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Covalon Technologies Ltd COV

Morningstar Rating
CAD 1.11 +0.07 (6.73%)
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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

COV is trading at a 376% premium.
Price
CAD 1.04
Fair Value
CAD 6.61
Uncertainty
Extreme
1-Star Price
CAD 6.98
5-Star Price
CAD 8.68
Economic Moat
Lgrp
Capital Allocation
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News

Trading Information

Previous Close Price
CAD 1.04
Day Range
CAD 1.101.11
52-Week Range
CAD 0.962.14
Bid/Ask
CAD 1.10 / CAD 1.11
Market Cap
CAD 27.38 Mil
Volume/Avg
1,700 / 5,330

Key Statistics

Price/Earnings (Normalized)
Price/Sales
1.02
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
3.61%

Company Profile

Covalon Technologies Ltd is principally engaged in the business of developing, licensing, and selling medical technologies. The company develops wound care line which is designed for the treatment of a wide range of wounds; and infection prevention products such as MediClear PreOp which is a breathable, transparent, self-adhesive silicone barrier film that conforms to the contours of the body. It also develops perioperative care products. The company generates its revenue through development contracts, licensing agreements, and distribution contracts, and sales.
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Small Core
Total Number of Employees

Valuation

Metric
COV
Price/Earnings (Normalized)
Price/Book Value
1.45
Price/Sales
1.02
Price/Cash Flow
Price/Earnings
COV

Financial Strength

Metric
COV
Quick Ratio
3.10
Current Ratio
4.81
Interest Coverage
Quick Ratio
COV

Profitability

Metric
COV
Return on Assets (Normalized)
−16.77%
Return on Equity (Normalized)
−21.38%
Return on Invested Capital (Normalized)
−20.21%
Return on Assets
COV
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