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VATE vs ZEUS
Revenue, margins, valuation, and 5-year total return — side by side.
Steel
VATE vs ZEUS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Engineering & Construction | Steel |
| Market Cap | $173M | $533M |
| Revenue (TTM) | $1.10B | $1.90B |
| Net Income (TTM) | $-70M | $14M |
| Gross Margin | 17.0% | 82.8% |
| Operating Margin | 1.6% | 1.9% |
| Forward P/E | — | 20.7x |
| Total Debt | $719M | $313M |
| Cash & Equiv. | $49M | $12M |
VATE vs ZEUS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| INNOVATE Corp. (VATE) | 100 | 48.0 | -52.0% |
| Olympic Steel, Inc. (ZEUS) | 100 | 436.0 | +336.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: VATE vs ZEUS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
VATE is the clearest fit if your priority is growth exposure and sleep-well-at-night.
- Rev growth -22.2%, EPS growth 42.9%, 3Y rev CAGR -2.8%
- Lower volatility, beta 0.94, current ratio 0.81x
- Beta 0.94 vs ZEUS's 1.48
ZEUS carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 3 yrs, beta 1.48, yield 1.2%
- 138.5% 10Y total return vs VATE's 23.8%
- Beta 1.48, yield 1.2%, current ratio 4.38x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -10.0% revenue growth vs VATE's -22.2% | |
| Quality / Margins | 0.7% margin vs VATE's -6.3% | |
| Stability / Safety | Beta 0.94 vs ZEUS's 1.48 | |
| Dividends | 1.2% yield, 3-year raise streak, vs VATE's 0.7% | |
| Momentum (1Y) | +118.9% vs ZEUS's +50.3% | |
| Efficiency (ROA) | 1.3% ROA vs VATE's -7.8%, ROIC 4.3% vs 5.7% |
VATE vs ZEUS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
VATE vs ZEUS — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — VATE and ZEUS each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ZEUS is the larger business by revenue, generating $1.9B annually — 1.7x VATE's $1.1B. ZEUS is the more profitable business, keeping 0.7% of every revenue dollar as net income compared to VATE's -6.3%. On growth, VATE holds the edge at +43.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $1.1B | $1.9B |
| EBITDAEarnings before interest/tax | $46M | $45M |
| Net IncomeAfter-tax profit | -$70M | $14M |
| Free Cash FlowCash after capex | $61M | $42M |
| Gross MarginGross profit ÷ Revenue | +17.0% | +82.8% |
| Operating MarginEBIT ÷ Revenue | +1.6% | +1.9% |
| Net MarginNet income ÷ Revenue | -6.3% | +0.7% |
| FCF MarginFCF ÷ Revenue | +5.6% | +2.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +43.3% | +4.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +38.8% | -21.7% |
Valuation Metrics
VATE leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
On an enterprise value basis, ZEUS's 10.6x EV/EBITDA is more attractive than VATE's 11.6x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $173M | $533M |
| Enterprise ValueMkt cap + debt − cash | $844M | $834M |
| Trailing P/EPrice ÷ TTM EPS | -4.64x | 24.29x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 20.72x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.58x |
| EV / EBITDAEnterprise value multiple | 11.57x | 10.59x |
| Price / SalesMarket cap ÷ Revenue | 0.16x | 0.27x |
| Price / BookPrice ÷ Book value/share | — | 0.97x |
| Price / FCFMarket cap ÷ FCF | — | 127.14x |
Profitability & Efficiency
ZEUS leads this category, winning 5 of 7 comparable metrics.
Profitability & Efficiency
On the Piotroski fundamental quality scale (0–9), ZEUS scores 5/9 vs VATE's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | — | +2.4% |
| ROA (TTM)Return on assets | -7.8% | +1.3% |
| ROICReturn on invested capital | +5.7% | +4.3% |
| ROCEReturn on capital employed | +7.9% | +5.6% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 5 |
| Debt / EquityFinancial leverage | — | 0.55x |
| Net DebtTotal debt minus cash | $670M | $301M |
| Cash & Equiv.Liquid assets | $49M | $12M |
| Total DebtShort + long-term debt | $719M | $313M |
| Interest CoverageEBIT ÷ Interest expense | 0.21x | 2.15x |
Total Returns (Dividends Reinvested)
ZEUS leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ZEUS five years ago would be worth $15,167 today (with dividends reinvested), compared to $3,609 for VATE. Over the past 12 months, VATE leads with a +118.9% total return vs ZEUS's +50.3%. The 3-year compound annual growth rate (CAGR) favors ZEUS at 4.8% vs VATE's -20.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +158.8% | +9.1% |
| 1-Year ReturnPast 12 months | +118.9% | +50.3% |
| 3-Year ReturnCumulative with dividends | -50.5% | +15.1% |
| 5-Year ReturnCumulative with dividends | -63.9% | +51.7% |
| 10-Year ReturnCumulative with dividends | +23.8% | +138.5% |
| CAGR (3Y)Annualised 3-year return | -20.9% | +4.8% |
Risk & Volatility
VATE leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
VATE is the less volatile stock with a 0.94 beta — it tends to amplify market swings less than ZEUS's 1.48 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. VATE currently trades 94.2% from its 52-week high vs ZEUS's 90.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.94x | 1.48x |
| 52-Week HighHighest price in past year | $13.46 | $52.65 |
| 52-Week LowLowest price in past year | $3.75 | $27.11 |
| % of 52W HighCurrent price vs 52-week peak | +94.2% | +90.9% |
| RSI (14)Momentum oscillator 0–100 | 68.3 | 48.2 |
| Avg Volume (50D)Average daily shares traded | 42K | 47 |
Analyst Outlook
ZEUS leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
For income investors, ZEUS offers the higher dividend yield at 1.20% vs VATE's 0.72%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy |
| Price TargetConsensus 12-month target | — | $41.00 |
| # AnalystsCovering analysts | — | 6 |
| Dividend YieldAnnual dividend ÷ price | +0.7% | +1.2% |
| Dividend StreakConsecutive years of raises | 0 | 3 |
| Dividend / ShareAnnual DPS | $0.09 | $0.57 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
ZEUS leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). VATE leads in 2 (Valuation Metrics, Risk & Volatility). 1 tied.
VATE vs ZEUS: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is VATE or ZEUS a better buy right now?
For growth investors, Olympic Steel, Inc.
(ZEUS) is the stronger pick with -10. 0% revenue growth year-over-year, versus -22. 2% for INNOVATE Corp. (VATE). Olympic Steel, Inc. (ZEUS) offers the better valuation at 24. 3x trailing P/E (20. 7x forward), making it the more compelling value choice. Analysts rate Olympic Steel, Inc. (ZEUS) a "Buy" — based on 6 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — VATE or ZEUS?
Over the past 5 years, Olympic Steel, Inc.
(ZEUS) delivered a total return of +51. 7%, compared to -63. 9% for INNOVATE Corp. (VATE). Over 10 years, the gap is even starker: ZEUS returned +138. 5% versus VATE's +23. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — VATE or ZEUS?
By beta (market sensitivity over 5 years), INNOVATE Corp.
(VATE) is the lower-risk stock at 0. 94β versus Olympic Steel, Inc. 's 1. 48β — meaning ZEUS is approximately 58% more volatile than VATE relative to the S&P 500.
04Which is growing faster — VATE or ZEUS?
By revenue growth (latest reported year), Olympic Steel, Inc.
(ZEUS) is pulling ahead at -10. 0% versus -22. 2% for INNOVATE Corp. (VATE). On earnings-per-share growth, the picture is similar: INNOVATE Corp. grew EPS 42. 9% year-over-year, compared to -48. 8% for Olympic Steel, Inc.. Over a 3-year CAGR, VATE leads at -2. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — VATE or ZEUS?
Olympic Steel, Inc.
(ZEUS) is the more profitable company, earning 1. 2% net margin versus -3. 1% for INNOVATE Corp. — meaning it keeps 1. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VATE leads at 3. 6% versus 2. 5% for ZEUS. At the gross margin level — before operating expenses — ZEUS leads at 23. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — VATE or ZEUS?
All stocks in this comparison pay dividends.
Olympic Steel, Inc. (ZEUS) offers the highest yield at 1. 2%, versus 0. 7% for INNOVATE Corp. (VATE).
07Is VATE or ZEUS better for a retirement portfolio?
For long-horizon retirement investors, INNOVATE Corp.
(VATE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 94), 0. 7% yield). Both have compounded well over 10 years (VATE: +23. 8%, ZEUS: +138. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between VATE and ZEUS?
These companies operate in different sectors (VATE (Industrials) and ZEUS (Basic Materials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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