VATE INNOVATE Corp

  1. Stocks
  2. Communication Services
  3. NYSE: VATE

Price (delayed)

$0.7107

Market cap

$56.31M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$0.48

Enterprise value

$685.31M

HC2 Holdings, Inc.has a class-leading portfolio of assets primarily in Infrastructure, Life Sciences, Spectrum and Insurance. HC2 is headquartered in New York, New York and through its subsidiaries employs more ...

Highlights
The company's quick ratio rose by 40% QoQ and by 9% YoY
The company's gross margin rose by 13% YoY and by 2.7% QoQ
INNOVATE's EPS has increased by 9% YoY but it has decreased by 9% QoQ
The equity has declined by 36% year-on-year and by 4.8% since the previous quarter
The revenue has declined by 13% year-on-year and by 3.3% since the previous quarter
Sector: Communication Services
Industry: Telecom Services
Website: http://hc2.com
Peers: ROCK TPCS VMI

Key stats

What are the main financial stats of VATE
Market
Shares outstanding
79.23M
Market cap
$56.31M
Enterprise value
$685.31M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
N/A
Price to sales (P/S)
0.04
EV/EBIT
18.27
EV/EBITDA
9.32
EV/Sales
0.48
Earnings
Revenue
$1.42B
EBIT
$37.5M
EBITDA
$73.5M
Free cash flow
$9.7M
Per share
EPS
-$0.48
Free cash flow per share
$0.12
Book value per share
-$2.09
Revenue per share
$18.22
TBVPS
$9.44
Balance sheet
Total assets
$1.04B
Total liabilities
$1.18B
Debt
$709.8M
Equity
-$165.5M
Working capital
$104.1M
Liquidity
Debt to equity
-4.29
Current ratio
1.25
Quick ratio
0.87
Net debt/EBITDA
8.56
Margins
EBITDA margin
5.2%
Gross margin
15.2%
Net margin
-2.5%
Operating margin
1.9%
Efficiency
Return on assets
-3.5%
Return on equity
N/A
Return on invested capital
4%
Return on capital employed
6%
Return on sales
2.6%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

VATE stock price

How has the INNOVATE stock price performed over time
Intraday
-5.24%
1 week
1.53%
1 month
7.6%
1 year
-73.58%
YTD
-42.22%
QTD
1.43%

Financial performance

How have INNOVATE's revenue and profit performed over time
Revenue
$1.42B
Gross profit
$216M
Operating income
$26.5M
Net income
-$35.2M
Gross margin
15.2%
Net margin
-2.5%
The operating margin has surged by 138% year-on-year and by 46% since the previous quarter
The operating income has soared by 98% YoY and by 39% from the previous quarter
The net margin has contracted by 19% from the previous quarter and by 14% YoY
The revenue has declined by 13% year-on-year and by 3.3% since the previous quarter

Growth

What is INNOVATE's growth rate over time

Valuation

What is INNOVATE stock price valuation
P/E
N/A
P/B
N/A
P/S
0.04
EV/EBIT
18.27
EV/EBITDA
9.32
EV/Sales
0.48
INNOVATE's EPS has increased by 9% YoY but it has decreased by 9% QoQ
The equity has declined by 36% year-on-year and by 4.8% since the previous quarter
The P/S is 80% below the 5-year quarterly average of 0.2 and 60% below the last 4 quarters average of 0.1
The revenue has declined by 13% year-on-year and by 3.3% since the previous quarter

Efficiency

How efficient is INNOVATE business performance
INNOVATE's return on sales has surged by 160% YoY and by 13% QoQ
The return on invested capital has surged by 135% year-on-year and by 14% since the previous quarter
INNOVATE's return on assets has decreased by 9% QoQ but it has increased by 2.8% YoY

Dividends

What is VATE's dividend history
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A
Recent dividends

Financial health

How did INNOVATE financials performed over time
VATE's total assets is 12% lower than its total liabilities
The company's quick ratio rose by 40% QoQ and by 9% YoY
The current ratio has grown by 26% from the previous quarter but it has contracted by 3.1% YoY
The equity has declined by 36% year-on-year and by 4.8% since the previous quarter
INNOVATE's debt to equity has increased by 27% YoY and by 10% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.