Canada · Delayed Price · Currency is CAD Covalon Technologies Statistics
Total Valuation
TSXV:COV has a market cap or net worth of CAD 117.10 million. The enterprise value is 99.40 million.
| Market Cap | 117.10M |
| Enterprise Value | 99.40M |
Important Dates
The next estimated earnings date is Wednesday, December 16, 2026.
| Earnings Date | Dec 16, 2026 |
| Ex-Dividend Date | Nov 4, 2025 |
Share Statistics
TSXV:COV has 27.62 million shares outstanding. The number of shares has increased by 1.25% in one year.
| Current Share Class | 27.62M |
| Shares Outstanding | 27.62M |
| Shares Change (YoY) | +1.25% |
| Shares Change (QoQ) | +0.38% |
| Owned by Insiders (%) | 32.57% |
| Owned by Institutions (%) | 3.62% |
| Float | 14.94M |
Valuation Ratios
The trailing PE ratio is 26.63 and the forward PE ratio is 22.03.
| PE Ratio | 26.63 |
| Forward PE | 22.03 |
| PS Ratio | 3.41 |
| PB Ratio | 3.71 |
| P/TBV Ratio | 3.87 |
| P/FCF Ratio | 21.12 |
| P/OCF Ratio | 17.27 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 22.29, with an EV/FCF ratio of 17.92.
| EV / Earnings | 22.65 |
| EV / Sales | 2.89 |
| EV / EBITDA | 22.29 |
| EV / EBIT | 25.19 |
| EV / FCF | 17.92 |
Financial Position
The company has a current ratio of 8.56, with a Debt / Equity ratio of 0.05.
| Current Ratio | 8.56 |
| Quick Ratio | 6.51 |
| Debt / Equity | 0.05 |
| Debt / EBITDA | 0.38 |
| Debt / FCF | 0.30 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 14.33% and return on invested capital (ROIC) is 7.68%.
| Return on Equity (ROE) | 14.33% |
| Return on Assets (ROA) | 6.87% |
| Return on Invested Capital (ROIC) | 7.68% |
| Return on Capital Employed (ROCE) | 11.99% |
| Weighted Average Cost of Capital (WACC) | 4.94% |
| Revenue Per Employee | 928,333 |
| Profits Per Employee | 118,595 |
| Employee Count | 37 |
| Asset Turnover | 0.96 |
| Inventory Turnover | 1.82 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +97.21% in the last 52 weeks. The beta is 0.14, so TSXV:COV's price volatility has been lower than the market average.
| Beta (5Y) | 0.14 |
| 52-Week Price Change | +97.21% |
| 50-Day Moving Average | 2.76 |
| 200-Day Moving Average | 2.11 |
| Relative Strength Index (RSI) | 83.12 |
| Average Volume (20 Days) | 41,934 |
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 34.35 million and earned 4.39 million in profits. Earnings per share was 0.16.
| Revenue | 34.35M |
| Gross Profit | 20.56M |
| Operating Income | 3.95M |
| Pretax Income | 4.39M |
| Net Income | 4.39M |
| EBITDA | 4.05M |
| EBIT | 3.95M |
| Earnings Per Share (EPS) | 0.16 |
Balance Sheet
The company has 19.39 million in cash and 1.69 million in debt, with a net cash position of 17.70 million or 0.64 per share.
| Cash & Cash Equivalents | 19.39M |
| Total Debt | 1.69M |
| Net Cash | 17.70M |
| Net Cash Per Share | 0.64 |
| Equity (Book Value) | 31.55M |
| Book Value Per Share | 1.14 |
| Working Capital | 27.79M |
Cash Flow
In the last 12 months, operating cash flow was 6.78 million and capital expenditures -1.23 million, giving a free cash flow of 5.55 million.
| Operating Cash Flow | 6.78M |
| Capital Expenditures | -1.23M |
| Depreciation & Amortization | 106,902 |
| Net Borrowing | -755,710 |
| Free Cash Flow | 5.55M |
| FCF Per Share | 0.20 |
Margins
Gross margin is 59.87%, with operating and profit margins of 11.49% and 12.78%.
| Gross Margin | 59.87% |
| Operating Margin | 11.49% |
| Pretax Margin | 12.78% |
| Profit Margin | 12.78% |
| EBITDA Margin | 11.80% |
| EBIT Margin | 11.49% |
| FCF Margin | 16.15% |
Dividends & Yields
This stock pays an annual dividend of 0.15, which amounts to a dividend yield of 3.54%.
| Dividend Per Share | 0.15 |
| Dividend Yield | 3.54% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 94.41% |
| FCF Payout Ratio | 74.70% |
| Buyback Yield | -1.25% |
| Shareholder Yield | 2.29% |
| Earnings Yield | 3.75% |
| FCF Yield | 4.74% |
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 7.64 and a Piotroski F-Score of 6.
| Altman Z-Score | 7.64 |
| Piotroski F-Score | 6 |