Nova Vision Acquisition (NOVV) & Its Competitors Head-To-Head Analysis

Nova Vision Acquisition (NASDAQ:NOVV) is one of 665 publicly-traded companies in the “Holding & other investment offices” industry, but how does it weigh in compared to its rivals? We will compare Nova Vision Acquisition to related businesses based on the strength of its valuation, profitability, earnings, dividends, risk, analyst recommendations and institutional ownership.

Risk and Volatility

Nova Vision Acquisition has a beta of -0.01, suggesting that its share price is 101% less volatile than the S&P 500. Comparatively, Nova Vision Acquisition’s rivals have a beta of 0.03, suggesting that their average share price is 97% less volatile than the S&P 500.

Institutional & Insider Ownership

37.4% of Nova Vision Acquisition shares are held by institutional investors. Comparatively, 53.7% of shares of all “Holding & other investment offices” companies are held by institutional investors. 43.3% of Nova Vision Acquisition shares are held by insiders. Comparatively, 25.9% of shares of all “Holding & other investment offices” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Nova Vision Acquisition and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nova Vision Acquisition	N/A	-2.84%	0.50%
Nova Vision Acquisition Competitors	-18.97%	-42.49%	-0.62%

Analyst Recommendations

This is a summary of current recommendations and price targets for Nova Vision Acquisition and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nova Vision Acquisition	0	0	0	0	N/A
Nova Vision Acquisition Competitors	128	728	959	18	2.47

As a group, “Holding & other investment offices” companies have a potential upside of 55.75%. Given Nova Vision Acquisition’s rivals higher probable upside, analysts plainly believe Nova Vision Acquisition has less favorable growth aspects than its rivals.

Valuation & Earnings

This table compares Nova Vision Acquisition and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Nova Vision Acquisition	N/A	$150,000.00	1,850.01
Nova Vision Acquisition Competitors	$1.01 billion	$79.21 million	64.67

Nova Vision Acquisition’s rivals have higher revenue and earnings than Nova Vision Acquisition. Nova Vision Acquisition is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Nova Vision Acquisition Company Profile

Nova Vision Acquisition Corporation does not have significant operations. The company intends to effect into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It focuses on sourcing opportunities that are in the PropTech, FinTech, ConsumerTech, supply chain management industries, or technology companies that serve these or other sectors. The company was formerly known as Lighthouse Acquisition. Nova Vision Acquisition Corporation was incorporated in 2021 and is based in Singapore.