Covalon Technologies Valuation
| COV Stock | CAD 1.10 0.01 0.92% |
Today, the firm appears to be overvalued. Covalon Technologies shows a prevailing Real Value of C$1.0 per share. The current price of the firm is C$1.1. Our model approximates the value of Covalon Technologies from analyzing the firm fundamentals such as Profit Margin of (0.20) %, return on equity of -0.24, and Current Valuation of 19.97 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor buying undervalued instruments and disposing overvalued instruments since, at some point, asset prices and their ongoing real values will blend. Key fundamental drivers impacting Covalon Technologies' valuation include:
Price Book 1.5357 | Enterprise Value 20 M | Enterprise Value Ebitda (3.58) | Price Sales 1.0823 | Enterprise Value Revenue 0.8065 |
Overvalued
Today
Please note that Covalon Technologies' price fluctuation is extremely dangerous at this time. Calculation of the real value of Covalon Technologies is based on 3 months time horizon. Increasing Covalon Technologies' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Covalon Technologies is useful when determining the fair value of the Covalon stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Covalon Technologies. Since Covalon Technologies is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Covalon Stock. However, Covalon Technologies' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 1.1 | Real 1.0 | Hype 1.11 |
The real value of Covalon Stock, also known as its intrinsic value, is the underlying worth of Covalon Technologies Company, which is reflected in its stock price. It is based on Covalon Technologies' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Covalon Technologies' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Covalon Technologies' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Covalon Technologies helps investors to forecast how Covalon stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Covalon Technologies more accurately as focusing exclusively on Covalon Technologies' fundamentals will not take into account other important factors: Traditionally analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Covalon Technologies' intrinsic value based on its ongoing forecasts of Covalon Technologies' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Covalon Technologies' closest peers. When choosing an evaluation method for Covalon Technologies, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.
Covalon Technologies Investments |
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Covalon Valuation Trend
Knowing Covalon Technologies' actual value is paramount for traders to make sound investment determinations. Covalon Technologies' real value is not only important for the investor to make better decisions but also for a more accurate overall view of Covalon Technologies' financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both Covalon Technologies' enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.
Covalon Market Cap
Covalon Technologies is number one stock in market capitalization category among related companies. Market capitalization of Health Care industry is currently estimated at about 15.34 Trillion. Covalon Technologies adds roughly 26.89 Million in market capitalization claiming only tiny portion of equities under Health Care industry.Covalon Technologies Valuation Ratios as Compared to Competition
Comparative valuation techniques use various fundamental indicators to help in determining Covalon Technologies's current stock value. Our valuation model uses many indicators to compare Covalon Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Covalon Technologies competition to find correlations between indicators driving Covalon Technologies's intrinsic value. More Info.Covalon Technologies is number one stock in price to earning category among related companies. It is number one stock in price to book category among related companies fabricating about 0.02 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Covalon Technologies is roughly 45.49 . Price To Book Ratio is likely to drop to 2.17 in 2024. Comparative valuation analysis is a catch-all model that can be used if you cannot value Covalon Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Covalon Technologies' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Covalon Technologies' earnings, one of the primary drivers of an investment's value.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Covalon Technologies' worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Covalon Technologies and how it compares across the competition.
About Covalon Technologies Valuation
The stock valuation mechanism determines the current worth of Covalon Technologies on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Covalon Technologies. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Covalon Technologies based exclusively on its fundamental and basic technical indicators. By analyzing Covalon Technologies's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Covalon Technologies's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Covalon Technologies. We calculate exposure to Covalon Technologies's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Covalon Technologies's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 16.5 M | 17.3 M | |
| Pretax Profit Margin | (0.15) | (0.16) | |
| Operating Profit Margin | (0.15) | (0.16) | |
| Net Loss | (0.15) | (0.16) | |
| Gross Profit Margin | 0.49 | 0.43 |
8 Steps to conduct Covalon Technologies' Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Covalon Technologies' potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Covalon Technologies' valuation analysis, follow these 8 steps:- Gather financial information: Obtain Covalon Technologies' financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Covalon Technologies' revenue streams: Identify Covalon Technologies' primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Covalon Technologies' industry and market trends, including the size of the market, growth rate, and competition.
- Establish Covalon Technologies' growth potential: Evaluate Covalon Technologies' management, business model, and growth potential.
- Determine Covalon Technologies' financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Covalon Technologies' estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Covalon Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Covalon Stock analysis
When running Covalon Technologies' price analysis, check to measure Covalon Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Covalon Technologies is operating at the current time. Most of Covalon Technologies' value examination focuses on studying past and present price action to predict the probability of Covalon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covalon Technologies' price. Additionally, you may evaluate how the addition of Covalon Technologies to your portfolios can decrease your overall portfolio volatility.
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