Reviewing Citic (OTCMKTS:CTPCY) & INNOVATE (NYSE:VATE)

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

Analyst Recommendations

This is a summary of recent ratings and price targets for INNOVATE and Citic, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
INNOVATE	1	0	0	0	1.00
Citic	0	0	0	0	0.00

Earnings & Valuation

This table compares INNOVATE and Citic”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
INNOVATE	$995.00 million	0.07	-$34.60 million	($6.03)	-0.90
Citic	$104.73 billion	0.45	$8.10 billion	N/A	N/A

Citic has higher revenue and earnings than INNOVATE.

Insider & 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, endowments and large money managers believe a company is poised for long-term growth.

Risk and Volatility

INNOVATE has a beta of 1.88, suggesting that its share price is 88% more volatile than the S&P 500. Comparatively, Citic has a beta of 0.62, suggesting that its share price is 38% less volatile than the S&P 500.

Profitability

This table compares INNOVATE and Citic’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%
Citic	N/A	N/A	N/A

Summary

Citic beats INNOVATE on 5 of the 9 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 Citic

CITIC Limited operates in financial services, advanced intelligent manufacturing, advanced materials, consumption, urbanization, resources and energy, and engineering contracting businesses worldwide. The Comprehensive Financial Services segment provides banking, investment research, securities brokerage, trust, insurance and reinsurance, investment banking, wealth and asset management, financial markets, equity investment, financing, and other integrated financial services. The Advanced Intelligent Manufacturing segment offers automotive aluminium wheels and lightweight cast components, and chassis and body systems; mining and heavy machinery, specialized robots and intelligent equipment, new energy and cement equipment, and special materials; operates industrial Internet platform; and provides engineering, procurement, and construction services. The Advanced Materials segment offers specialty steel products; chloride; explores, develops, and produces oil and magnetite; invests in coal and bauxite mining, imports and exports commodities, electrolytic aluminum, and alumina smelting; and invests in and manages power plants. The New Consumption segment provides telecommunications technology services; leases and sells satellite transponders; distributes motor and consumer products; and publishes books and digital books, as well as operates in bookstore retailing business. This segment also deals and distributes with supporting services for automotive brands; and develops agricultural science and technology, as well as engages in the brand development, manufacturing, commodity trading, agency distribution, logistics, and retail in the food and fast-moving consumer goods, healthcare, and electrical products industries. The company was formerly known as CITIC Pacific Limited and changed its name to CITIC Limited in August 2014. CITIC Limited was incorporated in 1985 and is based in Central, Hong Kong. CITIC Limited operates as a subsidiary of CITIC Group Corporation.