Compare INNOVATE Corp. with Similar Stocks
Dashboard
1
With a Negative Book Value, the company has a Weak Long Term Fundamental Strength
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 11.77 times
- The company has reported losses and also has negative networth. This is not a good sign for the investors. Either company will have to raise fresh capital or report profits to sustain going forward
2
The company has declared Negative results for the last 3 consecutive quarters
3
Risky - Negative Book Value
4
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
120.9%
0%
120.9%
6 Months
106.51%
0%
106.51%
1 Year
81.02%
0%
81.02%
2 Years
65.91%
0%
65.91%
3 Years
-56.56%
0%
-56.56%
4 Years
-59.4%
0%
-59.4%
5 Years
-68.33%
0%
-68.33%
INNOVATE Corp. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
-6.33%
EBIT Growth (5y)
19.07%
EBIT to Interest (avg)
0.30
Debt to EBITDA (avg)
11.77
Net Debt to Equity (avg)
-3.42
Sales to Capital Employed (avg)
2.35
Tax Ratio
28.61%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
28.29%
ROCE (avg)
4.00%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
-0.28
EV to EBIT
29.97
EV to EBITDA
13.01
EV to Capital Employed
1.68
EV to Sales
0.65
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.61%
ROE (Latest)
Negative BV
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Shareholding Snapshot : Dec 2025
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 15 Schemes (5.3%)
Foreign Institutions
Held by 19 Foreign Institutions (0.78%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ
Dec'25
Sep'25
Change(%)
Net Sales
382.70
347.10
10.26%
Operating Profit (PBDIT) excl Other Income
22.80
14.60
56.16%
Interest
24.00
23.40
2.56%
Exceptional Items
-1.30
-1.00
-30.00%
Consolidate Net Profit
-7.60
-9.60
20.83%
Operating Profit Margin (Excl OI)
39.70%
20.50%
1.92%
USD in Million.
Net Sales
QoQ Growth in quarter ended Dec 2025 is 10.26% vs 43.43% in Sep 2025
Consolidated Net Profit
QoQ Growth in quarter ended Dec 2025 is 20.83% vs 54.29% in Sep 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
1,246.00
1,107.10
12.55%
Operating Profit (PBDIT) excl Other Income
64.60
70.20
-7.98%
Interest
89.00
74.50
19.46%
Exceptional Items
-4.60
-6.60
30.30%
Consolidate Net Profit
-64.00
-39.70
-61.21%
Operating Profit Margin (Excl OI)
27.40%
33.70%
-0.63%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 12.55% vs -22.20% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is -61.21% vs -2.06% in Dec 2024
About INNOVATE Corp. 
INNOVATE Corp.
Construction
HC2 Holdings, Inc. is a diversified holding company. The Company operates through eight segments: Construction, Marine Services, Energy, Telecommunications, Insurance, Life Sciences, Broadcasting and Other. Its subsidiaries include DBM Global Inc., which provides an integrated structural and steel construction services; Global Marine Group, a provider of engineering and underwater services on submarine cables; American Natural Energy Corp., a compressed natural gas fueling company; PTGi-International Carrier Services Inc., a provider of Internet-based protocol and time-division multiplexing access for the transport of long-distance voice minutes; Continental Insurance Group Ltd., a platform for its run-off long-term care and life and annuity business; Pansend Life Sciences, LLC, focused on supporting healthcare and biotechnology product development, and HC2 Broadcasting Holdings Inc., which is a strategic acquirer and operator of Over-The-Air broadcasting stations.
Company Coordinates 
Company Details
450 PARK AVENUE, 29TH FLOOR , NEW YORK NY : 10022
Registrar Details






