Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Innovate's share price for the quarter that ended in Sep. 2024 was $3.7. Innovate's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 13 Mil. Therefore, Innovate's market cap for the quarter that ended in Sep. 2024 was $49 Mil.
Innovate's quarterly market cap
increased
from Mar. 2024 ($56 Mil) to Jun. 2024 ($79 Mil) but then
declined
from Jun. 2024 ($79 Mil) to Sep. 2024 ($49 Mil).
Innovate's annual market cap
declined
from Dec. 2021 ($288 Mil) to Dec. 2022 ($147 Mil) and
declined
from Dec. 2022 ($147 Mil) to Dec. 2023 ($97 Mil).
Enterprise Value is 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 and cash equivalents. Innovate's Enterprise Value for Today is $781 Mil.
Innovate Market Cap Historical Data
The historical data trend for Innovate's Market Cap 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.
For the Engineering & Construction subindustry, Innovate's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Construction Industry
For the Construction industry and Industrials sector, Innovate's Market Cap distribution charts can be found below:
* The bar in red indicates where Innovate's Market Cap falls into.
Innovate Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Innovate's Market Cap for the fiscal year that ended in Dec. 2023 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.
Innovate (NYSE:VATE) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Innovate Market Cap Related Terms
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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.
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