Canada · Delayed Price · Currency is CAD Covalon Technologies Statistics
Total Valuation
TSXV:COV has a market cap or net worth of CAD 59.93 million. The enterprise value is 45.14 million.
| Market Cap | 59.93M |
| Enterprise Value | 45.14M |
Important Dates
The last earnings date was Thursday, May 21, 2026.
| Earnings Date | May 21, 2026 |
| Ex-Dividend Date | Nov 4, 2025 |
Share Statistics
TSXV:COV has 27.62 million shares outstanding. The number of shares has increased by 4.45% in one year.
| Current Share Class | 27.62M |
| Shares Outstanding | 27.62M |
| Shares Change (YoY) | +4.45% |
| Shares Change (QoQ) | -0.18% |
| Owned by Insiders (%) | 30.22% |
| Owned by Institutions (%) | 3.62% |
| Float | 15.59M |
Valuation Ratios
The trailing PE ratio is 43.55 and the forward PE ratio is 20.67.
| PE Ratio | 43.55 |
| Forward PE | 20.67 |
| PS Ratio | 1.83 |
| PB Ratio | 2.14 |
| P/TBV Ratio | 2.06 |
| P/FCF Ratio | 12.62 |
| P/OCF Ratio | 9.84 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 26.92, with an EV/FCF ratio of 9.50.
| EV / Earnings | 27.49 |
| EV / Sales | 1.38 |
| EV / EBITDA | 26.92 |
| EV / EBIT | 39.61 |
| EV / FCF | 9.50 |
Financial Position
The company has a current ratio of 7.57, with a Debt / Equity ratio of 0.06.
| Current Ratio | 7.57 |
| Quick Ratio | 5.72 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 1.06 |
| Debt / FCF | 0.37 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 5.55% and return on invested capital (ROIC) is 2.31%.
| Return on Equity (ROE) | 5.55% |
| Return on Assets (ROA) | 2.08% |
| Return on Invested Capital (ROIC) | 2.31% |
| Return on Capital Employed (ROCE) | 3.87% |
| Weighted Average Cost of Capital (WACC) | 4.05% |
| Revenue Per Employee | 883,236 |
| Profits Per Employee | 44,371 |
| Employee Count | 37 |
| Asset Turnover | 0.96 |
| Inventory Turnover | 1.96 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -11.07% in the last 52 weeks. The beta is -0.01, so TSXV:COV's price volatility has been lower than the market average.
| Beta (5Y) | -0.01 |
| 52-Week Price Change | -11.07% |
| 50-Day Moving Average | 1.93 |
| 200-Day Moving Average | 1.96 |
| Relative Strength Index (RSI) | 62.96 |
| Average Volume (20 Days) | 9,046 |
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 32.68 million and earned 1.64 million in profits. Earnings per share was 0.05.
| Revenue | 32.68M |
| Gross Profit | 17.71M |
| Operating Income | 1.14M |
| Pretax Income | 1.64M |
| Net Income | 1.64M |
| EBITDA | 1.31M |
| EBIT | 1.14M |
| Earnings Per Share (EPS) | 0.05 |
Balance Sheet
The company has 16.57 million in cash and 1.77 million in debt, with a net cash position of 14.79 million or 0.54 per share.
| Cash & Cash Equivalents | 16.57M |
| Total Debt | 1.77M |
| Net Cash | 14.79M |
| Net Cash Per Share | 0.54 |
| Equity (Book Value) | 28.02M |
| Book Value Per Share | 1.01 |
| Working Capital | 24.43M |
Cash Flow
In the last 12 months, operating cash flow was 6.09 million and capital expenditures -1.34 million, giving a free cash flow of 4.75 million.
| Operating Cash Flow | 6.09M |
| Capital Expenditures | -1.34M |
| Depreciation & Amortization | 169,281 |
| Net Borrowing | -823,842 |
| Free Cash Flow | 4.75M |
| FCF Per Share | 0.17 |
Margins
Gross margin is 54.19%, with operating and profit margins of 3.49% and 5.02%.
| Gross Margin | 54.19% |
| Operating Margin | 3.49% |
| Pretax Margin | 5.02% |
| Profit Margin | 5.02% |
| EBITDA Margin | 4.00% |
| EBIT Margin | 3.49% |
| FCF Margin | 14.54% |
Dividends & Yields
This stock pays an annual dividend of 0.15, which amounts to a dividend yield of 6.91%.
| Dividend Per Share | 0.15 |
| Dividend Yield | 6.91% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 1 |
| Payout Ratio | 252.34% |
| Buyback Yield | -4.45% |
| Shareholder Yield | 2.46% |
| Earnings Yield | 2.74% |
| FCF Yield | 7.93% |
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 7.29 and a Piotroski F-Score of 4.
| Altman Z-Score | 7.29 |
| Piotroski F-Score | 4 |