Coveo Solutions Inc
TSX:CVO

Watchlist Manager
Coveo Solutions Inc Logo
Coveo Solutions Inc
TSX:CVO
Watchlist
Price: 4.43 CAD -4.11% Market Closed
Market Cap: CA$415.3m

EV/S

1.5
Current
56%
Cheaper
vs 3-y average of 3.3

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1.5
=
Enterprise Value
CA$424.2m
/
Revenue
$145.3m

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1.5
=
Enterprise Value
CA$424.2m
/
Revenue
$145.3m

Valuation Scenarios

Coveo Solutions Inc is trading below its 3-year average

If EV/S returns to its 3-Year Average (3.3), the stock would be worth CA$9.96 (125% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+127%
Average Upside
105%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 1.5 CA$4.43
0%
3-Year Average 3.3 CA$9.96
+125%
5-Year Average 3.4 CA$10.04
+127%
Industry Average 2.6 CA$7.65
+73%
Country Average 2.9 CA$8.72
+97%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
CA$424.2m
/
Jan 2026
$145.3m
=
1.5
Current
CA$424.2m
/
Mar 2026
$149.8m
=
2.8
Forward
CA$424.2m
/
Mar 2027
$168.9m
=
2.5
Forward
CA$424.2m
/
Mar 2028
$198.2m
=
2.1
Forward
CA$424.2m
/
Mar 2029
$452m
=
0.9
Forward
CA$424.2m
/
Mar 2030
$551.5m
=
0.8
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
CA
Coveo Solutions Inc
TSX:CVO
419.4m CAD 1.5 -9.3
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.5 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
341B USD 74.5 209.4
DE
SAP SE
XETRA:SAP
171.8B EUR 4.6 23.4
US
Salesforce Inc
NYSE:CRM
166.9B USD 4 22.4
US
Applovin Corp
NASDAQ:APP
151.7B USD 27.9 45.5
US
Intuit Inc
NASDAQ:INTU
109.9B USD 5.5 25.3
US
Adobe Inc
NASDAQ:ADBE
99.6B USD 4 13.8
US
Synopsys Inc
NASDAQ:SNPS
95.9B USD 13 87
US
NCR Corp
LSE:0K45
86.7B USD 32.6 2 065.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
90.5B USD 17.2 81.6
P/E Multiple
Earnings Growth PEG
CA
Coveo Solutions Inc
TSX:CVO
Average P/E: 286
Negative Multiple: -9.3
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
209.4
58%
3.6
DE
SAP SE
XETRA:SAP
23.4
17%
1.4
US
Salesforce Inc
NYSE:CRM
22.4
31%
0.7
US
Applovin Corp
NASDAQ:APP
45.5
38%
1.2
US
Intuit Inc
NASDAQ:INTU
25.3
30%
0.8
US
Adobe Inc
NASDAQ:ADBE
13.8
20%
0.7
US
Synopsys Inc
NASDAQ:SNPS
87
44%
2
US
N
NCR Corp
LSE:0K45
2 065.2
52%
39.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
81.6
39%
2.1

Market Distribution

Lower than 73% of companies in Canada
Percentile
27th
Based on 2 384 companies
27th percentile
1.5
Low
0 — 1.7
Typical Range
1.7 — 5.7
High
5.7 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.7
Median 2.9
70th Percentile 5.7
Max 15 639 353.3

Coveo Solutions Inc
Glance View

Market Cap
415.3m CAD
Industry
Technology

Coveo Solutions, Inc. designs and develops enterprise search engine applications. The company is headquartered in Quebec City, Quebec. The company went IPO on 2021-11-18. Its software as a service (SaaS) native, multi-tenant platform injects search, recommendations, and personalization solutions into digital experiences. The company provides solutions for e-commerce, service, Website, and workplace applications. Its applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. Its technology indexes massive amounts of data and content from a variety of siloed and disparate sources. Using behavioral analytics, machine learning, and deep learning, it leverages data to: understand context and deliver search, ranking, and navigation; anticipate likely outcomes and formulate recommendations to tailor every individual digital experience; and create personalized and content, culminating in 360 degrees of relevance.

CVO Intrinsic Value
5.6 CAD
Undervaluation 21%
Intrinsic Value
Price CA$4.43
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett