Polynovo Ltd PNV

Morningstar Rating
A$0.91 +0.01 (0.56%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

PNV is trading at a LOCK|JQ@#@H premium.
Price
A$0.90
Fair Value
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Uncertainty
LOCK|%^Q
1-Star Price
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5-Star Price
LOCK|dY%Zs#r
Economic Moat
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Capital Allocation
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Trading Information

Previous Close Price
A$0.90
Day Range
A$0.89–0.91
52-Week Range
A$0.81–1.56
Bid/Ask
A$0.90 / A$0.91
Shares Outstanding
690.84M
Market Cap
A$625.21M
Volume/Avg
450,288 / 2M

Key Statistics

Price/Earnings (Normalized)
47.59
Price/Sales
4.38
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Polynovo earns majority of its revenue from U.S sales of its NovoSorb Biodegradable Temporizing Matrix, or NovoSorb BTM. The product is a patented biodegradable synthetic scaffold to support the regeneration of the dermis when lost through surgery, trauma, burns or other causes of tissue loss. Once the product is applied to a wound, it takes a few weeks for the dermal layer to fully integrate within the polymer scaffold before a clinician can delaminate the outer layer. A small wound would then close either naturally or with a dressing, while a larger wound would close through a split-skin graft or alternative product such as Avita's RECELL. NovoSorb BTM then slowly degrades to harmless byproducts which are fully absorbed in roughly 18 months.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Growth
Total Number of Employees
8

Valuation

Metric
PNV
Price/Earnings (Normalized)
47.59
Price/Book Value
6.86
Price/Sales
4.38
Price/Cash Flow
27.23
Price/Earnings
PNV

Financial Strength

Metric
PNV
Quick Ratio
2.34
Current Ratio
2.99
Interest Coverage
9.34
Quick Ratio
PNV

Profitability

Metric
PNV
Return on Assets (Normalized)
5.41%
Return on Equity (Normalized)
8.06%
Return on Invested Capital (Normalized)
7.40%
Return on Assets
PNV

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