INNOVAGE HOLDING CORP (INNV) Fundamental Analysis & Valuation

NASDAQ:INNV • US45784A1043

8.98 USD
-0.55 (-5.77%)
At close: Mar 6, 2026
8.77 USD
-0.21 (-2.34%)
After Hours: 3/6/2026, 8:26:58 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This INNV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Overall INNV gets a fundamental rating of 4 out of 10. We evaluated INNV against 101 industry peers in the Health Care Providers & Services industry. While INNV has a great health rating, there are worries on its profitability. INNV has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

2

1. INNV Profitability Analysis

1.1 Basic Checks

  • INNV had positive earnings in the past year.
  • In the past year INNV had a positive cash flow from operations.
  • INNV had negative earnings in each of the past 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: INNV reported negative operating cash flow in multiple years.
INNV Yearly Net Income VS EBIT VS OCF VS FCFINNV Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 2025 0 20M -20M 40M -40M

1.2 Ratios

  • INNV has a Return On Assets of 1.23%. This is comparable to the rest of the industry: INNV outperforms 54.46% of its industry peers.
  • With a Return On Equity value of 2.52%, INNV perfoms like the industry average, outperforming 58.42% of the companies in the same industry.
  • INNV's Return On Invested Capital of 2.99% is in line compared to the rest of the industry. INNV outperforms 47.52% of its industry peers.
Industry RankSector Rank
ROA 1.23%
ROE 2.52%
ROIC 2.99%
ROA(3y)-5.61%
ROA(5y)-5.25%
ROE(3y)-11.52%
ROE(5y)-9.93%
ROIC(3y)N/A
ROIC(5y)N/A
INNV Yearly ROA, ROE, ROICINNV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

1.3 Margins

  • INNV has a Profit Margin (0.71%) which is comparable to the rest of the industry.
  • INNV has a Operating Margin (1.58%) which is comparable to the rest of the industry.
  • The Gross Margin of INNV (20.34%) is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of INNV has declined.
Industry RankSector Rank
OM 1.58%
PM (TTM) 0.71%
GM 20.34%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.44%
GM growth 5Y-6.3%
INNV Yearly Profit, Operating, Gross MarginsINNV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 2025 0 10 20

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. INNV Health Analysis

2.1 Basic Checks

  • INNV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for INNV has been reduced compared to 1 year ago.
  • INNV has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for INNV has been reduced compared to a year ago.
INNV Yearly Shares OutstandingINNV Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
INNV Yearly Total Debt VS Total AssetsINNV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

2.2 Solvency

  • An Altman-Z score of 4.39 indicates that INNV is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.39, INNV is in the better half of the industry, outperforming 79.21% of the companies in the same industry.
  • The Debt to FCF ratio of INNV is 1.39, which is an excellent value as it means it would take INNV, only 1.39 years of fcf income to pay off all of its debts.
  • With an excellent Debt to FCF ratio value of 1.39, INNV belongs to the best of the industry, outperforming 83.17% of the companies in the same industry.
  • A Debt/Equity ratio of 0.24 indicates that INNV is not too dependend on debt financing.
  • The Debt to Equity ratio of INNV (0.24) is better than 70.30% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.24
Debt/FCF 1.39
Altman-Z 4.39
ROIC/WACC0.35
WACC8.53%
INNV Yearly LT Debt VS Equity VS FCFINNV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

2.3 Liquidity

  • INNV has a Current Ratio of 1.26. This is a normal value and indicates that INNV is financially healthy and should not expect problems in meeting its short term obligations.
  • INNV has a Current ratio of 1.26. This is comparable to the rest of the industry: INNV outperforms 48.51% of its industry peers.
  • INNV has a Quick Ratio of 1.26. This is a normal value and indicates that INNV is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of INNV (1.26) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.26
Quick Ratio 1.26
INNV Yearly Current Assets VS Current LiabilitesINNV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. INNV Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 141.67% over the past year.
  • The Revenue has grown by 13.48% in the past year. This is quite good.
  • Measured over the past years, INNV shows a quite strong growth in Revenue. The Revenue has been growing by 8.52% on average per year.
EPS 1Y (TTM)141.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%366.67%
Revenue 1Y (TTM)13.48%
Revenue growth 3Y6.91%
Revenue growth 5Y8.52%
Sales Q2Q%14.69%

3.2 Future

  • Based on estimates for the next years, INNV will show a very strong growth in Earnings Per Share. The EPS will grow by 74.52% on average per year.
  • Based on estimates for the next years, INNV will show a quite strong growth in Revenue. The Revenue will grow by 9.21% on average per year.
EPS Next Y262.56%
EPS Next 2Y102.58%
EPS Next 3Y74.52%
EPS Next 5YN/A
Revenue Next Year10.86%
Revenue Next 2Y9.87%
Revenue Next 3Y9.21%
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
INNV Yearly Revenue VS EstimatesINNV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M 1B
INNV Yearly EPS VS EstimatesINNV Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 -2 -4 -6

More info and screens

Find the best growth stocksShow best growing peers

4

4. INNV Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 179.60 indicates a quite expensive valuation of INNV.
  • INNV's Price/Earnings ratio is in line with the industry average.
  • INNV is valuated expensively when we compare the Price/Earnings ratio to 26.29, which is the current average of the S&P500 Index.
  • INNV is valuated quite expensively with a Price/Forward Earnings ratio of 26.68.
  • The rest of the industry has a similar Price/Forward Earnings ratio as INNV.
  • The average S&P500 Price/Forward Earnings ratio is at 24.60. INNV is around the same levels.
Industry RankSector Rank
PE 179.6
Fwd PE 26.68
INNV Price Earnings VS Forward Price EarningsINNV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as INNV.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as INNV.
Industry RankSector Rank
P/FCF 24.53
EV/EBITDA 33.69
INNV Per share dataINNV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • INNV's earnings are expected to grow with 74.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.68
PEG (5Y)N/A
EPS Next 2Y102.58%
EPS Next 3Y74.52%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. INNV Dividend Analysis

5.1 Amount

  • No dividends for INNV!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

INNV Fundamentals: All Metrics, Ratios and Statistics

INNOVAGE HOLDING CORP

NASDAQ:INNV (3/6/2026, 8:26:58 PM)

After market: 8.77 -0.21 (-2.34%)

8.98

-0.55 (-5.77%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)02-03
Earnings (Next)05-04
Inst Owners12.66%
Inst Owner Change-21.07%
Ins Owners0.89%
Ins Owner Change-0.03%
Market Cap1.22B
Revenue(TTM)915.37M
Net Income(TTM)6.47M
Analysts46.67
Price Target7.14 (-20.49%)
Short Float %1.23%
Short Ratio1.06
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)292.16%
Min EPS beat(2)96.08%
Max EPS beat(2)488.24%
EPS beat(4)3
Avg EPS beat(4)28.71%
Min EPS beat(4)-527.45%
Max EPS beat(4)488.24%
EPS beat(8)4
Avg EPS beat(8)-16.7%
EPS beat(12)5
Avg EPS beat(12)-27.42%
EPS beat(16)6
Avg EPS beat(16)-59.19%
Revenue beat(2)2
Avg Revenue beat(2)2.55%
Min Revenue beat(2)2.15%
Max Revenue beat(2)2.96%
Revenue beat(4)2
Avg Revenue beat(4)0.94%
Min Revenue beat(4)-1.24%
Max Revenue beat(4)2.96%
Revenue beat(8)4
Avg Revenue beat(8)0.34%
Revenue beat(12)6
Avg Revenue beat(12)-0.02%
Revenue beat(16)7
Avg Revenue beat(16)-0.37%
PT rev (1m)0%
PT rev (3m)16.67%
EPS NQ rev (1m)9.09%
EPS NQ rev (3m)9.09%
EPS NY rev (1m)10.87%
EPS NY rev (3m)13.33%
Revenue NQ rev (1m)1.08%
Revenue NQ rev (3m)1.1%
Revenue NY rev (1m)1.51%
Revenue NY rev (3m)1.51%
Valuation
Industry RankSector Rank
PE 179.6
Fwd PE 26.68
P/S 1.33
P/FCF 24.53
P/OCF 20.71
P/B 4.75
P/tB 10.96
EV/EBITDA 33.69
EPS(TTM)0.05
EY0.56%
EPS(NY)0.34
Fwd EY3.75%
FCF(TTM)0.37
FCFY4.08%
OCF(TTM)0.43
OCFY4.83%
SpS6.75
BVpS1.89
TBVpS0.82
PEG (NY)0.68
PEG (5Y)N/A
Graham Number1.46
Profitability
Industry RankSector Rank
ROA 1.23%
ROE 2.52%
ROCE 3.78%
ROIC 2.99%
ROICexc 4.45%
ROICexgc 10.28%
OM 1.58%
PM (TTM) 0.71%
GM 20.34%
FCFM 5.43%
ROA(3y)-5.61%
ROA(5y)-5.25%
ROE(3y)-11.52%
ROE(5y)-9.93%
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
ROICexgc growth 3YN/A
ROICexgc 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-2.44%
GM growth 5Y-6.3%
F-Score8
Asset Turnover1.74
Health
Industry RankSector Rank
Debt/Equity 0.24
Debt/FCF 1.39
Debt/EBITDA 1.85
Cap/Depr 48.87%
Cap/Sales 1%
Interest Coverage 3.32
Cash Conversion 177.16%
Profit Quality 767.25%
Current Ratio 1.26
Quick Ratio 1.26
Altman-Z 4.39
F-Score8
WACC8.53%
ROIC/WACC0.35
Cap/Depr(3y)75.1%
Cap/Depr(5y)131.8%
Cap/Sales(3y)1.72%
Cap/Sales(5y)2.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)141.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%366.67%
EPS Next Y262.56%
EPS Next 2Y102.58%
EPS Next 3Y74.52%
EPS Next 5YN/A
Revenue 1Y (TTM)13.48%
Revenue growth 3Y6.91%
Revenue growth 5Y8.52%
Sales Q2Q%14.69%
Revenue Next Year10.86%
Revenue Next 2Y9.87%
Revenue Next 3Y9.21%
Revenue Next 5YN/A
EBIT growth 1Y173.69%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year333.84%
EBIT Next 3Y71.85%
EBIT Next 5YN/A
FCF growth 1Y484.28%
FCF growth 3YN/A
FCF growth 5Y-3.62%
OCF growth 1Y120165%
OCF growth 3Y6.38%
OCF growth 5Y-5.59%

INNOVAGE HOLDING CORP / INNV FAQ

Can you provide the ChartMill fundamental rating for INNOVAGE HOLDING CORP?

ChartMill assigns a fundamental rating of 4 / 10 to INNV.


What is the valuation status for INNV stock?

ChartMill assigns a valuation rating of 4 / 10 to INNOVAGE HOLDING CORP (INNV). This can be considered as Fairly Valued.


Can you provide the profitability details for INNOVAGE HOLDING CORP?

INNOVAGE HOLDING CORP (INNV) has a profitability rating of 2 / 10.


Can you provide the financial health for INNV stock?

The financial health rating of INNOVAGE HOLDING CORP (INNV) is 7 / 10.


Can you provide the expected EPS growth for INNV stock?

The Earnings per Share (EPS) of INNOVAGE HOLDING CORP (INNV) is expected to grow by 262.56% in the next year.