-->

Innovex International, Stock Return On Equity

INVX Stock   16.42  0.68  3.98%   
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Innovex International,'s long-term financial health and intrinsic value.
Last ReportedProjected for Next Year
Return On Equity 0.15  0.11 
Return On Equity is likely to drop to 0.11 in 2025.
  
Build AI portfolio with Innovex Stock
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Innovex International, Company Return On Equity Analysis

Innovex International,'s Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Innovex International, Return On Equity

    
  0.21  
Most of Innovex International,'s fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innovex International, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Innovex Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Innovex International, is extremely important. It helps to project a fair market value of Innovex Stock properly, considering its historical fundamentals such as Return On Equity. Since Innovex International,'s main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Innovex International,'s historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Innovex International,'s interrelated accounts and indicators.
0.94-0.26-0.740.830.150.820.140.980.560.710.26-0.04-0.440.0-0.150.06-0.02-0.03-0.05
0.94-0.25-0.850.790.10.830.010.930.370.650.23-0.1-0.44-0.1-0.32-0.08-0.140.16-0.02
-0.26-0.250.25-0.410.13-0.270.2-0.32-0.640.160.040.27-0.10.290.230.280.28-0.24-0.29
-0.74-0.850.25-0.880.22-0.570.34-0.79-0.21-0.280.080.520.320.520.70.490.55-0.58-0.43
0.830.79-0.41-0.88-0.210.59-0.280.880.510.28-0.08-0.53-0.3-0.47-0.55-0.4-0.490.40.47
0.150.10.130.22-0.210.40.750.03-0.050.530.370.54-0.090.690.550.660.68-0.46-0.56
0.820.83-0.27-0.570.590.40.370.820.360.660.220.01-0.320.07-0.120.080.040.03-0.12
0.140.010.20.34-0.280.750.370.040.190.510.50.490.130.650.620.60.65-0.46-0.48
0.980.93-0.32-0.790.880.030.820.040.550.570.15-0.18-0.38-0.19-0.3-0.13-0.210.110.09
0.560.37-0.64-0.210.51-0.050.360.190.550.250.36-0.11-0.070.00.040.050.0-0.090.13
0.710.650.16-0.280.280.530.660.510.570.250.540.46-0.580.620.340.660.58-0.48-0.57
0.260.230.040.08-0.080.370.220.50.150.360.540.4-0.260.540.360.540.52-0.36-0.45
-0.04-0.10.270.52-0.530.540.010.49-0.18-0.110.460.4-0.070.880.870.850.89-0.9-0.98
-0.44-0.44-0.10.32-0.3-0.09-0.320.13-0.38-0.07-0.58-0.26-0.07-0.160.19-0.29-0.10.210.24
0.0-0.10.290.52-0.470.690.070.65-0.190.00.620.540.88-0.160.90.991.0-0.86-0.88
-0.15-0.320.230.7-0.550.55-0.120.62-0.30.040.340.360.870.190.90.870.93-0.89-0.79
0.06-0.080.280.49-0.40.660.080.6-0.130.050.660.540.85-0.290.990.870.98-0.89-0.86
-0.02-0.140.280.55-0.490.680.040.65-0.210.00.580.520.89-0.11.00.930.98-0.87-0.88
-0.030.16-0.24-0.580.4-0.460.03-0.460.11-0.09-0.48-0.36-0.90.21-0.86-0.89-0.89-0.870.88
-0.05-0.02-0.29-0.430.47-0.56-0.12-0.480.090.13-0.57-0.45-0.980.24-0.88-0.79-0.86-0.880.88
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Innovex Total Stockholder Equity

Total Stockholder Equity

895.71 Million

At this time, Innovex International,'s Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Innovex International, has a Return On Equity of 0.2121. This is 110.71% lower than that of the Energy Equipment & Services sector and 101.22% lower than that of the Energy industry. The return on equity for all United States stocks is 168.42% lower than that of the firm.

Innovex Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovex International,'s direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Innovex International, could also be used in its relative valuation, which is a method of valuing Innovex International, by comparing valuation metrics of similar companies.
Innovex International, is currently under evaluation in return on equity category among its peers.

Innovex Fundamentals

About Innovex International, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Innovex International,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovex International, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovex International, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Innovex Stock Analysis

When running Innovex International,'s price analysis, check to measure Innovex International,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovex International, is operating at the current time. Most of Innovex International,'s value examination focuses on studying past and present price action to predict the probability of Innovex International,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovex International,'s price. Additionally, you may evaluate how the addition of Innovex International, to your portfolios can decrease your overall portfolio volatility.