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Nova Eye Medical LimitedASX:EYE Stock Report

Market Cap AU$37.0m
Share Price
AU$0.13
My Fair Value
n/a
1Y-18.8%
7D-5.5%
Portfolio Value
View

Nova Eye Medical Limited

ASX:EYE Stock Report

Market Cap: AU$37.0m

Nova Eye Medical (EYE) Stock Overview

Designs, develops, manufactures, markets, and sells surgical devices for the treatment of glaucoma in Australia, the United States, Europe, the Asia Pacific, and internationally. More details

EYE fundamental analysis
Snowflake Score
Valuation5/6
Future Growth6/6
Past Performance0/6
Financial Health4/6
Dividends0/6

EYE Community Fair Values

Create Narrative

See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

Nova Eye Medical Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nova Eye Medical
Historical stock prices
Current Share PriceAU$0.13
52 Week HighAU$0.20
52 Week LowAU$0.086
Beta0.72
1 Month Change-18.75%
3 Month Change-7.14%
1 Year Change-18.75%
3 Year Change-50.94%
5 Year Change-62.32%
Change since IPO-78.07%

Recent News & Updates

Nova Eye Medical Limited (ASX:EYE) Stock Rockets 26% But Many Are Still Ignoring The Company

Jul 22
Nova Eye Medical Limited (ASX:EYE) Stock Rockets 26% But Many Are Still Ignoring The Company

Recent updates

Nova Eye Medical Limited (ASX:EYE) Stock Rockets 26% But Many Are Still Ignoring The Company

Jul 22
Nova Eye Medical Limited (ASX:EYE) Stock Rockets 26% But Many Are Still Ignoring The Company
User avatar

US And European Market Expansion Will Unlock New Opportunities

Record sales growth in the U.S. and strategic geographic expansion are driving revenue and market share growth, especially in the Glaucoma division.

Nova Eye Medical Limited's (ASX:EYE) Shares Leap 40% Yet They're Still Not Telling The Full Story

May 07
Nova Eye Medical Limited's (ASX:EYE) Shares Leap 40% Yet They're Still Not Telling The Full Story

Nova Eye Medical Limited (ASX:EYE) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Mar 05
Nova Eye Medical Limited (ASX:EYE) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Nova Eye Medical Limited (ASX:EYE) Stock Rockets 29% But Many Are Still Ignoring The Company

Jan 11
Nova Eye Medical Limited (ASX:EYE) Stock Rockets 29% But Many Are Still Ignoring The Company

We Think Nova Eye Medical (ASX:EYE) Can Afford To Drive Business Growth

Nov 04
We Think Nova Eye Medical (ASX:EYE) Can Afford To Drive Business Growth

Nova Eye Medical Limited (ASX:EYE) Might Not Be As Mispriced As It Looks After Plunging 26%

Sep 22
Nova Eye Medical Limited (ASX:EYE) Might Not Be As Mispriced As It Looks After Plunging 26%

Take Care Before Diving Into The Deep End On Nova Eye Medical Limited (ASX:EYE)

Aug 06
Take Care Before Diving Into The Deep End On Nova Eye Medical Limited (ASX:EYE)

Nova Eye Medical Limited (ASX:EYE) Soars 29% But It's A Story Of Risk Vs Reward

Apr 18
Nova Eye Medical Limited (ASX:EYE) Soars 29% But It's A Story Of Risk Vs Reward

Is There An Opportunity With Nova Eye Medical Limited's (ASX:EYE) 43% Undervaluation?

Mar 26
Is There An Opportunity With Nova Eye Medical Limited's (ASX:EYE) 43% Undervaluation?

News Flash: Analysts Just Made A Captivating Upgrade To Their Nova Eye Medical Limited (ASX:EYE) Forecasts

Jan 19
News Flash: Analysts Just Made A Captivating Upgrade To Their Nova Eye Medical Limited (ASX:EYE) Forecasts

Further Upside For Nova Eye Medical Limited (ASX:EYE) Shares Could Introduce Price Risks After 38% Bounce

Dec 27
Further Upside For Nova Eye Medical Limited (ASX:EYE) Shares Could Introduce Price Risks After 38% Bounce

We're Not Very Worried About Nova Eye Medical's (ASX:EYE) Cash Burn Rate

Sep 03
We're Not Very Worried About Nova Eye Medical's (ASX:EYE) Cash Burn Rate

Improved Revenues Required Before Nova Eye Medical Limited (ASX:EYE) Stock's 43% Jump Looks Justified

Apr 17
Improved Revenues Required Before Nova Eye Medical Limited (ASX:EYE) Stock's 43% Jump Looks Justified

Is Nova Eye Medical (ASX:EYE) In A Good Position To Invest In Growth?

Dec 16
Is Nova Eye Medical (ASX:EYE) In A Good Position To Invest In Growth?

We Think Nova Eye Medical (ASX:EYE) Needs To Drive Business Growth Carefully

Aug 27
We Think Nova Eye Medical (ASX:EYE) Needs To Drive Business Growth Carefully

Shareholder Returns

EYEAU Medical EquipmentAU Market
7D-5.5%-1.9%-1.7%
1Y-18.8%-0.8%5.4%

Return vs Industry: EYE underperformed the Australian Medical Equipment industry which returned -0.8% over the past year.

Return vs Market: EYE underperformed the Australian Market which returned 5.4% over the past year.

Price Volatility

Is EYE's price volatile compared to industry and market?
EYE volatility
EYE Average Weekly Movement9.8%
Medical Equipment Industry Average Movement11.0%
Market Average Movement9.5%
10% most volatile stocks in AU Market19.8%
10% least volatile stocks in AU Market3.4%

Stable Share Price: EYE has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: EYE's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970n/aTom Spurlingwww.nova-eye.com

Nova Eye Medical Limited designs, develops, manufactures, markets, and sells surgical devices for the treatment of glaucoma in Australia, the United States, Europe, the Asia Pacific, and internationally. It also engaged in the commercialisation of the subthreshold nano-pulse ophthalmic laser; 2RT, a proprietary laser technology to treat patients in early and intermediate age-related macular degeneration for the treatment of retinal disease. The company offers iTrack, a glaucoma surgical device to reduce intraocular pressure in patients glaucoma; iTrack Advance; and Molteno3, a glaucoma drainage device to treat patients with severe or complex glaucoma.

Nova Eye Medical Limited Fundamentals Summary

How do Nova Eye Medical's earnings and revenue compare to its market cap?
EYE fundamental statistics
Market capAU$37.03m
Earnings (TTM)-AU$9.06m
Revenue (TTM)AU$29.27m
1.3x
P/S Ratio
-4.1x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EYE income statement (TTM)
RevenueAU$29.27m
Cost of RevenueAU$10.38m
Gross ProfitAU$18.89m
Other ExpensesAU$27.95m
Earnings-AU$9.06m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Feb 01, 2026

Earnings per share (EPS)-0.032
Gross Margin64.54%
Net Profit Margin-30.95%
Debt/Equity Ratio0%

How did EYE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/10 23:45
End of Day Share Price 2025/11/10 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nova Eye Medical Limited is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tanushree JainBell Potter
Michael YouldenMST Financial Services Pty Limited
Dennis HulmeTaylor Collison Limited