INVITAE CORP (NVTA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NVTA - US46185L1035 - Common Stock
0.0891 USD
-0.3 (-77.12%)
We assign a fundamental rating of 2 out of 10 to NVTA. NVTA was compared to 102 industry peers in the Health Care Providers & Services industry. Both the profitability and financial health of NVTA have multiple concerns. While showing a medium growth rate, NVTA is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year NVTA has reported negative net income.
- In the past year NVTA has reported a negative cash flow from operations.
1.2 Ratios
- NVTA has a Return On Assets of -269.22%. This is amonst the worse of the industry: NVTA underperforms 96.49% of its industry peers.
- NVTA's Return On Invested Capital of 381.98% is amongst the best of the industry. NVTA outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -269.22% | ||
| ROE | N/A | ||
| ROIC | 381.98% |
ROA(3y)-61.41%
ROA(5y)-52.18%
ROE(3y)-1031.52%
ROE(5y)-647.66%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With an excellent Operating Margin value of 378.20%, NVTA belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- NVTA's Gross Margin of 27.14% is in line compared to the rest of the industry. NVTA outperforms 51.75% of its industry peers.
- In the last couple of years the Gross Margin of NVTA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 378.2% | ||
| PM (TTM) | N/A | ||
| GM | 27.14% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-21.59%
GM growth 5Y-3.73%
2. Health
2.1 Basic Checks
- NVTA has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- NVTA has more shares outstanding than it did 1 year ago.
- Compared to 1 year ago, NVTA has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of -3.51, we must say that NVTA is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of -3.51, NVTA is doing worse than 86.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | -3.51 |
ROIC/WACC172.06
WACC2.22%
2.3 Liquidity
- NVTA has a Current Ratio of 2.39. This indicates that NVTA is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.39, NVTA is in the better half of the industry, outperforming 79.82% of the companies in the same industry.
- NVTA has a Quick Ratio of 2.25. This indicates that NVTA is financially healthy and has no problem in meeting its short term obligations.
- NVTA has a better Quick ratio (2.25) than 78.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 2.25 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 58.74% over the past year.
- The Revenue has decreased by -7.37% in the past year.
- The Revenue has been growing by 49.91% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)58.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%76.19%
Revenue 1Y (TTM)-7.37%
Revenue growth 3Y33.54%
Revenue growth 5Y49.91%
Sales Q2Q%-9.21%
3.2 Future
- Based on estimates for the next years, NVTA will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.71% on average per year.
- NVTA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.73% yearly.
EPS Next Y53.25%
EPS Next 2Y26.21%
EPS Next 3Y18.34%
EPS Next 5Y12.71%
Revenue Next Year-6.03%
Revenue Next 2Y0.81%
Revenue Next 3Y3.75%
Revenue Next 5Y3.73%
3.3 Evolution
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for NVTA. In the last year negative earnings were reported.
- Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NVTA. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NVTA indicates a rather cheap valuation: NVTA is cheaper than 98.25% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 0.53 |
4.3 Compensation for Growth
- NVTA's earnings are expected to grow with 18.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y26.21%
EPS Next 3Y18.34%
5. Dividend
5.1 Amount
- NVTA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
INVITAE CORP / NVTA FAQ
Can you provide the ChartMill fundamental rating for INVITAE CORP?
ChartMill assigns a fundamental rating of 2 / 10 to NVTA.
What is the valuation status for NVTA stock?
ChartMill assigns a valuation rating of 1 / 10 to INVITAE CORP (NVTA). This can be considered as Overvalued.
Can you provide the profitability details for INVITAE CORP?
INVITAE CORP (NVTA) has a profitability rating of 2 / 10.
Can you provide the financial health for NVTA stock?
The financial health rating of INVITAE CORP (NVTA) is 3 / 10.