Coveo Solutions Current Valuation vs. Price To Book

CVO Stock   6.66  0.15  2.20%   
Based on Coveo Solutions' profitability indicators, Coveo Solutions may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess Coveo Solutions' ability to earn profits and add value for shareholders. At this time, Coveo Solutions' Days Sales Outstanding is very stable compared to the past year. As of the 11th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.04, while Price To Sales Ratio is likely to drop 5.77. At this time, Coveo Solutions' Net Interest Income is very stable compared to the past year. As of the 11th of December 2024, Interest Income is likely to grow to about 7.6 M, though Accumulated Other Comprehensive Income is likely to grow to (40.5 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.610.7807
Significantly Down
Slightly volatile
For Coveo Solutions profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Coveo Solutions to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Coveo Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Coveo Solutions's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Coveo Solutions over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Coveo Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Coveo Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coveo Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Coveo Solutions Price To Book vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Coveo Solutions's current stock value. Our valuation model uses many indicators to compare Coveo Solutions value to that of its competitors to determine the firm's financial worth.
Coveo Solutions is the top company in current valuation category among its peers. It also is number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for Coveo Solutions is about  137,560,880 . As of the 11th of December 2024, Price To Book Ratio is likely to grow to 4.51. Comparative valuation analysis is a catch-all model that can be used if you cannot value Coveo Solutions by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Coveo Solutions' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Coveo Current Valuation vs. Competition

Coveo Solutions is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 1.38 Billion. Coveo Solutions totals roughly 486.57 Million in current valuation claiming about 35% of equities under Information Technology industry.

Coveo Price To Book vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Coveo Solutions

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
486.57 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Coveo Solutions

P/B

 = 

MV Per Share

BV Per Share

 = 
3.54 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Coveo Price To Book Comparison

Coveo Solutions is currently under evaluation in price to book category among its peers.

Coveo Solutions Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Coveo Solutions, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Coveo Solutions will eventually generate negative long term returns. The profitability progress is the general direction of Coveo Solutions' change in net profit over the period of time. It can combine multiple indicators of Coveo Solutions, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-42.6 M-40.5 M
Net Interest Income6.7 MM
Interest Income7.2 M7.6 M
Operating Income-29.7 M-31.2 M
Net Loss-23.6 M-24.8 M
Income Before Tax-23.3 M-24.5 M
Total Other Income Expense Net-3.5 M-3.7 M
Net Loss-45.7 M-48 M
Net Loss-23.6 M-24.8 M
Income Tax Expense264 K277.2 K
Change To Netincome17.3 M16.4 M
Net Loss(0.23)(0.24)
Income Quality(0.18)(0.17)
Net Income Per E B T 1.01  1.38 

Coveo Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Coveo Solutions. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Coveo Solutions position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Coveo Solutions' important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Coveo Solutions without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Coveo Solutions position

In addition to having Coveo Solutions in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Money Funds
Money Funds Theme
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.
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Other Information on Investing in Coveo Stock

To fully project Coveo Solutions' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Coveo Solutions at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Coveo Solutions' income statement, its balance sheet, and the statement of cash flows.
Potential Coveo Solutions investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Coveo Solutions investors may work on each financial statement separately, they are all related. The changes in Coveo Solutions's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Coveo Solutions's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.