Market Cap
US$7.5b
Last Updated
2021/04/11 22:19 UTC
Data Sources
Company Financials +
Executive Summary
Invitae Corporation, a medical genetics company, integrates genetic information into healthcare decision-making by clinicians and patients in the United States, Canada, and internationally. More Details
Rewards
Risk Analysis
Shareholders have been substantially diluted in the past year
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Adequate balance sheet with limited growth.
Similar Companies
Share Price & News
How has Invitae's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NVTA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: NVTA's weekly volatility (12%) has been stable over the past year.
Market Performance
7 Day Return
-3.0%
NVTA
-2.2%
US Biotechs
2.1%
US Market
1 Year Return
185.9%
NVTA
31.5%
US Biotechs
56.3%
US Market
Return vs Industry: NVTA exceeded the US Biotechs industry which returned 31.5% over the past year.
Return vs Market: NVTA exceeded the US Market which returned 56.3% over the past year.
Shareholder returns
| NVTA | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.0% | -2.2% | 2.1% |
| 30 Day | -11.0% | -3.9% | 2.4% |
| 90 Day | -17.3% | -5.7% | 6.8% |
| 1 Year | 185.9%185.9% | 33.6%31.5% | 59.1%56.3% |
| 3 Year | 570.2%570.2% | 26.9%21.1% | 65.7%55.1% |
| 5 Year | 250.2%250.2% | 40.2%29.9% | 122.3%97.7% |
Long-Term Price Volatility Vs. Market
How volatile is Invitae's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Don't Ignore The Fact That This Insider Just Sold Some Shares In Invitae Corporation (NYSE:NVTA)2 months ago | Simply Wall St
Invitae Corporation (NYSE:NVTA) Analysts Just Slashed Next Year's Estimates3 months ago | Simply Wall St
Who Has Been Selling Invitae Corporation (NYSE:NVTA) Shares?Valuation
Is Invitae undervalued compared to its fair value and its price relative to the market?
3.57x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NVTA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NVTA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NVTA is unprofitable, so we can't compare its PE Ratio to the US Biotechs industry average.
PE vs Market: NVTA is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NVTA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NVTA is good value based on its PB Ratio (3.6x) compared to the US Biotechs industry average (3.9x).
Future Growth
How is Invitae forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
10.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NVTA is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NVTA is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NVTA is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NVTA's revenue (27.6% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: NVTA's revenue (27.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NVTA is forecast to be unprofitable in 3 years.
Past Performance
How has Invitae performed over the past 5 years?
-38.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NVTA is currently unprofitable.
Growing Profit Margin: NVTA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NVTA is unprofitable, and losses have increased over the past 5 years at a rate of 38.3% per year.
Accelerating Growth: Unable to compare NVTA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NVTA is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-7.3%).
Return on Equity
High ROE: NVTA has a negative Return on Equity (-30.47%), as it is currently unprofitable.
Financial Health
How is Invitae's financial position?
Financial Position Analysis
Short Term Liabilities: NVTA's short term assets ($453.9M) exceed its short term liabilities ($121.7M).
Long Term Liabilities: NVTA's short term assets ($453.9M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: NVTA's debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: NVTA's debt to equity ratio has increased from 5.1% to 19.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NVTA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NVTA has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 23.5% each year.
Dividend
What is Invitae current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NVTA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NVTA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NVTA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NVTA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NVTA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Sean George (46 yo)
4.25yrs
Tenure
US$5,486,298
Compensation
Dr. Sean Emerson George, Ph.D. is the Co-Founder of InVitae Corporation and has been its Chief Executive Officer since January 9, 2017, President since August 2012 and its Chairman since September 1, 2019 ...
CEO Compensation Analysis
Compensation vs Market: Sean's total compensation ($USD5.49M) is about average for companies of similar size in the US market ($USD6.40M).
Compensation vs Earnings: Sean's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: NVTA's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: NVTA's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NVTA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 56.9%.
Top Shareholders
Company Information
Invitae Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Invitae Corporation
- Ticker: NVTA
- Exchange: NYSE
- Founded: 2010
- Industry: Biotechnology
- Sector: Pharmaceuticals & Biotech
- Market Cap: US$7.473b
- Shares outstanding: 196.65m
- Website: https://www.invitae.com
Number of Employees
Location
- Invitae Corporation
- 1400 16th Street
- San Francisco
- California
- 94103
- United States
Listings
Biography
Invitae Corporation, a medical genetics company, integrates genetic information into healthcare decision-making by clinicians and patients in the United States, Canada, and internationally. The company off...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 22:19 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.