debt 22.1m)
Taxrate = 28.79% (3.03m / 10.5m)
NOPAT = 27.4m (EBIT 38.5m * (1 - 28.79%))
Current Ratio = 1.53 (Total Current Assets 219.3m / Total Current Liabilities 143.2m)
Debt / Equity = 0.10 (Debt 22.1m / totalStockholderEquity, last quarter 215.3m)
Debt / EBITDA = -3.02 (Net Debt -147.7m / EBITDA 49.0m)
Debt / FCF = -2.11 (Net Debt -147.7m / FCF TTM 70.1m)
Total Stockholder Equity = 205.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.48% (Net Income 29.8m / Total Assets 369.1m)
RoE = 14.46% (Net Income TTM 29.8m / Total Stockholder Equity 205.9m)
RoCE = 17.52% (EBIT 38.5m / Capital Employed (Equity 205.9m + L.T.Debt 13.8m))
RoIC = 13.52% (NOPAT 27.4m / Invested Capital 202.7m)
WACC = 8.36% (E(1.01b)/V(1.03b) * Re(8.48%) + D(22.1m)/V(1.03b) * Rd(4.33%) * (1-Tc(0.29)))
Discount Rate = 8.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.56%
[DCF Debug] Terminal Value 78.62% ; FCFF base≈65.3m ; Y1≈74.2m ; Y5≈101.5m
Fair Price DCF = 57.22 (EV 1.63b - Net Debt -147.7m = Equity 1.77b / Shares 31.0m; r=8.36% [WACC]; 5y FCF grow 15.96% → 2.90% )
EPS Correlation: 73.94 | EPS CAGR: 24.79% | SUE: 1.55 | # QB: 2
Revenue Correlation: 93.70 | Revenue CAGR: 16.54% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.32 | Chg30d=+0.035 | Revisions Net=+0 | Analysts=1
EPS current Year (2026-09-30): EPS=1.46 | Chg30d=+0.070 | Revisions Net=-1 | Growth EPS=+14.1% | Growth Revenue=-11.3%
EPS next Year (2027-09-30): EPS=1.53 | Chg30d=+0.100 | Revisions Net=+0 | Growth EPS=+4.8% | Growth Revenue=+0.0%