Innoveren Scientific Inc.

OTCPK:IVRN Stock Report

Market Cap: US$81.0

Innoveren Scientific Valuation

Is IVRN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IVRN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate IVRN's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate IVRN's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for IVRN?

Key metric: As IVRN is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for IVRN. This is calculated by dividing IVRN's market cap by their current book value.
What is IVRN's PB Ratio?
PB Ratio-0.000007x
Book-US$11.33m
Market CapUS$81.00

Price to Book Ratio vs Peers

How does IVRN's PB Ratio compare to its peers?

The above table shows the PB ratio for IVRN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.07x
VAXX Vaxxinity
0.0009xn/aUS$12.7k
HSTO.Q Histogen
0.02xn/aUS$85.4k
IPIX Innovation Pharmaceuticals
0.2xn/aUS$211.5k
ALNA.Q Allena Pharmaceuticals
0.03xn/aUS$109.9k
IVRN Innoveren Scientific
n/an/aUS$81.0

Price-To-Book vs Peers: IVRN has negative equity and a Price-To-Book Ratio (-0x) compared to the peer average (0.1x).


Price to Book Ratio vs Industry

How does IVRN's PB Ratio compare vs other companies in the US Biotechs Industry?

59 CompaniesPrice / BookEstimated GrowthMarket Cap
GRAL GRAIL
0.2x35.7%US$588.69m
AMRN Amarin
0.4x-7.7%US$205.50m
IMAB I-Mab
0.4x1.8%US$77.18m
MGX Metagenomi
0.3x-23.2%US$75.22m
IVRN is unprofitableIndustry Avg. 1.9xNo. of Companies72PB01.63.24.86.48+
59 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: IVRN has negative equity and a Price-To-Book Ratio (-0x) compared to the US Biotechs industry average (1.9x).


Price to Book Ratio vs Fair Ratio

What is IVRN's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IVRN PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-0.000007x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate IVRN's Price-To-Book Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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