Innovex International, Revenue vs. Beta
| INVX Stock | 13.97 0.16 1.16% |
Total Revenue | First Reported 2016-09-30 | Previous Quarter 120.3 M | Current Value 151.8 M | Quarterly Volatility 16.5 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.41 | 0.2722 |
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For Innovex International, profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Innovex International, to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Innovex International, utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Innovex International,'s most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Innovex International, over time as well as its relative position and ranking within its peers.
Innovex |
Is Energy Equipment & Services 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 Innovex International,. If investors know Innovex 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 Innovex International, 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 3.146 | Earnings Share 1.05 | Revenue Per Share | Quarterly Revenue Growth 0.092 | Return On Assets |
The market value of Innovex International, is measured differently than its book value, which is the value of Innovex that is recorded on the company's balance sheet. Investors also form their own opinion of Innovex International,'s value that differs from its market value or its book value, called intrinsic value, which is Innovex International,'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 Innovex International,'s market value can be influenced by many factors that don't directly affect Innovex International,'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 Innovex International,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovex International, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovex International,'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.
Innovex International, Beta vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Innovex International,'s current stock value. Our valuation model uses many indicators to compare Innovex International, value to that of its competitors to determine the firm's financial worth. Innovex International, is rated below average in revenue category among its peers. It also is rated below average in beta category among its peers . The ratio of Revenue to Beta for Innovex International, is about 503,634,204 . At this time, Innovex International,'s Total Revenue is fairly stable compared to the past year. 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 Innovex International,'s earnings, one of the primary drivers of an investment's value.Innovex Revenue vs. Competition
Innovex International, is rated below average in revenue category among its peers. Market size based on revenue of Energy industry is currently estimated at about 56.5 Billion. Innovex International, maintains roughly 424.06 Million in revenue contributing less than 1% to equities under Energy industry.
Innovex Beta vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Innovex International, |
| = | 424.06 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Innovex International, |
| = | 0.84 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Innovex Beta Comparison
Innovex International, is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Innovex International,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovex International, is expected to be smaller as well.
Innovex International, Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Innovex International,, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Innovex International, will eventually generate negative long term returns. The profitability progress is the general direction of Innovex International,'s change in net profit over the period of time. It can combine multiple indicators of Innovex International,, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -170.1 M | -161.6 M | |
| Operating Income | 1.4 M | 1.3 M | |
| Income Before Tax | 13.5 M | 12.8 M | |
| Total Other Income Expense Net | 12.1 M | 12.7 M | |
| Net Income | 604 K | 573.8 K | |
| Income Tax Expense | 12.9 M | 20.5 M | |
| Net Interest Income | -3.6 M | -3.8 M | |
| Net Income From Continuing Ops | 72.8 M | 40.2 M | |
| Net Income Per Share | 0.02 | 0.02 | |
| Income Quality | 12.79 | 13.43 | |
| Net Income Per E B T | 0.04 | 0.04 |
Innovex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Innovex International,. 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 Innovex International, 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 Innovex International,'s important profitability drivers and their relationship over time.