COVEO SOLUTIONS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.01 CAD | -2.55% |
|
+1.39% | -16.56% |
| Jun. 05 | Coveo Solutions Price Target Lowered to $13 at RBC | MT |
| Jun. 04 | BMO Reviews Coveo Solutions Q4 | MT |
Valuation
| Fiscal Period: March | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 837.2 | 608.3 | 836.7 | 618.3 | - | - |
| Enterprise Value (EV) 1 | 627.2 | 420.7 | 836.7 | 463 | 452.2 | 417.6 |
| P/E ratio | 0.98 x | -15.2 x | -33 x | -35.6 x | -58.8 x | - |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 9.68 x | 5.43 x | 6.64 x | 4.55 x | 3.93 x | 3.67 x |
| EV / Revenue | 7.25 x | 3.76 x | 6.64 x | 3.41 x | 2.88 x | 2.48 x |
| EV / EBITDA | -24.7 x | -23.8 x | -354 x | 306 x | 41.3 x | - |
| EV / FCF | -16.7 x | -53.6 x | - | 59 x | 35.9 x | - |
| FCF Yield | -5.99% | -1.87% | - | 1.7% | 2.79% | - |
| Price to Book | 2.87 x | 2.78 x | - | 3.69 x | 3.84 x | 3.84 x |
| Nbr of stocks (in thousands) | 103,553 | 105,459 | 110,199 | 105,205 | - | - |
| Reference price 2 | 8.085 | 5.768 | 7.593 | 5.877 | 5.877 | 5.877 |
| Announcement Date | 6/14/22 | 5/30/23 | 6/3/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 86.49 | 112 | 126.1 | 135.9 | 157.3 | 168.3 |
| EBITDA 1 | - | -25.42 | -17.69 | -2.366 | 1.515 | 10.96 | - |
| EBIT 1 | - | -28.09 | -20.24 | -6.33 | -1.903 | 6.046 | 8.817 |
| Operating Margin | - | -32.48% | -18.07% | -5.02% | -1.4% | 3.84% | 5.24% |
| Earnings before Tax (EBT) 1 | - | 229.3 | -39.53 | -23.35 | -17.87 | -10.8 | - |
| Net income 1 | -600 | 418.3 | -39.73 | -23.61 | -18.02 | -11.13 | - |
| Net margin | - | 483.62% | -35.47% | -18.72% | -13.26% | -7.08% | - |
| EPS 2 | -32.64 | 8.230 | -0.3800 | -0.2300 | -0.1650 | -0.1000 | - |
| Free Cash Flow 1 | - | -37.57 | -7.847 | - | 7.85 | 12.6 | - |
| FCF margin | - | -43.43% | -7.01% | - | 5.78% | 8.01% | - |
| FCF Conversion (EBITDA) | - | - | - | - | 518.02% | 114.98% | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 11/3/21 | 6/14/22 | 5/30/23 | 6/3/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Marzo | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 | 2026 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 23.24 | 25.51 | 26.46 | 27.93 | 28.5 | 29.11 | 30.53 | 31.22 | 31.76 | 32.58 | 32.05 | 33.09 | 34.63 | 36.17 | 36.45 |
| EBITDA 1 | -7.427 | -7.895 | -6.725 | -3.597 | -2.869 | -3.714 | -1.844 | 0.015 | -0.722 | 0.183 | -2.25 | 0.1055 | 1.393 | 2.606 | -0.2 |
| EBIT 1 | -8.15 | -8.587 | -7.417 | -4.653 | -3.856 | -4.311 | -2.817 | -0.984 | -1.71 | -0.819 | -3.248 | -0.577 | 0.5639 | 1.358 | -1.458 |
| Operating Margin | -35.06% | -33.66% | -28.03% | -16.66% | -13.53% | -14.81% | -9.23% | -3.15% | -5.38% | -2.51% | -10.14% | -1.74% | 1.63% | 3.75% | -4% |
| Earnings before Tax (EBT) 1 | 242.2 | -19.38 | -12.41 | -9.808 | -9.951 | -7.358 | -6.896 | -7.308 | -6.388 | -2.754 | -7.063 | -4.854 | -3.387 | -2.529 | -4.8 |
| Net income 1 | 426.3 | -19.38 | -12.52 | -9.933 | -10.05 | -7.233 | -6.955 | -6.453 | -6.152 | -4.05 | -7.222 | -4.616 | -3.465 | -2.747 | -5.1 |
| Net margin | 1,834.16% | -75.99% | -47.31% | -35.56% | -35.26% | -24.85% | -22.78% | -20.67% | -19.37% | -12.43% | -22.54% | -13.95% | -10.01% | -7.59% | -13.99% |
| EPS 2 | 4.194 | -0.1900 | -0.1200 | -0.1000 | -0.1000 | -0.0600 | -0.0700 | -0.0600 | -0.0600 | -0.0400 | -0.0650 | -0.0400 | -0.0267 | -0.0233 | -0.0500 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/7/22 | 6/14/22 | 8/8/22 | 11/7/22 | 2/6/23 | 5/30/23 | 8/8/23 | 11/6/23 | 2/5/24 | 6/3/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: Marzo | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 210 | 188 | - | 155 | 166 | 201 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | -37.6 | -7.85 | - | 7.85 | 12.6 | - |
| ROE (net income / shareholders' equity) | - | -39.8% | -6.56% | - | -0.84% | 1.85% | 5.11% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | 2.820 | 2.070 | - | 1.590 | 1.530 | 1.530 |
| Cash Flow per Share 2 | - | -0.3500 | -0.0600 | - | 0.0800 | 0.1000 | - |
| Capex 1 | - | 2.14 | 1.59 | - | 2.61 | 2.44 | 2.37 |
| Capex / Sales | - | 2.48% | 1.42% | - | 1.92% | 1.55% | 1.41% |
| Announcement Date | 11/3/21 | 6/14/22 | 5/30/23 | 6/3/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
5.877
USD
Average target price
8.275
USD
Spread / Average Target
+40.80%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -16.56% | 635M | |
| +24.34% | 3,425B | |
| +20.66% | 93B | |
| +17.89% | 86.49B | |
| +58.59% | 57.57B | |
| -19.11% | 50.11B | |
| +38.83% | 48.65B | |
| -21.25% | 47.44B | |
| +77.48% | 41.06B | |
| -5.72% | 26.86B |
- Stock Market
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- CVO Stock
- Financials Coveo Solutions Inc.
