Covalon Technologies Ltd. (TSXV:COV)

Covalon Technologies Statistics

Total Valuation

TSXV:COV has a market cap or net worth of CAD 43.87 million. The enterprise value is 28.76 million.

Market Cap	43.87M
Enterprise Value	28.76M

Important Dates

The next estimated earnings date is Wednesday, February 25, 2026.

Earnings Date	Feb 25, 2026
Ex-Dividend Date	Nov 4, 2025

Share Statistics

TSXV:COV has 27.42 million shares outstanding. The number of shares has increased by 11.79% in one year.

Current Share Class	27.42M
Shares Outstanding	27.42M
Shares Change (YoY)	+11.79%
Shares Change (QoQ)	-0.70%
Owned by Insiders (%)	30.44%
Owned by Institutions (%)	3.65%
Float	15.39M

Valuation Ratios

The trailing PE ratio is 22.86 and the forward PE ratio is 13.33.

PE Ratio	22.86
Forward PE	13.33
PS Ratio	1.34
PB Ratio	1.43
P/TBV Ratio	1.49
P/FCF Ratio	26.67
P/OCF Ratio	19.16
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.85, with an EV/FCF ratio of 17.48.

EV / Earnings	13.97
EV / Sales	0.88
EV / EBITDA	11.85
EV / EBIT	16.30
EV / FCF	17.48

Financial Position

The company has a current ratio of 8.36, with a Debt / Equity ratio of 0.07.

Current Ratio	8.36
Quick Ratio	6.18
Debt / Equity	0.07
Debt / EBITDA	0.93
Debt / FCF	1.37
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 7.07% and return on invested capital (ROIC) is 3.59%.

Return on Equity (ROE)	7.07%
Return on Assets (ROA)	3.25%
Return on Invested Capital (ROIC)	3.59%
Return on Capital Employed (ROCE)	5.45%
Weighted Average Cost of Capital (WACC)	2.79%
Revenue Per Employee	886,928
Profits Per Employee	55,624
Employee Count	37
Asset Turnover	0.97
Inventory Turnover	2.03

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -46.49% in the last 52 weeks. The beta is -0.24, so TSXV:COV's price volatility has been lower than the market average.

Beta (5Y)	-0.24
52-Week Price Change	-46.49%
50-Day Moving Average	1.72
200-Day Moving Average	2.18
Relative Strength Index (RSI)	41.79
Average Volume (20 Days)	8,657

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TSXV:COV had revenue of CAD 32.82 million and earned 2.06 million in profits. Earnings per share was 0.07.

Revenue	32.82M
Gross Profit	17.47M
Operating Income	1.76M
Pretax Income	2.06M
Net Income	2.06M
EBITDA	2.14M
EBIT	1.76M
Earnings Per Share (EPS)	0.07

Balance Sheet

The company has 17.37 million in cash and 2.25 million in debt, with a net cash position of 15.11 million or 0.55 per share.

Cash & Cash Equivalents	17.37M
Total Debt	2.25M
Net Cash	15.11M
Net Cash Per Share	0.55
Equity (Book Value)	30.73M
Book Value Per Share	1.12
Working Capital	27.76M

Cash Flow

In the last 12 months, operating cash flow was 2.29 million and capital expenditures -644,178, giving a free cash flow of 1.65 million.

Operating Cash Flow	2.29M
Capital Expenditures	-644,178
Free Cash Flow	1.65M
FCF Per Share	0.06

Margins

Gross margin is 53.24%, with operating and profit margins of 5.37% and 6.27%.

Gross Margin	53.24%
Operating Margin	5.37%
Pretax Margin	6.27%
Profit Margin	6.27%
EBITDA Margin	6.53%
EBIT Margin	5.37%
FCF Margin	5.01%

Dividends & Yields

This stock pays an annual dividend of 0.15, which amounts to a dividend yield of 9.38%.

Dividend Per Share	0.15
Dividend Yield	9.38%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	1
Payout Ratio	n/a
Buyback Yield	-11.79%
Shareholder Yield	-2.42%
Earnings Yield	4.69%
FCF Yield	3.75%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number
Graham Upside

Stock Splits

The last stock split was on July 16, 2013. It was a reverse split with a ratio of 0.1.

Last Split Date	Jul 16, 2013
Split Type	Reverse
Split Ratio	0.1

Scores

TSXV:COV has an Altman Z-Score of 9.19 and a Piotroski F-Score of 5.

Altman Z-Score	9.19
Piotroski F-Score	5