Covista Inc. (CVSA) Key Metrics
CVSA valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $4.29B
- Enterprise value
- $4.69B
- P/E (TTM)
- 16.9 10-yr median 20.1
- Forward P/E
- 13.6
- PEG ratio
- 0.91
- Price / sales
- 2.2 10-yr median 2.0
- Price / book
- 2.9 10-yr median 1.7
- EV / EBITDA
- 10.3 10-yr median 9.7
- Dividend yield
- —
- Beta
- 0.65
CVSA key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsCVSA valuation Price multiples at each fiscal year-end price.
CVSA returns How much profit the business earns on the capital it uses.
CVSA per-share figures Results divided by the shares outstanding at year-end.
CVSA financial health Debt, liquidity and how easily interest is covered.
CVSA efficiency & capital use Working capital cycle and where the cash goes.
CVSA valuation history
CVSA returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CVSA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CVSA cash returned to shareholders
CVSA price vs earnings per share
CVSA key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.45B | $4.88B | $2.75B | $1.57B | $1.74B | $1.84B | $1.69B | $2.67B | $3.00B | $2.43B |
| Enterprise value | $4.95B | $5.45B | $3.38B | $2.19B | $2.46B | $2.66B | $1.71B | $2.87B | $2.86B | $2.31B |
| P/E ratio | 17.7 | 21.0 | 20.1 | 16.2 | — | 23.9 | 8.3 | 20.8 | 88.7 | 19.9 |
| Price / sales | 2.3 | 2.7 | 1.7 | 1.1 | 1.3 | 2.0 | 1.6 | 2.6 | 2.4 | 2.0 |
| Price / book | 3.1 | 3.4 | 2.0 | 1.1 | 1.2 | 1.4 | 1.3 | 1.9 | 2.0 | 1.5 |
| Price / free cash flow | 11.3 | 17.0 | 11.1 | 9.4 | — | 12.1 | 24.7 | 18.1 | 15.6 | 12.9 |
| Price / operating cash flow | 9.5 | 14.4 | 9.3 | 8.2 | 164.2 | 9.6 | 15.6 | 13.0 | 12.5 | 10.5 |
| EV / sales | 2.5 | 3.0 | 2.1 | 1.5 | 1.8 | 2.9 | 1.6 | 2.8 | 2.3 | 1.9 |
| EV / EBITDA | 11.1 | 12.8 | 8.9 | 6.7 | 9.3 | 12.6 | 6.4 | 12.8 | 10.1 | 9.0 |
| EV / free cash flow | 12.6 | 19.0 | 13.7 | 13.2 | — | 17.5 | 25.1 | 19.5 | 14.8 | 12.3 |
| Earnings yield | 5.7% | 4.8% | 5.0% | 6.2% | −9.3% | 4.2% | 12.0% | 4.8% | 1.1% | 5.0% |
| Free cash flow yield | 8.8% | 5.9% | 9.0% | 10.6% | −1.2% | 8.3% | 4.0% | 5.5% | 6.4% | 7.8% |
| Dividend yield | — | — | — | 0.2% | 0.5% | 0.1% | 0.2% | 0.7% | 0.0% | 0.5% |
| Shareholder yield (dividends + buybacks) | 5.4% | 4.7% | 9.8% | 8.4% | 7.6% | 5.8% | 8.7% | 10.4% | 4.7% | 2.6% |
| Share price at fiscal year-end | $124.66 | $127.23 | $68.21 | $34.34 | $35.97 | $35.64 | $31.15 | $45.05 | $48.10 | $37.95 |
| Per share | ||||||||||
| Revenue per share | $54.71 | $46.65 | $39.31 | $31.82 | $28.56 | $17.56 | $19.45 | $17.09 | $19.84 | $18.87 |
| Earnings per share | $7.04 | $6.07 | $3.39 | $2.13 | −$3.36 | $1.49 | $3.74 | $2.17 | $0.54 | $1.91 |
| Operating cash flow per share | $13.17 | $8.81 | $7.34 | $4.21 | $0.22 | $3.72 | $1.99 | $3.45 | $3.84 | $3.61 |
| Free cash flow per share | $11.00 | $7.50 | $6.13 | $3.64 | −$0.42 | $2.95 | $1.26 | $2.48 | $3.09 | $2.94 |
| Cash per share | $11.38 | $5.21 | $5.44 | $5.97 | $7.17 | $9.22 | $9.25 | $3.44 | $6.92 | $3.84 |
| Book value per share | $40.49 | $37.40 | $33.97 | $31.96 | $30.82 | $25.19 | $24.22 | $23.45 | $24.39 | $26.17 |
| Tangible book value per share | −$7.54 | −$7.65 | −$9.15 | −$6.94 | −$7.10 | $16.52 | $6.22 | $6.85 | $5.50 | $6.41 |
| Dividends per share | — | — | — | $0.07 | $0.19 | $0.03 | $0.07 | $0.29 | $0.00 | $0.18 |
| Capex per share | $2.18 | $1.31 | $1.21 | $0.57 | $0.64 | $0.77 | $0.73 | $0.97 | $0.75 | $0.66 |
| Debt per share | $25.35 | $20.19 | $21.03 | $19.65 | $22.05 | $25.18 | $9.75 | $6.76 | $4.71 | $1.95 |
| Shares outstanding | 35.7M | 38.3M | 40.3M | 45.6M | 48.4M | 51.6M | 54.1M | 59.3M | 62.3M | 64.0M |
| Change in shares outstanding | −6.8% | −4.9% | −11.6% | −5.8% | −6.3% | −4.5% | −8.8% | −4.7% | −2.7% | −0.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 17.5% | 16.6% | 9.7% | 6.6% | −11.6% | 5.9% | 15.0% | 8.8% | 2.1% | 7.5% |
| Return on invested capital (ROIC) | 15.0% | 13.3% | 8.9% | 9.6% | 5.7% | 7.6% | 11.4% | 9.4% | 9.0% | 8.9% |
| Return on assets (ROA) | 8.7% | 8.5% | 4.9% | 3.3% | −5.3% | 2.9% | 9.0% | 5.6% | 1.4% | 5.5% |
| Return on tangible assets | 19.4% | 22.7% | 13.6% | 9.3% | −13.6% | 2.9% | 16.1% | 10.2% | 2.9% | 11.7% |
| Free cash flow margin | 20.1% | 16.1% | 15.6% | 11.4% | −1.5% | 16.8% | 6.5% | 14.5% | 15.6% | 15.6% |
| Income quality (OCF / net income) | 1.87 | 1.45 | 2.16 | 1.98 | — | 2.50 | 0.53 | 1.59 | 7.08 | 1.89 |
| Financial health | ||||||||||
| Total debt | $905.5M | $774.0M | $847.9M | $896.2M | $1.07B | $1.30B | $527.2M | $401.1M | $293.1M | $125.0M |
| Cash & short-term investments | $406.3M | $199.6M | $219.3M | $272.2M | $347.0M | $476.4M | $500.5M | $204.2M | $430.7M | $246.0M |
| Net debt | $499.2M | $574.4M | $628.5M | $624.0M | $719.8M | $824.3M | $26.7M | $196.9M | −$137.6M | −$121.0M |
| Debt / equity | 0.63 | 0.54 | 0.62 | 0.61 | 0.72 | 1.00 | 0.40 | 0.29 | 0.19 | 0.07 |
| Debt / assets | 0.30 | 0.28 | 0.31 | 0.32 | 0.35 | 0.42 | 0.24 | 0.18 | 0.12 | 0.05 |
| Net debt / EBITDA | 1.12 | 1.34 | 1.66 | 1.91 | 2.72 | 3.91 | 0.10 | 0.88 | −0.49 | −0.47 |
| Current ratio | 1.09 | 0.82 | 0.86 | 1.11 | 1.32 | 3.71 | 2.00 | 1.62 | 1.88 | 1.25 |
| Quick ratio | 1.09 | 0.82 | 0.86 | 1.11 | 1.32 | 3.71 | 2.00 | 1.62 | 1.88 | 1.25 |
| Interest coverage | 9.8 | 6.5 | 3.4 | 3.6 | 1.6 | 3.7 | 18.2 | 9.2 | 15.8 | 14.8 |
| Working capital | $55.6M | −$91.7M | −$69.6M | $49.1M | $133.5M | $1.11B | $346.8M | $193.1M | $322.2M | $93.9M |
| Invested capital | $1.95B | $2.01B | $2.00B | $2.08B | $2.21B | $2.13B | $1.34B | $1.59B | $1.38B | $1.55B |
| Tangible asset value | −$269.3M | −$293.1M | −$368.8M | −$316.3M | −$343.5M | $855.1M | $339.5M | $415.8M | $351.6M | $410.2M |
| Net current asset value | −$914.1M | −$902.5M | −$954.2M | −$872.9M | −$981.8M | −$267.0M | −$222.6M | −$336.9M | −$128.6M | −$167.5M |
| Graham number | $80.11 | $71.47 | $50.93 | $39.10 | — | $29.05 | $45.14 | $33.84 | $17.25 | $33.54 |
| Graham net-net per share | −$28.92 | −$26.33 | −$26.24 | −$22.00 | −$23.37 | −$24.66 | −$6.46 | −$9.90 | −$4.68 | −$4.10 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | $3.2M | $9.4M | $1.7M | $3.8M | $17.4M | $0 | $11.4M |
| Share buybacks (net) | $239.9M | $227.3M | $269.7M | $127.7M | $122.8M | $104.2M | $142.4M | $259.7M | $141.2M | $51.5M |
| Dividend payout ratio | — | — | — | 3.3% | — | 2.2% | 1.9% | 13.5% | 0.0% | 9.3% |
| Dividends + buybacks / free cash flow | 61.1% | 79.0% | 109.2% | 78.9% | — | 69.5% | 214.7% | 188.1% | 73.3% | 33.4% |
| Capex / revenue | 4.0% | 2.8% | 3.1% | 1.8% | 2.2% | 4.4% | 3.8% | 5.7% | 3.8% | 3.5% |
| Capex / operating cash flow | 16.5% | 14.9% | 16.5% | 13.6% | 292.9% | 20.7% | 36.8% | 28.1% | 19.5% | 18.4% |
| Capex / depreciation | 0.94 | 0.60 | 0.45 | 0.17 | 0.17 | 0.47 | 0.40 | 1.41 | 0.88 | 0.75 |
| Stock-based compensation / revenue | 2.1% | 2.3% | 1.6% | 1.0% | 1.6% | 1.4% | 1.3% | 1.3% | 1.2% | 1.4% |
| SG&A / revenue | 37.4% | 37.5% | 38.8% | 24.6% | 27.2% | 32.3% | 26.6% | 35.4% | 26.5% | 30.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 29.5 | 27.9 | 26.4 | 23.2 | 16.5 | 26.2 | 26.7 | 34.6 | 44.1 | 47.4 |
| Days of inventory on hand | — | — | 0.4 | 0.7 | — | — | 0.0 | 0.0 | 0.0 | — |
| Days payables outstanding | 50.3 | 49.1 | 48.2 | 37.5 | 24.9 | 36.3 | 37.6 | 39.3 | 32.6 | 36.9 |
| Cash conversion cycle (days) | -20.8 | -21.3 | -21.4 | -13.5 | -8.4 | -10.1 | -10.9 | -4.6 | 11.5 | 10.6 |
| Receivables turnover | 12.38 | 13.10 | 13.80 | 15.74 | 22.17 | 13.94 | 13.66 | 10.53 | 8.27 | 7.69 |
| Payables turnover | 7.26 | 7.43 | 7.57 | 9.74 | 14.66 | 10.05 | 9.70 | 9.30 | 11.18 | 9.90 |
| Inventory turnover | — | — | 1,008.01 | 488.26 | — | — | 484,164,000.00 | 468,912,000.00 | 1,249,700,000.00 | — |
| Asset turnover | 0.68 | 0.65 | 0.57 | 0.50 | 0.45 | 0.34 | 0.47 | 0.44 | 0.53 | 0.55 |
| Average receivables | $157.9M | $136.5M | $114.8M | $92.2M | $62.3M | $65.0M | $77.0M | $96.2M | $149.4M | $157.0M |
| Average payables | $114.9M | $103.8M | $92.2M | $69.5M | $49.8M | $44.5M | $49.9M | $50.4M | $55.9M | $64.5M |
| Average inventory | — | — | $693,000 | $1.4M | — | — | $1 | $1 | $0 | $0 |
| Intangibles / total assets | 56.9% | 62.7% | 63.4% | 63.1% | 60.6% | 14.5% | 43.7% | 43.9% | 50.2% | 54.7% |
Computed from CVSA's annual financial statements (latest annual report filed June 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CVSA valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), Covista traded at 17.7 times earnings, against a 10-year median of 20.1. Based on the latest twelve months, the trailing P/E is 16.9 and the forward P/E is 13.6. Covista earned a return on equity of 17.5% and a return on invested capital of 15.0% in fiscal 2026. It ended the year with $905.5 million of debt and $406.3 million in cash and short-term investments, net debt of $499.2 million. It returned $239.9 million to shareholders: $0 in dividends and $239.9 million in share buybacks, 61% of free cash flow. The share count fell 44.2% from 64.0M to 35.7M over 9 years.
See the CVSA income statement, the CVSA chart for price history, or the CVSA stock overview for the latest quote and news.
CVSA key metrics FAQ
What is Covista's P/E ratio?
Covista's trailing P/E ratio is 16.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 13.6. At the end of fiscal 2026 it was 17.7, compared with a 10-year median of 20.1.
What is Covista's EV/EBITDA?
Covista's enterprise value was 11.1 times EBITDA at the end of fiscal 2026 (enterprise value $5.0 billion, EBITDA $444.8 million); the current EV/EBITDA is 10.3.
What is Covista's return on equity?
Covista's return on equity (ROE) was 17.5% in fiscal 2026: net income of $251.6 million on average shareholders' equity of $1.4 billion.
What is Covista's ROIC?
Covista's return on invested capital was 15.0% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Covista have?
Covista had total debt of $905.5 million at the end of fiscal 2026, a debt-to-equity ratio of 0.63 and $499.2 million of net debt (1.12 times EBITDA).
Does Covista buy back its shares?
Yes. Covista spent $239.9 million on net share repurchases in fiscal 2026 Shares outstanding changed −6.8% over the year, to 35.7M..
What is Covista's free cash flow yield?
Covista generated $392.7 million of free cash flow in fiscal 2026, a free cash flow yield of 8.8% on its market value at year-end ($4.5 billion).
What is Covista's current ratio?
Covista's current ratio was 1.09 at the end of fiscal 2026: current assets were 1.09 times current liabilities.