Innoviva Stock Gross Profit
| INVA Stock | USD 14.40 0.23 1.57% |
Innoviva fundamentals help investors to digest information that contributes to Innoviva's financial success or failures. It also enables traders to predict the movement of Innoviva Stock. The fundamental analysis module provides a way to measure Innoviva's 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 Innoviva stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 245.9 M | 258.2 M | |
| Gross Profit Margin | 0.76 | 1.01 |
Innoviva | Gross Profit |
Innoviva Company Gross Profit Analysis
Innoviva's 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.
Current Innoviva Gross Profit | 276.11 M |
Most of Innoviva's fundamental indicators, such as Gross Profit, 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, Innoviva is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Innoviva Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Innoviva is extremely important. It helps to project a fair market value of Innoviva Stock properly, considering its historical fundamentals such as Gross Profit. Since Innoviva's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Innoviva's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Innoviva's interrelated accounts and indicators.
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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.
| Competition |
According to the company disclosure, Innoviva reported 276.11 M of gross profit. This is 87.69% lower than that of the Pharmaceuticals sector and 70.96% lower than that of the Health Care industry. The gross profit for all United States stocks is 98.99% higher than that of the company.
Innoviva Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innoviva's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Innoviva could also be used in its relative valuation, which is a method of valuing Innoviva by comparing valuation metrics of similar companies.Innoviva is currently under evaluation in gross profit category among related companies.
Innoviva Fundamentals
| Return On Equity | 0.29 | ||||
| Return On Asset | 0.0712 | ||||
| Profit Margin | 0.58 % | ||||
| Operating Margin | 0.53 % | ||||
| Current Valuation | 1.18 B | ||||
| Shares Outstanding | 63.23 M | ||||
| Shares Owned By Insiders | 1.50 % | ||||
| Shares Owned By Institutions | 98.50 % | ||||
| Number Of Shares Shorted | 11.33 M | ||||
| Price To Earning | 5.67 X | ||||
| Price To Book | 1.37 X | ||||
| Price To Sales | 2.98 X | ||||
| Revenue | 324.26 M | ||||
| Gross Profit | 276.11 M | ||||
| EBITDA | 149.59 M | ||||
| Net Income | 179.72 M | ||||
| Cash And Equivalents | 283.58 M | ||||
| Cash Per Share | 4.07 X | ||||
| Total Debt | 449.08 M | ||||
| Debt To Equity | 0.96 % | ||||
| Current Ratio | 3.18 X | ||||
| Book Value Per Share | 10.66 X | ||||
| Cash Flow From Operations | 141.06 M | ||||
| Short Ratio | 13.53 X | ||||
| Earnings Per Share | 2.20 X | ||||
| Price To Earnings To Growth | 0.24 X | ||||
| Target Price | 15.0 | ||||
| Number Of Employees | 112 | ||||
| Beta | 0.57 | ||||
| Market Capitalization | 925.02 M | ||||
| Total Asset | 1.24 B | ||||
| Retained Earnings | (25.19 M) | ||||
| Working Capital | 306.08 M | ||||
| Current Asset | 214.32 M | ||||
| Current Liabilities | 13.49 M | ||||
| Net Asset | 1.24 B |
About Innoviva Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innoviva's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innoviva using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innoviva based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Innoviva in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Innoviva's short interest history, or implied volatility extrapolated from Innoviva options trading.
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Complementary Tools for Innoviva Stock analysis
When running Innoviva's price analysis, check to measure Innoviva's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innoviva is operating at the current time. Most of Innoviva's value examination focuses on studying past and present price action to predict the probability of Innoviva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innoviva's price. Additionally, you may evaluate how the addition of Innoviva to your portfolios can decrease your overall portfolio volatility.
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Is Innoviva's industry 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 (0.65) | Earnings Share 2.2 | Revenue Per Share 4.745 | Quarterly Revenue Growth 0.305 | Return On Assets 0.0712 |
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.