COVEO SOLUTIONS INC-SUB VTG (CVO.CA) Fundamental Analysis & Valuation

TSX:CVO • CA22289D1078

Current stock price

4.41 CAD
+0.15 (+3.52%)
Last:

This CVO.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. CVO.CA Profitability Analysis

1.1 Basic Checks

  • CVO had negative earnings in the past year.
  • CVO had a positive operating cash flow in the past year.
  • In the past 5 years CVO reported 4 times negative net income.
  • In multiple years CVO reported negative operating cash flow during the last 5 years.
CVO.CA Yearly Net Income VS EBIT VS OCF VS FCFCVO.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M -400M -600M

1.2 Ratios

  • CVO's Return On Assets of -15.30% is in line compared to the rest of the industry. CVO outperforms 44.78% of its industry peers.
  • The Return On Equity of CVO (-34.09%) is comparable to the rest of the industry.
Industry RankSector Rank
ROA -15.3%
ROE -34.09%
ROIC N/A
ROA(3y)-9.13%
ROA(5y)-43.11%
ROE(3y)-14.08%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
CVO.CA Yearly ROA, ROE, ROICCVO.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2025 0 100 -100 -200 -300

1.3 Margins

  • CVO has a better Gross Margin (78.31%) than 82.09% of its industry peers.
  • CVO's Gross Margin has been stable in the last couple of years.
  • CVO does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 78.31%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.53%
GM growth 5Y0.5%
CVO.CA Yearly Profit, Operating, Gross MarginsCVO.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 2025 0 -500

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5

2. CVO.CA Health Analysis

2.1 Basic Checks

  • CVO does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, CVO has less shares outstanding
  • Compared to 5 years ago, CVO has less shares outstanding
  • CVO has a better debt/assets ratio than last year.
CVO.CA Yearly Shares OutstandingCVO.CA Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
CVO.CA Yearly Total Debt VS Total AssetsCVO.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

2.2 Solvency

  • Based on the Altman-Z score of -2.60, we must say that CVO is in the distress zone and has some risk of bankruptcy.
  • With a Altman-Z score value of -2.60, CVO is not doing good in the industry: 68.66% of the companies in the same industry are doing better.
  • CVO has a debt to FCF ratio of 7.74. This is a slightly negative value and a sign of low solvency as CVO would need 7.74 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 7.74, CVO is in the better half of the industry, outperforming 61.19% of the companies in the same industry.
  • A Debt/Equity ratio of 0.14 indicates that CVO is not too dependend on debt financing.
  • The Debt to Equity ratio of CVO (0.14) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.14
Debt/FCF 7.74
Altman-Z -2.6
ROIC/WACCN/A
WACC9.86%
CVO.CA Yearly LT Debt VS Equity VS FCFCVO.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 2025 0 500M -500M

2.3 Liquidity

  • CVO has a Current Ratio of 1.47. This is a normal value and indicates that CVO is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.47, CVO is in the better half of the industry, outperforming 61.19% of the companies in the same industry.
  • CVO has a Quick Ratio of 1.47. This is a normal value and indicates that CVO is financially healthy and should not expect problems in meeting its short term obligations.
  • CVO has a Quick ratio of 1.47. This is in the better half of the industry: CVO outperforms 61.19% of its industry peers.
Industry RankSector Rank
Current Ratio 1.47
Quick Ratio 1.47
CVO.CA Yearly Current Assets VS Current LiabilitesCVO.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. CVO.CA Growth Analysis

3.1 Past

  • CVO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -290.91%.
  • The Revenue has grown by 10.45% in the past year. This is quite good.
  • The Revenue has been growing by 19.16% on average over the past years. This is quite good.
EPS 1Y (TTM)-290.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-137.5%
Revenue 1Y (TTM)10.45%
Revenue growth 3Y15.5%
Revenue growth 5Y19.16%
Sales Q2Q%11.94%

3.2 Future

  • Based on estimates for the next years, CVO will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.78% on average per year.
  • Based on estimates for the next years, CVO will show a very strong growth in Revenue. The Revenue will grow by 32.53% on average per year.
EPS Next Y-284.52%
EPS Next 2Y-3.44%
EPS Next 3Y10.78%
EPS Next 5YN/A
Revenue Next Year11.05%
Revenue Next 2Y11.82%
Revenue Next 3Y13.54%
Revenue Next 5Y32.53%

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
CVO.CA Yearly Revenue VS EstimatesCVO.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 100M 200M 300M 400M 500M
CVO.CA Yearly EPS VS EstimatesCVO.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 0 -0.1 -0.2 -0.3 -0.4 -0.5

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1

4. CVO.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for CVO. In the last year negative earnings were reported.
  • With a Price/Forward Earnings ratio of 132.64, CVO can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CVO indicates a somewhat cheap valuation: CVO is cheaper than 61.19% of the companies listed in the same industry.
  • CVO is valuated expensively when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 132.64
CVO.CA Price Earnings VS Forward Price EarningsCVO.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 100

4.2 Price Multiples

  • CVO's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 145.33
EV/EBITDA N/A
CVO.CA Per share dataCVO.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1 1.5 2

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.44%
EPS Next 3Y10.78%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. CVO.CA Dividend Analysis

5.1 Amount

  • CVO does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CVO.CA Fundamentals: All Metrics, Ratios and Statistics

COVEO SOLUTIONS INC-SUB VTG

TSX:CVO (3/23/2026, 7:00:00 PM)

4.41

+0.15 (+3.52%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)01-29
Earnings (Next)05-18
Inst Owners41.69%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap413.44M
Revenue(TTM)145.25M
Net Income(TTM)-32.95M
Analysts73.33
Price Target9.84 (123.13%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)0.67%
Min Revenue beat(2)0.4%
Max Revenue beat(2)0.95%
Revenue beat(4)2
Avg Revenue beat(4)0.07%
Min Revenue beat(4)-1.06%
Max Revenue beat(4)0.95%
Revenue beat(8)3
Avg Revenue beat(8)-0.17%
Revenue beat(12)5
Avg Revenue beat(12)-0.13%
Revenue beat(16)9
Avg Revenue beat(16)0.67%
PT rev (1m)0%
PT rev (3m)-8.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-46.15%
EPS NY rev (3m)-46.15%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)-0.33%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)0.29%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 132.64
P/S 2.08
P/FCF 145.33
P/OCF 84.88
P/B 3.12
P/tB 4.44
EV/EBITDA N/A
EPS(TTM)-0.17
EYN/A
EPS(NY)0.03
Fwd EY0.75%
FCF(TTM)0.03
FCFY0.69%
OCF(TTM)0.05
OCFY1.18%
SpS2.13
BVpS1.41
TBVpS0.99
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -15.3%
ROE -34.09%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 78.31%
FCFM 1.43%
ROA(3y)-9.13%
ROA(5y)-43.11%
ROE(3y)-14.08%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.53%
GM growth 5Y0.5%
F-Score4
Asset Turnover0.67
Health
Industry RankSector Rank
Debt/Equity 0.14
Debt/FCF 7.74
Debt/EBITDA N/A
Cap/Depr 16.37%
Cap/Sales 1.02%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.47
Quick Ratio 1.47
Altman-Z -2.6
F-Score4
WACC9.86%
ROIC/WACCN/A
Cap/Depr(3y)12.77%
Cap/Depr(5y)21.5%
Cap/Sales(3y)1.15%
Cap/Sales(5y)2.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-290.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-137.5%
EPS Next Y-284.52%
EPS Next 2Y-3.44%
EPS Next 3Y10.78%
EPS Next 5YN/A
Revenue 1Y (TTM)10.45%
Revenue growth 3Y15.5%
Revenue growth 5Y19.16%
Sales Q2Q%11.94%
Revenue Next Year11.05%
Revenue Next 2Y11.82%
Revenue Next 3Y13.54%
Revenue Next 5Y32.53%
EBIT growth 1Y-21.37%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year74.06%
EBIT Next 3Y48.65%
EBIT Next 5Y120.7%
FCF growth 1Y122.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y147.08%
OCF growth 3YN/A
OCF growth 5YN/A

COVEO SOLUTIONS INC-SUB VTG / CVO.CA Fundamental Analysis FAQ

What is the fundamental rating for CVO stock?

ChartMill assigns a fundamental rating of 3 / 10 to CVO.CA.


Can you provide the valuation status for COVEO SOLUTIONS INC-SUB VTG?

ChartMill assigns a valuation rating of 1 / 10 to COVEO SOLUTIONS INC-SUB VTG (CVO.CA). This can be considered as Overvalued.


Can you provide the profitability details for COVEO SOLUTIONS INC-SUB VTG?

COVEO SOLUTIONS INC-SUB VTG (CVO.CA) has a profitability rating of 2 / 10.


What is the financial health of COVEO SOLUTIONS INC-SUB VTG (CVO.CA) stock?

The financial health rating of COVEO SOLUTIONS INC-SUB VTG (CVO.CA) is 5 / 10.