Innovate Corp
NYSE:VATE

Watchlist Manager
Innovate Corp Logo
Innovate Corp
NYSE:VATE
Watchlist
Price: 12.33 USD 2.58% Market Closed
Market Cap: $168.3m

P/B

-0.7
Current
62%
More Expensive
vs 3-y average of -0.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
-0.7
=
Market Cap
$102.3m
/
Total Equity
$-230.8m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
-0.7
=
Market Cap
$102.3m
/
Total Equity
$-230.8m

Valuation Scenarios

Innovate Corp is trading above its industry average

If P/B returns to its Industry Average (4.6), the stock would be worth $-77.62 (730% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-730%
Maximum Upside
No Upside Scenarios
Average Downside
587%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple -0.7 $12.33
0%
Industry Average 4.6 $-77.62
-730%
Country Average 2.5 $-42.49
-445%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 100% of companies in the United States of America
Percentile
0th
Based on 10 946 companies
0th percentile
-0.7
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

Innovate Corp
Glance View

Market Cap
168.3m USD
Industry
Construction

INNOVATE Corp. engages in the acquisition and investment of assets. The company is headquartered in New York City, New York and currently employs 3,902 full-time employees. The company went IPO on 2011-06-23. Its Infrastructure segment consists of DBM Global Inc. (DBMG) and its wholly owned subsidiaries. DBMG is an integrated industrial construction, structural steel and facility maintenance provider that provides fabrication and erection of structural steel and heavy steel plate services and also fabricates trusses and girders and specializes in the fabrication and erection of large-diameter water pipe and water storage tanks, as well as three dimensional (3D) building information modeling (BIM) and detailing. The Life Sciences segment is comprised of Pansend Life Sciences, LLC (Pansend). Pansend maintains controlling interests of approximately 80% in Genovel Orthopedics, Inc. (Genovel) and approximately 56% in R2 Technologies, Inc. (R2). The Spectrum segment is comprised of HC2 Broadcasting Holdings Inc. (HC2 Broadcasting) and its subsidiaries.

VATE Intrinsic Value
35.84 USD
Undervaluation 66%
Intrinsic Value
Price $12.33
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett