INNOVATE (NYSE:VATE) and Antelope Enterprise Holdings L (NASDAQ:AEHL) Critical Analysis

INNOVATE (NYSE:VATE) and Antelope Enterprise Holdings L (NASDAQ:AEHL) are both small-cap multi-sector conglomerates companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, risk, analyst recommendations, earnings, dividends, profitability and institutional ownership.

Insider & Institutional Ownership

34.3% of INNOVATE shares are owned by institutional investors. 55.5% of INNOVATE shares are owned by company insiders. Comparatively, 19.3% of Antelope Enterprise Holdings L shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Earnings and Valuation

This table compares INNOVATE and Antelope Enterprise Holdings L”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
INNOVATE	$1.11 billion	0.06	-$34.60 million	($5.56)	-0.88
Antelope Enterprise Holdings L	$98.77 million	0.03	-$10.54 million	N/A	N/A

Antelope Enterprise Holdings L has lower revenue, but higher earnings than INNOVATE.

Profitability

This table compares INNOVATE and Antelope Enterprise Holdings L’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
INNOVATE	-6.35%	N/A	-7.84%
Antelope Enterprise Holdings L	N/A	N/A	N/A

Analyst Recommendations

This is a breakdown of recent ratings for INNOVATE and Antelope Enterprise Holdings L, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
INNOVATE	1	0	0	0	1.00
Antelope Enterprise Holdings L	1	0	0	0	1.00

Risk and Volatility

INNOVATE has a beta of 1.57, meaning that its stock price is 57% more volatile than the S&P 500. Comparatively, Antelope Enterprise Holdings L has a beta of 0.7, meaning that its stock price is 30% less volatile than the S&P 500.

Summary

INNOVATE beats Antelope Enterprise Holdings L on 5 of the 8 factors compared between the two stocks.

About INNOVATE

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States; and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

About Antelope Enterprise Holdings L

Antelope Enterprise Holdings Limited, through its subsidiaries, provides livestream e-commerce services and business management and information systems consulting services in the People's Republic of China. The company operates an online social ecommerce and live broadcast streaming platform enhances product promotion, transaction speed, and marketing effectiveness of industries and applications to anchors and influencers. It also provides business management consulting; and information system technology consulting services, including the sales of software use rights for digital data deposit platforms and asset management systems, and online social media platform development and consulting. The company was formerly known as China Ceramics Co., Ltd. and changed its name to Antelope Enterprise Holdings Limited in October 2020. Antelope Enterprise Holdings Limited was founded in 1993 and is headquartered in Jinjiang, the People's Republic of China.