Covalon Technologies Valuation
| COV Stock | CAD 3.65 0.05 1.35% |
At this time, the firm appears to be overvalued. Covalon Technologies shows a prevailing Real Value of C$3.01 per share. The current price of the firm is C$3.65. Our model approximates the value of Covalon Technologies from analyzing the firm fundamentals such as Profit Margin of (0.03) %, return on equity of -0.0385, and Current Valuation of 91.68 M as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Covalon Technologies' valuation include:
Price Book 4.6141 | Enterprise Value 91.7 M | Enterprise Value Ebitda 2.1 K | Price Sales 3.4252 | Enterprise Value Revenue 3.14 |
Overvalued
Today
Please note that Covalon Technologies' price fluctuation is relatively risky at this time. Calculation of the real value of Covalon Technologies is based on 3 months time horizon. Increasing Covalon Technologies' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Covalon stock is determined by what a typical buyer is willing to pay for full or partial control of Covalon Technologies. Since Covalon Technologies is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Covalon Stock. However, Covalon Technologies' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 3.65 | Real 3.01 | Hype 3.65 | Naive 3.24 |
The intrinsic value of Covalon Technologies' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Covalon Technologies' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Covalon Technologies helps investors to forecast how Covalon stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Covalon Technologies more accurately as focusing exclusively on Covalon Technologies' fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Covalon Technologies' intrinsic value based on its ongoing forecasts of Covalon Technologies' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Covalon Technologies' closest peers.
Covalon Technologies Cash |
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Covalon Valuation Trend
Analysing the historical paterns of Covalon Technologies' enterprise value and its market capitalization is a good way to estimate and gauge the value of Covalon Technologies over time and is usually enough for investors to make rational market timing decisions.
Covalon Technologies Total Value Analysis
Covalon Technologies is currently estimated to have takeover price of 91.68 M with market capitalization of 100 M, debt of 1.56 M, and cash on hands of 2.53 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Covalon Technologies fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
91.68 M | 100 M | 1.56 M | 2.53 M |
Covalon Technologies Investor Information
About 49.0% of the company shares are held by company insiders. The book value of Covalon Technologies was currently reported as 0.88. The company recorded a loss per share of 0.04. Covalon Technologies had not issued any dividends in recent years. The entity had 1:10 split on the 16th of July 2013. Based on the key indicators related to Covalon Technologies' liquidity, profitability, solvency, and operating efficiencyBased on the analysis of, Covalon Technologies is not in a good financial situation at this time. It has a very high odds of going through financial crisis in January.Covalon Technologies Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Covalon Technologies has an asset utilization ratio of 106.81 percent. This indicates that the Company is making C$1.07 for each dollar of assets. An increasing asset utilization means that Covalon Technologies is more efficient with each dollar of assets it utilizes for everyday operations.Covalon Technologies Ownership Allocation
Covalon Technologies holds a total of 27.4 Million outstanding shares. Covalon Technologies retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Covalon Technologies Profitability Analysis
The company reported the revenue of 26.6 M. Net Loss for the year was (4.46 M) with profit before overhead, payroll, taxes, and interest of 7.49 M.About Covalon Technologies Valuation
Our relative valuation model uses a comparative analysis of Covalon Technologies. We calculate exposure to Covalon Technologies's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Covalon Technologies's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 16.5 M | 17.3 M | |
| Pretax Profit Margin | (0.15) | (0.16) | |
| Operating Profit Margin | (0.15) | (0.16) | |
| Net Loss | (0.15) | (0.16) | |
| Gross Profit Margin | 0.49 | 0.43 |
Additional Tools for Covalon Stock Analysis
When running Covalon Technologies' price analysis, check to measure Covalon Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Covalon Technologies is operating at the current time. Most of Covalon Technologies' value examination focuses on studying past and present price action to predict the probability of Covalon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covalon Technologies' price. Additionally, you may evaluate how the addition of Covalon Technologies to your portfolios can decrease your overall portfolio volatility.