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INNOVATE Corp (VATE)
NYSE:VATE
Total Valuation
INNOVATE Corp has a market cap or net worth of $77.84M. The enterprise value is $771.72M.
Market Cap$77.84M
Enterprise Value$771.72M
Share Statistics
INNOVATE Corp has 13.28M shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding13.28M
Owned by Insiders64.09%
Owned by Instutions7.08%
Financial Efficiency
INNOVATE Corp’s return on equity (ROE) is 0.25 and return on invested capital (ROIC) is 4.90%.
Return on Equity (ROE)25.22%
Return on Assets (ROA)-3.60%
Return on Invested Capital (ROIC)4.90%
Return on Capital Employed (ROCE)4.64%
Revenue Per Employee$392,822.967
Profits Per Employee-$8,899.522
Employee Count3,135
Asset Turnover1.36
Inventory Turnover53.88
Valuation Ratios
The current PE Ratio of INNOVATE Corp is -2.57. INNOVATE Corp’s PEG ratio is 0.28.
PE Ratio-2.57
PS Ratio0.07
PB Ratio-0.65
Price to Fair Value-0.65
Price to FCF11.95
Price to Operating Cash Flow3.65
PEG Ratio0.28
Income Statement
In the last 12 months, INNOVATE Corp had revenue of $1.23B and earned -$27.90M in profits. Earnings per share was -$3.07.
Revenue$1.23B
Gross Profit$210.40M
Operating Income$41.40M
Pretax Income-$27.80M
Net Income-$27.90M
EBITDA84.20M
Earnings Per Share (EPS)-3.07
Cash Flow
In the last 12 months, operating cash flow was $28.90M and capital expenditures -$16.30M, giving a free cash flow of $12.60M billion.
Operating Cash Flow$28.90M
Free Cash Flow$12.60M
Free Cash Flow per Share$0.95
Dividends & Yields
INNOVATE Corp pays an annual dividend of $84.26, resulting in a dividend yield of
Dividend Per Share$84.26
Dividend Yield
Payout Ratio
Free Cash Flow Yield8.37%
Earnings Yield-38.86%
Stock Price Statistics
Beta2.10
52-Week Price Change-2.32%
50-Day Moving Average8.83
200-Day Moving Average6.34
Relative Strength Index (RSI)35.33
Average Volume (3m)60.80K
Important Dates
INNOVATE Corp upcoming earnings date is May 6, 2025, After Close.
Last Earnings DateMar 31, 2025
Next Earnings DateMay 6, 2025
Ex-Dividend DateAug 28, 2013
Financial Position
INNOVATE Corp as a current ratio of 1.25, with Debt / Equity ratio of -5.18
Current Ratio1.25
Quick Ratio1.20
Debt to Market Cap7.34
Net Debt to EBITDA9.90
Interest Coverage Ratio0.43
Taxes
In the past 12 months, INNOVATE Corp has paid $5.20M in taxes.
Income Tax$5.20M
Effective Tax Rate-13.08%
Enterprise Valuation
INNOVATE Corp EV to EBITDA ratio is 11.29, with an EV/FCF ratio of 97.27.
EV to Sales0.55
EV to EBITDA11.29
EV to Free Cash Flow97.27
EV to Operating Cash Flow29.73
Balance Sheet
INNOVATE Corp has $51.00M in cash and marketable securities with $747.70M in debt, giving a net cash position of $696.70M billion.
Cash & Marketable Securities$51.00M
Total Debt$747.70M
Net Cash$696.70M
Net Cash Per Share$52.45
Tangible Book Value Per Share-$56.23
Margins
Gross margin is 15.18%, with operating margin of 2.05%, and net profit margin of -2.64%.
Gross Margin15.18%
Operating Margin2.05%
Pretax Margin-2.42%
Net Profit Margin-2.64%
EBITDA Margin4.91%
EBIT Margin2.38%
Analyst Forecast
The average price target for INNOVATE Corp is , which is 11.43% higher than the current price. The consensus rating is
Price Target
Price Target Upside
Analyst Consensus
Analyst Count0
Revenue Growth Forecast-22.20%
EPS Growth Forecast34.30%