Covalon Technologies Ltd. (V:COV) — Market Cap & Net Worth

$53.86 Million USD  · CA$74.45 Million CAD  · Rank #21716

Market Cap & Net Worth: Covalon Technologies Ltd. (COV)

Covalon Technologies Ltd. (V:COV) has a market capitalization of $53.86 Million (CA$74.45 Million) as of September 16, 2026. Listed on the V stock exchange, this Canada-based company holds position #21716 globally and #763 in its home market, demonstrating a 4.85% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Covalon Technologies Ltd.'s stock price CA$3.46 by its total outstanding shares 27618077 (27.62 Million). Also see total assets of Covalon Technologies Ltd. for a full breakdown of the balance sheet.

Covalon Technologies Ltd. Market Cap History: 2015 to 2026

Covalon Technologies Ltd.'s market capitalization history from 2015 to 2026. Data shows growth from $24.57 Million to $69.13 Million (13.72% CAGR). Also see Covalon Technologies Ltd. cash flow conversion for how efficiently the company converts equity into cash flow.

Covalon Technologies Ltd. Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Covalon Technologies Ltd.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check Covalon Technologies Ltd. (COV) stock price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

1.06x

Covalon Technologies Ltd.'s market cap is 1.06 times its annual revenue

Industry average: 0.49x Higher than industry average

Latest Price to Earnings (P/E) Ratio

16.89x

Covalon Technologies Ltd.'s market cap is 16.89 times its annual earnings

Industry average: 852.18x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $34.56 Million $6.71 Million -$3.10 Million 5.15x N/A
2017 $97.69 Million $27.31 Million $1.81 Million 3.58x 53.92x
2018 $81.91 Million $26.72 Million $1.62 Million 3.07x 50.64x
2019 $39.76 Million $34.00 Million -$9.14 Million 1.17x N/A
2020 $22.98 Million $25.80 Million -$6.95 Million 0.89x N/A
2021 $52.94 Million $19.56 Million $23.48 Million 2.71x 2.26x
2022 $46.75 Million $18.15 Million -$9.66 Million 2.58x N/A
2023 $21.18 Million $26.60 Million -$4.46 Million 0.80x N/A
2024 $64.93 Million $31.17 Million $2.67 Million 2.08x 24.32x
2025 $34.76 Million $32.82 Million $2.06 Million 1.06x 16.89x

Competitor Companies of COV by Market Capitalization

Companies near Covalon Technologies Ltd. in the global market cap rankings as of September 16, 2026. Review tangible net worth ratio of Covalon Technologies Ltd. to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Covalon Technologies Ltd. by market ranking:

  • Intuitive Surgical Inc (NASDAQ:ISRG): Ranked #176 globally with a market cap of $135.13 Billion USD.
  • EssilorLuxottica S. A. (PA:EL): Ranked #354 globally with a market cap of $78.17 Billion USD ( €66.86 Billion EUR).
  • ESSILORLUXOTTICA 1/2/O.N. (F:ESLC): Ranked #422 globally with a market cap of $67.43 Billion USD ( €57.68 Billion EUR).
  • HOYA CORP. ADR/ 1 O.N. (F:HYB0): Ranked #543 globally with a market cap of $50.37 Billion USD ( €43.09 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#176 Intuitive Surgical Inc NASDAQ:ISRG $135.13 Billion $377.16
#354 EssilorLuxottica S. A. PA:EL $78.17 Billion €144.40
#422 ESSILORLUXOTTICA 1/2/O.N. F:ESLC $67.43 Billion €71.50
#543 HOYA CORP. ADR/ 1 O.N. F:HYB0 $50.37 Billion €150.00

Covalon Technologies Ltd. Historical Marketcap From 2015 to 2026

Between 2015 and today, Covalon Technologies Ltd.'s market cap moved from $24.57 Million to $ 69.13 Million, with a yearly change of 13.72%.

Year Market Cap Change (%)
2026 CA$69.13 Million +98.85%
2025 CA$34.76 Million -46.46%
2024 CA$64.93 Million +206.60%
2023 CA$21.18 Million -54.70%
2022 CA$46.75 Million -11.70%
2021 CA$52.94 Million +130.43%
2020 CA$22.98 Million -42.21%
2019 CA$39.76 Million -51.46%
2018 CA$81.91 Million -16.16%
2017 CA$97.69 Million +182.66%
2016 CA$34.56 Million +40.65%
2015 CA$24.57 Million --

End of Day Market Cap According to Different Sources

On Sep 16th, 2026 the market cap of Covalon Technologies Ltd. was reported to be:

Source Market Cap
Yahoo Finance $53.86 Million USD
MoneyControl $53.86 Million USD
MarketWatch $53.86 Million USD
marketcap.company $53.86 Million USD
Reuters $53.86 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Covalon Technologies Ltd.

V:COV Canada Medical Instruments & Supplies
Market Cap
$69.13 Million
CA$95.56 Million CAD
Market Cap Rank
#21716 Global
#763 in Canada
Share Price
CA$3.46
Change (1 day)
-3.89%
52-Week Range
CA$1.56 - CA$3.60
All Time High
CA$9.18
About

Covalon Technologies Ltd. engages in the research, development, manufacturing, and marketing of medical products in infection management, advanced wound care, and surgical procedure areas in the United States, the Middle East, Canada, Latin America, Asia, and internationally. The company's platform technologies comprises collagen matrix platform that is used to manufacture a family of products to… Read more