Covalon Technologies Ltd. (TSXV:COV)

Covalon Technologies Statistics

Total Valuation

TSXV:COV has a market cap or net worth of CAD 60.32 million. The enterprise value is 43.51 million.

Market Cap	60.32M
Enterprise Value	43.51M

Important Dates

The last earnings date was 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 11.18% in one year.

Current Share Class	27.42M
Shares Outstanding	27.42M
Shares Change (YoY)	+11.18%
Shares Change (QoQ)	+0.12%
Owned by Insiders (%)	34.70%
Owned by Institutions (%)	3.65%
Float	14.22M

Valuation Ratios

The trailing PE ratio is 25.55 and the forward PE ratio is 23.78.

PE Ratio	25.55
Forward PE	23.78
PS Ratio	1.83
PB Ratio	2.03
P/TBV Ratio	2.13
P/FCF Ratio	13.31
P/OCF Ratio	11.87
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.29, with an EV/FCF ratio of 9.60.

EV / Earnings	18.81
EV / Sales	1.32
EV / EBITDA	16.29
EV / EBIT	19.94
EV / FCF	9.60

Financial Position

The company has a current ratio of 6.57, with a Debt / Equity ratio of 0.04.

Current Ratio	6.57
Quick Ratio	4.73
Debt / Equity	0.04
Debt / EBITDA	0.48
Debt / FCF	0.28
Interest Coverage	42.37

Financial Efficiency

Return on equity (ROE) is 9.01% and return on invested capital (ROIC) is 5.08%.

Return on Equity (ROE)	9.01%
Return on Assets (ROA)	4.42%
Return on Invested Capital (ROIC)	5.08%
Return on Capital Employed (ROCE)	7.18%
Revenue Per Employee	891,674
Profits Per Employee	62,503
Employee Count	37
Asset Turnover	1.07
Inventory Turnover	1.98

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -27.06% in the last 52 weeks. The beta is 0.16, so TSXV:COV's price volatility has been lower than the market average.

Beta (5Y)	0.16
52-Week Price Change	-27.06%
50-Day Moving Average	2.50
200-Day Moving Average	2.70
Relative Strength Index (RSI)	35.45
Average Volume (20 Days)	34,649

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 32.99 million and earned 2.31 million in profits. Earnings per share was 0.09.

Revenue	32.99M
Gross Profit	18.37M
Operating Income	2.18M
Pretax Income	2.31M
Net Income	2.31M
EBITDA	2.43M
EBIT	2.18M
Earnings Per Share (EPS)	0.09

Balance Sheet

The company has 18.09 million in cash and 1.28 million in debt, giving a net cash position of 16.81 million or 0.61 per share.

Cash & Cash Equivalents	18.09M
Total Debt	1.28M
Net Cash	16.81M
Net Cash Per Share	0.61
Equity (Book Value)	29.68M
Book Value Per Share	1.08
Working Capital	26.90M

Cash Flow

In the last 12 months, operating cash flow was 5.08 million and capital expenditures -546,841, giving a free cash flow of 4.53 million.

Operating Cash Flow	5.08M
Capital Expenditures	-546,841
Free Cash Flow	4.53M
FCF Per Share	0.17

Margins

Gross margin is 55.68%, with operating and profit margins of 6.61% and 7.01%.

Gross Margin	55.68%
Operating Margin	6.61%
Pretax Margin	7.01%
Profit Margin	7.01%
EBITDA Margin	7.35%
EBIT Margin	6.61%
FCF Margin	13.74%

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	-11.18%
Shareholder Yield	n/a
Earnings Yield	3.83%
FCF Yield	7.51%

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 8.95 and a Piotroski F-Score of 5.

Altman Z-Score	8.95
Piotroski F-Score	5