InnovAge Holding Corp. INNV NASDAQ

InnovAge Holding Corp. (INNV) has a negative trailing P/E of -273.2, meaning the company is currently unprofitable on a trailing twelve-month (TTM) basis. The forward P/E of 32.4 based on analyst estimates suggests a return to profitability is expected. Trailing earnings yield is -0.37%, forward earnings yield 3.09%. PEG 0.74 (Peter Lynch undervalued ≤1.0).

Criteria proven by this page:

• VALUE (20/100, Fail) — negative P/E indicates the company is currently operating at a loss — DCF and P/E-based valuation models cannot produce meaningful results for unprofitable companies (P/E -273.2); trailing earnings yield is below the 10-year Treasury yield (~4.3%), meaning bonds offer a better return (EY -0.37%); analyst consensus target implies downside from the current price ($6.80, 16.8%).
• Forward P/E 32.4 — analysts expect a return to profitability with estimated EPS of $0.25 for FY2026.
• PEG Ratio 0.74 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
• Trailing Earnings Yield -0.37% — negative yield confirms the company is currently unprofitable. Investors are paying for a turnaround rather than current earnings. Forward yield improves to 3.09% as earnings recover.
• Analyst consensus target $6.80 (-16.8% downside) — analysts see meaningful downside risk at the current price level.

Overall SharesGrow Score: 29/100 with 1/7 criteria passed.