Innoviva, Inc. (INVA)

NASDAQ: INVA · IEX Real-Time Price · USD
15.23
-0.06 (-0.39%)
Mar 28, 2024, 3:59 PM EDT - Market closed

Total Valuation

Innoviva has a market cap or net worth of $966.75 million. The enterprise value is $1.22 billion.

Market Cap 966.75M
Enterprise Value 1.22B

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, after market close.

Earnings Date May 7, 2024
Ex-Dividend Date n/a

Share Statistics

Innoviva has 63.23 million shares outstanding. The number of shares has decreased by -8.79% in one year.

Shares Outstanding 63.23M
Shares Change (YoY) -8.79%
Shares Change (QoQ) -1.36%
Owned by Insiders (%) 1.59%
Owned by Institutions (%) 117.63%
Float 51.14M

Valuation Ratios

The trailing PE ratio is 6.94 and the forward PE ratio is 25.81. Innoviva's PEG ratio is 0.24.

PE Ratio 6.94
Forward PE 25.81
PS Ratio 3.11
Forward PS 4.37
PB Ratio 1.43
P/FCF Ratio 6.87
PEG Ratio 0.24
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.90, with an EV/FCF ratio of 8.67.

EV / Earnings 6.79
EV / Sales 3.93
EV / EBITDA 4.90
EV / EBIT 5.72
EV / FCF 8.67

Financial Position

The company has a current ratio of 9.03, with a Debt / Equity ratio of 0.66.

Current Ratio 9.03
Quick Ratio 7.28
Debt / Equity 0.66
Debt / EBITDA 1.79
Debt / FCF 3.17
Interest Coverage 11.13

Financial Efficiency

Return on equity (ROE) is 29.70% and return on invested capital (ROIC) is 8.99%.

Return on Equity (ROE) 29.70%
Return on Assets (ROA) 15.40%
Return on Capital (ROIC) 8.99%
Revenue Per Employee $2.77M
Profits Per Employee $1.60M
Employee Count 112
Asset Turnover 0.27
Inventory Turnover 0.88

Taxes

In the past 12 months, Innoviva has paid $14.38 million in taxes.

Income Tax 14.38M
Effective Tax Rate 7.41%

Stock Price Statistics

The stock price has increased by +34.36% in the last 52 weeks. The beta is 0.57, so Innoviva's price volatility has been lower than the market average.

Beta (1Y) 0.57
52-Week Price Change +34.36%
50-Day Moving Average 15.56
200-Day Moving Average 14.11
Relative Strength Index (RSI) 54.21
Average Volume (30 Days) 685,316

Short Selling Information

The latest short interest is 13.02 million, so 20.59% of the outstanding shares have been sold short.

Short Interest 13.02M
Short Previous Month 13.32M
Short % of Shares Out 20.59%
Short % of Float 25.46%
Short Ratio (days to cover) 13.86

Income Statement

In the last 12 months, Innoviva had revenue of $310.46 million and earned $179.72 million in profits. Earnings per share was $2.20.

Revenue 310.46M
Gross Profit 267.82M
Operating Income 108.92M
Pretax Income 194.10M
Net Income 179.72M
EBITDA 248.96M
EBIT 213.26M
Earnings Per Share (EPS) $2.20
Full Income Statement

Balance Sheet

The company has $193.51 million in cash and $446.23 million in debt, giving a net cash position of -$252.72 million or -$4.00 per share.

Cash & Cash Equivalents 193.51M
Total Debt 446.23M
Net Cash -252.72M
Net Cash Per Share -$4.00
Equity / Book Value 674.96M
Book Value Per Share 10.68
Working Capital 306.09M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $141.06 million and capital expenditures -$411,000, giving a free cash flow of $140.65 million.

Operating Cash Flow 141.06M
Capital Expenditures -411,000
Free Cash Flow 140.65M
FCF Per Share $2.15
Full Cash Flow Statement

Margins

Gross margin is 86.27%, with operating and profit margins of 35.08% and 57.89%.

Gross Margin 86.27%
Operating Margin 35.08%
Pretax Margin 62.52%
Profit Margin 57.89%
EBITDA Margin 80.19%
EBIT Margin 68.69%
FCF Margin 45.30%

Dividends & Yields

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

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth 2
Payout Ratio n/a
Buyback Yield 8.79%
Shareholder Yield 8.79%
Earnings Yield 18.59%
FCF Yield 14.55%
Dividend Details

Analyst Forecast

The average price target for Innoviva is $22.50, which is 47.74% higher than the current price. The consensus rating is "Strong Buy".

Price Target $22.50
Price Target Difference 47.74%
Analyst Consensus Strong Buy
Analyst Count 1
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

Scores

Innoviva has an Altman Z-Score of 2.1 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.1
Piotroski F-Score 5