INNOVOTECH INC (IOT.CA) Stock Fundamental Analysis
TSX-V:IOT - TSX Venture Exchange - CA45772U1049 - Common Stock - Currency: CAD
We assign a fundamental rating of 5 out of 10 to IOT. IOT was compared to 2 industry peers in the Life Sciences Tools & Services industry. IOT has an excellent financial health rating, but there are some minor concerns on its profitability. While showing a medium growth rate, IOT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
IOT had positive earnings in the past year.
In the past year IOT had a positive cash flow from operations.
In multiple years IOT reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: IOT reported negative operating cash flow in multiple years.
1.2 Ratios
IOT has a Return On Assets of 11.62%. This is amongst the best in the industry. IOT outperforms 100.00% of its industry peers.
With an excellent Return On Equity value of 14.89%, IOT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
With an excellent Return On Invested Capital value of 2.87%, IOT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.62% | ||
| ROE | 14.89% | ||
| ROIC | 2.87% |
ROA(3y)-5.71%
ROA(5y)4.28%
ROE(3y)-7.03%
ROE(5y)5.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 12.91%, IOT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
IOT's Profit Margin has declined in the last couple of years.
The Operating Margin of IOT (3.74%) is better than 100.00% of its industry peers.
IOT's Operating Margin has declined in the last couple of years.
IOT has a Gross Margin of 49.74%. This is amongst the best in the industry. IOT outperforms 100.00% of its industry peers.
IOT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.74% | ||
| PM (TTM) | 12.91% | ||
| GM | 49.74% |
OM growth 3Y-50.51%
OM growth 5YN/A
PM growth 3Y-25.51%
PM growth 5YN/A
GM growth 3Y-12.49%
GM growth 5Y-6.42%
2. Health
2.1 Basic Checks
IOT 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 IOT has been increased compared to 1 year ago.
Compared to 5 years ago, IOT has more shares outstanding
There is no outstanding debt for IOT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
IOT has an Altman-Z score of 7.84. This indicates that IOT is financially healthy and has little risk of bankruptcy at the moment.
IOT's Altman-Z score of 7.84 is amongst the best of the industry. IOT outperforms 100.00% of its industry peers.
There is no outstanding debt for IOT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 7.84 |
ROIC/WACC0.3
WACC9.67%
2.3 Liquidity
A Current Ratio of 3.39 indicates that IOT has no problem at all paying its short term obligations.
IOT has a better Current ratio (3.39) than 100.00% of its industry peers.
A Quick Ratio of 3.13 indicates that IOT has no problem at all paying its short term obligations.
IOT has a better Quick ratio (3.13) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.39 | ||
| Quick Ratio | 3.13 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 302.22% over the past year.
Measured over the past years, IOT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -16.66% on average per year.
Looking at the last year, IOT shows a very strong growth in Revenue. The Revenue has grown by 144.88%.
The Revenue has been growing by 17.35% on average over the past years. This is quite good.
EPS 1Y (TTM)302.22%
EPS 3Y-16.65%
EPS 5YN/A
EPS Q2Q%150%
Revenue 1Y (TTM)144.88%
Revenue growth 3Y13.99%
Revenue growth 5Y17.35%
Sales Q2Q%268.85%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
IOT is valuated rather expensively with a Price/Earnings ratio of 24.00.
100.00% of the companies in the same industry are more expensive than IOT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of IOT to the average of the S&P500 Index (26.93), we can say IOT is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IOT indicates a rather cheap valuation: IOT is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 58.1 |
4.3 Compensation for Growth
IOT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
IOT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX-V:IOT (8/14/2025, 7:00:00 PM)
0.24
0 (0%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners9.31%
Ins Owner ChangeN/A
Market Cap11.99M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24 | ||
| Fwd PE | N/A | ||
| P/S | 3.95 | ||
| P/FCF | N/A | ||
| P/OCF | 79.41 | ||
| P/B | 4.55 | ||
| P/tB | 5.69 | ||
| EV/EBITDA | 58.1 |
EPS(TTM)0.01
EY4.17%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0
FCFYN/A
OCF(TTM)0
OCFY1.26%
SpS0.06
BVpS0.05
TBVpS0.04
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.62% | ||
| ROE | 14.89% | ||
| ROCE | 3.99% | ||
| ROIC | 2.87% | ||
| ROICexc | 4.06% | ||
| ROICexgc | 5.49% | ||
| OM | 3.74% | ||
| PM (TTM) | 12.91% | ||
| GM | 49.74% | ||
| FCFM | N/A |
ROA(3y)-5.71%
ROA(5y)4.28%
ROE(3y)-7.03%
ROE(5y)5.32%
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
ROICexcg growth 3Y-56.14%
ROICexcg growth 5YN/A
ROICexc growth 3Y-60.36%
ROICexc growth 5YN/A
OM growth 3Y-50.51%
OM growth 5YN/A
PM growth 3Y-25.51%
PM growth 5YN/A
GM growth 3Y-12.49%
GM growth 5Y-6.42%
F-Score5
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 322.39% | ||
| Cap/Sales | 8.34% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.6% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.39 | ||
| Quick Ratio | 3.13 | ||
| Altman-Z | 7.84 |
F-Score5
WACC9.67%
ROIC/WACC0.3
Cap/Depr(3y)148.43%
Cap/Depr(5y)148.13%
Cap/Sales(3y)6.4%
Cap/Sales(5y)5.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)302.22%
EPS 3Y-16.65%
EPS 5YN/A
EPS Q2Q%150%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)144.88%
Revenue growth 3Y13.99%
Revenue growth 5Y17.35%
Sales Q2Q%268.85%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y132.35%
EBIT growth 3Y-43.59%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-50.37%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2259.38%
OCF growth 3YN/A
OCF growth 5YN/A