# Innodata Inc. (INOD) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Information Technology Services. Price $55.66, market value $1.9 billion.

## Valuation
- **P/E (trailing): 43.1×** (5-yr avg 49.9×, 3-yr avg 49.9×). Innodata Inc. trades at 43.1× trailing earnings, close to its own five-year average of 49.9×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 26.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 7.91**. A PEG of 7.91 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 6.0×**. Each dollar of revenue is priced at 6.0×.
- **Price / book: 12.0×**. The shares trade at 12.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 9.6%** (5-yr avg -1.0%). Free cash flow equals 9.6% of the market value, above its five-year average of -1.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 2.3%**. The inverse of the P/E: 2.3% of the price is earned each year.

## Profitability
- **Net margin: 12.8%**. 12.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 30.0%**. 30.0% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 27.6%**. Each dollar of assets produces 27.6% of profit.

## Growth
- **Revenue growth (1 yr): 47.6%** (3-yr 47.1%/yr, 5-yr 34.0%/yr). Revenue grew 47.6% over the last year, against 34.0% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 3.4%** (5-yr 115.1%/yr). Earnings per share rose 3.4%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.05**. Debt is 0.05 times equity: a conservative balance sheet.
- **Current ratio: 2.68** (quick 2.68). Current assets cover the next year's liabilities 2.68 times.
- **Altman Z-score: 22.43**. A Z-score of 22.43 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Innodata Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 35.4%** (YTD 9.2%, 3-mo -45.4%). The shares are up 35.4% over twelve months including dividends.
- **From 52-week high: -55.5%** (62.6% above the low). Trading 56% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 3.51** (volatility 120%). Beta of 3.51 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=INOD · Page: https://foliofundamentals.com/stocks/inod

Not investment advice.
