INNOVATE CORP (VATE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VATE - US45784J3032 - Common Stock
5.51 USD
0 (0%)
Overall VATE gets a fundamental rating of 1 out of 10. We evaluated VATE against 55 industry peers in the Construction & Engineering industry. VATE has a bad profitability rating. Also its financial health evaluation is rather negative. VATE has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- VATE had negative earnings in the past year.
- In the past year VATE had a positive cash flow from operations.
- VATE had negative earnings in each of the past 5 years.
- VATE had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With a Return On Assets value of -8.00%, VATE is not doing good in the industry: 78.18% of the companies in the same industry are doing better.
- VATE had an Average Return On Invested Capital over the past 3 years of 4.95%. This is significantly below the industry average of 15.97%.
- The last Return On Invested Capital (%ROIC%%) for VATE is well below the 3 year average (4.95%), which needs to be investigated, but indicates that VATE had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8% | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)-3.72%
ROA(5y)-6.77%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.95%
ROIC(5y)N/A
1.3 Margins
- The Operating Margin of VATE (1.77%) is worse than 69.09% of its industry peers.
- In the last couple of years the Operating Margin of VATE has declined.
- VATE's Gross Margin of 17.02% is in line compared to the rest of the industry. VATE outperforms 50.91% of its industry peers.
- In the last couple of years the Gross Margin of VATE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.77% | ||
| PM (TTM) | N/A | ||
| GM | 17.02% |
OM growth 3YN/A
OM growth 5Y-8.91%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.36%
GM growth 5Y-15.84%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VATE is destroying value.
- The number of shares outstanding for VATE has been increased compared to 1 year ago.
- The number of shares outstanding for VATE has been reduced compared to 5 years ago.
- The debt/assets ratio for VATE is higher compared to a year ago.
2.2 Solvency
- VATE has an Altman-Z score of -0.29. This is a bad value and indicates that VATE is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of -0.29, VATE is doing worse than 87.27% of the companies in the same industry.
- VATE has a debt to FCF ratio of 10.97. This is a negative value and a sign of low solvency as VATE would need 10.97 years to pay back of all of its debts.
- The Debt to FCF ratio of VATE (10.97) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.97 | ||
| Altman-Z | -0.29 |
ROIC/WACCN/A
WACC6.6%
2.3 Liquidity
- A Current Ratio of 0.43 indicates that VATE may have some problems paying its short term obligations.
- VATE has a worse Current ratio (0.43) than 85.45% of its industry peers.
- VATE has a Quick Ratio of 0.43. This is a bad value and indicates that VATE is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.41, VATE is not doing good in the industry: 85.45% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
- The earnings per share for VATE have decreased strongly by -248.45% in the last year.
- The Revenue for VATE has decreased by -10.69% in the past year. This is quite bad
- Measured over the past years, VATE shows a small growth in Revenue. The Revenue has been growing by 0.55% on average per year.
EPS 1Y (TTM)-248.45%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%38.38%
Revenue 1Y (TTM)-10.69%
Revenue growth 3Y-2.79%
Revenue growth 5Y0.55%
Sales Q2Q%43.31%
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
- The Price/Earnings Ratio is negative for VATE. In the last year negative earnings were reported.
| 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 VATE indicates a somewhat cheap valuation: VATE is cheaper than 78.18% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of VATE indicates a rather cheap valuation: VATE is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.23 | ||
| EV/EBITDA | 14.12 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- No dividends for VATE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
INNOVATE CORP / VATE FAQ
What is the fundamental rating for VATE stock?
ChartMill assigns a fundamental rating of 1 / 10 to VATE.
What is the valuation status for VATE stock?
ChartMill assigns a valuation rating of 2 / 10 to INNOVATE CORP (VATE). This can be considered as Overvalued.
What is the profitability of VATE stock?
INNOVATE CORP (VATE) has a profitability rating of 2 / 10.
Is the dividend of INNOVATE CORP sustainable?
The dividend rating of INNOVATE CORP (VATE) is 0 / 10 and the dividend payout ratio is -2.46%.