Innoviz Technologies Ltd. (INVZ)

NASDAQ: INVZ · IEX Real-Time Price · USD
1.350
+0.020 (1.50%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

INVZ has a market cap or net worth of $223.88 million. The enterprise value is $110.97 million.

Market Cap 223.88M
Enterprise Value 110.97M

Important Dates

The next estimated earnings date is Wednesday, May 15, 2024, before market open.

Earnings Date May 15, 2024
Ex-Dividend Date n/a

Share Statistics

INVZ has 165.84 million shares outstanding. The number of shares has increased by 9.06% in one year.

Shares Outstanding 165.84M
Shares Change (YoY) +9.06%
Shares Change (QoQ) +9.42%
Owned by Insiders (%) 2.05%
Owned by Institutions (%) 42.33%
Float 152.05M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 10.72
Forward PS 5.66
PB Ratio 1.46
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 5.32
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 4.31, with a Debt / Equity ratio of 0.21.

Current Ratio 4.31
Quick Ratio 4.10
Debt / Equity 0.21
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 13.54

Financial Efficiency

Return on equity (ROE) is -78.40% and return on invested capital (ROIC) is -71.37%.

Return on Equity (ROE) -78.40%
Return on Assets (ROA) -56.10%
Return on Capital (ROIC) -71.37%
Revenue Per Employee $42,779
Profits Per Employee -$252,980
Employee Count 488
Asset Turnover 0.10
Inventory Turnover 10.65

Taxes

In the past 12 months, INVZ has paid $642,000 in taxes.

Income Tax 642,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -57.41% in the last 52 weeks. The beta is 1.03, so INVZ's price volatility has been similar to the market average.

Beta (1Y) 1.03
52-Week Price Change -57.41%
50-Day Moving Average 1.57
200-Day Moving Average 2.14
Relative Strength Index (RSI) 40.23
Average Volume (30 Days) 3,183,885

Short Selling Information

The latest short interest is 12.40 million, so 7.48% of the outstanding shares have been sold short.

Short Interest 12.40M
Short Previous Month 14.75M
Short % of Shares Out 7.48%
Short % of Float 8.15%
Short Ratio (days to cover) 4.64

Income Statement

In the last 12 months, INVZ had revenue of $20.88 million and -$123.45 million in losses. Loss per share was -$0.84.

Revenue 20.88M
Gross Profit -11.61M
Operating Income -132.60M
Pretax Income -122.81M
Net Income -123.45M
EBITDA -123.41M
EBIT -132.60M
Loss Per Share -$0.84
Full Income Statement

Balance Sheet

The company has $145.42 million in cash and $32.51 million in debt, giving a net cash position of $112.91 million or $0.68 per share.

Cash & Cash Equivalents 145.42M
Total Debt 32.51M
Net Cash 112.91M
Net Cash Per Share $0.68
Equity / Book Value 153.29M
Book Value Per Share 0.92
Working Capital 123.23M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$93.05 million and capital expenditures -$6.58 million, giving a free cash flow of -$99.63 million.

Operating Cash Flow -93.05M
Capital Expenditures -6.58M
Free Cash Flow -99.63M
FCF Per Share -$0.68
Full Cash Flow Statement

Margins

Gross margin is -55.63%, with operating and profit margins of -635.19% and -591.37%.

Gross Margin -55.63%
Operating Margin -635.19%
Pretax Margin -588.29%
Profit Margin -591.37%
EBITDA Margin -591.16%
EBIT Margin -635.19%
FCF Margin -477.26%

Dividends & Yields

INVZ 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 n/a
Payout Ratio n/a
Buyback Yield -9.06%
Shareholder Yield -9.06%
Earnings Yield -55.14%
FCF Yield -44.50%

Analyst Forecast

The average price target for INVZ is $4.94, which is 265.93% higher than the current price. The consensus rating is "Buy".

Price Target $4.94
Price Target Difference 265.93%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) 132.82%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date Apr 6, 2021
Split Type n/a
Split Ratio 1:1

Scores

INVZ has an Altman Z-Score of -3.25 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -3.25
Piotroski F-Score 4