Korvest Ltd. (AU:KOV)
ASX:KOV
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Korvest Ltd.
(Sydney:KOV)
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Select Model
Rating:79Outperform
Price Target:
AU$17.50
▲(24.91% Upside)
Action:ReiteratedDate:12/18/25
Korvest Ltd. achieves a strong overall stock score driven by robust financial performance and solid valuation metrics. The technical analysis supports a positive outlook with upward price trends. The absence of earnings call data and corporate events does not detract from the company's strong fundamentals.
Positive Factors
Consistent revenue growth
Sustained top-line growth (17.16% latest year) indicates expanding market penetration and demand for engineered support and safety products. Over a multi-quarter horizon this supports durable order flow, better absorption of fixed costs and stronger reinvestment capacity for product and geographic expansion.
Negative Factors
Rising total debt trend
Although current leverage is low, the documented upward trend in total debt increases refinancing and interest-rate risks over time. If debt continues to rise it can constrain capital flexibility, raise financing costs and curtail investment or dividend capacity during adverse cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent revenue growth
Sustained top-line growth (17.16% latest year) indicates expanding market penetration and demand for engineered support and safety products. Over a multi-quarter horizon this supports durable order flow, better absorption of fixed costs and stronger reinvestment capacity for product and geographic expansion.
Read all positive factors
Korvest Ltd. (KOV) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$180.54M
Dividend Yield4.48%
Average Volume (3M)5.64K
Price to Earnings (P/E)7.6
Beta (1Y)0.29
Revenue Growth16.21%
EPS Growth18.21%
CountryAU
Employees246
SectorIndustrials
Sector Strength72
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)0.46
Shares Outstanding11,838,396
10 Day Avg. Volume3,226
30 Day Avg. Volume5,637
Financial Highlights & Ratios
PEG Ratio0.55
Price to Book (P/B)2.13
Price to Sales (P/S)1.08
P/FCF Ratio8.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.97
Revenue Forecast (FY)AU$111.10M
Korvest Ltd. Business Overview & Revenue Model
Company Description
Korvest Ltd, together with its subsidiaries, engages in the hot dip galvanizing and sheet metal fabrication businesses in Australia. It operates through two segments, Industrial Products and Production. The Industrial Products segment manufactures...
How the Company Makes Money
Korvest Ltd. generates revenue through several key streams, primarily from the sale of its industrial products and services. The company's main revenue comes from its hot-dip galvanizing operations, where it charges clients for treating steel prod...
Korvest Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 128.74M | 119.57M | 102.89M | 107.48M | 99.22M | 69.79M |
| Gross Profit | 49.95M | 45.82M | 40.27M | 39.65M | 36.01M | 27.69M |
| EBITDA | 24.94M | 18.26M | 15.46M | 17.96M | 15.17M | 9.47M |
| Net Income | 14.51M | 13.16M | 11.04M | 11.18M | 11.34M | 6.05M |
Balance Sheet | ||||||
| Total Assets | 91.44M | 90.38M | 79.55M | 70.66M | 65.91M | 56.52M |
| Cash, Cash Equivalents and Short-Term Investments | 5.91M | 13.30M | 7.06M | 9.21M | 3.83M | 6.96M |
| Total Debt | 27.34M | 9.88M | 9.48M | 5.19M | 5.47M | 6.23M |
| Total Liabilities | 30.87M | 29.56M | 26.10M | 21.62M | 22.09M | 20.60M |
| Stockholders Equity | 60.57M | 60.82M | 53.45M | 49.04M | 43.83M | 35.92M |
Cash Flow | ||||||
| Free Cash Flow | 9.10M | 15.00M | 5.84M | 13.08M | 1.88M | 4.17M |
| Operating Cash Flow | 14.31M | 18.69M | 10.35M | 14.94M | 3.99M | 6.51M |
| Investing Cash Flow | -5.19M | -3.63M | -4.44M | -1.81M | -1.18M | -2.31M |
| Financing Cash Flow | -10.09M | -8.82M | -8.06M | -7.75M | -5.94M | -3.98M |
Korvest Ltd. Technical Analysis
Positive
14.01
Price Trends
15.19
Positive
14.42
Positive
13.38
Positive
Market Momentum
-0.19
Negative
56.22
Neutral
80.38
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KOV, the sentiment is Positive. The current price of 14.01 is below the 20-day moving average (MA) of 14.56, below the 50-day MA of 15.19, and above the 200-day MA of 13.38, indicating a bullish trend. The MACD of -0.19 indicates Negative momentum. The RSI at 56.22 is Neutral, neither overbought nor oversold. The STOCH value of 80.38 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:KOV.
Korvest Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | AU$180.54M | 7.58 | 23.91% | 4.48% | 16.21% | 18.21% | |
71 Outperform | AU$152.09M | 3.47 | 14.98% | 4.59% | 1.33% | -11.07% | |
66 Neutral | AU$107.80M | 8.53 | 8.32% | 2.65% | 9.53% | 173.53% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | AU$82.18M | -1.38 | -34.30% | 1.28% | -14.88% | -56.89% | |
41 Neutral | AU$124.32M | -4.86 | -35.18% | ― | 0.88% | 4.88% |
* Industrials Sector Average
AU:KOV
Korvest Ltd.
15.25
6.55
75.25%
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Korvest Ltd. Corporate Events
Korvest seeks ASX quotation for new employee incentive shares
Mar 13, 2026
Korvest Ltd has applied to the ASX for quotation of 5,808 ordinary fully paid shares, to be issued on 13 March 2026 under its employee incentive scheme. The modest size of the issuance indicates a routine expansion of the share base tied to staff ...
Perpetual Ceases to Be Substantial Shareholder in Korvest Limited
Jan 27, 2026
Perpetual Limited and its related bodies corporate have lodged a notice stating they have ceased to be a substantial shareholder in Korvest Limited as of 22 January 2026, ending a substantial holding position previously disclosed in November 2024....
Korvest Outlines Operational, Growth and Sustainability Priorities for First Half of 2025
Jan 22, 2026
Korvest Ltd. has outlined its strategic priorities for the first half of the 2025 financial year, centering on operational excellence, growth and sustainability initiatives to reinforce its competitive standing in construction-related markets. The...
Korvest lifts first-half profit, steps up investment and flags stronger second half
Jan 22, 2026
Korvest reported a strong first half of FY2026, with trading revenue up 17.9% to $60.3 million driven by robust growth in its Industrial Products segment, particularly EzyStrut, and profit before tax up 33.2% to $5.4 million, aided by improved pro...
Korvest Declares A$0.25 Interim Dividend for Half-Year to December 2025
Jan 22, 2026
Korvest Ltd, listed on the ASX under the code KOV, has declared an ordinary fully paid share dividend of A$0.25 per share relating to the six-month period ended 31 December 2025. The interim dividend will trade ex-dividend on 12 February 2026, wit...
Korvest Delivers Strong Half-Year Profit Growth and Maintains Dividend Payout
Jan 22, 2026
Korvest Ltd reported a strong first half for the period ended 31 December 2025, with revenue from ordinary activities rising 17.9% to A$60.3 million and net profit after tax attributable to members jumping 33.2% to A$5.44 million compared with the...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.