Inovalon Holdings Etf Price To Earnings To Growth
| INOV Etf | USD 27.85 0.07 0.25% |
Inovalon Holdings fundamentals help investors to digest information that contributes to Inovalon Holdings' financial success or failures. It also enables traders to predict the movement of Inovalon Etf. The fundamental analysis module provides a way to measure Inovalon Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Inovalon Holdings etf.
Inovalon |
Inovalon Holdings ETF Price To Earnings To Growth Analysis
Inovalon Holdings' PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Inovalon Holdings Price To Earnings To Growth | 5.24 X |
Most of Inovalon Holdings' fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Inovalon Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, Inovalon Holdings has a Price To Earnings To Growth of 5.24 times. This is much higher than that of the Health Care Technology family and significantly higher than that of the Health Care category. The price to earnings to growth for all United States etfs is notably lower than that of the firm.
Inovalon Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Inovalon Holdings' direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Inovalon Holdings could also be used in its relative valuation, which is a method of valuing Inovalon Holdings by comparing valuation metrics of similar companies.Inovalon Holdings is currently under evaluation in price to earnings to growth as compared to similar ETFs.
Inovalon Fundamentals
| Return On Equity | 0.0716 | ||||
| Return On Asset | 0.0331 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 7.22 B | ||||
| Shares Outstanding | 77.17 M | ||||
| Shares Owned By Insiders | 3.99 % | ||||
| Shares Owned By Institutions | 75.85 % | ||||
| Number Of Shares Shorted | 4.45 M | ||||
| Price To Earning | 188.89 X | ||||
| Price To Book | 8.31 X | ||||
| Price To Sales | 8.25 X | ||||
| Revenue | 667.52 M | ||||
| Gross Profit | 499.7 M | ||||
| EBITDA | 186.56 M | ||||
| Net Income | 22.58 M | ||||
| Cash And Equivalents | 128.63 M | ||||
| Cash Per Share | 0.82 X | ||||
| Total Debt | 897.3 M | ||||
| Debt To Equity | 1.39 % | ||||
| Current Ratio | 2.17 X | ||||
| Book Value Per Share | 4.91 X | ||||
| Cash Flow From Operations | 146.36 M | ||||
| Short Ratio | 6.78 X | ||||
| Earnings Per Share | 0.34 X | ||||
| Price To Earnings To Growth | 5.24 X | ||||
| Target Price | 41.8 | ||||
| Beta | 0.53 | ||||
| Market Capitalization | 6.37 B | ||||
| Total Asset | 1.97 B | ||||
| Retained Earnings | 300.89 M | ||||
| Working Capital | 158.8 M | ||||
| Current Asset | 844.01 M | ||||
| Current Liabilities | 67.53 M | ||||
| Net Asset | 1.97 B |
About Inovalon Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Inovalon Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Inovalon Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Inovalon Holdings based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Inovalon Holdings Piotroski F Score and Inovalon Holdings Altman Z Score analysis. For more information on how to buy Inovalon Etf please use our How to Invest in Inovalon Holdings guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of Inovalon Holdings is measured differently than its book value, which is the value of Inovalon that is recorded on the company's balance sheet. Investors also form their own opinion of Inovalon Holdings' value that differs from its market value or its book value, called intrinsic value, which is Inovalon Holdings' 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 Inovalon Holdings' market value can be influenced by many factors that don't directly affect Inovalon Holdings' 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 Inovalon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inovalon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inovalon Holdings' 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.