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Innovate (Innovate) EV-to-EBITDA : 10.55 (As of Apr. 25, 2024)


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What is Innovate EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Innovate's enterprise value is $736 Mil. Innovate's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $70 Mil. Therefore, Innovate's EV-to-EBITDA for today is 10.55.

The historical rank and industry rank for Innovate's EV-to-EBITDA or its related term are showing as below:

VATE' s EV-to-EBITDA Range Over the Past 10 Years
Min: -3662.59   Med: -10.56   Max: 124.13
Current: 10.55

During the past 13 years, the highest EV-to-EBITDA of Innovate was 124.13. The lowest was -3662.59. And the median was -10.56.

VATE's EV-to-EBITDA is ranked worse than
56.7% of 1381 companies
in the Construction industry
Industry Median: 9.35 vs VATE: 10.55

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-25), Innovate's stock price is $0.5602. Innovate's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.470. Therefore, Innovate's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Innovate EV-to-EBITDA Historical Data

The historical data trend for Innovate's EV-to-EBITDA 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.

* Premium members only.

Innovate EV-to-EBITDA Chart

Innovate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -77.50 15.58 63.97 17.78 11.48

Innovate Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.78 16.41 14.25 13.34 11.48

Competitive Comparison of Innovate's EV-to-EBITDA

For the Engineering & Construction subindustry, Innovate's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Innovate's EV-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Innovate's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Innovate's EV-to-EBITDA falls into.



Innovate EV-to-EBITDA Calculation

Innovate's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=736.264/69.8
=10.55

Innovate's current Enterprise Value is $736 Mil.
Innovate's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $70 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.


Innovate  (NYSE:VATE) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Innovate's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.5602/-0.470
=At Loss

Innovate's share price for today is $0.5602.
Innovate's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.470.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Innovate EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Innovate's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Innovate (Innovate) Business Description

Traded in Other Exchanges
Address
295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments which are; The infrastructure segment is comprised of DBM Global Inc, a fully integrated industrial construction, structural steel, and facility maintenance provider that provides fabrication and erection of structural steel and heavy steel plate services, The Life Sciences segment is comprised of Pansend Life Sciences which seeks to develop products to treat early osteoarthritis of the knee and aesthetic and medical technologies for the skin, and Spectrum segment is comprised of HC2 Broadcasting Holdings Inc which operates over-the-air broadcasting stations across the United States.
Executives
Wayne Jr Barr director ANACOMP INC, 15378 AVENUE OF SCIENCE, SAN DIEGO CA 92128
Michael J. Sena officer: Chief Financial Officer 450 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10022
Brian Steven Goldstein director 295 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10017
Amy Marie Wilkinson director 295 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10017
Shelly Lombard director 44 MORSE AVENUE, BLOOMFIELD NJ 07003
Avram A Glazer director C/O WOODS OVIATT GILMAN LLP, 700 CROSSROADS BUILDING, ROCHESTER NY 14614
Suzi R Herbst officer: Chief Administrative Officer C/O HC2 HOLDINGS, INC., 450 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10022
Joseph Anthony Ferraro officer: Chief Legal Officer & Corp Sec 56 EMILY ROAD, FAR HILLS FL 07931
Continental Ltc, Inc. 10 percent owner 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Michael Gorzynski director, 10 percent owner 595 MADISON AVE, FLOOR 29, NEW YORK NY 10022
Continental General Insurance Co 10 percent owner 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Continental Insurance Group, Ltd. 10 percent owner 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Percy Rockdale Llc 10 percent owner 595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Mg Capital Management Ltd. 10 percent owner C/O CAMPBELLS LLP, FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Rio Royal Llc 10 percent owner 595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022