INNODATA INC (INOD) Stock Fundamental Analysis

NASDAQ:INOD • US4576422053

47.58 USD
+1.39 (+3.01%)
At close: Feb 26, 2026
44.6 USD
-2.98 (-6.26%)
Pre-Market: 2/27/2026, 5:29:23 AM
Fundamental Rating

6

Taking everything into account, INOD scores 6 out of 10 in our fundamental rating. INOD was compared to 88 industry peers in the Professional Services industry. INOD is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. INOD is valued quite expensive, but it does show an excellent growth. These ratings would make INOD suitable for growth investing!


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • INOD had positive earnings in the past year.
  • In the past year INOD had a positive cash flow from operations.
  • In multiple years INOD reported negative net income over the last 5 years.
  • INOD had a positive operating cash flow in 4 of the past 5 years.
INOD Yearly Net Income VS EBIT VS OCF VS FCFINOD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M 30M

1.2 Ratios

  • INOD has a Return On Assets of 22.00%. This is amongst the best in the industry. INOD outperforms 97.73% of its industry peers.
  • With an excellent Return On Equity value of 34.57%, INOD belongs to the best of the industry, outperforming 89.77% of the companies in the same industry.
  • INOD's Return On Invested Capital of 29.30% is amongst the best of the industry. INOD outperforms 96.59% of its industry peers.
Industry RankSector Rank
ROA 22%
ROE 34.57%
ROIC 29.3%
ROA(3y)-0.37%
ROA(5y)-0.57%
ROE(3y)-7.33%
ROE(5y)-5.1%
ROIC(3y)N/A
ROIC(5y)N/A
INOD Yearly ROA, ROE, ROICINOD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 -60

1.3 Margins

  • The Profit Margin of INOD (14.11%) is better than 80.68% of its industry peers.
  • Looking at the Operating Margin, with a value of 16.86%, INOD is in the better half of the industry, outperforming 78.41% of the companies in the same industry.
  • With a decent Gross Margin value of 41.32%, INOD is doing good in the industry, outperforming 60.23% of the companies in the same industry.
  • In the last couple of years the Gross Margin of INOD has grown nicely.
Industry RankSector Rank
OM 16.86%
PM (TTM) 14.11%
GM 41.32%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.49%
GM growth 5Y3.47%
INOD Yearly Profit, Operating, Gross MarginsINOD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

9

2. Health

2.1 Basic Checks

  • INOD has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • INOD has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, INOD has more shares outstanding
  • INOD has a better debt/assets ratio than last year.
INOD Yearly Shares OutstandingINOD Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
INOD Yearly Total Debt VS Total AssetsINOD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

  • INOD has an Altman-Z score of 19.77. This indicates that INOD is financially healthy and has little risk of bankruptcy at the moment.
  • INOD's Altman-Z score of 19.77 is amongst the best of the industry. INOD outperforms 96.59% of its industry peers.
  • INOD has a debt to FCF ratio of 0.22. This is a very positive value and a sign of high solvency as it would only need 0.22 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 0.22, INOD belongs to the best of the industry, outperforming 82.95% of the companies in the same industry.
  • INOD has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of INOD (0.08) is better than 67.05% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.08
Debt/FCF 0.22
Altman-Z 19.77
ROIC/WACC3.38
WACC8.66%
INOD Yearly LT Debt VS Equity VS FCFINOD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M

2.3 Liquidity

  • INOD has a Current Ratio of 2.69. This indicates that INOD is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.69, INOD belongs to the top of the industry, outperforming 82.95% of the companies in the same industry.
  • INOD has a Quick Ratio of 2.69. This indicates that INOD is financially healthy and has no problem in meeting its short term obligations.
  • INOD has a better Quick ratio (2.69) than 82.95% of its industry peers.
Industry RankSector Rank
Current Ratio 2.69
Quick Ratio 2.69
INOD Yearly Current Assets VS Current LiabilitesINOD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

8

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 64.41% over the past year.
  • INOD shows a strong growth in Revenue. In the last year, the Revenue has grown by 73.57%.
  • The Revenue has been growing by 25.00% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)64.41%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-52.94%
Revenue 1Y (TTM)73.57%
Revenue growth 3Y34.69%
Revenue growth 5Y25%
Sales Q2Q%19.77%

3.2 Future

  • The Earnings Per Share is expected to grow by 15.98% on average over the next years. This is quite good.
  • Based on estimates for the next years, INOD will show a very strong growth in Revenue. The Revenue will grow by 23.97% on average per year.
EPS Next Y4.76%
EPS Next 2Y15.94%
EPS Next 3Y15.98%
EPS Next 5YN/A
Revenue Next Year51.42%
Revenue Next 2Y38.09%
Revenue Next 3Y23.97%
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.
INOD Yearly Revenue VS EstimatesINOD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
INOD Yearly EPS VS EstimatesINOD Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 2027 0 0.2 0.4 0.6 0.8 1

1

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 49.05 indicates a quite expensive valuation of INOD.
  • INOD's Price/Earnings ratio is a bit more expensive when compared to the industry. INOD is more expensive than 64.77% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of INOD to the average of the S&P500 Index (27.11), we can say INOD is valued expensively.
  • A Price/Forward Earnings ratio of 41.64 indicates a quite expensive valuation of INOD.
  • Based on the Price/Forward Earnings ratio, INOD is valued a bit more expensive than 62.50% of the companies in the same industry.
  • INOD is valuated rather expensively when we compare the Price/Forward Earnings ratio to 28.13, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 49.05
Fwd PE 41.64
INOD Price Earnings VS Forward Price EarningsINOD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 65.91% of the companies in the same industry are cheaper than INOD, based on the Enterprise Value to EBITDA ratio.
  • INOD's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 37.25
EV/EBITDA 31.08
INOD Per share dataINOD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates INOD does not grow enough to justify the current Price/Earnings ratio.
  • INOD has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as INOD's earnings are expected to grow with 15.98% in the coming years.
PEG (NY)10.3
PEG (5Y)N/A
EPS Next 2Y15.94%
EPS Next 3Y15.98%

0

5. Dividend

5.1 Amount

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

INNODATA INC

NASDAQ:INOD (2/26/2026, 8:00:02 PM)

Premarket: 44.6 -2.98 (-6.26%)

47.58

+1.39 (+3.01%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)02-26
Earnings (Next)05-06
Inst Owners55.69%
Inst Owner Change-9.06%
Ins Owners4.6%
Ins Owner Change5.07%
Market Cap1.52B
Revenue(TTM)238.47M
Net Income(TTM)33.64M
Analysts84
Price Target87.72 (84.36%)
Short Float %15.4%
Short Ratio3.63
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)57.7%
Min EPS beat(2)43.65%
Max EPS beat(2)71.75%
EPS beat(4)4
Avg EPS beat(4)45.26%
Min EPS beat(4)23.78%
Max EPS beat(4)71.75%
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)2
Avg Revenue beat(2)2.09%
Min Revenue beat(2)1.59%
Max Revenue beat(2)2.58%
Revenue beat(4)3
Avg Revenue beat(4)3.21%
Min Revenue beat(4)-0.77%
Max Revenue beat(4)9.44%
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)0%
PT rev (3m)4.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.17%
EPS NY rev (1m)0%
EPS NY rev (3m)12.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.53%
Valuation
Industry RankSector Rank
PE 49.05
Fwd PE 41.64
P/S 6.36
P/FCF 37.25
P/OCF 29.61
P/B 15.58
P/tB 18.63
EV/EBITDA 31.08
EPS(TTM)0.97
EY2.04%
EPS(NY)1.14
Fwd EY2.4%
FCF(TTM)1.28
FCFY2.68%
OCF(TTM)1.61
OCFY3.38%
SpS7.48
BVpS3.05
TBVpS2.55
PEG (NY)10.3
PEG (5Y)N/A
Graham Number8.17
Profitability
Industry RankSector Rank
ROA 22%
ROE 34.57%
ROCE 37.08%
ROIC 29.3%
ROICexc 91.95%
ROICexgc 170.87%
OM 16.86%
PM (TTM) 14.11%
GM 41.32%
FCFM 17.07%
ROA(3y)-0.37%
ROA(5y)-0.57%
ROE(3y)-7.33%
ROE(5y)-5.1%
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 3Y1.49%
GM growth 5Y3.47%
F-Score7
Asset Turnover1.56
Health
Industry RankSector Rank
Debt/Equity 0.08
Debt/FCF 0.22
Debt/EBITDA 0.16
Cap/Depr 161.86%
Cap/Sales 4.41%
Interest Coverage 174.77
Cash Conversion 109.67%
Profit Quality 120.96%
Current Ratio 2.69
Quick Ratio 2.69
Altman-Z 19.77
F-Score7
WACC8.66%
ROIC/WACC3.38
Cap/Depr(3y)139.8%
Cap/Depr(5y)126.76%
Cap/Sales(3y)6.41%
Cap/Sales(5y)5.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)64.41%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-52.94%
EPS Next Y4.76%
EPS Next 2Y15.94%
EPS Next 3Y15.98%
EPS Next 5YN/A
Revenue 1Y (TTM)73.57%
Revenue growth 3Y34.69%
Revenue growth 5Y25%
Sales Q2Q%19.77%
Revenue Next Year51.42%
Revenue Next 2Y38.09%
Revenue Next 3Y23.97%
Revenue Next 5YN/A
EBIT growth 1Y110.77%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year143.42%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y6359.84%
FCF growth 3Y227%
FCF growth 5Y59.89%
OCF growth 1Y721.86%
OCF growth 3Y89.44%
OCF growth 5Y52.25%

INNODATA INC / INOD FAQ

What is the ChartMill fundamental rating of INNODATA INC (INOD) stock?

ChartMill assigns a fundamental rating of 6 / 10 to INOD.


What is the valuation status of INNODATA INC (INOD) stock?

ChartMill assigns a valuation rating of 1 / 10 to INNODATA INC (INOD). This can be considered as Overvalued.


Can you provide the profitability details for INNODATA INC?

INNODATA INC (INOD) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for INOD stock?

The Price/Earnings (PE) ratio for INNODATA INC (INOD) is 49.05 and the Price/Book (PB) ratio is 15.58.


What is the financial health of INNODATA INC (INOD) stock?

The financial health rating of INNODATA INC (INOD) is 9 / 10.