INNOVATE Statistics
Total Valuation
INNOVATE has a market cap or net worth of $255.78 million. The enterprise value is $904.56 million.
| Market Cap | 255.78M |
| Enterprise Value | 904.56M |
Important Dates
The next estimated earnings date is Tuesday, August 4, 2026, after market close.
| Earnings Date | Aug 4, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
INNOVATE has 13.64 million shares outstanding. The number of shares has increased by 10.55% in one year.
| Current Share Class | 13.64M |
| Shares Outstanding | 13.64M |
| Shares Change (YoY) | +10.55% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 62.79% |
| Owned by Institutions (%) | 17.29% |
| Float | 4.33M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.20 |
| Forward PS | n/a |
| PB Ratio | n/a |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 1.57 |
| P/OCF Ratio | 1.33 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.87, with an EV/FCF ratio of 5.18.
| EV / Earnings | n/a |
| EV / Sales | 0.68 |
| EV / EBITDA | 13.87 |
| EV / EBIT | 25.62 |
| EV / FCF | 5.18 |
Financial Position
The company has a current ratio of 0.40
| Current Ratio | 0.40 |
| Quick Ratio | 0.37 |
| Debt / Equity | n/a |
| Debt / EBITDA | 7.01 |
| Debt / FCF | 4.38 |
| Interest Coverage | 0.38 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | 2.44% |
| Return on Invested Capital (ROIC) | 8.95% |
| Return on Capital Employed (ROCE) | -42.53% |
| Weighted Average Cost of Capital (WACC) | 11.60% |
| Revenue Per Employee | $357,571 |
| Profits Per Employee | -$15,088 |
| Employee Count | 3,738 |
| Asset Turnover | 1.48 |
| Inventory Turnover | 64.32 |
Taxes
| Income Tax | -1.70M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +284.15% in the last 52 weeks. The beta is 2.34, so INNOVATE's price volatility has been higher than the market average.
| Beta (5Y) | 2.34 |
| 52-Week Price Change | +284.15% |
| 50-Day Moving Average | 13.48 |
| 200-Day Moving Average | 7.19 |
| Relative Strength Index (RSI) | 70.06 |
| Average Volume (20 Days) | 76,598 |
Short Selling Information
The latest short interest is 243,606, so 1.79% of the outstanding shares have been sold short.
| Short Interest | 243,606 |
| Short Previous Month | 268,123 |
| Short % of Shares Out | 1.79% |
| Short % of Float | 5.62% |
| Short Ratio (days to cover) | 3.96 |
Income Statement
In the last 12 months, INNOVATE had revenue of $1.34 billion and -$56.40 million in losses. Loss per share was -$4.25.
| Revenue | 1.34B |
| Gross Profit | 207.70M |
| Operating Income | 35.30M |
| Pretax Income | -57.00M |
| Net Income | -56.40M |
| EBITDA | 65.20M |
| EBIT | 35.30M |
| Loss Per Share | -$4.25 |
Balance Sheet
The company has $134.60 million in cash and $765.50 million in debt, with a net cash position of -$630.90 million or -$46.25 per share.
| Cash & Cash Equivalents | 134.60M |
| Total Debt | 765.50M |
| Net Cash | -630.90M |
| Net Cash Per Share | -$46.25 |
| Equity (Book Value) | -232.20M |
| Book Value Per Share | -18.79 |
| Working Capital | -613.90M |
Cash Flow
In the last 12 months, operating cash flow was $206.20 million and capital expenditures -$31.60 million, giving a free cash flow of $174.60 million.
| Operating Cash Flow | 206.20M |
| Capital Expenditures | -31.60M |
| Depreciation & Amortization | 29.90M |
| Net Borrowing | -74.10M |
| Free Cash Flow | 174.60M |
| FCF Per Share | $12.80 |
Margins
Gross margin is 15.54%, with operating and profit margins of 2.64% and -3.96%.
| Gross Margin | 15.54% |
| Operating Margin | 2.64% |
| Pretax Margin | -4.26% |
| Profit Margin | -3.96% |
| EBITDA Margin | 4.88% |
| EBIT Margin | 2.64% |
| FCF Margin | 13.06% |
Dividends & Yields
INNOVATE 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 | -10.55% |
| Shareholder Yield | -10.55% |
| Earnings Yield | -20.61% |
| FCF Yield | 63.80% |
Analyst Forecast
The average price target for INNOVATE is $50.00, which is 166.67% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $50.00 |
| Price Target Difference | 166.67% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (3Y) | n/a |
| EPS Growth Forecast (3Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on August 9, 2024. It was a reverse split with a ratio of 1:10.
| Last Split Date | Aug 9, 2024 |
| Split Type | Reverse |
| Split Ratio | 1:10 |
Scores
INNOVATE has an Altman Z-Score of -0.09 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.09 |
| Piotroski F-Score | 5 |