Innoviva, Inc. (INVA)

NASDAQ: INVA · IEX Real-Time Price · USD
+0.22 (1.64%)
Nov 30, 2023, 11:58 AM EST - Market open

Total Valuation

Innoviva has a market cap or net worth of $893.37 million. The enterprise value is $1.14 billion.

Market Cap 893.37M
Enterprise Value 1.14B

Important Dates

The last earnings date was Wednesday, November 1, 2023, after market close.

Earnings Date Nov 1, 2023
Ex-Dividend Date n/a

Share Statistics

Innoviva has 64.09 million shares outstanding. The number of shares has decreased by -10.09% in one year.

Shares Outstanding 64.09M
Shares Change (YoY) -10.09%
Shares Change (QoQ) +31.57%
Owned by Insiders (%) 1.34%
Owned by Institutions (%) 110.39%
Float 52.21M

Valuation Ratios

The trailing PE ratio is 19.01 and the forward PE ratio is 18.14. Innoviva's PEG ratio is 0.24.

PE Ratio 19.01
Forward PE 18.14
PS Ratio 3.02
Forward PS 3.75
PB Ratio 1.40
P/FCF Ratio 7.54
PEG Ratio 0.24
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.67, with an EV/FCF ratio of 9.82.

EV / Earnings 22.92
EV / Sales 3.94
EV / EBITDA 9.67
EV / EBIT 13.38
EV / FCF 9.82

Financial Position

The company has a current ratio of 8.43, with a Debt / Equity ratio of 0.71.

Current Ratio 8.43
Quick Ratio 6.85
Debt / Equity 0.71
Debt / EBITDA 3.77
Debt / FCF 3.83
Interest Coverage 4.96

Financial Efficiency

Return on equity (ROE) is 8.60% and return on invested capital (ROIC) is 6.38%.

Return on Equity (ROE) 8.60%
Return on Assets (ROA) 4.30%
Return on Capital (ROIC) 6.38%
Revenue Per Employee $2.88M
Profits Per Employee $493,832
Employee Count 101
Asset Turnover 0.25
Inventory Turnover 0.71


In the past 12 months, Innoviva has paid $18.33 million in taxes.

Income Tax 18.33M
Effective Tax Rate 26.88%

Stock Price Statistics

The stock price has increased by +6.29% in the last 52 weeks. The beta is 0.50, so Innoviva's price volatility has been lower than the market average.

Beta (1Y) 0.50
52-Week Price Change +6.29%
50-Day Moving Average 13.23
200-Day Moving Average 12.65
Relative Strength Index (RSI) 56.08
Average Volume (30 Days) 692,515

Short Selling Information

The latest short interest is 9.61 million, so 14.99% of the outstanding shares have been sold short.

Short Interest 9.61M
Short Previous Month 8.97M
Short % of Shares Out 14.99%
Short % of Float 18.40%
Short Ratio (days to cover) 12.81

Income Statement

In the last 12 months, Innoviva had revenue of $290.43 million and earned $49.88 million in profits. Earnings per share was $0.72.

Revenue 290.43M
Gross Profit 250.80M
Operating Income 93.63M
Pretax Income 68.21M
Net Income 49.88M
EBITDA 118.16M
EBIT 85.44M
Earnings Per Share (EPS) $0.72
Full Income Statement

Balance Sheet

The company has $180.00 million in cash and $445.72 million in debt, giving a net cash position of -$265.72 million or -$4.15 per share.

Cash & Cash Equivalents 180.00M
Total Debt 445.72M
Net Cash -265.72M
Net Cash Per Share -$4.15
Equity / Book Value 627.49M
Book Value Per Share 9.79
Working Capital 268.82M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $116.71 million and capital expenditures -$294,000, giving a free cash flow of $116.41 million.

Operating Cash Flow 116.71M
Capital Expenditures -294,000
Free Cash Flow 116.41M
FCF Per Share $1.79
Full Cash Flow Statement


Gross margin is 86.36%, with operating and profit margins of 32.24% and 17.17%.

Gross Margin 86.36%
Operating Margin 32.24%
Pretax Margin 23.49%
Profit Margin 17.17%
EBITDA Margin 40.68%
EBIT Margin 29.42%
FCF Margin 40.08%

Dividends & Yields

Innoviva does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 5.68%
FCF Yield 13.27%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield 10.09%
Shareholder Yield 10.09%
Dividend Details

Analyst Forecast

The average price target for Innoviva is $15.17, which is 9.02% higher than the current price. The consensus rating is "Hold".

Price Target $15.17
Price Target Difference 9.02%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on June 3, 2014. It was a forward split with a ratio of 1241:1000.

Last Split Date Jun 3, 2014
Split Type Forward
Split Ratio 1241:1000


Innoviva has an Altman Z-Score of 1.59 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.59
Piotroski F-Score 6