Create Free Account

By creating account you will get access to hot stocks & personalised emails

Korvest Ltd

Industrials AU KOV

9.25AUD
-0.31(3.24%)

Last update at 2024-10-31T04:56:00Z

Day Range

9.259.52
LowHigh

52 Week Range

7.2810.80
LowHigh

Fundamentals

  • Previous Close 9.56
  • Market Cap109.87M
  • Volume12964
  • P/E Ratio9.95
  • Dividend Yield6.80%
  • EBITDA17.29M
  • Revenue TTM102.93M
  • Revenue Per Share TTM8.82
  • Gross Profit TTM 39.11M
  • Diluted EPS TTM0.94

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax 16.08M 15.86M 8.77M 5.80M 4.13M
Minority interest - - - - -
Net income 11.18M 11.34M 6.05M 4.03M 2.88M
Selling general administrative 2.89M 3.07M 2.81M 2.83M 2.68M
Selling and marketing expenses 20.59M 17.73M 17.75M 16.67M 16.57M
Gross profit 39.09M 36.01M 27.69M 24.99M 23.31M
Reconciled depreciation 2.31M 2.16M 2.31M 2.17M 1.47M
Ebit 13.84M 13.01M 5.00M 2.61M 2.60M
Ebitda 16.14M 15.17M 7.31M 4.78M 4.07M
Depreciation and amortization 2.31M 2.16M 2.31M 2.17M 1.47M
Non operating income net other - - - - -
Operating income 16.12M 15.19M 7.16M 4.78M 2.60M
Other operating expenses 45.36M 43.19M 27.66M 18.95M 58.24M
Interest expense 0.00300M 0.15M 0.11M 0.04M 1.53M
Tax provision 4.90M 4.52M 2.71M 1.78M 1.25M
Interest income 0.00300M 0.01M 0.01M 0.04M 0.06M
Net interest income -0.00300M -0.14800M -0.11300M -0.12000M 0.06M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 4.90M 4.52M 2.71M 1.78M 1.25M
Total revenue 107.48M 99.22M 69.79M 63.09M 60.84M
Total operating expenses 25.30M 22.99M 22.84M 22.38M 20.71M
Cost of revenue 68.40M 63.22M 42.10M 38.10M 37.53M
Total other income expense net -0.01700M 0.83M 1.72M 1.06M 1.53M
Discontinued operations - - - - -
Net income from continuing ops 11.18M 11.34M 6.05M 4.03M 2.88M
Net income applicable to common shares 11.18M 11.34M 6.05M 4.03M 2.88M
Preferred stock and other adjustments - - - - -
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 79.55M 70.66M 65.91M 56.52M 48.28M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 0.59M 0.54M 0.31M 0.30M 0.05M
Total liab 26.10M 21.62M 22.09M 20.60M 15.63M
Total stockholder equity 53.45M 49.04M 43.83M 35.92M 32.65M
Deferred long term liab - - - - -
Other current liab 8.56M 9.71M 9.59M 8.50M 7.15M
Common stock 14.46M 14.39M 14.33M 14.27M 14.20M
Capital stock 14.46M 14.39M 14.33M 14.27M 14.20M
Retained earnings 30.98M 34.64M 29.49M 16.51M 13.62M
Other liab - - 2.67M 1.72M 1.49M
Good will - - - - -
Other assets - - - - -
Cash 6.79M 8.94M 3.56M 6.69M 6.47M
Cash and equivalents - 7.67M 1.64M 4.00M 5.11M
Total current liabilities 15.35M 14.38M 14.74M 13.44M 10.17M
Current deferred revenue 1.29M -0.77600M -4.87300M -0.78700M -0.78200M
Net debt 2.69M -3.74600M 1.91M -0.45600M -1.72300M
Short term debt 1.16M 0.78M 0.79M 0.79M 0.78M
Short long term debt - - - - -
Short long term debt total 9.48M 5.19M 5.47M 6.23M 4.75M
Other stockholder equity -30.97500M -41.32500M -37.02400M -30.77400M -27.82300M
Property plant equipment - 25.25M 24.44M 22.66M 20.51M
Total current assets 47.37M 45.41M 41.47M 33.87M 27.77M
Long term investments - - - - -
Net tangible assets - - 43.83M 35.92M 32.65M
Short term investments 0.28M 0.28M 0.28M 0.28M 0.28M
Net receivables 22.74M 18.86M 16.87M 14.15M 10.11M
Long term debt - - - - -
Inventory 16.99M 16.79M 20.46M 12.45M 10.50M
Accounts payable 4.34M 4.68M 9.23M 4.94M 3.02M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 38.99M 34.64M 29.49M 21.66M 18.45M
Additional paid in capital - - - - -
Common stock total equity - - - - 14.20M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.43M -25.24900M -24.44300M -22.65700M -20.51200M
Deferred long term asset charges - - - - -
Non current assets total 32.17M 25.25M 24.44M 22.66M 20.51M
Capital lease obligations 9.48M 5.19M 5.47M 6.23M 4.75M
Long term debt total - 4.42M 4.68M 5.45M 3.96M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -1.81100M -1.18200M -2.31400M -3.17100M -1.61600M
Change to liabilities 0.00000M 1.11M 2.77M 0.02M 1.29M
Total cashflows from investing activities -1.81100M -1.18200M -2.31400M -3.17100M -1.61600M
Net borrowings - -0.78300M -0.80400M -0.79500M -0.79500M
Total cash from financing activities -7.74900M -5.93900M -3.97500M -3.94500M -1.79000M
Change to operating activities - 0.36M 0.40M 0.10M 0.01M
Net income 11.18M 11.34M 6.05M 4.03M 2.88M
Change in cash 5.38M -3.13400M 0.22M 3.34M -1.99300M
Begin period cash flow 3.56M 6.69M 6.47M 3.13M 5.12M
End period cash flow 8.94M 3.56M 6.69M 6.47M 3.13M
Total cash from operating activities 14.94M 3.99M 6.51M 10.46M 1.41M
Issuance of capital stock - - - - -
Depreciation 2.31M 2.16M 2.31M 2.17M 1.47M
Other cashflows from investing activities 0.05M 0.93M 0.02M 0.03M 0.02M
Dividends paid -6.93700M -5.15200M -3.16900M -3.14900M 1.79M
Change to inventory 3.49M -8.12100M -1.71600M 0.00700M -1.09800M
Change to account receivables -2.06100M -2.83600M -3.97000M 3.26M -4.12600M
Sale purchase of stock -0.00700M -0.00400M -0.00200M -0.00100M -0.00300M
Other cashflows from financing activities -0.80500M -0.78300M -0.80400M -0.79500M -1.61600M
Change to netincome 0.15M -0.37800M 0.27M 0.91M 0.12M
Capital expenditures 1.86M 2.11M 2.33M 3.20M 1.64M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 1.43M -10.95700M -5.68600M 3.27M 0.06M
Stock based compensation 0.41M 0.38M 0.39M 0.19M -
Other non cash items 1.46M -9.50500M -1.85800M 4.26M -4.35400M
Free cash flow 13.08M 1.88M 4.17M 7.26M -1.64000M

Peer Comparison

Sector: Industrials Industry: Metal Fabrication

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
KOV
Korvest Ltd		 -0.31 3.24% 9.25 9.95 - 1.09 2.11 1.11 7.41
AL3
Aml3d Pty Ltd		 0.01 5.71% 0.18 - - 9.42 6.64 8.28 -3.4317

Reports Covered

Stock Research & News

View All

Profile

Korvest Ltd, together with its subsidiaries, engages in the hot dip galvanizing and sheet metal fabrication businesses primarily in Australia. It operates through two segments, Industrial Products and Production. The Industrial Products segment manufactures electrical and cable support systems, which include channel, cable trays, cable ladders, cable mesh and ducts, and general and heavy duty pipe clamps and hangers, as well as specialist pipe supports products, other fittings, fasteners, and clamping components under the EzyStrut name. The Production segment provides hot dip galvanizing services. The company is also involved in the manufacture of cable and pipe support systems, and fittings. It serves infrastructure, commercial, utilities, mining, data centers, food processing, oil and gas, power stations, health, and industrial sectors. The company was incorporated in 1970 and is based in Kilburn, Australia.

Korvest Ltd

580 Prospect Road, Kilburn, SA, Australia, 5084

Key Executives

Name Title Year Born
Mr. Chris A. Hartwig B.A., M.A.I.C.D. MD & Exec. Director 1971
Mr. Steven John William McGregor A.C.I.S., ACIS, AGIA, B.A., BA(Acc), CA, F.C.A. Fin. Director, Company Sec. & Exec. Director 1971
Mr. Gavin Christie Gen. Mang. of Operations NA
Mr. Stephen Taubitz Gen. Mang. of Sales - EzyStrut NA
Mr. Chris A. Hartwig B.A., M.A.I.C.D. MD & Executive Director 1971
Mr. Steven John William McGregor A.C.I.S., ACIS, AGIA, B.A., BA(Acc), CA, F.C.A. Finance Director, Company Secretary & Executive Director 1971
Mr. Gavin Christie General Manager of Operations NA
Mr. Chris A. Hartwig B.A., M.A.I.C.D. MD & Executive Director 1971
Mr. Steven John William McGregor A.C.I.S., ACIS, AGIA, B.A., BA(Acc), CA, F.C.A. Finance Director, Company Secretary & Executive Director 1971
Mr. Gavin Christie General Manager of Operations NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.

Our Company

Useful Links

Contact Us

ISO Certified Market Research

Kalkine Solutions Private Limited, authorized representative of Kalkine Pty Ltd, holds ISO 27001:2022 certification bearing Certificate No.- IC-IS-2404072

Our Company

Useful Links

Contact Us

Disclaimer

The information given by Kalkine Pty Ltd ABN34 154 808 312 (Australian Financial Services License Number 425376) on this website is general information or advice only.

It does not take into account any of your personal objectives, circumstances or needs. Choosing an investment is an important decision. If you do not feel confident making a decision based on the recommendations Kalkine has made in our reports, you should consider obtaining personal advice from an authorised adviser.

There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. Terms & Conditions have been provided for our services, please go through them and also read our Financial Services Guide.

Our website may contain information on past performance of particular investments. Past performance is not an indicator of future performance. Hypothetical returns may not reflect actual performance. Any displays of potential investment opportunities are for sample purposes only and may not actually be available to investors.

The information on the website does not constitute an offer to sell securities or a solicitation of an offer to buy securities. Our reports contain general recommendations to invest in securities.

Copyright 2024 Krish Capital Pty. Ltd. All rights reserved. No part of this website, or its content, may be reproduced in any form without our prior consent.