Reviewing Nova Vision Acquisition (NOVV) & Its Peers

Nova Vision Acquisition (NASDAQ:NOVVGet Free Report) is one of 661 publicly-traded companies in the “Holding & other investment offices” industry, but how does it compare to its rivals? We will compare Nova Vision Acquisition to similar businesses based on the strength of its profitability, institutional ownership, earnings, dividends, valuation, risk and analyst recommendations.

Analyst Ratings

This is a summary of recent ratings 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 115 685 933 19 2.49

As a group, “Holding & other investment offices” companies have a potential upside of 53.99%. Given Nova Vision Acquisition’s rivals higher probable upside, analysts clearly believe Nova Vision Acquisition has less favorable growth aspects than its rivals.

Institutional & Insider Ownership

37.4% of Nova Vision Acquisition shares are owned by institutional investors. Comparatively, 54.4% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 43.3% of Nova Vision Acquisition shares are owned by insiders. Comparatively, 26.1% of shares of all “Holding & other investment offices” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

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 -11.59% -45.10% 0.85%

Risk & Volatility

Nova Vision Acquisition has a beta of -0.01, suggesting that its stock 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 stock price is 97% less volatile than the S&P 500.

Valuation and 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 $563.03 million $44.25 million 74.99

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.

Summary

Nova Vision Acquisition rivals beat Nova Vision Acquisition on 6 of the 10 factors compared.

Nova Vision Acquisition Company Profile

(Get Free Report)

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.

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