COV Share Price | Covalon Technologies Ltd. Stock Analysis & Recommendation

Mojo Score Change: Covalon Technologies Ltd. has changed its score on 05 Mar 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

N/A

Shareholding

FII

N/A

DII

N/A

Promoter

N/A

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Poor long term growth as Net Sales has grown by an annual rate of 5.76% and Operating profit at 15.64% over the last 5 years

With ROE of 3.90%, it has a expensive valuation with a 1.87 Price to Book Value

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

Pharmaceuticals & Biotechnology

Market cap

CAD 49 Million (Micro Cap)

P/E

48.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.66

Return on Equity

3.90%

Price to Book

1.87

Revenue and Profits:

Net Sales:

7 Million

(Quarterly Results - Dec 2025)

Net Profit:

0 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-4.05%

6 Months

-23.85%

1 Year

-25.89%

2 Years

23.88%

3 Years

-17.41%

4 Years

-22.79%

5 Years

18.57%

Covalon Technologies Ltd. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

5.76%

EBIT Growth (5y)

15.64%

EBIT to Interest (avg)

-2.65

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-0.56

Sales to Capital Employed (avg)

1.19

Tax Ratio

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

5.49%

ROE (avg)

2.47%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.87

EV to EBIT

32.09

EV to EBITDA

22.26

EV to Capital Employed

3.55

EV to Sales

1.02

PEG Ratio

Dividend Yield

ROCE (Latest)

5.54%

ROE (Latest)

3.90%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot

No data for shareholding present.

Shareholding Compare (%holding)

No data for shareholding present.

Financial

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    "header": "Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ",
    "rhs": [
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        "prefix": "Net Sales ",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is -75.00% vs 300.00% in Sep 2025",
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      "header": [
        "Dec'25",
        "Sep'25",
        "Change(%)"
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          "val2": "8.70",
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          "val2": "0.50",
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          "chgp_class": "negative"
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          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Exceptional Items",
          "val1": "-0.10",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Consolidate Net Profit",
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          "val2": "0.40",
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          "chgp_class": "negative"
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        {
          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "28.30%",
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      },
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Sep 2025 is -22.22% vs 160.00% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
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          "val1": "2.70",
          "val2": "3.10",
          "chgp": "-12.90%",
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        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.10",
          "chgp": "-100.00%",
          "chgp_class": "positive"
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          "val1": "-0.10",
          "val2": "0.60",
          "chgp": "-116.67%",
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          "chgp": "-22.22%",
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Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ

Dec'25

Sep'25

Change(%)

Net Sales

6.90

8.70

-20.69%

Operating Profit (PBDIT) excl Other Income

0.30

0.50

-40.00%

Interest

0.00

Exceptional Items

-0.10

0.00

Consolidate Net Profit

0.10

0.40

-75.00%

Operating Profit Margin (Excl OI)

7.60%

28.30%

-2.07%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2025 is -20.69% vs 3.57% in Sep 2025

Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is -75.00% vs 300.00% in Sep 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

32.80

31.20

5.13%

Operating Profit (PBDIT) excl Other Income

2.70

3.10

-12.90%

Interest

0.00

0.10

-100.00%

Exceptional Items

-0.10

0.60

-116.67%

Consolidate Net Profit

2.10

2.70

-22.22%

Operating Profit Margin (Excl OI)

53.70%

69.00%

-1.53%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Sep 2025 is 5.13% vs 17.29% in Sep 2024

Consolidated Net Profit

YoY Growth in year ended Sep 2025 is -22.22% vs 160.00% in Sep 2024

All Annual Results

Company CV

About Covalon Technologies Ltd.

Covalon Technologies Ltd.

Pharmaceuticals & Biotechnology

Covalon Technologies Ltd. is a researcher, developer, manufacturer and marketer of medical products that manage patient outcomes and save lives in the areas of wound care, infection management and surgical procedures. The Company offers platform technologies: Collagen matrix; Antimicrobial silicone adhesive and Medical coating technology. The collagen matrix platform is used to manufacture products that treat chronic and infected wounds, including diabetic ulcers, pressure ulcers, venous ulcers, donor and graft sites, traumatic wounds healing by secondary intention, dehisced surgical wounds, and first and second degree burns. The antimicrobial silicone adhesive platform is the basis for a range of pre-surgical, post surgical and vascular access products that are designed to kill any bacteria or yeast that comes into contact with the antimicrobial silicone. The coating technology is a grafting from process, which utilizes photo-polymerization to create active grafting sites.

Company Coordinates

Company Details

1660 Tech Ave Unit 5 , MISSISSAUGA ON : L4W 5S7

Tel: 1 905 5688400

http://www.covalon.com/

Registrar Details