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KOV · ASX

Korvest Ltd. (ASX:KOV)

AU$9.65

 -0.09 (-0.924%)
ASX:Live
26/07/2024 02:31:29 PM
Quality Yield Near Resistance Near 52 Week High HALO Price Momentum HALO Ords +3
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

KOV Overview

KOV Health Scores

Short Term

Mean Reversion

Very Strong

Trend

Neutral

Event

Very Strong

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Very Weak

Earnings

Very Strong

Growth

Earnings

Very Strong

Dividends

Very Strong

Quality

Capital Efficiency

Very Strong

Balance Sheet

Very Strong

About KOV

Telephone

Address

Description

Korvest Ltd. manufactures electrical and cable support systems, steel fabrication and provides associated metal treatment and galvanizing services. It operates through the following segments: Industrial Products and Production. The Industrial Products segment includes the manufacture of electrical and cable support systems and steel fabrication. It operates the businesses under the EzyStrut and Indax names. The Production segment represents the Korvest Galvanizing business, which provides hot dip galvanizing services. It also includes light to medium fabrication of components and machine guarding. The company was founded on February 4, 1970 and is headquartered in Kilburn, Australia.

KOV Price Chart

Key Stats

Market Cap

AU$113.28M

PE

8.40

EV/EBITDA

0.0

Dividends Overview

DIV Yield

8.1%

Franking

100%

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 7.7 - 9.79

Trade Value (12mth)

AU$27,442.00

1 week

1.78%

1 month

11.19%

YTD

17.78%

1 year

20.25%

All time high

9.79

Key Fundamentals

EPS 3 yr Growth

169.800%

EBITDA Margin

16.60%

Operating Cashflow

$15m

Free Cash Flow Return

29.30%

ROIC

21.90%

Interest Coverage

130.20

Quick Ratio

2.00

Other Data

Shares on Issue (Fully Dilluted)

12m

HALO Sector

Next Company Report Date

26-Jul-24

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

0.00

KOV Announcements

Latest Announcements

Date Announcements

21 May 24

Ceasing to be a substantial holder from MUFG

×

Ceasing to be a substantial holder from MUFG

21 May 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

20 May 24

Ceasing to be a substantial holder from CBA

×

Ceasing to be a substantial holder from CBA

20 May 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

20 May 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

18 March 24

Application for quotation of securities - KOV

×

Application for quotation of securities - KOV

22 January 24

Half Yearly Report and Accounts

×

Half Yearly Report and Accounts

22 January 24

Half Year Accounts

×

Half Year Accounts

22 January 24

Dividend/Distribution - KOV

×

Dividend/Distribution - KOV

22 January 24

December 23 Half Year - Investor Presentation

×

December 23 Half Year - Investor Presentation

08 November 23

Notification regarding unquoted securities - KOV

×

Notification regarding unquoted securities - KOV

08 November 23

Change of Director's Interest Notice - Hartwig

×

Change of Director's Interest Notice - Hartwig

08 November 23

Change of Director's Interest Notice - McGregor

×

Change of Director's Interest Notice - McGregor

01 November 23

Final Director's Interest Notice - Hutchinson

×

Final Director's Interest Notice - Hutchinson

01 November 23

Initial Director's Interest Notice - Ranson

×

Initial Director's Interest Notice - Ranson

31 October 23

Chair's Address to Shareholders

×

Chair's Address to Shareholders

31 October 23

Results of Meeting

×

Results of Meeting

18 October 23

Change in substantial holding

×

Change in substantial holding

06 October 23

Application for quotation of securities - KOV

×

Application for quotation of securities - KOV

26 September 23

Director Appointment/Resignation

×

Director Appointment/Resignation

20 September 23

Notice of Annual General Meeting/Proxy Form

×

Notice of Annual General Meeting/Proxy Form

15 September 23

Annual Report to shareholders

×

Annual Report to shareholders

24 July 23

Full Year Statutory Accounts

×

Full Year Statutory Accounts

24 July 23

Dividend/Distribution - KOV

×

Dividend/Distribution - KOV

24 July 23

Corporate Governance Appendix 4G

×

Corporate Governance Appendix 4G

KOV Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.54 0.99 0.97 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.53 0.98 0.96 Lock Lock Lock
     Growth % Lock Lock Lock Lock 49.4 85.0 -2.4 Lock Lock Lock
     PE X Lock Lock Lock Lock 15.5 7.9 8.4 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.78 1.16 1.21 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.09 -0.28 0.52 Lock Lock Lock
     Growth % Lock Lock Lock Lock 22.2 48.7 4.1 Lock Lock Lock
     Yield % Lock Lock Lock Lock 1.8 -4.0 6.8 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.35 0.60 0.60 Lock Lock Lock
     Growth % Lock Lock Lock Lock 25.0 71.4 0.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 6.2 7.3 8.1 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 65 61 62 Lock Lock Lock
BPS $ Lock Lock Lock Lock 3.17 3.82 4.24 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 3.17 3.82 4.24 Lock Lock Lock
     Growth % Lock Lock Lock Lock 9.4 20.5 10.8 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 11 12 12 Lock Lock Lock
Basic m Lock Lock Lock Lock 11 11 12 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 70 99 107 Lock Lock Lock
     Growth % Lock Lock Lock Lock 10.6 42.2 8.3 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 21 21 24 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 28 36 40 Lock Lock Lock
     Growth % Lock Lock Lock Lock 10.8 30.1 10.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 39.7 36.3 36.9 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 60 64 63 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 9 17 18 Lock Lock Lock
     Growth % Lock Lock Lock Lock 36.2 82.9 3.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 13.6 17.5 16.6 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 2 2 2 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 7 15 16 Lock Lock Lock
     Growth % Lock Lock Lock Lock 49.7 111.8 6.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 10.3 15.3 15.0 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 9 16 16 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 3 5 5 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 6 11 11 Lock Lock Lock
     Growth % Lock Lock Lock Lock 50.3 87.2 -1.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock 8.7 11.4 10.4 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 7 4 15 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 2 2 2 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -2 -1 -2 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -4 -6 -8 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 4 2 13 Lock Lock Lock
     Growth % Lock Lock Lock Lock -42.5 -55.0 596.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.1 0.0 0.1 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 10 12 14 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 7 4 9 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 57 66 71 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 5 5 4 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -1 2 -4 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 21 22 22 Lock Lock Lock
Equity $m Lock Lock Lock Lock 36 44 49 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 41 49 53 Lock Lock Lock
     Growth % Lock Lock Lock Lock 13.0 17.2 10.2 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 10.7 17.2 15.8 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 16.9 25.9 22.8 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 18.0 33.2 31.1 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 15.5 25.2 21.9 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 16.7 8.9 29.3 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock 74.6 107.6 130.2 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock -0.1 0.1 -0.2 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -2.0 3.7 -8.2 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 2.5 2.8 3.2 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 1.6 1.4 2.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 20.6 9.2 20.3 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 48.4 27.1 103.9 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 5.8 6.4 6.0 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 3.7 3.8 3.6 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 3.4 3.7 3.5 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 7.1 5.2 4.4 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 1.2 1.5 1.5 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 1.2 1.5 1.5 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 12.6 16.0 15.0 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 15.5 24.1 22.8 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 30.9 28.5 30.5 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 10.7 17.2 15.8 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.6 1.5 1.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 16.9 25.9 22.8 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 34.6 39.4 37.9 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 5.8 10.2 8.6 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 99.7 95.0 100.2 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 63.5 57.1 60.7 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 163.2 152.1 160.9 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 33.0 25.8 27.9 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 130.1 126.2 132.9 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

8.1%

Franking Level

100%

DPSg

0.00%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.00%

Value ($M)

0

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

N/A

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Opportunities

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KOV Shortsell

Frequently Asked Questions

The current share price of Korvest Ltd. (KOV:ASX) is AU$9.65.
The 52-week high share price for Korvest Ltd. (KOV:ASX) is AU$9.79.
The 52-week low share price for Korvest Ltd. (KOV:ASX)? is AU$7.70.
The current TTM dividend payout for Korvest Ltd. (KOV:ASX) is 8.10.
The last dividend payment of Korvest Ltd. (KOV:ASX) is AU$0.25.
Korvest Ltd. (KOV:ASX) has a franking level of 100.0%.
Korvest Ltd. (KOV:ASX) is classified in the Industrials.
The current P/E ratio for Korvest Ltd. (KOV:ASX) is 8.40.