NEOVASC INC (NVCN) Fundamental Analysis & Valuation

NASDAQ:NVCN • CA64065J4037

Current stock price

30.03 USD
+0.49 (+1.66%)
At close:
29.425 USD
-0.61 (-2.01%)
Pre-Market:

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

1

1. NVCN Profitability Analysis

1.1 Basic Checks

  • NVCN had negative earnings in the past year.
  • In the past year NVCN has reported a negative cash flow from operations.
NVCN Yearly Net Income VS EBIT VS OCF VS FCFNVCN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 -20M -40M -60M -80M -100M

1.2 Ratios

  • NVCN has negative profitability rations, so we won't be analyzing them here.
Industry RankSector Rank
ROA N/A
ROE N/A
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
NVCN Yearly ROA, ROE, ROICNVCN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 0 500 -500 1K -1K

1.3 Margins

  • NVCN has a Gross Margin of 79.66%. This is amongst the best in the industry. NVCN outperforms 90.57% of its industry peers.
  • NVCN's Gross Margin has improved in the last couple of years.
  • The Profit Margin and Operating Margin are not available for NVCN so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 79.66%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.71%
GM growth 5Y17.59%
NVCN Yearly Profit, Operating, Gross MarginsNVCN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 0 -2K -4K -6K

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. NVCN Health Analysis

2.1 Basic Checks

  • NVCN does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • NVCN has more shares outstanding than it did 1 year ago.
  • Compared to 1 year ago, NVCN has a worse debt to assets ratio.
NVCN Yearly Shares OutstandingNVCN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 5M 10M 15M 20M 25M
NVCN Yearly Total Debt VS Total AssetsNVCN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 20M 40M 60M 80M

2.2 Solvency

  • NVCN has an Altman-Z score of -16.71. This is a bad value and indicates that NVCN is not financially healthy and even has some risk of bankruptcy.
  • NVCN has a worse Altman-Z score (-16.71) than 87.26% of its industry peers.
  • A Debt/Equity ratio of 0.81 indicates that NVCN is somewhat dependend on debt financing.
  • NVCN's Debt to Equity ratio of 0.81 is on the low side compared to the rest of the industry. NVCN is outperformed by 75.94% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.81
Debt/FCF N/A
Altman-Z -16.71
ROIC/WACCN/A
WACC9.15%
NVCN Yearly LT Debt VS Equity VS FCFNVCN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 0 50M -50M -100M

2.3 Liquidity

  • A Current Ratio of 2.96 indicates that NVCN has no problem at all paying its short term obligations.
  • NVCN has a Current ratio (2.96) which is in line with its industry peers.
  • A Quick Ratio of 2.85 indicates that NVCN has no problem at all paying its short term obligations.
  • NVCN's Quick ratio of 2.85 is in line compared to the rest of the industry. NVCN outperforms 52.83% of its industry peers.
Industry RankSector Rank
Current Ratio 2.96
Quick Ratio 2.85
NVCN Yearly Current Assets VS Current LiabilitesNVCN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 20M 40M 60M 80M 100M

More info and screens

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

1

3. NVCN Growth Analysis

3.1 Past

  • The earnings per share for NVCN have decreased strongly by -1143.35% in the last year.
  • Looking at the last year, NVCN shows a very strong growth in Revenue. The Revenue has grown by 49.47%.
  • The Revenue has been decreasing by -6.73% on average over the past years.
EPS 1Y (TTM)-1143.35%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-121.5%
Revenue 1Y (TTM)49.47%
Revenue growth 3Y22.11%
Revenue growth 5Y-6.73%
Sales Q2Q%91.39%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
NVCN Yearly Revenue VS EstimatesNVCN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2M 4M 6M 8M
NVCN Yearly EPS VS EstimatesNVCN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 -10K -20K -30K

More info and screens

Find the best growth stocksShow best growing peers

0

4. NVCN Valuation Analysis

4.1 Price/Earnings Ratio

  • NVCN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NVCN Price Earnings VS Forward Price EarningsNVCN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NVCN Per share dataNVCN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -20 -40 -60 -80 -100

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

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

0

5. NVCN Dividend Analysis

5.1 Amount

  • No dividends for NVCN!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

NVCN Fundamentals: All Metrics, Ratios and Statistics

NEOVASC INC

NASDAQ:NVCN (4/10/2023, 8:00:02 PM)

Premarket: 29.425 -0.61 (-2.01%)

30.03

+0.49 (+1.66%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)03-23
Earnings (Next)05-10
Inst Owners14.64%
Inst Owner Change-24.47%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap82.70M
Revenue(TTM)3.81M
Net Income(TTM)-41.20M
Analysts85.71
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 21.73
P/FCF N/A
P/OCF N/A
P/B 5.22
P/tB 5.22
EV/EBITDA N/A
EPS(TTM)-105.01
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-9.07
FCFYN/A
OCF(TTM)-9.05
OCFYN/A
SpS1.38
BVpS5.75
TBVpS5.75
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA N/A
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 79.66%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
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 3Y0.71%
GM growth 5Y17.59%
F-Score3
Asset Turnover0.1
Health
Industry RankSector Rank
Debt/Equity 0.81
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 16.27%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.96
Quick Ratio 2.85
Altman-Z -16.71
F-Score3
WACC9.15%
ROIC/WACCN/A
Cap/Depr(3y)28.29%
Cap/Depr(5y)34.48%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1143.35%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-121.5%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)49.47%
Revenue growth 3Y22.11%
Revenue growth 5Y-6.73%
Sales Q2Q%91.39%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-13.31%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y8.41%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y8.05%
OCF growth 3YN/A
OCF growth 5YN/A

NEOVASC INC / NVCN Fundamental Analysis FAQ

What is the fundamental rating for NVCN stock?

ChartMill assigns a fundamental rating of 2 / 10 to NVCN.


Can you provide the valuation status for NEOVASC INC?

ChartMill assigns a valuation rating of 1 / 10 to NEOVASC INC (NVCN). This can be considered as Overvalued.


How profitable is NEOVASC INC (NVCN) stock?

NEOVASC INC (NVCN) has a profitability rating of 1 / 10.


What is the financial health of NEOVASC INC (NVCN) stock?

The financial health rating of NEOVASC INC (NVCN) is 3 / 10.