Comparing Nova Vision Acquisition (NOVV) & Its Rivals

Nova Vision Acquisition (NASDAQ:NOVV) is one of 661 publicly-traded companies in the “Holding & other investment offices” industry, but how does it weigh in compared to its competitors? We will compare Nova Vision Acquisition to similar companies based on the strength of its profitability, dividends, risk, institutional ownership, earnings, valuation and analyst recommendations.

Insider and Institutional Ownership

37.4% of Nova Vision Acquisition shares are owned by institutional investors. Comparatively, 54.4% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 43.3% of Nova Vision Acquisition shares are owned by company insiders. Comparatively, 26.2% of shares of all “Holding & other investment offices” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Risk and Volatility

Nova Vision Acquisition has a beta of -0.01, meaning that its stock price is 101% less volatile than the S&P 500. Comparatively, Nova Vision Acquisition’s competitors 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 current ratings and price targets for Nova Vision Acquisition and its competitors, 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	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 competitors higher probable upside, analysts clearly believe Nova Vision Acquisition has less favorable growth aspects than its competitors.

Profitability

This table compares Nova Vision Acquisition and its competitors’ 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 and Valuation

This table compares Nova Vision Acquisition and its competitors top-line 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	$555.94 million	$44.25 million	76.48

Nova Vision Acquisition’s competitors have higher revenue and earnings than Nova Vision Acquisition. Nova Vision Acquisition is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Nova Vision Acquisition competitors beat Nova Vision Acquisition 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.