PNV
POLYNOVO FPO [PNV]
Healthcare · ASX Small Cap
$0.8900 -0.6%
Updated 26 Mar 2026 · Scores refresh every scan
Score Breakdown
Technical50
Catalyst53
Sentiment50
Fundamental87
Momentum46
Risk Gate35
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Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- Sitting near support — this level has held before and could attract buyers again
- Cash positive / operating cashflow positive
- Low P/S ratio (4.4x)
- Moderate revenue growth (+18%)
- Piotroski F-Score strong (8/9, low-confidence approx)
- EPS estimates revised upward (+10pts)
- Near 52-week low (4% of range)
- Very high short interest (14.1%)
- Earnings in sharp decline (-100% QoQ)
- CANSLIM A: Turned profitable
- CANSLIM I: Institutional ownership (31%)
- Sentiment is mixed — no strong consensus either way
- Earnings are trending the right way — 2 consecutive improvements
- Days to cover very high (44.5)
- Beneish M-Score -1.92 (grey zone -2.22 to -1.78): possible earnings manipulation
- RBA hiking (-3pts)
Risk Signals
- Trading below both moving averages — the trend is working against this one
- Below the 200-day average — the long-term trend is still working against it
- Post-earnings drift: negative surprise (SUE -10)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Long-term momentum is negative — down 26% over the past year
- The bigger volume days are the down days — volume-weighted momentum is negative (-1.34%/day)
- Overseas neutral (-2pts, S&P500 neutral, VIX 25)
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Recent Catalysts
NONE Director Appointment - Charmaine Gittleson
NONE Change of Director's Interest Notice - Robert Douglas
NONE Change of Director's Interest Notice - Andrew Lumsden
Announcement tone +3pts
Recent ASX Announcements
| 2026-03-24 | Director Appointment - Charmaine Gittleson |
| 2026-03-16 | Change of Director's Interest Notice - Robert Douglas |
| 2026-02-27 | Change of Director's Interest Notice - Andrew Lumsden |
| 2026-02-27 | Change of Director's Interest Notice |
| 2026-02-24 | Webcast Recording - 1H26 Financial Results |
Key Metrics
$618.3M
Market Cap
2.2M
Avg Volume
0.8x
Vol Ratio
$0.86 — $1.72
52-Week Range
14.1%
Short Interest
N/A
Cash Runway
12.5%
ROE
7.1%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: -100% |
| A | Annual Earnings | improving | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 87% |
| L | Leader vs Laggard | laggard | RS: -6 |
| I | Institutional Sponsorship | pass | Inst: 31% |
| M | Market Direction | neutral | Neutral |
Sector: Healthcare
Ranked #2 of 117 · Sector avg: 46
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