COVEO SOLUTIONS INC-SUB VTG (CVO.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CVO - CA22289D1078 - Common Stock
7.11 CAD
+0.04 (+0.57%)
CVO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 68 industry peers in the Software industry. CVO scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. CVO is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
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.
1.2 Ratios
- CVO has a Return On Assets of -10.07%. This is comparable to the rest of the industry: CVO outperforms 44.12% of its industry peers.
- With a Return On Equity value of -19.18%, CVO perfoms like the industry average, outperforming 47.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.07% | ||
| ROE | -19.18% | ||
| 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
1.3 Margins
- CVO's Gross Margin of 78.31% is amongst the best of the industry. CVO outperforms 85.29% of its industry peers.
- CVO's Gross Margin has been stable in the last couple of years.
- The Profit Margin and Operating Margin are not available for CVO so they could not be analyzed.
| Industry Rank | Sector 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%
2. Health
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
- Compared to 1 year ago, CVO has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of -0.89, we must say that CVO is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of CVO (-0.89) is worse than 66.18% of its industry peers.
- CVO has a debt to FCF ratio of 7.42. This is a slightly negative value and a sign of low solvency as CVO would need 7.42 years to pay back of all of its debts.
- The Debt to FCF ratio of CVO (7.42) is better than 64.71% of its industry peers.
- CVO has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
- CVO has a better Debt to Equity ratio (0.07) than 63.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 7.42 | ||
| Altman-Z | -0.89 |
ROIC/WACCN/A
WACC10.25%
2.3 Liquidity
- CVO has a Current Ratio of 1.69. 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 better Current ratio (1.69) than 60.29% of its industry peers.
- CVO has a Quick Ratio of 1.69. 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 1.69. This is in the better half of the industry: CVO outperforms 60.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
- CVO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.33%, which is quite impressive.
- Looking at the last year, CVO shows a quite strong growth in Revenue. The Revenue has grown by 9.20% in the last year.
- CVO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.16% yearly.
EPS 1Y (TTM)33.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%240%
Revenue 1Y (TTM)9.2%
Revenue growth 3Y15.5%
Revenue growth 5Y19.16%
Sales Q2Q%14.04%
3.2 Future
- The Earnings Per Share is expected to grow by 45.93% on average over the next years. This is a very strong growth
- 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-226.25%
EPS Next 2Y30.74%
EPS Next 3Y45.93%
EPS Next 5YN/A
Revenue Next Year10.73%
Revenue Next 2Y12.37%
Revenue Next 3Y13.53%
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.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for CVO. In the last year negative earnings were reported.
- CVO is valuated quite expensively with a Price/Forward Earnings ratio of 115.19.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CVO indicates a somewhat cheap valuation: CVO is cheaper than 60.29% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, CVO is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 115.19 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of CVO indicates a somewhat cheap valuation: CVO is cheaper than 63.24% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 366.58 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- CVO's earnings are expected to grow with 45.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.74%
EPS Next 3Y45.93%
5. Dividend
5.1 Amount
- No dividends for CVO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:CVO (1/16/2026, 7:00:00 PM)
7.11
+0.04 (+0.57%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)10-30 2025-10-30/amc
Earnings (Next)01-29 2026-01-29
Inst Owners31.3%
Inst Owner ChangeN/A
Ins Owners0.59%
Ins Owner ChangeN/A
Market Cap708.23M
Revenue(TTM)141.20M
Net Income(TTM)-21.71M
Analysts73.33
Price Target10.76 (51.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)1
Avg EPS beat(2)-285.63%
Min EPS beat(2)-1087.53%
Max EPS beat(2)516.26%
EPS beat(4)2
Avg EPS beat(4)-175.82%
Min EPS beat(4)-1088.12%
Max EPS beat(4)956.11%
EPS beat(8)5
Avg EPS beat(8)-60.6%
EPS beat(12)8
Avg EPS beat(12)-12.69%
EPS beat(16)12
Avg EPS beat(16)1.88%
Revenue beat(2)1
Avg Revenue beat(2)0.19%
Min Revenue beat(2)-0.03%
Max Revenue beat(2)0.4%
Revenue beat(4)1
Avg Revenue beat(4)-0.29%
Min Revenue beat(4)-1.06%
Max Revenue beat(4)0.4%
Revenue beat(8)3
Avg Revenue beat(8)-0.2%
Revenue beat(12)5
Avg Revenue beat(12)-0.14%
Revenue beat(16)9
Avg Revenue beat(16)0.93%
PT rev (1m)0%
PT rev (3m)-12.7%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)-100%
EPS NY rev (1m)0%
EPS NY rev (3m)-16.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 115.19 | ||
| P/S | 3.61 | ||
| P/FCF | 366.58 | ||
| P/OCF | 174.93 | ||
| P/B | 4.5 | ||
| P/tB | 6.07 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.02
EYN/A
EPS(NY)0.06
Fwd EY0.87%
FCF(TTM)0.02
FCFY0.27%
OCF(TTM)0.04
OCFY0.57%
SpS1.97
BVpS1.58
TBVpS1.17
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.07% | ||
| ROE | -19.18% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 78.31% | ||
| FCFM | 0.99% |
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 Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 7.42 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 21.2% | ||
| Cap/Sales | 1.08% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.69 | ||
| Altman-Z | -0.89 |
F-Score4
WACC10.25%
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)33.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%240%
EPS Next Y-226.25%
EPS Next 2Y30.74%
EPS Next 3Y45.93%
EPS Next 5YN/A
Revenue 1Y (TTM)9.2%
Revenue growth 3Y15.5%
Revenue growth 5Y19.16%
Sales Q2Q%14.04%
Revenue Next Year10.73%
Revenue Next 2Y12.37%
Revenue Next 3Y13.53%
Revenue Next 5Y32.53%
EBIT growth 1Y-12.72%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year97.96%
EBIT Next 3Y59.77%
EBIT Next 5Y120.7%
FCF growth 1Y127.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y183.12%
OCF growth 3YN/A
OCF growth 5YN/A
COVEO SOLUTIONS INC-SUB VTG / CVO.CA FAQ
What is the fundamental rating for CVO stock?
ChartMill assigns a fundamental rating of 4 / 10 to CVO.CA.
Can you provide the valuation status for COVEO SOLUTIONS INC-SUB VTG?
ChartMill assigns a valuation rating of 2 / 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.