Nova Vision Acquisition (NOVV) versus The Competition Critical Survey

Nova Vision Acquisition (NASDAQ:NOVVGet Free Report) is one of 669 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 related businesses based on the strength of its valuation, analyst recommendations, institutional ownership, earnings, profitability, dividends and risk.

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 Ratings

This is a summary of recent ratings and target prices for Nova Vision Acquisition and its rivals, as provided 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 54.58%. 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, 53.8% 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, 25.9% of shares of all “Holding & other investment offices” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Risk and Volatility

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

Earnings and Valuation

This table compares Nova Vision Acquisition and its rivals revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Nova Vision Acquisition N/A $150,000.00 1,850.93
Nova Vision Acquisition Competitors $1.00 billion $79.25 million 63.37

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.

About Nova Vision Acquisition

(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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