Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, InnovAge Holding's Enterprise Value is $1,593.6 Mil.
InnovAge Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-9.2 Mil. Therefore, InnovAge Holding's EV-to-EBIT ratio for today is -172.75.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, InnovAge Holding's Enterprise Value is $1,593.6 Mil.
InnovAge Holding's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $9.0 Mil. Therefore, InnovAge Holding's EV-to-EBITDA ratio for today is 177.96.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, InnovAge Holding's Enterprise Value is $1,593.6 Mil.
InnovAge Holding's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $949.2 Mil. Therefore, InnovAge Holding's EV-to-Revenue ratio for today is 1.68.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
InnovAge Holding (NAS:INNV) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
InnovAge Holding's current Enterprise Value is $1,593.6 Mil.
InnovAge Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.2 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
InnovAge Holding's current Enterprise Value is $1,593.6 Mil.
InnovAge Holding's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.0 Mil.
InnovAge Holding's current Enterprise Value is $1,593.6 Mil.
InnovAge Holding's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $949.2 Mil.
InnovAge Holding's current Enterprise Value is $1,593.6 Mil.
InnovAge Holding's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $52.4 Mil.
InnovAge Holding's current Enterprise Value is $1,593.6 Mil.
InnovAge Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $42.6 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
InnovAge Holding Enterprise Value Related Terms
InnovAge Holding Enterprise Value Historical Data
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The historical data trend for InnovAge Holding's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
INNV vs ARDT, AMN, HCSG: Enterprise Value Comparison
For the Medical Care Facilities subindustry, InnovAge Holding's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
InnovAge Holding Enterprise Value vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, InnovAge Holding's Enterprise Value distribution charts can be found below:
* The bar in red indicates where InnovAge Holding's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
InnovAge Holding's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Enterprise Value of $1,593.6 Mil mean?
InnovAge Holding (INNV) has a Enterprise Value of $1,593.6 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on InnovAge Holding and its competitors.
Is InnovAge Holding's Enterprise Value too high?
InnovAge Holding's current Enterprise Value is $1,593.6 Mil. Overall, InnovAge Holding has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does InnovAge Holding's Enterprise Value compare to ARDT and AMN?
InnovAge Holding's Enterprise Value of $1,593.6 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Healthcare Providers & Services company?
A good Enterprise Value depends on the Healthcare Providers & Services industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on InnovAge Holding and its competitors. InnovAge Holding's current Enterprise Value is $1,593.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InnovAge Holding stock overvalued right now?
Based on GuruFocus' analysis, InnovAge Holding (INNV) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.53, compared to a current price of $11.85 — trading 81.5% above its estimated fair value. The current Enterprise Value is $1,593.6 Mil. InnovAge Holding's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For InnovAge Holding (INNV), the current Enterprise Value is $1,593.6 Mil as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is InnovAge Holding (INNV) Overvalued in 2026?
Based on GuruFocus' analysis, InnovAge Holding stock appears to be overvalued.
The current stock price of $11.85 is trading 81.5% above its estimated GF Value™ of $6.53.
GuruFocus considers InnovAge Holding to be Significantly Overvalued.
Key valuation signals for INNV:
Enterprise Value: $1,593.6 Mil
GF Value™: $6.53 vs. price of $11.85 (81.5% above fair value)
No single metric tells the full story. See the INNV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
InnovAge Holding Corp is a healthcare delivery platform comprising multiple participants focused on providing all-inclusive, capitated care to high-cost seniors, many of whom are dual-eligible. Its programs are designed to address two of the pressing challenges facing the U.S. healthcare industry: rising costs and poor outcomes. The purpose of the participant-centered care delivery approach is to improve the quality of care participants receive, while keeping them in their homes for as long as possible and reducing the overutilization of high-cost care settings, such as hospitals and nursing homes. The company manages its business as one reportable segment, PACE.
64GF Score
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