As of 2024-12-11, the Fair Value of Cover Technologies Inc (COVE.CN) is -0.91 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.71 CAD, the upside of Cover Technologies Inc is -228.66%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2020-09-30 | 2021-09-30 | 2022-09-30 | - | - | 5Y Avg | |
| Net income | -8.62 | -2.36 | - | - | -5.49 | |
| YoY growth | -1,721.58% | 72.63% | - | - | -824.47% | |
| Market Cap (mil) | 9.17 |
| P/E | |
| Forward P/E |
| EPS | -0.18 |
| Avg earnings growth rate | -824.47% |
| TTM earnings | -2.36 |