Covalon Technologies Statistics

Total Valuation

TSXV:COV has a market cap or net worth of CAD 51.37 million. The enterprise value is 35.56 million.

Market Cap	51.37M
Enterprise Value	35.56M

Important Dates

The last earnings date was Wednesday, February 25, 2026.

Earnings Date	Feb 25, 2026
Ex-Dividend Date	Nov 4, 2025

Share Statistics

TSXV:COV has 27.62 million shares outstanding. The number of shares has increased by 7.87% in one year.

Current Share Class	27.62M
Shares Outstanding	27.62M
Shares Change (YoY)	+7.87%
Shares Change (QoQ)	+0.16%
Owned by Insiders (%)	30.22%
Owned by Institutions (%)	3.62%
Float	15.59M

Valuation Ratios

The trailing PE ratio is 54.12 and the forward PE ratio is 21.26.

PE Ratio	54.12
Forward PE	21.26
PS Ratio	1.63
PB Ratio	1.95
P/TBV Ratio	2.05
P/FCF Ratio	7.63
P/OCF Ratio	6.49
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 32.64, with an EV/FCF ratio of 5.28.

EV / Earnings	36.38
EV / Sales	1.13
EV / EBITDA	32.64
EV / EBIT	70.94
EV / FCF	5.28

Financial Position

The company has a current ratio of 5.69, with a Debt / Equity ratio of 0.08.

Current Ratio	5.69
Quick Ratio	4.12
Debt / Equity	0.08
Debt / EBITDA	1.90
Debt / FCF	0.31
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 3.43% and return on invested capital (ROIC) is 1.05%.

Return on Equity (ROE)	3.43%
Return on Assets (ROA)	0.93%
Return on Invested Capital (ROIC)	1.05%
Return on Capital Employed (ROCE)	1.79%
Weighted Average Cost of Capital (WACC)	3.76%
Revenue Per Employee	852,396
Profits Per Employee	26,417
Employee Count	37
Asset Turnover	0.93
Inventory Turnover	1.96

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -25.60% in the last 52 weeks. The beta is -0.06, so TSXV:COV's price volatility has been lower than the market average.

Beta (5Y)	-0.06
52-Week Price Change	-25.60%
50-Day Moving Average	1.72
200-Day Moving Average	2.14
Relative Strength Index (RSI)	61.54
Average Volume (20 Days)	22,966

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 31.54 million and earned 977,420 in profits. Earnings per share was 0.03.

Revenue	31.54M
Gross Profit	16.49M
Operating Income	501,248
Pretax Income	977,420
Net Income	977,420
EBITDA	762,673
EBIT	501,248
Earnings Per Share (EPS)	0.03

Full Income Statement

Balance Sheet

The company has 17.88 million in cash and 2.07 million in debt, giving a net cash position of 15.81 million or 0.57 per share.

Cash & Cash Equivalents	17.88M
Total Debt	2.07M
Net Cash	15.81M
Net Cash Per Share	0.57
Equity (Book Value)	26.39M
Book Value Per Share	0.96
Working Capital	22.87M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 7.92 million and capital expenditures -1.19 million, giving a free cash flow of 6.73 million.

Operating Cash Flow	7.92M
Capital Expenditures	-1.19M
Free Cash Flow	6.73M
FCF Per Share	0.24

Full Cash Flow Statement

Margins

Gross margin is 52.27%, with operating and profit margins of 1.59% and 3.10%.

Gross Margin	52.27%
Operating Margin	1.59%
Pretax Margin	3.10%
Profit Margin	3.10%
EBITDA Margin	2.42%
EBIT Margin	1.59%
FCF Margin	21.34%

Dividends & Yields

This stock pays an annual dividend of 0.15, which amounts to a dividend yield of 7.85%.

Dividend Per Share	0.15
Dividend Yield	7.85%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	1
Payout Ratio	423.84%
Buyback Yield	-7.87%
Shareholder Yield	-0.02%
Earnings Yield	1.90%
FCF Yield	13.10%

Dividend Details

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 6.45 and a Piotroski F-Score of 4.

Altman Z-Score	6.45
Piotroski F-Score	4