INNOVATE (NYSE:VATE) and Ck Hutchison (OTCMKTS:CKHUY) Financial Contrast

INNOVATE (NYSE:VATE) and Ck Hutchison (OTCMKTS:CKHUY) are both multi-sector conglomerates companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, dividends, risk and earnings.

Insider and Institutional Ownership

34.3% of INNOVATE shares are held by institutional investors. 55.5% of INNOVATE shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares INNOVATE and Ck Hutchison’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
INNOVATE	-7.63%	N/A	-8.56%
Ck Hutchison	N/A	N/A	N/A

Volatility and Risk

INNOVATE has a beta of 1.89, indicating that its share price is 89% more volatile than the S&P 500. Comparatively, Ck Hutchison has a beta of 0.44, indicating that its share price is 56% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and price targets for INNOVATE and Ck Hutchison, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
INNOVATE	1	0	0	0	1.00
Ck Hutchison	0	0	0	1	4.00

Valuation and Earnings

This table compares INNOVATE and Ck Hutchison”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
INNOVATE	$1.11 billion	0.06	-$34.60 million	($6.03)	-0.79
Ck Hutchison	$36.07 billion	0.70	$2.19 billion	N/A	N/A

Ck Hutchison has higher revenue and earnings than INNOVATE.

Summary

Ck Hutchison beats INNOVATE on 7 of the 10 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 Ck Hutchison

CK Hutchison Holdings Limited, an investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong and internationally. The company operates through four segments: Ports and Related Services, Retail, Infrastructure, and Telecommunications. It invests in, develops, and operates ports, which operate 293 berths in 53 ports spanning 24 countries; and provides logistics and transportation-related services, such as cruise ship terminals, distribution centers, rail services, and ship repair facilities. The company also operates retail brands with stores that offer personal care, health and beauty products, food and fine wines, consumer electronics, and electrical appliances, as well as operates supermarkets under Watsons, PARKnSHOP, and FORTRESS brands; and manufactures and distributes bottled water and other beverages under the Watsons Water and Mr. Juicy brands. In addition, it invests in energy infrastructure, transportation infrastructure, water infrastructure, waste management, waste-to-energy, household infrastructure, and other infrastructure related businesses. Further, the company provides mobile telecommunications and data services, as well as operates as an integrated energy company. Additionally, it researches, develops, manufactures, commercializes, markets, and sells nutraceuticals, pharmaceuticals, and agriculture-related products; provides marine construction and ship repair yard, general engineering, and tug operations, water supply and sewerage, electricity generation and distribution, gas distribution, and aircraft maintenance services; and leases rolling stocks. The company was founded in 1828 and is based in Central, Hong Kong.