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VATE INNOVATE Corp

Price (delayed)

$6.305

Market cap

$82.3M

P/E Ratio

N/A

Dividend/share

$0.05

EPS

-$3.2

Enterprise value

$690.6M

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 has surged by 71% YoY
The net income has soared by 56% from the previous quarter and by 36% YoY
The revenue has declined by 10% year-on-year and by 3.9% since the previous quarter

Key stats

What are the main financial stats of VATE
Market
Shares outstanding
13.05M
Market cap
$82.3M
Enterprise value
$690.6M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
N/A
Price to sales (P/S)
0.04
EV/EBIT
12.81
EV/EBITDA
7.97
EV/Sales
0.51
Earnings
Revenue
$1.36B
EBIT
$53.9M
EBITDA
$86.7M
Free cash flow
$75.6M
Per share
EPS
-$3.2
Free cash flow per share
$8.47
Book value per share
-$17.49
Revenue per share
$152.97
TBVPS
$66.9
Balance sheet
Total assets
$898.9M
Total liabilities
$1.01B
Debt
$688.5M
Equity
-$149M
Working capital
$105.6M
Liquidity
Debt to equity
-4.62
Current ratio
1.37
Quick ratio
0.89
Net debt/EBITDA
7.02
Margins
EBITDA margin
6.4%
Gross margin
17.1%
Net margin
-1.4%
Operating margin
4.1%
Efficiency
Return on assets
-2.1%
Return on equity
N/A
Return on invested capital
5.8%
Return on capital employed
8.8%
Return on sales
3.9%
Dividend
Dividend yield
0.82%
DPS
$0.05
Payout ratio
N/A

VATE stock price

How has the INNOVATE stock price performed over time
Intraday
-0.55%
1 week
1.2%
1 month
62.08%
1 year
-50.74%
YTD
-48.74%
QTD
70.41%

Financial performance

How have INNOVATE's revenue and profit performed over time
Revenue
$1.36B
Gross profit
$234M
Operating income
$56.3M
Net income
-$19.3M
Gross margin
17.1%
Net margin
-1.4%
The operating margin has surged by 78% since the previous quarter
The operating income has soared by 69% from the previous quarter
The net income has soared by 56% from the previous quarter and by 36% YoY
The net margin has soared by 55% from the previous quarter and by 30% YoY

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
12.81
EV/EBITDA
7.97
EV/Sales
0.51
INNOVATE's EPS has increased by 43% QoQ and by 27% YoY
The equity has grown by 19% 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 10% year-on-year and by 3.9% since the previous quarter

Efficiency

How efficient is INNOVATE business performance
The return on invested capital has surged by 107% year-on-year and by 61% since the previous quarter
INNOVATE's return on sales has surged by 105% YoY and by 70% QoQ
INNOVATE's return on assets has surged by 51% QoQ and by 32% YoY

Dividends

What is VATE's dividend history
DPS
$0.05
Dividend yield
0.82%
Payout ratio
N/A
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did INNOVATE financials performed over time
VATE's total assets is 11% lower than its total liabilities
The company's quick ratio has surged by 71% YoY
The current ratio has soared by 59% YoY and by 11% from the previous quarter
INNOVATE's debt to equity has decreased by 26% QoQ but it has increased by 6% YoY
The equity has grown by 19% since the previous quarter

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