Innovate Corp Gross Profit vs. EBITDA
| VATE Stock | USD 5.99 1.17 24.27% |
Gross Profit | First Reported 1996-09-30 | Previous Quarter 61.2 M | Current Value 48.2 M | Quarterly Volatility 34.4 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.26 | 0.1518 |
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For Innovate Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Innovate Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Innovate Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Innovate Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Innovate Corp over time as well as its relative position and ranking within its peers.
Innovate |
Innovate Corp's Revenue Breakdown by Earning Segment
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Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innovate Corp. If investors know Innovate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innovate Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.08) | Revenue Per Share 130.933 | Quarterly Revenue Growth (0.35) | Return On Assets 0.034 | Return On Equity (0.19) |
The market value of Innovate Corp is measured differently than its book value, which is the value of Innovate that is recorded on the company's balance sheet. Investors also form their own opinion of Innovate Corp's value that differs from its market value or its book value, called intrinsic value, which is Innovate Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovate Corp's market value can be influenced by many factors that don't directly affect Innovate Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovate Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovate Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovate Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Innovate Corp EBITDA vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Innovate Corp's current stock value. Our valuation model uses many indicators to compare Innovate Corp value to that of its competitors to determine the firm's financial worth. Innovate Corp is rated below average in gross profit category among its peers. It is rated below average in ebitda category among its peers totaling about 0.32 of EBITDA per Gross Profit. The ratio of Gross Profit to EBITDA for Innovate Corp is roughly 3.17 . At present, Innovate Corp's Gross Profit is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Innovate Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Innovate EBITDA vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Innovate Corp |
| = | 221.4 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Innovate Corp |
| = | 69.8 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Innovate EBITDA Comparison
Innovate Corp is currently under evaluation in ebitda category among its peers.
Innovate Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Innovate Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Innovate Corp will eventually generate negative long term returns. The profitability progress is the general direction of Innovate Corp's change in net profit over the period of time. It can combine multiple indicators of Innovate Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1.1 M | -1.2 M | |
| Operating Income | 29.2 M | 30.7 M | |
| Income Before Tax | -34.4 M | -36.1 M | |
| Total Other Income Expense Net | -63.6 M | -60.4 M | |
| Net Loss | -35.2 M | -37 M | |
| Income Tax Expense | 4.5 M | 4.7 M | |
| Net Interest Income | -68.2 M | -71.6 M | |
| Net Loss | -38.9 M | -37 M | |
| Net Loss | -36.7 M | -38.6 M | |
| Change To Netincome | 920 K | 874 K | |
| Net Loss | (4.78) | (5.02) | |
| Income Quality | (0.75) | (0.72) | |
| Net Income Per E B T | 1.09 | 1.04 |
Innovate Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Innovate Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Innovate Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Innovate Corp's important profitability drivers and their relationship over time.
Use Innovate Corp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Innovate Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Innovate Corp will appreciate offsetting losses from the drop in the long position's value.Innovate Corp Pair Trading
Innovate Corp Pair Trading Analysis
The ability to find closely correlated positions to Innovate Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovate Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Innovate Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Innovate Corp to buy it.
The correlation of Innovate Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Innovate Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovate Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Innovate Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Innovate Corp position
In addition to having Innovate Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out World Market Map. For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
To fully project Innovate Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Innovate Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Innovate Corp's income statement, its balance sheet, and the statement of cash flows.