Cover (COVCF) Tax Provision: $-5.4 Mil (TTM As of Mar. 2026)


COVCF Cover Corp COVCF
58 GF Score
Price $9.82
GF Value $21.92
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Cover Tax Provision?

Cover COVCF +0.10% 58 Tax Provision is $-5.4 Mil as of Mar. 2026. GuruFocus rates COVCF with a GF Score™ of 58/100 and a GF Value™ of $21.92 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Cover's tax provision for the three months ended in Mar. 2026 was $3.3 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was $-5.4 Mil.

Cover Tax Provision Historical Data

* Premium members only.

The historical data trend for Cover's Tax Provision 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.

Cover Tax Provision Chart

Cover Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Provision
Get a 7-Day Free Trial -3.35 -6.31 -10.57 -12.67 -5.04

Cover Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 -3.54 -1.50 -2.85 -4.41 3.31
COVCF
58GF Score
Cover Corp COVCF
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Cover Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.4 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-5.4 Mil mean?
Cover (COVCF) has a Tax Provision of $-5.4 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Cover and its competitors.
Is Cover's Tax Provision too high?
Cover's current Tax Provision is $-5.4 Mil. Overall, Cover has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cover's Tax Provision compare to UBER and SHOP?
Cover's Tax Provision of $-5.4 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Software company?
A good Tax Provision depends on the Software industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Cover and its competitors. Cover's current Tax Provision is $-5.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cover stock overvalued right now?
Based on GuruFocus' analysis, Cover (COVCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $21.92, compared to a current price of $9.82 — trading 55.2% below its estimated fair value. The current Tax Provision is $-5.4 Mil. Cover's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Cover (COVCF), the current Tax Provision is $-5.4 Mil 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 Cover (COVCF) Overvalued in 2026?

Based on GuruFocus' analysis, Cover stock appears to be undervalued. The current stock price of $9.82 is trading 55.2% below its estimated GF Value™ of $21.92. GuruFocus considers Cover to be Significantly Undervalued.

Key valuation signals for COVCF:

  • Tax Provision: $-5.4 Mil
  • GF Value™: $21.92 vs. price of $9.82 (55.2% below fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the COVCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cover Business Description

Other Exchanges 5253:JapanS89:Germany
Address Mita Garden Tower 15th floor, Sumitomo Fudosan Shiba No.3 Building B1, Minato-ku, Tokyo, JPN, 105-0014
Cover Corp operates as a platformer for two-dimensional entertainment. It is engaged in developing multifaceted businesses to accelerate 2D entertainment such as distribution system development, VTuber office management, and content development.
58GF Score

Get the complete analysis for COVCF

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.82
Price
$21.92
GF Value