Neovasc Inc. Logo

Neovasc Inc.

NVCN

(1.0)
Stock Price

30,03 USD

-106.39% ROA

-121.07% ROE

-1.99x PER

Market Cap.

82.859.377,00 USD

82.05% DER

0% Yield

-1082.9% NPM

Neovasc Inc. Stock Analysis

Neovasc Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Neovasc Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 ROE

Negative ROE (-224.71%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (0%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

5 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

6 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

7 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

9 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

10 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-1) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Neovasc Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Neovasc Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Neovasc Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Neovasc Inc. Revenue
Year Revenue Growth
2001 0
2002 755.490 100%
2003 504.454 -49.76%
2004 726.749 30.59%
2005 313.378 -131.91%
2006 928.989 66.27%
2007 1.532.740 39.39%
2008 1.270.533 -20.64%
2009 2.865.100 55.65%
2010 4.358.127 34.26%
2011 5.147.660 15.34%
2012 7.859.789 34.51%
2013 11.033.026 28.76%
2014 13.665.257 19.26%
2015 9.929.940 -37.62%
2016 9.512.796 -4.39%
2017 5.389.014 -76.52%
2018 1.749.133 -208.1%
2019 2.092.032 16.39%
2020 1.957.362 -6.88%
2021 2.547.406 23.16%
2022 5.811.596 56.17%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Neovasc Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 38.984 100%
2003 138.839 71.92%
2004 1.129.078 87.7%
2005 1.476.728 23.54%
2006 1.698.087 13.04%
2007 2.771.799 38.74%
2008 2.548.783 -8.75%
2009 2.567.025 0.71%
2010 1.820.396 -41.01%
2011 2.570.781 29.19%
2012 4.000.739 35.74%
2013 6.430.795 37.79%
2014 11.101.118 42.07%
2015 17.181.395 35.39%
2016 19.364.503 11.27%
2017 17.489.092 -10.72%
2018 16.060.857 -8.89%
2019 20.020.959 19.78%
2020 20.401.595 1.87%
2021 15.449.001 -32.06%
2022 23.551.668 34.4%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Neovasc Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 2.842.892 100%
2009 2.382.447 -19.33%
2010 2.164.723 -10.06%
2011 1.238.363 -74.81%
2012 3.889.458 68.16%
2013 4.474.787 13.08%
2014 10.139.456 55.87%
2015 6.776.306 -49.63%
2016 19.182.787 64.68%
2017 7.734.055 -148.03%
2018 12.327.283 37.26%
2019 9.031.262 -36.5%
2020 13.206.537 31.62%
2021 14.655.957 9.89%
2022 26.980.180 45.68%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Neovasc Inc. EBITDA
Year EBITDA Growth
2001 -19.988
2002 -38.795 48.48%
2003 -732.101 94.7%
2004 -2.819.358 74.03%
2005 -3.952.884 28.68%
2006 -4.723.310 16.31%
2007 -7.218.836 34.57%
2008 12.357.244 158.42%
2009 -4.062.053 404.21%
2010 -2.422.295 -67.69%
2011 -3.705.861 34.64%
2012 -4.788.472 22.61%
2013 -6.410.642 25.3%
2014 -15.997.693 59.93%
2015 -20.619.393 22.41%
2016 -147.670.494 86.04%
2017 -35.543.319 -315.47%
2018 -728.431 -4779.44%
2019 -29.113.326 97.5%
2020 -36.216.064 19.61%
2021 -39.626.290 8.61%
2022 -52.262.252 24.18%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Neovasc Inc. Gross Profit
Year Gross Profit Growth
2001 0
2002 415.871 100%
2003 198.598 -109.4%
2004 237.357 16.33%
2005 33.537 -607.75%
2006 402.892 91.68%
2007 725.315 44.45%
2008 688.529 -5.34%
2009 1.523.770 54.81%
2010 1.743.627 12.61%
2011 2.020.358 13.7%
2012 3.195.372 36.77%
2013 4.380.062 27.05%
2014 4.953.664 11.58%
2015 2.991.806 -65.57%
2016 2.421.035 -23.58%
2017 1.911.193 -26.68%
2018 1.382.875 -38.2%
2019 1.633.596 15.35%
2020 1.511.123 -8.1%
2021 1.991.709 24.13%
2022 4.773.256 58.27%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Neovasc Inc. Net Profit
Year Net Profit Growth
2001 -10.036
2002 -55.142 81.8%
2003 -952.586 94.21%
2004 -3.947.683 75.87%
2005 -5.389.101 26.75%
2006 -4.704.840 -14.54%
2007 -7.907.658 40.5%
2008 -28.150.834 71.91%
2009 -4.274.935 -558.51%
2010 -2.630.464 -62.52%
2011 -3.780.780 30.43%
2012 -353.194 -970.45%
2013 -6.339.632 94.43%
2014 -16.419.808 61.39%
2015 -26.730.490 38.57%
2016 -86.494.893 69.1%
2017 -22.908.721 -277.56%
2018 -108.042.868 78.8%
2019 -35.131.015 -207.54%
2020 -28.695.041 -22.43%
2021 -24.889.069 -15.29%
2022 -55.362.860 55.04%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Neovasc Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 -1.004
2002 -1.345 25.37%
2003 -17.320 92.24%
2004 -58.054 70.17%
2005 -51.818 -12.03%
2006 -33.133 -56.4%
2007 -35.620 6.98%
2008 -39.761 10.41%
2009 -3.904 -918.47%
2010 -1.829 -113.45%
2011 -2.219 17.54%
2012 -193 -1055.21%
2013 -3.347 94.26%
2014 -7.853 57.37%
2015 -10.222 23.18%
2016 -32.059 68.12%
2017 -7.027 -356.21%
2018 -1.908 -268.48%
2019 -135 -1323.13%
2020 -43 -211.63%
2021 -10 -377.78%
2022 -20 55%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Neovasc Inc. Free Cashflow
Year Free Cashflow Growth
2001 -21.274
2002 -487.198 95.63%
2003 -988.289 50.7%
2004 -3.465.475 71.48%
2005 -3.451.317 -0.41%
2006 -4.581.797 24.67%
2007 -7.050.534 35.01%
2008 -7.005.401 -0.64%
2009 -4.132.562 -69.52%
2010 -2.718.780 -52%
2011 -2.133.158 -27.45%
2012 -2.362.239 9.7%
2013 -5.376.082 56.06%
2014 -8.764.469 38.66%
2015 -23.426.086 62.59%
2016 -40.450.329 42.09%
2017 -139.119.613 70.92%
2018 -22.985.130 -505.26%
2019 -24.215.627 5.08%
2020 -29.783.623 18.69%
2021 -27.276.851 -9.19%
2022 -5.390.230 -406.04%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Neovasc Inc. Operating Cashflow
Year Operating Cashflow Growth
2001 -21.274
2002 -370.123 94.25%
2003 -889.920 58.41%
2004 -3.301.293 73.04%
2005 -3.375.850 2.21%
2006 -4.412.699 23.5%
2007 -6.502.906 32.14%
2008 -6.966.153 6.65%
2009 -4.083.588 -70.59%
2010 -2.604.823 -56.77%
2011 -1.971.018 -32.16%
2012 -2.048.028 3.76%
2013 -4.398.230 53.44%
2014 -7.688.565 42.8%
2015 -21.282.958 63.87%
2016 -39.794.159 46.52%
2017 -138.613.946 71.29%
2018 -22.794.748 -508.1%
2019 -23.972.126 4.91%
2020 -29.441.856 18.58%
2021 -27.112.770 -8.59%
2022 -5.390.230 -403%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Neovasc Inc. Capital Expenditure
Year Capital Expenditure Growth
2001 0
2002 117.075 100%
2003 98.370 -19.02%
2004 164.182 40.09%
2005 75.468 -117.55%
2006 169.098 55.37%
2007 547.628 69.12%
2008 39.248 -1295.3%
2009 48.974 19.86%
2010 113.957 57.02%
2011 162.140 29.72%
2012 314.210 48.4%
2013 977.852 67.87%
2014 1.075.904 9.11%
2015 2.143.128 49.8%
2016 656.170 -226.61%
2017 505.667 -29.76%
2018 190.382 -165.61%
2019 243.501 21.81%
2020 341.767 28.75%
2021 164.081 -108.29%
2022 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Neovasc Inc. Equity
Year Equity Growth
2001 264.931
2002 1.214.025 78.18%
2003 2.834.878 57.18%
2004 3.904.358 27.39%
2005 2.471.322 -57.99%
2006 3.854.645 35.89%
2007 4.222.276 8.71%
2008 2.591.542 -62.93%
2009 872.626 -196.98%
2010 2.707.887 67.77%
2011 5.275.641 48.67%
2012 7.486.394 29.53%
2013 5.280.569 -41.77%
2014 18.015.926 70.69%
2015 57.995.423 68.94%
2016 -15.462.536 475.07%
2017 -36.475.101 57.61%
2018 -9.666.884 -277.32%
2019 -14.445.765 33.08%
2020 1.977.517 830.5%
2021 52.228.111 96.21%
2022 15.839.025 -229.74%
2023 0 0%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Neovasc Inc. Assets
Year Assets Growth
2001 290.148
2002 1.451.822 80.01%
2003 3.570.340 59.34%
2004 4.398.105 18.82%
2005 3.235.171 -35.95%
2006 4.535.481 28.67%
2007 5.745.531 21.06%
2008 3.960.988 -45.05%
2009 2.171.057 -82.45%
2010 3.715.105 41.56%
2011 6.170.534 39.79%
2012 8.844.321 30.23%
2013 6.990.600 -26.52%
2014 20.354.960 65.66%
2015 61.228.394 66.76%
2016 98.809.503 38.03%
2017 22.206.443 -344.96%
2018 11.993.294 -85.16%
2019 10.105.840 -18.68%
2020 17.878.219 43.47%
2021 66.224.839 73%
2022 38.729.112 -70.99%
2023 0 0%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Neovasc Inc. Liabilities
Year Liabilities Growth
2001 25.217
2002 237.797 89.4%
2003 735.461 67.67%
2004 493.746 -48.96%
2005 763.848 35.36%
2006 680.835 -12.19%
2007 1.523.255 55.3%
2008 1.369.446 -11.23%
2009 1.298.430 -5.47%
2010 1.007.217 -28.91%
2011 894.893 -12.55%
2012 1.357.926 34.1%
2013 1.710.031 20.59%
2014 2.339.033 26.89%
2015 3.232.971 27.65%
2016 114.272.039 97.17%
2017 58.681.544 -94.73%
2018 21.660.178 -170.92%
2019 24.551.605 11.78%
2020 15.900.702 -54.41%
2021 13.996.728 -13.6%
2022 22.890.087 38.85%
2023 0 0%

Neovasc Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.39
Net Income per Share
-15.07
Price to Earning Ratio
-1.99x
Price To Sales Ratio
21.78x
POCF Ratio
-3.29
PFCF Ratio
-3.32
Price to Book Ratio
5.18
EV to Sales
18.41
EV Over EBITDA
-1.89
EV to Operating CashFlow
-2.81
EV to FreeCashFlow
-2.8
Earnings Yield
-0.5
FreeCashFlow Yield
-0.3
Market Cap
0,08 Bil.
Enterprise Value
0,07 Bil.
Graham Number
44.32
Graham NetNet
1.95

Income Statement Metrics

Net Income per Share
-15.07
Income Quality
0.61
ROE
-1.21
Return On Assets
-1.06
Return On Capital Employed
-1.18
Net Income per EBT
1
EBT Per Ebit
1.22
Ebit per Revenue
-8.87
Effective Tax Rate
-0

Margins

Sales, General, & Administrative to Revenue
4.11
Research & Developement to Revenue
4.61
Stock Based Compensation to Revenue
2.08
Gross Profit Margin
0.8
Operating Profit Margin
-8.87
Pretax Profit Margin
-10.82
Net Profit Margin
-10.83

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-9.12
Free CashFlow per Share
-9.14
Capex to Operating CashFlow
0
Capex to Revenue
-0.01
Capex to Depreciation
-0.16
Return on Invested Capital
-1.17
Return on Tangible Assets
-1.06
Days Sales Outstanding
240.19
Days Payables Outstanding
1029.67
Days of Inventory on Hand
512.26
Receivables Turnover
1.52
Payables Turnover
0.35
Inventory Turnover
0.71
Capex per Share
-0.02

Balance Sheet

Cash per Share
9,43
Book Value per Share
5,79
Tangible Book Value per Share
5.79
Shareholders Equity per Share
5.79
Interest Debt per Share
5.31
Debt to Equity
0.82
Debt to Assets
0.34
Net Debt to EBITDA
0.35
Current Ratio
2.96
Tangible Asset Value
0,02 Bil.
Net Current Asset Value
0,01 Bil.
Invested Capital
0.82
Working Capital
0,02 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
1283057.5
Debt to Market Cap
0.16

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Neovasc Inc. Dividends
Year Dividends Growth

Neovasc Inc. Profile

About Neovasc Inc.

Neovasc Inc., a specialty medical device company, develops, manufactures, and markets products for cardiovascular marketplace in Europe and internationally. Its products include the Tiara technology for the transcatheter treatment of mitral valve disease; and the Neovasc Reducer for the treatment of refractory angina. The company was formerly known as Medical Ventures Corp. and changed its name to Neovasc Inc. in July 2008. Neovasc Inc. was incorporated in 2000 and is headquartered in Richmond, Canada.

CEO
Mr. Fredericus A. Colen
Employee
49
Address
13562 Maycrest Way
Richmond, V6V 2J7

Neovasc Inc. Executives & BODs

Neovasc Inc. Executives & BODs
# Name Age
1 Susan Milne
Vice President of HR
70
2 Mr. William Reed Little
Chief Operating Officer
70
3 Mr. John Christopher Panton
Chief Quality Officer
70
4 Sarah Marie-Hodgson Gallagher
Vice President of Clinical Affairs
70
5 Mr. Christopher Clark B.A., BA (Honours), C.A., CA, PgD
Chief Financial Officer & Corporation Sec.
70
6 Mr. Fredericus A. Colen
Pres, Chief Executive Officer & Director
70

Neovasc Inc. Competitors