1. Australia Stocks

  2. •

    Producer manufacturing

  3. •

    Metal fabrication
Korvest Ltd.

Korvest Ltd.

AASX:KOV
14.87
AUD
-0.21
(-1.39%)
1.05EPS
18.44P/E
230.41MMarket Cap
Jan 25Next Earn
Korvest Ltd.
ASX:KOV
(Australian Securities Exchange)

Recent

price

14.87

P/E

ratio

18.44

div

yld

5.08%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
AUD
7.81
8.35
7.1
8.41
6.01
5.13
4.07
5.13
5.45
5.61
6.17
8.67
9.3
8.82
10.18
11.03
Revenue per Share
0.49
0.72
0.44
0.64
0.14
0.09
-0.14
0.12
0.26
0.36
0.54
0.99
0.97
0.95
1.12
1.06
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
0.26
0.38
0.56
1.46
0.48
0.13
0.18
0.08
0.16
0.28
0.28
0.45
0.6
0.6
0.65
0.76
Dividend per Share
4.29
4.19
4.06
3.51
3.14
2.97
2.63
2.67
2.77
2.9
3.17
3.83
4.24
4.58
5.17
5.48
Book Value per Share
4.29
4.19
3.82
3.34
3.13
2.97
2.63
2.67
2.77
2.9
3.17
3.83
4.24
4.58
5.17
5.48
Tangible Book Value per Share
9
9
9
9
10
11
11
11
11
11
11
11
12
12
12
12
Basic Weighted Avg Shares
67
72
62
74
63
55
45
57
61
63
70
99
107
103
120
130
Sales/Revenue/Turnover
7.04
9.75
5.97
7.96
4.44
-0.77
-8.75
0.43
4.27
4.14
6.95
13.12
12.83
12.16
12.55
11.23
Operating Margin (%)
1
2
2
2
2
2
2
2
1
2
2
2
2
3
3
4
Depreciation Expense
4
6
4
6
1
1
-2
1
3
4
6
11
11
11
13
12
Net Income, GAAP
29.93
29.03
29.91
27.27
47.24
29.21
- -
28.02
30.21
30.63
30.93
28.51
30.47
30.51
30.45
30.59
Effective Tax Rate (%)
6.26
8.57
6.2
7.6
2.31
1.73
-3.53
2.4
4.74
6.38
8.68
11.42
10.4
10.73
11
9.58
Profit Margin (%)
26
21
17
20
18
19
15
18
19
18
20
27
31
32
36
31
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
4
5
5
4
8
9
13
LT Debt
37
36
35
37
33
33
29
30
31
33
36
44
49
53
61
65
Total Equity
9.34
13.27
7.05
11.73
1.61
-0.91
- -
0.58
5.9
5.17
7.96
19.74
18.07
14.6
15.36
13.25
Return on Invested Capital (%)
11.95
16.82
10.66
15.54
4.15
2.88
- -
4.65
9.52
11.79
15.22
24.79
21.59
18.85
19.69
16.41
Return on Capital (%)
11.9
16.82
10.67
15.58
4.19
2.9
-5.12
4.65
9.52
12.67
17.66
28.43
24.07
21.55
23.03
19.76
Return on Common Equity (%)

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.45%
12.65%
6.57%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-15.41%
19.63%
-5.66%
Sales/Revenue/Turnover
10.06%
14.16%
8.34%
Total Cash Common Dividend
28.78%
24.68%
16.19%

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
103
2025
- -
- -
120
2026
- -
- -
130

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.95
2025
- -
- -
1.12
2026
- -
- -
1.06

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.6
2025
- -
- -
0.65
2026
- -
- -
0.76
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Business
Korvest Ltd (ASX:KOV), founded in 1970 and headquartered in Kilburn, South Australia, manufactures and supplies cable and pipe support systems, fastening solutions, and galvanising services primarily in Australia. The company operates through two main divisions: the Industrial Products Group, encompassing the EzyStrut business that produces electrical and cable support systems including cable trays, pipe supports, struts, fittings, and access systems such as hydraulic and electric platforms for mobile mining equipment along with high-torque tool sales, hire, and repair; and the Production Group, comprising Korvest Galvanisers that provides hot dip galvanising services and sheet metal fabrication. Korvest serves diverse sectors including infrastructure, utilities, mining, data centres, oil and gas, power stations, food processing, health, commercial construction, petrochemical, communications, civil engineering, water, and energy markets throughout Australia with a network of branches in major cities. Recent developments include the expansion of EzyStrut's vehicle fleet starting in 2023 with new truck acquisitions such as the Hino 500 flatbed EZY005 for Perth metro deliveries and plans for additional vehicles in Adelaide, Melbourne, and Brisbane to support growing operational capacity. In 2023, EzyStrut established a strategic partnership with Spanish firm Basor Electric to broaden its product range tailored for the data centre boom, including projects like eleven new facilities in New South Wales such as the $4 billion Horsley Park development. The company maintains strong financial performance with fully franked dividends, including an interim payout of A$0.25 per share in February 2025 and a final dividend of A$0.40 per share in August 2024, alongside continued investments in branch relocations like the Sydney facility to Bankstown Aerodrome.