Innovate Corp
NYSE:VATE

Watchlist Manager
Innovate Corp Logo
Innovate Corp
NYSE:VATE
Watchlist
Price: 12 USD 4.17% Market Closed
Market Cap: $163.8m

P/E

-2.6
Current
25%
More Expensive
vs 3-y average of -2

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-2.6
=
Market Cap
$102.3m
/
Net Income
$-64m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-2.6
=
Market Cap
$102.3m
/
Net Income
$-64m

Valuation Scenarios

Innovate Corp is trading above its industry average

If P/E returns to its Industry Average (33.9), the stock would be worth $-158.85 (1 424% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-1 424%
Maximum Upside
No Upside Scenarios
Average Downside
1 208%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -2.6 $12
0%
Industry Average 33.9 $-158.85
-1 424%
Country Average 22.9 $-107.18
-993%

Forward P/E
Today’s price vs future net income

Not enough data available to calculate forward P/E

Peer Comparison

All Countries
Close

Market Distribution

Lower than 100% of companies in the United States of America
Percentile
0th
Based on 8 489 companies
0th percentile
-2.6
Low
0 — 15.3
Typical Range
15.3 — 33.2
High
33.2 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 15.3
Median 22.9
70th Percentile 33.2
Max 1 826 183.3

Innovate Corp
Glance View

Market Cap
163.8m 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 67%
Intrinsic Value
Price $12
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