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VATE INNOVATE Corp

Price (delayed)

$4.82

Market cap

$63.92M

P/E Ratio

N/A

Dividend/share

$0.05

EPS

-$3.48

Enterprise value

$704.52M

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 gross margin rose by 22% YoY and by 6% QoQ
The debt has contracted by 8% YoY
The net income has contracted by 41% from the previous quarter but it has grown by 14% YoY
INNOVATE's EPS has increased by 21% YoY but it has decreased by 8% QoQ
The company's quick ratio fell by 42% QoQ and by 16% YoY
The revenue has declined by 16% year-on-year and by 10% since the previous quarter

Key stats

What are the main financial stats of VATE
Market
Shares outstanding
13.26M
Market cap
$63.92M
Enterprise value
$704.52M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
N/A
Price to sales (P/S)
0.05
EV/EBIT
13.55
EV/EBITDA
8.28
EV/Sales
0.57
Earnings
Revenue
$1.23B
EBIT
$52M
EBITDA
$85.1M
Free cash flow
$22.6M
Per share
EPS
-$3.48
Free cash flow per share
$1.74
Book value per share
-$12.5
Revenue per share
$94.98
TBVPS
$46.02
Balance sheet
Total assets
$897.2M
Total liabilities
$1.02B
Debt
$691.6M
Equity
-$163.1M
Working capital
-$68.1M
Liquidity
Debt to equity
-4.24
Current ratio
0.85
Quick ratio
0.52
Net debt/EBITDA
7.53
Margins
EBITDA margin
6.9%
Gross margin
18.1%
Net margin
-2.2%
Operating margin
4.2%
Efficiency
Return on assets
-3%
Return on equity
N/A
Return on invested capital
5.8%
Return on capital employed
12.1%
Return on sales
4.2%
Dividend
Dividend yield
1.08%
DPS
$0.05
Payout ratio
N/A

VATE stock price

How has the INNOVATE stock price performed over time
Intraday
23.91%
1 week
14.49%
1 month
-21.88%
1 year
-54.1%
YTD
-60.81%
QTD
30.27%

Financial performance

How have INNOVATE's revenue and profit performed over time
Revenue
$1.23B
Gross profit
$223.5M
Operating income
$51.5M
Net income
-$27.3M
Gross margin
18.1%
Net margin
-2.2%
The operating income has soared by 171% YoY but it has contracted by 9% from the previous quarter
The net margin has plunged by 57% from the previous quarter and by 4.8% YoY
The net income has contracted by 41% from the previous quarter but it has grown by 14% YoY
The company's gross margin rose by 22% YoY and by 6% QoQ

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
0.05
EV/EBIT
13.55
EV/EBITDA
8.28
EV/Sales
0.57
INNOVATE's EPS has increased by 21% YoY but it has decreased by 8% QoQ
The equity has declined by 9% since the previous quarter and by 3.3% year-on-year
The P/S is 80% below the 5-year quarterly average of 0.2
The revenue has declined by 16% year-on-year and by 10% since the previous quarter

Efficiency

How efficient is INNOVATE business performance
INNOVATE's return on sales has surged by 83% YoY and by 8% QoQ
The return on invested capital has surged by 66% year-on-year
INNOVATE's return on assets has decreased by 43% QoQ but it has increased by 6% YoY

Dividends

What is VATE's dividend history
DPS
$0.05
Dividend yield
1.08%
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 12% lower than its total liabilities
The company's quick ratio fell by 42% QoQ and by 16% YoY
The current ratio has contracted by 38% from the previous quarter and by 14% YoY
INNOVATE's debt to equity has increased by 11% YoY and by 8% QoQ
The equity has declined by 9% since the previous quarter and by 3.3% year-on-year

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