Nova Vision Acquisition (NASDAQ:NOVV – Get Free Report) is one of 668 public 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 institutional ownership, analyst recommendations, risk, dividends, valuation, profitability and earnings.
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% |
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 | 1,850.00 |
Nova Vision Acquisition Competitors | $972.28 million | $76.39 million | 64.18 |
Volatility & Risk
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.
Institutional & Insider Ownership
37.4% of Nova Vision Acquisition shares are held by institutional investors. Comparatively, 53.8% 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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Analyst Recommendations
This is a breakdown 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 | 727 | 959 | 18 | 2.47 |
As a group, “Holding & other investment offices” companies have a potential upside of 55.88%. Given Nova Vision Acquisition’s rivals higher possible upside, analysts plainly believe Nova Vision Acquisition has less favorable growth aspects than its rivals.
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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