Profitability
This table compares Innovative Designs and its peers’ 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 and Valuation
This table compares Innovative Designs and its peers revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Innovative Designs | $1.38 million | $100,000.00 | 12.39 |
Innovative Designs Competitors | $6.37 billion | $620.41 million | 7.34 |
Innovative Designs’ peers have higher revenue and earnings than Innovative Designs. Innovative Designs is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Insider and Institutional Ownership
Volatility and Risk
Innovative Designs has a beta of -3.12, meaning that its share price is 412% less volatile than the S&P 500. Comparatively, Innovative Designs’ peers have a beta of 0.87, meaning that their average share price is 13% less volatile than the S&P 500.
Summary
Innovative Designs beats its peers 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.
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