Comparing Nova Vision Acquisition (NOVV) and The Competition
by Scott Moore · The Cerbat GemNova Vision Acquisition (NASDAQ:NOVV – Get Free Report) is one of 666 public 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 institutional ownership, dividends, risk, profitability, analyst recommendations, valuation and earnings.
Volatility & Risk
Nova Vision Acquisition has a beta of -0.01, suggesting 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, suggesting that their average stock price is 97% less volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of current recommendations and price targets for Nova Vision Acquisition and its competitors, as provided 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 | 727 | 959 | 18 | 2.47 |
As a group, “Holding & other investment offices” companies have a potential upside of 55.46%. Given Nova Vision Acquisition’s competitors higher probable upside, analysts plainly believe Nova Vision Acquisition has less favorable growth aspects than its competitors.
Valuation & Earnings
This table compares Nova Vision Acquisition and its competitors top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Nova Vision Acquisition | N/A | $150,000.00 | 1,850.01 |
| Nova Vision Acquisition Competitors | $973.27 million | $76.39 million | 65.99 |
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.
Institutional & Insider 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 endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
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 | -18.97% | -42.49% | -0.62% |
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.