Overview Dividends

(INOD) Innodata - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4576422053

Data,Annotation,Analytics,Content,Platforms

INOD EPS (Earnings per Share)

EPS Growth (3Y CAGR): 199.91%
EPS Trend (3Y Correlation): 74.7%

INOD Revenue

Revenue Growth (3Y CAGR): 53.14%
Revenue Trend (3Y Correlation): 95.9%

Risk via 10d forecast
Volatility	89.7%
Value at Risk 5%th	122%

Reward
Sharpe Ratio	1.35
Alpha	150.89

Character
Hurst Exponent	0.555
Beta	2.364

Drawdowns 3y
Max DD	61.84%
Mean DD	23.37%

Description: INOD Innodata August 13, 2025

Innodata Inc, listed on NASDAQ under the ticker symbol INOD, operates within the Data Processing & Outsourced Services sub-industry. The companys stock is characterized by high volatility, as evidenced by its beta of 2.756, indicating that its price movements are significantly more pronounced than the overall market.

The stock has faced resistance levels at $48.5, $46.0, and $40.5, while support levels have been identified at $37.6 and $33.9. Recent trading activity has seen the stock price at $40.07, below its 20-day and 50-day simple moving averages (SMA20 and SMA50) of $46.99 and $47.08, respectively, but above its 200-day simple moving average (SMA200) of $41.21.

From a fundamental analysis perspective, Innodatas market capitalization stands at $1.416 billion, with a price-to-earnings (P/E) ratio of 34.48 and a forward P/E of 63.29. The companys return on equity (RoE) is notably high at 62.46%, suggesting strong profitability. Key drivers of the companys financial performance likely include its ability to secure and execute large-scale data processing and outsourcing contracts, as well as its capacity to adapt to emerging trends in data management and analytics.

To further evaluate Innodatas investment potential, key performance indicators (KPIs) such as revenue growth rate, contract backlog, and operating margin should be closely monitored. The companys ability to maintain high profitability, as indicated by its RoE, will be crucial. Additionally, the overall demand for data processing and outsourced services, driven by the increasing need for businesses to manage and analyze large datasets, is a significant economic driver that could impact Innodatas future performance.

INOD Stock Overview

Market Cap in USD	2,074m
Sub-Industry	Data Processing & Outsourced Services
IPO / Inception	1993-08-10
Return 12m vs S&P 500	29.6%
Analyst Rating	4.60 of 5

INOD Dividends

Currently no dividends paid

INOD Growth Ratios

CAGR	175.54%
CAGR/Max DD Calmar Ratio	2.84
CAGR/Mean DD Pain Ratio	7.51
Current Volume	1985.2k
Average Volume	1432.5k

Piotroski VR‑10 (Strict, 0-10) 8.0

Net Income (33.6m TTM) > 0 and > 6% of Revenue (6% = 14.3m TTM)

FCFTA 0.27 (>2.0%) and ΔFCFTA 14.10pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 31.14% (prev 18.19%; Δ 12.95pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.33 (>3.0%) and CFO 51.2m > Net Income 33.6m (YES >=105%, WARN >=100%)

Net Debt (-69.2m) to EBITDA (46.3m) ratio: -1.50 <= 3.0 (WARN <= 3.5)

Current Ratio 2.67 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (35.3m) change vs 12m ago 3.70% (target <= -2.0% for YES)

Gross Margin 41.57% (prev 37.03%; Δ 4.54pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 197.8% (prev 155.8%; Δ 42.00pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 70.66 (EBITDA TTM 46.3m / Interest Expense TTM 577.0k) >= 6 (WARN >= 3)

Altman Z'' 7.13

(A) 0.49 = (Total Current Assets 118.8m - Total Current Liabilities 44.5m) / Total Assets 152.9m

(B) 0.28 = Retained Earnings (Balance) 42.3m / Total Assets 152.9m

(D) 0.73 = Book Value of Equity 40.9m / Total Liabilities 55.7m

Total Rating: 7.13 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 89.21

1. Piotroski 8.0pt = 3.0

2. FCF Yield 2.03% = 1.01

3. FCF Margin 17.07% = 4.27

4. Debt/Equity 0.05 = 2.50

5. Debt/Ebitda -1.50 = 2.50

6. ROIC - WACC (= 22.41)% = 12.50

7. RoE 41.66% = 2.50

8. Rev. Trend 95.89% = 7.19

9. EPS Trend 74.73% = 3.74

What is the price of INOD shares?

As of November 11, 2025, the stock is trading at USD 68.54 with a total of 1,985,195 shares traded.
Over the past week, the price has changed by -5.41%, over one month by -17.70%, over three months by +71.05% and over the past year by +49.32%.

Is Innodata a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Innodata (NASDAQ:INOD) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 89.21 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of INOD is around 78.64 USD . This means that INOD is currently undervalued and has a potential upside of +14.74% (Margin of Safety).

Is INOD a buy, sell or hold?

Innodata has received a consensus analysts rating of 4.60. Therefore, it is recommended to buy INOD.

Strong Buy: 3
Buy: 2
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the INOD price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	86	25.5%
Analysts Target Price	86	25.5%
ValueRay Target Price	92.6	35.1%

INOD Fundamental Data Overview November 11, 2025

Market Cap USD = 2.07b (2.07b USD * 1.0 USD.USD)
P/E Trailing = 64.4554
P/E Forward = 74.6269
P/S = 8.6978
P/B = 32.0972
Beta = 2.364
Revenue TTM = 238.5m USD
EBIT TTM = 40.8m USD
EBITDA TTM = 46.3m USD
Long Term Debt = 4.66m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 1.12m USD (from shortTermDebt, last quarter)
Debt = 4.68m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -69.2m USD (from netDebt column, last quarter)
Enterprise Value = 2.00b USD (2.07b + Debt 4.68m - CCE 73.9m)
Interest Coverage Ratio = 70.66 (Ebit TTM 40.8m / Interest Expense TTM 577.0k)
FCF Yield = 2.03% (FCF TTM 40.7m / Enterprise Value 2.00b)
FCF Margin = 17.07% (FCF TTM 40.7m / Revenue TTM 238.5m)
Net Margin = 14.11% (Net Income TTM 33.6m / Revenue TTM 238.5m)
Gross Margin = 41.57% ((Revenue TTM 238.5m - Cost of Revenue TTM 139.3m) / Revenue TTM)
Gross Margin QoQ = 41.39% (prev 39.80%)
Tobins Q-Ratio = 13.11 (Enterprise Value 2.00b / Total Assets 152.9m)
Interest Expense / Debt = 12.34% (Interest Expense 577.0k / Debt 4.68m)
Taxrate = 31.51% (3.84m / 12.2m)
NOPAT = 27.9m (EBIT 40.8m * (1 - 31.51%))
Current Ratio = 2.67 (Total Current Assets 118.8m / Total Current Liabilities 44.5m)
Debt / Equity = 0.05 (Debt 4.68m / totalStockholderEquity, last quarter 97.3m)
Debt / EBITDA = -1.50 (Net Debt -69.2m / EBITDA 46.3m)
Debt / FCF = -1.70 (Net Debt -69.2m / FCF TTM 40.7m)
Total Stockholder Equity = 80.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 22.00% (Net Income 33.6m / Total Assets 152.9m)
RoE = 41.66% (Net Income TTM 33.6m / Total Stockholder Equity 80.8m)
RoCE = 47.74% (EBIT 40.8m / Capital Employed (Equity 80.8m + L.T.Debt 4.66m))
RoIC = 37.12% (NOPAT 27.9m / Invested Capital 75.2m)
WACC = 14.72% (E(2.07b)/V(2.08b) * Re(14.73%) + D(4.68m)/V(2.08b) * Rd(12.34%) * (1-Tc(0.32)))
Discount Rate = 14.73% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 5.01%
[DCF Debug] Terminal Value 62.67% ; FCFE base≈28.8m ; Y1≈35.6m ; Y5≈60.7m
Fair Price DCF = 13.42 (DCF Value 427.7m / Shares Outstanding 31.9m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 74.73 | EPS CAGR: 199.9% | SUE: 0.81 | # QB: 0
Revenue Correlation: 95.89 | Revenue CAGR: 53.14% | SUE: 0.46 | # QB: 0

Additional Sources for INOD Stock

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Fund Manager Positions: Dataroma | Stockcircle