(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) 4.5
| Net Income: 28.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA -1.96 > 1.0 |
| NWC/Revenue: 12.77% < 20% (prev 11.50%; Δ 1.27% < -1%) |
| CFO/TA 0.18 > 3% & CFO 66.8m > Net Income 28.1m |
| Net Debt (-160.5m) to EBITDA (45.5m): -3.53 < 3 |
| Current Ratio: 1.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (32.3m) vs 12m ago 2.15% < -2% |
| Gross Margin: 43.81% > 18% (prev 0.51%; Δ 4330 % > 0.5%) |
| Asset Turnover: 132.0% > 50% (prev 104.7%; Δ 27.31% > 0%) |
| Interest Coverage Ratio: -8.02 > 6 (EBITDA TTM 45.5m / Interest Expense TTM -4.38m) |
Altman Z'' 2.22
| A: 0.16 (Total Current Assets 222.5m - Total Current Liabilities 161.6m) / Total Assets 375.1m |
| B: 0.10 (Retained Earnings 38.1m / Total Assets 375.1m) |
| C: 0.10 (EBIT TTM 35.1m / Avg Total Assets 361.0m) |
| D: 0.16 (Book Value of Equity 27.5m / Total Liabilities 171.9m) |
| Altman-Z'' Score: 2.22 = BBB |
Beneish M -3.01
| DSRI: 0.73 (Receivables 12.5m/13.0m, Revenue 476.7m/363.3m) |
| GMI: 1.16 (GM 43.81% / 50.97%) |
| AQI: 0.95 (AQ_t 0.33 / AQ_t-1 0.35) |
| SGI: 1.31 (Revenue 476.7m / 363.3m) |
| TATA: -0.10 (NI 28.1m - CFO 66.8m) / TA 375.1m) |
| Beneish M-Score: -3.01 (Cap -4..+1) = AA |
What is the price of LQDT shares?
Over the past week, the price has changed by +1.59%, over one month by +5.01%, over three months by +46.71% and over the past year by -1.84%.
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 | 41 | 26.1% |
| Analysts Target Price | 41 | 26.1% |
| ValueRay Target Price | 37 | 13.7% |
LQDT Fundamental Data Overview February 04, 2026
P/E Forward = 25.0
P/S = 2.1094
P/B = 4.8548
P/EG = 1.7814
Revenue TTM = 476.7m USD
EBIT TTM = 35.1m USD
EBITDA TTM = 45.5m USD
Long Term Debt = 13.8m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 5.19m USD (from shortTermDebt, last quarter)
Debt = 14.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -160.5m USD (from netDebt column, last quarter)
Enterprise Value = 833.8m USD (1.01b + Debt 14.1m - CCE 185.8m)
Interest Coverage Ratio = -8.02 (Ebit TTM 35.1m / Interest Expense TTM -4.38m)
EV/FCF = 14.14x (Enterprise Value 833.8m / FCF TTM 59.0m)
FCF Yield = 7.07% (FCF TTM 59.0m / Enterprise Value 833.8m)
FCF Margin = 12.37% (FCF TTM 59.0m / Revenue TTM 476.7m)
Net Margin = 5.89% (Net Income TTM 28.1m / Revenue TTM 476.7m)
Gross Margin = 43.81% ((Revenue TTM 476.7m - Cost of Revenue TTM 267.9m) / Revenue TTM)
Gross Margin QoQ = 47.81% (prev 45.69%)
Tobins Q-Ratio = 2.22 (Enterprise Value 833.8m / Total Assets 375.1m)
Interest Expense / Debt = 6.78% (Interest Expense 958.0k / Debt 14.1m)
Taxrate = 36.15% (4.43m / 12.2m)
NOPAT = 22.4m (EBIT 35.1m * (1 - 36.15%))
Current Ratio = 1.38 (Total Current Assets 222.5m / Total Current Liabilities 161.6m)
Debt / Equity = 0.07 (Debt 14.1m / totalStockholderEquity, last quarter 203.2m)
Debt / EBITDA = -3.53 (Net Debt -160.5m / EBITDA 45.5m)
Debt / FCF = -2.72 (Net Debt -160.5m / FCF TTM 59.0m)
Total Stockholder Equity = 199.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.78% (Net Income 28.1m / Total Assets 375.1m)
RoE = 14.09% (Net Income TTM 28.1m / Total Stockholder Equity 199.3m)
RoCE = 16.45% (EBIT 35.1m / Capital Employed (Equity 199.3m + L.T.Debt 13.8m))
RoIC = 11.23% (NOPAT 22.4m / Invested Capital 199.3m)
WACC = 8.42% (E(1.01b)/V(1.02b) * Re(8.48%) + D(14.1m)/V(1.02b) * Rd(6.78%) * (1-Tc(0.36)))
Discount Rate = 8.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.59%
[DCF Debug] Terminal Value 77.86% ; FCFF base≈59.9m ; Y1≈65.4m ; Y5≈82.5m
Fair Price DCF = 47.97 (EV 1.32b - Net Debt -160.5m = Equity 1.48b / Shares 30.8m; r=8.42% [WACC]; 5y FCF grow 10.44% → 2.90% )
EPS Correlation: 15.61 | EPS CAGR: -42.45% | SUE: -4.0 | # QB: 0
Revenue Correlation: 93.62 | Revenue CAGR: 16.45% | SUE: 1.78 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.28 | Chg30d=-0.035 | Revisions Net=+0 | Analysts=2
EPS current Year (2026-09-30): EPS=1.39 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+8.6% | Growth Revenue=-11.3%
EPS next Year (2027-09-30): EPS=1.43 | Chg30d=N/A | Revisions Net=+0 | Growth EPS=+2.9% | Growth Revenue=+0.0%