As part of our ongoing series here at The Acquirer’s Multiple, we provide this feature article titled ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners.
One of the cheapest stocks in our Stock Screeners is Innoviva Inc (NASDAQ: INVA).
Innoviva Inc develops biopharmaceutical drugs in the antibiotic, respiratory, and digestive realms. Theravance’s respiratory compounds are in late-stage trials for asthma and chronic obstructive pulmonary disease. Its product offering includes RELVAR/BREO/ELLIPTA, ANORO, ELLIPTA, TRELEGY, ELLIPTA, and others. The firm collaborates with and receives funding from GlaxoSmithKline.
A quick look at the share price history for Innoviva Inc (below) over the past twelve months shows that the price is down 14%. Here’s why the company is undervalued.
Summary
Market Cap: $1.26 Billion
Enterprise Value: $1.21 Billion
Operating Earnings
Operating Earnings: $310 Million
Acquirer’s Multiple
Acquirer’s Multiple: 3.92
Free Cash Flow (TTM)
Free Cash Flow: $295 Million
FCF/EV Yield
FCF/EV Yield: 24%
Other Indicators
Piotroski F-Score: 5
Altman Z-Score: 3.12
Beneish M-Score: -3.41
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