Nova Vision Acquisition (NASDAQ:NOVV – Get Free Report) is one of 660 publicly-traded companies in the “Holding & other investment offices” industry, but how does it weigh in compared to its peers? We will compare Nova Vision Acquisition to similar businesses based on the strength of its analyst recommendations, earnings, valuation, dividends, risk, institutional ownership and profitability.
Analyst Ratings
This is a summary of recent recommendations and price targets for Nova Vision Acquisition and its peers, 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 53.96%. Given Nova Vision Acquisition’s peers higher probable upside, analysts clearly believe Nova Vision Acquisition has less favorable growth aspects than its peers.
Volatility & Risk
Profitability
This table compares Nova Vision Acquisition and its peers’ 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% |
Earnings & Valuation
This table compares Nova Vision Acquisition and its peers gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Nova Vision Acquisition | N/A | $150,000.00 | 1,850.00 |
Nova Vision Acquisition Competitors | $578.21 million | $45.95 million | 76.47 |
Nova Vision Acquisition’s peers have higher revenue and earnings than Nova Vision Acquisition. Nova Vision Acquisition is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Institutional & Insider Ownership
37.4% of Nova Vision Acquisition shares are held by institutional investors. Comparatively, 54.3% of shares of all “Holding & other investment offices” companies are held by institutional investors. 43.3% of Nova Vision Acquisition shares are held by company insiders. Comparatively, 26.2% of shares of all “Holding & other investment offices” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Summary
Nova Vision Acquisition peers beat Nova Vision Acquisition on 6 of the 10 factors compared.
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.
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