VATE INNOVATE Corp

  1. Stocks
  2. Industrials
  3. NYSE: VATE

Price (delayed)

$8.12

Market cap

$110.77M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$4.24

Enterprise value

$655.77M

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Relative Growth: Rel. Growth: 34
Relative Strength: Rel. Strength: 64
Relative Valuation: Rel. Valuation: 62
Relative Profitability: Rel. Profitability: 28

HC2 Holdings, Inc. is a publicly traded diversified holding company, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns in ...

Highlights
The revenue is up by 25% year-on-year and by 7% since the previous quarter
INNOVATE's gross profit has increased by 4% from the previous quarter
The company's quick ratio rose by 35% YoY but it fell by 9% QoQ
The net income has contracted by 27% YoY but it has grown by 13% from the previous quarter
The equity has declined by 26% year-on-year and by 7% since the previous quarter
The company's gross margin fell by 20% YoY and by 3.1% QoQ
Sector: Industrials
Industry: Engineering & Construction
Website: http://www.hc2.com
Peers: ROCK TPCS VMI

Key stats

What are the main financial stats of VATE

VATE stock price

How has the INNOVATE stock price performed over time
Intraday
0%
1 week
-2.64%
1 month
-56.51%
1 year
43.46%
YTD
79.65%
QTD
-56.51%

Financial performance

How have INNOVATE's revenue and profit performed over time
Revenue
$1.34B
Gross profit
$207.7M
Operating income
$35.3M
Net income
-$52.9M
Gross margin
15.5%
Net margin
-4%
The operating margin has declined by 32% year-on-year but it rose by 13% since the previous quarter
The net income has contracted by 27% YoY but it has grown by 13% from the previous quarter
The revenue is up by 25% year-on-year and by 7% since the previous quarter
The operating income has grown by 23% from the previous quarter but it has contracted by 13% YoY

Price vs fundamentals

How does VATE's price correlate with its fundamentals

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
0.08
EV/EBIT
16.95
EV/EBITDA
9.56
EV/Sales
0.49
INNOVATE's EPS has decreased by 27% YoY but it has increased by 12% QoQ
The equity has declined by 26% year-on-year and by 7% since the previous quarter
The revenue is up by 25% year-on-year and by 7% since the previous quarter
The P/S is 20% below the 5-year quarterly average of 0.1 and 20% below the last 4 quarters average of 0.1

Efficiency

How efficient is INNOVATE business performance
The return on invested capital has surged by 147% year-on-year and by 50% since the previous quarter
INNOVATE's return on sales has decreased by 33% YoY but it has increased by 16% QoQ
INNOVATE's return on assets has decreased by 27% YoY but it has increased by 14% QoQ

Dividends

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

Special dividends are included in TTM DPS and yield

Financial health

How did INNOVATE financials performed over time
VATE's total assets is 20% lower than its total liabilities
The company's quick ratio rose by 35% YoY but it fell by 9% QoQ
The total liabilities rose by 13% year-on-year
The equity has declined by 26% year-on-year and by 7% since the previous quarter
INNOVATE's debt to equity has increased by 18% YoY and by 4% QoQ

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