Analyzing Innovative Designs (IVDN) and Its Peers

Insider and Institutional Ownership

65.8% of shares of all “TEXTILE – APPAREL” companies are held by institutional investors. 24.4% of Innovative Designs shares are held by company insiders. Comparatively, 18.0% of shares of all “TEXTILE – APPAREL” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Risk and Volatility

Innovative Designs has a beta of -3.07, suggesting that its share price is 407% less volatile than the S&P 500. Comparatively, Innovative Designs’ competitors have a beta of 0.89, suggesting that their average share price is 11% less volatile than the S&P 500.

Profitability

This table compares Innovative Designs and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Innovative Designs	16.04%	24.97%	21.29%
Innovative Designs Competitors	3.32%	-34.41%	5.65%

Earnings & Valuation

This table compares Innovative Designs and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Innovative Designs	$1.38 million	$100,000.00	16.50
Innovative Designs Competitors	$6.37 billion	$620.37 million	8.92

Innovative Designs’ competitors have higher revenue and earnings than Innovative Designs. Innovative Designs is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Innovative Designs beats its competitors on 5 of the 9 factors compared.

About Innovative Designs

Innovative Designs, Inc. engages in manufacture and marketing of cold weather recreational and industrial clothing products in the United States and Canada. The company operates in two segments, Apparel and House Wrap. It offers arctic armor line products, including jackets, bibs, and gloves for ice fisherman, snowmobilers, utility workers, oil/gas pipeline workers, railroad workers, construction workers, ski resort workers, and police and first responders; and house wrap that provides barrier protection and moisture vapor transmission and insulation for the building construction industry. In addition, it offers INSULTEX material in bulk to non-competing customers; products that restore the waterproof character of the outer side of its arctic armor clothing; and cold weather headgears and base insulation clothing products. The company primarily sells its products through independent sales agents, agencies, retailers, and distributors, as well as through website. The company was incorporated in 2002 and is based in Pittsburgh, Pennsylvania.