LQDT Stock Analysis: Liquidity | NASDAQ
Internet Retail | NASDAQ, USA | Market Cap: 1.345m USD | 12M Return: 65.5% | US53635B1070 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.82M
EPS Trend: 97.8%
Qual. Beats: 4
Rev. Trend: 96.0%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
Seasonality 11.6 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 online marketplaces that help government agencies and commercial businesses sell surplus, returned, and overstocked assets. Founded in 1999 and headquartered in Bethesda, Maryland, the company has been publicly traded since its February 2006 IPO. It is classified within the Industrials sector under the Diversified Support Services sub-industry.
The business is organized into four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its platforms include GovDeals, Bid4Assets, Sierra, and Liquidation.com, serving categories such as consumer electronics, apparel, heavy equipment, fleet and transportation assets, real estate, and industrial machinery. Machinio operates as a global search engine for used equipment listings and offers paid software tools-including website hosting, email marketing, and inventory management-to equipment dealers.
The company operates within the B2B asset disposition and reverse logistics industry, which exists to help organizations recover value from excess or obsolete inventory. Its marketplace model allows it to generate transaction-based revenue without holding material inventory on its own balance sheet, while demand for its services is closely tied to retail return volumes, government procurement cycles, and the rate of industrial capital equipment turnover.
- GovDeals segment scales with rising government surplus asset volume
- Retail Supply Chain Group expands as e-commerce returns and overstock accelerate
- Capital Assets Group margins pressure amid industrial equipment demand softness
| 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 August 18, 2026, the stock is trading at USD 42.71 with a total of 239,249 shares traded. Over the past week, the price has changed by +4.40%, over one month by +8.07%, over three months by +26.06% and over the past year by +65.54%.
Current recommended Stop Loss: 38.40 (which is 10.1% or 2.7 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 | 19.4% |
P/E Trailing = 42.5149
P/E Forward = 25.7069
P/S = 2.7478
P/B = 5.424
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 = 1.13b USD (1.35b + Debt 13.6m - CCE 231.1m)
Interest Coverage Ratio = unknown (Ebit TTM 48.9m / Interest Expense TTM 0.0)
EV/FCF = 12.53x (Enterprise Value 1.13b / FCF TTM 90.0m)
FCF Yield = 7.98% (FCF TTM 90.0m / Enterprise Value 1.13b)
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 = 2.68 (Enterprise Value 1.13b / 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 = 6.76% (E(1.35b)/V(1.36b) * Re(6.83%) + D(13.6m)/V(1.36b) * Rd(0.0%) * (1-Tc(0.32)))
Discount Rate = 6.83% (= 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=+0% | GrowthEPS=+28.9% | GrowthRev=-11.3%
EPS next Year (2027-09-30): EPS=1.84 | Chg30d=+8.55% | Revisions=+25% | GrowthEPS=+11.5% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +38% (up=4, down=1)