Critical Contrast: Mitesco (OTCMKTS:MITI) & InnovAge (NASDAQ:INNV)

Mitesco (OTCMKTS:MITI) and InnovAge (NASDAQ:INNV) are both small-cap medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, profitability, analyst recommendations, earnings, dividends and risk.

Earnings and Valuation

This table compares Mitesco and InnovAge’s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Mitesco	$690,000.00	0.20	-$23.24 million	N/A	N/A
InnovAge	$688.09 million	1.13	-$40.67 million	($0.29)	-19.72

Mitesco has higher earnings, but lower revenue than InnovAge.

Volatility and Risk

Mitesco has a beta of 0.1, indicating that its share price is 90% less volatile than the S&P 500. Comparatively, InnovAge has a beta of 0.09, indicating that its share price is 91% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and price targets for Mitesco and InnovAge, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Mitesco	0	0	0	0	N/A
InnovAge	0	0	0	0	N/A

InnovAge has a consensus target price of $8.00, indicating a potential upside of 40.11%. Given InnovAge’s higher probable upside, analysts plainly believe InnovAge is more favorable than Mitesco.

Insider and Institutional Ownership

0.0% of Mitesco shares are owned by institutional investors. Comparatively, 12.2% of InnovAge shares are owned by institutional investors. 4.9% of Mitesco shares are owned by company insiders. Comparatively, 0.4% of InnovAge shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares Mitesco and InnovAge’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Mitesco	N/A	N/A	-383.43%
InnovAge	-5.42%	-12.38%	-6.80%

About Mitesco

Mitesco, Inc. operates medical clinics under The Good Clinic name. The company offers healthcare technology and services. It also provides preventative and wellness care, primary and behavioral care service, nutrition coaching, telehealth care, and population health related services. In addition, the company sells books, vitamins, supplements, and essential oil related products. The company was formerly known as True Nature Holding, Inc. and changed its name to Mitesco, Inc. in April 2020. Mitesco, Inc. is based in Deephaven, Minnesota.

About InnovAge

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management. The company serves participants in the United States; and operates PACE centers in Colorado, California, New Mexico, Pennsylvania, and Virginia. The company was formerly known as TCO Group Holdings, Inc. and changed its name to InnovAge Holding Corp. in January 2021. InnovAge Holding Corp. was founded in 2007 and is headquartered in Denver, Colorado.