INVE Technologies, Inc. (INVE) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+84.8%

$4.93

vs $2.67 price

Levered DCF

$4.63

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

2.34

Grey zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-5.05×	1.17×	-28.41×	-102.7×	1,273.3×	-25×	-83.19×	-12×
P/B	0.65×	0.56×	2.56×	2.18×	8.06×	4.47×	2.7×	1.67×
P/S	4.25×	3.24×	4.38×	1.45×	5.79×	1.76×	1.14×	0.72×
EV / EBITDA	2.3×	1.93×	-16.81×	71.54×	139.97×	-642.18×	28.69×	346.63×
Gross margin	6.1%	1.3%	13.8%	36.3%	35.7%	38.7%	43.8%	42.7%
Operating margin	-96.0%	-105.0%	-31.1%	-0.3%	-1.3%	-4.0%	-0.1%	-2.4%
Net margin	-83.8%	281.0%	-12.6%	-0.3%	1.6%	-5.9%	-1.4%	-6.0%
Current ratio	15.19×	19.2×	2.58×	3.21×	3.49×	1.29×	1.34×	1.43×
Debt / equity	0.01×	0.01×	0.16×	0.06×	0.03×	0.69×	0.54×	0.06×
Interest coverage	0×	0×	-31.63×	-2.33×	-2.79×	-2.36×	-0.12×	-1.23×
Dividend yield	0.0%	0.0%	0.7%	0.0%	0.0%	0.7%	1.1%	1.5%
Payout ratio	0.0%	0.0%	-23.1%	0.0%	0.0%	-21.4%	-90.5%	-17.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-12.8%	48.6%	-7.4%	-0.5%	2.2%	-14.9%	-3.2%	-14.0%
Return on invested capital	-14.3%	-17.9%	-14.5%	-0.4%	-1.7%	-5.9%	-0.2%	-3.6%
Return on assets	-11.9%	45.8%	-4.9%	-0.4%	1.7%	-6.5%	-1.5%	-7.1%
Free cash flow yield	-8.6%	-19.6%	-1.6%	-7.1%	-0.1%	-2.2%	0.1%	-11.6%
Earnings yield	-19.7%	86.7%	-2.9%	-0.2%	0.3%	-3.3%	-1.2%	-8.4%
Enterprise value	-$36.4M	-$47.3M	$179M	$152M	$574.2M	$165M	$105.4M	$47.5M
Net debt / EBITDA	8.07×	5.44×	1.04×	-5.69×	-6.42×	-47.57×	2.62×	-64.72×
Cash conversion cycle (days)	138	123	131	150	122	143	137	135