Comparing Nova Vision Acquisition (NOVV) and Its Peers

Nova Vision Acquisition (NASDAQ:NOVV) is one of 668 public companies in the “Holding & other investment offices” industry, but how does it compare to its rivals? We will compare Nova Vision Acquisition to similar companies based on the strength of its analyst recommendations, dividends, institutional ownership, profitability, valuation, earnings 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	-17.70%	-42.87%	-0.63%

Institutional & Insider Ownership

37.4% of Nova Vision Acquisition shares are owned by institutional investors. Comparatively, 54.2% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 46.6% 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 will outperform the market over the long term.

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	1,233.75
Nova Vision Acquisition Competitors	$1.01 billion	$81.07 million	60.21

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.

Risk & Volatility

Nova Vision Acquisition has a beta of 0.28, meaning that its stock price is 72% less volatile than the S&P 500. Comparatively, Nova Vision Acquisition’s rivals have a beta of 0.03, meaning that their average stock price is 97% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Nova Vision Acquisition and its rivals, as reported by MarketBeat.com.

	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	728	960	19	2.47

As a group, “Holding & other investment offices” companies have a potential upside of 56.13%. Given Nova Vision Acquisition’s rivals higher probable upside, analysts plainly believe Nova Vision Acquisition has less favorable growth aspects than its rivals.

Summary

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

About Nova Vision Acquisition

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.