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During the past 12 months, Covalon Technologies's average Book Value per Share Growth Rate was -10.70% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 5.40% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 14.70% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 13.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Covalon Technologies was 43.20% per year. The lowest was -35.80% per year. And the median was -2.80% per year.
Covalon Technologies (OTCPK:CVALF) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Covalon Technologies 3-Year Book Growth Rate Related Terms
CVALF vs ISRG, BDX, MDLN: 3-Year Book Growth Rate Comparison
For the Medical Instruments & Supplies subindustry, Covalon Technologies's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Covalon Technologies 3-Year Book Growth Rate vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Covalon Technologies's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Covalon Technologies's 3-Year Book Growth Rate falls into.
Covalon Technologies 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 5.40% mean?
Covalon Technologies (CVALF) has a 3-Year Book Growth Rate of 5.40% as of Mar. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Covalon Technologies and its competitors. According to the industry distribution chart, Covalon Technologies ranks #295 out of 762 companies in the Medical Devices & Instruments industry, placing it in the top 38.7%.
Is Covalon Technologies' 3-Year Book Growth Rate too high?
Covalon Technologies' current 3-Year Book Growth Rate is 5.40%. The Medical Devices & Instruments industry median 3-Year Book Growth Rate is 2.35. Covalon Technologies' value of 5.40% is 129.8% above this industry median. Based on the distribution chart, Covalon Technologies ranks #295 out of 762 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Covalon Technologies has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Covalon Technologies' 3-Year Book Growth Rate compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Covalon Technologies ranks #295 out of 762 companies for 3-Year Book Growth Rate. This puts Covalon Technologies in the upper half of its industry. The industry median 3-Year Book Growth Rate is 2.35. Covalon Technologies' value of 5.40% is 129.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Medical Devices & Instruments company?
The median 3-Year Book Growth Rate among Medical Devices & Instruments companies is 2.35, based on 762 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Covalon Technologies's current 3-Year Book Growth Rate of 5.40% is 129.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Covalon Technologies and its competitors. For the Medical Devices & Instruments industry, the median 3-Year Book Growth Rate is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covalon Technologies's current 3-Year Book Growth Rate is 5.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covalon Technologies stock overvalued right now?
Based on GuruFocus' analysis, Covalon Technologies (CVALF) is currently considered Fairly Valued. The stock's GF Value™ is $1.69, compared to a current price of $1.67 — trading 1.5% below its estimated fair value. The current 3-Year Book Growth Rate is 5.40% and 129.8% above the Medical Devices & Instruments industry median of 2.35. Covalon Technologies' overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Covalon Technologies (CVALF), the current 3-Year Book Growth Rate is 5.40% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Covalon Technologies (CVALF) Overvalued in 2026?
Based on GuruFocus' analysis, Covalon Technologies stock appears to be undervalued.
The current stock price of $1.67 is trading 1.5% below its estimated GF Value™ of $1.69.
GuruFocus considers Covalon Technologies to be Fairly Valued.
Key valuation signals for CVALF:
3-Year Book Growth Rate: 5.40%
GF Value™: $1.69 vs. price of $1.67 (1.5% below fair value)
Industry Position: 129.8% above the Medical Devices & Instruments median (#295 of 762)
No single metric tells the full story. See the CVALF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Covalon Technologies Ltd is engaged in the business of researching, developing, manufacturing, and marketing patent-protected medical products that improve patient outcomes in the areas of infection management, wound care, and surgical procedures. The company generates revenue through development contracts, licensing agreements, distribution contracts, and sales. Its products include IV dressings, surgical site protection products, vascular access protection products, and others, and its solutions include primary dressing cover, vascular access technologies, advanced wound care, sensitive skin solutions, custom medical coatings, and patient resource support.
86GF Score
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3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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