Covalon Technologies Ltd
XTSX:COV

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Covalon Technologies Ltd
XTSX:COV
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Price: 1.77 CAD -1.67%
Market Cap: 48.9m CAD
Section:
 

Relative Value

The Relative Value of one COV stock under the Base Case scenario is 2.92 CAD. Compared to the current market price of 1.77 CAD, Covalon Technologies Ltd is Undervalued by 39%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

COV Relative Value
Base Case
2.92 CAD
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.5
P/S
P/S
Price to Sales
1.5
vs History
74
vs Industry
79
Median 3Y
2
Median 5Y
1.8
Industry
7.9
Forward
1.3
More Details
21
P/E
P/E
Price to Earnings
21
vs History
14
vs Industry
9
Median 3Y
-6
Median 5Y
-4
Industry
23.7
Forward
170.6
More Details
9.6
P/OCF
P/OCF
Price to OCF
9.6
vs History
38
vs Industry
10
Median 3Y
-7.7
Median 5Y
2.3
Industry
22
More Details
13.3
P/FCFE
P/FCFE
Price to FCFE
13.3
vs History
28
vs Industry
8
Median 3Y
-6.3
Median 5Y
-4.2
Industry
23.8
More Details
1.6
P/B
P/B
Price to Book Value
1.6
vs History
90
vs Industry
41
Median 3Y
2.2
Median 5Y
2.3
Industry
3.3
More Details
0.9
EV/S
EV/S
Enterprise Value to Sales
0.9
vs History
85
vs Industry
72
Median 3Y
1.5
Median 5Y
1.5
Industry
8.3
Forward
0.8
More Details
1.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.7
vs History
88
vs Industry
69
Median 3Y
2.6
Median 5Y
3.1
Industry
10.1
More Details
10
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10
vs History
23
vs Industry
12
Median 3Y
-5
Median 5Y
-5
Industry
6.4
Forward
17.6
More Details
14.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
14.3
vs History
20
vs Industry
11
Median 3Y
-4.1
Median 5Y
-4.5
Industry
7
Forward
67.3
More Details
6.1
EV/OCF
EV/OCF
Enterprise Value to OCF
6.1
vs History
38
vs Industry
12
Median 3Y
-6
Median 5Y
1.6
Industry
8.3
More Details
7.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
7.1
vs History
38
vs Industry
8
Median 3Y
-4.9
Median 5Y
1.6
Industry
6.5
More Details
2.4
EV/IC
EV/IC
Enterprise Value to IC
2.4
vs History
68
vs Industry
38
Median 3Y
3.2
Median 5Y
3.1
Industry
5.7
More Details

Multiples Across Competitors

COV Competitors Multiples
Covalon Technologies Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Covalon Technologies Ltd
XTSX:COV
48.5m CAD 1.5 21 10 14.3
FR
Pharnext SCA
OTC:PNEXF
6T USD 33 770 229.5 -160 504.9 -194 904.1 -192 680.1
US
Abbvie Inc
NYSE:ABBV
396.2B USD 6.7 169 16.4 23.2
US
Amgen Inc
NASDAQ:AMGN
176.3B USD 4.9 25.2 18.2 18.2
US
Gilead Sciences Inc
NASDAQ:GILD
147.9B USD 5.1 18.2 12.2 12.2
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
115.4B USD 9.9 31.4 23 24.1
US
Epizyme Inc
F:EPE
94.1B EUR 2 086.1 -532.3 -579.6 -564.2
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
78.7B USD 5.5 17.2 16.4 18.6
AU
CSL Ltd
ASX:CSL
84B AUD 3.6 18.5 12.5 15.6
NL
argenx SE
XBRU:ARGX
44.9B EUR 14.7 34.5 59.4 61.1
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
51.9B USD 16.2 1 192.5 156.6 189.9
P/E Multiple
Earnings Growth PEG
CA
Covalon Technologies Ltd
XTSX:COV
Average P/E: 169.7
21
22%
1
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 504.9 N/A N/A
US
Abbvie Inc
NYSE:ABBV
169
89%
1.9
US
Amgen Inc
NASDAQ:AMGN
25.2
45%
0.6
US
Gilead Sciences Inc
NASDAQ:GILD
18.2
190%
0.1
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
31.4
N/A N/A
US
E
Epizyme Inc
F:EPE
Negative Multiple: -532.3 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
17.2
9%
1.9
AU
CSL Ltd
ASX:CSL
18.5
11%
1.7
NL
argenx SE
XBRU:ARGX
34.5
40%
0.9
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
1 192.5
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Covalon Technologies Ltd
XTSX:COV
Average EV/EBITDA: 36.1
10
27%
0.4
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -194 904.1 N/A N/A
US
Abbvie Inc
NYSE:ABBV
16.4
14%
1.2
US
Amgen Inc
NASDAQ:AMGN
18.2
11%
1.7
US
Gilead Sciences Inc
NASDAQ:GILD
12.2
7%
1.7
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
23
16%
1.4
US
E
Epizyme Inc
F:EPE
Negative Multiple: -579.6 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
16.4
11%
1.5
AU
CSL Ltd
ASX:CSL
12.5
8%
1.6
NL
argenx SE
XBRU:ARGX
59.4
807%
0.1
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
156.6
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Covalon Technologies Ltd
XTSX:COV
Average EV/EBIT: 41.9
14.3
46%
0.3
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -192 680.1 N/A N/A
US
Abbvie Inc
NYSE:ABBV
23.2
30%
0.8
US
Amgen Inc
NASDAQ:AMGN
18.2
20%
0.9
US
Gilead Sciences Inc
NASDAQ:GILD
12.2
12%
1
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
24.1
16%
1.5
US
E
Epizyme Inc
F:EPE
Negative Multiple: -564.2 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
18.6
13%
1.4
AU
CSL Ltd
ASX:CSL
15.6
11%
1.4
NL
argenx SE
XBRU:ARGX
61.1
N/A N/A
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
189.9
N/A N/A

See Also

Summary
COV intrinsic value, competitors valuation, and company profile.
DCF Valuation
COV stock valuation using Discount Cash Flow valuation method.
Relative Valuation
COV stock valuation using valuation multiples.
Wall Street Estimates
COV price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
COV stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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