Innoviva Gross Profit vs. Book Value Per Share

INVA Stock  USD 18.18  0.30  1.68%   
Based on the key profitability measurements obtained from Innoviva's financial statements, Innoviva is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in April. Profitability indicators assess Innoviva's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2002-12-31
Previous Quarter
79.5 M
Current Value
84.6 M
Quarterly Volatility
36 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
The current year's Operating Cash Flow Sales Ratio is expected to grow to 0.55, whereas Price To Sales Ratio is forecasted to decline to 2.88. At present, Innoviva's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 19.2 M, whereas Net Income is forecasted to decline to about 19.2 M.
For Innoviva profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Innoviva to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Innoviva utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Innoviva's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Innoviva over time as well as its relative position and ranking within its peers.
  

Innoviva's Revenue Breakdown by Earning Segment

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For information on how to trade Innoviva Stock refer to our How to Trade Innoviva Stock guide.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innoviva. If investors know Innoviva will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innoviva listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Earnings Share
0.36
Revenue Per Share
5.719
Quarterly Revenue Growth
0.07
Return On Assets
0.0888
The market value of Innoviva is measured differently than its book value, which is the value of Innoviva that is recorded on the company's balance sheet. Investors also form their own opinion of Innoviva's value that differs from its market value or its book value, called intrinsic value, which is Innoviva's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innoviva's market value can be influenced by many factors that don't directly affect Innoviva's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innoviva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innoviva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innoviva's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Innoviva Book Value Per Share vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Innoviva's current stock value. Our valuation model uses many indicators to compare Innoviva value to that of its competitors to determine the firm's financial worth.
Innoviva is rated below average in gross profit category among its peers. It is rated fifth overall in book value per share category among its peers . The ratio of Gross Profit to Book Value Per Share for Innoviva is about  29,221,054 . At present, Innoviva's Gross Profit is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Innoviva's earnings, one of the primary drivers of an investment's value.

Innoviva Book Value Per Share vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Innoviva

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
322.28 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Innoviva

Book Value per Share

 = 

Common Equity

Average Shares

 = 
11.03 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Innoviva Book Value Per Share Comparison

Innoviva is currently under evaluation in book value per share category among its peers.

Innoviva Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Innoviva, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Innoviva will eventually generate negative long term returns. The profitability progress is the general direction of Innoviva's change in net profit over the period of time. It can combine multiple indicators of Innoviva, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income229.4 M240.8 M
Net Income23.4 M19.2 M
Income Tax Expense14 M19.2 M
Income Before Tax37.4 M37.6 M
Total Other Income Expense Net-192 M-182.4 M
Net Income From Continuing Ops23.4 M22.2 M
Non Operating Income Net Other100.5 M105.5 M
Net Income Applicable To Common Shares246 M258.3 M
Interest Income19.1 M20.1 M
Net Interest Income-3.1 M-3.2 M
Change To Netincome-36.6 M-34.7 M
Net Income Per Share 0.37  0.39 
Income Quality 8.07  8.47 
Net Income Per E B T 0.63  1.17 

Innoviva Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Innoviva. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Innoviva position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Innoviva's important profitability drivers and their relationship over time.

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When determining whether Innoviva offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Innoviva's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Innoviva Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Innoviva Stock:
Check out Risk vs Return Analysis.
For information on how to trade Innoviva Stock refer to our How to Trade Innoviva Stock guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Innoviva's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Innoviva at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Innoviva's income statement, its balance sheet, and the statement of cash flows.
Potential Innoviva investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Innoviva investors may work on each financial statement separately, they are all related. The changes in Innoviva's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Innoviva's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.