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Innovate Valuation Multiples
Discover revenue and EBITDA valuation multiples for Innovate and similar public comparables like Companhia Habitasul, Team, Andino Inversiones, NN and more.
Innovate Overview
About Innovate
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 station across the United States.
Founded
1994
HQ
Employees
3.2K
Website
Sectors
Financials (FY)
EV
$757M
Innovate Financials
Innovate reported last fiscal year revenue of $1B and EBITDA of $58M.
In the same fiscal year, Innovate generated $200M in gross profit, $58M in EBITDA, and had net loss of ($61M).
Revenue (LTM)
Innovate P&L
In the most recent fiscal year, Innovate reported revenue of $1B and EBITDA of $58M.
Innovate expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $200M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 16% | XXX | XXX | XXX |
| EBITDA | — | XXX | $58M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 5% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | 2% | XXX | XXX | XXX |
| Net Profit | — | XXX | ($61M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (5%) | XXX | XXX | XXX |
| Net Debt | — | — | $550M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Innovate Stock Performance
Innovate has current market cap of $69M, and enterprise value of $757M.
Market Cap Evolution
Innovate's stock price is $5.06.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $757M | $69M | 0.0% | XXX | XXX | XXX | $-4.44 |
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Start Free TrialInnovate Valuation Multiples
Innovate trades at 0.6x EV/Revenue multiple, and 13.1x EV/EBITDA.
EV / Revenue (LTM)
Innovate Financial Valuation Multiples
As of April 9, 2026, Innovate has market cap of $69M and EV of $757M.
Equity research analysts estimate Innovate's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Innovate has a P/E ratio of (1.1x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $69M | XXX | $69M | XXX | XXX | XXX |
| EV (current) | $757M | XXX | $757M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 0.6x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 13.1x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | 26.4x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 3.8x | XXX | XXX | XXX |
| P/E | — | XXX | (1.1x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | 6.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Innovate Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Innovate Margins & Growth Rates
Innovate's revenue in the last fiscal year grew by 13%.
Innovate's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.
Innovate Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 13% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 5% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | (22%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 14% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Innovate Public Comps
See public comps and valuation multiples for other Diversified Industrials comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Companhia Habitasul | XXX | XXX | XXX | XXX | XXX | XXX |
| Team | XXX | XXX | XXX | XXX | XXX | XXX |
| Andino Inversiones | XXX | XXX | XXX | XXX | XXX | XXX |
| NN | XXX | XXX | XXX | XXX | XXX | XXX |
| Corporacion Cervesur | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Innovate M&A Activity
Innovate acquired XXX companies to date.
Last acquisition by Innovate was on XXXXXXXX, XXXXX. Innovate acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Innovate
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialInnovate Investment Activity
Innovate invested in XXX companies to date.
Innovate made its latest investment on XXXXXXXX, XXXXX. Innovate invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Innovate
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Innovate
| When was Innovate founded? | Innovate was founded in 1994. |
| Where is Innovate headquartered? | Innovate is headquartered in United States. |
| How many employees does Innovate have? | As of today, Innovate has over 3K employees. |
| Who is the CEO of Innovate? | Innovate's CEO is Paul K. Voigt. |
| Is Innovate publicly listed? | Yes, Innovate is a public company listed on NYSE. |
| What is the stock symbol of Innovate? | Innovate trades under VATE ticker. |
| When did Innovate go public? | Innovate went public in 2009. |
| Who are competitors of Innovate? | Innovate main competitors are Companhia Habitasul, Team, Andino Inversiones, NN. |
| What is the current market cap of Innovate? | Innovate's current market cap is $69M. |
| What is the current revenue of Innovate? | Innovate's last fiscal year revenue is $1B. |
| What is the current EV/Revenue multiple of Innovate? | Current revenue multiple of Innovate is 0.6x. |
| Is Innovate profitable? | No, Innovate is not profitable. |
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