EDSA vs HGBL

Comparison between Edesa Biotech Inc (EDSA, Company) and Heritage Global Inc (HGBL, Company).

EDSA is from the Healthcare sector, while HGBL is from the Financial Services sector.

5-Year PerformanceHGBL has outperformed EDSA, delivering a return of -15.1% compared to -32.3%

EDSA vs HGBL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EDSA(COMPANY)	HGBL(COMPANY)
Market Cap	$46M	$46M
Max Drawdown	99.97%	74.19%
Sharpe Ratio	1.30	-1.02
5Y Beta	0.20	0.48
Industry	Biotechnology	Capital Markets
P/E Ratio	-3.99	14.26
Forward P/E	0.18	18.02
PEG Ratio	N/A	3.60
5Y EPS CAGR	9.14%	-21.56%
Debt to Equity	0.00%	6.05%
Free Cash Flow Yield	-16.26%	-1.69%
P/S Ratio	130462.29	0.90
P/B Ratio	25.43	0.68

Market Cap

Winner

EDSA

$46M

HGBL

$46M

Max Drawdown

EDSA

99.97%

Winner

HGBL

74.19%

Sharpe Ratio

Winner

EDSA

1.30

HGBL

-1.02

5Y Beta

Winner

EDSA

0.20

HGBL

0.48

Industry

EDSA

Biotechnology

HGBL

Capital Markets

P/E Ratio

Winner

EDSA

-3.99

HGBL

14.26

Forward P/E

Winner

EDSA

0.18

HGBL

18.02

PEG Ratio

EDSA

N/A

HGBL

3.60

5Y EPS CAGR

Winner

EDSA

9.14%

HGBL

-21.56%

Debt to Equity

Winner

EDSA

0.00%

HGBL

6.05%

Free Cash Flow Yield

EDSA

-16.26%

Winner

HGBL

-1.69%

P/S Ratio

EDSA

130462.29

Winner

HGBL

0.90

P/B Ratio

EDSA

25.43

Winner

HGBL

0.68

EDSA vs HGBL - Historical Returns

Returns include dividend reinvestment.

Period	EDSA	HGBL
1 month	-56.29%	+5.83%
3 months	-9.09%	+3.25%
6 months	+233.33%	-5.93%
1 year	+196.68%	-36.50%
5 years(CAGR)	-32.32%	-15.10%
10 years(CAGR)	-38.89%	+21.58%
Max(CAGR)	-44.11%	+19.38%

EDSA

-56.29%

Winner

HGBL

+5.83%

EDSA

-9.09%

Winner

HGBL

+3.25%

Winner

EDSA

+233.33%

HGBL

-5.93%

Winner

EDSA

+196.68%

HGBL

-36.50%

5Y(CAGR)

EDSA

-32.32%

Winner

HGBL

-15.10%

10Y(CAGR)

EDSA

-38.89%

Winner

HGBL

+21.58%

Max(CAGR)

EDSA

-44.11%

Winner

HGBL

+19.38%

EDSA vs HGBL - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	EDSA	HGBL
2026	+286.67%	+3.25%
2025	-25.48%	-33.69%
2024	-64.10%	-32.73%
2023	-67.36%	+15.35%
2022	-63.82%	+32.02%
2021	+30.93%	-34.84%
2020	+3.91%	+180.00%
2019	-28.82%	+117.78%
2018	-84.71%	+1.00%
2017	-60.87%	-34.12%
2016	-69.05%	+135.00%
2015	-31.03%	N/A

EDSA vs HGBL Drawdown Comparison

The maximum drawdown for EDSA was -99.97%, occurring on Feb 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for HGBL was -74.19%, occurring on May 12, 2022. Recovery took 698 trading sessions.

The current EDSA drawdown is -99.79%. The current HGBL drawdown is -68.49%.

Rank	EDSA	HGBL
#1	-99.97% Nov 5, 2015 - Feb 20, 2026	-74.19% Aug 26, 2020 - Jun 6, 2023
#2	N/A	-70.97% Jul 17, 2023 - Mar 13, 2026
#3	N/A	-65.33% Jan 25, 2017 - Nov 5, 2018
#4	N/A	-62.57% Feb 5, 2016 - Aug 24, 2016
#5	N/A	-52.63% Nov 5, 2018 - Sep 23, 2019
#6	N/A	-44.23% Sep 2, 2016 - Jan 3, 2017
#7	N/A	-36.00% Oct 1, 2019 - May 5, 2020
#8	N/A	-19.54% Jan 19, 2016 - Feb 5, 2016
#9	N/A	-14.50% Jul 2, 2020 - Jul 24, 2020
#10	N/A	-12.82% May 5, 2020 - May 22, 2020
#11	N/A	-12.78% Jun 12, 2020 - Jun 19, 2020
#12	N/A	-12.50% Jun 6, 2023 - Jul 17, 2023
#13	N/A	-11.56% Jun 30, 2020 - Jul 2, 2020
#14	N/A	-9.77% Jan 13, 2017 - Jan 23, 2017
#15	N/A	-8.05% Aug 3, 2020 - Aug 5, 2020

Correlation

Correlation between EDSA and HGBL is -0.50 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.50

-101