| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
CVO Stock Overview
Coveo Solutions Inc. provides applied artificial intelligence (AI) solutions.
Coveo Solutions Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$16.55 |
| 52 Week High | CA$18.00 |
| 52 Week Low | CA$14.82 |
| Beta | 0 |
| 1 Month Change | n/a |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 2.16% |
Recent News & Updates
Shareholder Returns
| CVO | CA Software | CA Market | |
|---|---|---|---|
| 7D | 10.0% | -1.4% | -1.3% |
| 1Y | n/a | 37.1% | 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
| CVO volatility | |
|---|---|
| CVO Average Weekly Movement | n/a |
| Software Industry Average Movement | 11.5% |
| Market Average Movement | 9.4% |
| 10% most volatile stocks in CA Market | 17.1% |
| 10% least volatile stocks in CA Market | 3.5% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 625 | Louis Tetu | https://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
| CVO fundamental statistics | |
|---|---|
| Market Cap | US$1.32b |
| Earnings (TTM) | -US$475.24m |
| Revenue (TTM) | US$71.93m |
18.2x
P/S Ratio-2.7x
P/E RatioIs CVO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CVO income statement (TTM) | |
|---|---|
| Revenue | US$71.93m |
| Cost of Revenue | US$17.26m |
| Gross Profit | US$54.67m |
| Expenses | US$529.91m |
| Earnings | -US$475.24m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -4.70 |
| Gross Margin | 76.00% |
| Net Profit Margin | -660.68% |
| Debt/Equity Ratio | -20.7% |
How did CVO perform over the long term?
See historical performance and comparisonValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/11/30 23:07 |
| End of Day Share Price | 2021/11/30 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.