Nova Eye Medical Share Price and Company Fundamentals



Price
$0.2
Change
-0.010 (-4.762%)
52 week
0.18 - 0.42

Last traded: Today at 3:01 AM

Nova Eye Medical Limited designs, develops, distributes, markets, sells, and services surgical devices for the treatment of glaucoma. The company offers iTrack, a surgical system for the reduction in intraocular pressure (IOP) in adult patients with open-angle glaucoma; iTrack Advance, a natural ocular drainage system; Molteno3, a glaucoma drainage device to treat patients with severe or complex glaucoma; and 2RT, a proprietary laser technology to treat patients in early/intermediate age-related macular degeneration. It operates in Australia, the United States, Europe, the Asia Pacific, and internationally. The company was formerly known as Ellex Medical Lasers Limited and changed its name to Nova Eye Medical Limited in July 2020. Nova Eye Medical Limited was founded in 1985 and is headquartered in Kent Town, Australia.

Key Metrics

PE ratio

-

PB ratio

1.01

Dividend yield

0.00%

Beta

0.78

Market cap

-

Enterprise value

-

Company profile

Primary activitiesMedical devices manufacturer.
Industry / SectorMedical Devices / Healthcare
Websitehttps://nova-eye.com
Mailing address107 Rundle Street Kent Town SA 5067 Australia
Phone / Fax61 8 8362 0193 / 61 8 8362 0193
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Nova Eye Medical Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Nova Eye Medical paid $0.00 dividend and the ex-dividend date was 21 July 2020.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.EYE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

EYE's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Oct 2022, following are the company executives and directors listed on Nova Eye Medical.

NameTitleAgeTotal Pay
Mr. Victor Previn B.E., B.EngFounder & Exec. Chairman63220.14k
Mr. Thomas H. Spurling AM, BSc (Hons), FRACI, FTSE, Ph.D.MD & Exec. Director59219.58k
Liam CookChief Financial Officer
Mr. Keith ByrneVP of Global Operations
Mark FlynnInvestor Relations
Ms. Kate HuntHead of Marketing
Dr. David Lubeck M.D.Chief Medical Officer
Mr. Bill SwaimPres of Laserex IS Ellex (USA)
Mr. Joaquin V. WolffPres of Ellex iTrack63
Ms. Kimberley MenziesGroup Financial Controller & Global Fin. Mang.

Profitability and management effectiveness

Profit margin

-56.03%

Operating margin

-72.50%

Return on assets

-15.42%

Return on equity

-22.81%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Nova Eye Medical is and its enterprise value is .

The EYE's stocks Beta value is 0.78 making it 22% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Nova Eye Medical (EYE)

Nova Eye Medical (ASX:EYE) Frequently Asked Questions

1. What is Nova Eye Medical's Stock Symbol?

Nova Eye Medical trades on ASX under the ticker symbol "EYE".

2. What is Nova Eye Medical's stock price today?

One share of EYE stock can currently be purchased for approximately $0.2.

3. How can I contact Nova Eye Medical?

Nova Eye Medical's mailing address is 107 Rundle Street Kent Town SA 5067 Australia. The company can be reached via phone at 61 8 8362 0193.

4. What is Nova Eye Medical's official website?

The official website of Nova Eye Medical is https://nova-eye.com.

5. Which share registry manages Nova Eye Medical's stock?

Nova Eye Medical's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.