Is NVCN.TO a good investment?
As of 2025-03-23, the Fair Value of Neovasc Inc (NVCN.TO) is -84.63 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 40.15 CAD, the upside of Neovasc Inc is -310.78%. This means that NVCN.TO is not a good investment.
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 | ||||||
| 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 5Y Avg | |
| Net income | -107.98 | -35.13 | -28.70 | -24.89 | -41.20 | -47.58 |
| YoY growth | -371.32% | 67.47% | 18.30% | 13.28% | -65.55% | -67.57% |
| Market Cap (mil) | 140.45 |
| P/E | |
| Forward P/E |
| EPS | -11.78 |
| Avg earnings growth rate | -67.57% |
| TTM earnings | -41.20 |