LQDT Stock Analysis: Liquidity | NASDAQ
Internet Retail | NASDAQ, USA | Market Cap: 1.381m USD | 12M Return: 89% | US53635B1070 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.9M
EPS Trend: 97.8%
Qual. Beats: 4
Rev. Trend: 96.0%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Liquidity Services, Inc. (NASDAQ: LQDT) operates a portfolio of online marketplaces and related services that help government entities and commercial businesses sell surplus, returned, and used assets. The company is organized into four reporting segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio, each addressing a distinct category of secondary-market activity ranging from government surplus and consumer overstock to industrial capital assets and used equipment.
Its marketplaces include GovDeals, Bid4Assets, Sierra, and Liquidation.com, complemented by value-added services such as surplus management, asset valuation, returns management, asset recovery, and ecommerce support. Through Machinio, the company runs a global search engine for used equipment across sectors such as construction, transportation, printing, laboratory/medical, and agriculture, and also provides software tools like website hosting, email marketing, and inventory management to equipment sellers.
The business spans a wide range of asset categories, including consumer electronics, apparel, technology hardware, aerospace parts, industrial capital assets, heavy equipment, fleet and transportation equipment, and real estate. Liquidity Services was incorporated in 1999, is headquartered in Bethesda, Maryland, and completed its IPO in February 2006. As a small-cap Industrials company classified under the Diversified Support Services sub-industry, it sits within the broader reverse-logistics and asset-recovery segment, which benefits from growing corporate and government focus on sustainable disposal of excess inventory and equipment.
- Government surplus budgets drive GovDeals segment revenue
- Retail returns volume expands RSCG contract pipeline
- Industrial capex cycle impacts CAG asset sales demand
| Net Income: 33.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.21 > 0.02 and ΔFCF/TA 10.10 > 1.0 |
| NWC/Revenue: 20.36% < 20% (prev 13.71%; Δ 6.65% < -1%) |
| CFO/TA 0.23 > 3% & CFO 98.2m > Net Income 33.3m |
| Net Debt (-217.5m) to EBITDA (59.5m): -3.65 < 3 |
| Current Ratio: 1.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (32.9m) vs 12m ago 1.09% < -2% |
| Gross Margin: 46.56% > 18% (prev 43.20%; Δ 3.36% > 0.5%) |
| Asset Turnover: 123.6% > 50% (prev 125.0%; Δ -1.43% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.24 (Total Current Assets 271.5m - Total Current Liabilities 171.8m) / Total Assets 420.1m |
| B: 0.15 (Retained Earnings 63.6m / Total Assets 420.1m) |
| C: 0.12 (EBIT TTM 48.9m / Avg Total Assets 396.3m) |
| D: 1.28 (Book Value of Equity 235.9m / Total Liabilities 184.2m) |
| Altman-Z'' = 4.22 = AA |
| DSRI: 0.55 (Receivables 12.5m/21.7m, Revenue 489.6m/465.5m) |
| GMI: 0.93 (GM 43.20% / 46.56%) |
| AQI: 0.84 (AQ_t 0.28 / AQ_t-1 0.33) |
| SGI: 1.05 (Revenue 489.6m / 465.5m) |
| TATA: -0.15 (NI 33.3m - CFO 98.2m) / TA 420.1m) |
| Beneish M = -3.54 (Cap -4..+1) = AAA |
As of October 18, 2026, the stock is trading at USD 43.86 with a total of 242,643 shares traded. Over the past week, the price has changed by +1.69%, over one month by +1.57%, over three months by +10.98% and over the past year by +88.97%.
Current recommended Stop Loss: 42.40 (which is 3.3% or 1.3 ATR below the current price).
Liquidity has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy LQDT.
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 51 | 16.3% |
P/E Trailing = 43.2255
P/E Forward = 24.57
P/S = 2.8214
P/B = 5.707
P/EG = 1.7814
Revenue TTM = 489.6m USD
EBIT TTM = 48.9m USD
EBITDA TTM = 59.5m USD
Long Term Debt = 9.09m USD (estimated: total debt 13.6m - short term 4.50m)
Short Term Debt = 4.50m USD (from shortTermDebt, last quarter)
Debt = 13.6m USD (from shortLongTermDebtTotal, last quarter) (leases 13.6m already included)
Net Debt = -217.5m USD (calculated: Debt 13.6m - CCE 231.1m)
Enterprise Value = 1.16b USD (1.38b + Debt 13.6m - CCE 231.1m)
Interest Coverage Ratio = unknown (Ebit TTM 48.9m / Interest Expense TTM 0.0)
EV/FCF = 12.93x (Enterprise Value 1.16b / FCF TTM 90.0m)
FCF Yield = 7.73% (FCF TTM 90.0m / Enterprise Value 1.16b)
FCF Margin = 18.38% (FCF TTM 90.0m / Revenue TTM 489.6m)
Net Margin = 6.79% (Net Income TTM 33.3m / Revenue TTM 489.6m)
Gross Margin = 46.56% ((Revenue TTM 489.6m - Cost of Revenue TTM 261.6m) / Revenue TTM)
Gross Margin QoQ = 49.26% (prev 44.09%)
Tobins Q-Ratio = 2.77 (Enterprise Value 1.16b / Total Assets 420.1m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 13.6m)
Taxrate = 32.04% (15.7m / 48.9m)
NOPAT = 33.3m (EBIT 48.9m * (1 - 32.04%))
Current Ratio = 1.58 (Total Current Assets 271.5m / Total Current Liabilities 171.8m)
Debt / Equity = 0.06 (Debt 13.6m / totalStockholderEquity, last quarter 235.9m)
Debt / EBITDA = -3.65 (Net Debt -217.5m / EBITDA 59.5m)
Debt / FCF = -2.42 (Net Debt -217.5m / FCF TTM 90.0m)
Total Stockholder Equity = 219.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.39% (Net Income 33.3m / Total Assets 420.1m)
RoE = 15.18% (Net Income TTM 33.3m / Total Stockholder Equity 219.1m)
RoCE = 21.44% (EBIT 48.9m / Capital Employed (Equity 219.1m + L.T.Debt 9.09m))
RoIC = 14.57% (NOPAT 33.3m / Invested Capital 228.3m)
WACC = 6.11% (E(1.38b)/V(1.40b) * Re(6.17%) + D(13.6m)/V(1.40b) * Rd(0.0%) * (1-Tc(0.32)))
Discount Rate = 6.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 84.86 | Cagr: 1.94%
[DCF] Terminal Value 77.97% ; FCFF base≈70.9m ; Y1≈81.2m ; Y5≈119.5m
[DCF] Fair Price = 64.35 (EV 1.80b - Net Debt -217.5m = Equity 2.02b / Shares 31.3m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 97.79 | EPS CAGR: 21.75% | SUE: 3.53 | # QB: 4
Revenue Correlation: 95.97 | Revenue CAGR: 21.53% | SUE: 2.43 | # QB: 4
EPS current Quarter (2026-12-31): EPS=0.43 | Chg30d=+1.18% | Revisions=+40% | Analysts=2
EPS current Year (2026-09-30): EPS=1.65 | Chg30d=+9.63% | Revisions=+40% | GrowthEPS=+28.9% | GrowthRev=-11.3%
EPS next Year (2027-09-30): EPS=1.84 | Chg30d=+8.55% | Revisions=+40% | GrowthEPS=+11.5% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +67% (up=6, down=0)