VATE
Innovate Corp
NYSE: VATE · INDUSTRIALS · ENGINEERING & CONSTRUCTION
$11.52
-6.57% today
Updated 2026-04-29
Market cap
$168.37M
P/E ratio
—
P/S ratio
0.14x
EPS (TTM)
$-4.84
Dividend yield
—
52W range
$3 – $13
Volume
0.0M
WallStSmart proprietary scores
43
out of 100
Grade: D
Sell
Investment rating
5.3
Growth
C+4.5
Quality
C3.0
Profitability
D6.7
Valuation
B3/9
Piotroski F-Score
Weak
0.6
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →200 stocks currently score above 75
Price targets
Analyst target
$—
—
12-Month target
—
—
Intrinsic (DCF)
$42.64
Margin of safety
+88.16%
Price chart
X-Ray snapshot
Strengths
+ Free cash flow $93.60M — positive
+ Revenue growth 61.80% QoQ
+ 88.16% below intrinsic value
+ Debt/equity -3.23x — low leverage
Risks
- Piotroski 3/9 — weak financial health
- Altman Z 0.58 — distress zone
- Thin margins at -4.86%
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $1.64B | $1.42B | $1.11B | $1.25B | $1.25B |
| Net income | $-35.90M | $-35.20M | $-34.60M | $-60.60M | $-7.40M |
| EPS | — | — | — | — | $-4.84 |
| Free cash flow | $-30.20M | $8.10M | $-9.90M | $120.50M | $93.60M |
| Profit margin | -2.19% | -2.47% | -3.13% | -4.86% | -4.86% |
Peer comparison
Smart narrative
Innovate Corp trades at $11.52. Our Smart Value Score of 43/100 indicates the stock is fair. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 0.58, it sits in the distress. TTM revenue stands at $1.25B. with profit margins at -4.86%. Our DCF model estimates intrinsic value at $42.64.
Frequently asked questions
What is Innovate Corp's stock price?
Innovate Corp (VATE) trades at $11.52.
Is Innovate Corp overvalued?
Smart Value Score 43/100 (Grade D, Sell). DCF value $42.64.
What is the price target of Innovate Corp (VATE)?
The analyst target price is $—, representing NaN% downside from the current price of $11.52.
What is the intrinsic value of Innovate Corp (VATE)?
Based on our DCF model, intrinsic value is $42.64, a +88.2% margin of safety versus $11.52.
What is Innovate Corp's revenue?
TTM revenue is $1.25B.
Piotroski F-Score?
3/9 — weak financial health.
Altman Z-Score?
0.58 — distress.
Company info
SectorINDUSTRIALS
IndustryENGINEERING & CONSTRUCTION
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio0.14x
ROE-19.10%
Beta1.54
50D MA$6.72
200D MA$5.52
Shares out0.01B
Float0.00B
Short ratio—
Avg volume0.0M
Performance
1 week—
1 month—
3 months—
YTD—
1 year—
3 years—
5 years—