Covalon Technologies Statistics

Total Valuation

TSXV:COV has a market cap or net worth of CAD 66.90 million. The enterprise value is 49.48 million.

Market Cap	66.90M
Enterprise Value	49.48M

Important Dates

The next estimated earnings date is Friday, August 22, 2025.

Earnings Date	Aug 22, 2025
Ex-Dividend Date	n/a

Share Statistics

TSXV:COV has 27.42 million shares outstanding. The number of shares has increased by 7.81% in one year.

Current Share Class	27.42M
Shares Outstanding	27.42M
Shares Change (YoY)	+7.81%
Shares Change (QoQ)	-0.55%
Owned by Insiders (%)	34.70%
Owned by Institutions (%)	3.65%
Float	14.22M

Valuation Ratios

The trailing PE ratio is 17.28 and the forward PE ratio is 30.50.

PE Ratio	17.28
Forward PE	30.50
PS Ratio	1.98
PB Ratio	2.15
P/TBV Ratio	2.25
P/FCF Ratio	13.56
P/OCF Ratio	12.94
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.50, with an EV/FCF ratio of 10.03.

EV / Earnings	13.39
EV / Sales	1.46
EV / EBITDA	11.50
EV / EBIT	13.24
EV / FCF	10.03

Financial Position

The company has a current ratio of 8.39, with a Debt / Equity ratio of 0.02.

Current Ratio	8.39
Quick Ratio	5.93
Debt / Equity	0.02
Debt / EBITDA	0.14
Debt / FCF	0.12
Interest Coverage	47.37

Financial Efficiency

Return on equity (ROE) is 14.51% and return on invested capital (ROIC) is 8.84%.

Return on Equity (ROE)	14.51%
Return on Assets (ROA)	7.99%
Return on Invested Capital (ROIC)	8.84%
Return on Capital Employed (ROCE)	11.95%
Revenue Per Employee	914,698
Profits Per Employee	99,895
Employee Count	37
Asset Turnover	1.16
Inventory Turnover	1.91

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +16.19% in the last 52 weeks. The beta is 0.09, so TSXV:COV's price volatility has been lower than the market average.

Beta (5Y)	0.09
52-Week Price Change	+16.19%
50-Day Moving Average	2.45
200-Day Moving Average	2.93
Relative Strength Index (RSI)	51.33
Average Volume (20 Days)	9,011

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 33.84 million and earned 3.70 million in profits. Earnings per share was 0.14.

Revenue	33.84M
Gross Profit	19.91M
Operating Income	3.74M
Pretax Income	3.70M
Net Income	3.70M
EBITDA	4.06M
EBIT	3.74M
Earnings Per Share (EPS)	0.14

Full Income Statement

Balance Sheet

The company has 18.03 million in cash and 609,464 in debt, giving a net cash position of 17.42 million or 0.64 per share.

Cash & Cash Equivalents	18.03M
Total Debt	609,464
Net Cash	17.42M
Net Cash Per Share	0.64
Equity (Book Value)	31.15M
Book Value Per Share	1.14
Working Capital	28.73M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 5.17 million and capital expenditures -234,497, giving a free cash flow of 4.93 million.

Operating Cash Flow	5.17M
Capital Expenditures	-234,497
Free Cash Flow	4.93M
FCF Per Share	0.18

Full Cash Flow Statement

Margins

Gross margin is 58.82%, with operating and profit margins of 11.04% and 10.92%.

Gross Margin	58.82%
Operating Margin	11.04%
Pretax Margin	10.92%
Profit Margin	10.92%
EBITDA Margin	11.99%
EBIT Margin	11.04%
FCF Margin	14.58%

Dividends & Yields

TSXV:COV does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-7.81%
Shareholder Yield	n/a
Earnings Yield	5.52%
FCF Yield	7.38%

Fair Value

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

Lynch Fair Value
Lynch Upside
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 11.49 and a Piotroski F-Score of 7.

Altman Z-Score	11.49
Piotroski F-Score	7