Head-To-Head Survey: Swire Pacific (OTCMKTS:SWRAY) versus INNOVATE (NYSE:VATE)

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

Earnings & Valuation

This table compares Swire Pacific and INNOVATE”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Swire Pacific	$11.60 billion	3.65	$376.95 million	N/A	N/A
INNOVATE	$1.25 billion	0.13	-$60.60 million	($4.85)	-2.42

Swire Pacific has higher revenue and earnings than INNOVATE.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Swire Pacific and INNOVATE, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Swire Pacific	0	1	0	0	2.00
INNOVATE	1	0	0	0	1.00

Volatility & Risk

Swire Pacific has a beta of 0.09, meaning that its share price is 91% less volatile than the S&P 500. Comparatively, INNOVATE has a beta of 2.27, meaning that its share price is 127% more volatile than the S&P 500.

Institutional and Insider Ownership

34.3% of INNOVATE shares are owned by institutional investors. 57.4% of INNOVATE shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Swire Pacific and INNOVATE’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Swire Pacific	N/A	N/A	N/A
INNOVATE	-4.86%	N/A	-6.69%

Summary

Swire Pacific beats INNOVATE on 6 of the 9 factors compared between the two stocks.

About Swire Pacific

Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, and other luxury residential accommodations; and trading portfolio consists of residential properties. It also owns and manages hotels in Hong Kong and hotels in Mainland China, as well as owns interests in the Mandarin Oriental hotel in the United States. The company's Aviation division provides flight catering and ramp, passenger and cargo services, and aircraft maintenance and modification services. As of December 31, 2022, it had a fleet of 222 aircraft. Its Beverages division owns rights to manufacture, market, and distribute beverages to consumers. The company's Trading & Industrial division markets, retails, and distributes footwear, apparel, and accessories through its retail outlets; sells passenger cars, commercial vehicles, motorcycles, and scooters; operates a chain of bakery stores; packages and sells sugar products under the Taikoo Sugar brand; and offers waste management, business consultancy, and financial services. The company was founded in 1816 and is based in Central, Hong Kong. Swire Pacific Limited operates as a subsidiary of John Swire & Sons (H.K.) Limited

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.