VATE INNOVATE Corp

  1. Stocks
  2. Industrials
  3. NYSE: VATE

Price (delayed)

$7.5

Market cap

$102.31M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$1.83

Enterprise value

$630.51M

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 43

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 net income has soared by 70% YoY and by 58% from the previous quarter
INNOVATE's EPS has surged by 70% YoY and by 57% QoQ
The company's gross margin fell by 15% YoY but it rose by 2.6% QoQ
The equity has declined by 8% year-on-year but it has grown by 5% since the previous quarter
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
0.94%
1 week
-3.47%
1 month
1.63%
1 year
63.58%
YTD
65.93%
QTD
0.94%

Financial performance

How have INNOVATE's revenue and profit performed over time
Revenue
$1.52B
Gross profit
$241.6M
Operating income
$64.9M
Net income
-$22.4M
Gross margin
15.9%
Net margin
-1.5%
The operating margin has surged by 153% year-on-year and by 65% since the previous quarter
The operating income has soared by 84% from the previous quarter
The net margin has soared by 80% YoY and by 63% from the previous quarter
The net income has soared by 70% YoY and by 58% from the previous quarter

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
0.07
EV/EBIT
7.48
EV/EBITDA
5.54
EV/Sales
0.42
INNOVATE's EPS has surged by 70% YoY and by 57% QoQ
The equity has declined by 8% year-on-year but it has grown by 5% since the previous quarter
The revenue has surged by 52% year-on-year and by 13% since the previous quarter
The P/S is 30% below the 5-year quarterly average of 0.1 and 30% below the last 4 quarters average of 0.1

Efficiency

How efficient is INNOVATE business performance
INNOVATE's return on sales has surged by 143% YoY and by 93% QoQ
The return on invested capital has surged by 123% since the previous quarter
INNOVATE's return on assets has surged by 72% YoY and by 59% 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 18% lower than its total liabilities
The total liabilities rose by 14% year-on-year and by 4.9% since the previous quarter
VATE's total assets is up by 13% YoY and by 7% QoQ
INNOVATE's debt to equity has increased by 11% YoY and by 4.5% QoQ
The debt has contracted by 9% from the previous quarter and by 3.4% YoY

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