InnovAge Holding Corp INNV

Morningstar Rating
$5.50 +0.16 (3.00%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

INNV is trading at a 177% premium.
Price
$5.45
Fair Value
$5.78
Uncertainty
Very High
1-Star Price
$11.40
5-Star Price
$8.53
Economic Moat
Dwsjp
Capital Allocation

News

Trading Information

Previous Close Price
$5.34
Day Range
$5.295.53
52-Week Range
$3.526.71
Bid/Ask
$5.47 / $5.51
Market Cap
$745.91 Mil
Volume/Avg
28,491 / 51,281

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.98
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
0.02%

Company Profile

InnovAge Holding Corp is a healthcare delivery platform by several participants focused on providing all-inclusive, capitated care to high-cost, dual-eligible seniors. Its patient-centered care delivery approach improves the quality of care while keeping them in their homes and reducing over-utilization of high-cost care settings such as hospitals and nursing homes. The company's segment includes PACE and others. It generates maximum revenue from the PACE segment.
Sector
Healthcare
Industry
Medical Care Facilities
Stock Style Box
Small Core
Total Number of Employees
2,350

Comparables

Valuation

Metric
INNV
ASTH
OMCL
Price/Earnings (Normalized)
37.8428.45
Price/Book Value
2.784.191.62
Price/Sales
0.981.781.79
Price/Cash Flow
49.0224.9815.47
Price/Earnings
INNV
ASTH
OMCL

Financial Strength

Metric
INNV
ASTH
OMCL
Quick Ratio
1.111.781.99
Current Ratio
1.251.842.45
Interest Coverage
−4.424.13
Quick Ratio
INNV
ASTH
OMCL

Profitability

Metric
INNV
ASTH
OMCL
Return on Assets (Normalized)
−3.25%7.66%3.03%
Return on Equity (Normalized)
−6.27%13.59%5.73%
Return on Invested Capital (Normalized)
−3.52%10.79%2.80%
Return on Assets
INNV
ASTH
OMCL

Medical Care Facilities Industry Comparables

1-Day Chart
Name
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Morningstar Rating for Stocks
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Economic Moat
Market Cap
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Universal Health Services Inc Class B
UHS
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Bangkok Dusit Medical Services PCL ADR
BDUUY
Bnch$14.1 Bil
DaVita Inc
DVA
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Fresenius Medical Care AG
FMCQF
Sgbkmn$12.2 Bil
Fresenius Medical Care AG ADR
FMS
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Encompass Health Corp
EHC
Bpsxhm$9.5 Bil

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