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VATE

VATE - Elev8 Brands, Inc Stock Price, Fair Value and News

0.56USD-0.01 (-1.75%)Market Closed

Market Summary

VATE
USD0.56-0.01
Market Closed
-1.75%

VATE Stock Price

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VATE RSI Chart

VATE Valuation

Market Cap

44.4M

Price/Earnings (Trailing)

-1.26

Price/Sales (Trailing)

0.03

EV/EBITDA

11.91

Price/Free Cashflow

5.48

VATE Price/Sales (Trailing)

VATE Profitability

Operating Margin

15.18%

EBT Margin

-2.42%

Return on Equity

23.2%

Return on Assets

-3.37%

Free Cashflow Yield

18.25%

VATE Fundamentals

VATE Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

-11.8%

Rev. Growth (Qtr)

-3.81%

VATE Earnings

Earnings (TTM)

-35.2M

Earnings Growth (Yr)

-63.16%

Earnings Growth (Qtr)

-32.86%

Breaking Down VATE Revenue

Last 7 days

-5%

Last 30 days

-12.3%

Last 90 days

-43.6%

Trailing 12 Months

-79.9%

How does VATE drawdown profile look like?

VATE Financial Health

Current Ratio

1.25

Debt/Equity

-4.48

Debt/Cashflow

0.04

VATE Investor Care

Shares Dilution (1Y)

0.57%

Diluted EPS (TTM)

-0.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.5B1.5B1.5B1.4B
20221.4B1.6B1.6B1.6B
2021702.1M764.1M988.4M1.2B
2020987.0M897.0M806.9M716.9M
20191.8B1.8B1.7B1.1B
20181.7B1.8B1.9B1.8B
20171.6B1.6B1.6B1.6B
20161.3B1.3B1.5B1.6B
2015705.9M890.3M984.5M1.1B
2014215.3M253.2M375.4M547.4M
2013265.2M251.0M241.1M230.7M
2012315.8M313.5M310.2M303.0M
2011284.4M286.7M289.0M291.4M
2010000282.0M
GRUFITY'S FAIR VALUE MODEL

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of Elev8 Brands, Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 24, 2024
voigt paul
acquired
258,391
0.7
369,130
interim ceo
Apr 24, 2024
sena michael j.
acquired
79,999
0.7
114,285
chief financial officer
Apr 24, 2024
gfeller warren h
acquired
44,399
0.7
63,428
-
Mar 15, 2024
sena michael j.
sold
-26,697
0.6217
-42,942
cfo and corporate secretary
Mar 14, 2024
sena michael j.
acquired
-
-
716,030
cfo and corporate secretary
Mar 14, 2024
sena michael j.
sold
-16,008
0.6856
-23,350
cfo and corporate secretary
Jun 15, 2023
wilkinson amy marie
acquired
-
-
46,392
-
Jun 15, 2023
goldstein brian steven
acquired
-
-
46,392
-
Jun 15, 2023
gfeller warren h
acquired
-
-
46,392
-
Jun 15, 2023
glazer avram a
acquired
-
-
46,392
-

1–10 of 43

Which funds bought or sold VATE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
AMALGAMATED BANK
reduced
-65.21
-4,000
1,000
-%
Apr 22, 2024
PFG Investments, LLC
new
-
63,063
63,063
-%
Apr 18, 2024
Capital Advisors, Ltd. LLC
sold off
-100
-
-
-%
Apr 16, 2024
Shulman DeMeo Asset Management LLC
unchanged
-
-14,355
19,004
-%
Apr 16, 2024
Stratos Wealth Advisors, LLC
unchanged
-
-82,041
108,609
0.01%
Apr 05, 2024
CWM, LLC
unchanged
-
-5,000
6,000
-%
Mar 11, 2024
VANGUARD GROUP INC
added
1.1
-893,233
2,950,410
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
99.22
2,293,460
6,767,680
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.4
-10,699
33,188
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
34.21
-
18,000
-%

1–10 of 48

Are Funds Buying or Selling VATE?

Are funds buying VATE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own VATE
No. of Funds

Unveiling Elev8 Brands, Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 01, 2024
avram glazer irrevocable exempt trust
24.9%
19,852,790
SC 13D/A
Jan 04, 2023
percy rockdale llc
6.4%
5,048,755
SC 13D/A
Jun 14, 2022
percy rockdale llc
6.4%
5,048,755
SC 13D/A
May 27, 2022
avram glazer irrevocable exempt trust
25.3%
19,852,790
SC 13D/A
May 20, 2022
avram glazer irrevocable exempt trust
25.3%
19,852,790
SC 13D/A
Feb 14, 2022
jefferies financial group inc.
7.0%
5,450,314
SC 13G/A

Recent SEC filings of Elev8 Brands, Inc

View All Filings
Date Filed Form Type Document
Apr 25, 2024
4
Insider Trading
Apr 25, 2024
4
Insider Trading
Apr 25, 2024
4
Insider Trading
Apr 25, 2024
4
Insider Trading
Apr 24, 2024
8-K
Current Report
Apr 22, 2024
8-K
Current Report
Apr 19, 2024
PRE 14A
PRE 14A
Apr 09, 2024
424B5
Prospectus Filed
Apr 09, 2024
8-K
Current Report
Apr 01, 2024
4
Insider Trading

Peers (Alternatives to Elev8 Brands, Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
176.4B
69.5B
-7.12% 67.54%
50.25
2.54
16.04% -60.91%
172.6B
67.1B
-5.16% 56.34%
16.7
2.57
12.84% 54.12%
41.4B
34.1B
-0.10% 27.96%
49.23
1.21
21.34% -61.52%
41.1B
6.6B
-2.11% 32.97%
31.28
6.23
7.26% 13.25%
12.7B
14.9B
-3.35% 15.97%
205.98
0.85
12.31% -81.65%
MID-CAP
9.2B
6.9B
-1.80% 74.09%
60.14
1.33
5.64% 109.59%
6.9B
15.5B
-1.02% 41.92%
49.99
0.45
12.59% -4.48%
6.1B
4.3B
1.62% 44.30%
32.57
1.41
19.51% -1.03%
3.7B
2.3B
-9.43% 31.51%
23.42
1.62
2.90% -35.23%
2.4B
1.7B
-9.63% 13.67%
17.62
1.42
11.63% 33.59%
SMALL-CAP
1.1B
1.4B
1.84% -48.72%
17.51
0.8
-24.65% -34.19%
811.0M
573.3M
22.87% 55.73%
25.06
1.41
26.00% -2.24%
801.4M
35.8M
-25.93% -25.48%
-0.83
22.36
-27.93% -23.21%
364.5M
135.4M
-8.14% 196.99%
-22.23
2.69
-25.90% 65.37%
259.9M
99.2M
20.68% 320.43%
-21.22
2.62
-3.69% -37.37%

Elev8 Brands, Inc News

Latest updates
Yahoo Finance • 3 years ago

Elev8 Brands, Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-3.8%361,000,000375,300,000368,800,000317,900,000409,300,000423,000,000392,200,000412,800,000394,800,000394,800,000243,800,000171,800,000178,000,000170,500,000181,800,000186,600,000307,050,000427,500,000479,200,000449,000,000330,550,000
Cost Of Revenue-5.3%299,900,000316,600,000316,200,000274,300,000346,400,000364,600,000341,900,000363,000,000333,100,000339,700,000207,400,000141,300,000140,800,000138,800,000152,100,000156,800,000-380,400,000301,300,000350,600,000324,500,000406,000,000
Gross Profit4.1%61,100,00058,700,00052,600,00043,600,00062,900,00058,400,00050,300,00049,800,00061,700,00055,100,00036,400,00030,500,00037,200,00031,700,00029,700,00029,800,000-----
Costs and Expenses--------------229,200,000395,400,000372,100,000471,600,000-237,300,000420,000,000445,600,000423,400,000-
Operating Expenses------------------466,100,000487,700,000469,800,000537,050,000
  S&GA Expenses-5.5%41,400,00043,800,00041,100,00041,700,00049,800,00045,600,00042,100,00042,600,00047,400,00044,300,00039,500,00037,100,00036,300,00033,900,00036,400,00038,900,00033,500,00050,700,00046,200,00046,900,00038,150,000
EBITDA Margin7.4%0.040.040.030.030.020.030.020.020.000.00-0.020.06---------
Interest Expenses12.3%19,200,00017,100,00016,300,00015,600,00013,600,00013,300,00012,500,00012,600,00012,500,00012,800,00012,400,00021,400,00018,600,00017,900,00019,100,00019,200,00018,100,00020,100,00019,100,00018,800,00015,700,000
Income Taxes18.2%1,300,0001,100,0001,200,000900,000-700,000-2,000,0002,000,0001,600,0001,800,000100,0002,600,0001,100,0003,300,0001,400,00012,000,000-9,700,000-25,800,0001,100,0001,100,0004,000,000300,000
Earnings Before Taxes-24.0%-9,300,000-7,500,000-10,500,000-7,100,000-8,000,000-8,700,000-11,900,000-12,500,000-3,700,000-14,100,000-21,100,000-41,800,000-11,700,000-28,400,00033,000,000-39,600,000-56,300,000-7,800,00018,000,0004,300,0002,300,000
EBT Margin-7.5%-0.02-0.02-0.02-0.02-0.03-0.02-0.03-0.04-0.07-0.09-0.13-0.07---------
Net Income-32.9%-9,300,000-7,000,000-9,900,000-9,000,000-5,700,000-5,400,000-12,400,000-12,400,000-4,700,000-211,900,000-23,500,00012,600,000-4,700,000-17,300,00013,100,000-83,100,000-31,000,000-7,100,0009,400,000-2,800,000-16,100,000
Net Income Margin-Infinity%-0.02--0.02-0.02-0.02-0.02-0.15-0.17-0.19-0.23-0.040.01-0.13--------
Free Cashflow177.9%56,700,00020,400,00011,700,000-80,700,00058,300,000-37,000,00016,500,000-68,000,00032,500,000-21,200,000-2,700,000-5,700,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-4.8%1,0441,0961,0801,0441,1521,1651,1061,1121,0811,2226,9366,4066,7246,6886,6336,3396,9586,9466,8836,6826,504
  Current Assets-6.3%5185535314875365444824774435926,2885,9206,227--------
    Cash Equivalents45.1%81.0056.0029.0017.0080.0026.0025.0026.0046.0056.0018.0054.0044.0028.0024.0015.0023.00263271294301
  Inventory20.4%22.0019.0020.0021.0019.0021.0020.0020.0017.0017.00--10.00--------
  Net PPE--------------214220223224406416377184
  Goodwill0.2%127127127127127127127128127123121111111113113112110177178172151
Liabilities-3.5%1,1801,2231,1981,1501,1811,1941,1261,1151,0691,2066,4185,9756,1086,2536,2496,2606,4936,4236,4326,3336,282
  Current Liabilities-25.8%4145586193754174984624424405335,7345,4705,933--------
  Long Term Debt15.8%679587520664684628594601557603606463128646128128724---677
    LT Debt, Current-81.3%31.0016322233.0031.0081.0073.0080.0070.0071.0070.0083.00434-434434-----
Shareholder's Equity-Infinity%-151----90.60----56.20-51241460041336561.00444501431332194
  Retained Earnings-1.9%-487-478-471-461-452-446-441-428-416-411-199-176-188-184-166-179-96.70-62.00-54.90-64.30-57.20
  Additional Paid-In Capital0.1%328328327327330330331331331331355356356294289283281273271264261
Shares Outstanding0%79.0079.0079.0079.0079.0078.0077.0077.0078.0077.0077.0077.00---------
Minority Interest-39.2%14.0023.0023.0023.0031.0027.0027.0027.0028.0028.0023.0024.0040.0041.0046.0046.0094.0097.0010199.00106
Float---86.00---85.00---194---129---102--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations134.5%61,20026,10016,200-77,00062,700-29,50020,700-63,40041,600-14,2002,100-2,500-36,30029,60012,50035,30015,00058,900-1,30038,100204,700
  Share Based Compensation-75.0%2008007005007004005008007004008005004008003001,4004002,1002,1001,700-1,000
Cashflow From Investing61.8%-2,100-5,500-4,50051,200-4,200-6,800-4,100-7,400-8,300-183,700-99,10067,90091,700-68,50078,80060,100-62,100-46,900-96,200-58,400-750,000
Cashflow From Financing-617.9%-34,7006,700700-38,000-5,10038,400-16,40051,200-50,300-11,400101,900-35,90019,300-1,200-74,400-148,2009,000-15,60075,400-6,40039,500
  Dividend Payments100.0%400200-1,2001,3001,2003002,400900------------

VATE Income Statement

2023-12-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]  
Revenue$ 1,423.0$ 1,637.3
Cost of revenue1,207.01,415.9
Gross profit216.0221.4
Operating expenses:  
Selling, general and administrative168.0180.1
Depreciation and amortization20.227.2
Other operating loss1.30.7
Income from operations26.513.4
Other (expense) income:  
Interest expense(68.2)(52.0)
Loss from equity investees(9.4)(1.3)
Other income (expense), net16.7(1.2)
Loss from operations before income taxes(34.4)(41.1)
Income tax expense(4.5)(0.9)
Net loss(38.9)(42.0)
Net loss attributable to non-controlling interests and redeemable non-controlling interests3.76.1
Net loss attributable to INNOVATE Corp.(35.2)(35.9)
Less: Preferred dividends2.44.9
Net loss attributable to common stockholders, basic(37.6)(40.8)
Net loss attributable to common stockholders, diluted$ (37.6)$ (40.8)
Loss per share - basic and diluted  
Basic (in usd per share)$ (0.48)$ (0.53)
Diluted (in usd per share)$ (0.48)$ (0.53)
Weighted average common shares outstanding - basic and diluted  
Basic (in shares)78.177.5
Diluted (in shares)78.177.5

VATE Balance Sheet

2023-12-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 80.8$ 80.4
Accounts receivable, net278.4254.9
Contract assets118.6165.1
Inventory22.418.9
Assets held for sale3.10.0
Other current assets14.617.1
Total current assets517.9536.4
Investments1.859.5
Deferred tax asset2.01.7
Property, plant and equipment, net154.6165.0
Goodwill127.1127.1
Intangibles, net178.9190.1
Other assets61.371.9
Total assets1,043.61,151.7
Current liabilities  
Accounts payable142.9202.5
Accrued liabilities70.865.4
Current portion of debt obligations30.530.6
Contract liabilities153.598.6
Other current liabilities16.120.1
Total current liabilities413.8417.2
Deferred tax liability4.19.1
Debt obligations679.3683.8
Other liabilities82.771.2
Total liabilities1,179.91,181.3
Commitments and contingencies
Temporary equity  
Redeemable non-controlling interest(1.0)43.4
Total temporary equity15.461.0
Stockholders’ deficit  
Common stock, [$0.000] par value — 0.1 Shares authorized:[0] as of both December 31, 2023 and December 31, 2022 Shares issued: [0] and 80,216,028 as of December 31, 2023 and December 31, 2022, respectively Shares outstanding: [0] and 78,787,768 as of December 31, 2023 and December 31, 2022, respectively0.10.1
Additional paid-in capital328.2330.1
Treasury stock, at cost: 1,487,992 and 1,428,260 shares as of December 31, 2023 and 2022, respectively(5.4)(5.3)
Accumulated deficit(487.3)(452.1)
Accumulated other comprehensive (loss) income(1.1)5.9
Total INNOVATE Corp. stockholders’ deficit(165.5)(121.3)
Non-controlling interest13.830.7
Total stockholders’ deficit(151.7)(90.6)
Total liabilities, temporary equity and stockholders’ deficit1,043.61,151.7
Series A-3 and A-4 Preferred Stock  
Temporary equity  
Preferred stock Series A-3 and Series A-4, [$0.000] par value — 17.6 Shares authorized: [0] as of both December 31, 2023 and December 31, 2022 Shares issued and outstanding: [0] of Series A-3 and [0] of Series A-4 as of both December 31, 2023 and December 31, 2022$ 16.4$ 17.6
VATE
INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States; and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.
 WEBSITEinnovatecorp.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES3565

Elev8 Brands, Inc Frequently Asked Questions


What is the ticker symbol for Elev8 Brands, Inc? What does VATE stand for in stocks?

VATE is the stock ticker symbol of Elev8 Brands, Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Elev8 Brands, Inc (VATE)?

As of Thu Apr 25 2024, market cap of Elev8 Brands, Inc is 45.16 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VATE stock?

You can check VATE's fair value in chart for subscribers.

What is the fair value of VATE stock?

You can check VATE's fair value in chart for subscribers. The fair value of Elev8 Brands, Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Elev8 Brands, Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VATE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Elev8 Brands, Inc a good stock to buy?

The fair value guage provides a quick view whether VATE is over valued or under valued. Whether Elev8 Brands, Inc is cheap or expensive depends on the assumptions which impact Elev8 Brands, Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VATE.

What is Elev8 Brands, Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, VATE's PE ratio (Price to Earnings) is -1.28 and Price to Sales (PS) ratio is 0.03. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VATE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Elev8 Brands, Inc's stock?

In the past 10 years, Elev8 Brands, Inc has provided -0.135 (multiply by 100 for percentage) rate of return.