Critical Review: Inno (INHD) & Its Competitors

Inno (NASDAQ:INHD) is one of 40 publicly-traded companies in the “BLDG&CONST – MISC” industry, but how does it weigh in compared to its peers? We will compare Inno to related companies based on the strength of its valuation, earnings, analyst recommendations, institutional ownership, risk, dividends and profitability.

Insider & Institutional Ownership

0.2% of Inno shares are owned by institutional investors. Comparatively, 91.0% of shares of all “BLDG&CONST – MISC” companies are owned by institutional investors. 3.8% of shares of all “BLDG&CONST – MISC” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of recent recommendations for Inno and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Inno	1	0	0	0	1.00
Inno Competitors	304	1707	2447	138	2.53

As a group, “BLDG&CONST – MISC” companies have a potential upside of 12.31%. Given Inno’s peers stronger consensus rating and higher probable upside, analysts plainly believe Inno has less favorable growth aspects than its peers.

Profitability

This table compares Inno and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Inno	-244.24%	-84.48%	-74.24%
Inno Competitors	-5.69%	63.04%	4.47%

Earnings and Valuation

This table compares Inno and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Inno	$890,000.00	-$3.21 million	-0.87
Inno Competitors	$6.81 billion	$555.91 million	36.35

Inno’s peers have higher revenue and earnings than Inno. Inno is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

Inno has a beta of -2.41, suggesting that its stock price is 341% less volatile than the S&P 500. Comparatively, Inno’s peers have a beta of 0.99, suggesting that their average stock price is 1% less volatile than the S&P 500.

Summary

Inno peers beat Inno on 13 of the 13 factors compared.

About Inno

Inno Holdings Inc. manufactures and sells cold-formed-steel members, castor cubes, mobile factories, and prefabricated homes in the United States. The company provides cold-formed steel framing and a mobile factory for off-site equipment rental, sales, service, and support. It serves in residential, commercial, industrial, and infrastructure projects. Inno Holdings Inc. was founded in 2019 and is headquartered in Brookshire, Texas.