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Covalon Technologies (TSXV:COV) FCF Yield % : 4.82 (As of Apr. 24, 2025)


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What is Covalon Technologies FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Covalon Technologies's Trailing 12-Month Free Cash Flow is C$2.99 Mil, and Market Cap is C$61.97 Mil. Therefore, Covalon Technologies's FCF Yield % for today is 4.82%.

The historical rank and industry rank for Covalon Technologies's FCF Yield % or its related term are showing as below:

TSXV:COV' s FCF Yield % Range Over the Past 10 Years
Min: -41.2   Med: -6.79   Max: 4.82
Current: 4.82


During the past 13 years, the highest FCF Yield % of Covalon Technologies was 4.82%. The lowest was -41.20%. And the median was -6.79%.

TSXV:COV's FCF Yield % is ranked better than
94.66% of 1497 companies
in the Biotechnology industry
Industry Median: -15.17 vs TSXV:COV: 4.82

Covalon Technologies's FCF Margin % for the quarter that ended in Dec. 2024 was -0.82%.


Covalon Technologies FCF Yield % Historical Data

The historical data trend for Covalon Technologies's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Covalon Technologies FCF Yield % Chart

Covalon Technologies Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.03 0.68 -14.83 -12.16 3.33

Covalon Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 -15.77 16.40 9.14 -0.30

Competitive Comparison of Covalon Technologies's FCF Yield %

For the Biotechnology subindustry, Covalon Technologies's FCF Yield %, along with its competitors' market caps and FCF Yield % 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's FCF Yield % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Covalon Technologies's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Covalon Technologies's FCF Yield % falls into.


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Covalon Technologies FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Covalon Technologies's FCF Yield % for the fiscal year that ended in Sep. 2024 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=3.056 / 91.7833
=3.33%

Covalon Technologies's annualized FCF Yield % for the quarter that ended in Dec. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.067 * 4 / 89.0435
=-0.30%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Covalon Technologies FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Covalon Technologies FCF Yield % Related Terms

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Covalon Technologies Business Description

Traded in Other Exchanges
Address
1660 Tech Avenue, Unit 5, Mississauga, ON, CAN, L4W 5S7
Covalon Technologies Ltd is engaged in the business of researching, developing, manufacturing, and marketing patent-protected medical products that improve patient outcomes and save lives in the areas of infection management, wound care, and surgical procedures. The company generates its revenue through development contracts, licensing agreements, distribution contracts, and sales. Its products are CovaClear, IV IV Clear, SurgiClear, and VALGuard.
Executives
Amir Boloor Director
Valerio Ditizio Director or Senior Officer of 10% Security Holder, Senior Officer

Covalon Technologies Headlines

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