INNOVATE Corp. VATE NYSE

NYSE • Industrials • Engineering & Construction • US • USD

SharesGrow Score

11/100

0/5 Pass

SharesGrow Intrinsic Value

$8,083.66

+83842.5%

SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

INNOVATE Corp. (VATE) has a negative trailing P/E of -1.7, meaning the company is currently unprofitable on a trailing twelve-month (TTM) basis. The forward P/E of 0.3 based on analyst estimates suggests a return to profitability is expected. Trailing earnings yield is -57.54%, forward earnings yield 370.37%.

Criteria proven by this page:

VALUE (0/100, 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 -1.7); trailing earnings yield is below the 10-year Treasury yield (~4.3%), meaning bonds offer a better return (EY -57.54%).
Forward P/E 0.3 — analysts expect a return to profitability with estimated EPS of $35.79 for FY2027.
Trailing Earnings Yield -57.54% — negative yield confirms the company is currently unprofitable. Investors are paying for a turnaround rather than current earnings. Forward yield improves to 370.37% as earnings recover.

Overall SharesGrow Score: 10/100 with 0/7 criteria passed.

SharesGrow 7-Criteria Score

11/100

SG Score

View full scorecard →

—

VALUE

N/A

No coverage

—

FUTURE

N/A

No coverage

✗

PAST

0/100

→ Income

✗

HEALTH

0/100

Debt-to-Equity & liquidity

→ Health

✗

MOAT

30/100

→ Income

✗

GROWTH

15/100

→ Income

✗

INCOME

10/100

→ Income

Valuation Snapshot — VATE

Valuation Multiples

P/E (TTM)-1.7

Forward P/E0.3

PEG RatioN/A

Forward PEGN/A

P/B Ratio-0.46

P/S Ratio0.09

EV/EBITDA12.9

Per Share Data

EPS (TTM)$-4.54

Forward EPS (Est.)$35.79

Book Value / Share$-16.14

Revenue / Share$93.40

FCF / Share$9.03

Yields & Fair Value

Earnings Yield-57.54%

Forward Earnings Yield370.37%

Dividend Yield0.00%

SharesGrow IV$8,083.66 (+83842.5%)

Historical Valuation

Year	P/E (TTM)	PEG Ratio	P/B Ratio	P/S Ratio	Dividend Yield
2016	-3.7	-0.02	8.89	0.25	1.07%
2017	-7.9	0.15	5.39	0.24	0.92%
2018	0.9	0.00	1.44	0.06	1.58%
2019	-3.1	0.03	0.27	0.09	-
2020	-1.8	-0.01	0.29	0.23	119.33%
2021	-1.3	-0.10	-3.38	0.24	-
2022	-4.0	0.08	-1.40	0.09	3.59%
2023	-2.7	0.30	-0.58	0.07	2.27%
2024	-1.9	0.04	-0.36	0.06	1.85%
2025	-1.0	-0.01	-0.26	0.05	3.68%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year	EPS (Diluted)	Revenue	Net Income	Net Margin
2016	$-28.26	$1.56B	$-105.4M	-6.8%
2017	$-11.61	$1.63B	$-49.7M	-3%
2018	$29.70	$1.98B	$139M	7%
2019	$-3.93	$1.81B	$-17.6M	-1%
2020	$-9.22	$1.01B	$-46.4M	-4.6%
2021	$-10.35	$1.21B	$-79.8M	-6.6%
2022	$-5.26	$1.64B	$-40.8M	-2.5%
2023	$-4.78	$1.42B	$-37.6M	-2.6%
2024	$-0.60	$1.11B	$-35.8M	-3.2%
2025	$-4.84	$1.25B	$-60.6M	-4.9%

Analyst Estimates

Year	EPS (Avg)	EPS Range	Revenue (Avg)	Revenue Range	Analysts
2026	$-11.00	$-11.00 – $-11.00	$1.61B	$1.61B – $1.61B	1
2027	$35.79	$35.79 – $35.79	$1.94B	$1.94B – $1.94B	1
2028	$-2.48	$-2.48 – $-2.48	$1.99B	$1.99B – $1.99B	1
2029	$-20.65	$-20.65 – $-20.65	$1.47B	$1.47B – $1.47B	1
2030	$-5.96	$-5.96 – $-5.96	$1.09B	$1.09B – $1.09B	1