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CVO

Coveo SolutionsTSX:CVO Stock Report

Market Cap

CA$1.7b

7D

10.0%

1Y

n/a

Updated

30 Nov, 2021

Data

Company Financials
CVO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

CVO Stock Overview

Coveo Solutions Inc. provides applied artificial intelligence (AI) solutions.

Coveo Solutions Competitors

Descartes Systems Group

TSX:DSG

CA$9.0b

Kinaxis

TSX:KXS

CA$5.5b

Enghouse Systems

TSX:ENGH

CA$3.0b

Elastic

NYSE:ESTC

US$14.7b

Price History & Performance

Summary of all time highs, changes and price drops for Coveo Solutions
Historical stock prices
Current Share PriceCA$16.55
52 Week HighCA$18.00
52 Week LowCA$14.82
Beta0
1 Month Changen/a
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO2.16%

Recent News & Updates

Shareholder Returns

CVOCA SoftwareCA Market
7D10.0%-1.4%-1.3%
1Yn/a37.1%23.7%

Return vs Industry: Insufficient data to determine how CVO performed against the Canadian Software industry.

Return vs Market: Insufficient data to determine how CVO performed against the Canadian Market.

Price Volatility

Is CVO's price volatile compared to industry and market?
CVO volatility
CVO Average Weekly Movementn/a
Software Industry Average Movement11.5%
Market Average Movement9.4%
10% most volatile stocks in CA Market17.1%
10% least volatile stocks in CA Market3.5%

Stable Share Price: Insufficient data to determine CVO's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine CVO's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004625Louis Tetuhttps://www.coveo.com

Coveo Solutions Inc. provides applied artificial intelligence (AI) solutions. Its cloud-native, multi-tenant software as a service (SaaS) platform is the intelligence layer that injects search, recommendations, and personalization solutions into digital experiences to provide connected relevance for various-use cases across commerce, service, website, and workplace applications. It serves technology, healthcare, manufacturing, financial services, and retail industries.

Coveo Solutions Fundamentals Summary

How do Coveo Solutions's earnings and revenue compare to its market cap?
CVO fundamental statistics
Market CapUS$1.32b
Earnings (TTM)-US$475.24m
Revenue (TTM)US$71.93m

18.2x

P/S Ratio

-2.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CVO income statement (TTM)
RevenueUS$71.93m
Cost of RevenueUS$17.26m
Gross ProfitUS$54.67m
ExpensesUS$529.91m
Earnings-US$475.24m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-4.70
Gross Margin76.00%
Net Profit Margin-660.68%
Debt/Equity Ratio-20.7%

How did CVO perform over the long term?

See historical performance and comparison

Valuation

Is Coveo Solutions undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Coveo Solutions is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Coveo Solutions has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Coveo Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

48.0%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Coveo Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Coveo Solutions performed over the past 5 years?

-43.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CVO is currently unprofitable.

Growing Profit Margin: CVO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if CVO's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare CVO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CVO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (35.4%).


Return on Equity

High ROE: CVO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Coveo Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: CVO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CVO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CVO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CVO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CVO has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: CVO has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 14.7% each year


Dividend

What is Coveo Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CVO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CVO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CVO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CVO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CVO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.5yrs

Average management tenure


CEO

Louis Tetu (56 yo)

9.83yrs

Tenure

Mr. Louis Tetu, B.Eng. & ICD D, serves as Director at Alimentation Couche-Tard Inc. since September 18, 2019. He has been the Chief Executive Officer at Coveo Solutions Inc. since 2012 and has been its Cha...


Leadership Team

Experienced Management: CVO's management team is seasoned and experienced (9.5 years average tenure).


Board Members

Experienced Board: CVO's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: CVO only recently listed within the past 12 months.


Top Shareholders

Company Information

Coveo Solutions Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Coveo Solutions Inc.
  • Ticker: CVO
  • Exchange: TSX
  • Founded: 2004
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$1.687b
  • Shares outstanding: 101.03m
  • Website: https://www.coveo.com

Number of Employees


Location

  • Coveo Solutions Inc.
  • 3175 des Quatre-Bourgeois
  • Suite 200
  • Quebec
  • Quebec
  • G1W 2K7
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 23:07
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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 here.