Critical Review: Nova Vision Acquisition (NOVV) & The Competition
by Renee Jackson · The Cerbat GemNova Vision Acquisition (NASDAQ:NOVV – Get Free Report) is one of 665 publicly-traded companies in the “Holding & other investment offices” industry, but how does it compare to its peers? We will compare Nova Vision Acquisition to similar businesses based on the strength of its institutional ownership, risk, dividends, profitability, analyst recommendations, earnings and valuation.
Insider & Institutional Ownership
37.4% of Nova Vision Acquisition shares are owned by institutional investors. Comparatively, 53.7% 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, 25.9% of shares of all “Holding & other investment offices” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Analyst Ratings
This is a breakdown of current ratings and recommmendations for Nova Vision Acquisition and its peers, as reported 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 54.93%. Given Nova Vision Acquisition’s peers higher possible upside, analysts plainly believe Nova Vision Acquisition has less favorable growth aspects than its peers.
Profitability
This table compares Nova Vision Acquisition and its peers’ 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% |
Risk and Volatility
Nova Vision Acquisition has a beta of -0.01, indicating that its share price is 101% less volatile than the S&P 500. Comparatively, Nova Vision Acquisition’s peers have a beta of 0.03, indicating that their average share price is 97% less volatile than the S&P 500.
Earnings & Valuation
This table compares Nova Vision Acquisition and its peers revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Nova Vision Acquisition | N/A | $150,000.00 | 1,850.01 |
| Nova Vision Acquisition Competitors | $1.01 billion | $79.21 million | 64.52 |
Nova Vision Acquisition’s peers have higher revenue and earnings than Nova Vision Acquisition. Nova Vision Acquisition is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Nova Vision Acquisition Company Profile
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.