What is the stock price of VATE?

The current stock price of VATE is 10.7 USD.

What is the symbol for INNOVATE CORP stock?

The exchange symbol of INNOVATE CORP is VATE and it is listed on the New York Stock Exchange, Inc. exchange.

On which exchange is VATE stock listed?

VATE stock is listed on the New York Stock Exchange, Inc. exchange.

Is VATE a good stock to buy?

Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for VATE, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of VATE.

When does VATE stock report earnings?

VATE will report earnings on 2025-03-03.

What is the Price/Earnings (PE) ratio of VATE?

VATE does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.47).

What is the Short Interest ratio of VATE stock?

The outstanding short interest for VATE is 5.61% of its float.

INNOVATE CORP(NYSE:VATE) stock Fundamental Analysis

Fundamental Rating

VATE gets a fundamental rating of 1 out of 10. The analysis compared the fundamentals against 45 industry peers in the Construction & Engineering industry. Both the profitability and financial health of VATE have multiple concerns. VATE is valued expensive and it does not seem to be growing.

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1. Profitability

1.1 Basic Checks

In the past year VATE has reported negative net income.

VATE had a positive operating cash flow in the past year.

VATE had negative earnings in each of the past 5 years.

VATE had a positive operating cash flow in 4 of the past 5 years.

1.2 Ratios

Looking at the Return On Assets, with a value of -3.18%, VATE is doing worse than 79.55% of the companies in the same industry.

The Return On Invested Capital of VATE (10.05%) is better than 77.27% of its industry peers.

		Industry Rank	Sector Rank
ROA	-3.18%
ROE	N/A
ROIC	10.05%

ROA(3y)-9.47%

ROA(5y)-6.06%

ROE(3y)N/A

ROE(5y)N/A

ROIC(3y)N/A

ROIC(5y)N/A

1.3 Margins

VATE has a Operating Margin (4.43%) which is in line with its industry peers.

VATE has a Gross Margin (18.15%) which is in line with its industry peers.

In the last couple of years the Gross Margin of VATE has declined.

		Industry Rank	Sector Rank
OM	4.43%
PM (TTM)	N/A
GM	18.15%

OM growth 3YN/A

OM growth 5YN/A

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y-5.37%

GM growth 5Y-5.18%

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ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VATE is still creating some value.

Compared to 1 year ago, VATE has less shares outstanding

VATE has less shares outstanding than it did 5 years ago.

The debt/assets ratio for VATE is higher compared to a year ago.

2.2 Solvency

Based on the Altman-Z score of 0.77, we must say that VATE is in the distress zone and has some risk of bankruptcy.

The Altman-Z score of VATE (0.77) is worse than 90.91% of its industry peers.

The Debt to FCF ratio of VATE is 54.89, which is on the high side as it means it would take VATE, 54.89 years of fcf income to pay off all of its debts.

VATE has a worse Debt to FCF ratio (54.89) than 70.45% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	N/A
Debt/FCF	54.89
Altman-Z	0.77

ROIC/WACC1.41

WACC7.14%

2.3 Liquidity

A Current Ratio of 0.85 indicates that VATE may have some problems paying its short term obligations.

With a Current ratio value of 0.85, VATE is not doing good in the industry: 86.36% of the companies in the same industry are doing better.

A Quick Ratio of 0.81 indicates that VATE may have some problems paying its short term obligations.

Looking at the Quick ratio, with a value of 0.81, VATE is doing worse than 84.09% of the companies in the same industry.

		Industry Rank	Sector Rank
Current Ratio	0.85
Quick Ratio	0.81

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WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

The earnings per share for VATE have decreased strongly by -275.44% in the last year.

VATE shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.30%.

VATE shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -6.36% yearly.

EPS 1Y (TTM)-275.44%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%-1211.09%

Revenue 1Y (TTM)-16.3%

Revenue growth 3Y25.68%

Revenue growth 5Y-6.36%

Sales Q2Q%-35.46%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.

EPS Next YN/A

EPS Next 2YN/A

EPS Next 3YN/A

EPS Next 5YN/A

Revenue Next YearN/A

Revenue Next 2YN/A

Revenue Next 3YN/A

Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.

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Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for VATE. In the last year negative earnings were reported.

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A

4.2 Price Multiples

95.45% of the companies in the same industry are more expensive than VATE, based on the Enterprise Value to EBITDA ratio.

VATE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VATE is cheaper than 88.64% of the companies in the same industry.

		Industry Rank	Sector Rank
P/FCF	11.26
EV/EBITDA	8.83

4.3 Compensation for Growth

PEG (NY)N/A

PEG (5Y)N/A

EPS Next 2YN/A

EPS Next 3YN/A

More info and screens

Show best valued peers

5. Dividend

5.1 Amount

VATE does not give a dividend.

		Industry Rank	Sector Rank
Dividend Yield	N/A

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Show peers with best dividend

INNOVATE CORP

NYSE:VATE (1/24/2025, 1:14:26 PM)

10.7

+0.61 (+6.05%)

Chartmill FA Rating

GICS SectorIndustrials

GICS IndustryGroupCapital Goods

GICS IndustryConstruction & Engineering

Earnings (Last)11-07 2024-11-07/amc

Earnings (Next)03-03 2025-03-03

Inst Owners20.44%

Inst Owner Change2.88%

Ins Owners53.32%

Ins Owner Change-102.83%

Market Cap141.88M

Analysts82.86

Price TargetN/A

Short Float %5.61%

Short Ratio6.51

Dividend

		Industry Rank	Sector Rank
Dividend Yield	N/A

Yearly Dividend0.05

Dividend Growth(5Y)-23.48%

DP-4.56%

Div Incr Years0

Div Non Decr Years0

Ex-DateN/A

Surprises & Revisions

EPS beat(2)N/A

Avg EPS beat(2)N/A

Min EPS beat(2)N/A

Max EPS beat(2)N/A

EPS beat(4)N/A

Avg EPS beat(4)N/A

Min EPS beat(4)N/A

Max EPS beat(4)N/A

EPS beat(8)N/A

Avg EPS beat(8)N/A

EPS beat(12)N/A

Avg EPS beat(12)N/A

EPS beat(16)N/A

Avg EPS beat(16)N/A

Revenue beat(2)N/A

Avg Revenue beat(2)N/A

Min Revenue beat(2)N/A

Max Revenue beat(2)N/A

Revenue beat(4)N/A

Avg Revenue beat(4)N/A

Min Revenue beat(4)N/A

Max Revenue beat(4)N/A

Revenue beat(8)N/A

Avg Revenue beat(8)N/A

Revenue beat(12)N/A

Avg Revenue beat(12)N/A

Revenue beat(16)N/A

Avg Revenue beat(16)N/A

PT rev (1m)N/A

PT rev (3m)N/A

EPS NQ rev (1m)N/A

EPS NQ rev (3m)N/A

EPS NY rev (1m)N/A

EPS NY rev (3m)N/A

Revenue NQ rev (1m)N/A

Revenue NQ rev (3m)N/A

Revenue NY rev (1m)N/A

Revenue NY rev (3m)N/A

Valuation

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A
P/S	0.12
P/FCF	11.26
P/OCF	4.91
P/B	N/A
P/tB	N/A
EV/EBITDA	8.83

EPS(TTM)-0.47

EYN/A

EPS(NY)N/A

Fwd EYN/A

FCF(TTM)0.95

FCFY8.88%

OCF(TTM)2.18

OCFY20.37%

SpS92.87

BVpS-11.09

TBVpS-33.75

PEG (NY)N/A

PEG (5Y)N/A

Profitability

		Industry Rank	Sector Rank
ROA	-3.18%
ROE	N/A
ROCE	12.72%
ROIC	10.05%
ROICexc	11.41%
ROICexgc	55.51%
OM	4.43%
PM (TTM)	N/A
GM	18.15%
FCFM	1.02%

ROA(3y)-9.47%

ROA(5y)-6.06%

ROE(3y)N/A

ROE(5y)N/A

ROIC(3y)N/A

ROIC(5y)N/A

ROICexc(3y)N/A

ROICexc(5y)N/A

ROICexgc(3y)N/A

ROICexgc(5y)N/A

ROCE(3y)N/A

ROCE(5y)N/A

ROICexcg growth 3YN/A

ROICexcg growth 5YN/A

ROICexc growth 3YN/A

ROICexc growth 5YN/A

OM growth 3YN/A

OM growth 5YN/A

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y-5.37%

GM growth 5Y-5.18%

F-Score5

Asset Turnover1.37

Health

		Industry Rank	Sector Rank
Debt/Equity	N/A
Debt/FCF	54.89
Debt/EBITDA	5.73
Cap/Depr	49.24%
Cap/Sales	1.32%
Interest Coverage	1.11
Cash Conversion	32.95%
Profit Quality	N/A
Current Ratio	0.85
Quick Ratio	0.81
Altman-Z	0.77

F-Score5

WACC7.14%

ROIC/WACC1.41

Cap/Depr(3y)54.75%

Cap/Depr(5y)66.28%

Cap/Sales(3y)1.52%

Cap/Sales(5y)2.18%

Profit Quality(3y)N/A

Profit Quality(5y)N/A

High Growth Momentum

Growth

EPS 1Y (TTM)-275.44%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%-1211.09%

EPS Next YN/A

EPS Next 2YN/A

EPS Next 3YN/A

EPS Next 5YN/A

Revenue 1Y (TTM)-16.3%

Revenue growth 3Y25.68%

Revenue growth 5Y-6.36%

Sales Q2Q%-35.46%

Revenue Next YearN/A

Revenue Next 2YN/A

Revenue Next 3YN/A

Revenue Next 5YN/A

EBIT growth 1Y155.14%

EBIT growth 3YN/A

EBIT growth 5YN/A

EBIT Next YearN/A

EBIT Next 3YN/A

EBIT Next 5YN/A

FCF growth 1Y122.5%

FCF growth 3Y-43.16%

FCF growth 5Y-51.5%

OCF growth 1Y194.44%

OCF growth 3Y-24.63%

OCF growth 5Y-40.02%

INNOVATE CORP (VATE) Stock Fundamental Analysis

1. Profitability

1.1 Basic Checks

1.2 Ratios

1.3 Margins

More info and screens

2. Health

2.1 Basic Checks

2.2 Solvency

2.3 Liquidity

More info and screens

3. Growth

3.1 Past

3.2 Future

3.3 Evolution

More info and screens

4. Valuation

4.1 Price/Earnings Ratio

4.2 Price Multiples

4.3 Compensation for Growth

More info and screens

5. Dividend

5.1 Amount

More info and screens