Neovasc Valuation

Neovasc Investor Information

The company has price-to-book ratio of 1.0. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Neovasc recorded a loss per share of 15.07. The entity last dividend was issued on the 2nd of July 2019. The firm had 1:25 split on the 29th of April 2022. Based on the measurements of operating efficiency obtained from Neovasc's historical financial statements, Neovasc is not in a good financial situation at the moment. It has a very high risk of going through financial straits in February.

Neovasc Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Neovasc has an asset utilization ratio of 9.82 percent. This suggests that the Company is making $0.0982 for each dollar of assets. An increasing asset utilization means that Neovasc is more efficient with each dollar of assets it utilizes for everyday operations.

Neovasc Ownership Allocation

The market capitalization of Neovasc is $83.59 Million. Neovasc secures 3.69 % of its outstanding shares held by insiders and 7.87 % owned by institutional investors. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.

Neovasc Profitability Analysis

The company reported the previous year's revenue of 3.81 M. Net Loss for the year was (41.2 M) with loss before overhead, payroll, taxes, and interest of (7.08 M).

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

If you are still planning to invest in Neovasc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Neovasc's history and understand the potential risks before investing.