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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›CVSA

CVSA

Covista Inc.

Next earnings Aug 5, 2026 (after close) · consensus $1.92 EPS, $496M rev

Last earnings +1.5% on 2026-05-07

Buy
$127.53
▲ +2.71%
$127.53▼ -0.39%
over 1Y
L $89.36EODHDH $154.45
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+2.7%
1W+6.9%
1M+4.1%
3M+11.3%
YTD+22.1%
1Y-0.4%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Buy
Quality
B+
Valuation
Undervalued
Filings
Clean
Buy
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 10 analysts
Strong Buy

Adtalem (CVSA) compounding nicely: 12.9% revenue growth, EPS +82%, deleveraging, and a buyback — still only 19.9x earnings.

Revenue $1.79B · FY2025

The read

Quality fundamentals and an attractive price line up (~84% below fair value) — the rarer case where both the business and the entry look good.

The numbers and the filing tell a coherent story of operational acceleration. Revenue grew 12.9% to $1.79B in FY2025 with all three segments contributing, while net income jumped 73.3% to $237M and diluted EPS surged 82.3% to $6.18. The MD&A is explicit that the earnings leverage came from a combination of top-line growth, lower interest expense (the $100M January 2025 Term Loan B prepayment is doing real work), reduced amortization of acquired intangibles, and smaller litigation reserves — partially offset by reinvestment in marketing, labor, and growth initiatives. Operating margin expanded to 19.1% and ROE reached 16.5%, both healthy for the for-profit education space.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue$899M$1.38B$1.45B$1.58B$1.79B
Gross profit—————
Operating income$110M$76.7M$168M$217M$342M
Net income$70.0M$311M$93.4M$137M$237M
Diluted EPS$1.36$6.43$2.05$3.39$6.18
Net margin7.8%22.5%6.4%8.6%13.3%

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$4.94B
EV / EBITDA—
EV / Sales2.8
EV / FCF17.2
P / FCF15.9
PEG (trailing)0.28
Earnings yield5.2%
FCF yield6.3%

Quality & risk

ROIC (est.)13.6%
Free cash flow$288M
Total debt$553M
Net cash-$353M
Altman Z-Score4.52 safe
Piotroski F-Score7/8

Capital returns

Buyback yield4.6%
Dividend yield (est.)0.0%
Shareholder yield4.6%
Shares Δ YoY-4.6%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Recent disclosure tone has been improving.
  1. 8-K Earnings results2026-05-07

    Q3 FY26 results — continued enrollment-driven growth, lower debt service

  2. 10-Q Quarterly report2026-05-07

    Q3 FY26 results — continued enrollment-driven growth, lower debt service

  3. 8-K Reg FD disclosure2026-04-09

    Reg FD disclosure with exhibits — investor communication update

  4. 8-K Agreement terminated2026-03-03

    Entered new material agreement and credit facility; prior agreement terminated

  5. 8-K Reg FD disclosure2026-02-24

    Reg FD investor/conference update with supporting exhibits

  6. 8-K Charter / bylaws change2026-02-06

    Bylaw/charter amendment filed alongside Reg FD disclosure

  7. 8-K Earnings results2026-01-28

    Q2 FY26 quarterly results filed; momentum from FY25 trends extending

  8. 10-Q Quarterly report2026-01-28

    Q2 FY26 quarterly results filed; momentum from FY25 trends extending

  9. 10-Q Quarterly report2025-10-30

    Q1 FY26 results — first quarter after strong FY25, growth continuing

Recent filings

all on EDGAR ↗
4Period ending 2026-06-102026-06-12open ↗144Filing2026-06-11open ↗144Filing2026-06-10open ↗11-KPeriod ending 2025-12-312026-06-01open ↗3Period ending 2026-05-182026-05-20open ↗4Period ending 2026-05-182026-05-20open ↗4Period ending 2026-05-082026-05-12open ↗4Period ending 2026-05-082026-05-12open ↗4Period ending 2026-05-082026-05-12open ↗4Period ending 2026-05-082026-05-12open ↗144Filing2026-05-08open ↗144/AFiling2026-05-08open ↗

Quality score

B+
ValueGrowthProfitHealthMom.
ValueB-
GrowthA
ProfitabilityA-
Financial healthA-
Momentum—
  • ✓Revenue growing year-over-year
  • ✓Profitable (positive net income)
  • ✓Net margin above 10%
  • ✓Return on equity above 15%
  • ✓Liabilities below 2× equity
  • ✓P/E below 25

Fair value est.

$234.84

Undervalued +84% vs price

cheapfair valueexpensive

Modified Graham: EPS $6.18 × (8.5 + 1.5 × 22.0% growth) × 1.00 quality = 38.0× multiple. An estimate, not a price target.

Revenue
$1.79B
+12.9% YoY
Net margin
13.3%
ROE
16.5%
P/E
20.6

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$1.79B+12.9%
Net income$237M+73.3%
Operating income$342M+57.4%
Diluted EPS$6.18+82.3%
Cash & equivalents$200M-9.0%
Total assets$2.75B+0.4%
Total liabilities$1.32B-3.9%
Stockholders' equity$1.43B+4.7%
Op.: 19.1%L/E: 0.92x

Frequently asked

Is Covista Inc. (CVSA) a buy?
CVSA currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. Adtalem (CVSA) compounding nicely: 12.9% revenue growth, EPS +82%, deleveraging, and a buyback — still only 19.9x earnings.
What is CVSA's fair value?
A Modified-Graham model based on CVSA's SEC fundamentals estimates a fair value of about $234.84. It is an estimate from reported earnings, not a price target.
Is CVSA overvalued or undervalued?
Against a Modified-Graham fair-value estimate, CVSA currently appears undervalued relative to its SEC-grounded earnings power.
What is Covista Inc.'s quality score?
CVSA scores 79.27450980392155/100 (grade B+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0000730464, latest 10-Q filed 2026-05-07) · EODHD · analysis by claude-code · as of 6/25/2026, 12:58:05 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 0 open-market buys · 6 sales

2026-06-11
Beard, Stephen W.
Chairman & CEO
Sell2.53K @ $130.78$331K
2026-06-10
Beard, Stephen W.
Chairman & CEO
Sell2.76K @ $130.14$359K
2026-05-18
Gangadharan Manjunath
VP, Chief Accounting Officer
Tax426.00 @ $127.85$54.5K
2026-05-08
Phelan Robert J.
Chief Financial Officer
Sell10.0K @ $126.21$1.26M
2026-05-08
BECK DOUGLAS G.
SVP, GC, Corp. Sec & ISS
Sell9.62K @ $127.03$1.22M
2026-05-08
Cox Karen Sue
President, Chamberlain Univ.
Sell2.00K @ $124.50$249K
2026-05-08
Beard, Stephen W.
Chairman & CEO
Sell15.9K @ $131.25$2.08M
2026-04-15
Liles Scott
President, Medical and Vet
Tax448.00 @ $112.49$50.4K
2026-03-11
MALAFRONTE MICHAEL W
Director
Buy8.89K @ $100.94$897K
2026-03-10
MALAFRONTE MICHAEL W
Director
Buy11.8K @ $100.86$1.19M
2026-03-10
MALAFRONTE MICHAEL W
Director
Buy15.3K @ $100.86$1.54M

Dividends

Irregular
Yield (TTM)
—
Annual / share
—
Last ex-date
2016-11-30
Last amount
$0.18
ex 2016-11-30paid 2016-12-22$0.18
ex 2016-06-01paid 2016-06-24$0.18
ex 2015-12-02paid 2015-12-23$0.18
ex 2015-06-03paid 2015-06-26$0.18
ex 2014-12-03paid 2014-12-26$0.18
ex 2014-06-04paid 2014-06-27$0.17

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Earnings history

beat/miss · move
2026-05-07Beat +12.7% est▲ +1.47%8-K ↗
2026-01-28Beat +8.9% est▲ +0.61%8-K ↗
2025-10-30Beat +8.8% est▲ +0.52%8-K ↗
2025-08-07Beat +6.2% est▼ -0.49%8-K ↗
2025-05-08—▲ +0.99%8-K ↗
2025-01-30—▲ +2.56%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
Covista's Chamberlain Growth Path Remains Credible, Truist SaysBullish
finance.yahoo.com· 2026-06-26
3 Small-Cap Stocks That Fall ShortBullish
finance.yahoo.com· 2026-06-22
Consumer Discretionary - Education Services Stocks Q1 Recap: Benchmarking Laureate Education (NASDAQ:LAUR)Bullish
finance.yahoo.com· 2026-06-19
Covista Chairman & CEO Sells About 5,300 Shares Near 8-Month High PriceBullish
finance.yahoo.com· 2026-06-18
3 Reasons to Sell CVSA and 1 Stock to Buy InsteadBullish
finance.yahoo.com· 2026-06-17
Covista (CVSA) Stock Valuation Check After Recent Trading VolatilityBullish
finance.yahoo.com· 2026-06-14

Vs tracked universe

compare →

1044 tracked peers · median

EDGAR Score79 vs 67
Revenue growth12.9% vs 7.1%
Net margin13.3% vs 10.5%
Return on equity16.5% vs 12.3%
P/E20.6 vs 25.5

News sentiment

EODHD · 18d
Bullish
+0.09
vs typical · 24 articles
↓ cooling

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.