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Ticker
VATE

Price
6.25
Stock movement up
+0.37 (6.29%)
Company name
Innovate Corp
Exchange
(NYSE
,
Currency
USD
)
Sector
Industrials >
Engineering & Construction
Market cap
82.88M
Ent value
1.07B
Price/Sales
0.07
Price/Book
-
Div yield
-
Div growth
-
Growth years
-
FCF payout
4.67%
Trailing P/E
-
Forward P/E
-
PEG
-
EPS growth
-
1 year return
-10.71%
3 year return
-44.57%
5 year return
-20.25%
10 year return
-24.12%
Last updated: 2025-04-12

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

DIVIDENDS

VATE does not pay dividends or no data was received

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E-
Price to OCF1.44
Price to FCF2.04
Price to EBITDA0.88
EV to EBITDA11.41

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales0.07
Price to Book-
EV to Sales0.87

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

FINANCIALS

Per share

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Per share data
Current share count13.26M
EPS (TTM)-2.15
FCF per share (TTM)3.14

Income statement

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Income statement data
Revenue (TTM)1.23B
Gross profit (TTM)210.40M
Operating income (TTM)41.40M
Net income (TTM)-27.90M
EPS (TTM)-2.15
EPS (1y forward)-

Margins

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Margins data
Gross margin (TTM)17.08%
Operating margin (TTM)3.36%
Profit margin (TTM)-2.27%

Balance Sheet

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Balance Sheet data
Cash51.00M
Net receivables306.00M
Total current assets399.90M
Goodwill127.10M
Intangible assets173.40M
Property, plant and equipment0.00
Total assets897.20M
Accounts payable83.70M
Short/Current long term debt189.20M
Total current liabilities469.80M
Total liabilities1.04B
Shareholder's equity-141.10M
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)57.70M
Capital expenditures (TTM)17.00M
Free cash flow (TTM)40.70M
Dividends paid (TTM)1.90M

Financial returns

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Financial returns data
Return on Equity-
Return on Assets-3.11%
Return on Invested Capital-58.00%
Cash Return on Invested Capital84.62%

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

STOCK INFORMATION

Stock chart

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Stock price data
Open5.90
Daily high6.31
Daily low5.80
Daily Volume10K
All-time high176.03
1y analyst estimate-
Beta2.07
EPS (TTM)-2.15
Dividend per share-
Ex-div date13 Aug 2021
Next earnings date13 Jun 2025

Downside potential

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Downside potential data
VATES&P500
Current price drop from All-time high-96.45%-12.89%
Highest price drop-98.14%-56.47%
Date of highest drop3 Oct 20249 Mar 2009
Avg drop from high-62.52%-11.07%
Avg time to new high72 days12 days
Max time to new high3255 days1805 days

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

COMPANY DETAILS
VATE (Innovate Corp) company logo
Marketcap
82.88M
Marketcap category
Small-cap
Description
INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States; and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.
Employees
3946
Investor relations
-
SEC filings
CEO
Country
USA
City
Stock type
-
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
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