Innovage Holding Corp Stock Current Valuation
| INNV Stock | USD 4.87 0.07 1.46% |
Valuation analysis of InnovAge Holding Corp helps investors to measure InnovAge Holding's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, InnovAge Holding's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 674.25 in 2024, whereas Enterprise Value is likely to drop slightly above 809.6 M in 2024. Fundamental drivers impacting InnovAge Holding's valuation include:
Price Book 2.528 | Enterprise Value 683.9 M | Enterprise Value Ebitda 82.3332 | Price Sales 0.8387 | Forward PE 13.6612 |
Undervalued
Today
Please note that InnovAge Holding's price fluctuation is slightly risky at this time. Calculation of the real value of InnovAge Holding Corp is based on 3 months time horizon. Increasing InnovAge Holding's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the InnovAge stock is determined by what a typical buyer is willing to pay for full or partial control of InnovAge Holding Corp. Since InnovAge Holding is currently traded on the exchange, buyers and sellers on that exchange determine the market value of InnovAge Stock. However, InnovAge Holding's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 4.87 | Real 5.6 | Target 7.5 | Hype 4.9 |
The intrinsic value of InnovAge Holding's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence InnovAge Holding's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of InnovAge Holding Corp helps investors to forecast how InnovAge stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of InnovAge Holding more accurately as focusing exclusively on InnovAge Holding's fundamentals will not take into account other important factors: InnovAge Holding Corp Company Current Valuation Analysis
InnovAge Holding's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current InnovAge Holding Current Valuation | 683.94 M |
Most of InnovAge Holding's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, InnovAge Holding Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
InnovAge Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for InnovAge Holding is extremely important. It helps to project a fair market value of InnovAge Stock properly, considering its historical fundamentals such as Current Valuation. Since InnovAge Holding's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of InnovAge Holding's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of InnovAge Holding's interrelated accounts and indicators.
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InnovAge Current Valuation Historical Pattern
Today, most investors in InnovAge Holding Stock are looking for potential investment opportunities by analyzing not only static indicators but also various InnovAge Holding's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of InnovAge Holding current valuation as a starting point in their analysis.
InnovAge Holding Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, InnovAge Holding Corp has a Current Valuation of 683.94 M. This is 95.24% lower than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The current valuation for all United States stocks is 95.89% higher than that of the company.
InnovAge Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses InnovAge Holding's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of InnovAge Holding could also be used in its relative valuation, which is a method of valuing InnovAge Holding by comparing valuation metrics of similar companies.InnovAge Holding is currently under evaluation in current valuation category among its peers.
InnovAge Holding Current Valuation Drivers
We derive many important indicators used in calculating different scores of InnovAge Holding from analyzing InnovAge Holding's financial statements. These drivers represent accounts that assess InnovAge Holding's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of InnovAge Holding's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Enterprise Value | 3.3B | 2.8B | 494.0M | 741.0M | 852.2M | 809.6M |
InnovAge Holding ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, InnovAge Holding's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to InnovAge Holding's managers, analysts, and investors.Environmental | Governance | Social |
InnovAge Fundamentals
| Return On Equity | -0.0603 | ||||
| Return On Asset | -0.0202 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 683.94 M | ||||
| Shares Outstanding | 135.46 M | ||||
| Shares Owned By Insiders | 85.03 % | ||||
| Shares Owned By Institutions | 11.90 % | ||||
| Number Of Shares Shorted | 303.26 K | ||||
| Price To Earning | 33.64 X | ||||
| Price To Book | 2.53 X | ||||
| Price To Sales | 0.84 X | ||||
| Revenue | 763.86 M | ||||
| Gross Profit | 475.82 M | ||||
| EBITDA | 1.15 M | ||||
| Net Income | (23.22 M) | ||||
| Cash And Equivalents | 184.43 M | ||||
| Cash Per Share | 1.36 X | ||||
| Total Debt | 113.03 M | ||||
| Debt To Equity | 0.24 % | ||||
| Current Ratio | 2.29 X | ||||
| Book Value Per Share | 1.93 X | ||||
| Cash Flow From Operations | (36.9 M) | ||||
| Short Ratio | 10.01 X | ||||
| Earnings Per Share | (0.12) X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 2.35 K | ||||
| Beta | 0.39 | ||||
| Market Capitalization | 659.67 M | ||||
| Total Asset | 547.66 M | ||||
| Retained Earnings | (68.31 M) | ||||
| Working Capital | 34.54 M | ||||
| Current Asset | 3.06 M | ||||
| Current Liabilities | 4.22 M | ||||
| Net Asset | 547.66 M |
About InnovAge Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze InnovAge Holding Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of InnovAge Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of InnovAge Holding Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for InnovAge Stock Analysis
When running InnovAge Holding's price analysis, check to measure InnovAge Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InnovAge Holding is operating at the current time. Most of InnovAge Holding's value examination focuses on studying past and present price action to predict the probability of InnovAge Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnovAge Holding's price. Additionally, you may evaluate how the addition of InnovAge Holding to your portfolios can decrease your overall portfolio volatility.