Polynovo Limited (AU:PNV)
ASX:PNV
Want to see AU:PNV full AI Analyst Report?
PNV Stock Chart & Stats
AU$1.01
AU$0.01(0.49%)
At close: 4:00 PM EST
AU$1.01
AU$0.01(0.49%)
Day’s Range― - ―
52-Week RangeAU$0.87 - AU$1.67
Previous CloseN/A
Volume733.50K
Average Volume (3M)1.48M
Market Cap
AU$728.84M
Enterprise ValueAU$845.35M
Total Cash (Recent Filing)AU$29.26M
Total Debt (Recent Filing)AU$31.74M
Price to Earnings (P/E)73.2
Beta1.74
Next Earnings
Aug 21, 2026EPS Estimate
0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.01
Shares Outstanding690,843,000
10 Day Avg. Volume1,478,953
30 Day Avg. Volume1,476,427
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)9.95
Price to Sales (P/S)6.51
P/FCF Ratio-76.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.56Price Target Upside54.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)<0.01
Revenue Forecast (FY)AU$150.68M
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthConsistent double‑digit group sales growth demonstrates expanding clinical adoption and deeper penetration in core hospital markets. A 26% YoY uplift with U.S. and RoW momentum implies a durable revenue base driven by procedure volumes, new accounts and product mix rather than one‑off items.
Very High Gross MarginsExceptionally high gross margins indicate a structurally advantaged product economics and manufacturing cost profile. High unit margins provide durable buffer to invest in commercial expansion, absorb temporary cost shocks and support future profitability as volumes scale and SG&A leverage improves.
Manufacturing Scale ExpansionA validated facility with ~5x prior capacity materially increases supply flexibility and supports multi‑SKU scaling across markets. Higher capacity reduces single‑site constraints, enables faster roll‑out of outpatient sizes and MTX volumes, and underpins durable revenue and margin expansion as commercial channels ramp.
Bears Say
Weak Cash ConversionMaterial gap between reported profits and cash generation signals persistent working‑capital or timing pressures. Low operating cash conversion can limit reinvestment capacity, make funding capex or commercial expansion harder, and raise reliance on external financing during growth phases.
Outpatient Reimbursement UncertaintyPotential need for a costly, time‑consuming RCT to secure CMS outpatient coverage creates structural timing and adoption risk for an important growth channel. Delayed or unfavorable reimbursement decisions could leave outpatient demand upside unrealized and compress expected addressable market expansion.
Production Timing & Margin DragSlowed output for facility validation and a ~$3.6–3.7m variance reduce near‑term throughput and margins. While tied to regulatory qualification, these timing effects can delay commercial supply, create lumpy revenue recognition, and temporarily constrain the expected scale benefits from the new plant.
Polynovo News
PNV FAQ
What was Polynovo Limited’s price range in the past 12 months?
Polynovo Limited lowest share price was AU$0.86 and its highest was AU$1.67 in the past 12 months.
What is Polynovo Limited’s market cap?
Polynovo Limited’s market cap is AU$728.84M.
When is Polynovo Limited’s upcoming earnings report date?
Polynovo Limited’s upcoming earnings report date is Aug 21, 2026 which is in 73 days.
How were Polynovo Limited’s earnings last quarter?
Polynovo Limited released its earnings results on Feb 20, 2026. The company reported AU$0 earnings per share for the quarter, missing the consensus estimate of AU$0.006 by -AU$0.006.
Is Polynovo Limited overvalued?
According to Wall Street analysts Polynovo Limited’s price is currently Undervalued.
Does Polynovo Limited pay dividends?
Polynovo Limited does not currently pay dividends.
What is Polynovo Limited’s EPS estimate?
Polynovo Limited’s EPS estimate is 0.01.
How many shares outstanding does Polynovo Limited have?
Polynovo Limited has 690,843,000 shares outstanding.
What happened to Polynovo Limited’s price movement after its last earnings report?
Polynovo Limited reported an EPS of AU$0 in its last earnings report, missing expectations of AU$0.006. Following the earnings report the stock price went down -8.458%.
Which hedge fund is a major shareholder of Polynovo Limited?
Currently, no hedge funds are holding shares in AU:PNV
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Polynovo Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.56 (54.46% Upside)
AU$1.56 (54.46% Upside)
Blogger Sentiment
Bullish
AU:PNV Sentiment 97%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$140.4K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.28%
12-Months-Change
Fundamentals
Return on Equity
11.87%
Trailing 12-Months
Asset Growth
17.90%
Trailing 12-Months
Company Description
Polynovo Limited
PolyNovo Limited is an innovative developer of medical devices, operating across key international markets including the United States, Australia, New Zealand, the United Kingdom, Ireland, and Singapore. The company's primary offering is the NovoSorb Biodegradable Temporising Matrix (BTM), a product engineered to facilitate the physiological closure of clean, surgically debrided wounds. Beyond this, PolyNovo is actively advancing a pipeline of new technologies, such as devices for hernia repair and tissue reinforcement, the NovoSorb Dermal Beta Cell Implant designed to house pancreatic islets within the skin, and various NovoSorb drug elution depots. Originally founded in 1998, the entity was known as Calzada Limited until it rebranded to PolyNovo Limited in November 2014. Its corporate headquarters are located in Port Melbourne, Australia.
PNV Company Deck
PNV Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational and commercial picture: double‑digit revenue growth across major regions (group +26%, U.S. +25.3%, RoW +28.3%), rapid MTX adoption (~+193%), improved cash flow (+$9.0M) and a strong clinical evidence base (348 studies). Key strategic catalysts (PMA submission, SynPath outpatient pathway, expanded manufacturing capacity, recruitment of a Chief Scientific Officer) provide clear upside. Short‑term headwinds include a timing‑related manufacturing variance (~$3.6–3.7M) from planned slowdowns, an R&D lab fire asset write‑off (insured), FX translation losses, and reimbursement/regulatory uncertainty for outpatient CMS coverage which may require an RCT. Management frames several negatives as one‑offs or timing issues and expects margin and free cash flow improvement in H2. Overall, highlights materially outweigh the lowlights.View all AU:PNV earnings summariesPNV Stock 12 Month Forecast
Average Price Target
AU$1.56
▲(54.46% Upside)
Technical Analysis
Nova Eye Medical
―
Cochlear
―
Micro-X Ltd.
―
Aroa Biosurgery Ltd
―
EBR Systems, Inc. Shs Chess Depository Interests Repr 1 Sh
―
Options Prices
Currently, No data available
---