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No complete published report is available for tsxv/COV (TSXV/COV) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSXV/COV (TSXV/COV)

TSX Venture Exchange: TSXV/COV · CAD

CA$4.50

+0.11 (+2.5%)· Recorded snapshot

Market cap	124.3M
Revenue (ttm)	34.3M
Net income (ttm)	4.4M
EPS (ttm)	CA$0.16
Shares out	27.6M
P/E (trailing)	28.3x
P/E (forward)	22.8x
Dividend	CA$0.15 (3.33%)
Volume	17,392
Beta	0.16

Market data

Price

Recent price action with selectable time range.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-12-16
Employees	37
Enterprise value	CAD 106.6M
Exchange	TSX Venture Exchange
Financial currency	CAD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	September
Founded	2004
Industry	Medical Instruments & Supplies
Is primary listing	Yes
ISIN number	CA22282D3022
Last earnings date	2026-08-27
Last refreshed	2026-10-28
Last stock split date	2013-07-16
Last stock split type	Reverse
Market cap	CAD 124.3M
Next earnings date	2026-12-16
Price	CAD 4.50
Price currency	CAD
Sector	Healthcare
SIC code	2836
Stock price date	2026-10-28
Symbol	tsxv/COV
Website	https://covalon.com

Metric

Value

Amount currency

CAD

Country

Canada

Country code

Earnings date

2026-12-16

Employees

Enterprise value

CAD 106.6M

Exchange

TSX Venture Exchange

Financial currency

CAD

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

September

Founded

2004

Industry

Medical Instruments & Supplies

Is primary listing

Yes

ISIN number

CA22282D3022

Last earnings date

2026-08-27

Last refreshed

2026-10-28

Last stock split date

2013-07-16

Last stock split type

Reverse

Market cap

CAD 124.3M

Next earnings date

2026-12-16

Price

CAD 4.50

Price currency

CAD

Sector

Healthcare

SIC code

2836

Stock price date

2026-10-28

Symbol

tsxv/COV

Website

https://covalon.com

Metric	Value
Adjusted P/E ratio	28.07x
Average P/E ratio (3Y)	27.29x
Earnings yield	3.54%
EV/Earnings	23.6x
EV/EBIT	26.24x
EV/EBITDA	23.22x
EV/FCF	18.67x
EV/Sales	3.01x
FCF / EV yield	5.36%
FCF yield	4.57%
Forward P/E	22.81x
Graham number	2.02302
Graham upside	-53.92%
P/(FCF - SBC) ratio	23.12x
P/(OCF - SBC) ratio	18.72x
P/B ratio	3.84x
P/E ratio	28.26x
P/FCF ratio	21.86x
P/OCF ratio	17.88x
P/S ratio	3.53x
Price / tangible book value	4.01x
Price/EBITDA ratio	29.92x

Metric

Value

Adjusted P/E ratio

28.07x

Average P/E ratio (3Y)

27.29x

Earnings yield

3.54%

EV/Earnings

23.6x

EV/EBIT

26.24x

EV/EBITDA

23.22x

EV/FCF

18.67x

EV/Sales

3.01x

FCF / EV yield

5.36%

FCF yield

4.57%

Forward P/E

22.81x

Graham number

2.02302

Graham upside

-53.92%

P/(FCF - SBC) ratio

23.12x

P/(OCF - SBC) ratio

18.72x

P/B ratio

3.84x

P/E ratio

28.26x

P/FCF ratio

21.86x

P/OCF ratio

17.88x

P/S ratio

3.53x

Price / tangible book value

4.01x

Price/EBITDA ratio

29.92x

Metric	Value
EBIT margin	11.49%
EBITDA margin	11.8%
FCF margin	16.15%
Gross margin	59.87%
Operating margin	11.49%
Pretax margin	12.78%
Profit margin	12.78%
Profit per employee	CAD 118,595
Profitable quarters	10
Profitable years	2
Revenue per employee	CAD 928,333
ROA	6.87%
ROA (5Y)	-3.39%
ROCE	11.99%
ROE	14.33%
ROE (5Y)	-6.46%
ROIC	7.68%
SBC / revenue	0.88%

Metric

Value

EBIT margin

11.49%

EBITDA margin

11.8%

FCF margin

16.15%

Gross margin

59.87%

Operating margin

11.49%

Pretax margin

12.78%

Profit margin

12.78%

Profit per employee

CAD 118,595

Profitable quarters

Profitable years

Revenue per employee

CAD 928,333

ROA

6.87%

ROA (5Y)

-3.39%

ROCE

11.99%

ROE

14.33%

ROE (5Y)

-6.46%

ROIC

7.68%

SBC / revenue

0.88%

Metric	Value
EPS growth	84.93%
EPS growth (Q)	4,225.26%
EPS growth (QoQ)	152.58%
EPS growth quarters	2
EPS growth years	0
FCF growth	22.34%
FCF growth (Q)	45.3%
FCF growth 5Y	44.51%
Gross profit growth	11.95%
Gross profit growth (Q)	73.3%
Gross profit growth 3Y	17.17%
Gross profit growth 5Y	102.36%
Net income growth	89.74%
Net income growth (Q)	4,253.37%
Net income growth (QoQ)	157.06%
Net income growth quarters	2
Net income growth years	0
OCF growth	33.46%
OCF growth (Q)	31.96%
OCF growth 5Y	49.4%
Operating income growth	80.79%
Revenue growth	4.11%
Revenue growth (Q)	19.93%
Revenue growth (QoQ)	15.06%
Revenue growth 10Y	15.78%
Revenue growth 3Y	11.04%
Revenue growth 5Y	39.17%
Revenue growth quarters	2
Revenue growth years	3

Metric

Value

EPS growth

84.93%

EPS growth (Q)

4,225.26%

EPS growth (QoQ)

152.58%

EPS growth quarters

EPS growth years

FCF growth

22.34%

FCF growth (Q)

45.3%

FCF growth 5Y

44.51%

Gross profit growth

11.95%

Gross profit growth (Q)

73.3%

Gross profit growth 3Y

17.17%

Gross profit growth 5Y

102.36%

Net income growth

89.74%

Net income growth (Q)

4,253.37%

Net income growth (QoQ)

157.06%

Net income growth quarters

Net income growth years

OCF growth

33.46%

OCF growth (Q)

31.96%

OCF growth 5Y

49.4%

Operating income growth

80.79%

Revenue growth

4.11%

Revenue growth (Q)

19.93%

Revenue growth (QoQ)

15.06%

Revenue growth 10Y

15.78%

Revenue growth 3Y

11.04%

Revenue growth 5Y

39.17%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	CAD -1.2M
Depreciation and amortization	CAD 106,902
EBIT	CAD 3.9M
EBITDA	CAD 4.1M
EPS	CAD 0.16
FCF per share	CAD 0.20
Financing cash flow	CAD -4.8M
Free cash flow	CAD 5.5M
Free cash flow minus SBC	CAD 5.2M
Gross profit	CAD 20.6M
Investing cash flow	CAD -1.4M
Net borrowing	CAD -755,710
Net cash flow	CAD 1.3M
Net income	CAD 4.4M
Operating cash flow minus SBC	CAD 6.5M
Operating income	CAD 3.9M
Revenue	CAD 34.3M
Stock-based compensation	CAD 300,950

Metric

Value

Capital expenditures

CAD -1.2M

Depreciation and amortization

CAD 106,902

EBIT

CAD 3.9M

EBITDA

CAD 4.1M

EPS

CAD 0.16

FCF per share

CAD 0.20

Financing cash flow

CAD -4.8M

Free cash flow

CAD 5.5M

Free cash flow minus SBC

CAD 5.2M

Gross profit

CAD 20.6M

Investing cash flow

CAD -1.4M

Net borrowing

CAD -755,710

Net cash flow

CAD 1.3M

Net income

CAD 4.4M

Operating cash flow minus SBC

CAD 6.5M

Operating income

CAD 3.9M

Revenue

CAD 34.3M

Stock-based compensation

CAD 300,950

Metric	Value
Altman Z-Score	7.64
Book value per share	CAD 1.14
Debt / EBITDA	0.38
Debt / equity	0.05
Debt / FCF	0.3
Long-term assets	CAD 5.1M
Long-term liabilities	CAD 1.3M
Net cash (debt)	CAD 17.7M
Net cash / market cap	14.6%
Net cash growth	5.27%
Net debt / EBITDA	-4.37
Net debt / equity	-0.56
Net debt / FCF	-3.19
Piotroski F-Score	6
Property, plant and equipment	CAD 3.8M
Shareholders' equity	CAD 31.5M
Tangible book value	CAD 30.3M
Tangible book value per share	CAD 1.10
Total assets	CAD 36.6M
Total cash	CAD 19.4M
Total debt	CAD 1.7M
Total liabilities	CAD 5M
WACC	5.08%

Metric

Value

Altman Z-Score

7.64

Book value per share

CAD 1.14

Debt / EBITDA

0.38

Debt / equity

0.05

Debt / FCF

0.3

Long-term assets

CAD 5.1M

Long-term liabilities

CAD 1.3M

Net cash (debt)

CAD 17.7M

Net cash / market cap

14.6%

Net cash growth

5.27%

Net debt / EBITDA

-4.37

Net debt / equity

-0.56

Net debt / FCF

-3.19

Piotroski F-Score

Property, plant and equipment

CAD 3.8M

Shareholders' equity

CAD 31.5M

Tangible book value

CAD 30.3M

Tangible book value per share

CAD 1.10

Total assets

CAD 36.6M

Total cash

CAD 19.4M

Total debt

CAD 1.7M

Total liabilities

CAD 5M

WACC

5.08%

Metric	Value
Asset turnover	0.96
Current assets	CAD 31.5M
Current liabilities	CAD 3.7M
Current ratio	8.56
Inventory turnover	1.82
Net working capital	CAD 8.7M
Quick ratio	6.51
Working capital	CAD 27.8M
Working capital turnover	1.26

Metric

Value

Asset turnover

0.96

Current assets

CAD 31.5M

Current liabilities

CAD 3.7M

Current ratio

8.56

Inventory turnover

1.82

Net working capital

CAD 8.7M

Quick ratio

6.51

Working capital

CAD 27.8M

Working capital turnover

1.26

Metric	Value
Buyback yield / dilution	-1.25%
Dividend growth	0%
Dividend growth years	0
Dividend payment date	2025-11-18
Dividend payment years	1
Dividend per share	CAD 0.15
Dividend yield	3.33%
Ex-dividend date	2025-11-04
FCF payout ratio	74.7%
Last dividend	CAD 0.15
Payout ratio	94.41%
Shareholder yield	2.17%

Metric

Value

Buyback yield / dilution

-1.25%

Dividend growth

Dividend growth years

Dividend payment date

2025-11-18

Dividend payment years

Dividend per share

CAD 0.15

Dividend yield

3.33%

Ex-dividend date

2025-11-04

FCF payout ratio

74.7%

Last dividend

CAD 0.15

Payout ratio

94.41%

Shareholder yield

2.17%

Metric	Value
10Y price change	155.68%
10Y return CAGR	10.6%
10Y total return	173.95%
150-day SMA	CAD 2.57
15Y price change	200%
15Y return CAGR	8.1%
15Y total return	221.43%
1D price change	2.51%
1M price change	6.13%
1M total return	6.13%
1W price change	3.93%
1W total return	3.93%
1Y price change	100.89%
1Y return CAGR	115.36%
1Y total return	115.24%
20-day SMA	CAD 4.07
200-day SMA	CAD 2.36
20Y price change	-4.26%
20Y return CAGR	0.13%
20Y total return	2.58%
3M price change	105.48%
3M total return	105.48%
3Y price change	316.67%
3Y return CAGR	64.64%
3Y total return	346.43%
50-day SMA	CAD 3.59
50-day SMA vs 200-day SMA	50over200
52-week high	CAD 4.59
52-week high date	2026-09-29
52-week low	CAD 1.55
52-week low date	2026-02-10
5Y price change	80%
5Y return CAGR	14.04%
5Y total return	92.86%
6M price change	136.84%
6M total return	136.84%
All-time high	CAD 38.50
All-time high date	2007-11-06
All-time low	CAD 0.13
All-time low date	2013-07-29
Average true range (ATR)	CAD 0.22
Average volume	22K
Beta (1Y)	0.45
Beta (2Y)	0.22
Beta (5Y)	0.16
Change from 52-week high	-1.96%
Change from 52-week low	190.32%
Change from all-time high	-88.31%
Change from all-time low	3,361.54%
Change from open	2.27%
Day's gap	0.23%
Dollar volume	CAD 78,264
High price	CAD 4.50
Low price	CAD 4.39
Monthly RSI	75.76
Open price	CAD 4.40
Position in 52-week range	100%
Previous close	CAD 4.39
Price vs 150-day SMA	75.1%
Price vs 20-day SMA	10.65%
Price vs 200-day SMA	90.92%
Price vs 50-day SMA	25.49%
Relative volume	0.79
RSI	62.43
Sharpe ratio	1.56
Sharpe ratio (3Y)	0.69
Sharpe ratio (5Y)	0.67
Sortino ratio	2.89
Sortino ratio (3Y)	1.25
Sortino ratio (5Y)	1.17
Volume	17.4K
Weekly RSI	83.6
YTD price change	158.62%
YTD total return	158.62%

Metric

Value

10Y price change

155.68%

10Y return CAGR

10.6%

10Y total return

173.95%

150-day SMA

CAD 2.57

15Y price change

200%

15Y return CAGR

8.1%

15Y total return

221.43%

1D price change

2.51%

1M price change

6.13%

1M total return

6.13%

1W price change

3.93%

1W total return

3.93%

1Y price change

100.89%

1Y return CAGR

115.36%

1Y total return

115.24%

20-day SMA

CAD 4.07

200-day SMA

CAD 2.36

20Y price change

-4.26%

20Y return CAGR

0.13%

20Y total return

2.58%

3M price change

105.48%

3M total return

105.48%

3Y price change

316.67%

3Y return CAGR

64.64%

3Y total return

346.43%

50-day SMA

CAD 3.59

50-day SMA vs 200-day SMA

50over200

52-week high

CAD 4.59

52-week high date

2026-09-29

52-week low

CAD 1.55

52-week low date

2026-02-10

5Y price change

80%

5Y return CAGR

14.04%

5Y total return

92.86%

6M price change

136.84%

6M total return

136.84%

All-time high

CAD 38.50

All-time high date

2007-11-06

All-time low

CAD 0.13

All-time low date

2013-07-29

Average true range (ATR)

CAD 0.22

Average volume

22K

Beta (1Y)

0.45

Beta (2Y)

0.22

Beta (5Y)

0.16

Change from 52-week high

-1.96%

Change from 52-week low

190.32%

Change from all-time high

-88.31%

Change from all-time low

3,361.54%

Change from open

2.27%

Day's gap

0.23%

Dollar volume

CAD 78,264

High price

CAD 4.50

Low price

CAD 4.39

Monthly RSI

75.76

Open price

CAD 4.40

Position in 52-week range

100%

Previous close

CAD 4.39

Price vs 150-day SMA

75.1%

Price vs 20-day SMA

10.65%

Price vs 200-day SMA

90.92%

Price vs 50-day SMA

25.49%

Relative volume

0.79

RSI

62.43

Sharpe ratio

1.56

Sharpe ratio (3Y)

0.69

Sharpe ratio (5Y)

0.67

Sortino ratio

2.89

Sortino ratio (3Y)

1.25

Sortino ratio (5Y)

1.17

Volume

17.4K

Weekly RSI

83.6

YTD price change

158.62%

YTD total return

158.62%

Metric	Value
Float	14.9M
Shares change (QoQ)	0.38%
Shares change (YoY)	1.25%
Shares held by insiders	32.57%
Shares held by institutions	3.62%
Shares outstanding	27.6M

Metric

Value

Float

14.9M

Shares change (QoQ)

0.38%

Shares change (YoY)

1.25%

Shares held by insiders

32.57%

Shares held by institutions

3.62%

Shares outstanding

27.6M

TSXV/COV (TSXV/COV)

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Financial snapshot

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